Auction Manager salary in Nigeria

Average Yearly Salary of Auction Manager in Nigeria is approximately 3,050,865 NGN (3,666 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 Auction Manager do?

An auction manager is responsible for overseeing and managing the entire process of auctions. They work closely with clients to understand their needs and objectives, coordinate with appraisers to evaluate items for auction, and develop marketing strategies to attract potential buyers. Their role involves organizing and conducting auctions, managing bidding processes, and ensuring compliance with legal and ethical standards. Auction managers also handle administrative tasks such as documenting sales, preparing financial reports, and maintaining inventory records. They must possess excellent communication and negotiation skills to build relationships with clients, bidders, and other stakeholders. Attention to detail, strong organizational abilities, and a deep understanding of market trends are essential for success in this occupation.

Skills: Auction management, Auction coordination, Marketing strategy, Client relationship management, Financial reporting, Inventory management
Job industry: Auction industry

How much does Auction Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Auction Manager a well paid job?

No, our data shows that Auction Manager is typically not a well-paid job. The salary varies based on experience. Meaning that even though Auction Manager might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Auction Manager?

High salary for Auction Manager would be somewhere between 3,355,952 NGN and 4,423,754 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Auction Manager 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: 3,050,865 NGN
Estimated Monthly Salary: 254,239 NGN
Estimated Weekly Salary: 58,670 NGN per week
Estimated Hourly Salary: 1,467 NGN per hour
By working as Auction Manager a person can save up to 100 USD per month or 1,199 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 Auction Manager

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.

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Data as of 2025

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