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Stephen  Onyeiwu

Stephen Onyeiwu

Born and raised in southwestern Nigeria, I was educated at the University of Connecticut, USA; University of Sussex, UK; Obafemi Awolowo University, Nigeria; and University of Port Harcourt, Nigeria. I have taught at Wesleyan University, Trinity College, Rensselaer Polytechnic Institute, State University of New York at Albany, Union College, and Slippery Rock University, all of which are in the United States. Prior to moving to the United States, I was a lecturer in Economics at the University of Port Harcourt Harcourt. I have been a visiting professor at the O.P. Jindal Global University, Sonepat, Indian and led a group of student interns to the Swami Vivekananda Institute of Indian Studies (SVIIS), Mysore, India. I recently served as a Fulbright Visiting Professor of Economics at Covenant University, Ota, Nigeria.

The courses I teach include Business Economics, International Business, Economics of Innovation & Technological Change, Microeconomics, and Development Economics. My research interests are: Development Economics, the Technological Strategies of Firms, Small Business Development, Industrial Organization, International Political Economy, and Global Economic Issues.

Nigeria's new foreign exchange policy is good news - but it can't work wonders for the economy on its own

Jun 21, 2023 07:23 am UTC| Economy

The Central Bank of Nigeria recently announced changes to the way the countrys foreign exchange market will work. Foreign currencies can now be bought and sold at rates determined by the market not by the central...

Tinubu inherits Nigeria’s high debt – an economist analyses what this means for the country's future

May 26, 2023 14:53 pm UTC| Economy Politics

As the 16th president of Nigeria, Bola Ahmed Tinubu inherits an economy that is grappling with inflation, chronic unemployment, extreme poverty, crumbling infrastructure and insecurity. Nigerias debt profile stands out...

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Economy

China's Tariffs on U.S. Oil and LNG Could Disrupt Trade, Prompt Waiver Requests

Chinas planned tariffs on U.S. crude oil and liquefied natural gas (LNG), set to take effect on February 10, are expected to prompt traders to seek waivers, trade sources said. Beijing announced a 15% levy on U.S. LNG and...

Domino’s Australia Stock Soars 24% After Announcing Store Closures and Profitability Boost

Shares of Dominos Pizza Enterprises (NYSE: DPZ) surged 23.8% to A$36.68 on Friday, marking their largest intraday gain ever. The rally follows the companys announcement to close 205 underperforming stores, aiming to...

Bank of Canada Warns of Economic Risks from U.S. Tariff Uncertainty

Bank of Canada Governor Tiff Macklem warned that U.S. policy shifts and President Donald Trumps tariff threats are creating economic uncertainty. Speaking at a virtual conference in Mexico City, Macklem noted that the mere...

U.S.-China Trade War Threatens U.S. Crude Exports in 2025

Rising trade tensions between the U.S. and China may push U.S. crude exports lower in 2025 for the first time since the pandemic. Analysts warn that Chinese tariffs could limit U.S. oil access to the worlds largest energy...

Stock Futures Slip as Amazon Tumbles on Weak Outlook, Eyes on Jobs Data

U.S. stock index futures edged lower Thursday evening, pressured by a sharp drop in Amazon (NASDAQ: AMZN) after the e-commerce giant issued a weak revenue forecast for Q1 2025. The company projected sales between $151...

Politics

Iran Condemns U.S. Sanctions on Oil Shipments to China

Iran has strongly criticized new U.S. sanctions targeting its oil shipments, calling them illegitimate and unlawful. The sanctions, announced by the U.S. Treasury on Thursday, focus on individuals and tankers involved in...

Rubio to Visit Middle East Amid Backlash Over Trump’s Gaza Plan

U.S. Secretary of State Marco Rubio will visit Israel and key Arab nations from February 13-18, marking his first Middle East trip since President Donald Trumps controversial proposal to relocate Palestinians in Gaza. His...

Sara Duterte Prepares for Impeachment, Welcomes Father’s Support in Legal Battle

Philippine Vice President Sara Duterte said she has been preparing for impeachment since last year and welcomed her father, former President Rodrigo Duterte, to join her defense team if he wished. Speaking at a press...

Trump’s Gaza Plan Faces Global Backlash and Legal Concerns

U.S. President Donald Trump announced that Israel would transfer control of Gaza to the U.S. after the war, claiming Palestinians would be resettled elsewhere, eliminating the need for American troops. His proposal to...

Trump's Special Envoy Discusses Ukraine Conflict in Key Meeting

U.S. President Donald Trumps special envoy for Ukraine and Russia, Keith Kellogg, met with Ukraines ambassador to Washington, Oksana Markarova, for their first official discussion. Markarova described the meeting as a...

Science

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Technology

Xiaomi Hits Record High as China’s Subsidy Program Boosts EV and Tech Stocks

Xiaomi Corp (OTC: XIACF, HK: 1810) shares surged to an all-time high on Friday, fueled by investor optimism over Chinas nationwide subsidy program aimed at boosting sales of electric vehicles (EVs) and smartphones. The...

OpenAI’s Stargate AI Data Centers Face Global AI Competition from China’s DeepSeek

OpenAI is actively evaluating U.S. states for its massive Stargate AI data center initiative, aiming to secure Americas lead in artificial intelligence against China. Chris Lehane, OpenAIs chief global affairs officer,...

Tesla Raises Model X Prices by $5,000 in the U.S.

Tesla (NASDAQ: TSLA) has increased the prices of its Model X vehicles in the United States by $5,000, according to an update on its official website. The price hike applies to both variants of the electric SUV, reflecting...

Xiaomi CEO Lei Jun Signals Expansion of EV Production Capacity

Xiaomi (OTC: XIACF) is accelerating its push into the electric vehicle (EV) market, with CEO and founder Lei Jun announcing plans to expand production capacity. In a post on his social media account on Friday, Lei...

Cerebras and Mistral Achieve AI Speed Record, Challenging OpenAI and DeepSeek

Cerebras Systems, a leading AI chipmaker backed by UAE tech giant G42, has teamed up with Frances Mistral to set a new AI speed record. Mistral, an emerging player in open-source AI, aims to compete with Meta, Chinas...
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