CBN Salary Structure and Incentives for Staff 2024. Do you wish to know what each staff member earns monthly at the Central Bank of Nigeria? If yes, CBN salary and allowances, CBN salary for senior supervisors, and entry-Level Staff’s Salary, is CBN a good place to work? Salaries of Loan Officers, Salaries of Credit Analysts, and other necessary information regarding CBN salary structure and incentives for staff 2023 are revealed in this article.
We’ve received many inquiries from applicants seeking to know the salary structure and incentives of staff at the Central Bank of Nigeria. In fact, we’ve had several related searches flood our comment boxes and inboxes.
Prior to this, we’ve decided to respond to the general public’s series of questions regarding CBN’s Salary Structure and Incentive for Staff in 2024 in this post.
The Central Bank of Nigeria pays its staff well, in an attempt to nourish and improve the banking system in the country. The Central Bank of Nigeria is always ready to review the salaries of staff in the country, keeping in mind that happy staff will deliver quality and effective service.
Moreover, the Central Bank of Nigeria has done very well over the past decade in the prompt payment of staff salaries. As we all know, banking jobs are so tempting that if someone is not careful, he or she will end up either being sacked or in jail because of illegal transactions or money laundering.
If you’ve not yet applied for CBN Recruitment 2023 click the link to do so.
On the other hand, we all know that some bankers are underpaid, but let us explore how much each staff member goes home with at the end of the month at the Central Bank of Nigeria.
What are the qualifications to work in CBN?
Basic Requirements for 2023 CBN Recruitment
- The minimum academic qualification is an HND from any government-approved institution, which is accepted.
- Applicants must not be younger than 18 years of age or older than 35 years of age.
- Interested persons must possess 5 credits in SSCE, NECO, or NABTEB, of which English and mathematics are mandatory.
- Applicants must provide valid legal means of identification such as a NIN, International Passport, etc.
Is CBN a good place to work?
The allowances and incentives earned by Central Bank of Nigeria employees are enticing. So, this shows that 97% of employees would highly recommend working at CBN to their friends. This is because the CBN is one of the most significant government agencies in Nigeria to work for.
Who is the highest position in CBN?
The highest-paid position in the Central Bank of Nigeria is that of CBN Governor, by the name of Godwin Emefiele. In summary, Godwin Emefiele (Governor of the Central Bank of Nigeria) is the highest-paid staff member at the CBN, and he is also entitled to other incentive benefits.
CBN Deputy Governors’ Salary
Deputy Governor CBN is the second-highest paid staff member at the Central Bank of Nigeria (CNB), Nigeria ₦3.69 million is the estimated net salary for Deputy Governor CBN at the Central Bank of Nigeria (CBN), Nigeria. This salary was collected from one employee.
How much does CBN pay Branch Managers
N732,000 per month. Central Bank branch managers receive a monthly salary of N732,000 and a yearly compensation of N8,784,000, with incentives for the position due to limited branches.
Branch Controller Salary Structure
The estimated net salary for the CBN Branch Controller at the Central Bank of Nigeria (CBN) is ₦469,000. This salary was collected from three employees.
CBN Salary Scale for Graduate Trainees
The average salaries paid to new employees in training at the Central Bank of Nigeria range from N60,000 to N100,000 every month.
According to various online sources, between N1.2 million and N3.5 million is what the Central Bank of Nigeria always paid all graduate trainee training allowances at the completion of their training.
Senior Supervisor Salary in CBN
NGN 180k. The estimated salary earned by a Senior Supervisor in the Central Bank of Nigeria is N180,000 per month in the FCT (Abuja), Nigeria. This amount is 28% lower than the average CBN salary of N250,833 per month due for this job.
How much is entry-level salary at CBN?
NGN122,000 per month. The entry-level staff’s salary provided by the Central Bank to its employees monthly is N1220,000; this statistic depends on the department, office, and unit. It is equivalent to about 1,464,000 per year.
Salaries of Loan Officers
NGN573,000 per month. CBN has a structure where a staff member can be promoted depending on their rank. An average sum of N573,000 is what the CBN paid to employees with the appropriate qualifications. So, the Central Bank of Nigeria paid N573,000 to loan officers monthly.
How much does CBN pay Credit Analysts?
NGN647,000. The office of Credit Analyst is held by employees. In this respect, credit analysts are well-paid. The estimated salaries paid to credit analysts by the Central Bank of Nigeria is N647,000 per month. This compensation amounts to N7,764,000 each year.
Salary of Accounting Data Analyst
The average net salary for an Account Data Analyst at the Central Bank of Nigeria (CBN) is ₦238K.
Salary of Account Officer
The average net salary for an Account Officer at the Central Bank of Nigeria (CBN) is ₦110K
Salary of Account Payable Officer
The average net salary for a salary account payable officer at the Central Bank of Nigeria (CBN) is ₦154K
Salary of Account Specialist
The average net salary for an Account Specialist at the Central Bank of Nigeria (CBN) is ₦233K
CBN Assistant Manager Salary
₦341K is the estimated net salary for an Assistant Manager at the Central Bank of Nigeria (CBN), This salary was collected from two employees.
Salary of the Chief Security Officers (CSOs)
As we all know, security is one of the pioneering positions in any sector. In this case, the position of heads or chief security officers (CSOs) in various Central Bank of Nigeria branches across the federation is very important and relevant to the institution.
Chief Security Officers of the CBN earn N578K per month. This amounts to N6,936,000 per year.
CBN Staff List
There are a total of 29 departments in the Central Bank of Nigeria.
This is all we’ve got for you regarding CBN Salary Structure and Incentives for Staff in 2023. In case of any questions, kindly ask them in the comment section below.
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Author Profile
- Smith Godwin has been a writer at Kindi Recruit for a long time. He has confidence in roles that require a high level of diligence, strong teamwork, and advanced problem-solving skills, along with dedication to achieving uncompromising quality of work under stringent deadlines in an organization.
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