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The 2011 Mergers and Acquisitions wave in the Nigerian banking industry was triggered by the Central Bank Nigeria (CBN) in tackling operational challenges, such as poor governance, risk management, inefficient operations among others. This study investigates the comparative effects of Mergers and Acquisitions (M&As) on employee productivity in selected Nigerian banks. Many previous studies on bank M&A in Nigeria have mainly focused on post M&A profitability of the Banks, neglecting the human elements perspectives of such strategies. As a result of the observed dearth of employee productivity studies, this study aims to close this gap by examining whether or not there are differences in employee productivity pre-merger (2008 to 2010) and post-merger (2012 to 2014) of banks that pursued the M&A strategy in 2011, in response to CBN's capitalization and operational requirements. Data were extracted from the banks' annual reports and analyzed using Paired t statistic using SPSS software and Trend Analysis to measure changes in employee productivity levels pre and post-M&As. The findings of the study show an increase in employee productivity post-merger with respect to the studied parameters, namely, Advances Per Employee and Deposits Per Employee. The study thus, concludes that M&A positively impacted employee productivity in the Nigerian Banking Industry. It is recommended that financial institutions should consider the inherent implications of M&A strategy for the performance of the human elements of the entities involved, as employee productivity partly translates to overall performance of the organization. [ABSTRACT FROM AUTHOR]