Dr Tolulope Olarewaju

Lecturer (Tef)

Staffordshire Business School

I have been an award-winning Banker, Entrepreneur and Educator. I currently lecture on a range of topics primarily around the areas of economics, business strategy, entrepreneurship and international business.

Prior to graduating with a BSc (Hons) in Economics from Babcock University, I ran my own successful technology enhancing and supply business and continued to run it after graduating. Upon graduation, I joined Zenith Bank Plc and won awards for 1st place (exams) and most outstanding team player from the bank during the orientation program. I left Zenith Bank in 2009 to pursue my MSc studies in International Economics at the University of Birmingham where I was a student representative and founding society president.

I obtained my PhD in Management (Economics) from Aston University, where I served as a Sessional Lecturer and also in several capacities to enhance the student learning experience with the Students Union. My PhD thesis focused on entrepreneurship. I am passionate about creating opportunities, economics, education, social mobility, empowerment and business.

Professional memberships and activities

  • Higher Education Academy (Senior Fellow)

  • Member Chartered Management Institute (MCMI)

  • Royal Economic Society (Member)

  • Academy of Management (Member & Reviewer) Entrepreneurship Division Best Reviewer Award (2015)

  • European Council for Small Business and Entrepreneurship (Member)

  • European Institute for Advanced Studies in Management (Member)

  • Beta Gamma Sigma (Member)

  • British Academy of Management (Member)

  • Regional Studies Association (Member)

Academic qualifications

  • PhD Economics, Aston University (2016);
    Thesis: Linking Labour Force Participation, Education, Labour Wages and Household Consumption in Developing Countries; Push and Pull Effects in Self-Employment - Evidence From Nigeria.

  • MSc International Economics, University of Birmingham (2010);
    Thesis: Globalization & Gender Inequality.

  • Post Graduate Certificate in Teaching and Learning in Higher Education (2014);
    Thesis: Expectations of Technology in Learning Enhancement.

  • BSc Economics (Hons), Babcock University (2007);
    Dissertation: Agriculture as a Means of Economic Empowerment (A Case Study of the Zimbabwean White Farmers Project).

  • Professional Diploma in Information Technology, NIIT (2007).


Economics, International Business, Business Strategy, Entrepreneurship, Corruption, Microfinance, Research, Analysis of Large Data-sets, Econometrics/Econometric Software, Lecturing and Presentation, PhD Supervision.

Research interests

I am currently leading a British Academy funded research project investigating the specific challenges that British business owners faced during the COVID-19 pandemic and lockdown, the strategies that they used to keep their businesses afloat, and how they engaged with financial and regional support.


Are you a business owner in the UK? To take part in our survey to investigate the Impact of COVID-19 on British Businesses, please click here: http://staffordshire.qualtrics.com/jfe/form/SV_0TXejZzUmNO8fTD


My general research interests centre on entrepreneurship, international business, macroeconomics, microeconomics, business strategy, corruption, institutional quality and areas encompassing applied, social, labour and development economics. I am particularly interested in research that might have policy implications as well as areas incorporating business strategy and poverty reduction.”


  • Economics for Managers (ACCT40302)
  • Business Economics (ECON40110)
  • Microeconomics (ECON40117)
  • Macroeconomics (MKTG50305)
  • Entrepreneurship (ENTP70083)
  • Research Methods (04N11015)
  • Strategic Management in Organisations (STRA60093)
  • International Business (IBUS70004)
  • Economic Analysis of the Firm (ECON70104)
  • Teaching Excellence Fellow

Additional Responsibilities

Course Leader

  • Business Management (Accelerated) FdA

  • Business Management (Accelerated Top-Up) BA (Hons)

  • MSc International Business Management


Olarewaju T, Ibrahim R, Gallage S. (2021). E-transparency and Government Budgetary Corruption: A Social Marketing and Transformation Case from Nigeria. Electronic Journal of Information Systems in Developing Countries. DOI:(10.1002/isd2.12167). URL: https://onlinelibrary.wiley.com/doi/full/10.1002/isd2.12167

Mickiewicz T, Olarewaju T. (2020). New Venture Evolution of Migrants Under Institutional Voids: Lessons from Shonga Farms in Nigeria. International Small Business Journal. ABS 3. DOI (10.1177/0266242619896266).
URL: https://journals.sagepub.com/doi/full/10.1177/0266242619896266

Olarewaju T, Mickiewicz T, Tamvada P. (2019). The Returns to Occupations: The Role of Minimum Wage and Gender in Nigeria. World Development Perspectives Journal. DOI (10.1016/j.wdp.2019.02.012).
URL: https://www.sciencedirect.com/science/article/pii/S2452292917302709?via%3Dihub

Olarewaju, T. I. (2019). Can Equalising Educational Endowments Between Men and Women Create More Female Self-Employed Value in Nigeria?; Journal of Creating Value. DOI (10.1177/2394964318815313).
URL: https://journals.sagepub.com/doi/10.1177/2394964318815313

Olarewaju, T. I. (2018). Organising Household Consumption and Occupational Proportions: Evidence from Nigeria; International Journal of Organizational Analysis. DOI (10.1108/IJOA-03-2017-1141).
URL: https://www.deepdyve.com/lp/emerald-publishing/organising-household-consumption-and-occupational-proportions-E1CeQbZEba

Works in Progress

Olarewaju T, Tamvada P, Mcdowall S. Social Media, Generalised Trust and Relation Centrism for Firms’ Corruption Perception: Evidence from Low- and Middle-Income Countries.

Book Chapters and Reports

Olarewaju, T. Olarewaju, T (2020). Ethnic Poverty: Causes, Implications, and Solutions; Encyclopedia of the UN Sustainable Development Goals: No Poverty, Springer. DOI: https://doi.org/10.1007/978-3-319-69625-6_124-1

Olarewaju, T. Fernando, J. (2020). Gender Inequality and Entrepreneurship in Developing Countries; Encyclopedia of the UN Sustainable Development Goals: Decent Work and Economic Growth, Springer. DOI: https://doi.org/10.1007/978-3-319-71058-7_92-1

Olarewaju, T. Olushola, F. (2020). Migrant Entrepreneurship Under Institutional Voids; Encyclopedia of the UN Sustainable Development Goals: Decent Work and Economic Growth, Springer. DOI: https://doi.org/10.1007/978-3-319-71058-7_93-1

Olarewaju, T. (Forthcoming). Economic Factors and the Household in Relation to Supermarket and Local Market Shopping: Implications from Africa.

The Conversation Article Publications

The Conversation (2020). Tolu Olarewaju & Pawan Tamvada; “Black and minority ethnic businesses need support to weather the pandemic”, URL: https://theconversation.com/black-and-minority-ethnic-businesses-need-support-to-weather-the-pandemic-148865.

The Conversation (2020). Tolu Olarewaju; “Nigeria’s post-COVID-19 recovery plan has some merit. But it misses the mark”, URL: https://theconversation.com/nigerias-post-covid-19-recovery-plan-has-some-merit-but-it-misses-the-mark-140974

The Conversation (2020). Tolu Olarewaju; “Lockdown will hit Nigeria’s smallscale entrepreneurs hard. What can be done”, URL: https://theconversation.com/lockdown-will-hit-nigerias-smallscale-entrepreneurs-hard-what-can-be-done-135362.

The Conversation (2019). Tolu Olarewaju; “Can social media help anti-corruption drives? A Nigerian case study”, URL: https://theconversation.com/can-social-media-help-anti-corruption-drives-a-nigerian-case-study-118190 (04/06/2019)

The Conversation (2019). Tolu Olarewaju; “Being BAME often means being over qualified and under paid – here’s how pay reporting could help”, URL: https://theconversation.com/being-bame-often-means-being-over-qualified-and-under-paid-heres-how-pay-reporting-could-help-99338 (05/04/2019)

The Conversation (2019). Tolu Olarewaju; “Nigerian women entrepreneurs draw the short straw on education levels”, URL: https://theconversation.com/nigerian-women-entrepreneurs-draw-the-short-straw-on-education-levels-112843 (06/03/2019)

The Conversation (2019). Tolu Olarewaju & Vanessa Oakes; “Lessons from Nigeria on how public engagement can curb corruption”, URL: https://theconversation.com/lessons-from-nigeria-on-how-public-engagement-can-curb-corruption-110626 (30/01/2019)

The Conversation (2018). Tolu Olarewaju; “How Nigeria can attract and keep the right kind of foreign direct investment”, URL: https://theconversation.com/how-nigeria-can-attract-and-keep-the-right-kind-of-foreign-direct-investment-107611 (04/12/2018)

The Conversation (2018). Tolu Olarewaju; “Nigeria’s Plan to Redistribute Recovered Corruption Money Needs a Rethink”, URL: https://theconversation.com/nigerias-plan-to-redistribute-recovered-corruption-money-needs-a-rethink-99947 (18/07/2018)

The Conversation (2018). Tolu Olarewaju; “How Britain can remain a soft power superpower after Brexit”, URL: https://theconversation.com/how-britain-can-remain-a-soft-power-superpower-after-brexit-97405 (30/05/2018)

The Conversation (2018). Tolu Olarewaju; “Snakes and Monkeys are Getting the Blame for Corruption in Nigeria”, URL: https://theconversation.com/snakes-and-monkeys-are-getting-the-blame-for-corruption-in-nigeria-92779 (8/03/2018)

The Conversation Link: https://theconversation.com/profiles/tolu-olarewaju-405190

Researchgate Link: https://www.researchgate.net/profile/Tolu_Olarewaju2

Conference Papers

Zhao, F., Fasholar, O., Olarewaju, T., Moran, F., Dobson, P., Reszka M., Mitchel, K. (2021) ‘How Hybrid Learning Can Enhance Student Experience and Teaching Outcomes in the Wake of Covid-19 - A Case Study of a Business School in the UK,’ 35th EBES Conference Proceedings, pp. 387-405, April 7-9, 2021, Rome, Italy.

Olarewaju, T. ‘Covid-19 and Black Asian and Minority Ethnic (BAME) businesses’ Online Workshop on Advances in Migrant and Refugee Entrepreneurship Research - New Directions in Research and Practice, Aston University, UK. Sep. 2020

Olarewaju, T & Hirekhan, M. ‘The Use of Open & Active Engagement in Budget Transactions to Reduce Corruption: Inductive Lessons from Nigeria’ British Academy of Management Conference, Aston University, UK. Sep. 2019

Olarewaju, T & Mickiewicz, T. ‘Migrants’ New Venture Evolution under Institutional Voids: Unique Lessons from Shonga Farms’ Academy of International Business Conference, Copenhagen Business School, Denmark Jun. 2019

Mickiewicz, T & Olarewaju, T. ‘Evolution in Transaction Costs and Ownership Structure of Public-Private Partnerships: Shonga Farms in Nigeria’ Academy of Management Conference, Chicago, USA (doi/abs/10.5465/AMBPP.2018.11006abstract) Aug. 2018

Olarewaju, T, Tamvada, P. & Mcdowall, S. ‘Corruption, The Great Value Destroyer:
The Role of Generalised Trust in Social Networks, Social Media Participation and Legal Institutional Quality’ First Global Conference on Creating Value, Chartered Management Institute, De Montfort University, UK May. 2018

Olarewaju, T. ‘Patterns in Education & Self-Employment’ Research in Entrepreneurship (RENT), Luxembourg Nov. 2014

Top 250 Young University

Times Higher Education Young University Rankings 2020

Top 15 for Teaching Quality

The Times and The Sunday Times Good University Guide 2021

Top 15 for Social Inclusion

The Times and The Sunday Times Good University Guide 2021

Midlands University of the Year

Midlands Business Awards 2020