Universal Banker salary in Nigeria

Average Yearly Salary of Universal Banker in Nigeria is approximately 2,817,711 NGN (3,372 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 Universal Banker do?

A universal banker is a versatile professional who provides a wide range of financial services to clients. They are responsible for handling customer transactions, opening and closing accounts, processing loan applications, and providing financial advice. Universal bankers also promote and sell various banking products such as credit cards, loans, and investment options. They assist customers in resolving account-related issues, address inquiries, and ensure overall customer satisfaction. Additionally, they may be involved in cross-selling and upselling banking products to meet sales targets.

Skills: universal banker, financial services, customer transactions, account management, sales, customer satisfaction
Job industry: Banking

How much does Universal 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 Universal Banker a well paid job?

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

What is considered a high salary for Universal Banker?

High salary for Universal Banker would be somewhere between 3,099,482 NGN and 4,085,681 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Universal 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: 2,817,711 NGN
Estimated Monthly Salary: 234,809 NGN
Estimated Weekly Salary: 54,187 NGN per week
Estimated Hourly Salary: 1,355 NGN per hour
By working as Universal Banker a person can save up to 75 USD per month or 905 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 Universal 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.

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Data as of 2025

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