Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,170,821 members, 7,879,560 topics. Date: Wednesday, 03 July 2024 at 09:34 PM

Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly (57756 Views)

Highest Paid MD/CEOs In Nigeria In 2021 (Photos) / Meet The Female Banks CEOs In Nigeria / Nigeria’s Top 10 Highest-earning Ceos Received N3.5bn In 2019 (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by ObserveSense(m): 7:18pm On Jul 14, 2020
Emvico34:
Segun agbaje is just a replica of his father Jimi agbaje. Former lagos state governorship aspirant under PDP. FEE DEE FEE FAWA this news will SHOCK BUHARI
Bros, they are siblings. Not father and son.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by hybridblood07(m): 7:18pm On Jul 14, 2020
Segun is the brother of Jimi Agbaje
Emvico34:
Segun agbaje is just a replica of his father Jimi agbaje. Former lagos state governorship aspirant under PDP. FEE DEE FEE FAWA this news will SHOCK BUHARI
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by AngelicBeing: 7:19pm On Jul 14, 2020
NewDelhi:


You can get there bro. Stop wasting your precious time on nairaland and focus on better things in life rather than arguing whether God exists or not in the religious section.
Gbam
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by BeLookingIDIOT(m): 7:19pm On Jul 14, 2020
Mathscum:
I was expecting billions
They are employees o undecided
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by einsteine(m): 7:20pm On Jul 14, 2020
INSTANTCASH345:
The figures are just guess work.

Weldon bloggers for bringing up new lies.


Those salaries are public records as the companies are quoted companies. So not guess work

2 Likes

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by einsteine(m): 7:21pm On Jul 14, 2020
Dalil8:


Tell us another lie pls.

It is not a lie.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by hardbody: 7:21pm On Jul 14, 2020
JosephXavier:
You can imagine someone earning 400m yearly in Nigeria, you'll now ask yourself how much the company makes
He is not even the only staff in the company not even minding the hardship some of the staffs are facing

Yet people still beg for 30k minimum wage and so many unemployed graduates sitting at home

This life no balance at all

Those figures should represent total inflow including Bonuses and not just salary.

Again this speaks to the reality of some situations. When some people read that someone is making meager N25m per annum in this forum they will be like, how possible, it is impossible. Their assumption is that everyone is on N100k per month or less.

Forward looking employers and companies do not calculate salaries and packages in months, they work it out annually. (Pa) And this is usually less Bonuses and perks coming from offshore trips and even local trips in a number of instances.

5 Likes

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Nobody: 7:22pm On Jul 14, 2020
Dalil8:
Top 2 are foreigners.

Top two in what sense?

Number 1 [Ferdi Moolman of MTN] is an Iranian while Number 2 Austin Avuru of Seplat Pet. is a Nigerian.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by chozzy: 7:22pm On Jul 14, 2020
Emvico34:
Segun agbaje is just a replica of his Brother Jimi agbaje. Former lagos state governorship aspirant under PDP. FEE DEE FEE FAWA this news will SHOCK BUHARI.
modified...
u guys that are insulting me for calling jimi his father instead of brother, may thunder and sango visit each and everyone of u. And for those that corrected me, may u never see shame all ur life ijn amen.

OK
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Asour: 7:23pm On Jul 14, 2020
INSTANTCASH345:
The figures are just guess work.

Weldon bloggers for bringing up new lies.

I don't know if these exact figures are guessed but the Compensation of Public Companies Top Management aren't much of a secret. Some can be found in their annual reports.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by changedinchrist: 7:23pm On Jul 14, 2020
Crispels:
This is still below 2m dollars. Not too much.
what are you saying?? The CEOs of the top american companies sef don't earn up to 1million. Google's CEO ears about 700k dollars per year. Not too much? IF i konk your head lol. It's standard
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by thesicilian: 7:24pm On Jul 14, 2020
Emvico34:
if u no get money, hide ur face. Sorry o. Pray hard
You mean work hard?
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Nobody: 7:25pm On Jul 14, 2020
And NLNG CEO is not here? Lol

Do better research
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by emmanuelewumi(m): 7:26pm On Jul 14, 2020
hardbody:


Those figures should represent total inflow including Bonuses and not just salary.

Again this speaks to the reality of some situations. When some people read that someone is making meager N25m per annum in this forum they will be like, how possible, it is impossible. Their assumption is that everyone is on N100k per month or less.

Forward looking employers and companies do not calculate salaries and packages in months, they work it out annually. (Pa) And this is usually less Bonuses and perks coming from offshore trips and even local trips in a number of instances.



The remuneration does not include certain benefits, incentives and allowances. Some of the CEO also have shares in the company, therefore earnings dividends.

Like the the CEO of Seplat, he has 70 million shares in the company. Seplat paid dividends of 5 cent per share meaning apart from his salary he also earned a dividend of $3.5 million

3 Likes

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by hardbody: 7:26pm On Jul 14, 2020
skyfather09:
baba no mind them.. hushy na the richest black man alive.

No be how much, na how well. Wey hushbingo dey right now. Any of these men go still enter Dubai and US anytime after covid-19 and still flex with oyinbo calling them Guvnor and greeting them with the suffix "Sir"
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Tushed: 7:27pm On Jul 14, 2020
Where Dangote, Jim Ovia, Otedola and Mike Adenuga?

1 Like

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by emmanuelewumi(m): 7:28pm On Jul 14, 2020
airsaylongcom:
And NLNG CEO is not here? Lol

Do better research


The CEO are from companies quoted on the Nigeria Stock Exchange. Information about such companies are in the public domain through their annual reports

1 Like

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by emmanuelewumi(m): 7:29pm On Jul 14, 2020
Tushed:
Where Dangote, Jim Ovia, Otedola and Mike Adenuga?


They don't earn salaries but dividends that are determined by the sizes of their shareholdings
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Dalil8: 7:29pm On Jul 14, 2020
MrSensor:
They are South Africans

Lol... Are South Africans not foreigners?
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Nobody: 7:29pm On Jul 14, 2020
emmanuelewumi:



The CEO are from companies quoted on the Nigeria Stock Exchange. Information about such companies are in the public domain through their annual reports

Okay I yield if being publicly quoted is the basis.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by chozzy: 7:31pm On Jul 14, 2020
Macro231101:
wait Jimi Agbaje his d father of Segun Agbaje... Wow


Segun is Jimi's younger brother (not son)
.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by hardbody: 7:32pm On Jul 14, 2020
emmanuelewumi:




The remuneration does not include certain benefits, incentives and allowances. Some of the CEO also have shares in the company, therefore earnings dividends.

Like the the CEO of Seplat, he has 70 million shares in the company. Seplat paid dividends of 5 cent per share meaning apart from his salary he also earned a dividend of $3.5 million

I can quite relate with that. I know how this works. We are still going up the ladder nevertheless. We hold shares in my company and also receive end of year bonuses depending on what the company makes PBT and what your appraisal result shows. Nothing as sweet as a good employer and a strong A rated company with good staff welfare packages in place.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Dalil8: 7:33pm On Jul 14, 2020
einsteine:


It is not a lie.

You mean he earned close to 10% of the bank's annual profit?

That's a big fat lie
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Emvico34: 7:34pm On Jul 14, 2020
thesicilian:
You mean work hard?

pray untill he pick ur call.

1 Like

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by emmanuelewumi(m): 7:42pm On Jul 14, 2020
Dalil8:


You mean he earned close to 10% of the bank's annual profit?

That's a big fat lie

GTB and Zenith made profit after tax of N190 billion and N206 billion respectively in 2019.

The very small banks like Sterling, Wema, FCMB and Fidelity made between N10 billion and N30 billion.

2 Likes

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by philip0906(m): 7:46pm On Jul 14, 2020
skyfather09:
baba no mind them.. hushy na the richest black man alive.
Odé...I can imagine you spilling this gibberish to the illiterates around you
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by TheAviator2000: 7:48pm On Jul 14, 2020
Wooow!!

Really not a lot to be honest!
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by RTSC: 7:50pm On Jul 14, 2020
Seplat and NLNG.

I would pick them over most MNCs in Nigeria.

NLNG paid someone 20 million naira as bonus as a newly employed..
Someone earning 150,000 per month before in his old job.

I heard that the guy nearly ran mad.

Bachelor for that matter.

4 Likes 1 Share

Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by JesseThunder(m): 7:54pm On Jul 14, 2020
but there freedom will buy hushdog in one second
Jacktheripper:
Hushpuppi will buy all these ones in 2 seconds.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by izibili44: 7:54pm On Jul 14, 2020
Jacktheripper:
Hushpuppi will buy all these ones in 2 seconds.
where his hushipuppi today?
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Nobody: 7:55pm On Jul 14, 2020
This is nothing when converted to dollars. We should rate them by their earnings in USD and not in naira.
Re: Top 5 Highest Earning CEOs In Nigeria Receive N272M To N586 Million Yearly by Nobody: 7:56pm On Jul 14, 2020
TheAviator2000:
Wooow!!

Really not a lot to be honest!
exactly my point, especially when compared with what their counterparts outside Nigeria earn. Some earn 3-4m usd annually. To many, it might be much but to them, it's not enough. Our guy in the uk doing well in his robotic business would change their money into coins with his earnings.

(1) (2) (3) (4) (5) (6) (Reply)

Young Man Shades FCMB On Twitter, Bank Replies With Epic Clap Back. Photos / "My Trillionaire Friend" Femi Otedola And Dangote Pictured Together At An Event / Aliko Dangote Unveils SunTrust Bank, Nigeria’s First Fintech Bank

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 31
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.