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Home » Best Highest Paying Companies in Lagos

Best Highest Paying Companies in Lagos

by Ayomide Alausa
April 26, 2024
in News
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Are you looking for the highest paying companies in Lagos? you’re in luck! This article is your guide to the most reputable companies that offer the best salary packages to their employees. 

Lagos has a highly competitive job market with numerous companies offering excellent compensation packages to attract and retain talented and skilled individuals. Whether you’re interested in the petroleum industry or the banking sector, these companies are known for their generous salaries.

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So, if you’re a job seeker in Lagos, it might do you some good to know which companies offer the highest salaries. To help you out, we’ve got a list of the best companies where you can get good pay.

Keep reading to discover which companies are at the forefront when it comes to salaries and benefits.

Best Highest Paying Companies in Lagos

Here are the top paying companies in Lagos, Nigeria.

1. Shell Petroleum Development Company (SPDC)

Shell Petroleum Development Company (SPDC), popularly known as Shell, is one of the biggest multinational Petroleum companies in Nigeria, with a market capitalization amounting to over 200 billion U.S. dollars.

Shell is well-known in the oil and gas industry, with a strong focus on exploration, production, and distribution. They have been heavily involved in various energy-related activities for over 40 years, including gas development and production for both domestic and export markets. As one of the highest earning companies in Lagos, Shell oversees the majority of the oil and gas exploration and production in the country.

When it comes to finding a career as a young graduate, Shell is indeed a great option and if you play your cards right, you too can start enjoying oil money.

Average Senior roles: 2.2 million per month

Average Entry level roles: 95k per month

2. MTN Nigeria

MTN Nigeria is one of the largest mobile telecommunications operators that provides wireless and mobile phone services to Nigerians. According to the Guardian newspaper, they have an estimated 12.7 million customers across Nigeria. With a large subscriber base, it’s not surprising that MTN Nigeria is regularly on the lookout for new employees.

Now, MTN has offices in more than 20 locations in Lagos including Ikorodu, Ipaja, Lekki, Isolo, Mushin, Okota, Badagry, Ebute Metta, and Gbagada,p among others.

For learning, a good work environment, and nice pay, you should consider taking a job at MTN.

Average Senior roles: 775k naira per month

Average Entry Level roles: 80k naira per month

3. Chevron Nigeria Limited

Chevron, a highly regarded Nigerian company in the oil and gas exploration and production industry, is widely recognized as the country’s most generously compensated corporation.

In partnership with NNPC, Chevron oversees all offshore and onshore operations in the Niger Delta region of Nigeria. While its primary operations are located in Lagos, chevron offers the opportunity to work in various other locations worldwide, depending on your position.

Average Senior roles: 1 million naira per month

Average Entry Level roles: 100k – 300k per month 

4. KPMG International Cooperative

KPMG, a top business advisory and accounting firm, is known for offering high-quality professional services across many countries, including Nigeria. 

Its employees enjoy great compensation packages, which include an average monthly salary of 400k, as well as the opportunity to gain valuable career experience.

Average Senior Role: 750,000 naira

Average Entry Level Role: 197,000 naira

5. Ardova Plc

Ardova Plc is a well-established energy company that specializes in distributing petroleum products in Nigeria and beyond. The company has been in operation since 1964 and has its headquarters in Lagos, as well as a branch in Ghana.

The average revenue at Ardova Plc is about 20 million naira per year, which makes it one of the highest paying companies in Lagos. The company values employee growth and provides opportunities for professional development and career advancement.

Average Senior Role: 700,000 naira per month

Average Entry Level Role: 150,000 naira per month

6. Total Energy

Total Energy is a multinational energy and petroleum company in Nigeria. With over 100,000 employees and a network of over 540 service stations across the country, they are currently one of the highest paying companies in Lagos.

So if you’re looking to gain valuable experience or kickstart your career in the oil and gas industry, working at Total Energy is a good place to start.

Average Senior Role: 2 million per month

Average Entry Level Role: 400k per month

7. Access Bank

Access Bank Plc is an excellent choice for fresh graduates looking for a fulfilling and stimulating career.

With more than 15,000 employees and over 500 branches across Nigeria, it is a prominent financial institution that provides competitive salaries and a comprehensive benefits package, including health insurance, retirement benefits, and paid time off.

Average Senior Role: 3 million naira per month

Average Entry Level Role: 350k naira per month

Wrap Up

These top 7 highest paying companies in Lagos provide impressive compensation packages and benefits to their employees, making them an attractive option for those looking to build a successful career.

Nevertheless, it’s important to keep in mind that success should not be measured solely by the amount of money earned, but by the impact you have on the world around you.

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