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Dr. Tochukwu Timothy Okoli

Senior Lecturer | Senior Lecturer

Faculty of Social Science · Department of Economic and Development Studies

Specialization My areas of Specialization includes but not limited to Macroeconomics, Digital finance and financial technology, Financial econometrics, Financial risks, Sustainability, and financial literacy

Office: Economics Department

Phone: 08039580387

Email: tochukwu.okoli@fuoye.edu.ng

Biography

I am a Macroeconomist and Financial Econometrician with research expertise in digital finance, financial stability, macroeconomic policy, financial resilience, and sustainable development. I currently serve as a Postdoctoral Fellow in the Department of Taxation, College of Accounting Science, at the University of South Africa (UNISA). Prior to joining UNISA, he held a postdoctoral fellowship at the University of Johannesburg and served as a Senior Lecturer in the Department of Economics at the Federal University Oye-Ekiti, Nigeria.

I hold a Doctorate degree in Economics from the University of Zululand, South Africa, where my doctoral research examined financial technology diffusion, financial deepening, and macroeconomic stability across African economies. My research employs advanced econometric and statistical techniques, including dynamic panel data models, structural vector autoregression (SVAR), generalized method of moments (GMM), threshold regression, and nonlinear modelling to address complex macroeconomic and financial policy issues.

My scholarly work spans digital finance, financial inclusion, monetary policy, institutional quality, financial literacy, banking stability, climate change, and economic sustainability. I have published extensively in reputable international peer-reviewed journals, and my research has contributed to advancing knowledge on the role of digital innovation and institutional development in promoting resilient and sustainable economies.

Beyond research, I have over twelve years of university teaching, postgraduate supervision, and research mentoring experience. I have supervised master's and doctoral students, facilitated advanced econometric training workshops, and collaborated with scholars across disciplines and institutions. Proficient in Stata, R, MATLAB, EViews, and SPSS-AMOS, I am passionate about applying rigorous empirical methods to generate policy-relevant insights that support economic resilience, financial inclusion, and sustainable development in emerging and developing economies.

Research Interests

My research interest includes:
Macroeconomics and Monetary Economics
Financial Econometrics and Applied Econometric Modelling
Digital Finance, Financial Technology (FinTech), Financial Stability, Systemic Risk, and Financial Resilience
Financial Literacy, Financial Wellbeing, and Household Finance
Sustainable Development and Economic Sustainability
Development Economics and Emerging Market Economies
Artificial Intelligence (AI), Digital Transformation, and the Fourth Industrial Revolution (4IR)
Panel Data, Time Series, and Nonlinear Econometric Analysis

Qualifications

Selected Publications

  1. Inflation and monetary policy effectiveness in the presence of external shocks: Evidence from the Nigerian economy.
    Authors: Okoli, T. T. (2025).
    Investment Management & Financial Innovations (2025)
  2. Financial Well-being, Investment and the Asymmetric Effect of Savings in South Africa: The Mediating Role of Financial Literacy.
    Authors: Okoli, T. T., & De Clercq, B. (2025).
    Journal of Xi’an Shiyou University (2025)
  3. The relevance of institutional quality as a transmission channel for digital financial inclusion: Evidence from African economies and implications for sustainable development.
    Authors: Tochukwu Timothy Okoli
    Economics, Management and Sustainability (2025)
  4. Gauging the Impact of Digital Finance on Financial Stability in the Presence of Multiple Unknown Structural Breaks: Evidence from Developing Economies
    Authors: Tochukwu Timothy Okoli
    Economies (2025)
  5. Institutional Development and Monetary Policy Effectiveness: Empirical Evidence from African Economies.
    Authors: Okoli, T. T., & Meyer, D. (2024)
    African Journal of Development Studies (formerly AFFRIKA Journal of Politics, Economics and Society) (2024)
  6. The Analyses of Structural Vector Autoregressive Model on the Twin Deficit Convergence among the Emerging Economies: Does Ricardian Equivalence Hypothesis Matter?
    Authors: Okoli, T. T. (2024).
    African Journal of Business and Economic Research (2024)
  7. Financial technology adoption and bank stability among African economies: Is the relationship monotonic?
    Authors: Okoli, T. T. (2024)
    Investment Management and Financial Innovations. (2024)
  8. Financial technology development: Implications for traditional banks in Africa.
    Authors: Meyer D., & Okoli T. T. (2023)
    Investment Management and Financial Innovations (2023)
  9. Determinants of Financial Technology Spread of Penetration among African Economies.
    Authors: Okoli, T. T., & Tewari, D. D. (2022).
    Indian Journal of Finance (2022)
  10. Investigating the Determinants and Growth of financial technology Depth of penetration among the Heterogeneous Africa Economies.
    Authors: Okoli, T. T., & Tewari D. D. (2021)
    Cogent Economics and Finance (2021)
  11. Threshold effect in Twin Deficit Hypothesis: Evidence from the BRICS Economies.
    Authors: Okoli, T. T., Tewari, D. D., & Ileasanmi, K. D. (2021)
    Cogent Economics & Finance (2021)
  12. Does the adoption process of Financial Technology in Africa follows an inverted U-shaped hypothesis? An evaluation of Rogers Diffusion of Innovation theory.
    Authors: Okoli, T. T., & Tewari, D. D. (2021)
    Asian Academy of Management Journal of Accounting & Finance (2021)
  13. Investigating the Policy Implications of Financial Technology Shocks on Macroeconomic Stability: Evidence from Emerging African Economies.
    Authors: Okoli, T. T., and Tewari D. D. (2020)
    African Journal of Development Studies (AJDS) (2020)
  14. Is the Relationship between Financial Technology and Credit Risk Monotonic? Evidence from the BRICS Economies.
    Authors: Okoli, T. T. (2020)
    Asian Economic and Financial Review (2020)
  15. An empirical assessment of Fintechs heterogeneous transmission channels to financial development among African economies.
    Authors: Okoli, T. T., & Tewari, D. D. (2020).
    Cogent Economics & Finance (2020)

Professional Qualification

Awards

Scholarship

Membership of Professional Bodies

Paper Presentation - Local

Paper Presentation - International

Postgraduate Ph.D Supervision

Postgraduate M.Phil Supervision

Postgraduate M.Sc Supervision

Undergraduate Project Supervision

Course Teaching

Professional Skill

AI Proficiency75%
Data Analyst86%

Custom Fields

Keynote Speaker: The 16th World Gene Convention-2026

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