Amaghionyeodiwe, Lloyd

Associate Professor

Business and Economics

Phone: 718-262-2517
Office Location: AC-2B06J
Email: lamaghionyeodiwe@york.cuny.edu

Dr. Lloyd Amaghionyeodiwe is a Certified Fraud Examiner (CFE), and a Certified Internal Controls Auditor (CICA) who has several years of experience as a lecturer/professor, researcher, analyst, economist, and consultant. He also has a Certification in Personal Finance (CPF). He has served as a reviewer for many journals and has a good research record with many publications to his credit. His current research interests include Business, Finance, Small Business Management, Information Systems Assurance, and Economics with more focus on Public Sector & Health Economics.

Curriculum Vitae

Office Hours

Day	Time

Education

Degree	Institution	Field	Dates
PhD	University of Ibadan, Nigeria	Economics: Public Sector and Health Economics	2005
MS	University of Maryland University College	Information Systems Assurance	2016
MS	University of Ibadan, Nigeria	Economics	2000
BS	University of Ibadan, Nigeria	Economics	1992

Areas of Expertise

Economics and Finance
Public Sector Economics
Health Economics
Small Business Management
Information Systems Assurance
Microeconomics/Macroeconomics

Publications in Field Of Expertise

Articles

Ekone, F. A., and L. A. Amaghionyeodiwe. "Does Corruption Cause Economic Growth in Nigeria?." Journal of Management, Economics, and Industrial Organization. 4 - 2 2020: 89 - 108.

Osinubi, Tokunbo S. and Lloyd Amaghionyeodiwe and Okoye, Chikaodili C. "Assessing the Optimal Capital Structure: A Case Study of Afren Public Limited Company - A Small Exploration and Production Oil and Gas Company." Journal of Management, Economics, and Industrial Organization. 3 - 1 2019: 25 - 50.

Amaghionyeodiwe, Lloyd. "Poverty, User Charges and Health Care Demand in Nigeria." International Journal of Business and Economic Development. 6 - 2 2018: 37 - 50.

Osinubi, Tokunbo S., Lloyd Amaghionyeodiwe and Mondiu T. Jaiyesimi. "An Investigation into the Relationship Between Energy Consumption and GDP In the OECD Countries." International Journal of Economics, Commerce and Management. 5 - 8 2017: .

Jaiyesimi, Mondiu T. , Tokunbo S. Osinubi, Lloyd Amaghionyeodiwe. "Energy Consumption and GDP in the OECD Countries: A Causality Analysis." Review of Economics and Business Studies (REBS). 10 - 1 2017: 55 - 74.

Oladipo, O., Murphy, A., Annansingh-Jamieson, F., & Amaghionyeodiwe, L.. "Information and Communication Technology (ICT), and Economic Growth in Nigeria: A Time Series Analysis." International Journal of Technology, Policy and Management. International Jornal of Technology, Policy and Management. 16 - 2 2016: 149 – 162.

Amaghionyeodiwe, Lloyd and Akinyemi, Opeyemi. "Twin Deficit in Nigeria: A Re-Examination." Journal of Economic and Social Studies. 5 - 2 2015: 149 - 179.

Maku, Olukayode, Lloyd Amaghionyeodiwe, Bolaji Adesoye, and Olorunfemi Alimi,. "Components of Government Spending, Social Welfare and Economic Performance in Nigeria." International Journal of Physical and Social Sciences (IJPSS). 5 - 3 2015: 417 - 434.

Akinyemi, Opeyemi, Philip O. Alege, Oluseyi. O. Ajayi, Lloyd Amaghionyeodiwe, Adeyemi Ogundipe. "Fuel Subsidy Reform and Environmental Quality in Nigeria." International Journal of Energy Economics and Policy. 05 2015: 540 - 549.

Amaghionyeodiwe, Lloyd., A. Ogundipe and P. Ojeaga. "Transnational Trade in ECOWAS: Does Export Content Matter?." International Journal of Business and Social Science. 05 2014: 71 - 82.

Amaghionyeodiwe, A. Lloyd. "Millennium Development Goals, Government Health Spending, Infant and Maternal Mortality Rates in Nigeria." International Journal of Management, IT and Engineering. 3 - 9 2013: 303 - 322.

Amaghionyeodiwe, Lloyd A.. "Health, Poverty and Economic Growth: A Survey of Methodological and Empirical Issues and Implications for the Nigerian Economy." Nigerian Journal of Economic and Social Studies (NJESS). 55 2013: 245 - 291.

Amaghionyeodiwe, A. Lloyd and Risikat Oladoyin S. Dauda. "Economic Transformation in Nigeria: Any role for Migrant Remittances?." Nigerian Journal of Economics and Social Studies (NJESS). 54 2012: .

Amaghionyeodiwe, Lloyd A.. "Tourism as a Long – Run Economic Growth Factor in Jamaica." Tourism Economics. 18 2012: 1125 - 1133.

Amaghionyeodiwe, A. Lloyd and Tokunbo S. Osinubi. "The Development Impact of Higher Education in Nigeria." Ontario International Development Agency (OIDA) International Journal of Sustainable Development. 04 2012: 85 – 120.

Melecia Leonie Thomas and Lloyd Ahamefule Amaghionyeodiwe. "Does Population Growth Granger Cause Economic Growth in Jamaica?." Pakistan Journal of Social Sciences. 8 2011: 255 - 261.

Amaghionyeodiwe Lloyd Ahamefule, Olanrewaju A. Adediran and Afolake O. Adediran. "An Assessment of Indigenous Ethnicity and Entrepreneurial Attitude in Nigeria." “Ovidius” University Annals, Economic Sciences Series. 11 2011: 12 – 17.

Osinubi, Tokunbo S. and Lloyd A. Amaghionyeodiwe. "Foreign Direct Investment and Economic Growth in Nigeria." Review of Economic and Business Studies. 1 2010: 105 - 127.

Amaghionyeodiwe, A. Lloyd. "Public Sector Intervention, Economic Growth and Poverty Alleviation in Nigeria." ICFAI University Journal of Public Finance. 07 2009: 45 - 68.

Amaghionyeodiwe, A. Lloyd, Olajide K. Gidado and Bolaji A. Adesoye. "Does Public Sector Health Spending Lead to a Healthier Population in Nigeria?." ICFAI University Journal of Managerial Economics. 07 2009: 32 – 49.

Osinubi, Tokunbo S. and Lloyd A. Amaghionyeodiwe. "Foreign Direct Investment and Exchange Rate Volatility in Nigeria." International Journal of Applied Econometrics and Quantitative Studies. 6 - 2 2009: 83 - 116.

Amaghionyeodiwe, A. Lloyd. "Government Health Care Spending and the Poor: Evidence from Nigeria." International Journal of Social Economics. 36 2009: 220 - 236.

Amaghionyeodiwe, L. A.. "Determinants of the Choice of Health Care Provider in Nigeria." Health Care Management Science. 11 2008: 215 - 227.

Posu, S. M. A, Soile, O. I., Sangosanya, A. O. B. and Amaghionyeodiwe, A. L.. "Foreign Direct Investment and Nigeria’s Economic Growth: A Sectoral Analysis." The Philippines Review of Economics. 44 2007: 173 - 196.

Busari, T. Oladipo and Lloyd A. Amaghionyeodiwe. "Private Investment and Political Instability: Evidence from Nigeria." ”. International Journal of Applied Econometrics and Quantitative Studies. 4 - 2 2007: 45 - 68.

Osinubi, Tokunbo S. and Lloyd A. Amaghionyeodiwe. "Do Higher Levels of Schooling Lead to Higher Returns to Education in Nigeria?." Applied Econometrics and International Development. 7 2007: 159 - 166.

Amaghionyeodiwe, L.A., and Osinubi, T.S.. "The Nigerian Educational Systems and Returns to Education." International Journal of Applied Econometrics and Quantitative Studies. 3 - 2 2006: 31 - 40.

Osinubi, Tokunbo S. and Lloyd A. Amaghionyeodiwe. "Women in Development: The Case of Bodija Market Women in Ibadan, South Western Nigeria." Journal of Development Alternatives and Area Studies, (Formerly Scandinavian Journal of Development Alternatives and Area Studies). 24 2005: 72 - 102.

Amaghionyeodiwe, A. Lloyd and Tokunbo S. Osinubi. "Determinants of The Choice of The Exchange Rate Regimes in Nigeria." Pakistan Economic and Social Review. 43 2005: 71 - 92.

Amaghionyeodiwe, A. Lloyd and Tokunbo S. Osinubi. "What Determines the Choice of the Exchange Rate Regimes in Nigeria?." International Journal of Applied Economics (IJAE). 04 2005: 60 - 78.

Osinubi, Tokunbo S. and Lloyd A. Amaghionyeodiwe. "Myths Regarding Contraception in Southwest Nigeria." International Journal of STD and AIDS. 16 2005: 84 - 86.

Amaghionyeodiwe, A. Lloyd and Tokunbo S. Osinubi. "Poverty Reduction Policies and Pro-poor Growth in Nigeria." Brazilian Electronic Journal of Economics (BEJE). 06 2004: .

Amaghionyeodiwe, A. Lloyd and Elias A. Udeaja. "The Petroleum Sector and the Nigerian Economy." Nigerian Journal of Economics and Development Matter (NJEDEM). 01 2003: 61 - 91.

Amaghionyeodiwe, A. Lloyd and Tokunbo S. Osinubi. "Stock Market Development and Long run Growth in Nigeria." Journal of African Business. 04 2003: 130 - 129.

Osinubi, Tokunbo S. and Lloyd A. Amaghionyeodiwe. "Perception Change about HIV/AIDS victims is Crucial." Health Action Journal. 16 2003: 32 - 33.

Amaghionyeodiwe, A. Lloyd, Tokunbo S. Osinubi, and Abiodun O. Folawewo. "Lags in Monetary Transmission Mechanism and Policy Effectiveness in Nigeria." First Bank of Nigeria PLC Quarterly Review,. 02 2002: 24 - 44.

Chapters

Amaghionyeodiwe, Lloyd. "Determinants of the Willingness to Pay for Public Sector Health Care Services: An Empirical Study of Rural and Urban Communities in Nigeria." The Palgrave Handbook of Agricultural and Rural Transformation in Africa. 2020: 219 - 245.

Amaghionyeodiwe, A. Lloyd. "User Charges, Health Care Choice and Willingness to Pay for Public Sector Health Care Services in Nigeria." Applied Econometrics and Macroeconometric Modeling in Nigeria. 2009: 425 – 452.

Sheriffdeen Tella, Lloyd Amaghionyeodiwe and Bolaji A. Adesoye. "Telecommunications Infrastructure and Economic Growth: Evidence from Nigeria." In Diery Seck and Sylvain H. Boko (Ed.), Back on Track: Sector-Led Growth in Africa and Implications for Development. 2009: 239 – 261.

Refereed Proceedings

Amaghionyeodiwe, Lloyd. "Government Fiscal Deficit and Economic Performance in Mexico." Proceedings of the 45th Annual conference of the Northeast Business & Economics Association (NBEA). 2019: 6 - 11.

Amaghionyeodiwe, Lloyd. "Poverty, User Charges and Health Care Demand in Nigeria." The Business and Management Review, Volume 9, Number 3. April. Proceedings of the 7th International Conference on Business and Economic Development (ICBED). Co-hosted by the Academy of Business and Retail Management (ABRM), UK; Medgar Evers College of the City University of New York, New York, USA and Journal of Business and Retail Management Research. Held at the Crowne Plaza JFK Airport, 138-10 135th Avenue Jamaica, New York -USA, from April 09 -10th, 2018.. 2018: .

Amaghionyeodiwe, Lloyd. "Risk Management Framework (RMF) and the Implementation Challenges." Proceedings of the 44th Annual conference of the Northeast Business & Economics Association (NBEA) held in at the Danfords Hotel & Marina in Port Jefferson, New York from October 26-28, 2017. 2017: .

Amaghionyeodiwe, Lloyd and Fenio Annansingh-Jamieson. "Internet Use and Economic Growth in the Caribbean." Proceedings of the 44th Annual conference of the Northeast Business & Economics Association (NBEA) held in at the Danfords Hotel & Marina in Port Jefferson, New York from October 26-28, 2017. 2017: .

Amaghionyeodiwe, Lloyd. "Migration, Remittances and Poverty: The Case of Mexico." Abstract proceedings of the International Conference on “Business, Economics, Social Sciences & Humanities” -BESSH 2016 held at the Flora Grand Hotel, Dubai, United Arab Emirates from November 04-05. 2016: .

Amaghionyeodiwe, Lloyd. "Factors Influencing Security Investments in USA’s Small and Medium Scaled Enterprises." Proceedings of the 43rd Annual conference of the Northeast Business and Economics Association (NBEA) held in at the Historic Thayer Hotel in West Point, New York, USA from November 10-12.. 2016: .

Amaghionyeodiwe, Lloyd. "Out-of-Pocket Expenses and the Pattern of Health Care Demand in Nigeria." Paper presented at the Institute for Public Policy and Economic Analysis (IPPEAN) 2015 Annual Conference. 2015: .

Amaghionyeodiwe, Lloyd. "International Migration, Remittances and Poverty Reduction in Nigeria." Paper presented at the 42nd Annual conference of the Northeast Business and economics Association (NBEA). 2015: .

Annansingh, F., Amaghionyeodiwe, L., Forrester, W and, Oladipo, O. "Revenue Implications of Cybercrime in Selected Companies in the USA." Paper presented at 42nd Annual conference of the Northeast Business and economics Association (NBEA). 2015: .

Amaghionyeodiwe, A. Lloyd and Tokunbo S. Osinubi. "The Development Impact of Higher Education in Nigeria." A Technical Report on the Development Impact of Higher Education in selected African Countries, undertaken by the United Nations African Institute for Economic Development and Planning. 2006: .

Aregbeyen, O. O., Lloyd A. Amaghionyeodiwe and Bolaji A. Adesoye. "An Econometric Investigation of the Link between Public Expenditure and Economic Growth in African Countries." Final Report Presented at the bi annual workshop of the African Economic Research Consortium (AERC). 2004: .

Amaghionyeodiwe, A. Lloyd and Francis A. Ekone. "Apprenticeship Training and Small Business Development as a Catalyst to Industrialization in Nigeria." Selected Papers for the 2004 Annual Conference of the Nigerian Economic Society (NES). 2004: 425-462.

Amaghionyeodiwe, A. Lloyd. "Fiscal Federalism, Health Care Spending and National Development: The Nigerian Experience." Proceedings of the1999 Annual Conference of the Nigerian Economic Society (NES).. 1999: 379-403.

Amaghionyeodiwe, A. Lloyd and Abiodun. O. Folawewo. "Government Investment Policy on Transport and Economic Growth: The Nigerian Experience." Proceedings of the 1998 Annual Conference of the Nigerian Economic Society (NES).. 1998: 243-255.

Non Refereed Proceedings

Amaghionyeodiwe, I. J, A. B. Adesoye and L. A. Amaghionyeodiwe. "Government Policies on Small and Medium Enterprises Finance and the Performance of SMEs in Nigeria." Proceedings of the 3rd African Finance Journal Conference. 2006: .

Adesoye, A. B., K. Obasan and L. A. Amaghionyeodiwe. "An Optimal Development Financing Strategies for LDCs: A Case of Nigeria." Proceedings of the 3rd African Finance Journal Conference. 2006: .

Amaghionyeodiwe, A, L., A. B. Adesoye and O. K. Gidado. "Fraud in Banks: The Nigerian Experience." Proceedings of the 3rd African Finance Journal Conference. 2006: .

Other

Professional Honors, Prizes, Fellowships

Dean’s Award for Student Research Engagement, York College, CUNY, New York: Spring 2019.

Dean’s Award for Student Research Engagement, York College, CUNY, New York: Spring 2018.

Visiting Fellow, International Monetary Fund (IMF), Washington, D.C.: Feb. 28 – April 8, 2005.

Grants-In-Aid

The City University of New York, PSC-CUNY Research Award # 62167-00 50. Research Title: Public Expenditure, Oil Revenue and Economic Growth Nexus in Trinidad & Tobago.. 07/2019 to 06/2020: .

The City University of New York, PSC-CUNY Research Award #68252-00 46. Research Title: Migration, Remittances and Poverty: The Case of Mexico.. 07/2015 to 06/2016: .

University of the West Indies, Kingston, Jamaica, New Initiative Grant Funding. 07/2007 to 06/2008: .

The African Economic Research Consortium (AERC), PH.D Thesis Writing Grant. 12/2001 to 03/2005: .

Other Professional Activities and Public Service

Member, Institute for Internal Controls (IIC): 2018 to date.

Member, Association of Certified Fraud Examiners (ACFE): 2012 to date.

Member, American Economic Association (AEA): 2004 to date.

Member, African Finance and Economics Association (AFEA): 2009 to date.

Life member, Nigeria Economic Society (NES).: 2004 to date.