Analyst Retail salary in Nigeria

Average Yearly Salary of Analyst Retail in Nigeria is approximately 4,802,706 NGN (5,733 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Analyst Retail do?

An analyst in retail is responsible for studying and analyzing various aspects of the retail industry to provide insights and recommendations for improving sales, profitability, and customer satisfaction. They collect and analyze data related to sales trends, customer behavior, market conditions, and competitor activities. This information helps them identify opportunities for growth, optimize inventory management, and develop pricing strategies. Analysts also conduct market research to identify consumer preferences and trends, which can inform product development and marketing strategies. They use statistical analysis and forecasting techniques to predict future sales and market trends. Additionally, analysts collaborate with cross-functional teams, such as marketing, operations, and finance, to develop strategies and initiatives that drive business performance.

Skills: Retail analysis, Sales analysis, Market research, Data analysis, Inventory management, Pricing strategies
Job industry: Retail

How much does Analyst Retail make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Analyst Retail a well paid job?

Yes, our data shows that Analyst Retail is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Analyst Retail?

High salary for Analyst Retail would be somewhere between 5,282,977 NGN and 6,963,924 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Analyst Retail in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 4,802,706 NGN
Estimated Monthly Salary: 400,226 NGN
Estimated Weekly Salary: 92,360 NGN per week
Estimated Hourly Salary: 2,309 NGN per hour
By working as Analyst Retail a person can save up to 272 USD per month or 3,266 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Analyst Retail

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Nigeria

Data as of 2025

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