Personal information

Biography

Dr. Solomon Edem Effiong is a highly accomplished professional with a successful career spanning over two decades in various sectors, including Banking, Consulting, and Education. He possesses a strong academic foundation, with academic qualifications in Economics and Accountancy obtained over the years.

Dr. Effiong embarked on his career in the Nigerian Banking industry in 1998 when he joined the United Bank for Africa Plc during his National Youth Service Corp (NYSC) and was retained upon completing his service. Later, in 2001, he joined Standard Trust Bank Plc as an Analyst Designate. Over the years, he advanced through the ranks, holding various managerial positions such as Branch Operations Manager (2004-2007) and Branch Manager (2007-2013). Subsequently, he joined Stanbic IBTC Bank as the Regional Commercial Banking Relationship Manager for Edo/Delta States. His extensive banking experience encompasses Customer Service, Banking Operations and Control, Credit and Marketing, Business Development, Relationship Management, and Strategic Planning. In 2015, he resigned from his position at Stanbic IBTC Bank to pursue academic interests.

Currently, Dr. Effiong serves as the Director of Academic Planning at Wellspring University and holds a Senior Faculty position in the College of Social and Management Sciences at the same institution.

In terms of his academic qualifications, Dr Effiong earned a Bachelor's degree in Accounting (First Class Hons) from Wellspring University, Benin City, in 2023. His undergraduate education also includes a Bachelor of Science degree in Economics, achieved with Second Class (Upper Division) honours from the University of Uyo in 1997. Furthering his academic journey, he pursued a Master of Business Administration (MBA) from the University of Benin in 2005. Subsequently, he obtained a Master of Science in Economics from Benson Idahosa University in 2014 and successfully earned a Doctor of Philosophy in Economics from the University of Benin in 2020. These academic accomplishments underscore his commitment to continuous learning and academic excellence.

His research focus is in the area of Macroeconomics, Financial Economics, International Trade and Finance, and Development Economics. Dr. Effiong has published widely in several reputable journals both locally and internationally.

Activities

Employment (4)

Wellspring University: Irhirhi-Benin, Edo State, NG

2018-02-03 to present | Senior Lecturer (Department of Economics)
Employment
Source: Self-asserted source
Solomon Edem Effiong

Stanbic IBTC Bank Ltd: Benin , Edo State, NG

2015-02-02 to 2016-05-28 | Commercial Relationship Manager (Commercial Banking Group)
Employment
Source: Self-asserted source
Solomon Edem Effiong

United Bank for Africa plc: Benin , Edo State, NG

2007-04-01 to 2013-02-02 | Business Manager (Business Development)
Employment
Source: Self-asserted source
Solomon Edem Effiong

United Bank for Africa Plc/Standard Trust Bank Plc: Benin , Edo State, NG

1999-10-01 to 2007-03-30 | Branch Operations Manager (Banking Operations)
Employment
Source: Self-asserted source
Solomon Edem Effiong

Education and qualifications (4)

University of Benin: Benin City, Edo State, NG

2015-09-01 to 2021-07-23 | Doctor of Philosophy (Economics) (Department of Economics)
Education
Source: Self-asserted source
Solomon Edem Effiong

Benson Idahosa University: Benin, Edo, NG

2012-12-03 to 2014-08-02 | Masters of Science (Economics) (Department of Economics)
Education
Source: Self-asserted source
Solomon Edem Effiong

University of Benin: Benin City, Edo State, NG

2002-09-02 to 2005-06-08 | MBA (Business Administration)
Education
Source: Self-asserted source
Solomon Edem Effiong

University of Uyo: Uyo, Akwa Ibom, NG

1992-09-01 to 1997-11-05 | Bachelor of Science (Economics) (Department of Economics)
Education
Source: Self-asserted source
Solomon Edem Effiong

Professional activities (3)

Nigerian Economic Society: Benin City, Edo State, NG

Membership
Source: Self-asserted source
Solomon Edem Effiong

Wellspring University: Benin City, Edo State, NG

2020-02-03 to present | Director of Academic Planning (Academic Planning)
Invited position
Source: Self-asserted source
Solomon Edem Effiong

Wellspring University: Benin City, Edo State, NG

2019-02-03 to present | Director, School of Basic Studies (Foundation Schools/School of Basic Studies)
Invited position
Source: Self-asserted source
Solomon Edem Effiong

Works (22)

Estimating covariance between exchange rate devaluation and oil price volatility during COVID-19

Journal of Governance and Regulation
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Shehu Salisu Umar; Clement Chibuzoe Eleh; Orobosa Abraham Ihensekhien; Friday Osaru Ovenseri-Ogbomo; Chineleobi Chris Ihuoma; Ann Nuhu Tizhe
Source: check_circle
Crossref

Estimating effects of nominal exchange rates and oil price shocks in the presence of structural breaks

Journal of Governance and Regulation
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Malachy Ashywel Ugbaka; Salisu Shehu Umar; Orobosa Abraham Ihensekhien; Friday Osaru Ovenseri-Ogbomo; Nkang Enighe Eyam; Ubi Ubi Omini; Anna Nuhu Tizhe; Rafat Hussaini
Source: check_circle
Crossref

Evaluating structural relations between money demand and its determinants

Corporate Governance and Organizational Behavior Review
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Malachy Ashywel Ugbaka; Danjuma Iyaji; Enyinna Okpara; Chineleobi Chris Ihuoma; Olawale Hezekiah Tedunjaiye; Ehis Taiwo Omoluabi; Oseni Hussein Omomoh
Source: check_circle
Crossref

Exchange rate volatility transmission in emerging markets

Corporate and Business Strategy Review
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Salisu Shehu Umar; Enyinna Okpara; Danjuma Iyaji; Gbenga Oyegun; Davidson Iyayi; Benjamin Olusola Abere
Source: check_circle
Crossref

Fiscal effects of exchange rate devaluation and capital flows to emerging countries

Journal of Governance and Regulation
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Enyinna Okpara; Danjuma Iyaji; Gbenga Oyegun; Davidson Iyayi; Kasimu Eshemogie; Anthony Aziegbemin Ekeoba; Anna Nuhu Tizhe
Source: check_circle
Crossref

Forecasting exchange rate dynamics in developing countries

Corporate and Business Strategy Review
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Salisu Shehu Umar; Malachy Ashywel Ugbaka; Danjuma Iyaji; Enyinna Okpara; Davidson Iyayi; Anna Nuhu Tizhe; Oseni Hussein Omomoh
Source: check_circle
Crossref

MODELLING AND ESTIMATING VOLATILITIES IN EXCHANGE RATE RETURN AND THE RESPONSE OF EXCHANGE RATES TO OIL SHOCKS

Journal of Governance and Regulation
2023 | Journal article
EID:

2-s2.0-85149024907

Part of ISSN: 23066784 22209352
Contributors: Umoru, D.; Effiong, S.E.; Ugbaka, M.A.; Akhor, S.O.; Iyaji, D.; Ofie, F.E.; Ihuoma, C.C.; Okla, E.S.; Obomeghie, M.A.
Source: Self-asserted source
Solomon Edem Effiong via Scopus - Elsevier
grade
Preferred source (of 2)‎

Oil-exchange rate volatilities and returns nexus

Corporate Governance and Organizational Behavior Review
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Enyinna Okpara; Robert Ike Eke; Davidson Iyayi; Cletus Ukon Nwonu; Muhammed Adamu Obomeghie; Anna Nuhu Tizhe; Kasimu Eshemogie
Source: check_circle
Crossref

Oil-supply news and dynamics of exchange rates in oil-exporting countries

Corporate and Business Strategy Review
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Okey Oyama Ovat; Francis Ejime Ofie; Clement Chibuzoe Eleh; Cletus Ukom Nwonu; Muhammed Adamu Obomeghie; Anna Nuhu Tizhe; Muhammed Emoabino
Source: check_circle
Crossref

Reactions of stock returns to asymmetric changes in exchange rates and oil prices

Corporate Governance and Organizational Behavior Review
2023 | Journal article
Contributors: David Umoru; Solomon Edem Effiong; Salisu Shehu Umar; Enyinna Okpara; Malachy Ashywel Ugbaka; Christopher Awa Otu; Francis Ejime Ofie; Anna Nuhu Tizhe; Anthony Aziegbemin Ekeoba
Source: check_circle
Crossref

THRESHOLD OF CURRENCY DEVALUATION AND OIL PRICE MOVEMENTS THAT STIMULATES INDUSTRIAL PRODUCTION

Corporate Governance and Organizational Behavior Review
2023 | Journal article
EID:

2-s2.0-85148605511

Part of ISSN: 25211889 25211870
Contributors: Umoru, D.; Effiong, S.E.; Ugbaka, M.A.; Iyaji, D.; Oyegun, G.; Ofie, F.E.; Eshemogie, K.; Tizhe, A.N.; Hussaini, R.
Source: Self-asserted source
Solomon Edem Effiong via Scopus - Elsevier
grade
Preferred source (of 2)‎

Causes of Exchange Rate Volatility

Asian Journal of Economics, Business and Accounting
2023-09-13 | Journal article
Contributors: David Umoru; Oghenevwodo Naphtali Akpoviroro; Solomon Edem Effiong
Source: check_circle
Crossref

Factors Responsible for Movements in Real Effective Exchange Rate of Selected African Countries

Asian Journal of Economics, Business and Accounting
2023-09-08 | Journal article
Contributors: David Umoru; Hillary Oritsesholaye Abugewa-Ejegi; Solomon Edem Effiong
Source: check_circle
Crossref

Stock Returns and State-Dependent Effects of Changes in Exchange Rate and Money Supply from Central Banks

Asian Journal of Economics, Business and Accounting
2023-08-08 | Journal article
Part of ISSN: 2456-639X
Contributors: Solomon Edem Effiong; Odion Jonah Benson; David Umoru
Source: Self-asserted source
Solomon Edem Effiong

Reactions of Stock Prices to Changes in Exchange Rate and Monetary Policy Rate of Central Banking System: Symmetry or Asymmetry

Asian Journal of Economics, Business and Accounting
2023-08-05 | Journal article | Author
Part of ISSN: 2456-639X
Contributors: Solomon Edem Effiong; Odion Jonah Benson; David Umoru
Source: Self-asserted source
Solomon Edem Effiong
grade
Preferred source (of 3)‎

Empirical Analysis of Agricultural Production and Economic Growth in Nigeria

Confluence Journal of Economics and Allied Sciences (CJEAS)
Journal article
Source: Self-asserted source
Solomon Edem Effiong

Empirical Analysis of Export Diversification and Economic Growth in Nigeria: 1986-2017

Jos Journal of Economics Vol 8.(3). ISSN 0189-0998
Journal article
Source: Self-asserted source
Solomon Edem Effiong

Estimating the Strength of Interaction between Financial Market Integration, Financial Depth and Economic Growth in Economic Community of West African States: Simultaneous Equations Analysis

European Journal of Economic Studies, Vol 9 (2): 66-88 E-ISSN 2305-6282
Journal article
Source: Self-asserted source
Solomon Edem Effiong

Financial Integration and the Growing ECOWAS Nations: Could there be a Role for Institutional Quality Variable?

Sochi Journal of Economy,Vol.14 (3):263-281.
Journal article
Part of ISSN: ISSN: 2541-8114
Source: Self-asserted source
Solomon Edem Effiong

Foreign Aid and Poverty Reduction in Nigeria: An Empirical Analysis

LAPAI International Journal of Management & Social Sciences, Vol 11 (2) ISSN:20006-
Journal article
Part of ISSN: 20066473
Source: Self-asserted source
Solomon Edem Effiong

Threshold Autoregressive Conditional Heteroskedasticity Model of Exchange Rate Volatility and Its Determinants in Nigeria

AAU Journal of Management Sciences,
Journal article
Part of ISSN: 2251-0109
Source: Self-asserted source
Solomon Edem Effiong

Trade Liberalization and Economic Growth in Nigeria

Journal of Economics & Management Studies, Vol.1 (1)
Journal article
Source: Self-asserted source
Solomon Edem Effiong