Wema Bank, one of Nigeria’s oldest and most innovative financial institutions, made headlines in 2025 by becoming one of the highest-paying banks in the country. With a bold move to significantly increase salaries across various job levels, the bank aims to attract top talent and reward employee performance in line with Nigeria’s evolving economic landscape.
Whether you are a fresh graduate considering a banking career or an experienced professional looking for growth, understanding Wema Bank’s current salary structure is crucial.
Wema Bank 2025 Salary Structure (Monthly & Yearly Pay)
Below is a breakdown of the current salary structure for key positions at Wema Bank:
|
Position |
Monthly Salary (₦) |
Annual Salary (₦) |
|
Graduate Trainee (Stipend) |
₦30,000 |
₦120,000 (4 months) |
|
Executive Trainee |
₦541,000 |
₦6,492,000 |
|
Assistant Banking Officer |
₦830,000 |
₦9,960,000 |
|
Banking Officer |
₦1,015,000 |
₦12,180,000 |
|
Senior Banking Officer |
₦1,200,000+ |
₦14,400,000+ |
|
Remote Personal Assistant |
₦725,000 – ₦1,000,000 |
₦8,700,000 – ₦12,000,000 |
Note: Salaries may vary slightly depending on location, department, and level of experience.
Salary Highlights
- Trainees at Wema Bank receive a 4-month stipend of ₦30,000 as they undergo intensive onboarding and training programs.
- Entry-level staff (Executive Trainees) now earn ₦541,000 monthly, which is among the most competitive starting salaries in the Nigerian banking sector.
- Experienced staff such as Banking Officers earn over ₦1 million monthly, making Wema Bank a top choice for career bankers.
Perks and Allowances
In addition to attractive salaries, Wema Bank staff enjoy:
- Performance-based bonuses
- Paid annual leave
- Retirement benefits and pension schemes
- Access to financial training and promotions
- Flexible work opportunities (for certain roles like Remote PAs)
FAQs About Wema Bank Salary & Benefits
1. What is the salary of a graduate trainee at Wema Bank?
Graduate trainees earn ₦30,000 monthly for four months during training before being offered full employment.
2. How much does an entry-level employee earn in 2025?
An Executive Trainee earns ₦541,000 monthly, which totals over ₦6 million annually.
3. Are there promotion opportunities at Wema Bank?
Yes, Wema Bank has a performance-based promotion system, allowing staff to rise through the ranks with increased pay and responsibility.
4. Do remote workers like Personal Assistants earn well?
Yes. Remote PAs at Wema Bank reportedly earn between ₦725,000 and ₦1,000,000 monthly depending on qualifications and performance.
5. How does Wema Bank’s salary compare to other Nigerian banks?
Wema Bank’s 2025 salary review places it among the highest-paying banks in Nigeria, even ahead of some bigger commercial banks in certain roles.
Conclusion
Wema Bank is setting a new standard for compensation in the Nigerian banking industry. With attractive salary packages, structured career paths, and competitive allowances, it's no surprise that the bank is fast becoming a preferred employer for banking professionals in Nigeria.
Whether you're just starting out or looking to move up in your career, Wema Bank is worth considering for its forward-thinking approach to employee welfare.
