RISK MANAGEMENT IN FINANCIAL INSITUTION IN NIGERIA A CASE STUDY OF UNION BANK OF NIGERIA PLC 1999 – 2004

ABSTRACT The project work examine the potential usefulness of adopting a systematic methodology for the analysis and control of quit within the financial services sector and discuss the resulting information processing requirements. Two types of financial intermediaries (banks and insurance companies) are specifically examined from a total system frame work, but the resulting insight is extend to other financial institutions.  The point is made, that given the current wave of de-regulation in Nigeria, economy especially in the banking sector and the rapid process technological and marketing glufts which have resulted, financial institutions are being forced to rely more on managerial competencies and other intra-organisation factors for survival and success and it is suggested that effective risk analysis and control technologies should be an integral aspect of any sensible corporate plan in these institution. This project is patterned into five distinct chapters.  Chapter one deals with introduction of the topic, statement of problem, scope, limitation and research    question while chapter two emphasize on the researcher’s reviews and related literature on risk management to business organisation.  The third chapter highlights the methodology of the research.  It stresses the design plan, method of data collection. Finally, the last chapter (chapter five) summarized the entire work by inserting possible findings recommendations and conclusion.   TABLE OF CONTENTS Title page ii Approval pageiii Dedicationiv Acknowledgementv Abstractvii Table of contentsix
CHAPTER ONE 1.0Introduction1 1.1Background of the study1 1.2Statement of the problems2 1.3Objectives of the study4 1.4Research questions4 1.5Research hypothesis5
CHAPTER TWO 2.0Literature review6 2.1Definition and general concept of risk7 2.2Classification of risk11 2.3Fundamental and particular risks14 2.4The risk management15 2.5Definition of risk management16 2.6Objective of risk management17 2.7Risk management process20
CHAPTER THREE 3.0Research design and methodology31 3.1Design31 3.2Area of study31 3.3Population description32 3.4Sample and sampling techniques32 3.5Instruments of data collection34 3.6Methods of data collection34 3.7Proposed method of data analysis35
CHAPTER FOUR 4.0Data presentation and analysis37 4.1Distribution and collection of questionnaires37 4.2Test of hypothesis43 4.3Recommendation solutions46
CHAPTER FIVE 5.0Findings, recommendation and conclusion47 5.1Findings47 5.2Recommendations47 5.3Conclusion49 5.4Scope limitation and delimitation49 Reference51 Questionnaires53