In the Nigerian banking sector, there is a growing demand for tech talents as technology becomes increasingly crucial for maintaining a competitive edge. First Bank and GTBank are both actively recruiting for various tech roles, including software developers, engineers, designers, and quality assurance professionals.
As digital banking channels expand, Nigerian banks are focusing more on enhancing their platforms to meet customer needs. This shift towards digital solutions has led to a surge in the hiring of tech professionals across the industry. With millions of customers relying on digital services, banks are investing heavily in technology upgrades.
The competition for tech talent is fierce not only within banks but also with fintech companies like Moniepoint, which are also expanding their teams. To retain skilled employees, banks have taken measures such as salary increments for tech staff to prevent attrition.
Tech professionals in Nigeria are weighing the pros and cons of working in banks versus fintechs. While banks offer stability, fintechs are seen as more innovative and flexible, providing attractive perks like remote work options and stock incentives.
The battle for talent in the tech industry is no longer just about serving customers but also about attracting and retaining top tech minds. Fintechs are setting the bar high with competitive pay and work flexibility, pushing traditional banks to up their game to stay relevant in the evolving tech landscape.