Nigerian Stock Exchange: ROYALEX

How many employees work at Royal Exchange?

Royal Exchange Plc (ROYALEX) has approximately 710 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Royal Exchange's total headcount has grown 2.5% from 693 employees in 2023 to 710 in 2025.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026

Royal Exchange is hiring

Is Royal Exchange hiring right now?

Yes, Royal Exchange is actively hiring. Royal Exchange had 2 active job postings in 2025, a 0.0% no change from 2024 see job openings & hiring trends.

About Royal Exchange's Workforce

Royal Exchange Plc (ROYALEX) is a Financial Services company that employs 710 people worldwide as of December 2025. It is the 6th-largest by headcount among its peers. Founded in 1918, the company is headquartered in Lagos, Nigeria and trades on the Nigerian Stock Exchange.

Royal Exchange's workforce has grown 2.5% from 2023 to 2025, up 2.6% year over year in 2025. It fell to a low of 692 in 2024 Q4 before recovering. Its workforce is concentrated most in Nigeria (98.6%), followed by the United Kingdom (0.5%) and Canada (0.5%), with Switzerland, its fastest-growing location.

Royal Exchange's largest functional groups are Finance and Operations (47.1%), Engineering (39.0%), and Sales and Marketing (13.9%), with Engineering growing fastest (up 1.6%). Median employee tenure is 4.6 years. The average salary is $13,977, ranging from a median of $92,000 in Northern Europe to $10,000 in Sub-Saharan Africa.

Royal Exchange's hiring activity held steady in 2025. Overall employee sentiment is neutral but improving.

Sourced from Revelio Labs workforce data.

As of December 2025

Royal Exchange
workforce metrics

Headcount

710

2.6% YoY

Avg. Salary

$14k

5.7% YoY

Tenure

4.6yr

0.2yr YoY

Growth Rate

2.6%

4.8pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of Royal Exchange annual worldwide employee count from 2023 to 2025.
  • Royal Exchange had 710 employees in 2025, a 2.6% increase (+18) from 2024.
  • Royal Exchange had 692 employees in 2024, a 2.2% decline (-15) from 2023.
  • Royal Exchange had 707 employees in 2023, a 1.7% increase (+12) from 2022.

Royal Exchange's total workforce has grown from 693 employees in 2023 to 710 in 2025.

Royal Exchange Plc — quarterly employee count (20232025)

YearQtrEmployeesYoY ChangeYoY %
2025Q4710+18+2.6%
2025Q3715+20+2.8%
2025Q2710+17+2.4%
2025Q1697-1-0.2%
2024Q4692-15-2.2%
2024Q3695-2-0.3%
2024Q2693+1+0.2%
2024Q1698+5+0.7%
2023Q4707+12+1.7%
2023Q3697+6+0.9%
2023Q2692-3-0.4%
2023Q1693+2+0.3%

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Nigeria accounts for the largest share of Royal Exchange's global workforce with approximately 99% of total employees, followed by the United Kingdom and Canada. Royal Exchange's headcount in Switzerland is growing fastest among its major locations, up 100.0% year over year in 2025.

Royal Exchange employees by country — 2025

CountryEmployees% of TotalYoY %
Nigeria69698.6%+0.5%
United Kingdom30.5%+0.0%
Canada30.5%+0.0%
Niger20.2%+0.0%
Switzerland20.2%+100.0%

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Royal Exchange's largest employee groups are Finance and Operations (47.1%), Engineering (39.0%), and Sales and Marketing (13.9%).

Royal Exchange employees by department — 2025

DepartmentEmployees% of TotalYoY %
Finance and Operations33247.1%+0.2%
Engineering27539.0%+1.6%
Sales and Marketing9813.9%-1.0%

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Royal Exchange's average employee salary is $13,977 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 6.6x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $10,000.

Royal Exchange median employee salary by region — 2025 (USD)

RegionMedian Salary
Northern Europe$92,000
Northern America$47,000
Sub-Saharan Africa$10,000

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Interactive chart of Royal Exchange annual active job postings from 2023 to 2025.
  • Royal Exchange had 2 active job postings in 2025, a 0% no change from 2024.
  • Royal Exchange had 2 active job postings in 2024, a 40.0% decline (-1) from 2023.
  • Royal Exchange had 3 active job postings in 2023, a 40.0% increase from 2022.
  • Hiring velocity in 2025: 1 new roles/month, up from 1 in 2024 and 5 in 2023. New metric

Royal Exchange's hiring activity held steady in 2025.

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Revelio Labs tracks employee sentiment across Royal Exchange's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2025.

Overall

NegativePositive

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How fast is Royal Exchange growing?
In 2025, Royal Exchange's headcount grew 2.6% to 710 employees, up from 692 in 2024.
Where are Royal Exchange employees located?
Most Royal Exchange employees are based in Nigeria (98.6% of headcount), followed by the United Kingdom and Canada.
What is the average salary at Royal Exchange?
The average employee salary at Royal Exchange is approximately $14k per year.
How many people does Royal Exchange hire per year?
In 2025, Royal Exchange opened roughly 12 new roles — about 1 per month.
When was Royal Exchange founded and where is it headquartered?
Royal Exchange was founded in 1918 and is headquartered in Lagos, Nigeria.

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