Relationship Banker salary in Nigeria

Average Yearly Salary of Relationship Banker in Nigeria is approximately 3,209,708 NGN (3,839 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 Relationship Banker do?

A relationship banker is a professional who works in the banking industry and focuses on building and maintaining relationships with clients. Their main responsibility is to provide personalized financial solutions and advice to individual and business customers. Relationship bankers assist clients with various banking services such as opening accounts, managing loans, and facilitating transactions. They analyze clients' financial needs and goals and recommend appropriate products and services to meet those needs. Additionally, relationship bankers actively cross-sell and upsell banking products to increase customer loyalty and revenue for the bank. They also handle customer inquiries, resolve issues, and ensure client satisfaction. Relationship bankers need to have excellent communication and interpersonal skills to establish strong relationships with clients and provide exceptional customer service.

Skills: Relationship banker, Banking industry, Financial solutions, Customer service, Account management, Cross-selling.
Job industry: Banking

How much does Relationship Banker make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Relationship Banker a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Relationship Banker?

High salary for Relationship Banker would be somewhere between 3,530,679 NGN and 4,654,077 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Relationship Banker 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: 3,209,708 NGN
Estimated Monthly Salary: 267,476 NGN
Estimated Weekly Salary: 61,725 NGN per week
Estimated Hourly Salary: 1,543 NGN per hour
By working as Relationship Banker a person can save up to 114 USD per month or 1,372 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 Relationship Banker

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 +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 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

Data as of 2025

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