Top 50 Best Paying Companies in Nigeria

If you have always wondered how much top companies in Nigeria pay their workers for a start, you are about to get an answer. This article contains the entry salary for the top best paying companies in Nigeria for starters.

This figures are sometimes affected by your bargaining power. This article however gives you the average salary for fresh employees.

Below is a list of the best 50 paying companies in Nigeria from top to bottom.

Exxon Mobil

Exxon Mobil is a multinational firm with its head office in Texas. It is an oil and gas firm and is one of the most prestigious firms in Nigeria.

Exxon Mobil workers in Nigeria earn much more than their contemporaries in other sectors and a little more than their contemporaries in the oil and gas sector. For a start, Exxon Mobil workers earn 1,000,000. This is quite mouthwatering for a fresh graduate and can almost not be turned down.

Exxon Mobil’s work environment is very flexible and considerably free of discrimination

Total

Total is a French multinational company and also the fourth largest oil and gas firm in the world. Apart from being one of the most prestigious oil and gas firms in Nigeria, it is also one of the highest paying g firms in Nigeria with a monthly salary of about ₦1,000,000 for beginners.

Total’s head office in Nigeria is located at Total House 4, Church gate Street, Victoria Island, Lagos.

Total provides a very comfortable environment for her workers and is also very concerned with the advancement of her host community

Chevron

Chevron is one of the highest paying oil and gas companies in Nigeria. It is an America multinational firm with its Nigerian headquarters located in Lekki, Lagos. For a start Chevron staff are paid ₦750,000 and above. This is in addition to a conducive working environment and lots of opportunities.

Shell

With its Nigerian head office located in Marina, Lagos, Shell is an oil and gas firm and one of the most preferred firms to work in by most Nigerian graduates of engineering. This is because of her juicy salary and other benefits. Starters at shell earn ₦667,000.

Slumberger

Slumberger is an oil servicing firm with Nigerian head office located in Victoria Island, Lagos. It pays its fresh workers a salary of ₦500,000

Halliburton

Halliburton is a multinational firm that deals in oil and gas in addition to energy. It offers fresh workers a monthly salary of ₦350,000. This is in addition to several other benefits.

With Its head office is located in Victoria Island, Lagos, Halliburton offers a very suitable working environment for its workers.

Nigerian Breweries Plc.

Nigerian breweries has its head office in Surulere, Lagos and is the first and most successful brewing company in Nigeria. For a start Nigerian breweries offers a salary of ₦350,000.

EEDC Eastern Electric Distribution Company

This company is in charge of providing electricity to eastern Nigeria. It pays its staff ₦350,000 for a start.

General Electric

This is a multinational company with roots in the United States, as its name suggests, it is an electricity related company. Fresh employees of General Electric are paid ₦300,000.

Addax

Addax is a company involved in oil and gas exploration. Its headquarters is located in Victoria Island, Lagos. For a start, Addax pays its employees 300,000. This comes with multiple benefits.

MTN Nigeria

MTN Nigeria is a telecommunication company with roots in South Africa. It is one of the biggest in the country and on the continent. Its head office is located in for a start, MTN Nigeria pays its employees ₦250,000.

Arik Air

This is an indigenous airline with head office at Ikeja, Lagos. It pays its new workers ₦250,000 and is one of the most established airlines in the country.

Enterprise Bank

This bank with its head office in Victoria Island, Lagos, and Enterprise bank is not one of Nigeria’s biggest bank. It is however one of Nigeria’s highest paying banks. ₦249,000 is the average monthly salary for its new workers.

Diamond Bank

With its head office located in Victoria Island, Lagos. Diamond bank is one of Nigeria’s most stable banks. It pays it newly employed staff ₦240,000.

Gt Bank

Guaranty Trust Bank is one of Nigeria’s leading new generation banks. Its head office is located at Victoria Island, Lagos. It pays its new employees ₦209,000, thus making it one of the highest paying banks in Nigeria.

Huawei Technology

This phone manufacturing company pays its new staff ₦200,000 monthly. Its head office is at Ikoyi, Lagos.

Oando

Oando is an indigenous company with its headquarters in Victoria Island, Lagos. It deals in the marketing, supply and production of petroleum products.

For a start, Oando plc. pays its employees 200,000. This improves after a while.

Conoil

Conoil is a household name in Nigeria. It is Nigeria’s first indigenous oil marketing company and has its head office in Marina, Lagos.

Starters at Conoil earn about ₦200,000.

PPPRA

This is an oil and gas firm with head office in Abuja. ₦190,000 is paid to its new workers monthly.

DPR

With its head office located at Victoria Island, Lagos. DPR pays ₦190,000 to new staff and offers regulatory services to the oil and gas sector in Nigeria.

NNPC

NNPC is in charge of managing Nigeria’s interest in oil and gas. It pays ₦190,000 to its new workers and has its head office in Garki, Abuja.

Fidelity Bank

Fidelity bank has its head office in Victoria Island, Lagos. This bank has definitely stood the test of time. Its new staff go home with ₦180,000 at the end of the month.

Union Bank

This is one of the oldest banks in Nigeria. It has its head office in Marina, Lagos and has truly lasted the test of time.

Union banks pays ₦180,000 to new employees.

Eco Bank

This bank has gone through many phases and has survived the test of time. It pays its new workers ₦171,667. Its head office is at Victoria Island, Lagos

Heritage Bank

Heritage bank is one of Nigeria’s new generation banks. Its head office is at Victoria Island, Lagos. For a start, Heritage bank pays ₦162,000.

NLNG

With its head office in Portharcort, Rivers state, NLNG is a firm that manages Nigeria’s Natural gas. Its new workers go home with ₦160,000 at the end of every month.

FCMB

Known to be one of Nigeria’s very stable banks, FCMB pays ₦158,000 to its new staff. Its head office is at Victoria Island, Lagos.

Access Bank

Access bank is one of Nigeria’s most successful banks. Its head office is located in Victoria Island, Lagos. For a start, access bank pays its workers ₦150,000

Deloitte

This is the oldest indigenous firm in Nigeria. Its services include audit consulting and financial advisory. Its head office is at Victoria Island, Lagos and it pays its new staff ₦150,000.

Dangote Sugar

This company is a subsidiary of the Dangote group. It pays ₦150,000 to its new workers and it is located at Apapa, Lagos.

Coca-Cola Nigeria

Coca-Cola Nigeria is a drink manufacturing company. Its head office is at Ikoyi, Lagos. ₦150,000 is paid to its new workers monthly.

Nestoil

Nestoil is an indigenous oil servicing firm with its head office located in Victoria Island, Lagos. For a start Nestoil pays its workers ₦150,000.

Nigerian Bottling Company

Nigeria bottling company has its head office in Apapa, Lagos. It is into the manufacture of drinks and beverages. It pays its new staff ₦148, 000 monthly.

KPMG

KPMG is a financial firm and provides auditing services. Its corporate head office is at Victoria Island, Lagos and it pays ₦145,000 to its new workers.

PZ Cuissons

With its head office in Ilupeju, Lagos, PZ cuissons offers many services. Some of them are home care and personal care. ₦145,000 is paid to its new workers monthly.

UBA

United Bank of Africa is one of Nigeria’s long lasting banks and has its head office in Marina, Lagos. Its new employees earn ₦142,000 which is definitely good for a start.

PWC

With an average salary of 170,000 for starters, PWC is one of Nigeria’s highest paying financial firms. Its head office is located in Victoria Island, Lagos.

Dangote Cement

A subsidiary of the Dangote group. Dangote cement deals with the bagging of cement. ₦140,000 is paid to its new workers and it has its head office at Ikoyi, Lagos.

Cadbury Nigeria Plc.

Cadbury deals in the manufacture of edibles. Its head office is at Ikeja, Lagos and it pays new employees ₦130,000 monthly.

Etisalat

Etisalat is one of the biggest telecommunication companies operating in Nigeria. It has its head office at Ikoyi, Lagos and pays its new staff ₦130000.

Cadbury Nigeria Plc.

Cadbury deals in the manufacture of edibles. Its head office is at Ikeja, Lagos and it pays new employees ₦130,000 monthly.

Keystone Bank

Keystone bank pays ₦127,000 to new works. Its head office is in Victoria Island, Lagos.

Central Bank of Nigeria

The central bank of Nigeria is Nigeria’s apex bank. That however does not make it Nigeria’s highest paying bank. Newly employed workers of Nigeria’s central bank earn ₦122,000 monthly.

Guinness Nigeria

One of the biggest producers of alcohol in Nigeria. With its head office located at Ikeja, Lagos, Guinness pays ₦120,000 to its new staff.

Globacom

Nigeria’s first and only indigenous telecommunication company Globacom has been on the business scene for a long time. It has its head office in Victoria Island, Lagos and pays its new staff ₦120,000.

Techno Mobile

Techno mobile is a Chinese phone manufacturing company. Its head office in Nigeria is at Ikeja, Lagos. Techno pays its staff ₦120,000 for a start.

Zenith Bank

As the name suggests, Zenith bank offers banking services. Its head office is at Victoria Island, Lagos

Fresh workers are paid   ₦110,000

Skye Bank

Skye bank offers banking services to Nigerians, it has its head office in Victoria Island Lagos. With a monthly salary of ₦104,000 for new staff, Skye bank is one of Nigeria’s top bank.

Meristem

Meristem has its head office in Ikoyi, Lagos and offers financial services to Nigerians. ₦100,000 is its monthly salary for starters.

Airtel

This telecommunication company is not among the highest paying multinational companies in Nigeria. It is however one of the highest paying in general. It pays ₦100,000 to new employees and has its head office in Ikoyi, Lagos.

Wema Bank

Known to be one of Nigeria’s oldest and strongest banks. Wema Bank pays ₦98,000 to new staff and has its head office at Marina, Lagos.

Most multinational companies on this list are way higher than the local firms because they have a standard salary globally. Also, this salary structure is a structure for university graduates. People with less qualifications might earn lower.

3 thoughts on “Top 50 Best Paying Companies in Nigeria

  • December 4, 2017 at 5:30 pm
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    PwC pays starter 170k

    Reply
  • January 4, 2018 at 6:12 pm
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    Why is StanbicIBTC not on this list

    Reply
  • November 1, 2020 at 4:21 am
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    it is notcorrect for mobil

    Reply

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