Top 10 Highest Paying Companies in Nigeria

Nigeria has a vibrant economy which in turn offers different types of career opportunities, and some companies stand out for their exceptional compensation packages and remarkable growth in Africa but especially in Nigeria.

In today’s comprehensive article, we delve deeper into the “top 10 highest paying companies in Nigeria”, exploring their date inception in the country, their major activities, the qualifications required for a fulfilling career, and their salary expectation within their ranks.

Moreover, we provide estimated salary ranges for various positions within the company to give a better understanding of the earning potential in these Nigerian companies.

Top 10 Highest Paying Companies in Nigeria

Below are the highest paying companies in Nigeria today.

1. Dangote Group

Founded in 1981 by Aliko Dangote, the Dangote Group started as a trading firm, gradually expanding into diverse industries such as cement, sugar, salt, and more. Today, it is Africa’s largest conglomerate.

The core activities at The Dangote Group include involvement in cement manufacturing, sugar refining, salt processing, flour milling, and logistics services to mention a few. The Dangote Group is located in present-day Lagos state.

Estimated Salaries for workers within the Dangote group of Company Staff:

• Senior Engineers: ₦12,000,000 to ₦50,000,000 per annum
• Financial Analysts: ₦8,000,000 to ₦25,000,000 per annum
• Marketing Managers: ₦10,000,000 to ₦35,000,000 per annum

2. Shell Nigeria

Shell Nigeria, a subsidiary of Royal Dutch Shell, is a major player in the Nigerian oil and gas industry. They engage in exploration, production, refining, and distribution of petroleum products. Job opportunities at Shell Nigeria include engineering roles, geosciences, logistics, finance, health, etc.

It is no surprise that the shell company made it to the list. The shell company is very popular within the country of Nigeria and has been in Inception in Nigeria for decades. Shell began its operations in Nigeria in 1937 and has since been a leading player in the oil and gas sector.

The Core Activities that Shell Nigeria engages in are oil and gas exploration, production, refining, and distribution, contributing significantly to the nation’s energy sector. At shell company is also located in Lagos state, the industrial state of Nigeria.

Estimated Salaries for workers within the Shell Company Staff:

• Senior Petroleum Engineers: ₦15,000,000 to ₦45,000,000 per annum
• Geoscientists: ₦10,000,000 to ₦30,000,000 per annum
• Project Managers: ₦12,000,000 to ₦35,000,000 per annum

3. Chevron Nigeria Limited

Chevron Nigeria has been a familiar name in the oil and gas sector for a while starting in Nigeria in the 90s. Chevron is a prominent multinational energy corporation with significant operations in Nigeria. Their activities include oil and gas exploration, production, and refining.

Chevron entered Nigeria in 1913 and has played a vital role in the country’s oil and gas industry. Chevron Nigeria is involved in oil and gas exploration, production, refining, and petrochemicals. Chevron is located on Lagos Island.

Estimated Salaries of Chevron Nigeria Limited Staff:

• Senior Reservoir Engineers: ₦10,000,000 to ₦40,000,000 per annum
• Finance Managers: ₦8,000,000 to ₦25,000,000 per annum
• Supply Chain Managers: ₦6,000,000 to ₦20,000,000 per annum

4. MTN Nigeria

Founded in Nigeria, as an extension. MTN Nigeria is one of the leading telecommunications companies in the country. They provide mobile network services, internet solutions, and digital products. Job opportunities at MTN Nigeria include customer service, sales, IT, marketing, and network engineering.

MTN Nigeria commenced operations in 2001, revolutionizing the telecommunications landscape in the country. The Core Activities In MTN Nigeria is a leading telecommunications company, providing mobile network services, internet solutions, and digital products.

With an Estimated Salary of MTN Nigeria Staff:

• Network Engineers: ₦5,000,000 to ₦20,000,000 per annum
• Sales Managers: ₦4,000,000 to ₦18,000,000 per annum
• IT Specialists: ₦4,500,000 to ₦15,000,000 per annum

5. Nestle Nigeria Plc

Nestle Nigeria, a subsidiary of Nestle South Africa, established its presence in Nigeria in 1961. Nestle Nigeria is a prominent food and beverage company, manufacturing and distributing a wide range of consumer goods. They manufacture and distribute various consumer goods, including food and beverages.

Career prospects at Nestle Nigeria range from production and supply chain management to marketing, finance, and research and development.

Estimated Salaries of Nestle Nigeria Plc Staff:

• Production Managers: ₦6,000,000 to ₦30,000,000 per annum
• Marketing Executives: ₦4,500,000 to ₦25,000,000 per annum
• Research and Development Specialists: ₦5,000,000 to ₦20,000,000 per annum

6. Nigerian Breweries Plc

The Nigerian breweries are quite popular for the production of beverages in Nigeria. Nigerian Breweries was founded in 1946 and has grown to become the pioneer and largest brewing company in Nigeria. Job opportunities at Nigerian Breweries include brewing, marketing, sales, finance, and corporate affairs.

Its Core Activities include, Nigerian Breweries producing and marketing a variety of alcoholic and non-alcoholic beverages within Nigeria.

Estimated Salaries of the Nigerian Breweries Plc Staff:

• Brewmasters: ₦4,000,000 to ₦25,000,000 per annum
• Marketing Managers: ₦3,500,000 to ₦18,000,000 per annum
• Finance Analysts: ₦3,000,000 to ₦15,000,000 per annum

7. First Bank of Nigeria Limited

One of the most popular banks in Nigeria and in Africa as a whole with the Inception in Nigeria. First Bank, established in 1894, is Nigeria’s oldest and most prominent financial institution. First Bank, it offers a comprehensive range of banking and financial services.

Careers at First Bank encompass roles in banking operations, relationship management, risk and compliance, and technology.

Estimated Salaries of First Bank of Nigeria Limited Staff:

• Relationship Managers: ₦3,500,000 to ₦20,000,000 per annum
• Risk and Compliance Officers: ₦3,000,000 to ₦18,000,000 per annum
• Technology Specialists: ₦2,800,000 to ₦15,000,000 per annum

8. Access Bank Plc

It is no doubt that financial institutions contribute to 60% of this list. Coming in the 8th we have Access Bank with its inception in Nigeria, going as far back as the 1980s. Access Bank’s history dates back to 1989, and it has grown into one of Nigeria’s leading commercial banks. Access Bank provides retail, corporate, and investment banking services.

Estimated Salaries of Access Bank Plc Staff:

• Retail Banking Managers: ₦3,000,000 to ₦16,000,000 per annum
• Treasury Analysts: ₦2,500,000 to ₦14,000,000 per annum
• Digital Banking Specialists: ₦2,800,000 to ₦12,000,000 per annum

9. KPMG Nigeria

Located in Lagos, Abuja, Port Harcourt. KPMG, one of the “Big Four” accounting firms, began its Nigerian operations in 1978. The major activities include KPMG providing audit, tax, and advisory services to clients across industries. The careers at KPMG Nigeria include roles in audit, tax consulting, advisory, and management consulting.

Estimated Salaries of KPMP Nigeria Staff:

• Senior Auditors: ₦2,800,000 to ₦16,000,000 per annum
• Tax Consultants: ₦2,500,000 to ₦14,000,000 per annum
• Management Consultants: ₦2,500,000 to ₦12,000,000 per annum

10 . PricewaterhouseCoopers (PwC) Nigeria

Location: Lagos, Abuja, PwC is another member of the “Big Four” accounting firms. They provide professional services in auditing, consulting, tax, and assurance. Job opportunities at PwC Nigeria include roles in assurance, tax consulting, advisory, and cybersecurity.

Estimated Salaries of PricewaterhouseCoopers:

• Assurance Managers: ₦2,800,000 to ₦15,000,000 per annum
• Tax Consultants: ₦2,500,000 to ₦14,000,000 per annum
• Advisory Analysts: ₦2,500,000 to ₦12,000,000 per annum

Conclusion

Nigeria’s job market is rich with opportunities, and these top 10 highest-paying companies offer a diverse range of career options. Whether you are interested in the energy sector, telecommunications, finance, or professional services, these companies provide excellent prospects for career growth and financial rewards.

It is essential to stay updated on the latest job openings and trends in the Nigerian job market to secure a rewarding and fulfilling career with one of these esteemed companies.

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