Top 9 Highest-Earning CEO in Nigeria – In this article, we will explore the top 10 highest-earning CEOs in Nigeria. From telecommunications giants to cement industries, these captains of industry have not only achieved remarkable financial success but have also left an indelible mark on their respective sectors.
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Top 9 Highest-Earning CEO in Nigeria and their Salaries
Listed below are the top Highest-Earning CEO in Nigeria and their salaries;
- Karl Toriola, MTN Nigeria
- Michael Puchercos, Dangote Cement
- Baker Mugunda, Guinness Nigeria Plc
- Roger Brown, Seplat Energy Plc
- Khaled El Dokani, Lafarge Africa Plc Nigeria
- Segun Agbaje, Guaranty Trust Holding Company
- Lars Richter, Julius Berger Nigeria Plc
- Hans Essaadi, Nigerian Breweries
- Ebenezer Onyeagwu, Zenith Bank
Karl Toriola, MTN Nigeria
Karl Olutokun Toriola is the highest-paid CEO in Nigeria. He is the CEO/MD of MTN Nigeria, one of the largest telecommunications companies in Africa.
Toriola has a long and successful career in the telecommunications industry. He started his career at Ericsson in 2000, and he has held a variety of positions at MTN since 2011.
Salary: He earned a total salary of N850 million, Highest-Earning CEO in Nigeria
Michael Puchercos, Dangote Cement
Michel Puchercos serves as the CEO/MD of Dangote Cement, Nigeria’s leading cement company. Hailing from France, he boasts an extensive and illustrious career within the cement sector.
Puchercos has occupied several key leadership roles in prominent cement firms, such as CEO of Lafarge Halla Cement in South Korea and CEO of Bamburi Cement in Kenya.
Salary: He earned a total salary of N736 million
Baker Mugunda, Guinness Nigeria Plc
Baker Magunda is the CEO of Guinness Nigeria Plc, the largest brewer in Nigeria. He is a Ugandan national and has a long and successful career in the brewing industry.
He started his career as Market Development Manager at Coca-Cola in 1996, and he has held a variety of leadership positions, including CEO of SABMiller Uganda and CEO of Diageo East Africa. Baker resigned from his role as the CEO of Guinness Nigeria Plc in October 2022.
Salary: He earned a total salary of N505 million
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