Top 3 Nigerian CEOs Earning N2M to N10M Daily: How Their Salaries Reflect Corporate Success
Nigeria’s Highest-Paid CEOs: Where Performance Meets Reward In Nigeria’s corporate world, top executives are reaping monumental rewards for steering their companies to record-breaking financial success. Three CEOs stand out in 2024, collectively earning N10.49 billion annually—translating to jaw-dropping daily salaries of N2 million to N10 million. Here’s a breakdown of their earnings and the corporate milestones justifying these figures. 1. Roger Brown (Seplat Energy): N10.66 Million Daily Total Compensation (2024): N3.9 billionBreakdown: Daily: N10.66 million Monthly: N325 million Hourly: N443,989 Company Performance: Revenue: N1.652 trillion (2024), up from N696.9 billion in 2023. Growth Driver: Strategic oil and gas expansions, operational efficiency, and global energy market positioning. Why He Earns It: Brown’s leadership saw Seplat’s revenue surge by 137% YoY, cementing its status as Nigeria’s energy giant. 2. Karl Toriola (MTN Nigeria): N8.47 Million Daily Total Compensation (2024): N3.1 billionBreakdown: Daily: N8.47 million Monthly: N258.33 million Hourly: N353,748 Company Performance: Revenue: N3.36 trillion (2024). Subscribers: 80.9 million (+1.6% […]