Our History

Prof. Samuel Mbadike Nzotta


BSc., MSc., PhD
Email: samuel.nzotta@futo.edu.ng

A Brief Citation


  • PhD Banking & Finance FUTO
  • M.Sc. (Hons), University of Benin, Benin
  • B.Sc (Hons), Finance (Second Class Upper) University of Nigeria, Enugu Campus.


  • Council for Development of Social Science Research in Africa (CODESRIA) DAKAR
  • SENEGAL. RESEARCH GRANT for PhD Programme, 1994/1995

Membership of Professional Bodies

  • Fellow, Nigeria Institute of Management (FNIM)
  • Chartered Institute of Bankers (ACIB 1) (Part Qualification)
  • Institute of Chartered Accountants of Nigeria (ICAN) (Part Qualification)
  • Fellow, Chartered Institute of Administration (FCIA), Lagos
  • Fellow. International Academy of Business and Behavioural Sciences (FABBS) Connecticut, USA
  • Fellow, Public Administration and Management Development Institute (FPAMDI)
  • Certified Public Accountant (CPA) Institute of Certified Public Accountants, of Nigeria ICPAN

Courses Assigned to Teach

  • FMT 712 Principles of Investment
  • FMT 962 Investment Management II
  • MGT 802  Financial Management
  • FMT 840 Corporate Finance & Technical Analysis
  • FMT 508  Human Resource Management
  • FMT 504  Advanced Financial Management
  • FMT 513 Bank Management
  • FMT 502 Business Ethics
  • FMT 405 Corporate Finance
  • FMT 307 Money & Banking

Work Experience

Relevant Professional Experience in Industry

  • Senior Assistant Manager, Afribank Nigeria Pic, Agenebode/Uyo (1982-1992)
  • Principal Consultant, Essence Consultants Nigeria, Lagos (Management Consultants) (1993-1995)
  • Executive Director, Essence Finance Co. Ltd. Lagos  1993-1995 Director, Amaojl Community Bank, Amaoji Isiala Ngwa 1995-1996
  • Consultant National Association of Small Scale Industrialists, Abia State Chapter (Youth Empowerment and Business Development Schemes) 1993-1994.
  • Resource Person/Consultant, Niger Delta Development Commission, Development of the NDDC Master Plan Project on Agriculture, Aquaculture and Agri. Business for the Niger Delta States, 2002/2003.
  • Resource Person, Technology Business Incubator Project, Aba, Federal Ministry of Science and Technology, Industrial Development, Youth. Empowerment & Job Creation 1999-2003.
  • Managing Consultant, Essence Consultants, Lagos, Implementation of Training Programmes on Youth Empowerment, Job Creation and Conflict Resolution, Owerri 1993-1994.
  • Managing Consultant, FUTO Consult Ltd, Owerri. Implementation of FADAMA 11 Project Economic Studies and Community Development Programs for Imo FADAMA Project, 2003-2004
  • Resource Person, Workshop on Revenue Mobilization in the Local Government Areas, Owerri, Revenue Mobilization and Fiscal Commission, Abuja, 2003, 2004.
  • Resource Person, Workshop on Revenue Mobilization in the Local Governments, Imo State-Sponsored Workshop Owerri, 2004,
  • Managing Consultant, Workshop on Internal Auditing in the Local Governments, Organized, by the FUTO Consult Ltd. Owerri in Association with the Dept of Intergovernmental Affairs, the Presidency, Abuja.
  • Lead Consultant/Resource Person, Central Bank of Nigeria/FUTO Consult, Microfinance Bank Accreditation Programme, 2012 – Date.
  • Director, FUTO Microfinance Bank Ltd., Owerri 201.3-Date.


  • Lecturer 1, Dept of Project Management Technology
  • FUTO, Owerri   –    1995-1999
  • Senior Lecturer, FUTO, Owerri.   –   1999-2003
  • Reader (Associate Professor) FUTO, Owerri    –   2003-2009
  • Professor of Banking arid Finance, Financial Management Technology, FUTO  –   2009-Date.
  • Visiting Scholar, Dept of Banking and Finance, University of Port Harcourt, Port Harcourt (Sabbatical)   –  2006-2007
  • Visiting Scholar, Dept of Banking and Finance, Chukwuemeka Odumegwu Ojukwu University Igbariam Anambra State 2006-2018
  • Visiting Scholar Abia State University Department of Banking & Finance, Uturu   (Sabbatical)    – 2017-2018
  • Visiting Scholar, Imo State University Owerri    –   2016-2019



  1. Nzotta, S.M, Anuolam, M. and Asiegbu, M.C (1999) Security Selection in the Nigerian Capital Market using Reward to Volatility Criterion Project Management Journal, 2.(1)
  2. Nzotta, S.M. and Okorafor G-F (1999) Bank Credit Administration” Journal of Arts and Social Science 1, 88-108
  3. Nzotta, S.M. and Ebiringa, T, (2001) Mergers and Acquisitions as Survival Strategy Journal of Professional Administration 2. (2) 5-11
  4. Nzotta, S.M. (2002) The Nigeria Capital Market Challenges and Opportunities Journal of Professional Administration 3,(1).
  5. Nzotta, S.M. (2002) Process Design in Small Scale Industries Inter Word Journal of Management and Development Studies, 11, 1, 99-108
  6. Nzotta, S.M. (2002) The Role of proper information Management Systems in Local Government Administration Journal of Liberal Studies 9. (1)
  7. Nzotta, S.M, (2003) Globalization and the Nigerian Banking System: A Conceptual Framework International Journal of Economic Indicators S, 3 & 4.
  8. Nzotta, S.M (2003) Micro Credits and Poverty Alleviation in Nigeria: A Conceptual Framework International Journal of Economic Indicators, 9. (2)
  9. Nzotta, S.M. and Okereke E.J (2004) Exchange Rate Policies and Economic Growth: An Investigation of tho Nigerian Experience (1979-2001) Journal of Economic Research^ 11. (3) July-Sept.
  10. Nzotta, S.M. and Onwusonye S. IJ (2004) Project Finance: A Panacea for Efficient Procurement and Delivery of Turnkey Projects, Journal of Institute of Quantity Surveyors, 11, (3) July-Sept.
  11. (2005) Bank Consolidation and Economic Development of Nigeria International Journal of Economic Indicators; 10. (3) July-Sept. www, nesgroup.org.
  12. Nzotta, S.M. (2005) An Overview of Capital Projects Financing in the Local Governments of Nigeria, The Journal of Institute of Quantity Surveyors. 53. (4) Oct. Dec.
  13. Nzotta, S.M. (2006) Financial Accounting Information and Stakeholders Expectations within in the Global Economy Journal of professional Administration. 7. (1)
  14.  (2006) The Challenges of Post Consolidation Banking in Nigeria, Journal of Economic Indicatorsh12. (2) www.nesgrouporg.
  15. (2007) Word Development Report 2007, Development and the Next Generation, Economic Indicators; 13. (4) www.nesgrouphorg.
  16. Nzotta, S.M. and Osuka, B. 0 (2003) Effects of Agricultural Finance on the Economic Development of Nigeria International Journal of Agricultural and Rural Development 11 (2) www.ajol.jQurnals/ijard,
  17. Nzotta, S. M, (2003) Corporate Governance in Post Consolidation Insurance in Nigeria Journal of Banking and Financial Studies
  18. Nzotta, S. M,(2007) Tax Evasion Problems in Nigeria: A Critique. The Nigerian Accountant. Journal of the Institute of Chartered Accountants of Nigeria, 40. (2)
  19. Okereke, E. J. and Nzotta, S, M. (2009) Financial Deepening and Economic Development of Nigeria African Journal of Accounting Economics, Finance and Banking Research, 5.(5) wwwjjeb.comi
  20. Okereke E. J. and Nzotta, S. M. and Awujo, A. C (2009) An Evaluation of the Implementation of Nigeria Public Projects Based on Basic Success Factors International Journal of Finance and Policy Analyst 2.1.12-30,
  21. Okereke, E. J. and Nzotta, S. M., Anyanwu, G, I. (2009) Exchange Rate Fluctuations and Government Influence on the Economy: A Causality Survey (1970-2006), Journal of Finance, Banking and Investment,
  22. Nwachukwu  C. C. and Nzotta, S. M. (2010) Quality Factor Indexes: A Measure of Project Success Constraints In a Developing Country. IJCRB Journal, 2. (2).
  23. Ajelekwu, B. U., Nzottar S. M., Ezeabasili, V. N. (2013) Trade Openness, Stock Market Development and Economic Growth of Nigeria: Empirical Evidence, Research Journal of Finance and Accounting 4, (3).
  24. Alejekwu, U. B., Nzotta, S. M. and Udoka, B. (2012) International Trade Flows and Economic Growth: Experience from Nigeria, International Journal of Economics and Finance, 4.(4)
  25. Nzotta, S.M. and Nzotta, Amaka Ujunwa (2014) Public Administration and Efficient Public Service Delivery in a Globalized Economy: The Nigerian Experience Management in Nigeria. 24.
  26. Ugboaja,  P, C, Nzotta, S, M. and Ogbo, S. I. (2013). Role of Trade Associations: How Does it Affect Entrepreneurial Framework Conditions in Nigeria’s Transport Industry? Journal of Economic and Sustainable Development 4. (5)
  27. Osuji Casmir C., Nzotta S.M., O.T, and Chigbu. E.E. (2015) Money Control Indicators and Investment in Nigeria, International Journal of Innovation and Economic Development, 1. (2) 14-23,
  28. Onwusonye, SIJ & Nzotta, S.M (2016) An Investigation of the Determinants of Cost of Capital for Public Turnkey Building Projects in Nigeria, International Journal of Management and Sustainability. http/www.pakinsight.com/journals/ijms.htm.  
  29. Onuorah, C.C, Nzotta, S.M., Ozurumba, B.A. and Chigbu, E.E. (2015) Impact of Selected Economic Indicators on Foreign Investment Inflows in Nigeria and South Africa: Optimal Indicators, International Journal of Management Sciences and Business Administration 1. (7) June 3-13.
  30. Qbialor, M.C, Nzotta, S.M, and Obialor, C, B (2006) Effect of Government Agriculture Investment on Economic Growth in Sub-Sahara Africa: Evidence from Nigeria, South Africa and Ghana, International Journal of Trend in Scientific Research and Development, www.ijtsrd.com 1,5.
  31. Izunobi, A.C, Nzotta, S. M., & Ebirringa, O.T (2017) Macroeconomic Variables ad Stock Market Returns Volatility, European Journal of Business and Management, New Jersey.
  32. Osakwe, A.C, Ibenta, S.N.O & Nzotta, S.M (2019) Monetary Policy and the Performance of the Crude Petroleum and Natural Gas Sector in Nigeria. 1986-2017, Journal of Academic Research in Economics and Management Science, 8, 11.
  33. Okoro, C.O., Nzotta, S.M & Alajekwu, U.B (2019) Effect of International Capital Flows on Economic Growth of Nigeria, International Journal of Science and Management Studies (IJSMA), 2,1 www.ijsmsjouranl.org



  1. Nzotta, 5. M. (2014) Money, Banking and Finance: Theory and Practice, Owerri, Osprey Publishers.
  2. (2001)  Financial Accounting: Theory and Practice,  Owerri, divert Industrial Publishers.
  3. (2004) Corporate Financial Decisions)_l & 11, Owerri, Olivert Industrial Publishers.
  4. (2010) Human Resource Management. Owerri, Olivert Industrial Publishers.
  5. (2018) Dynamics of Bank Leading and Credit Management, Owerri Treasure Books, Skill Mark Media