Macroeconomics, Legislation, Cyber Incidents Nigeria’s Biggest Risks‪ ‬ News Express

In a Nigerian Economic landscape where 2024 poses major challenges for businesses, a survey conducted by multinational insurance and risk management giant, Allianz, and published in its 13th Allianz Risk Barometer, Nigerian business leaders participating in the global survey have identified changes in legislation, cyber and microeconomic developments as the joint top risks that companies will face in Nigeria this year.
big issues facing companies right now – digitalization, climate change and an uncertain geopolitical environment. Many of these risks are already hitting home, with extreme weather, ransomware attacks and regional conflicts testing the resilience of supply chains and business models. The fast pace of change, and the growing interconnected nature of risk, likely necessitates a shift up in gear for many companies when it comes to risk management.