Nigerian Banks Salary Structure


Ever wondered how much Nigerian banks pay its entry level workers?

Its been speculated that the Nigerian bank industry is the second highest salary paying organization in Nigeria today after the Oil and Gas sector.
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What most Nigerians forget is that bankers lack job security and most banks can dismiss or sack any of their staff  whenever and wherever, infact majority of Nigerian banks now recruit contract workers that can be layed off anytime and any day.

 With the highest rate of unemployment in Nigeria,fresh university graduates are willing to accept any terms and conditions offered by these banks.

 So how much do entry level bankers actually earn in Nigeria?

 Coupled with the fact that there are a lot of struggling banks out there trying desperately not to fold up.

 Nigerian Banks Salary Structure

 1. Zenith Bank Plc  Salary Structure
  • Entry level staff = ₦110,000 Monthly
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  • Per Annum = ₦1,320,000
2. Guarantee Trust Bank Salary Structure

  • GTBank 
  • Entry level = ₦ 209,000 Monthly
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3. First Bank Salary Structure
  • Entry level = ₦ 110,000 - N150,000 Monthly. 
Read Also: List Of All Banks In Nigeria 

 4. Fidelity Bank Salary Structure
  • Entry level =  ₦140,000 monthly

Read Also: Current Ranking: Best Banks In Nigeria

 5. Skye Bank Salary Structure
  • Entry level = ₦104,000

 6. Union Bank of Nigeria Salary Structure

  • Entry level = ₦180,000 - N258,000 
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7. Diamond Bank Salary Structure
  • Entry level = ₦ 240,000 
  • Trainees = ₦80,000 

8. United Bank of Africa Salary Structure
  • Entry level = ₦142,000
Read Also: Highest Paying Banks In Nigeria 


 9. Key Stone Bank Salary Structure
  • Entry level = ₦127,000 
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10. Central Bank of Nigeria Salary Structure 
  • Entry level = ₦122,000 including allowances 

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