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This Is How Much Top Nigerian Banks Pay Their Staffs Monthly - Jobs/Vacancies - Nairaland

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This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by blessingee: 8:08pm On Aug 10, 2015
The banking sector in Nigeria is one of highest paying sector as far as salaries are concerned. What banks pay their workers however differs from bank to bank.
This is partly due to the fact that there are no particular regulations that stipulate what private organisations should pay their workers.
Also, the financial strength, customer base and performance of the bank are other factors responsible for how much a bank pays.
Here is what some Nigerian banks pay their staff in Nigeria.

1. ZENITH BANK
Zenith bank which is regarded as one of the most stable and reliable banks in Nigeria as of today pays its entry level staff about N110,000 (One hundred and ten thousand) monthly, which comes to about N1,320,000 (One million, three hundred and twenty thousand Naira) per annum.
This is reasonably good enough for young graduates who know what they are doing.
Suffice to say that this payment subsists only for the probation period of about a year, after which the salary increases.
2. FIRST BANK
As the name implies, First Bank is seen by many as the strongest bank in Nigeria and the bank has many achievements to prove this point.
First Bank’s pay for its entry level staff goes between N90,000 to N110,000 monthlydepending on department or unit. And this increases with confirmation and as you grow in rank within the system.
Though FBN is the oldest bank in Nigeria, many people still prefer to work there because they believe that the chances of job security here are higher than some new generation banks.

3. GT BANK PLC
GTB stands as the bank of the masses, yet maintaining a very positive and professional outlook.
GTB pays her staff at entry level the sum of N209,000 per month after confirmation, which makes it one of the highest paying banks in Nigeria.

4. SKYE BANK
Skye Bank is also one of the oldest banking institutions in Nigeria, considering their antecedents. Skye Bank uses age 24 as the benchmark for entry level employees and pays N2.7 million per annum after confirmation.

5. FIDELITY BANK
Fidelity is one of the new generation banks, but has done quite well within a short period of its existence. The bank started as a Mortgage bank in 1988 and converted to a commercial bank in 1990.
On the salary scale, it is doing pretty well too for its staff.
Fidelity pays about N140,000 monthly at entry level, an amount many young graduates will agree is good enough to startplanning life within Nigeria.

6. CENTRAL BANK OF NIGERIA
It is also good to know what the apex bank pay its staff. CBN does one month training for its new intakes and pays N122,000 per month afterwards.
This is aside the many mouth-watering allowances. Many industry watchers say CBN is the master when it comes to allowances. So what is lacking in actual salary is made up for in allowances.
Do you work in a bank or have relations working there? You can add a comment to give us an idea how much the bank pays.
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by ladyF(f): 8:10pm On Aug 10, 2015
Hmmm
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by powerfulsettingz: 8:11pm On Aug 10, 2015
How much do a a senator collect?

3 Likes

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by kestolove95(m): 8:14pm On Aug 10, 2015
And unity bank pays #65k for entry level ba
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by delishpot: 8:30pm On Aug 10, 2015
Politics pays better. National cake is shared and re shared at that level.
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by jaykaylegend(m): 8:56pm On Aug 10, 2015
Hmmmmm
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by smsshola(m): 9:34pm On Aug 10, 2015
Imagine a councillor going wt a better pay and other allowance.. yet a graduate go after 30 working days wt 150k maximum nd op is saying k..shoro niyen.

4 Likes

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by MacMaster01(m): 9:45pm On Aug 10, 2015
i beg to disagree tongue

1 Like

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Caracta(f): 9:51pm On Aug 10, 2015
Wonder where you guys pull these figures from.

6 Likes 1 Share

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Adesiji77: 9:59pm On Aug 10, 2015
Caracta:
Wonder where you guys pull these figures from.

I wonder o...besides, this topic has been featured before and I think it made FP then.

Cc: lalasticlala

1 Like

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by engrlarex(m): 10:07pm On Aug 10, 2015
banking jobs is one of the worst job in Nigeria....to a large extent it's wrong for a conscious muslim to work in a bank








#dontquoteme

2 Likes

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Yungmilio2(m): 10:34pm On Aug 10, 2015
skye bank pay is cool
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Nobody: 10:38pm On Aug 10, 2015
engrlarex:
banking jobs is one of the worst job in Nigeria....to a large extent it's wrong for a conscious muslim to work in a bank








#dontquoteme
But a conscious muslim can operate a savings account in the bank and can also collect money from those working in the bank right? undecided confused soul grin

6 Likes

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Nobody: 10:56pm On Aug 10, 2015
Adonbelivit!

1 Like

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by engrlarex(m): 11:27pm On Aug 10, 2015
FriedPlantain:
But a conscious muslim can operate a savings account in the bank and can also collect money from those working in the bank right? undecided confused soul grin

Oga ade shey ori e pe sha, kin temi ati e. koranu kuro lo'na funmi.

11 Likes

Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by naturalwaves: 11:38pm On Aug 10, 2015
Access bank 237,000 naira per month for entry level.
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Olufemiolaolu(m): 11:41pm On Aug 10, 2015
kestolove95:
And unity bank pays #65k for entry level ba
Hmmmmm unity bank marketer job go fit u oooo grin
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by lonelydora: 6:25am On Aug 11, 2015
Caracta:
Wonder where you guys pull these figures from.
I wonder too......... Nigerians are experts in every field.
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Nobody: 6:57am On Aug 11, 2015
And yet the tellers look hungry..
Op,how much does Baba Kadiri Alajo pays his secretary?
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by darazonian(m): 8:47am On Aug 11, 2015
cool, but the that of first bank is too small woo.
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by eleko1: 9:25am On Aug 11, 2015
wink
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by blessingee: 10:10am On Aug 11, 2015
grin
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by seyidollar4real: 10:35am On Aug 11, 2015
diamond nko?
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by MCJIKEL22(m): 10:55am On Aug 11, 2015
how correct is this?,whats your source?
Re: This Is How Much Top Nigerian Banks Pay Their Staffs Monthly by Seun(m): 11:21am On Aug 11, 2015

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