How many employees work at Nestoil?

Nestoil Ltd. has approximately 967 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Nestoil’s total headcount has grown 0.9% from 958 employees in 2023 to 967 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Nestoil hiring right now?

Yes, Nestoil is actively hiring. Nestoil had 6 active job postings in 2026, a 73.7% decline from 2025 see job openings & hiring trends.

About Nestoil’s Workforce

Nestoil Ltd. is an Engineering and Construction Services company that employs 967 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1991, the company is headquartered in Lagos, Nigeria.

Nestoil's workforce has grown 0.9% from 2023 to 2026, up 0.5% year over year in 2026. Its workforce is concentrated most in Sub-Saharan Africa (96.2%), followed by South Asia (1.1%) and North America (0.8%).

Nestoil's functional groups are Finance and Operations (42.6%), Engineering (32.5%), and Sales and Marketing (24.8%). The average salary is $11,813, ranging from a median of $71,000 in North America to $5,000 in South Asia, down 1.8% year over year in 2026.

Nestoil's active job postings fell 73.7% in 2026 to 6, with new postings per month cooling from 6 in 2023 to 1 in 2026. Overall employee sentiment is neutral and broadly stable.

Sourced from Revelio Labs workforce data.

Headquarters
Lagos, Nigeria
Founded
1991
Industry
Engineering and Construction Services
Employees
967
YoY
+0.5% (+4)

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Nestoil Annual Employee Count (2023-2026)

Interactive chart of Nestoil annual worldwide employee count from 2023 to 2026.
  • Nestoil had 967 employees in 2026, a 0.5% increase (+4) from 2025.
  • Nestoil had 959 employees in 2025, a 0.7% increase (+5) from 2024.
  • Nestoil had 954 employees in 2024, a 1.0% decline (-11) from 2023.
  • Nestoil had 965 employees in 2023, a 1.7% increase (+19) from 2022.

Nestoil's total workforce has grown from 958 employees in 2023 to 967 in 2026.

Nestoil Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1967+4+0.5%
2025Q4959+5+0.7%
2025Q3969+22+1.1%
2025Q2971+21+0.6%
2025Q1963+1-1.0%
2024Q4954-11-1.0%
2024Q3947-22-1.9%
2024Q2950-8+0.2%
2024Q1962+13+1.1%
2023Q4965+19+1.7%
2023Q3969+22+1.9%
2023Q2958+2-0.5%

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Nestoil Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of Nestoil's global workforce with approximately 96% of total employees, followed by South Asia and North America.

Nestoil employees by region

RegionEmployees% of Total
Sub-Saharan Africa91296.2%
South Asia111.1%
North America70.8%
Northern Europe70.7%
Arab States30.3%
Southeast Asia20.2%
Western Europe20.2%
South America20.2%
North Africa10.1%
Eastern Europe10.1%

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Nestoil Employee Count by Department (2026)

Nestoil's employee groups are Finance and Operations (42.6%), Engineering (32.5%), and Sales and Marketing (24.8%).

Nestoil employees by department

DepartmentEmployees% of Total
Finance and Operations40842.6%
Engineering31232.5%
Sales and Marketing23824.8%

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Nestoil Employee Salary by Region (2026)

Nestoil's average employee salary is $11,813 globally. Employees in North America receive the highest compensation, with median pay approximately 6.0x the global average. Pay is lowest in South Asia, at a median of $5,000.

Nestoil median employee salary by region (USD)

RegionMedian Salary
North America$71,000
Northern Europe$45,000
Arab States$16,000
Sub-Saharan Africa$9,000
South Asia$5,000

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Nestoil Job Openings and Hiring Trends (2023-2026)

Interactive chart of Nestoil annual active job postings from 2023 to 2026.
  • Nestoil had 6 active job postings in 2026, a 73.7% decline (-4) from 2025.
  • Nestoil had 10 active job postings in 2025, a 85.7% increase (+6) from 2024.
  • Nestoil had 4 active job postings in 2024, a 0% no change from 2023.
  • Nestoil had 4 active job postings in 2023, a 66.7% decline from 2022.
  • Hiring velocity in 2026: 1 new roles/month, down from 6 in 2025 and 6 in 2024.

Nestoil's hiring is slowing: active job postings fell 73.7% in 2026 to 6, with new postings per month cooling from 6 in 2023 to 1 in 2026.

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Nestoil Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Nestoil's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Nestoil

How fast is Nestoil growing?
In 2026, Nestoil's headcount grew 0.5% to 967 employees, up from 963 in 2025.
See the full headcount history
Where are Nestoil employees located?
Most Nestoil employees are based in Sub-Saharan Africa (96.2% of headcount), followed by South Asia and North America.
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What is the average salary at Nestoil?
The average employee salary at Nestoil is approximately $11.8k per year.
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How many new job postings does Nestoil open per year?
In Q1 2026, Nestoil opened 4 new job postings. In 2025, Nestoil opened 70 new job postings — about 6 per month.
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When was Nestoil founded and where is it headquartered?
Nestoil was founded in 1991 and is headquartered in Lagos, Nigeria.
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