The top 10 corporate risks in Nigeria in 2018
| 2018 rank | 2017 rank | The ten major risks in 2018 | % of repondents in 2018 | % of respondents in 2017 |
|---|---|---|---|---|
| 1 | 4 | Theft, fraud, corruption | 38% | 26% |
| 2 | 2 | Market developments ( volatility, intensified competition / new entrants, M&A, market stagnation, market fluctuation) | 36% | 48% |
| 3 | 3 | Changes in legislation and regulation (government change, economic sanctions, protectionism, Brexit,..) | 33% | 27% |
| 4 | 1 | Macroeconomic developments (austerity programs, commodity price increase, inflation, deflation) | 31% | 60% |
| 5 | 5 | Cyber incidents (cyber crimes, IT failure, data breaches) | 29% | 23% |
| 6 | 6 | Political risks (war, terrorism, ….) | 24% | 21% |
| 7 | - | Fire, explosion | 22% | - |
| 7 | - | Power blackouts | 22% | - |
| 9 | 8 | Business interruption (including supply chain disruption) | 16% | 11% |
| 10 | 10 | New technologies (impact of increasing interconnectivity, nanotechnology, artificial intelligence, 3D printing, drones) | 11% | 8% |
