CORPORATE GOVERNANCE PRACTICES AND PERFORMANCE OF UNITED BANK FOR AFRICA PLC. MAIDUGURI MAIN BRANCH

ABSTRACT The purposed of this research work is to assess the effect of corporate governance practices and performance of United Bank for Africa Plc. Maiduguri Main Branch. The study population is (150) management staff of United Bank for Africa Plc and sample frame is (93), the study used data collected from the both primary and secondary sources. Data collected from the randomly sampled respondent were presented and analyzed with the aid of the sample percentage table and the hypothesis was tested using Chi-Square. The findings of this study revealed that there is a positive impact of Ethical Financial Reporting on transparency and accountability of Nigerian banks. The study recommended that the banking industry reporting structure should adhere strictly to the financial reporting framework issued by the International Financial Reporting Standards for better and more acceptable financial reports and Efforts should be made by corporate Institutions to adopt corporate Governance principles by attaching great importance to issues of transparency, accountability, ethical operations, good management practices and so on, the absence of which has been the primary cause of corporate failures and distress.