Salary & Allowance

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10 Highest Paying Companies In Nigeria: Salary And Allowance Structure As Of 2025

In 2025, Nigeria’s corporate landscape continues to house some of the highest-paying companies in Africa, with generous salary and allowance structures designed to attract and retain top talents. These organizations span diverse industries, including oil and gas, telecommunications, banking, and technology. Below, we explore the top 10 highest-paying companies in Nigeria and provide insights into their compensation packages.

1. Shell Nigeria

Shell Nigeria remains a powerhouse in the oil and gas sector, offering one of the most competitive salary packages in the country.

• Entry-Level Salary: ₦10 million – ₦12 million per annum

• Mid-Level Management: ₦20 million – ₦30 million per annum

• Senior Management: ₦40 million – ₦60 million per annum

Allowances:

• Housing and transportation allowances

• Medical benefits (covering employees and their families)

• International travel allowances

• Professional development sponsorships

Shell also provides retirement benefits and performance-based bonuses that often exceed employees’ expectations.

2. Chevron Nigeria

Another major player in the oil and gas sector, Chevron, offers impressive salary packages and employee benefits.

• Entry-Level Salary: ₦8 million – ₦10 million per annum

• Mid-Level Management: ₦18 million – ₦25 million per annum

• Senior Management: ₦30 million – ₦50 million per annum

Allowances:

• Comprehensive medical care

• Housing and utility stipends

• Offshore bonuses for field employees

• Educational scholarships for employees' children

Chevron's focus on work-life balance and career development makes it a top choice for professionals.

3. Nigerian National Petroleum Corporation (NNPC)

As Nigeria's leading government-owned oil corporation, NNPC provides lucrative salary packages and a wide range of benefits.

• Entry-Level Salary: ₦6 million – ₦8 million per annum

• Mid-Level Management: ₦15 million – ₦20 million per annum

• Senior Management: ₦25 million – ₦40 million per annum

Allowances:

• Housing and car allowances

• Subsidized access to petroleum products

• Medical coverage for employees and dependents

• Generous retirement benefits

NNPC is an excellent option for professionals looking for stability and financial security.

4. MTN Nigeria

As the leading telecommunications company in Nigeria, MTN is known for rewarding its employees handsomely.

• Entry-Level Salary: ₦5 million – ₦6 million per annum

• Mid-Level Management: ₦12 million – ₦18 million per annum

• Senior Management: ₦20 million – ₦35 million per annum

Allowances:

• Performance bonuses

• Housing and transport allowances

• Comprehensive health insurance

• Free mobile devices and data plans

MTN’s fast-paced and innovative environment attracts top talent in the tech and telecom sectors.

5. Dangote Group

The Dangote Group, Africa’s largest conglomerate, is also one of the best-paying employers in Nigeria.

• Entry-Level Salary: ₦4 million – ₦5 million per annum

• Mid-Level Management: ₦10 million – ₦15 million per annum

• Senior Management: ₦20 million – ₦30 million per annum

Allowances:

• Housing and feeding allowances

• Medical coverage

• End-of-year bonuses

• Transportation benefits

The company’s involvement in multiple industries ensures a dynamic work environment with opportunities for growth.

6. Nestlé Nigeria

Nestlé, a global leader in nutrition and wellness, offers attractive salary packages to its Nigerian employees.

• Entry-Level Salary: ₦3.5 million – ₦4.5 million per annum

• Mid-Level Management: ₦8 million – ₦12 million per annum

• Senior Management: ₦15 million – ₦25 million per annum

Allowances:

• Health and wellness programs

• Housing and transportation benefits

• Meal subsidies

• Stock options

Nestlé’s focus on employee well-being makes it a desirable workplace for professionals.

7. Zenith Bank

The banking sector in Nigeria is highly competitive, and Zenith Bank stands out for its excellent remuneration packages.

• Entry-Level Salary: ₦4 million – ₦5 million per annum

• Mid-Level Management: ₦10 million – ₦15 million per annum

• Senior Management: ₦20 million – ₦30 million per annum

Allowances:

• Housing and vehicle allowances

• Performance-based bonuses

• Medical coverage

• Mortgage plans

Zenith Bank’s reputation for financial stability and employee satisfaction makes it a top employer in the banking sector.

8. Nigerian Breweries

The largest brewing company in Nigeria, Nigerian Breweries, is known for offering competitive salaries and perks.

• Entry-Level Salary: ₦3 million – ₦4 million per annum

• Mid-Level Management: ₦8 million – ₦12 million per annum

• Senior Management: ₦15 million – ₦20 million per annum

Allowances:

• Health insurance

• Free product allowances

• Housing and transport benefits

• Retirement plans

The company’s vibrant work culture attracts both experienced professionals and fresh graduates.

9. TotalEnergies Nigeria

TotalEnergies is a major employer in the oil and gas industry, offering some of the best compensation packages in Nigeria.

• Entry-Level Salary: ₦7 million – ₦9 million per annum

• Mid-Level Management: ₦15 million – ₦20 million per annum

• Senior Management: ₦30 million – ₦45 million per annum

Allowances:

• Offshore bonuses

• Medical coverage for employees and families

• Housing and transportation allowances

• Educational support for employees' children

TotalEnergies prioritizes employee development and career progression.

10. Microsoft Nigeria

In the tech sector, Microsoft Nigeria leads with exceptional salary structures and employee benefits.

• Entry-Level Salary: ₦6 million – ₦8 million per annum

• Mid-Level Management: ₦12 million – ₦18 million per annum

• Senior Management: ₦25 million – ₦40 million per annum

Allowances:

• Stock options

• Comprehensive health insurance

• Remote work allowances

• Annual performance bonuses

Microsoft fosters a culture of innovation and inclusivity, making it a dream workplace for tech professionals.

Conclusion

Nigeria’s top-paying companies in 2025 reflect a blend of global and local players offering attractive salary and allowance structures. These organizations not only provide financial security but also emphasize employee well-being, career growth, and work-life balance. Professionals aiming to work in these companies must focus on acquiring relevant skills, certifications, and experience to stand out in a highly competitive job market.

Whether you’re a fresh graduate or an experienced professional, these companies provide rewarding opportunities to achieve your career goals while enjoying a fulfilling work experience.