SUMMARY
Corporate governance has significant impact on bank performance in Nigeria, as it entrenches and institutionalizes discipline, check and balances, regulation, control on the activities of banks.
In addition, it instils credibility, thereby encourages performance Empirical results from the analysis show that board independence, board size, board gender diversity foreign ownership and ownership concentration -which are corporate governance mechanisms are positively related to performance of banks in Nigeria.
Based on these findings, it is therefore important that appropriate and effective corporate governance structure be instated inn banks to strengthen their operations in line with set standards, codes, ethics and define operation guidelines. Since financial performance gives a blue picture of the financial status of firms, and play a critical role in investment decision of prospective investors, strong and effective corporate governance mechanisms needs to be institutionalize in Nigerian banks in line with SEC’s stipulation so as to enhance their credulity to the investing and transacting public, as well as encouraging performance, particularly for banks.
