INSTITUTIONAL GOVERNANCE AND FINANCIAL PERFORMANCE IN NIGERIA’S NATIONAL MICROFINANCE BANKS

This study examines the effect of institutional governance on financial performance National Microfinance Banks (NMFBs) inNigeria for period 2016 to 2021. Institutional was proxy by Board characteristics such as board size, independence, gender diversity, and audit committee size while measured returns assets (ROA). The adopts a descriptive research design panel multiple regression used test hypotheses study. found that diversity have significant negative effects independence positive sampled banks. From findings, concludes variables NMFBs in Nigeria. It is recommended should with at least six non-executive directors guarantee independence. also recommends an four will help enhance NMFBs.