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Top 5 Highest Paid CEOs in Nigeria



Highest paid CEOs in Nigeria, in as much as we have lots of poor and jobless people in Nigeria, we still have men and women who has been very successful and there are people who earns so much. Chief Executives are part of those people and we will give you top 5 count down.

1) Adewale Tinubu

Adewale Tinubu

Adewale Tinubu

(N568million per annum)

Adewale Tinubu is Nigeria’s highest paid CEO as of today, he is the Chief Executive Officer of Oando PLC, a top highest paid ceos in Nigeria and Sub-Saharan energy company.

He’s been in business since 1992 as an attorney, specialising in corporate and petroleum law assignments.

2) Augustine Ojunekwu Avuru – MD/CEO Seplat Plc (N483 million per annum)

Augustine Ojunekwu Avuru

Augustine Ojunekwu Avuru

Augustine Avuru has come a long way in his career to become Nigeria’s second highest earning CEO today and it is no surprise.

He has been the Chief Executive Officer and Managing Director of Seplat Petroleum Development Company since 2010. He kicked off his corporate career at the Nigeria National Petroleum Company where he worked for 12 years.

3) Baker Magunda – CEO Guinness Nigeria Plc (N461million per annum)

Baker Magunda

Baker Magunda – Guinness Nigeria

Baker Magunda is one of the most respected men in Corporate Nigeria today as he’s built a name for himself. He is the Managing Director/CEO of Guinness Nigeria Plc. and has been the head of the company since 2018.

4) Joseph Makoju – CEO Dangote Cement (N429 million per annum)

Joseph Makoju - Top 5 Highest Paid CEOs in Nigeria

Joseph Makoju

Joseph Oyeyani Makoju is one of Nigeria’s highest earning CEOs today and he even at 71 he continues to work and earn a good income as the acting CEO of Dangote Cement PLC.

He was appointed in 2018 as Dangote Cement’s CEO and also now an Honorary Adviser on Electric Power to the current President/Commander-in-Chief, Federal Republic of Nigeria.

He earns as estimated N429 million per annum.

5)  Segun Agbaje– CEO GTBank plc (N384 million per annum)

Segun Agbaje - Top 5 Highest Paid CEOs in Nigeria

Segun Agbaje

Segun Agbaje is Nigeria’s highest earning CEO in the banking sector. He is the Managing Director of Guaranty Trust Bank (GTB). He is also a Director on MasterCard Advisory Board Middle East and Africa.

He has nearly two decades of investment and international banking experience.

Salihu Abdulsalam has been working with writing challenged clients for over four years. He provides ghost writing, coaching and ghost editing services. His educational background in family science and journalism has given him a broad base from which to approach many topics.

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