Adedoyin Isola Lawal
@lmu.edu.ng
Accounting and Finance
Landmark University
Lawal Adedoyin Isola lectures at the Dept. of Accounting and Finance, Landmark University, Nigeria. He holds a Bachelor Degree in Economics from the University of Ilorin, Ilorin, a Masters in Banking and Finance from Bayero University, Kano, and a PhD in Banking and Finance from Covenant University, Ota. He has published extensively in reputable journals including Energy (Elsevier); Bioresource Technology (Elsevier); Resources Policy (Elsevier) Energy Report (Elsevier); National Institute Economic Review (Cambridge Press); Journal of International Studies; Journal of Money Laundering Control (Emerald Publisher). Lawal reviews for a number of Journals like African Development Review (Wiley); The Quarterly Review of Economics and Finance (Elsevier); International Journal of Emerging Markets (Emerald Insight); Cogent Social Sciences (Taylor and Francis). He is on the Editorial Board of the Binus Business Review (Binus University, Indonesia) and serves as the Editor – in Chief of the Human and Social Science Letters.
EDUCATION
PhD Banking and Finance, Covenant University, Ota, Nigeria
Masters in Banking and Finance, Bayero University, Kano
BSc, Economics, University of Ilorin, Nigeria
RESEARCH INTERESTS
Economics, Econometrics, Econophysics, Energy, Finance and Public Affairs
Scopus Publications
Scopus Publications
Adedoyin Isola Lawal, Ilhan Ozturk, Ifedolapo O. Olanipekun, and Abiola John Asaleye
Elsevier BV
Abstract As global energy consumption continues to increase, an increasing attention is also being drawn to the need to embrace cleaner energy despite ensuring energy security and efficiency in production. This study examines the relationship between economic growth and electricity consumption in sub-Sahara African economies between 1971 and 2017. It employs the System Generalized Methods-of-Moments (System GMM) techniques so as to address the issues of endogeneity in the data generating process. We also examine whether the impact of electricity consumption differs by the level of energy intensity, by employing an advanced dynamic panel threshold regression model to ascertain the degree of threshold level of energy intensity and the potential of threshold asymmetric of energy consumption on economic growth. Our results show significant positive relationship between electricity consumption and growth, including a threshold level of energy intensity which stood at 0.48%. This suggests that energy consumption beyond 0.48% will reduce growth, while consumption below this level will stimulate growth.
Oladipupo S. Oladejo, Samuel O. Dahunsi, Adekemi T. Adesulu-Dahunsi, Samuel O. Ojo, Adedoyin I. Lawal, Eunice O. Idowu, Adewoye A. Olanipekun, Rotimi A. Ibikunle, Christian O. Osueke, Olusegun E. Ajayi,et al.
Elsevier BV
The study investigated bioenergy generation from anaerobic co-digestion of food wastes (FW), cow dung (CD) and piggery dung (PD). The physicochemical parameters of the substrates were determined before and after digestion following standard procedures after mechanical pretreatment. Throughout the study, pH remained slightly alkaline while temperature varied between 26 and 32 °C. The highest cumulative biogas yield of 0.0488 L was recorded from the digestion of FW + CD + PD on the ninth day. After analyses, the highest methane content of 64.6 was obtained from the digestion of FW + PD while the lowest (54.0%) was from the digestion of FW only. Overall, cumulative biogas production for the four digestion regimes followed the order: FW + CD + PD, FW + PD, FW + CD and FW only respectively. Accumulation of VFAs was recorded at a slow rate during the digestions.
Abiola Ayopo Babajide, Funso Abiodun Okunlola, Emeka Nwuba, and Adedoyin Isola Lawal
Elsevier BV
Succinct exploration of Adolph Wagner's Proposition [WP] 1883 – Peacock and Wiseman 1961version was put to the validation test in the study. At least, this time, for a quinaquina octo annis period, representing the life span of Nigeria. Specific suspicion of shocks from data from the world indicator and monetary authority necessitated the adoption of the ADF test with structural breaks, which came out positive at alternating integrating order. This propelled the Autoregressive Distributed Lag ARDL model path having specified the lag selection automatically. Even though the series showed significant association in the short run, and bi-directional causality, the result of the Bound test – F-statistics (calculated) = 3.42 falls below upper Bound I(0) = 4.68 and lower bound I(1) = 5.15 hence, invalidates the WP position in the long – run in Nigeria. This is an indication that a reduction in non-economically viable and overlapping, funds-straining ministries/departments/agencies (MDA) is indispensable.
Iyabo Adeola Olanrele, Adedoyin Isola Lawal, Samuel Olatunde Dahunsi, Abiola Ayopo Babajide, and Joseph Ojo Iseolorunkanmi
Entrepreneurship and Sustainability Center
This study examines the impact of access to electricity on health and education measured by increased number of hours to study and reduced indoor air pollution of rural communities in Nigeria. Primary data from twelve (12) rural communities that have benefited from rural electrification since 1997 in Oyo State, southwest, Nigeria was collected. Key empirical findings revealed that children study hour reduces with household access to grid electricity, it decreases by 8 percent. Expenditure on electricity significantly decreases children study hour by 12 percent. Electrification decreases the rate at which indoor air pollution reduces by 1.1 percent. Household electricity expenditure increases with reduction in indoor air pollution, it decreases the rate of air pollution by 1.6 percent. Better illumination due from access to modern electricity reduces indoor pollution by 1.2 percent. To enhance the electrification benefits, the adoption of the mini-grid option is inevitable, which requires government commitment for sustainability. The off-grid solution, which is usually renewable solution, with strong supporting legislation is equally required for rural electrification strategy. The efficiency of the existing electricity system entails the implementation of the gas master plan, which is crucial in paving way for increasing supply reliability, coverage, and then higher social benefits.
Joseph U. Madugba, E. Ben-Caleb, Adedoyin I. Lawal, and Uche T. Agburuga
Richtmann Publishing
In this paper has been investigated tax savings behaviour of firms in Nigeria with the objective of finding out how it affects firm size. The ex-post facto research design was employed, and secondary data obtained from the annual reports of firms listed on the Nigeria Stock Exchange was used. Descriptive statistics and panel data regression tests were conducted. The data were further subjected to unit root test to establish the stationarity of the data. The result revealed that interest tax savings behaviour and depreciation savings behaviour have negative but significant relationship with firm size while effective tax rate has negative and insignificant relationship with firm size. The study concluded that the lower the firm size the higher the tax savings behaviour and vice versa of quoted companies in Nigeria. The paper recommended that tax regulatory authorities should focus their searchlight on tax aggressiveness of small sized companies as a strategy to reduce tax evasion while encouraging appropriate tax savings strategies to ensure tax compliance.
Abiola John Asaleye, Philip O. Alege, Adedoyin Isola Lawal, Olabisi Popoola, and Adeyemi A. Ogundipe
Emerald
PurposeOne of the challenging factors in achieving sustainable growth is the inability of the Nigerian government to diversify the country's revenue base. This study aims to investigate the relationship between cash crop financing and agricultural performance in Nigeria.Design/methodologyFour crops were considered, namely, cotton, cocoa, groundnut and palm oil. The impact of cash crop finance shock on agricultural performance was investigated using the vector error correction model (VECM), while the long-run relationship was examined through the identification of long-run restrictions on the VECM.FindingsThe variance decomposition showed that financing shock is more sensitive to cause variation in aggregate employment than aggregate agricultural output in palm oil, while for cocoa, cotton and groundnut showed otherwise. The long-run structural equations exert a positive relationship between cash crop financing and agricultural performance, except for oil palm and cocoa financing that has a negative connection with agrarian employment.Research limitations/implicationsThe study is limited to the unavailability of data for agriculture sector capital utilisation, which was not used.Practical implicationsThese results show that long-run benefit can be maximised by appropriate funding in cotton and groundnut production to promote sustainable growth.Originality/valueThe study examines the impact of cash crop financing on agricultural performance with the aim to promote sustainable growth in Nigeria using identified VECM.
Abiola Ayopo Babajide, Adedoyin Isola Lawal, Lanre Olaolu Amodu, Abiola John Asaleye, Olabanji Olukayode Ewetan, Felicia Omowunmi Olokoyo, and Oluwatoyin Augustina Matthew
Emerald
Purpose The unhealthy drive for deposit in the banking sector has pushed many banks into unethical practices, thereby resulting in high-level corruption cases in the banking sector. The purpose of this study is to investigate the short- and long-run linkages between bank net interest income and deposit liabilities interacted with corruption, to establish the influence of corruption in deposit mobilisation drive of banks in Nigeria. Also, the study analysed the causal relationship between selected bank variables and fraud. Design/methodology/approach The study used quarterly data on selected variables from 1Q 1993 to 4Q 2017 sourced from Nigerian Deposit Insurance Corporation (NDIC) annual reports and Central Bank of Nigeria (CBN) Statistical Bulletin of various issues. Deposit Money Bank various deposit liabilities are interacted with a corruption index and used as the independent variables, while bank earnings serve as the dependent variable. Error Correction Model (ECM) and Engel Granger approach to co-integration technique were used to analyse the data. Findings The findings reveal that various bank deposit liabilities interacted with corruption index has a negative effect on bank profitability in the long run, though only corrupt fixed deposit is statistically significant at the 5 per cent significance level. Bank total asset, total loan and advances and fraud have a significant effect on bank profitability at 1 and 10 per cent significance level. The findings also reveal that banks profit from corrupt fixed deposit and demand deposit in the short run. Social implications Text Originality/value The literature is awash with bank lending corruption and various institutional factors such as competition among banks, credit bureau and information sharing about borrowers, bank supervisory policies, loan loss provisioning, bank ownership structure and regulatory environment and anti-corruption measures. The aspect of deposit mobilisation and corruption has not been well researched in literature; this study, therefore, fills the gap in the literature by examining the extent deposit money banks contributed to corruption in Nigeria through their cutthroat deposit mobilisation drive.
Jinkai Li, Oluwasola E. Omoju, Jin Zhang, Emily E. Ikhide, Gang Lu, Adedoyin I. Lawal, and Vivian A. Ozue
Cambridge University Press (CUP)
This study uses an econometric approach to investigate the role of IPR protection on renewable energy adoption using panel data of 102 countries at five-year intervals over the period 1990–2005. The Ginarte-Park index is used as a measure of the strength of intellectual property protection while the adoption of renewable energy is measured by the share of renewable energy in total final energy use. The results reveal that the level of intellectual property rights protection and reform of the intellectual property rights regime do not have significant impact on renewable energy adoption, suggesting that IPR protection is not a cause for concern in the global quest for clean energy transition. On the contrary, we find that trade openness has a stronger influence in the transition to clean energy. Based on the findings of the study, we conclude that IPR protection does not influence renewable energy adoption except in high R&D countries; rather policy makers should concentrate efforts on economic factors, such as trade openness, that drive the adoption of renewable energy technologies.
Afees A. Salisu, Xuan Vinh Vo, and Adedoyin Lawal
Elsevier BV
This paper assesses the role of gold as a safe haven or hedge against crude oil price risks. We employ the asymmetric VARMA-GARCH model, using daily data from January 2016 to August 2020. To account for the impact of COVID-19 pandemic, we partitioned the data into two to reflect the periods before and during the pandemic. Our empirical results find gold as a significant safe haven against oil price risks. The optimal portfolio and hedging analyses conducted also validate the hedging effectiveness of gold against risk associated with oil. The robustness of our results is further confirmed using three other prominent precious metals - silver, platinum, and palladium. In sum, our results are useful for investors and portfolio managers that are desirous of using gold and other precious metals as portfolio rebalancing tools to minimize or circumvent risks associated with volatile oil returns.
Oluwatoyese Oluwapemi Oyetade, Abiola Asaleye, Olabisi Popoola, and Adedoyin Lawal
EconJournals
There has been many significant research efforts that have been devoted to understand the effects of macroeconomic factors on the agriculture in Nigeria. Thus, macroeconomic factors such as exchange rate and crude oil price over the period 1981-2016 examined the effects on agricultural export in Nigeria. This paper employed the autoregressive distributed lag bound test analysis since all the macroeconomic series used in the study are of mixed integrated order of stationarity. A Granger causality was also carried out in order to examine whether there is any predictive power of crude oil price for agricultural export. The findings showed that there exists a significant relationship between the agricultural export which is the dependent variable and the exchange rate but not in the case of the crude oil price. It also revealed that the variables do cause each other in some directions. In conclusion, there is long run relationship between exchange rates and agricultural export in Nigeria.
Damilola Felix Eluyela, Abiola John Asaleye, Olabisi Popoola, Adedoyin Isola Lawal, and Henry Inegbedion
Informa UK Limited
There has been a consistent argument in the literature as regards the importance of grey directors on board, and their impact on firm performance with most studies focused on developed economies. H...
Abiola Babajide, Adedoyin Lawal, Abiola Asaleye, Tochukwu Okafor, and Godswill Osuma
Informa UK Limited
This study examined the relationship between financial stability and entrepreneurship development in Sub-Sahara Africa, thereby scaling up the achievement of SDGs 1, 5, 8, 9, 10 and 12. The study m...
Henry Inegbedion, Eze Sunday, Abiola Asaleye, Adedoyin Lawal, and Ayeni Adebanji
SAGE Publications
The article examined “managing diversity for organizational efficiency.” It sought to find out the extent to which diversity management influences organizational efficiency through the management of conflict, cultural diversity, and employees’ perception of marginalization as well as teamwork and employee work attitude. The survey design was employed. A sample of 178 respondents from nine multinational companies in south-south Nigeria was employed. Research data were analyzed using structural equation modeling, with diversity management and organizational efficiency serving as latent variables. The results show that the management of cultural diversity, employees’ perception of marginalization, and conflict significantly influences diversity management. Furthermore, diversity management and teamwork significantly influence organizational efficiency. The need for managers of diverse workforces to give priority to diversity management, to ensure its effective implementation, was suggested, among others.
Abiola Ayopo Babajide, Adedoyin Isola Lawal, Lanre Olaolu Amodu, Olabanji Olukayode Ewetan, Susannash Limunga Esowe, and Tochukwu Chibuzor Okafor
Informa UK Limited
ABSTRACT This paper examines financial inclusion penetration in two southwestern states (Lagos and Ekiti) in Nigeria. Lagos has a high concentration of financial Institutions, while Ekiti has few financial institutions. This paper uses survey research design and logit regression analysis to show evidence of a significant difference in financial inclusion penetration in the two states and its impact on the business performance and well-being of the citizens of the states. The study reveals that penetration is higher in Lagos at 81% and lower in Ekiti at 60%. Irregular income/job loss, unknown/hidden charges, long queues in the bank, and high maintenance fees constitute a top threat to 80% financial inclusion achieved in the Southwest zone. The study, therefore, recommends intervention policy that considers state-level characteristics. Also, government policy on employment generation should target low-income earners who are worse-off during an economic downturn.
Tony Ikechukwu Nwanji, Kerry E. Howell, Sainey Faye, Adegbola Olubukola Otekunrin, Damilola Felix Eluyela, Adedoyin Isola Lawal, and Sunday Chinedu Eze
Sciedu Press
In this study, we examine the impact of foreign direct investment (FDI) on the financial performance of Nigerian listed deposit banks. We collected secondary data from the annual reports and accounts of 14 banks between 2010 and 2017. We employed the Tobin Q quantitative method for the analysis. We adopted the theoretical framework of pecking order theory since the analysis of the impact of FDI on the financial performance of these banks are both inward and outward FDI. The Tobin Q method was used as the dependent variable and FDI as an independent variable. Board size, firm size, equity capital and reinvested earnings were all financial performance indicators employed to test the impact of FDI on the financial performance of the banks on understudy in Nigeria. The result of the data analysis and findings showed that FDI had contributed positively to the development and performance of the deposit banks over the period under consideration. Our theoretical findings suggest a positive relationship between FDI and profit maximization. This support the FDI theory that banks or organisations are financed partly with debt-equity, both used by the banks to balance the cost and benefit financing decisions by the management. In the case of the empirical findings, the results of hypothesis testing show a significant effect on the banks’ financial performances. Given these results, we conclude that FDI has made a positive impact on the development and financial performances of the listed deposit banks under study which resulted in some of the banks’ growth from local banks in Nigeria into some of the leading international banks in Africa.
Iyabo Adeola Olanrele, Adedoyin I. Lawal, Ezekiel Osen, Ahmed Oluwatobi Adekunle, Bukola, B. Lawal-Adedoyin, Crystal O. Elleke, Racheal Ojeka-John, and Henry Nweke-Love
EconJournals
The recent volatility of the conventional energy output owning to fluctuations in the supply chain in the fossil fuel cum with its finite supply nature has necessitate the integration of biofuel into the global energy needs. Biofuel as a type of renewable energy has the ability to reduce global warming resulting from greenhouse gas (GHG) emissions, thus offers a relatively healthy energy option for both the consumers and producers in global space. This notwithstanding has some implications on agriculture and food security. This paper examined the impact of biofuels development on agriculture, energy infrastructure and domestic wellbeing in Nigeria. The study identified a potential rivalrous relationship in terms of space and cultivation mechanism when sustainability is in view. We reviewed existing policies and sustainability practices in other economies and concludes that Nigeria needs a deliberate effort aimed at developing institutional structures that will facilitate building and expansion of the biofuels sub-sector at the same time enhance rural livelihood. Keywords : Biofuel, agriculture, energy, wellbeing, Nigeria JEL Classifications: E22; G13; G22 DOI: https://doi.org/10.32479/ijeep.10169
Adedoyin Isola Lawal, Samuel Olatunde Dahunsi, Abiola Ayopo Babajide, Abiola John Asaleye, Joseph Ojo Iseolorunkanmi, Henry Inegbedion, Charles O. Manasseh, Bukola, and B. Lawal-Adedoyin
EconJournals
The study examined the effect oil price long memory and exchange rate long memory on Nigeria's stock. We have used ARMA estimating techniques to assess whether one or both variables exert impact on the stock market in Nigeria. Our result shows that long memory stock price is driven by a long memory of the exchange rate and long stock of the oil price. We therefore recommend that policymakers pursue policies aimed at stabilizing, on the one hand, the exchange rate regime and ensuring the economy has a position in net oil exportations. We also recommend the development of portfolio strategies by market practitioners so that long-term memory in exchange rates as well as in oil pricing are considered when making investment decisions.
S.O. Dahunsi, A.T. Adesulu-Dahunsi, C.O. Osueke, A.I. Lawal, T.M.A. Olayanju, J.O. Ojediran, and J.O. Izebere
Elsevier BV
In this study, biogas was produced from the anaerobic digestion of Sorghum bicolor stalk. Pretreatment
of the biomass was carried out prior to the digestion using sulfuric acid ( H2SO4) and hydrogen
peroxide (H2O2). The physicochemical, elemental and structural analyses were carried out on the
biomass before and after pretreatment. The microbial composition of the fermenting materials were
also determined using standard method while the Fourier Transform Infra-red (FTIR) spectroscopy
were used to quantify the structural changes that took place after pretreatments. Results showed
enormous reduction of hemicellulose and partial solubilization of cellulose with the application of
H2SO4 for pretreatment with obvious breakdown of all important bonds in the biomass. The most
suitable condition for the most efficient acidic pretreatment of the Sorghum bicolor stalk was using
H2SO4 concentration of 0.75% (v.v−1), autoclave temperature of 118 ◦ C and biomass dry mass of 3.7
g for 52 min. However, the use of H2O2 caused huge solubilization of lignin while partial dissolution
of hemicellulose took place. The most suitable condition that gave the best result in this pretreatment
procedure was H2O2 concentration of 6.8% (v.v −1), shaker temperature of 28 ◦ C, agitation at 126
rpm and 3 g of biomass for 85 min. Overall, the use of the H2O2 showed reduction of lignin and
hemicellulose by 73 and 42% respectively while also increasing the concentration of cellulose by
23%. The acid and alkaline pretreated biomass produced a total of 312.3 and 607.1 LNbiogas.kg VSad
−1respectively. In comparison, the biomass pretreated with H2O2 produced 65% more LNbiogas.kg
VSad−1 than the other and equally reduced the production time by 5 days. For the alkaline treated
biomass, the 1422 kWh t−1 TS thermal energy gain exceeded the 945 kWh t−1 TS used in the
pretreatment thus giving a net thermal energy of 477 kWh t−1 TS. However, the acidic pretreatment
of Sorghum bicolor stalk is not profitable because the -131 kWh t−1 TS thermal energy gain was far
below the 1025 kWh t−1 TS thermal energy used in pretreatment with a net thermal energy of -761
kWh t−1 TS. Till now, use of low-cost H2O2 for biomass pretreatment is unpopular while the uses of
other strong alkali and acids are well studies. However, hydrogen peroxide gave better product yield.
Therefore, use of this alkali pose a novel biotechnological means for generating biogas.
©2019 The Authors. Published by Elsevier Ltd. This is an open access article under the
S.O. Dahunsi, C.O. Osueke, T.M.A. Olayanju, and A.I. Lawal
Elsevier BV
In this study, biogas was produced from the anaerobic co-digestion of Cocoa pod husk (CPH) and poultry manure. Pretreatment of the CPH was carried out using sulfuric acid and hydrogen peroxide. The physicochemical, elemental and structural analyses were carried out on the CPH before and after pretreatment. The microbial composition of the fermenting materials were also determined using standard method while the Fourier Transform Infra-red (FTIR) spectroscopy was used to identify the structural changes that took place after pretreatments. Use of alkaline hydrogen peroxide caused high solubilization of the lignin component of the CPH and reduced up to 81% of lignin i.e. initial value of 21.7% m.m-1 to final value of 4.2% m.m-1. Similarly, the alkali reduced the hemicellulose content of the CPH from 27.0% m.m-1 to 8.5% m.m-1. Overall, there was 68% increase in biogas volume from the alkaline pretreated CPH.
Adedoyin Isola Lawal, Oluwasola Emmanuel Omoju, Abiola Ayopo Babajide, and Abiola John Asaleye
Centre of Sociological Research, NGO
This study examines the validity of the random walk hypothesis for some selected soft agricultural commodity prices within the context of heterogeneous market hypothesis and mean reversion hypothesis. The study employs a battery of traditional unit root tests, GARCH-based models and a novel frequency-based wavelet analysis to analyze daily data sourced from 6th of Jan 1986 to 29th Dec 2018. Contrary to other existing studies that employed only traditional time domain unit root tests, our results reveal that soft commodity prices are mean reverting, suggesting the existence of potential excess returns for investors. Overall, our results show that the selected soft commodity series are inefficient when we factored in heteroscedascity and frequency domain into our model. Our study is an improvement on the existing studies as we analyze our data using both time and frequency domain estimates. Besides, unlike other studies that did not offer structural breaks, the current study provides structural break dates with major events in the global socioeconomic space, which are key to identifying the date of bubbles and potential signs of commodity price bubbles. Our findings have some critical implications for investors, policy makers, Received: January, 2019 1st Revision: May, 2019 Accepted: November, 2019 DOI: 10.14254/20718330.2019/12-4/7 Journal of International Studies S ci en ti fi c P a pe rs © Foundation of International Studies, 2019 © CSR, 2019 Adedoyin Isola Lawal, Oluwasola Emmanuel Omoju, Abiola Ayopo Babajide, Abiola John Asaleye Testing mean-reversion in agricultural commodity prices: Evidence from wavelet analysis 101 academics and other interested economic agents.
RECENT SCHOLAR PUBLICATIONS
Publications
1. AI Lawal, I Ozturk, IO Olanipekun, AJ Asaleye (2020). Examining the linkages between electricity consumption and economic growth in African economies. Energy, 118363 Elsevier (Scopus & SSCI indexed)
2. AA Salisu, XV Vo, A Lawal, Hedging oil price risk with gold during COVID-19 pandemic, Resources Policy (2020), doi:
3. OS Oladejo, SO Dahunsi, AT Adesulu-Dahunsi, SO Ojo, AI Lawal (2020) Energy generation from Anaerobic Co-digestion of Food waste, Cow dung and Piggery dung. Bioresource Technology, 123694 Elsevier (Scopus & SSCI indexed)
4. AI Lawal, E Oseni, CO Elleke, I Olanrele, M Muktar, B Lawal-Adedoyin, J Madugba, ST Samson (2020). Adaptive market efficiency: empirical evidence from the Nigeria Stock Market. Journal of Critical Review, 7(15), 5612-5621 (Scopus Index)
5. AA Babajide, FA Okunlola, E Nwuba, AI Lawal (2020). Wagner proposition in Nigeria: An econometric analysis. Heliyon 6 (8), e04680 Elsevier (Scopus & Web of Science indexed)
6. AA Babajide, AI Lawal, L Amodu, OO Ewetan, S Esowe & T Okafor (2020). Financial Institution Concentration and Financial Inclusion Penetration in Nigeria: A Comparative Analysis. Journal of Contemporary African Studies DOI:10.1080/02589001.2020.1822991 Taylor and Francis (Scopus indexed)
7. AJ Asaleye, PO Alege, AI Lawal, O Popoola, AA Ogundipe (2020). Cash crops financing, agricultural performance and sustainability: evidence from Nigeria African Journal of Economic and Management Studies Emerald (Scopus & Web of Science indexed)
8. AI Lawal, E Oseni, AA Babajide, B, Lawal-Adedoyin & F Bonetipin (2020). The impact of International Financial Reporting Standard (IFRS) adoption on key financial rations in Nigeria. Humanities & Social Sciences Review 8(4), July 2020, 289-300 (Scopus Indexed)
9. AI Lawal, H Inegbedion, B Lawal-Adedoyin, R Ojeka-John, CO Elleke, SK Adekunle, AD Obayemi & DT Eyiolorunshe (2019). Taxation and economic growth: Evidence from Nonlinear model in Nigeria. Test Engineering and Management 81(2), 3672-3680 (Scopus and Web of Science indexed)
10. AA Babajide, AI Lawal et al (2020). Financial technology, financial inclusion and MSMES financing in South-West of Nigeria. Academy of Entrepreneurship Journal, 26(3) (Scopus Indexed)
11. IA Olanrele, AI Lawal, E Oseni, AO Adekunle, B Lawal-Adedoyin, CO Elleke, R Ojeka-John, H Nweke-Love (2020). Accessing the impacts of contemporary development in biofuel on agriculture, energy and domestic economy. International Journal of Energy Economics and Policy 10(5), 469-478 (Scopus indexed)
12. TI Nwanji, KE Howell, S Faye, E Ben Caleb, AO Otekunrin, AI Lawal, D Obadiaru, DF Eluyela (2020). The Role of Accounting Information for Effective Corporate Financial Reporting: A Case Study of Flour Mill of Nigeria Journal of Critical Reviews 7(19), 671-684
13. AI Lawal, E Oseni, AJ Asaleye, B Lawal-Adedoyin, CO Elleke (2020). Determination of share price of agroallied firms: evidence from Nigeria. Humanities and Social Sciences Reviews 8(4) August, 515-521 (Scopus indexed)
14. JU Madugba, E Ben-Caleb, AI Lawal, UTAgburuga (2020). Firm Size and Tax Saving Behaviour of Listed Companies in Nigeria Academic Journal of Interdisciplinary Studies 9(3), 184-194
15. AA Babajide, AI Lawal, LO Amodu, AJ Asaleye, OO Ewetan, FO Olokoyo, (2020) Challenges of accountability in Nigeria: the role of deposit money bank Journal of Money Laundering Control, Emerald, (Scopus & Web of Science indexed)
16. J Li, OE Omoju, J Zhang, EE Ikhide, G Lu, AI Lawal, VA Ozue (2020). Does intellectual property rights protection constitute a barrier to renewable energy? An econometric analysis National Institute Economic Review 251, R37-R46, Cambridge University Press (Scopus & SSCI indexed)
17. A Babajide, AI Lawal, A Asaleye, T Okafor, G Osuma (2020). Financial stability and entrepreneurship development in sub-Sahara Africa: Implications for sustainable development goals. Cogent Social Sciences 6 (1), 1798330 Taylor and Francis (Scopus & Web of Science indexed)
18. IA Olanrele, AI Lawal, SO Dahunsi, AA Babajide, JO IseOlorunkanmi (2020). The impact of access to electricity on education and health sectors in Nigeria’s rural communities Entrepreneurship and Sustainability Issues 7 (4), 3016-3035 (Scopus & Web of Science indexed)
19. AI Lawal, SO Dahunsi, AA Babajide, AJ Asaleye, JO Iseolorunkanmi, (2020). Examining the Effects of Oil Price Long Memory and Exchange Rate Long Memory on Stock Market Behavior in Nigeria. International Journal of Energy Economics and Policy 10 (4), 430-436 (Scopus indexed)
20. OO Oyetade, A Asaleye, O Popoola, AI Lawal (2020). Agricultural Export and Macroeconomic Factors in Nigeria: The Bound Test Approach. International Journal of Energy Economics and Policy 10 (2), 165-169 (Scopus & Web of Science indexed)
21. H Inegbedion, E Sunday, A Asaleye, AI Lawal, A Adebanji (2020). Managing Diversity for Organizational Efficiency. SAGE Open 10 (1), 2158244019900173 (Scopus & SSCI)
22. AI Lawal, AJ Asaleye, H Inegbedion, JD Ojeka, SK Adekunle, E Olaniyan, (2019). Does Commercial Banking Activities Exerts on Agricultural Growth in Nigeria? Evidence from ARDL Framework. Academic Journal of Interdisciplinary Studies 8 (4), 146-146 (Scopus)
23. SO Dahunsi, CO Osueke, TMA Olayanju, AI Lawal (2019). Co-digestion of Theobroma cacao (Cocoa) pod husk and poultry manure for energy generation: Effects of pretreatment methods. Bioresource Technology 283, 229-241 Elsevier (Scopus & SSCI Indexed)
24. CO Manasseh, NO Chukwu, FC Abada, JE Ogbuabor, AI Lawal, FC Alio (2019). Interactions between stock prices and exchange rates: An application of multivariate VAR-GARCH model Cogent Economics & Finance 7 (1), 1681573 Taylor and Francis (Scopus & Web of Science indexed)
25. AI Lawal, OE Omoju, AA Babajide, AI Asaleye (2019). Testing mean-reversion in agricultural commodity prices: Evidence from wavelet analysis. Journal of International Studies 12 (4), 100-114 (Scopus & Web of Science indexed)
26. AJ Asaleye, CO Aremu, AI Lawal, H Inegbedion, O Popoola, SO Adewara (2019). Oil price shock and macroeconomic performance in Nigeria: Implication on employment. International Journal of Energy Economics and Policy 9 (5), 451-457 (Scopus indexed)
27. AI Lawal, A. Olayanju, AA Salisu, A Asaleye, O Dahunsi, O Dada, OE Omoju, OR Popoola, (2019). Examining Rational Bubbles in oil prices: Evidence from frequency domain estimates. International Journal of Energy Economics and Policy 9(2), 166-173 (Scopus indexed)
28. H Inegbedion, SC Eze, AJ Asaleye, AI Lawal (2019). Inventory management and organisational efficiency. The Journal of Social Sciences Research 5 (3), 756-763 (Scopus indexed)
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