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Wednesday, November 29, 2023

Career in Banking: Top 10 Highest Paying Banks in Nigeria

The banking sector in Nigeria has experienced significant growth over the years and has become one of the major contributor to the country’s economy. 

As a result, banks in Nigeria offer competitive salaries to their employees.

If you are a graduate looking to make a career in the banking sector,  it is essential to know about the highest paying banks in Nigeria.

This article will provide an overview of the qualification required to work in a bank, the demand for bankers, and the highest-paying banks in Nigeria based on current data and market trends.  

Depending on your position at the bank, the figures may fluctuate slightly. However, you can use this result to determine how much you will be paid in your position.

To work in a bank in Nigeria, a minimum of a bachelor’s degree in a relevant field such as finance, economics, accounting, or business is required.

However, banks in Nigeria recruit graduates in all fields that have an interest in the banking section into their entry-level recruitment.

Professional certifications such as ACCA, ICAN, or CFA will be an added advantage.

Additionally, excellent communication and interpersonal skills, computer literacy, and attention to detail are also essential for a bank job.

Are Bankers still in high demand?

The banking sector remains one of the most stable and secure industries in Nigeria, and the demand for bank jobs is still high.

With the recent growth of the Fintech industry and the increasing need for financial services, the demand for skilled and experienced bankers is expected to continue to rise.

2023 ONGOING JOBS

Lafarge Cement Nigeria

Accountant at Lafarge Cement

Top 10 Highest Paying Banks in Nigeria

1. Access Bank

Access Bank is a multinational financial institution with operations in Africa and the United Kingdom. The bank has a workforce of over 11,000 employees.

As a leading provider of banking and financial services, Access Bank offers competitive entry-level salaries to its employees. In addition to competitive compensation, Access Bank provides a comprehensive benefits package that includes health insurance, retirement benefits, and paid time off.

Entry Level Salary: N250,000 – N300,000 per month

If you’re ready to join First Bank, click button below to APPLY for Job.

2. First Bank

First Bank Plc is a Nigerian public limited company and leading financial institution in Nigeria with over a century of experience serving customers across the country. With a workforce of over 10,000 employees, First Bank Plc is committed to providing world-class banking and financial services to its customers.

For those seeking a fulfilling career, First Bank Plc offers competitive entry-level salaries to its employees. In addition to competitive compensation, First Bank Plc provides a comprehensive benefits package that includes health insurance, retirement benefits, and paid time off.

Entry Level Salary: N200,000 –  N250,000 per month

If you’re ready to join First Bank, click button below to APPLY for Job.

3. Guarantee Trust Bank

Guarantee Trust Bank (GTB) is a premier financial institution in Nigeria, known for its cutting-edge and customer-focused solutions. With over 8,000 employees and over 300 branch offices nationwide,  as well as in Côte d’Ivoire, Kenya, Liberia, Gambia, Ghana , Rwanda, Sierra Leone, Uganda, and the United Kingdom. 

At GTB, entry-level employees can expect not only competitive salaries, but also a comprehensive benefits package that includes health insurance, retirement benefits, and paid time off. The bank values employee growth and offers ample opportunities for professional development and career advancement.

Entry Level Salary: N200,000 per month

If you’re ready to join First Bank, click button below to APPLY for Job.

4. Zenith Bank Plc

Zenith Bank Plc was founded in May 1990 by Jim Ovia.  Zenith Bank is a dynamic financial institution that is at the forefront of innovative banking solutions in Nigeria. With over 15,000 employees and over 500 branches nationwide.

For those seeking a challenging and rewarding career, Zenith Bank Plc offers competitive entry-level salaries and a comprehensive benefits package that includes health insurance, retirement benefits, and paid time off. The bank values employee growth and provides opportunities for professional development and career advancement.

Entry Level Salary: N180,000 – 200,000 per month

If you’re ready to join First Bank, click button below to APPLY for Job.

5. Fidelity Bank Plc

Fidelity Bank Plc won the ‘2022 Best SME Bank’ in Nigeria at the Annual Global Banking & Finance Awards which held in London, UK. Fidelity Bank has over 5,000 employees and over 250 branches nationwide dedicated to providing innovative and customer-centric solutions.

As a forward-thinking employer, Fidelity Bank offers competitive entry-level salaries and a comprehensive benefits package, which includes health insurance, retirement benefits, and paid time off. The bank recognizes the importance of employee growth and provides opportunities for professional development and career advancement.

Entry Level Salary: N180,000 per month

If you’re ready to join Fidelity Bank, click button below to APPLY for Job.

6. Union Bank of Nigeria:

Union Bank, which was founded in 1917, is among the country’s aged banks. Colonial Bank had been the initial name, but it was renamed Barclays Bank after Barclays Bank acquired Colonial Bank in 1917.

Two of the bank’s divisions are Union Bank United Kingdom Plc & Union Bank United Kingdom Plc. The bank has locations and contact points all around the country.

Even though it has been in Nigeria even before the country’s independence, the bank is committed to providing its customers with a high-quality banking service.

Entry Level Salary: N180,000 per month

If you’re ready to join Fidelity Bank, click button below to APPLY for Job.

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7. United Bank for Africa

United Bank for Africa (UBA) is a leading financial institution in Africa, with a commitment to empowering Africans through innovative financial solutions. With over 10,000 employees and a network of over 700 branches across 20 African countries, as well as in France, the U.S. United Kingdom, and the United Arab Emirates.

When it comes to finding a career as a young graduate in banking section, UBA is indeed an option. At UBA, entry-level employees can expect competitive salaries and a comprehensive benefits package that includes health insurance, retirement benefits, and paid time off. 

Entry Level Salary: N150,000 – N180,000 per month

If you’re ready to join Fidelity Bank, click button below to APPLY for Job.

8. Sterling Bank Plc

Sterling Bank Plc won the “Most Innovative Bank” by World Finance. With over 4,000 employees and a network of over 200 branches, Sterling Bank is committed to driving financial inclusion and empowering its customers.

As an employer, Sterling Bank recognizes the value of its employees and offers competitive entry-level salaries, comprehensive benefits, and opportunities for professional growth and career advancement

Entry Level Salary: N145,000 per month

If you’re ready to join Fidelity Bank, click button below to APPLY for Job.

9. Ecobank Nigeria

Ecobank is a well-known pan-African bank with locations in West, Central, and East Africa. The bank, which began operations in 1985, today operates in 34 countries and has over 1,000 offices and over 10,000 employees.

Ecobank Nigeria offers competitive entry-level salaries and a comprehensive benefits package that includes health insurance, retirement benefits, and paid time off. The bank values employee growth and provides opportunities for professional development and career advancement.

Entry Level Salary: N140,000 per month

If you’re ready to join Fidelity Bank, click button below to APPLY for Job.

10. First City Monument Bank:

FCMB is a modern Nigerian bank that competes with the best financial institutions in the country. FCMB have over 300 branches and more than 5,000 employees nationwide.

As an employer, FCMB values its employees and offers a comprehensive benefits package that includes health insurance, retirement benefits, and paid time off. The bank also offers competitive entry-level salaries and opportunities for professional development and career advancement.

Entry Level Salary: N110,000 per month

If you’re ready to join Fidelity Bank, click button below to APPLY for Job.

In conclusion, the banking sector in Nigeria is growing rapidly and offers a range of employment opportunities.

These top 10 highest paying banks in Nigeria provide competitive salary packages and benefits to their employees, making them an attractive option for those looking to build a career in the banking industry.

You may also want to read about  Graduate Job Aptitude Test Past Questions and Answers [Free PDF Download]

We wish you good luck in your job hunt. Do not forget to visit Our Website for Legit Jobs only!

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