The article explores how audit committee characteristics influence risk management practices in Nigerian listed firms. The researchers analyzed data from 20 selected firms over a five-year period. They found that audit committee accounting expertise is linked to lower financial risk, while more audit committee meetings are associated with reduced credit risk. Having a diverse gender composition and greater independence on the audit committee were found to decrease liquidity risk. The study suggests that audit committees should focus on Enterprise Risk Management to effectively manage risks across the organization.