AS part of its initiatives to promote risk management culture among the capital market operators in Nigeria, the Association of Stockbroking Houses of Nigeria (ASHON) in collaboration with a frontline management consulting firm, IRM Professionals has exposed market operators to a range of risk management challenges that impact their activities.
Speaking at the forum, the Managing Partner and Chief Executive, IRM Professionals, Mrs Owodunni Yussuff, explained that certain risks were peculiar to capital market operations and they should be managed in order to ensure business continuity.
Yussuff stated that the risks were usually classified into business risk and consequential risk, saying that business risks include credit risk and market risk, while consequential risks comprise legal…
