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CBN Salary + Allowances - Who Actually Knows? - Career (2) - Nairaland

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The Hard Truth About Your Salary / Federal Government Set To Pay Workers’ Salary Arrears And Allowances (2) (3) (4)

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Re: CBN Salary + Allowances - Who Actually Knows? by samir101ng(m): 9:26pm On Jan 20, 2011
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Re: CBN Salary + Allowances - Who Actually Knows? by fexlist(m): 9:43pm On Jan 20, 2011
what are the least requirement to apply for the job
Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 10:15pm On Jan 20, 2011
Guys thanks a lot for all the lively posts, learned a lot.

For those wondering if they should accept the offer from a regular bank or from CBN, I say take CBN fast! I worked for a brief period in one of Nigeria's arguably top 5 banks. Trust me I know.

Well I like my present job, the pay is not crazy high or anything, but there are perks - plenty of them. Besides I'm done with entry level. I was simply called to write the test, I didn't apply believe it or not. Atleast I didn't apply by myself, someone may have applied on my behalf. However someone did tell me a coupla months ago that CBN was recruiting and they advertised, so this must be the 'fallout'.

That's the koko.
Re: CBN Salary + Allowances - Who Actually Knows? by saddik(m): 11:36pm On Jan 20, 2011
Hi all, I dont know how much they pay, but I know its something you will be well satisfied with compared to other Banks in Nigeria, not to mention the flexible working hours you will have unlike commercial Banks.

I went for CBN test in lagos around August, invited for interview 27th October. it was very well done. Unfortunately, I was not successful cos I had a 3rd class in my Bsc even though I had a 1st class in my MSc. sad

The group of guys that attended with me are currently having their induction in Lagos from the 17th January.

I wish u goodluck wink
Re: CBN Salary + Allowances - Who Actually Knows? by Koikoi(m): 11:51pm On Jan 20, 2011
don't be misled by anybody. the cbn (the bank) salaries and allowances are gauged by what obtains in the civil service, that's probably why the staff are easily influenced in their decisions when taking action against banks with bad records. the bank tries to remunerate its staff with allowances to compensate them for the huge difference btw them and what obtains in the industry. Sanusi came from 1st bank and was dismayed at the take home of the bank's staff, unfortunately, he hasn't been able to reduce the gap btw what obtains at the bank and the industry. for those that want to try their luck in the bank, i'm sorry you might be disappointed. you may be able to do one or two things there but you'ill be lacking behind among your peers. My advice, try the customs or IRS. better option!
Re: CBN Salary + Allowances - Who Actually Knows? by Amjustme: 8:36am On Jan 21, 2011
@ Pennywise
Whether my husband does ur so called SIM or not its none of ur business, am here to help out as much as i can and i have done so, my response was not for people like you but for those who truly need a response.

@Outstrip
Thanks dear, Pennywise obviously just wants a fight

@Laidback
I hoonestly love your final response, now you have to try hard to meet the cut off cos u guys r many dat r taking d test, read hard, if you pass on merit, i assure you, you are in. You cant regret working at CBN, it cant be a mistake, you'l be happy you left where you are. All the best.
Re: CBN Salary + Allowances - Who Actually Knows? by Mbaegbu: 11:38am On Jan 21, 2011
Guys don't Jump yet, those millions u quoted up there are not real. My brother is an Asst. Manager in CBN and his salary is 100k+.

The basic salary of a manager in CBN is not up to 250k /month. The only good thing is the allowances (many of them) and they usually give share some lump sum amount to staff and call it one name or another. Their traveling allowance is mouth- watering especially if it is to abroad. This is to help themselves. plus other goodies which I won't express here.

Job security is number 1. so my nairaland brother move from ur place to that place.
Infact u wont regret it.
Re: CBN Salary + Allowances - Who Actually Knows? by edoz: 12:02pm On Jan 21, 2011
I wll advice u grab d job,dat is d best place 2 work.
Re: CBN Salary + Allowances - Who Actually Knows? by Jarus(m): 12:19pm On Jan 21, 2011
CBN is an organization I've always wanted to join. But the issue has been pay. I have three years experience, and anything less than 7m is a non-no for me if I have to leave here. With 3 years experience, if CBN can give me Assistant Manager, I'll go.
Re: CBN Salary + Allowances - Who Actually Knows? by darengg: 12:29pm On Jan 21, 2011
i think the cbn, ought to satisfy the curiousity of nigerians, and rebut the statement of dimeji bankole by publicising their expenditure and their allowances
Re: CBN Salary + Allowances - Who Actually Knows? by Pennywise(m): 2:45pm On Jan 21, 2011
browncocos:

i am a ceebeeen wife too

one thing i know when you become a manager and up youre made
trust me

Is that not so with all the banks?
Re: CBN Salary + Allowances - Who Actually Knows? by Mbaegbu: 3:59pm On Jan 21, 2011
Guys don't Jump yet, those millions u quoted up there are not real.  My brother is an Asst. Manager in CBN and his salary is 100k+.

The basic salary of a manager in CBN is not up to 250k /month. The only good thing is the allowances (many of them) and they usually give share some lump sum amount to staff and call it one name or another. Their traveling allowance is mouth- watering especially if it is to abroad.  This is to help themselves. plus other goodies which I won't express here.

Job security is number 1. so my nairaland brother move from ur place to that place.
Infact u wont regret it.
Re: CBN Salary + Allowances - Who Actually Knows? by JahMan1: 4:09pm On Jan 21, 2011
Please can someone tell me the grade levels in NNPC upto GM level.
It will be highly appreciated.
Re: CBN Salary + Allowances - Who Actually Knows? by Wumine(f): 7:53pm On Jan 21, 2011
Jarus:

CBN is an organization I've always wanted to join. But the issue has been pay. I have three years experience, and anything less than 7m is a non-no for me if I have to leave here. With 3 years experience, if CBN can give me Assistant Manager, I'll go.

looool! 3 yrs experience for Assistant Manager with CBN! Don't u just wish!
This is Naija sha, land of 'anything is possible'.
But still****LOOOOOOOLLLLLLLLL!
Re: CBN Salary + Allowances - Who Actually Knows? by queensmith: 8:04pm On Jan 21, 2011
I have a 'godfather'in CBN but im not sure if its worth leaving london for undecided undecided If the pay really is as jah man stated then I will leave in a flash!
but maybe i could try and work service there to check it out first, gawd knows I dont wanna leave a times top 100 to end up stuck in naija!
Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 8:43pm On Jan 21, 2011
@Wumine: Actually 3 to 4 yrs experience with some grad degree (MSc) or difficult certification (ICAN) can certainly, as in certainly earn you A.M. in most reformed Public 'parastatals' in Nigeria.

Infact, Jarus's concerns completely reflect my predicament.

In as much as there seems to be a cloud of uncertainty around the terms of renumeration, and I'm speaking from experience, the overall package will be reasonably attractive. I know this because I'm presently employed by the government (Federal).

So all you guyz wondering if you should leave or stay or , Just have that in mind. I know this. I was only hoping to get more concrete info. You know Job hunting when you start forming 'having experience' is different from job hunting at entry level when you'll most likely accept anything - atleast for a start.
Re: CBN Salary + Allowances - Who Actually Knows? by Wumine(f): 9:22pm On Jan 21, 2011
^^^
Thats something then cos i happen to *** and IMO, u need more than 3yrs experience to get AM in CBN even with your Msc expcet of course u have a godfather somewhere, then its possible. I mean the competition is fierce and u know aw FG pays
Re: CBN Salary + Allowances - Who Actually Knows? by ALHAJIali(m): 3:04pm On Jan 23, 2011
this is serious
Re: CBN Salary + Allowances - Who Actually Knows? by Wumine(f): 6:25pm On Jan 23, 2011
Moderators, but y cant i
Re: CBN Salary + Allowances - Who Actually Knows? by uglyBetty1(f): 2:56pm On Jan 24, 2011
CBN salary + allowances is nothing to jump at. @ poster, one thing you are sure of in CBN is a stress free working environment. It is not like the normal Commercial back where it is target driven. It is a place where you come to work, relax, do your work and once it is closing time, you close and go home and have rest of mind.

Also, in CBN, patience pays just like in other FG establishment, the higher you go, the more happy you are.

If you are in the fast lane, that needs money as if there is no tomorrow, then CBN is not for you, but if you are looking for a place to relax, work in a good environment, grow old and retire, then join the CBN family, you will definitely enjoy it




.
Signor Zax:

If You are leaving from a Deposit Money Bank,
If You like a 9-5 Life,
If You like a regimented income Life,
and If You actually want to live well, Comfortably without worries,
I think You should rush to CBN.

But,
If you are lyk me that wants a variable income life, fresh air and freedom to worry about lyf, I guess you just look for something else. I'm speaking from experience, because I just got out of the Bank after working for just about 4 months.



I am also speaking from experience.

1 Like

Re: CBN Salary + Allowances - Who Actually Knows? by Bokoharam: 6:19pm On Jan 24, 2011
@Poster,
Pls, dont think twice. Go for the CBN job. There is nothing to compare.
Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 10:26pm On Jan 25, 2011
I've never seen a more conflicting set of ideas over the same topic; especially one supposedly so, so objective. The test was written last saturday, with about 1500 candidates present at the Bwari Law school venue.

If I am to go by responses on this thread, I'd say whatever the outcome (of the test), I'm okay.

I was able to gather this much tho thru pure gossip:-

Entry level: housing allowee 1.5M, 1st 28 days 650k, relocation 920K.

I don't know which is fact or fiction or fantastic.
Re: CBN Salary + Allowances - Who Actually Knows? by uglyBetty1(f): 8:22am On Jan 27, 2011
The figures are not true, don't mind them. Just make up your mind and take the job if they offer you, after all you just did the test, they might not even invite you for interview in the next three months if it is the CBN that i know. But i assure you, you will not regret it. Ciao grin grin grin grin cheesy cheesy cheesy cheesy grin wink wink wink smiley smiley smiley
Re: CBN Salary + Allowances - Who Actually Knows? by 007djlad: 5:47pm On Mar 30, 2011
I also did the test that took place at law school abuja in january, i have been called for an interview, to be held on the 6th of april. I wish to know what the interview questions are like. i know i will scale through at the end of the day. IJN so mote it be amen.

1 Like

Re: CBN Salary + Allowances - Who Actually Knows? by uglyBetty1(f): 2:21pm On Mar 31, 2011
Read wide, read abt CBN in general and the some little minute details that ordinarily you might overlook. Read abt Sanusi and his recent awards and also other things you are suppose to know.

Wish you luck, when you get the Job, don't hesitate to tell us so that we can rejoice with you. God will be with you.

1 Like

Re: CBN Salary + Allowances - Who Actually Knows? by 007djlad: 4:53pm On Mar 31, 2011
@Ugly Betty thanks, your comments are most appreciated i'll do all you have said. thanks
Re: CBN Salary + Allowances - Who Actually Knows? by uglyBetty1(f): 8:46am On Apr 01, 2011
u are welcome, send me your email add i will send u some stuff.
Re: CBN Salary + Allowances - Who Actually Knows? by 007djlad: 10:26am On Apr 01, 2011
@ugly Betty my mail is deji.adegbola@yahoo.com thanks in advance.
Re: CBN Salary + Allowances - Who Actually Knows? by uglyBetty1(f): 2:45pm On Apr 01, 2011
I sent some materials, let me know if you have seen it and how many. Gud luck.

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