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Business & Economy MASAA ORIGINAL

Over 13,000 Nigerian bank employees earn $526/month as salaries climb in 2025

May 6, 2026 May 6

Four of Nigeria’s biggest banks paid and hired more in 2025.  
Access Holdings, United Bank for Africa (UBA) Plc, Zenith Bank, and Wema Bank grew their workforce by 11.16% to 39,658 employees, while total wages and salaries rose 27.49% to ₦1.05 trillion ($769.09 million), an analysis of their audited financial statements shows.