50 Best Paid Companies to Work for in Nigeria and their Salaries in 2024


There are many companies in Nigeria, so the pay varies. The payment received by the employers depends on various factors, one of which is the company’s hierarchy. We bring you the 50 best-paid companies to work for in Nigeria and their respective salaries. Enjoy the ride!

It’s the dream of every young Nigerian graduate to land a well-paid job immediately after graduation. But, in a real-life situation, it’s not always the case. Many companies in Nigeria exploit their workers without giving them a good salary.


Read More: How to get Banking Jobs in Nigeria | Requirements & How to Apply

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50 Best Paid Companies to Work for in Nigeria 2023

  • SPDC – Shell Petroleum Development Company Of Nigeria
  • Chevron
  • Exxon Mobil Corporation
  • Nigerian National Petroleum Corporation
  • MTN Group Limited
  • Nestle Nigeria Plc
  • The Nigerian Civil Service
  • Total
  • Dangote Group
  • Nigerian Breweries Plc
  • Globacom Limited
  • Guaranty Trust Bank
  • Central Bank of Nigeria
  • Nigeria LNG Limited (NLNG)
  • Unilever Nigeria Plc
  • Guinness Nigeria
  • First Bank of Nigeria
  • Julius Berger Nigeria Plc
  • Cadbury Nigeria Plc
  • Saipem
  • Nigerian Bottling Company
  • The Procter & Gamble Company
  • Oando
  • General Electric Company (GE)
  • KPMG International Cooperative
  • GlaxoSmithKline
  • FrieslandCampina WAMCO Nigeria
  • Schlumberger
  • Diamond Bank
  • Baker Hughes
  • PricewaterhouseCoopers
  • The Power Holding Company of Nigeria
  • The Nigeria Immigration Service (NIS)
  • United Bank for Africa
  • Seven-Up Bottling Company
  • Lafarge (company)
  • National Agency for Food and Drug Administration and Control
  • Honeywell Group
  • UAC of Big. Plc
  • Arik Air
  • Eko Hotels and Suites
  • Halliburton
  • Airtel Networks Limited
  • The International Institute of Tropical Agriculture ( IITA )
  • Accenture
  • May & Baker Nigeria Plc
  • Standard Organization of Nigeria (SON)
  • Addax Petroleum
  • Conoil
  • Chi Limited

#1 SPDC – Shell Petroleum Development Company Of Nigeria

Starters at Shell earn around ₦667,000, making them one of the highest-paying oil companies in Nigeria.

SPDC is the pioneer and leader of the oil business in Nigeria. It has the biggest real area of land measured in acres in the nation, from which it creates approximately 39 percent of the country’s oil.

The organization’s activities are amassed in the Niger Delta and abutting shallow offshore territories where it works in an oil mining lease region of around 31,000 square kilometers.


SPDC has over 6,000 kilometers of pipelines and flow lines, 87 flow stations, 8 gas plants, and more than 1,000 delivering wells. The organization formally employs more than 4,500 individuals, of whom 95 percent are Nigerians. Around 66 percent of the Nigerian staff individuals are from the Niger Delta. Another 20,000 people are employed indirectly through organizations that provide supplies and services.

See this scholarship: Shell Scholarship for Nigerian Students | Requirements & How to Apply

#2 Chevron

Chevron can not be left out when talking about the best and highest paid oil companies in Nigeria. For a start, Chevron staff are paid ₦750,000 and above. Chevron Corporation is an American global energy enterprise.

One of the successor organizations to Standard Oil, it is headquartered in San Ramon, California, and is active in more than 180 nations.

Chevron is occupied with each part of the oil, natural gas, and geothermal energy ventures, including hydrocarbon exploration and production; refining, marketing, and transport; chemical manufacturing and sales; and power generation.

Chevron is one of the world’s biggest oil organizations; starting in 2019, it positioned eleventh in the Fortune 500 rundown of the top US firmly held and open companies and 28th on the Fortune Global 500 rundown of the main 500 partnerships around the world.

It was likewise one of the Seven Sisters that overwhelmed the worldwide oil industry from the mid-1940s to the 1970s. Chevron has its incorporation in California.

Chevron’s downstream division manufactures and sells products, for example, fuels, lubricants, additives, and petrochemicals.

Read this also: NNPC/Chevron Scholarship for Nigerian Undergraduates

#3 Exxon Mobil Corporation

Exxon Mobil Corporation, working together as ExxonMobil, is an American global oil and gas enterprise headquartered in Irving, Texas. It is the biggest direct relative of John D. Rockefeller’s Standard Oil and was formed on November 30, 1999, by the merger of Exxon (in the past, the Standard Oil Company of New Jersey) and Mobil (some time ago, the Standard Oil Company of New York). ExxonMobil’s essential brands are Exxon, Mobil, Esso, and ExxonMobil Chemical. ExxonMobil is consolidated in Texas.

ExxonMobil is one of the world’s biggest oil companies and will be one of the highest-paid oil companies in Nigeria in 2023. For a start, Exxon Mobil workers earn N1,000,000.

Read More: Exxon-Mobil Undergraduate Scholarship

#4 Nigerian National Petroleum Corporation

The Nigerian National Petroleum Corporation (NNPC) is the oil corporation through which the government of Nigeria controls and participates in the nation’s oil industry. The NNPC business activities are overseen through Strategic Business and Corporate Services Units (SBUs/CSUs) in differing areas across Nigeria.

The Nigerian National Petroleum Corporation (NNPC) started an enrollment scheme, and from that point forward until this date, the NNPC’s enrollment has been a yearly plan. NNPC will be one of the highest-paid oil companies in Nigeria in 2023. It pays 190,000 to new employees.

See Also: NNPC-SNEPCo National University Scholarship | Requirements & How to Apply

#5 MTN Group Limited

MTN Group Limited, once known as M-Cell, is a South African worldwide mobile telecommunications organization working in numerous African, European, and Asian nations. Its administrative center is in Johannesburg.

As of June 30, 2016, MTN recorded 232.6 million subscribers, making it the eighth-largest versatile system administrator and the biggest in Africa. Active in more than 20 nations, 33% of the organization’s income originates from Nigeria, which holds about 35% of the overall industry. MTN Nigeria pays its employees ₦250,000.

Check this also: MTN Foundation Scholarship for Nigerian Undergraduate Students

#6 Nestle Nigeria Plc

Nestle Nigeria Plc is an openly recorded food and beverage specialty organization with its headquarters in Lagos. It is the dominant part possessed by Nestle S.A. of Switzerland. The organization was established in 1961 and traded under Nestle Products Nigeria Limited.

It has its principal processing plant in Agbara Industrial Estate, Ogun State. The firm manufactures breakfast cereal, infant nutrition products, food seasoning, and hydrolyzed plant protein blends. Nestle can be regarded as one of the best companies to work for in Nigeria.

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#7 The Nigerian Civil Service

The Nigerian Civil Service comprises workers in government agencies other than the military and police. Most workers are career civil servants in the Nigerian ministries, advancing depending on qualifications and rank.

As of late, the administration’s leader has been bringing measures on board to make the ministries increasingly productive and receptive to people in general. If you are thinking of the highest-paying government jobs in Nigeria, think of the Nigerian Civil Service.

Also Read: Federal Government Scholarships for Undergraduates and Postgraduates

#8 Total

Total is a French global incorporated oil and gas organization established in 1924 and one of the planet’s six “supermajor” oil organizations. Its businesses cover the whole oil and gas chain, from unrefined petroleum and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and worldwide crude oil trading.

Total is known for large-scale chemical manufacturing. Apart from being one of the most prestigious oil and gas firms in Nigeria, it is also one of the highest paying firms in Nigeria, with a monthly salary of about ₦1,000,000 for beginners.

Check this out: NNPC-TOTAL Scholarship for Nigerian Undergraduates Students| Requirements & How to Apply

#9 Dangote Group

The Dangote Group is a Nigerian worldwide industrial conglomerate established by Aliko Dangote. It is the biggest conglomerate in West Africa and one of the biggest on the African continent.

The group employs above 300,000 individuals, creating income in abundance of US$ 4.1 billion in 2017. This is a private industry with its headquarters in Lagos, Lagos State, Nigeria. Its products include concrete, sugar, salt, flour, steel, oil, and gas.

Presently, Dangote group owns and operates about 18 subsidiaries, operating in ten countries in the African continent. It pays ₦150,000 to its new workers.

#10 Nigerian Breweries Plc

Nigerian Breweries Plc is the pioneer and biggest brewing organization in Nigeria. It serves the Nigerian market and exports to different parts of West Africa.

This is an alcoholic beverage industry that was founded 16 November 16, 1946 (Nigerian Brewery, Limited). Its headquarters is in Iganmu House, Abebe Village Road, Iganmu, Surulere, Lagos, Lagos State, Nigeria. Its products include beer, brewing, marketing, and selling alcoholic and Non-alcoholic beverages (lager, stout, malt, and soft drinks). For a start, Nigerian breweries offer a salary of ₦350,000.

#11 Globacom Limited

Commonly known as Glo, Globacom Limited is a Nigerian multinational telecommunications company established on August 29, 2003, by Mike Adenuga. This company is a private enterprise that specializes in media communications. It is headquartered in Lagos, Lagos State, Nigeria. Its products include integrated telecommunication services, etc. Its revenue in 2013 was $ 1.178 billion. It pays its new staff ₦120,000.

#12 Guaranty Trust Bank

Guaranty Trust Bank plc, or GTBank or just GTB, is a global Nigerian financial institution that offers online/internet banking, retail banking, corporate banking, investment banking, and asset management services, with its administrative center in Victoria Island, Lagos.

This public limited company was founded on January 17, 1990. It pays 209,000 to new employees, making it one of the highest-paying banks in Nigeria.

#13 Central Bank of Nigeria

The Central Bank of Nigeria (CBN) is the Central bank and peak money-related authority of Nigeria set up by the CBN Act of 1958 and started operation on July 1, 1959.

Its headquarters is in Abuja, FCT, Nigeria, and it was established in 1958

The major regulatory objectives of the bank, as stated in the CBN Act, are to: maintain the country’s external reserves, promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government.

The major administrative targets of the bank, as expressed in the CBN Act, are to keep up the nation’s external reserves, advance fiscal strength and a sound monetary condition, act as a banker after all other options have run out, and a money-related guide to the government.

That, however, does not make it Nigeria’s highest-paying bank. New employees at Nigeria’s central bank earn around $122,000 per month.

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#14 Nigeria LNG Limited (NLNG)

Nigeria LNG Limited (NLNG) is a liquefied natural gas (LNG)- producing organization and a liquified natural gas plant on Bonny Island, Nigeria.

Nigeria LNG Limited was incorporated as a restricted-risk organization on May 17, 1989, to produce LNG and natural gas fluids (NGF) for trade.

The TSKJ consortium operated the plant, which former Halliburton subsidiary KBR led. Different members of the consortium were Snamprogetti, Technip, and JGC Corporation. The NLNG is one of the best-paying oil companies in Nigeria. Its new workers go home with ₦160,000 at the end of every month.

Check this Scholarship: Nigeria LNG Scholarship Scheme

#15 Unilever Nigeria Plc

Unilever Nigeria Plc is a publicly listed organization with trading and manufacturing enthusiasm for the consumer products market. In 2014, it was recorded among the 20 most important organizations cited on the Nigerian Stock Exchange (NSE).

Unilever Nigeria Plc is an auxiliary of Unilever Overseas Holding B.V. It is a consumer good founded in 1923 and is headquartered in Lagos, Nigeria. Its products include Close-Up (toothpaste), pepsodent toothpaste, LUX soap, Lifebuoy soap, Rexona, Vaseline lotion and Vaseline Petroleum Jelly, Blue Band Margarine, Lipton Yellow Label Tea, and Knorr.

#16 Guinness Nigeria

Guinness Nigeria, an auxiliary of Diageo Plc of the United Kingdom, was incorporated in 1962 with the building of a brewery in Ikeja, the core of Lagos. The brewery was the first Guinness activity outside Ireland and Great Britain.

Different breweries have been opened after some time, including Benin City Brewery in 1973 and Ogba Brewery in 1963. Guinness is an alcoholic beverage and was established on April 29, 1950, with its headquarters at 24 Oba Akran Avenue, Ikeja, Lagos State., Nigeria.

Its products include beer brewing, bottling, and marketing of Guinness Foreign Extra stout, Harp Lager, Malta Guinness, and other Beverages. Guinness pays ₦120,000 to its new staff.

You might want to check this out: Guinness Nigeria Plc Undergraduate Scholarship

#17 First Bank of Nigeria

First Bank of Nigeria, now and again called FirstBank, is a Nigerian global bank and a company that specializes in financial services and is headquartered in Lagos. It is the biggest bank in Nigeria by total deposits and gross income.

It operates a network of more than 750 business areas across Africa and the UK and delegates workplaces in Abu Dhabi, Beijing, and Johannesburg set up to capture exchange-related business between geographies.

The bank specializes in retail banking and has the biggest retail customer base in Nigeria. It is a public finance industry founded in 1894 with its headquarters in 35 Marina, Lagos, Lagos State, Nigeria.

Also Read: How to Become a First Bank POS Agent in Nigeria

#18 Julius Berger Nigeria Plc (company)

Julius Berger is a construction company in Nigeria, with its headquarters at 10 Shettima A. Munguno Crescent, 900 108 Utako, Abuja, FCT, Nigeria, and additional permanent locations in Lagos and Uyo.

This is a public company and was established in 1950 Headquarters

Its products include pre-engineered steel building services, design, fabrication, and erection. It has 18,000 employees from about 40 nations and clients from Nigeria and the multinational oil and gas industry. Julius Berger is one of the top construction companies and one of the largest private employers in Nigeria.

#19 Cadbury Nigeria Plc

Cadbury Nigeria Plc is a food, sweets, and beverage company headquartered in Lagos, Nigeria, and publicly traded on the Nigerian Stock Exchange (NSE).

Mondelez International dominates the organization. The company’s lead product is Bournvita, which contains brands from Nestle, GlaxoSmithKline, and Promasidor. It pays new employees ₦130,000 monthly.

#20 Saipem

Saipem S.p.A. (Società Anonima Italiana Perforazioni e Montaggi) is an Italian oil and gas industry contractor. It was an auxiliary of the Italian vitality organization Eni, which claimed around 30% of Saipem’s shares until 2016. Saipem has been contracted to design and construct pipelines, including Blue Stream, Greenstream, Nord Stream, and South Stream.

#21 Nigerian Bottling Company

Nigerian Bottling Company is one of the world’s biggest bottlers of beverages from The Coca‑Cola Company.

Nigeria serves around 180 million individuals by producing and distributing a novel portfolio of quality brands, bringing passion to commercial center implementation, and exhibiting initiative in corporate social obligation.

Nigerian Bottling Company is a packaging partner of The Coca-Cola Company. The Coca-Cola Company manufactures and sells concentrates, bases, and syrups to its bottling partners, owns the brands, and is in charge of buyer brand promotion.

It utilizes concentrates and syrups for manufacturing, packaging, marketing, and distributing the final branded products to the partners and consumers of its trade. It pays its new staff about 000 monthly.

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#22 The Procter & Gamble Company (P&G)

Before the sale of Pringles to Kellogg’s, its product portfolio also included foods, snacks, and beverages. P&G is incorporated in Ohio.

The Procter and Gamble Company (P&G) is an American worldwide consumer goods corporation with its headquarters in Cincinnati, Ohio, established in 1837 by William Procter and James Gamble.

It specializes in a wide scope of individual health/customer health and personal and hygiene items; these items are sorted out into fragments, including beauty, Grooming, Health Care, Fabric and Home Care, and baby, feminine, and Family Care. Before the sales of Pringles to Kellogg’s, its item portfolio included foods, snacks, and beverages. This company is incorporated in Ohio.

#23 Oando

Oando PLC is an African indigenous energy organization working upstream, midstream, and downstream.

This company is a public company in the oil and gas industry. It was established in 1956 and has its headquarters on Victoria Island in Lagos, Nigeria. Its products include oil, petroleum, natural gas, petrochemicals, fuel, and lubricants. For a start, Oando plc. Oando pays its employees N200,000. This improves after a while.

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#24 General Electric Company (GE)

General Electric Company (GE) is a worldwide American conglomerate incorporated in New York City and headquartered in Boston.

Starting in 2018, the organization works through the accompanying sections: aviation, health care, power, renewable energy, digital industry, additive manufacturing, investment, and account and lighting. GE is also known as one of the highest-paying jobs in Nigeria and one of the best companies to work for in Nigeria. Fresh employees of General Electric are paid ₦300,000.

#25 KPMG International Cooperative

KPMG International Cooperative is known as KPMG and is a worldwide expert services network and one of the Big Four accounting companies. It is a swiss cooperative industry that renders professional services and was established in 1987. Its services include actuarial, assurance, financial/legal, tax advice, and consulting. It pays ₦145,000 to its new workers.

Check this ongoing scholarship: KPMG Nigeria Scholarship for Undergraduates| Requirements & How to Apply

#26 GlaxoSmithKline

GlaxoSmithKline plc (GSK) is a British worldwide pharmaceutical organization headquartered in Brentford, London. GSK was established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham and was the world’s seventh-biggest pharmaceutical organization as of 2015, after Johnson & Johnson, Pfizer, Novartis, Merck, Hoffmann-La Roche, and Sanofi. This is a limited public industry that produces the following: Pharmaceuticals, vaccines, oral healthcare, nutritional products, and over-the-counter medicines.

#27 FrieslandCampina WAMCO Nigeria

For consumers in Nigeria, the Peak brand is synonymous with milk. Peak is the brand of its operating company, which works with local partners. The products sold by this company include evaporated milk and powder and processed milk powder.

FrieslandCampina WAMCO is located in Lagos, Nigeria, and processes a considerable amount of milk powder. This company distributes its products to consumers via an extensive distribution network and open markets. Its second dairy brand is Three Crowns.

#28 Schlumberger

Schlumberger Limited is an international oilfield services company. Schlumberger has roughly 100,000 workers representing more than 140 nationalities working in more than 120 nations. Schlumberger has four official headquarters in Paris, Houston, London, and The Hague.

This is a Public company and is an Oilfield services & equipment Industry established in 1926 in France by Conrad and Marcel Schlumberger. It pays its fresh workers a salary of ₦500,000.

#29 Diamond Bank

Diamond Bank Plc. was a Nigerian global financial services provider. In December 2018, Diamond Bank was acquired by Access Bank, and it is expected to complete the exchanges of the merger completely in the first half of 2019. On April 1, 2019, Diamond Bank was completely merged with Access Bank to form a new entity, holding the name of Access Bank with a logo that appeared as Diamond Bank. The services it offers include banking and financial services. It pays it newly employed staff ₦150,000.

#30 Baker Hughes

Baker Hughes Company is one of the best-paid companies in Nigeria. It is a global industrial organization and one of the world’s biggest oil field services companies. The organization furnishes the oil and gas industry with products and services for oil drilling, formation assessment, completion, generation, and reservoir consulting. This company is organized in Delaware and has its headquarters in Houston.

Baker Hughes provides a wide range of products and services, covering all oil and gas exploration and production areas.

#31 PricewaterhouseCoopers

PricewaterhouseCoopers International Limited (doing business as PwC) is a global professional services firm with its headquarters in London, UK. PwC is the second-biggest expert services firm globally and is considered one of the “big four” firms specializing in accounting, along with Deloitte, EY, and KPMG. Its services include assurance, advisory, tax advisory, tax controversy, strategy consulting, data & analytics, management consulting, financial advisory, actuarial, and legal.

#32 The Power Holding Company of Nigeria

The Power Holding Company of Nigeria is one of the best paid companies in Nigeria (abbreviated PHC or PHCN); previously, the National Electric Power Authority (shortened NEPA) was a company overseeing electricity use in Nigeria. The organization runs a football team, NEPA Lagos. It represents Nigeria in the West African Power Pool. Fresh employees of General Electric are paid ₦300,000.

#33 The Nigeria Immigration Service (NIS)

NIS, one of the best-paid and highest-paying government jobs in Nigeria, was extracted from the Nigeria Police Force (NPF) in August 1958. It was then alluded to as the Immigration Department and headed by the Chief Federal Immigration Officer (CFIO).

The Immigration Department was founded by an Act of Parliament (Cap 171, Laws of the Federation of Nigeria) on August 1, 1963 when Alhaji Shehu Shagari was the Minister of Internal Affairs (a position currently alluded to as Minister of Interior).

The underlying law regulating immigration duties was the Immigration Act of 1963, which was changed in 2014 and again in 2015 (Immigration Act, 2015).

The Service has 1963 been rebuilt to oversee current relocation in accordance with worldwide, provincial and sub-local political arrangements.

#34 United Bank for Africa

Founded in 1949, United Bank for Africa (UBA) Plc is a leading financial services group with its headquarters in Nigeria. It is one of Africa’s ideal and strongest financial groups, with operations in 20 African nations and workplaces in three worldwide monetary centers: London, Paris, and New York.

This public industry offers financial, banking, and investment services. Its products include Internet banking, Mobile banking, wholesale banking, Corporate banking, investment banking, consumer banking, money transfer, and debit cards. Its new employees earn ₦142,000. That’s good for a start.

#35 Seven-Up Bottling Company

Seven-Up Bottling Company Ltd. is a soda drink producer headquartered in Lagos, Nigeria, and was established by Mohammed El-Khalil. The shares of this company were previously quoted on the Nigerian Stock Exchange. Yet, after a buyout of exceptional public shares by the investment arm of the founder’s family, it turned out to be exclusive.

#36 Lafarge (company)

Lafarge S.A. is a French industrial organization with expertise in three significant products: cement, construction aggregates, and concrete.

It was established in 1833 and is headquartered in Paris, France. Its products include cement, construction aggregates, asphalt production, and concrete.

On 10 July 2015, Lafarge signed in for a merger with Holcim, a Swiss cement company. Five days after that date, the new company was officially launched worldwide under LafargeHolcim, creating a new leader in the Building Materials sector.

#37 National Agency for Food and Drug Administration and Control

The National Agency for Food and Drug Administration and Control (NAFDAC) is a federal agency under the Federal Ministry of Health that is liable for managing and controlling the manufacture, importation, exportation, advertisement, distribution, sale, and utilization of food, drugs, cosmetics, medical devices, chemicals, and packaged water in Nigeria. It is headquartered in Abuja, FCT, Nigeria.

This agency was founded in 1993 to checkmate illicit and counterfeit products in Nigeria under the country’s health and safety laws. This agency is regarded as one of the highest paying government jobs in Nigeria.

#38 Honeywell Group

This company is not to be mistaken for Honeywell, a global American conglomerate.

Honeywell Group is a conglomerate situated in Nigeria. Its operations is in diversified businesses, for example, food and agriculture, telecommunications and infrastructure, real estate, and money-related services.

This private industry was established in 1972 by its group chairman, Dr. Oba Otudeko. It is headquartered in Lagos, Lagos State, Nigeria, and deals in the following products: flour, wheat, Noodles, Pasta, and its services include Energy, Real Estate, Security, and Hospitality.

#39 UAC of Big. Plc

UAC of Nigeria PLC (UAC) is a leading diversified company working in the economy’s food and beverage, real estate, paint, and logistics sectors. UAC has been a preeminent and dynamic participant in the Nigerian monetary landscape since 1879.

The Company’s brand portfolio incorporates leading brands, for example, Gala Sausage Roll, Mr. Bigg’s, Funtime Coconut chips, Supreme Ice cream, Swan Natural Spring Water, Dulux Paint, Grand Soya Oil, Vital Feeds, Bingo Dog Food, Livestock Feeds, Grand Cereals Cornflakes, and Sandtex Paint.

#40 Arik Air

Arik Air is a Nigerian airline with hubs at Murtala Muhammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja. Its administrative center is the Arik Air Aviation Center on the grounds of Murtala Muhammed International Airport in Ikeja. Arik Air serves a system of regional and mid-haul destinations within the African continent.

It was established in 2002. It pays its new workers ₦250,000 and is one of the most established airlines in the country.

#41 Eko Hotels and Suites

Eko Hotels and Suites is a five-star conference center hotel located in Lagos.

Its address is Plot 1415 Adetokunbo Ademola Street, PMB 12724, Victoria Island, Lagos, Lagos State, Nigeria. This hotel has 825 rooms and 8 restaurants. Eko Hotels and Suites is the largest hotel in Nigeria and, hence is one of the best-paid companies to work for in Nigeria.

Events at this hotel include; concerts, movie premieres, worldwide exhibitions, weddings, conferences, and award ceremonies. The Convention center is normally utilized for these occasions and can contain up to 6,000 individuals.

#42 Halliburton

Halliburton is one of the best-paid companies to work for in Nigeria. This company is an American global enterprise. One of the world’s biggest oil field service organizations operates in about 70 nations. It has affiliates, subsidiaries, divisions, and brands globally and utilizes roughly 55,000 individuals. It is a public company and was established in 1919 in Duncan, Oklahoma, U.S by Erle P. Halliburton and is headquartered in Houston Center, Houston, Texas, U.S.  It provides products and services to the energy industry

#43 Airtel Networks Limited

Airtel Networks Limited (Airtel Nigeria) is a leading mobile telecommunications organization in Nigeria. Per the statistics of subscribers released by the Nigerian Communications Commission (NCC) on August 30, 2019, Airtel Nigeria has a 26.8% cell phone market share and 46.8 million subscribers. The organization is a member of Airtel Africa, the holding firm for operations of Bharti Airtel in 14 nations in Africa. It pays ₦100,000 to new employees.

#44 The International Institute of Tropical Agriculture ( IITA )

The International Institute of Tropical Agriculture (IITA) works with partners to improve crop quality and efficiency, decrease risks that producers and consumers are liable to encounter and create wealth from agriculture, with a definitive objective of diminishing hunger, unhealthiness, and poverty.

IITA’s research for advancement (R4A) centers around attending to the improvement needs of tropical nations. The organization was built up in 1967 and has its headquarters in Ibadan, Nigeria, with a few research stations across the African continent. IITA is a nonprofit company governed by a Board of Trustees, bolstered by a few nations and the Consultative Group on International Agricultural Research (CGIAR).

Its motto is Transforming Africa’s Agriculture

#45 Accenture

Accenture plc, stylized as accenture, is one of the best paid companies in Nigeria. It is an Irish-domiciled global expert services organization that provides services in the following: strategy, consulting, digital, technology, and operations.

#46 May & Baker Nigeria Plc

May & Baker Nigeria Plc is one of the best-paid companies to work for in Nigeria and was established on September 4, 1944, as the first pharmaceutical company in Nigeria.  This company originated in England, the UK, in 1834, when three chemists established Grimwade, May & Pickett, a firm manufacturing chemical for pharmaceutical products.

#47 Standard Organization of Nigeria (SON)

The Standard Organization of Nigeria (SON) is the sole regulatory body responsible for the standardization and regulation of the quality of all products in Nigeria. SON came into the establishment by the Act No.56 of 1971.

The Federal Government of Nigeria introduced the SON Conformity Assessment Programme (SONCAP) as a mandatory scheme to ensure the quality and standards of all imports of regulated products into Nigeria.

SON is a full member of the International Organization for Standardization (ISO), and its mandate includes the preparation of standards related to products, measurements, materials, processes, and services, etc.; their promotion at the following levels: national, regional, and international; the certification of products; assistance in the production of quality goods and services; improvement of measurement accuracy; and the circulation of information in relation to standards.

#48 Addax Petroleum

This is one of the best-paid companies to work for in Nigeria. It was founded in 1994 and, since August 2009, has been an auxiliary of the Sinopec Group, one of the largest oil and gas producers in the nation of China, the biggest oil refiner in Asia, and the third largest globally.

Addax Petroleum was a company that majors in international gas and oil production and exploration, mainly focused on the Middle East, the North Sea, and Africa. Since 1994, the company has become one of the largest oil producers in West Africa.

This company is a private industry; its products include petroleum, oil, & gas. For a start, Addax pays its employees 300,000. This comes with multiple benefits.

Read Also: NNPC-ADDAX Nigerian Undergraduate Scholarship

#49 Conoil

This company is regarded as one of the highest paying companies in Nigeria. Conoil Plc is a petroleum marketing company based in Nigeria that sells the following: regulated gasoline and kerosene, diesel, aviation fuel, and low-pour fuel.

Other business activities of Conoil Plc include producing and marketing lubricants under the brand name Quatro. Until Conpetro acquired it in 2002, the company was previously known as National Oil and Chemical Marketing Plc.

It was established in 1927 and is headquartered in Lagos. Starters at Conoil earn about ₦200,000.

#50 Chi Limited

Incorporated in 1980, Chi Limited is a fast-moving consumer goods (FMCG) company that provides consumer products in the following sectors: dairy, beverages, and snacks. Headquartered in Lagos, Nigeria, it is primarily owned by The Coca-Cola Company.

It is a consumer goods industry and was established in 1980. Its products include juices and nectars, milk and yogurt drinks, and snack foods.

Chi Limited’s major manufacturing facility is situated in Lagos. The firm’s flagship products include Capri-Sonne and Chivita, which holds the Nigerian license to market Capri sun.

Read More: Nigerian Agip Oil Company (NAOC) Undergraduate Scholarship

Highest Paying Oil Companies in Nigeria


Entry Level Salary: N7, 000,000 – N12, 000,000 / year
Total is arguably the highest paying company in Nigeria today, with about 1700 employees.​

Check this scholarship: NNPC-TOTAL Scholarship for Nigerian Undergraduates Students| Requirements & How to Apply


Entry Level Salary: N6, 000,000 – N10, 000,000 / year
Through its two upstream subsidiary companies, ExxonMobil is the second-largest oil producer in Nigeria, with a cumulative total of up to 4 million deep-water/shallow-water offshore acreage.

​Check out this scholarship: Exxon-Mobil Undergraduate Scholarship


Entry Level Salary: N6, 000,000 – N9, 000,000 / year
Chevron is the third-largest oil producer in Nigeria, with a daily production capacity of over 230,000 barrels of crude oil.​


Entry Level Salary: N3, 360,000 – N7, 800,000 / year
Shell Nigeria is the oldest and largest oil producer in the country. It produces over 600,000 barrels daily (about 21% of Nigeria’s daily output), with about 6000 employees, of which about 90% are Nigerian nationals, including its current MD.​


Entry Level: N3,600,000 – N5,000,000 / year
Aiteo is an upwardly mobile Nigerian independent E&P company with ambitious interest in some of the world’s most significant basins.​


Entry Level: N3,600,000 – N6,000,000 / year
Schlumberger is a multinational E&P oilfield service provider specializing in technology, information, and management solutions in midstream and upstream sub-sectors.​


Entry Level: N3, 600,000 – 4,500,000 / year
Halliburton is a multinational upstream E&P service provider specializing in operational and reservoir solutions.​


Entry Level: N2, 400,000 – N4, 800,000 / year
Saipem Nigeria is a subsidiary company of the Italian oil giant Eni.


Entry Level: N2, 400,000 – N4, 800,000 / year
Seplat is a front-line Nigerian independent upstream E&P company listed in Nigeria and London stock exchanges.​

See this ongoing scholarship: NNPC/SEPLAT Undergraduate Scholarship Awards | Requirements & How to Apply


Entry Level: N1, 800,000 – N4, 800,000 / year
Oando is Nigeria’s first IOC, with annual revenue of $1.9 billion as far back as 2010.​


Entry Level: N1,800,000 – N3,600,000 / year
Conoil is an indigenous IOC with about 6 blocks in the Niger Delta and a 25% Equity Stake in Block 4 of the Joint Development Zone (JDZ)​

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