Bankers Salary in Nigeria

Do you wish to know how much bankers earn in Nigeria? If yes, your search can finally come to an end. This is because this article was specifically written to provide you with information on “Nigerian bankers’ salary” or “Bankers salary in Nigeria”.

As we all know, the banking industry is one of the most lucrative industries in Nigeria. The banking industry is one of the most reputable industries in Nigeria because of the success it has experienced so far. As a result of its prestige, so many graduates can envision their dream job as a banker.

Easiest Way to Move to Canada Through Express Entry Apply Now
30+ Construction Helper Jobs in Canada Apply Now
Move to Canada as a Teacher Apply Now
Move to Canada as an Electrician Apply Now
Move to Canada as a Carpenter Apply Now
20+ High in Demand Jobs in Canada for Africans Apply Now

The high pressure of so many bankers to get a job in the bank could make one ask “just how much salary do bankers make every month in Nigeria?”

Well, this article aims to put an end to your uncertainty concerning bankers’ salary in Nigeria.

Before I reveal to you the Nigerian banker’s salary, it is important you know who is a banker and what they do.

Who is a Banker?

A banker is a professional who works in a banking institution and performs a range of financial transactions.

Duties or Tasks of a Banker

A banker can be tasked with the following responsibilities or tasks depending on factors like job setting, position, and experience.

  1. Educating clients on banking processes
  2. Creating bank accounts for clients
  3. Closing clients’ bank accounts when requested
  4. Managing the bank accounts of clients
  5. Processing payments, deposit and withdrawals
  6. Issue loan when requested and valid
  7. Recording of financial transactions
  8. Advertising banking services to potential clients
  9. Cooperating with other banking experts to ensure that a quality service is delivered to clients.
  10. Solving clients’ problems or attending to clients’ queries
  11. Provides clients with financial advice etc.

Bankers Salary in Nigeria

That’s it; you have arrived at the core of the article “Nigerian bankers’ salary”. We would now be revealing to you bankers salary in Nigeria.

There is a belief by many Nigerians that Nigerian bankers are well paid. This belief is usually fueled by the neat mode of dressing of Nigerian bankers. Well, this is not erroneous at all, as bankers’ salaries’ in Nigeria are quite enviable.

Bankers’ salary in Nigeria is influenced by the bank they work for. It is pertinent to take cognizant of the fact that there is a disparity in salary pay by various banks in Nigeria. This, therefore, implies that some banks would pay better than others.

We would provide you with a glimpse of bankers’ salaries in Nigeria using the salary of some of the most reputable banks in Nigeria;

FCMB (First City Monument Bank):

FCMB on average would pay its staff N350, 000

Guarantee Trust Bank:

On average, Guarantee Trust Bank would pay its staff N200, 000

First Bank of Nigeria:

On average, First Bank of Nigeria would pay its staff N350, 000

Zenith Bank:

On average, Zenith Bank would pay its staff N300, 000

Fidelity bank:

On average, Fidelity would pay its staff N300, 000

United Bank of Africa:

On average, the United Bank of Africa would pay its staff N300, 000

Central Bank of Nigeria:

On average, the Central Bank of Nigeria would pay its staff N250, 000


On average, Ecobank would pay its staff N250, 000

Sterling bank:

On average, Sterling bank would pay its staff N200, 000

Union Bank of Nigeria:

On average, the United Bank of Nigeria would pay its staff N200, 000.

Do you have what it takes to become a Banker in Nigeria?

To be able to become a successful banker in Nigeria and beyond, you need to possess the following important attributes or skills;

Excellent communication skill:

Bankers must possess excellent communication skills since they deal majorly with clients

Strong numeracy skill:

The job of a banker requires calculation. Strong numeracy is therefore crucial to your success as a banker.

Ability to work under Pressure:

The nature of the banking job is pressurizing due to a high number of clients needing financial services. You would need to be able to work under pressure to be a successful banker in Nigeria.


Integrity is a must for every banker that do not want to lose his job.


If you are careless, I am afraid to say that the banking job is not for you. Bankers need to be very careful as they work because money is a delicate resource

Other important qualities are;

  • Leadership skill
  • Management skill
  • General IT skill
  • Interpersonal skill
  • Customer service skill.

Any thought on “bankers salary in Nigeria”, let’s hear it in the comment section below.

Leave a Comment