This study examined the Impact of Information and Communication Technology and financial innovation on the performance of commercial banks in Nigeria, using conveniently selected eleven Commercial Banks in the country. The study used the banks' annual data and Central Bank of Nigeria facts book over the period 2001 to 2013. The study applied ordinary least square (OLS) in its analysis to ascertain the impact of E-Banking services and ATM on the performance of commercial banks in Nigeria. The findings of the study indicate that an increase in banks' profitability performance increases commercial banks' Return on Equity (ROE). Investments in e banking services and ATMs do not really improve banks' performance. The study recommends among other things that more emphasis should be on corporate governance and policies that will increase proper and efficient utilization of financial innovation gadgets rather than simply acquiring additional investments. Keywords: e-banking, Information Communication Technology, and Automated Teller machines INTRODUCTIONThe importance of Information and Communication Technology (ICT) and Innovations in banking system cannot be over emphasized. An ICT innovation has become an indispensable tool to improve the human lives and connect the nations of the world. The last decade has seen ICT dramatically transforming the world, enabling Banking innovations and productivity increases; connecting people and communities; improving standards of living and creating employment opportunities across the globe.Information and Communication Technology has become global tool for any Banking system to reach global markets. Thus every Banking system must be ICT compliance in order to survive in global competitive environment. The introduction of ICT has changed manual and traditional forms of doing business. The use of sophisticated technology based on automation and interconnection of computers and other electronic devices are becoming the norm rather than exception. For instance, ledger books, paper invoice, printed materials and business trips are being replaced with online billing and payments, elaborate website with product information and real-time teleconferencing across continents and time zones (Ojokuku and Sajuyigbe, 2012). Ovia (2001) observes that the Banking system has moved into an era of menu-driven ultra-robust specialized software programmes called Banking system applications and these applications can carry out virtually all Banking system functions relying heavily on information collection, storage, processing and transfer. Similarly, Woherem and Adeogri (2000) rightly says that only banking systems that overhaul the whole of their payment and delivery systems and apply Information Communication Technology (ICT) to their operations are likely to survive and prosper in the new millennium. Banking system should therefore re-examine their service and delivery systems in order to properly position themselves within the framework of the dictates of the dynamism of information and co...