Academic Staff Directory

OJI, Greatness Udo

NAMES:                       OJI, Greatness Udo

DESIGNATION(S):   Lecturer in Finance and Banking




State of Origin:                                            Abia State


Sex:                                                               Male


Marital Status:                                             Married




Address:                                                       Department of Finance & Banking,

                                                            Faculty of Management Sciences,

University of Port Harcourt.



Mobile:                                                          0814-700-1800,                                                                          0812-560-7979                                                                                 


 E-mail :                                                         This email address is being protected from spambots. You need JavaScript enabled to view it.   

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University of Port Harcourt, Choba, Port Harcourt.                                   2017


International Academy of Business and Behavioural Sciences

(MIABBS)                                                                                                       2015


Chartered Institute of Financial & Investment Analysts,

Nigeria (CIFIAN)                                                                                           2014                                                     

Bayero University Kano (BUK), Kano State, Nigeria                                2002 – 2004


Advance Software System Limited, Kano                                     2000  


University of Calabar, Calabar, Cross River State                                   1995-1999


Isiama Comprehensive Secondary School,                                              1988-1993

Okagwe Ohafia,  Abia State. 


 Okagwe Community School, Okagwe Ohafia .                                        1978-1984




Master of Science (M.Sc.) degree, Finance & Banking                           2017


Member, International Academy of Business & Behavioural Sciences

(MIABBS)                                                                                                       2015





Associate Member, Chartered Institute of Financial and Investment

     Analysts, Nigeria (CIFIAN)                                                                            2014  


Masters of Business Administration (M.B.A.)                                            2005


Certificate in Microsoft Office Windows                                                     2000


Bachelor of Science (B.Sc.) degree, Banking & Finance                        2000


Senior Secondary School Certificate (S.S.C.E.)                                      1993


First School Leaving Certificate                                                                  1984


CLASS OF DEGREE                                                          Second Class Upper

                                                                                                Division (CGPA 4.06)





Lecturer, Department of Finance & Banking,

Faculty of Management Sciences,                                            2014 till date

University of Port Harcourt.


            GREAT FAVOUR PLASTICS                                                       Feb 2012 – Dec 2013

            No. 2 MOHAMMED LADAN ROAD,

            KAKURI, KADUNA


ZENITH BANK PLC                                                                        Jan 2008 -Dec 2011



Position                                                                                            Relationship Manager


Functions in Zenith Bank Plc, No.7 Kachia Road


Prospecting for, and winning, customers into the books of the bank.

Ensuring that customers once won remain and do good businesses with us by ensuring that the services delivered to them are efficient and targeted at meeting their needs.


Ensuring that the bank has adequate demand deposits as a result of large deposits of cash by my customers.

Working closely with the customers and satisfying their needs with the bank’s products.

Managing relationships with customers.

Sourcing for fixed deposit accounts for the bank.

Treasury management.

Ensuring that most of my contacts have accounts and do business with my bank.

Customer service excellence.

Creating risk assets.

Managing customers with risk assets

Sales of bank’s products-credit cards, visa cards, etc.



ZENITH BANK PLC,                                                           Nov 2007 – Jan 2008




Position                                                                                HEAD OF OPERATIONS


Functions/Achievements in Zenith Bank Plc


1. I take charge of all vault and treasury activities of the branch there.



2. I reconciled a backlog of un-reconciled outstanding ledger balances upon my resumption in the branch. And as a custodian of the branch’s books, the onus is on me to do first-hand reviews of branch’s general ledger accounts and reconciliations in line with the policy provisions of the bank


3. Introduction of cost-saving mechanisms.


4. I ensure that the branch’s relationship with the Central Bank was more cordial thus helping the branch to effectively manage our cash and there is thus no incident of excess cash that would yield no income to the branch.



5. Through efficient and effective customer service delivery, I ensure that most of the customers that come to branch are treated in such a manner that they have reasons to do repeat business with us.


 6. The co-ordination of the training of staff at all levels in the branch is my responsibility. This involves liaising with both Head Office and the facilitators to ensure that the training topics are well delivered. Where there is need for the trainings to be done outside the bank’s premises, I also arrange the necessary logistics to ensure smoothness of the trainings.



ZENITH INTERNATIONAL BANK PLC                                                  NOV 2007




062-233373, 233372, 233371


POSITION                                                                             HEAD OF OPERATIONS






BRANCH OPERATIONS MANAGER                 JAN 2006- NOV2007

1. Overseeing all the branch operations and activities.

2. Ensuring an effective and efficient customer service delivery in line with the bank’s goal of “Happy Customer, Happy Bank”


3. Conducting of in- house training programmes for staff.

      4. Custodian of the branch’s vault activities and assets.

5. Reviewing of all the branch’s General Ledger proofs and reconciliations on a weekly, bi-weekly and monthly basis.

6. Ensuring staff compliance to the bank’s policies and procedures.

7. Marketing of the bank’s products and services.



CASH OFFICER                                                                  DEC 2005 –JAN 2006


1. Supervision of Cash and Teller operations

 2. Balancing of the branch’s vault cash Book

 3. Deputizing for the Branch Operations Manager in his absence

 4. I was in charge of all in-house training of staff. Being a superior officer in charge of all cash activities, the responsibility was mine to teach the junior officers both in Funds Transfer and in Cash and Teller units.

 5. Reconciliation of ledgers, inter-branch and CBN accounts



INTERCONTINENTAL BANK PLC                                             Nov 2002 – Nov 2005




Functions in Intercontinental Bank Plc



Receipt & payment of cash and cheques

Collection of bills on behalf of some parastatals

Ensuring efficient and effective service delivery to customers



Draft / Manager’s Cheques Processing

Effecting Local / International Funds Transfer

Reconciliation of Ledgers, Inter-branch and CBN Accounts



UNITED BANK FOR AFRICA Plc                                                Aug 2001-Nov 2002    No. 4B Bank Road, Kano


Functions in United Bank for Africa Plc, Bank Road, Kano



1. In reviewing inward and outward Clearing Cheques  I discovered that some clearing staff had the habit of not returning cheques of some customers who, being their cronies issued cheques on unfunded accounts. This saved the branch a loss of N223.4M from fraudsters. By so doing, almost every month continuously the branch was saved from losses that could have resulted from either neglect or willful desire to cheat the bank by staff.


2. In reviewing Daily Clearing Balances sent to UBA Head Office  Central Clearing, I could ascertain the real position of our branch’s balance at any point in time..

3. Monitoring of Clearing General Ledger Accounts and

Reconciling Inward and Outward Clearing Accounts helped the branch to monitor when our customers were moving funds from their accounts to other banks. In a particular month, this monitoring saved us from losing three key customers whose businesses earned the branch a total of N200M in COT and management fees.

In preparing weekly proof of CBN Clearing Accounts, I could ascertain whether CBN has or not posted the correct figures for the branch. This always helped to ensure that our clearing balance with CBN was never manipulated against the bank/branch.



Processing of drafts / Manager’s Cheques 

Effecting Local / International Funds Transfers

 Reconciliation of Ledgers, Inter-branch and CBN Accounts

Processing of Form M and Letters of Credit, LCs.

Treasury management.



Receipt & payment of cash and cheques across the counter

Receipt of Customs and NITEL bills payments.

Accounts reconciliation.

Vault balancing.

Confirmation and vaulting in of cash from note-counters and tellers.


NATIONAL YOUTH SERVICE CORPS ( NYSC)                      June 2000-July 2001

United Bank For Africa Plc

No. 4B Bank Road, Kano.              


MAINS VENTURES LIMITED                                                       MAY1994-JULY 1995





POSITION                                                                                          STORES OFFICER


Hobbies: Reading, Working and Watching football
















Mojekwu, R.; Nwinee, B.F. and Oji, G.U. (2014)

Determinants of Foreign Debt Services in Nigeria

This is an empirical study and analysis of the determinants of foreign debt services in Nigeria, using an econometric test of exchange rate, External reserves, Net export, external debt stock and foreign debt services in Nigeria and their relationships. The log linear specifications of the equation were significant in explaining variation in macroeconomic behaviour in Nigeria. The study reveals that the combined effect of Exchange rate, external reserves, net exports and external debt stock jointly affects the foreign debt services in Nigeria. New loans contracted at all levels of governments in the country must of necessity be for inevitable and important economic reasons and such projects must have a return on investment exceeding the servicing requirements. Strict adherence to the borrowing guidelines as stipulated in the DMO Act will limit the escalation of the external debt stock. On the other hand, government should avoid piling debts when due. There is need to adopt the strategy of ‘industrial targeting or industrial policy’. This means having the government and industries agree in advance on which industrial lines that need the most encouragement and subsidy, grooming them as future export specialties. This will increase availability of foreign exchange, improve our foreign debt servicing and lead to a decline in the probability of default. The government should build up foreign reserves with the excess earnings from oil rather than sharing it. The nation can fall back to it when there is a decline foreign exchange earnings caused by the uncertainty and volatility of oil prices or other factors.


Ibe, R.C. & Oji, G.U. (2016)

Government Expenditure, Inflation and Unemployment: A Post SAP Analysis of the Nigerian Evidence

This study empirically examined the relationship between government expenditure and some macroeconomic variables namely inflation rate (INFR) and unemployment rate (UNEM) from 1985 to 2013 (Post SAP). Data used was time series and secondary obtained from Central Bank of Nigeria (CBN) Statistical Bulletin. This study adopted econometric tools in its data analysis. Government expenditure was decomposed into recurrent and capital expenditure. There is a long-run relationship between inflation rate (INFR), capital expenditure (CEXR) and recurrent expenditure (REXR). The relationship between inflation rate (INFLR) and recurrent expenditure (REXR) is negative and insignificant. The negative sign is in disagreement with a priori expectations. Inflation rate (INFR) and capital expenditure (CEXR) is positive but insignificant. There is no causal relationship between inflation rate (INFLR), capital expenditure (CEXR) and recurrent expenditure (REXR). Test results also indicate a long-run equilibrium relationship between unemployment rate (UNEMR), recurrent expenditure (REXR) and capital expenditure (CEXR). There is a negative and significant relationship between unemployment rate (UNEMR) and recurrent expenditure (REXR). The negative relationship agrees with a priori expectations. On the other hand, relationship between unemployment rate (UNEMR) and capital expenditure (CEXR) is positive and insignificant. There is also no causal relationship between unemployment rate (UNEMR) and recurrent expenditure (REXR). There should be a substantial increase in capital expenditure for it to have a desired effect on inflation, economic growth and unemployment.


Oji, G.U. (2016)

Corporate Governance and Banks’ Performance in Nigeria

This study examined the relationship between corporate governance and bank performance in Nigeria from 2007 to 2012. The variables were Return on Assets as dependent variable while Board Efficiency, Board Independence and Board Sizes are the independent variables. Panel data were used and sourced from the Central Bank of Nigeria Statistical Bulletin and the annual financial statements and accounts of the selected deposit money banks. The stationarity of the variables was analyzed using the LM, Pesaran and Shin Unit Root test. The long run equilibrium relationship was tested via Johansen Multivariate Co-integration test. This study used the Pairwise Granger Causality Tests procedure. The results of the Lm, Pesaran, Shin W-stat, indicate the presence of unit root of the variable at level 1 (0) but became stationary after first difference. The result indicates the existence of long run equilibrium relationship. There is a causal relationship among the variables. The relationship between bank performance and corporate governance is positive and significant, implying strict adherence to corporate governance codes and practices increases bank performance. This study believes that corporate governance practices promote the efficient utilization of the resources available within the firm.


Oji, G.U. & Okedike, A.U. (2016)

THE Impact of Government Sectorial Capital Expenditure on Employment Creation in Nigeria.

This study investigates the relationship between government sectorial capital expenditure and employment generation in Nigeria. It particularly examined the relationship between government’s capital expenditure on transportation, agriculture, education, power and employment rate in Nigeria. The data used for the work were secondary data sourced from the Central Bank of Nigeria, National Bureau of Statistics and World Bank publications. The data were analyzed using e-view regression software. The Ordinary Least Square was used to determine the short-run relationship, while the Co-integration test was used to determine long-run relationships, and Granger Causality test was used to test for causal relationships among the variables. The result showed that there is significant relationship between government capital expenditure on education, power, transportation and unemployment rate. On the aggregate, government capital expenditure has an insignificant relationship with employment in the period under review. Based on the findings, we recommended that government capital expenditure on agriculture, education and transportation should be enhanced and made more effective so as to increase employment opportunities in Nigeria.


Oji, G.U. (2016)

The Impact of Oil & Non-Oil Exports on Nigeria’s Economic Growth

This work examines the impact of Oil and Non-Oil exports in Nigeria within the years 1981-2014. Data utilized for the research were collected from the statistical bulletin of the Central Bank of Nigeria and were analyzed using the Ordinary Least Square multiple regression. The findings indicate that there subsists a positive but insignificant relationship between Oil exports and economic growth of Nigeria. In cognizance of the significance of the non-oil sector in promoting economic growth in Nigeria as well as the attainment of healthy diversification, policies should be introduced to offer moratoria and other incentives to key non-oil sector so as to give support to the development of their production capacities and export earnings.













  1. Prof S. E. Kalu

      Former Dean, Faculty of Mgt Sciences, UNIPORT

      Director, Bamanga Tukur Institute of International Trade,

      University of Port Harcourt, Choba.

             0803-336-5787, 0806-950-8255



   2. Dr. I. S. Nnamdi

  Associate Dean, Faculty of Management Sciences,

       University of Port Harcourt, Choba.




 3. Engr E.E.Ibok

     Power Holding Company of Nigeria Plc,

  No. 1 Algeria Road,

  Barnawa, Kaduna, Nigeria