Top 10 Highest-Paying Companies in Nigeria in 2025

Nigeria's economy continues to evolve, driven by innovation, entrepreneurship, and most notably, its young and dynamic population. With a median age of around 18 years, the country boasts a vibrant talent pool—ambitious, educated, and ready to shape the future.

However, compensation across sectors in Nigeria varies widely. While some organizations still struggle with equitable pay structures, others are setting the bar for competitive salaries and employee welfare. These top-paying companies are not only known for their high salary scales but also for offering robust career development and attractive work environments.

Here are the Top 10 Highest-Paying Companies in Nigeria in 2025, based on updated insights from industry sources and recent salary trends.

1. Shell Petroleum Development Company (SPDC)

Shell remains a top player in Nigeria’s oil and gas industry. Known for its generous compensation packages, SPDC offers attractive salaries, bonuses, housing allowances, and international training opportunities. Employees here are among the highest paid in the Nigerian private sector.



Industry: Oil & Gas
Estimated Average Annual Salary: ₦25 million – ₦40 million

2. Chevron Nigeria Limited

Chevron is a consistent leader when it comes to employee benefits. As a subsidiary of the U.S.-based Chevron Corporation, the company provides international-standard pay, excellent pension schemes, and comprehensive health coverage.



Industry: Oil & Gas
Estimated Average Annual Salary: ₦20 million – ₦35 million

3. Mobil Producing Nigeria (ExxonMobil)

Mobil is another oil giant in Nigeria that offers lucrative salary packages. Employees benefit from robust welfare policies, annual bonuses, and top-tier training both locally and abroad.



Industry: Oil & Gas
Estimated Average Annual Salary: ₦18 million – ₦30 million

4. Nigerian National Petroleum Company Limited (NNPC Ltd.)

Following its recent transformation into a fully commercial entity, NNPC Ltd. has adopted more competitive remuneration structures to attract and retain top talent, especially in technical and managerial roles.



Industry: Oil & Gas (State-owned)
Estimated Average Annual Salary: ₦15 million – ₦28 million

5. MTN Nigeria

MTN Nigeria, the country’s largest telecom provider, is also one of the most rewarding employers. The company is known for high executive pay, generous performance bonuses, and benefits such as stock options and training grants.



Industry: Telecommunications
Estimated Average Annual Salary: ₦12 million – ₦25 million

6. Nestlé Nigeria Plc

As a subsidiary of the Swiss multinational Nestlé S.A., Nestlé Nigeria provides staff with globally-aligned compensation. Professionals in sales, marketing, and supply chain functions tend to earn particularly well.



Industry: FMCG (Food & Beverage)
Estimated Average Annual Salary: ₦10 million – ₦18 million

7. TotalEnergies Nigeria

TotalEnergies is a well-respected multinational in Nigeria’s oil sector, with staff receiving competitive salaries, international exposure, and family welfare packages. The company also focuses on energy transition and sustainability.



Industry: Oil & Gas
Estimated Average Annual Salary: ₦14 million – ₦26 million

8. Dangote Group

Dangote Group, Nigeria’s largest industrial conglomerate, is not just a job—it’s a career. With operations in cement, sugar, salt, and now refining, Dangote Group offers high salaries, especially in technical, finance, and engineering roles.



Industry: Conglomerate (Manufacturing, Industrial)
Estimated Average Annual Salary: ₦10 million – ₦20 million

9. Nigerian Breweries Plc

As part of the Heineken Group, Nigerian Breweries provides employees with competitive salaries, profit-sharing options, and excellent career growth prospects, especially in marketing, operations, and logistics.



Industry: FMCG (Beverages)
Estimated Average Annual Salary: ₦9 million – ₦15 million

10. Flour Mills of Nigeria Plc

Flour Mills offers substantial compensation across its departments—especially in technical and management positions. It’s one of the country’s largest employers in the food sector and offers a blend of stability, reward, and growth.

Industry: Food Processing & Agribusiness
Estimated Average Annual Salary: ₦8 million – ₦14 million

Conclusion

The year 2025 marks a shift in Nigeria’s job market, with more companies embracing global best practices in compensation and employee satisfaction. While oil and gas still dominate in terms of pay, other sectors—like telecoms, FMCG, and manufacturing—are quickly catching up.

For professionals looking to maximize their earning potential in Nigeria, targeting one of these top-paying companies could be the game-changer. But remember, skills, qualifications, and experience remain the golden ticket to landing these premium roles.