Banker Analyst salary in Nigeria

Average Yearly Salary of Banker Analyst in Nigeria is approximately 5,385,867 NGN (6,454 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 Banker Analyst do?

A banker analyst is a professional who works in the financial industry, specifically within banking institutions. Their primary role is to analyze and assess financial data to provide insights and recommendations for decision-making purposes. They evaluate the financial health and performance of companies, industries, and markets, as well as identify potential risks and opportunities. Banker analysts also assist in the development of investment strategies, conduct market research, and prepare reports and presentations for clients or senior management. They utilize various financial models, tools, and software to perform their analyses and stay updated on market trends and regulations. Attention to detail, strong analytical skills, and a deep understanding of financial concepts are essential for success in this occupation.

Skills: banker analyst, financial analysis, risk assessment, investment strategy, market research, financial modeling
Job industry: Finance

How much does Banker Analyst make?

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


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Salary comparison to National average

Is Banker Analyst a well paid job?

Yes, our data shows that Banker Analyst 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 Banker Analyst?

High salary for Banker Analyst would be somewhere between 5,924,454 NGN and 7,809,507 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banker Analyst 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: 5,385,867 NGN
Estimated Monthly Salary: 448,822 NGN
Estimated Weekly Salary: 103,574 NGN per week
Estimated Hourly Salary: 2,589 NGN per hour
By working as Banker Analyst a person can save up to 332 USD per month or 3,987 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 Banker Analyst

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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