One of the biggest financial institutions in Nigeria, Zenith Bank, has instituted a company-wide compensation increase for all of its employees. The choice was made in reaction to the ongoing economic difficulties brought on by the elimination of gasoline subsidies. Nairametrics was informed by trustworthy sources within the bank that the compensation rise applies to both contract and permanent employees.

Some employees have been lucky enough to obtain large raises ranging from 25 to 50%, depending on their different grade levels. As praise and adulation for Zenith Bank's proactive effort to support its staff amid challenging economic times poured in from the financial industry, word of the pay increase spread like wildfire.

One of the biggest financial institutions in Nigeria, Zenith Bank, has instituted a company-wide compensation increase for all of its employees. The choice was made in reaction to the ongoing economic difficulties brought on by the elimination of gasoline subsidies. Nairametrics was informed by trustworthy sources within the bank that the compensation rise applies to both contract and permanent employees.

 Depending on their corresponding grade levels, some individuals have been lucky enough to get significant rises ranging from 25 to 50%. As praise and adulation for Zenith Bank's proactive effort to support its staff amid challenging economic times poured in, word of the wage increase spread like wildfire throughout the financial sector.