International Journal of Applied Research in Social Sciences, Volume 4, Issue 9, November 2022 Ehiedu, Onuorah, & Osakwe, P.No. 353-369 Page 353 CORPORATE GOVERNANCE (CG) AND ITS IMPLICATION ON PERFORMANCE OF DEPOSIT MONEY BANKS (DMBs) IN NIGERIA Victor Chukwunweike EHIEDU 1 , Anastasia Chi-Chi ONUORAH 2 & Festus Chukwumah OSAKWE 3 1,2,3 Banking and Finance Department, Faculty of Management Sciences, Delta State University, Abraka, Nigeria. ______________________________________________________________________________ *Corresponding Author:Victor Chukwunweike EHIEDU Corresponding Author Email: ehieduvc@gmail.com Article Received:01-11-22 Accepted: 15-11-22 Published:20-11-22 Licensing Details: Author retains the right of this article. The article is distributed under the terms of the Creative Commons Attribution-Non Commercial 4.0 License (http://www.creativecommons.org/licences/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the Journal open access page. ______________________________________________________________________________ ABSTRACT This study examined the effects of corporate governance (CG) on performance of deposit money banks (DMBs) in Nigeria between the periods 2012-2021 (10years). The specific objective of the study is to examine the relationship between the measures of CG [Board Size (BS), Board Independence (BI), Board Gender Diversity (BGD), Audit Committee Size (ACS) and Audit Committee Independence (ACS)] and [performance of DMBs proxy with Returns on Equity (ROE)]. The data for the study would be gotten from the annual reports and accounts of the 10 DMBs on the basis of the variables under study. The type of relationship between the independent and dependent variables will be determined using descriptive statistics and correlation analysis, and the method of data analysis chosen was a multiple regression analysis using the OLS method by E-VIEW 9.0. DMBs that wish to enhance their FP, especially post covid-19, should try to OPEN ACCESS International Journal of Applied Research in Social Sciences P-ISSN: 2706-9176, E-ISSN: 2706-9184 Volume 4, Issue 9, P.No. 353-369, November 2022 DOI: 10.51594/ijarss.v4i9.411 Fair East Publishers Journal Homepage: www.fepbl.com/index.php/ijarss