This study examined the effect of board characteristic on firm value of listed industrial goods firms in Nigeria. The study adopts Expo-factor research design and the population of thirteen listed industrial goods firms on Nigeria Exchange Group for the period of ten (10) years from 2013-2022. Secondary data was collected from the published annual report of the understudy firms. The research used panel regression to analyzed data. The study revealed that board size and board independent has a positive and significant effect on firm value of listed industrial goods firms while board diversity was shown to be insignificantly affecting firms value of listed industrial goods firms in Nigeria. Based on the findings the study concluded that board characteristics has significant effect on firms’ value of listed industrial goods firms in Nigeria, except for board diversity which was found to be positive but insignificant effect on firms’ value. It is therefore recommended that industrial goods firms should promote diversity and inclusion throughout the organization, by ways of fostering diversity in all levels and departments, companies can benefit from a wider range of perspectives, which may ultimately contribute to improved firms value. Also, industrial goods firms should carefully consider their board size and objectives to find an optimal balance. Increasing board size within reasonable limits can lead to improved firms value. Finally, industrial goods firms should prioritize increasing the level of board independence. This can be achieved by appointing more independent Directors who have no affiliation or conflicts of interest with the company or its Management.