As Nigeria’s financial sector continues to expand amid economic challenges, a new ranking of the country’s best-paying banks has emerged ,and it’s no surprise that Zenith Bank and Access Bank are at the forefront. The report reveals how top-tier banks are rewarding their employees in 2025, reflecting the industry’s resilience, profitability, and growing competition for skilled talent.

1. Zenith Bank : Still the Benchmark for Pay and Performance

Zenith Bank maintains its dominance in both profitability and compensation. The bank continues to offer some of the most competitive salary packages in the sector, with entry-level staff earning substantially above the national average. Insiders attribute this to Zenith’s strong performance in digital banking, corporate finance, and international operations ,areas that demand top-tier professionals and thus attract higher pay.

2. Access Bank : Rewarding Innovation and Expansion

Access Bank follows closely behind, cementing its place as one of Nigeria’s most employee-friendly institutions. Following its series of mergers and expansion drives across Africa, Access Bank has invested heavily in staff training and welfare. Employees in mid-management reportedly enjoy significant benefits, including performance bonuses, profit-sharing opportunities, and career growth support in regional branches.

3. GTBank : Consistent, Stable, and Tech-Driven

Guaranty Trust Bank (GTBank) remains a favorite for tech-savvy professionals who value innovation and structure. The bank’s focus on digital transformation and fintech integration has created new roles in software engineering, cybersecurity, and product management ,all of which come with premium pay.

4. United Bank for Africa (UBA) : Global Reach, Competitive Pay

UBA’s strong international presence in over 20 African countries and beyond continues to reflect in its remuneration packages. Employees in regional offices benefit from expatriate allowances and global training programs. Analysts say UBA’s cross-border operations make it an attractive choice for ambitious professionals seeking international exposure.

5. First Bank of Nigeria : Legacy and Leadership Opportunities

Rounding out the top five is First Bank, one of Nigeria’s oldest and most respected financial institutions. While its pay structure is slightly lower than the top two, First Bank offers unparalleled job security, long-term benefits, and structured promotions , factors that appeal to career bankers.

As the Nigerian banking sector braces for more digital disruption, competition for skilled workers is expected to intensify. For professionals looking to build wealth and stability in finance, 2025 is shaping up to be a rewarding year , especially within these top-paying institutions.