Home > Salary > Nigeria > Bank Officer
A bank officer is responsible for overseeing various banking operations and ensuring the smooth functioning of the branch. They handle customer inquiries, provide financial advice, process loan applications, and manage accounts. Bank officers also assist in opening new accounts, promoting banking products and services, and resolving any issues or complaints. They are required to have a thorough understanding of banking procedures, regulations, and compliance standards. Additionally, bank officers must possess excellent communication and interpersonal skills to build strong relationships with customers and promote customer satisfaction. They should be detail-oriented, organized, and capable of multitasking in a fast-paced environment.
Estimated Yearly Salary: 4,374,756 NGN
Estimated Monthly Salary: 364,563 NGN
Estimated Weekly Salary: 84,130 NGN per week
Estimated Hourly Salary: 2,103 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 351,259 NGN
Estimated Weekly Salary: 81,060 NGN per week
Estimated Hourly Salary: 2,026 NGN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 5,205 USD
Estimated Monthly Salary: 434 USD
Estimated Weekly Salary: 100 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 4,374,756 NGN
Estimated Monthly Salary: 364,563 NGN
Estimated Weekly Salary: 84,130 NGN per week
Estimated Hourly Salary: 2,103 NGN per hour
By working as Bank Officer a person can save up to 228 USD per month or 2,738 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Nigeria, see costs of living in Nigeria.
Estimated Yearly Salary for Bank Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Unified communications consultant (4,808,894 NGN per year, pre-tax.)
Account planning director (8,834,577 NGN per year, pre-tax.)
Referral clerk (1,776,979 NGN per year, pre-tax.)
Research development (rd), director pharmaceuticals (12,599,356 NGN per year, pre-tax.)
Elections clerk (2,135,163 NGN per year, pre-tax.)
Bank Officer salary in Nigeria
Average Yearly Salary of Bank Officer in Nigeria is approximately 4,374,756 NGN (5,205 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Bank Officer do?
A bank officer is responsible for overseeing various banking operations and ensuring the smooth functioning of the branch. They handle customer inquiries, provide financial advice, process loan applications, and manage accounts. Bank officers also assist in opening new accounts, promoting banking products and services, and resolving any issues or complaints. They are required to have a thorough understanding of banking procedures, regulations, and compliance standards. Additionally, bank officers must possess excellent communication and interpersonal skills to build strong relationships with customers and promote customer satisfaction. They should be detail-oriented, organized, and capable of multitasking in a fast-paced environment.
Skills: Bank officer, Banking operations, Customer service, Financial advice, Loan processing, Account management
Job industry: Banking
Job industry: Banking
How much does Bank Officer make?
Salary details
How much does Bank Officer make?Estimated Yearly Salary: 4,374,756 NGN
Estimated Monthly Salary: 364,563 NGN
Estimated Weekly Salary: 84,130 NGN per week
Estimated Hourly Salary: 2,103 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,215,112 NGNEstimated Monthly Salary: 351,259 NGN
Estimated Weekly Salary: 81,060 NGN per week
Estimated Hourly Salary: 2,026 NGN per hour
Last revision of data: 2024-01-03Bank Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,205 USD
Estimated Monthly Salary: 434 USD
Estimated Weekly Salary: 100 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Bank Officer job salary compared to average salary in Nigeria.
Comparison shows that a person working as Bank Officer in Nigeria earns on average:
1.11 times the average salary (or 111% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Bank Officer job salary compared to average salary in Nigeria.
Comparison shows that a person working as Bank Officer in Nigeria earns on average:
1.11 times the average salary (or 111% of average salary).
Is Bank Officer a well paid job?
Yes, our data show that Bank Officer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Bank Officer?
High salary for Bank Officer would be somewhere between 4,812,232 NGN and 6,343,396 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Officer in Nigeria?
Living in Nigeria the approximate monthly expenses are: 206 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 4,374,756 NGN
Estimated Monthly Salary: 364,563 NGN
Estimated Weekly Salary: 84,130 NGN per week
Estimated Hourly Salary: 2,103 NGN per hour
By working as Bank Officer a person can save up to 228 USD per month or 2,738 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Nigeria, see costs of living in Nigeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Niger, Chad, Cameroon, Benin. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Officer
Cameroon is 1,691 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Nigeria
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Unified communications consultant (4,808,894 NGN per year, pre-tax.)
Account planning director (8,834,577 NGN per year, pre-tax.)
Referral clerk (1,776,979 NGN per year, pre-tax.)
Research development (rd), director pharmaceuticals (12,599,356 NGN per year, pre-tax.)
Elections clerk (2,135,163 NGN per year, pre-tax.)
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