The study examined the impact of banking innovations and banks performance in Nigeria from 2005-2023 using data from Central Bank of Nigeria statistical bulletin 2023.The study adopt Autoregressive Distributed Lag model (ARDL) based on the diagnosis unit root test. Finding from the study revealed that Automated teller machine and point of sale have insignificant impact on performance of banks in both the short and long run periods, while mobile banking and point of sale (POS) machine transactions have significant impacts on performance of banks in both the short and long run periods. Findings also revealed bank size and inflation are significant factors contributing to banks performance in Nigeria in the long run compared to other private investments which were insignificant in the long run. Further findings revealed that private investments and inflation rate were statistically significant in the short-run period while bank size was insignificant in the short-run period and this call for intensification of effort to increase the asset of banks in Nigeria. The study recommends that the major determinants of banks performance among the variables captured in the study are mobile banking, point of sale, mobile banking and bank size. The insignificant impact of Automated Teller Machines (ATMs) on banks‟ performance calls for provision of adequate Automated Teller Machines (ATMs) by commercial banks in the country, especially in the rural areas where banks penetration is low so as to increase the speed of banking transactions thus leading to increase in banking performance.