International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)   Year: 2022 | Volume: 6 | Issue: 11 | Page No.: 67-71 The Effect of Board independence and Audit Committee Independence on Bank Stability in Nigeria (2012-2021) Download PDF Kparobo Gloria Aroghene (Mrs.) Abstract: This study scrutinized the effect of board independence (BIN) and audit committee independence (ACI) on bank stability (BS) in Nigeria from 2012 to 2021 (10years). Secondary data sourced from the annual report of ten commercial bank from the 22 listed commercial banks in Nigeria was used for the study. The study is affixed on the agency theory. The research design employed was ex-post facto. The study analysed the data by the use of multiple regression techniques with the support of econometric view version 9. From the investigation carried out the outcomes revealed that BIN has Positive insignificant effect on BS while ACI had negative significant effect on BS. The study resolves that BIN and ACI has minor effect on bank stability in Nigeria. The study acclaim the need to enlarge the total independent members within the management body so as to enhance stability of banks in Nigeria.