About this course
Introduction to Managing Risks is a practical course designed to help entrepreneurs, employees, business owners, and everyday professionals understand, assess, and respond to the risks that affect their personal and professional lives. Grounded in the Nigerian social and business environment, the course covers risk identification, coping and management strategies, insurance fundamentals, and personal financial planning tools such as wills. Through real-world examples, structured lessons, and actionable frameworks, participants will learn how to reduce exposure to risk, leverage available social protection services, and build long-term financial resilience.
Learning Objectives
Explain the fundamentals of risk, including the major categories of risk that affect individuals and businesses in everyday Nigerian and digital environments.
.Identify and apply appropriate risk coping and management strategies to reduce vulnerability, minimise loss, and improve personal and business outcomes.
Demonstrate an understanding of insurance as a risk management tool, including types of coverage, and the process of buying and using insurance effectively.
Describe the social insurance services available in Nigeria and evaluate how they can be accessed and utilised to provide personal and household financial protection.
Explain the purpose and benefits of a will as a personal risk planning instrument, including how to create, review, and update one in line with changing life circumstances.
Develop a personal risk management approach that integrates insurance, social protection, and estate planning to support long-term financial security and resilience.
Who Is This Course For?
SME Owners & Entrepreneurs
Employees & Administrative Teams
Startups & Digital Professionals
Introduction to Managing Risks
5 Parts
Introduction
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What is Risk
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Risk Coping Strategies
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Risk Management Strategies 1
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Risk Management Strategies II
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Insurance
1 Parts
Insurance
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Basic Insurance Policy Terms
3 Parts
Basic Insurance Policy Terms
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Social Insurance Services Available in Nigeria
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Steps to Take When Buying and Using an Insurance
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Will
5 Parts
Will
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What are the Benefits of having a Will
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How to Make a Will
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When and How Should You Change your Will
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Will my Will Always be Valid
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Why and How to Support Women When dealing with Risk Management
2 Parts
Why and How to Support Women When dealing with Risk Management
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Key Message
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QUIZ
1 Parts
Quiz
10 Questions
Min
Passed grade: 70/100
Attempts: 0/
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