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

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 12.75% to 33,675 employees, while total wages and salaries rose 27.49% to ₦1.05 trillion ($769.09 million), an analysis of their audited financial statements shows.

These banks collectively made ₦2.36 trillion ($1.73…