Bank Sales Manager salary in Nigeria

Average Yearly Salary of Bank Sales Manager in Nigeria is approximately 5,070,921 NGN (6,086 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 Bank Sales Manager do?

A bank sales manager is responsible for overseeing the sales operations within a bank. They are in charge of managing a team of sales representatives, setting sales targets, and ensuring that the team meets or exceeds those targets. The bank sales manager also plays a crucial role in developing and implementing sales strategies to attract and retain customers. They collaborate with other departments to identify opportunities for cross-selling and upselling banking products and services. Additionally, they monitor market trends and competitor activities to stay ahead of the competition. A bank sales manager must possess excellent leadership and communication skills, as well as a deep understanding of banking products and services.

Skills: Bank sales, Sales management, Team leadership, Sales strategy, Customer relationship, Banking products
Job industry: Banking

How much does Bank Sales 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 Bank Sales Manager a well paid job?

Yes, our data shows that Bank Sales Manager 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 Bank Sales Manager?

High salary for Bank Sales Manager would be somewhere between 5,578,013 NGN and 7,352,835 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Sales 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: 5,070,921 NGN
Estimated Monthly Salary: 422,577 NGN
Estimated Weekly Salary: 97,518 NGN per week
Estimated Hourly Salary: 2,438 NGN per hour
By working as Bank Sales Manager a person can save up to 302 USD per month or 3,619 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 Bank Sales 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.

Top 10 highest salaries in Nigeria

Data as of 2025

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