Dr Yusuf Hammed Agboola has over 12 years of experience in teaching, research, and community service at higher learning institutions. To his credit, he has published over four (40) Conferences, workshops, and seminars at Local, National, and international levels. Dr. Yusuf has received awards, commendation letters, and scholarships across the globe. Dr. Yusuf is a consultant to the African Development Bank under the Policy Management Division, African Development Institute (ADI) of the African Development Bank (AFDB).
EDUCATION
(a) Ph.D. Economics, Universiti Utara, Malaysia 2018
(b) M.Sc. Economics, University of Ibadan, Nigeria 2012
(c) B.Sc. (Ed) Economics, University of Ibadan, Nigeria 2008
(d) N.C.E. National Certificate in Education, Nigeria 2003
(e) Senior Secondary School Certificate (S. S. S.C.E) 2002
RESEARCH, TEACHING, or OTHER INTERESTS
General Economics, Econometrics and Finance, Economics and Econometrics, Economics, Econometrics and Finance, Economics, Econometrics and Finance
11
Scopus Publications
748
Scholar Citations
13
Scholar h-index
18
Scholar i10-index
Scopus Publications
LOCAL COMMUNITIES IN ERA OF CLIMATE CHANGE: ADDRESSING CHALLENGES THROUGH THE LENS OF SUSTAINABLE DEVELOPMENT GOALS 2015 Uche Nnawulezi, Olusola Joshua Olujobi, Yusuf Hammed Agboola, Jacques Kabano Journal of Sustainable Development Law and Policy, 2026 Climate change effects posed global threats and problems especially for local communities.In response to these challenges, many countries have implemented legal frameworks aimedat addressing its effects in rural areas in line with Sustainable Development Goals 13 of 2015.These frameworks typically involve combinations of regulations, incentives, and supportmechanisms capable of assisting community's adaptation along with the mitigating effectsof climatic change. Examining international case studies and analyzing data on theimplementation of these frameworks offers reasonable insight into what strategies are mosteffective in helping communities respond to the harmful effects of climatic change. Thepaper revealed that the legal frameworks that prioritized community engagement andparticipations appears to be more effective in assisting local communities in addressingclimate change. The paper argued that a better understanding of the efficiency andeffectiveness of the existing regulatory frameworks is also crucial for informing future policydecisions and ensuring that communities are adequately equipped to confront the challengesposed by a warming planet. In order to achieve the research objectives, the paper adoptsdoctrinal research methods that analyzes global and domestic legal documents. The primarylegal sources includes global treaties, decisions of court, municipal legislations along withrelevant academic works. Most significantly, the article highlights best practices andidentifies areas for improvement in current climate change policies in local communities andmakes recommendations for policymakers on how to strengthen legal frameworks toprotect, support and enable vulnerable communities to address the challenges of climaticchange. Ultimately, the legal frameworks and principles regulating climate change should bereviewed to reflect the whole essence of the regulatory frameworks that guarantees safetyand security of the local communities as well as creating a more resilient communities.
Economic Policy Uncertainty and the Co-Movement between REITs and Exchange Rate Ibrahim Raheem, Ismail O. Fasanya, Agboola H. Yusuf Review of Economic Analysis, 2022 The REITs market has attracted a lot of interest among the academic, policymakers, and market participants. The linkages between REITs and macroeconomic and financial variables have been adequately explored in the literature, with more emphasis on linear models. This study expands the frontier of knowledge by examining the role of uncertainty in the comovement/spillover between REITs and the currency markets. Some interesting results were observed. First, using the Diebold and Yilmaz (2012) spillover test, we find that there is strong connectedness between the REITs and currency markets. Second, the BDS test shows that nonlinearity is a very crucial factor to be put into consideration when examining the role of EPU in affecting the interactions between REITs and exchange rate markets. Third, the non-parametric causality-in-quantile test confirms that the connectedness between the markets and EPU is stronger around the lower and middle quantiles. These results have important policy implications for policymakers and market participants. The study also offers suggestions for future research.
Institutional Quality and Trade Flow: Empirical Evidence from Malaysia and Other OIC Member Countries in Africa Hammed Agboola Yusuf, Luqman Olanrewaju Afolabi, Waliu Olawale Shittu, Kafilah Lola Gold, Murtala Muhammad Insight on Africa, 2021 This article examines the impact of institutional quality on bilateral trade flow between Malaysia and selected 25 African Organisation of Islamic Cooperation (OIC) member countries. Four institutional qualities were selected from World Governance Indicators with other trade predictors from the period from 1985 to 2016. Using gravity model of trade and Poisson pseudo-maximum likelihood estimation method (PPML) technique, the results confirm that government effectiveness, regulatory quality and political stability have an adverse effect on bilateral trade flow among the OIC countries in Africa. On the other hand, these institutional quality variables were considered as a strength for Malaysian economic growth. Therefore, better institutional quality reforms are needed among OIC member countries in Africa in order to accelerate trade, economic growth and development in their region.
Altruism or trade motive: What determines china’s financial aid to african oil exporting countries? Kafilah Gold, Rajah Rasiah, Kian Teng Kwek, Hammed Yusuf, Hammed Musibau, et al. Journal of Business Economics and Management, 2021 Indeed, China’s ascent is significantly changing the landscape in aid-donor and aid-recipient relationship for African countries, despite the changes, empirical studies on the determinant and motive is lacking. Therefore, this paper examines the determinants of China’s financial aid to oil/ minerals exporting African countries. By using China’s loan data obtained from the China Africa Research Initiative, Johns Hopkins University and UN-COMTRADE product data classified into oil/ minerals, agriculture and manufacturing, this study employs fixed effects, generalised least squares and Pesaran dynamic fixed effects to analyse the motives. The results indicate that oil/minerals are not the motives behind China’s aid to Africa. However, China’s aid is driven by its manufacturing exports, suggesting that aid may be tied to trade. Also, the institutional structure enhances more financial aid to Africa. The findings of this study serve as recommendations for policymakers to improve trade policies that will enhance the sustainability of Africa’s engagement with China.
The impacts of foreign direct investment and globalisation on economic growth in West Africa: examining the role of political governance Waliu Olawale Shittu, Hammed Agboola Yusuf, Abdallah El Moctar El Houssein, Sallahuddin Hassan Journal of Economic Studies, 2020 PurposeThis paper measures the impacts of foreign direct investment (FDI), globalisation and political governance on economic growth in West Africa. The empirical analysis also includes the interaction effect of political governance and FDI on the growth of the sub-region, over the period of 1996–2016.Design/methodology/approachThe study employs the autoregressive distributed lag technique on data obtained from the World Bank and the KOF institute.FindingsThe study findings suggest a positive relationship between globalisation and political governance on economic growth. Even though there have been inconclusive results on the FDI–growth nexus, the authors found that FDI stimulates the growth of the sub-region, while political governance enhances the positive impact of FDI on economic growth. The other factors of growth included are labour, capital and government size, whose effects on growth are, respectively, negative, negative and positive.Practical implicationsThe governments of the West African countries promote policies that attract FDI into the sub-region, so that economic performances may be enhanced. In addition, the governments of the West African sub-region should work to reap the benefits of globalisation, by promoting the competitiveness of their local economies in order to keep pace with the global markets. Finally, the political-governance infrastructures should be overhauled; the culture of accountability and transparency should be promoted, while all efforts should be made to improve stability in the political environment in order to increase investors' confidence in the West African economy.Originality/valueThis study is the first to single out the impacts of political governance, as categorised by the World Bank, through both direct and interactive measures. This is necessary in view of the assertion that political governance largely accounts for improved economic performance in an economy. The use of the Pesaran (2007) technique of unit root is also a deviation from existing studies. This is in view of the fact that it tests variable unit root in the presence of cross-sectional dependence; thus, controlling for contemporaneous correlation which was not considered in the first-generation tests.
Endogenous specification of foreign capital inflows, human capital development and economic growth: A study of pool mean group Hammed Oluwaseyi Musibau, Agboola Hammed Yusuf, Kafilah Lola Gold International Journal of Social Economics, 2019 PurposeThe purpose of this paper is to empirically investigate the relationship between foreign capital inflows, human capital development (HCD) and economic growth in ECOWAS countries.Design/methodology/approachIn line with the augmented Solow model, the relationship between foreign capital inflows, human capital development and gross domestic product in the ECOWAS member countries is investigated using the pool mean group method.FindingsThe authors find overwhelming evidence that foreign capital inflows and human development have a significant effect on economic growth in ECOWAS member countries. However, foreign direct investment (FDI), official development assistant, HCD and gross domestic investment are positively related to economic growth in sub-regions economies. Conversely, migrate official remittance, portfolio investments and external debts are negatively related to economic growth.Research limitations/implicationsThe authors recommend that sound economic policies should be targeted in encouraging foreign capital accumulation and HCD, especially on FDI, official development assistance that exerts a positive impact on the economic growth of the sub-region. Therefore, training is required to prepare the labor force to work with new technologies and promote efficient enterprise for ECOWAS economies to compete with developed countries and emerging economies.Social implicationsThis study argued that the development of human capital is a pathway that may lead countries away from sustained growth. In the context of any economy which lack well-developed capital and education markets, many otherwise qualified citizens may be denied the basic skills they need in order to contribute fully to the nation’s economic development. HCD would encourage foreign investments, resulting in reduction in poverty in ECOWAS countries.Originality/valueSeveral studies have been done on foreign capital inflow and economic growth nexus such as Orjiet al.(2014), Ajide and Raheem (2016), Musibauet al.(2017), etc.; however, none of the research studies has actually examined the effect of the relationship between foreign capital inflows and HCD on economic growth in ECOWAS countries. This study is designed to fill the vacuum.
China's aid and oilforinfrastructure in Nigeria: ResourceDriven or development motive? Contemporary Chinese Political Economy and Strategic Relations, 2017
Energy consumption-economic growth nexus: Evidence from linear and nonlinear models in selected African countries International Journal of Energy Economics and Policy, 2015
RECENT SCHOLAR PUBLICATIONS
LOCAL COMMUNITIES IN ERA OF CLIMATE CHANGE: ADDRESSING CHALLENGES THROUGH THE LENS OF SUSTAINABLE DEVELOPMENT GOALS 2015 U Nnawulezi, OJ Olujobi, YH Agboola, J Kabano Journal for Sustainable Development Law & Policy 17 (1) , 2026 2026
EFFECTS OF GLOBAL WARMING ON FOOD INSECURITY IN SELECTED WEST AFRICAN COUNTRIES: EMPIRICAL ANALYSIS (2001-2021). AH Yusuf, OJ Olujobi, U Nnawulezi, GA Elegbede, A Olukole Journal for Sustainable Development Law & Policy 17 (1) , 2026 2026
The effect of exchange rate and other macroeconomic indicators on Nigeria’s non-oil exports performance KL Gold, HA Yusuf SN Business & Economics 5 (9), 113 , 2025 2025 Citations: 4
Effects of Global Warming On Food Insecurity in Selected West African Countries: Empirical Analysis (2000-2021) AH Yusuf, OJ Olujobi, U Nnawulezi, GA Elegbede, A Olukole The Journal of Sustainable Development, Law and Policy 17, 1 , 2025 2025 Citations: 16
JOURNAL OF APPLIED ECONOMIC RESEARCH OT ALAKIJA, AH YUSUF, GA ELEGBEDE, A SHITTU, JA SEMANA JOURNAL OF APPLIED ECONOMIC RESEARCH Учредители: Уральский федеральный … , 2025 2025
The Impact of Subnational Internally Generated Revenue on Infrastructural Development: The Case of Kwara State, Nigeria OT Alakija, AH Yusuf, GA Elegbede, A Shittu, J Semana Journal of Applied Economic Research 24 (2), 528-554 , 2025 2025
Kinetics of The Pyrolysis of High-Density Polyethylene, Low-Density Polyethylene, Styrofoam and Their Blends RO Yakubu, AA Abdulazeez, H Yusuf, A Bello, JS Esimi, T AbdulRasheed International Journal of Renewable Energy Resources, 1-13 , 2024 2024 Citations: 1
Effect of education on youth unemployment in Nigeria MI Datti, YH Agboola, MS Gawuna, MO Adebowale International Journal of Business and Management Research 5 (2), 111-130 , 2024 2024 Citations: 5
Performance Analysis of a 50 MW Solar PV Installation at BUI Power Authority: A Comparative Study between Sunny and Overcast Days RO Yakubu, MW Ijeoma, H Yusuf, AA Abdulazeez, P Acheampong, ... Electricity 5 (3), 546-561 , 2024 2024 Citations: 7
Nexus Between Foreign Capital Inflow, Poverty and Economic Growth Among Selected West Africa Countries: A Sectoral Approach YL Zakariyau, YH Agboola, MO Adebowale, GK Lola Malaysian Journal of Business and Economics (MJBE) 11 (1), 35-46 , 2024 2024
DOES INFRASTRUCTURE ALTER THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH? INSIGHTS FROM SUBSAHARAN AFRICA. SO ALABI, HA YUSUF, WO SHITTU, LO AFOLABI, KL GOLD Journal of Academic Research in Economics 16 (1) , 2024 2024 Citations: 1
JOURNAL OF APPLIED ECONOMIC RESEARCH KL GOLD, KO ADETUNJI, HA YUSUF, S SULAIMAN JOURNAL OF APPLIED ECONOMIC RESEARCH Учредители: Уральский федеральный … , 2024 2024
Electricity production, consumption, and manufacturing sector performance in Nigeria: A multi-decade analysis KL Gold, KO Adetunji, HA Yusuf, S Sulaiman Journal of applied economic research 23 (4), 1077-1098 , 2024 2024 Citations: 5
Hedging strategies among financial markets: the case of green and brown assets ID Raheem, O Akinkugbe, AH Yusuf, MG Asl Empirical economics 65 (2), 831-873 , 2023 2023 Citations: 13
Oil Prices and Economic Growth in Oil Producing Countries: A Panel Data Approach AC Afolabi, AO Kuranga, AM Ojuolape, HA Yusuf Available at SSRN 5350969 , 2023 2023 Citations: 2
The effectiveness of the road transport system in Nigeria’s tertiary Institutions-The Case of the University of Ilorin YT Mulikat, GK Lola, YH Agboola, RK Folashade Kabale University Interdisciplinary Research Journal 2 (1), 32-45 , 2023 2023
The Effectiveness of the Road Transport System in Nigeria's Tertiary Institution-The Case of the University of Ilorin. YT Mulikat, GK Lola, YH Agboola, KF Ruth, SB Akanbi ANWESH: International Journal of Management & Information Technology 8 (1) , 2023 2023 Citations: 3
The nexus between economic growth, institutional quality, and poverty in Nigeria AM Olawale, JE Kehinde, GK Lola, YH Agboola, OM Adebayo, O Modupe Journal of Emerging Economies and Islamic Research (JEEIR) 11 (3), 94-108 , 2023 2023 Citations: 5
KANO AND CHINA IN THE AGE OF NEOLIBERAL TEXTILE PRODUCTION M Muhammad, A Ibrahim, I Hussain, KL Gold Science Forum (Journal of Pure and Applied Sciences) 22 (2), 147-147 , 2022 2022
Science Forum (Journal of Pure and Applied Sciences) M Muhammad, A Ibrahim, I Hussain, KL Gold, HA Yusuf SCIENCE FORUM (JOURNAL OF PURE AND APPLIED SCIENCES) 22, 147-162 , 2022 2022
MOST CITED SCHOLAR PUBLICATIONS
Endogenous specification of foreign capital inflows, human capital development and economic growth: A study of pool mean group HO Musibau, AH Yusuf, KL Gold International Journal of Social Economics 46 (3), 454-472 , 2019 2019 Citations: 110
The impacts of foreign direct investment and globalisation on economic growth in West Africa: examining the role of political governance WO Shittu, HA Yusuf, A El Moctar El Houssein, S Hassan Journal of Economic Studies 47 (7), 1733-1755 , 2020 2020 Citations: 108
The role of foreign direct investment, financial development, democracy and political (in) stability on economic growth in West Africa HA Yusuf, WO Shittu, SB Akanbi, HMB Umar, IA Abdulrahman International Trade, Politics and Development 4 (1), 27-46 , 2020 2020 Citations: 97
A new insight into oil price-inflation nexus ID Raheem, AK Bello, YH Agboola Resources Policy 68, 101804 , 2020 2020 Citations: 52
Institutional quality and trade flow: Empirical evidence from Malaysia and other OIC member Countries in Africa HA Yusuf, LO Afolabi, WO Shittu, KL Gold, M Muhammad Insight on Africa 13 (2), 177-191 , 2021 2021 Citations: 36
Energy consumption-economic growth nexus: evidence from linear and nonlinear models in selected African countries İD Raheem, AH Yusuf International Journal of Energy Economics and Policy 5 (2), 558-564 , 2015 2015 Citations: 35
China’s aid and oil for infrastructure in nigeria: resource driven or development motive? G Kafilah, R Rasiah, KT Kwek, M Muhammad, A Yusuf Contemporary Chinese Political Economy and Strategic Relations: An … , 2017 2017 Citations: 25
Nigerian textile industry: Evidence of policy neglect M Muhammad Sarjana , 2018 2018 Citations: 24
The impact of foreign capital inflows, infrastructure and role of institutions on economic growth: an error correction model H Musibau, S Mahmood, AY Hammed University of Tasmania , 2017 2017 Citations: 24
Financial inclusion and monetary policy in West Africa SB Akanbi, RO Dauda, HA Yusuf, AI Abdulrahman Journal of Emerging Economies & Islamic Research 8 (2), 1-12 , 2020 2020 Citations: 20
Exchange rate volatility and non-oil exports in Nigeria: An empirical investigation SB Akanbi, HA Alagbe, HA Yusuf, MH Oluwaseyi Journal of Emerging Economies and Islamic Research 5 (2), 5-15 , 2017 2017 Citations: 20
Effects of Global Warming On Food Insecurity in Selected West African Countries: Empirical Analysis (2000-2021) AH Yusuf, OJ Olujobi, U Nnawulezi, GA Elegbede, A Olukole The Journal of Sustainable Development, Law and Policy 17, 1 , 2025 2025 Citations: 16
Hedging strategies among financial markets: the case of green and brown assets ID Raheem, O Akinkugbe, AH Yusuf, MG Asl Empirical economics 65 (2), 831-873 , 2023 2023 Citations: 13
Economic policy uncertainty and the co-movement between REITs and exchange rate ID Raheem, IO Fasanya, AH Yusuf Review of Economic Analysis 14 (1), 121-141 , 2022 2022 Citations: 13
Exchange rate volatility and non-oil exports in Nigeria: An empirical investigation HO Musibau, SA Babatunde, AA Halimah, AY Hammed Journal of Global Economics 5 (2), 1-5 , 2017 2017 Citations: 13
Mobile telecom (GSM): Its impacts on household income generating capacity and business expansion in selected states in southwest Nigeria KL Gold, MO Saibu, HA Yusuf American-Eurasian Journal of Scientific Research 7 (1), 32-40 , 2012 2012 Citations: 12
Impact of exchange rate volatility on net-export in selected West African countries J Tchokote, ME Uche, YH Agboola AshEse Journal of Economics 1 (4), 57-73 , 2015 2015 Citations: 11
Causality between VAT and economic growth in Nigeria: An ARDL bounds testing approach HA Yusuf, IS Zainal Abidin, N Bakar, OH Musibau Journal of Emerging Economies & Islamic Research 6 (1), 1-13 , 2018 2018 Citations: 10
An Empirical Analysis of Determinants of Malaysia’s Export to OIC countries in Africa’ HA Yusuf, ISZ Abidin, N Bakar International Journal of Business Management and Economic Research 9 (1 … , 2018 2018 Citations: 9
Interest rate and private consumption behaviour in Nigeria: some empirical evidences AY Hammed, ISZ Abidin, JE Owuru, SB Akanbi, HO Musibau Asian PacificJournal of Advanced Business and Social Studies 3 (2), 131-147 , 2017 2017 Citations: 9
