The Nigerian Export-Import Bank (NEXIM) is one of Nigeria’s key financial institutions, supporting trade, industrialization, and economic growth. Many young graduates and experienced professionals aspire to work at NEXIM because of its prestige, career prospects, and competitive pay.
But how much does NEXIM Bank pay its employees per month in 2025?
This article provides a comprehensive and highly detailed guide to Nexim Bank salary in naira per month for freshers and experienced staff, covering pay scales, allowances, benefits, and career progression. Whether you’re applying for a job or just curious about banking salaries in Nigeria, this guide will give you everything you need to know.
Why Explore Nexim Bank Salaries in Nigeria?
Understanding what NEXIM Bank pays is important because it helps you:
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Set realistic salary expectations when applying.
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Compare it to other banks and financial institutions.
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Understand how to negotiate your starting pay.
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Plan your career and financial future.
About NEXIM Bank: An Overview
NEXIM Bank is a government-owned financial institution established in 1991 to support exporters and importers in Nigeria. Its mandate includes:
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Providing loans and guarantees for exporters.
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Promoting industrial growth.
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Facilitating trade finance.
With offices across Nigeria and headquarters in Abuja, NEXIM Bank employs hundreds of professionals across finance, legal, risk management, trade support, administration, and more.
Factors That Influence NEXIM Bank Salaries
Several factors determine what an employee earns at NEXIM Bank:
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Job role and department: Finance officers may earn differently from administrative staff.
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Experience level: Fresh graduates earn less than experienced staff.
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Qualifications: Those with master’s degrees or professional certifications often earn more.
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Job grade/level: Positions are graded, and each grade has a defined pay range.
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Location: Staff working in Abuja or Lagos may have slightly higher allowances than those in other states.
Nexim Bank Salary Structure for 2025
Let’s break down the NEXIM Bank monthly salary in naira, starting from entry-level staff to senior management.
Entry-Level Staff (Fresh Graduates)
For freshers joining NEXIM Bank in 2025:
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Position: Graduate Trainee or Entry-Level Officer
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Monthly Gross Salary: ₦180,000 – ₦250,000
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Estimated Net Salary (After Tax and Deductions): ₦150,000 – ₦210,000
Freshers typically spend the first 6–12 months as trainees before confirmation.
Junior Staff (1–3 Years Experience)
Once confirmed and with some experience:
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Position: Officer I / Officer II
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Monthly Gross Salary: ₦250,000 – ₦350,000
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Estimated Net Salary: ₦210,000 – ₦280,000
Mid-Level Staff (4–7 Years Experience)
Professionals in supervisory or specialist roles:
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Position: Senior Officer / Assistant Manager
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Monthly Gross Salary: ₦400,000 – ₦600,000
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Estimated Net Salary: ₦350,000 – ₦500,000
Senior Management (8+ Years Experience)
For highly experienced professionals in leadership roles:
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Position: Manager / Senior Manager / Department Head
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Monthly Gross Salary: ₦700,000 – ₦1,200,000
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Estimated Net Salary: ₦600,000 – ₦950,000
Executive Management
Top-level executives, including General Managers and Directors:
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Monthly Gross Salary: ₦1,500,000 – ₦3,500,000
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Estimated Net Salary: ₦1,200,000 – ₦2,800,000
Summary Table: Nexim Bank Monthly Salaries 2025
| Position Level | Gross Monthly Salary (₦) | Net Monthly Salary (₦) |
|---|---|---|
| Graduate Trainee (Freshers) | ₦180,000 – ₦250,000 | ₦150,000 – ₦210,000 |
| Junior Staff (1–3 years) | ₦250,000 – ₦350,000 | ₦210,000 – ₦280,000 |
| Mid-Level Staff (4–7 years) | ₦400,000 – ₦600,000 | ₦350,000 – ₦500,000 |
| Senior Management | ₦700,000 – ₦1,200,000 | ₦600,000 – ₦950,000 |
| Executive Management | ₦1,500,000 – ₦3,500,000 | ₦1,200,000 – ₦2,800,000 |
Allowances and Benefits at NEXIM Bank
In addition to basic salaries, NEXIM Bank offers its employees a range of allowances and benefits.
Common Allowances:
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Housing Allowance
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Transport Allowance
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Meal Subsidy
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Medical Allowance
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Leave Allowance
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Utility Allowance
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Professional Development Stipends
Benefits:
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Pension contributions.
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Group life insurance.
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Paid annual leave.
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Access to soft loans for housing and cars.
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Health insurance (HMO).
How NEXIM Bank Salaries Compare to Other Banks
| Bank | Entry-Level Salary (₦) | Senior Staff Salary (₦) |
|---|---|---|
| NEXIM Bank | ₦180,000 – ₦250,000 | ₦700,000 – ₦1.2M |
| CBN (Central Bank) | ₦250,000 – ₦300,000 | ₦1M+ |
| Commercial Banks (e.g., GTBank, Zenith) | ₦120,000 – ₦180,000 | ₦500,000 – ₦900,000 |
| Development Banks (e.g., BOI, NEXIM) | ₦180,000 – ₦250,000 | ₦700,000 – ₦1.2M |
NEXIM Bank salaries are competitive, especially compared to commercial banks.
Career Growth Opportunities at NEXIM Bank
NEXIM Bank has a structured career ladder:
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Graduate Trainee → Officer → Senior Officer → Assistant Manager → Manager → Senior Manager → Department Head → Director.
Employees can also:
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Move to policy-making roles.
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Specialize in trade finance or risk management.
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Transition to international development organizations.
What Freshers Can Expect at NEXIM Bank
Freshers typically:
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Spend their first few months in intensive training programs.
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Receive mentorship and support.
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Are rotated across departments for exposure.
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Start earning between ₦150,000–₦210,000 net per month.
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Have clear growth paths if they perform well.
Tips to Increase Your Salary at NEXIM Bank
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Obtain professional certifications (e.g., ICAN, CFA, CIPM).
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Gain expertise in trade finance or risk management.
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Deliver outstanding performance for promotions.
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Volunteer for cross-functional projects.
Frequently Asked Questions (FAQs) About Nexim Bank Salaries in Nigeria
1. How much does NEXIM Bank pay fresh graduates in Nigeria?
Fresh graduates at NEXIM Bank earn between ₦180,000 – ₦250,000 gross per month.
2. Is NEXIM Bank salary higher than commercial bank salaries?
Yes, especially for mid-level and senior positions.
3. Does NEXIM Bank offer allowances and benefits?
Yes, including housing, transport, medical, and leave allowances.
4. Are NEXIM Bank employees entitled to bonuses?
Yes, performance-based bonuses may be paid at year-end.
5. How can I apply for a job at NEXIM Bank?
You can apply through their official website or look for job openings in national newspapers.
6. What qualifications are needed to work at NEXIM Bank?
A relevant bachelor’s degree, good communication skills, and sometimes professional certifications.
7. Does NEXIM Bank pay during training?
Yes, trainees are paid during their training period.
8. How often do salaries increase at NEXIM Bank?
Salaries usually increase annually or upon promotion.
9. Can I negotiate my salary at NEXIM Bank?
For entry-level roles, salaries are mostly fixed, but experienced hires may have room for negotiation.
10. Is NEXIM Bank a good place to build a career?
Yes, because of job security, competitive pay, and growth opportunities.
Conclusion: Is a Career at NEXIM Bank Worth It?
NEXIM Bank offers an attractive salary structure, excellent benefits, and significant career growth opportunities. For fresh graduates, it provides a solid foundation with competitive entry-level pay and a structured development program. For experienced professionals, it offers leadership opportunities and above-market compensation.
If you value:
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Job security.
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Competitive salaries.
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Opportunities for growth.
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Contributing to national development.
Then NEXIM Bank is an excellent career choice.