Raymond Osi Alenoghena
Economics – B.Sc, MBA, MBF, M.Sc, Ph.D
Faculty / Department
Arts, Management and Social Science / Economics Curriculum Vitae Dr Raymond O Alenoghena CVOrcid Page Reference:
https://orcid.org/my-orcid?orcid=0000-0002-2701-2701Researchgate Page Reference:
https://www.researchgate.net/profile/Raymond-AlenoghenaGoogle Scholar Page Reference:
https://scholar.google.com/citations?user=sjv3U2EAAAAJ&hl=enResearch Interest
- Ecoomic Theory
- Development Economics
- Monetary Economics
- Environmental Economics
Awards & Honours:
- First Position in Inter-University Debate on IMF Loan to Nigeria, March, 1983
- President, Nigerian Economics Students Association (NESA), BENSU Chapter, 1984 – 1985 Session, June, 1985
- Certificate of Honour (CYWON, St. Cyprian, Oko-Oba, Lagos) Sept. 2001
- Certificate of Merit (CYWON, St. Cyprian, Oko-Oba, Lagos) Dec. 2004
- Award of Excellence (CWO, St. Cyprian, Oko-Oba, Lagos) Oct. 2005
- Award of Excellence (Rotary Club of Ikeja South) Oct. 2012
- Award of Honour (Inspiration International) April, 2016
- Certificate of Recognition, Catholic Church of the Holy Spirit, Omole, November, 2022.
Membership of Professional Bodies:
- Member of the Nigerian Economic Society (MNES)
- Fellow of the Institute of Management Consultants of Nigeria (FIMC)
- Honorary Member of the Chartered Institute of Bankers (HCIB)
- Member, Economic Team of Lagos Chamber of Commerce and Industry (LCCI)
- Alumnus of the Lagos Business School (SMP 30)
Professional Consultancy:
- Certificate of Excellence in Reviewing (Journal of Scientific Res. & Rep.) May, 2020
- Certificate of Reviewing Five Research Articles (Heliyon Journal), February, 2021
- Certificate of Excellence in Reviewing (South Asian Journal of Social Studies and Economics) March, 2022.
- Editorial Board Member of the International Journal of Economy, Energy and Environment, July, 2022.
List of Academic Journal Publication Papers:
- Alenoghena, R. O., Amase J., & Aghughu, A. A. (2022). The Threshold Effect of Domestic Public Borrowing on the Nigerian Economy. Int’l Journal of Research and Innovation in Social Science (IJRISS), 6(5), 824-833. DOI: https://dx.doi.org/10.47772/IJRISS.2022.6544
- Aghughu, A. A., Alenoghena, R. O., & Amase J. (2022). Government Domestic Borrowing and Private Credit in Nigeria: Testing the Lazy Bank Hypothesis. Journal of Economics and Sustainable Development, 13(7), 52-62. DOI: 10.7176/JESD/13-7-07
- Alenoghena, R. O., Nwajei, J. I., & Ogbedebi, S. F. (2022). Oil Resource Earnings and the Nigerian Economy: Does Financial Development Matter? Developing Country Studies, 12(4), 36-46. DOI: 10.7176/DCS/12-4-03
- Alenoghena, R. O., & Aghughu, A. A. (2022). Oil Prices and Economic Activity in Nigeria: An Asymmetric Cointegration and Threshold Analysis, Acta Universitatis Danubius Œconomica, 18(1).
- Alenoghena, R. O., Saibu, O. M. & Adeoye, B. W. (2020). Financial development and economic growth in Nigeria: Asymmetric cointegration and threshold analysis. Forum Scientiae Oeconomia, 8(4), 43-63. DOI: https://doi.org/10.23762/FSO_VOL8_NO4_3
- Alenoghena, R. O. (2020). Oil Price Shocks and Macroeconomic Performance of the Nigerian Economy: A Structural VAR Approach, Facta Universitatis, Series: Economics and Organisation, 17(4), 299-316. DOI: https://doi.org/10.22190/FUEO200801022A
- Alenoghena, R. O. (2019). Fiscal Policy Determinants of Money Demand in Nigeria: ARDL Bound Testing Approach, Ovidius University Annals, Economic Sciences Series, 19(2), 13-22.
- Adeoye, B. W. & Alenoghena, R. O. (2019). Internet Usage, Financial Inclusion and Economic Growth in Nigeria, Ovidius University Annals, Economic Sciences Series, 19(2), 2-12.
- Nwaogwugwu, I. C. & Alenoghena, R. O. (2018). Government Size and Economic Growth in Nigeria, Actual Problems of Economics, 11 (209).
- Odior, S. E. & Alenoghena, R. O. (2018). Socioeconomic factors that determine fertility pathway in relations to sustainable development in Nigeria, Journal of Sustainable Development in Africa, 20(2).
- Saibu, O. M. & Alenoghena, R. O. (2017), Fiscal Deficit Financing and Financial Market Development Nexus in Nigeria, Journal of Economics and Policy Analysis, Department of Economics, University of Lagos, Nigeria, 2 (1), 113-139.
- Olaniyi, E. & Alenoghena, R. O. (2017). Financial Inclusion and GDP Per Capita in Africa: A Bayesian VAR Model, Journal of Economics and Sustainable Development, 8(18), 44-57.
- Alenoghena, R. O. & Nwokoma, I. N. (2016). Terrorism and its effects on Nigeria’s economic performance, Paper Presented at Economics Departments Seminar, University of Lagos, June, 2016. https://www.researchgate.net/publication/342027897_Terrorism_and_its_effects_on_Nigeria's_economic_performance.
- Saibu, O. M., Alenoghena, R. O., Evans, O., & Tewogbade, S. (2016). Determinants of Stock Trading Volume in Nigeria: A Money Demand Approach, Journal of Empirical Economics, 5(2) 74-89.
- Odior, S. E. & Alenoghena, R. O. (2016). Empirical Verification of Milton Friedman’s Theory of Demand for Real Money Balances in Nigeria: A Generalised Linear Model Analysis, Journal of Empirical Economics, 5(1), 35-50.
- Alenoghena, R. O. (2015). Financial Market Development and Fiscal Deficit Financing in Nigeria, Paper Presented at Economic Society of South Africa (ESSA), Held in University of Cape Town, September 2 – 4, 2015. https://www.researchgate.net/publication/323445696_Financial_Market_Development_and_Fiscal_Deficit_Financing_In_Nigeria
- Alenoghena, R. O and Olaniyi, Evans (2015). Corruption Effects on Nigeria: Aggregate and Sectoral Estimates Using VAR, Journal of Economic and Financial Studies, 3(3), 41-48. DOI: https://doi.org/10.18533/jefs.v3i02.94
- Alenoghena, R. O., Osoba, E. C. & Mesagan, P. E. (2014). Financial Deepening and performance of the Nigerian Capital Market: Empirical Evidence, Global Journal of Commerce & Management Perspective, 3(4), 142-151.
- Alenoghena, R. O. (2014). Capital Market, Financial Deepening and Nigeria’s Economic Growth: Empirical Evidence, Journal of Economic & Financial Studies, 4(4), 43-52, DOI: https://doi.org/10.18533/jefs.v2i03.69
- Odior, S. E., & Alenoghena, R. O. (2014). Public Sector Financial Management and Output Growth in Nigeria: A Predictive Causality Test and Two-Stage Least Squares Approach, Journal of Economic & Financial Studies, 2(1), 1-13, DOI: https://doi.org/10.18533/jefs.v2i01.45
- Alenoghena, R., O. & Odior, S. E. (2013). A Weighted Least Squares Analysis of Globalisation and Nigerian Stock Market. Journal of Economic and Financial Studies, 1(1), 61-73, DOI: https://doi.org/10.18533/jefs.v1i01.32.
List of Courses Attended:
A. Management and Banking Courses
- Understanding Banking Business: Aug/Sept 1994 (Zenith Bank)
- Computer Appreciation Course: May, 1994 (Corp. Info Systems Ltd)
- Know your Bank products & Services: Sept, 1998 (Zenith Bank)
- Core Credit – Corporate Customers: May, 1998 (Agusto & Co. Ltd)
- Customer Service Excellence: Jan, 1999 (Zenith Bank)
- Professional Selling and Mktg Strategies: Sept, 1999 (Dale & Parker Ltd)
- Middle Level Management Development Course: Nov. 1999 (Zenith Bank)
- Controlling Runaway Overheads: Dec. 2002 (Don Mitchell & Co. Ltd)
- Building Strong Organisational Culture & Strategy: Feb. 2003 (Espera Incorporated)
- Credit Analysis Skills: March, 2003 (Malcolm Reade Ass.)
- Advance Lending/Credit Analysis Skills: Aug. 2003 (ICAN)
- Branch Operations Management: March, 2005 (H. Pierson)
- The Practicalities of Shipping/Maritime Business Under Local Content: Nov. 2005 (The Nigerian Chamber of Shipping)
- International Trade Finance: April, 2007 (Euromoney Training, UK)
- Performance Management, Best Practices: June, 2008 (Chyles Pathways)
- Project Finance Master-class: August, 2008 (Jeff & O Brien)
- Personal Mastery: August, 2008 (Visible Impact)
- Retail Banking: September, 2008 (Euromoney Training, UK)
- Negotiation Skills for Loan Recovery Managers: Feb. 2009 (Capstone Trainers)
- Credit Admin. and Debt Recovery: (S/Leone) April, 2009 (CIBN / WABC)
B. Academic Courses Attended
- E-Facilitation, Learning Management in Economics. September, 2014 (Unilag DLI)
- Basic Econometrics Training. August, 2015 (Integrated Brainwork Consulting Ltd)
- Computable General Equilibrium General Equilibrium (CGE) Training August, 2017 (CEAR, U I, Ibadan)
- Economic Integration and Financial Deepening in Africa, March, 2019, AfDB – WAIFEM