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Bank Teller salary in Nigeria

Average Yearly Salary of Bank Teller in Nigeria is approximately 2,472,971 NGN (2,948 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 Teller do?

occupation personasA bank teller is an individual who works in a bank and is responsible for various customer service and financial transactions. Their main role is to assist customers with their banking needs, such as depositing or withdrawing money, cashing checks, and providing information on account balances. Bank tellers also handle routine tasks like updating customer account information, processing loan payments, and selling traveler's checks or money orders. They are required to accurately count and handle cash, operate computer systems and other banking equipment, and ensure compliance with security and regulatory procedures.

Skills: Customer service, Financial transactions, Cash handling, Account management, Banking operations, Compliance procedures
Job industry: Banking


How much does Bank Teller make?

Salary details
How much does Bank Teller make?
Estimated Yearly Salary: 2,472,971 NGN
Estimated Monthly Salary: 206,081 NGN
Estimated Weekly Salary: 47,557 NGN per week
Estimated Hourly Salary: 1,189 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 2,388,452 NGN
Estimated Monthly Salary: 199,038 NGN
Estimated Weekly Salary: 45,932 NGN per week
Estimated Hourly Salary: 1,148 NGN per hour
Last revision of data: 2024-01-09



Bank Teller estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 2,948 USD
Estimated Monthly Salary: 246 USD
Estimated Weekly Salary: 57 USD per week
Estimated Hourly Salary: 1 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Teller job salary compared to average salary in Nigeria.
Comparison shows that a person working as Bank Teller in Nigeria earns on average:
0.63 times the average salary (or 63% of average salary).

Is Bank Teller a well paid job?

No, our data shows that Bank Teller is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bank Teller might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Bank Teller?

High salary for Bank Teller would be somewhere between 2,720,268 NGN and 3,585,808 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Teller 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: 2,472,971 NGN
Estimated Monthly Salary: 206,081 NGN
Estimated Weekly Salary: 47,557 NGN per week
Estimated Hourly Salary: 1,189 NGN per hour
By working as Bank Teller a person can save up to 40 USD per month or 481 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 Teller

Cameroon is 953 USDdown arrow 68%
Details on Bank Teller salary in Cameroon
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Nigeria

(44,763,887 NGN per year, pre-tax.)
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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