Academic Journal Publications

1. Alenoghena, R., & Aghughu, A. A. (2022). Oil Prices and Economic Activity in Nigeria: An Asymmetric Cointegration and Threshold Analysis, Acta Universitatis Danubius Œconomica, Vol. 18(1).

2. 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, Vol. 8(4), pages 43-63. DOI:

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, Vol. 17(4). Pages 299-316. DOI:

4. Alenoghena, R. O. (2019). Fiscal Policy Determinants of Money Demand in Nigeria: ARDL Bound Testing Approach, Ovidius University Annals, Economic Sciences Series Vol. (2), pages 13-22.

5. Adeoye, B. W. & Alenoghena, R. O. (2019). Internet Usage, Financial Inclusion and Economic Growth in Nigeria, Ovidius University Annals, Economic Sciences Series, Vol. 19(2), pages 2-12

6. Nwaogwugwu, I. C. & Alenoghena, R. O.  (2018). Government Size and Economic Growth in Nigeria, Actual Problems of Economics, No. 11 (209).

7. 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, Vol. 20(2).

8. 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, Vol. 2 (1). Pages 113-139.

9. Olaniyi, E. & Alenoghena, R. O. (2017). Financial Inclusion and GDP Per Capita in Africa: A Bayesian VAR Model, Journal of Economics and Sustainable Development, Vol.8, No.18, pages 44-57.

10. 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.’s_economic_performance.

11. 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, Vol. 5(2) pages 74-89.

12. 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, Vol. 5(1), pages 35-50.

13. 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.

14. Alenoghena, R. O and Olaniyi, Evans (2015). Corruption Effects on Nigeria: Aggregate and Sectoral Estimates Using VAR, Journal of Economic and Financial Studies, Vol. 3(3), pages 41-48. DOI:

15. 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, Vol. 3(4), pages 142-151.

16. Alenoghena, R. O. (2014). Capital Market, Financial Deepening and Nigeria’s Economic Growth: Empirical Evidence, Journal of Economic & Financial Studies, Vol. 4(4), pages 43-52,  DOI:

17. 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, Vol. 2(1), pages 1-13, DOI:

18. Alenoghena, R. O. & Odior, S. E. (2013). A Weighted Least Squares Analysis of Globalisation and Nigerian Stock Market. Journal of Economic and Financial Studies, Vol. 1(1), pages 61-73, DOI: