RISK MANAGEMENT IN TWO NIGERIAN BANKS
ABSTRACT
This study examines the impact of risk management in two Nigerian Banks. Data were obtained from the annual accounts and reports of the two banks (AfriBank Nigeria PLC and Fidelity Bank Nigeria PLC). An event study methodology was employed to examine the effects of deposit, asset quality and credit risk exposures on the growth and profitability of Nigeria commercial banks. Similarly, results show the significant impact of asset on profit. On a whole, the study finds the need for banks in Nigeria to devote enough attention to the management of financial risks in the banking industry.