Home > Salary > Nigeria > Business Development Director
A Business Development Director is responsible for driving growth and expanding the business of an organization. They develop and implement strategies to identify new business opportunities, build relationships with potential clients, and negotiate deals that align with the company's objectives. The role involves conducting market research, analyzing industry trends, and identifying target markets to maximize revenue and profitability. Additionally, they collaborate with cross-functional teams to develop marketing campaigns, create compelling sales pitches, and deliver presentations to key stakeholders. A successful Business Development Director possesses strong leadership skills, excellent communication and negotiation abilities, and a deep understanding of market dynamics. They are results-oriented, proactive, and have a strategic mindset to identify and capitalize on emerging business opportunities.
Estimated Yearly Salary: 9,282,320 NGN
Estimated Monthly Salary: 773,527 NGN
Estimated Weekly Salary: 178,506 NGN per week
Estimated Hourly Salary: 4,463 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 749,404 NGN
Estimated Weekly Salary: 172,939 NGN per week
Estimated Hourly Salary: 4,323 NGN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 11,159 USD
Estimated Monthly Salary: 930 USD
Estimated Weekly Salary: 215 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 9,282,320 NGN
Estimated Monthly Salary: 773,527 NGN
Estimated Weekly Salary: 178,506 NGN per week
Estimated Hourly Salary: 4,463 NGN per hour
By working as Business Development Director a person can save up to 724 USD per month or 8,692 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.
Estimated Yearly Salary for Business Development Director
Last revision of data: 2025-01-04
Data as of 2025
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Business Development Director salary in Nigeria
Average Yearly Salary of Business Development Director in Nigeria is approximately 9,282,320 NGN (11,159 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 Business Development Director do?
A Business Development Director is responsible for driving growth and expanding the business of an organization. They develop and implement strategies to identify new business opportunities, build relationships with potential clients, and negotiate deals that align with the company's objectives. The role involves conducting market research, analyzing industry trends, and identifying target markets to maximize revenue and profitability. Additionally, they collaborate with cross-functional teams to develop marketing campaigns, create compelling sales pitches, and deliver presentations to key stakeholders. A successful Business Development Director possesses strong leadership skills, excellent communication and negotiation abilities, and a deep understanding of market dynamics. They are results-oriented, proactive, and have a strategic mindset to identify and capitalize on emerging business opportunities.
Skills: Business Development, Sales, Strategy, Relationship Building, Market Research, Negotiation
Job industry: Business services
Job industry: Business services
How much does Business Development Director make?
Salary details
How much does Business Development Director make?Estimated Yearly Salary: 9,282,320 NGN
Estimated Monthly Salary: 773,527 NGN
Estimated Weekly Salary: 178,506 NGN per week
Estimated Hourly Salary: 4,463 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,992,852 NGNEstimated Monthly Salary: 749,404 NGN
Estimated Weekly Salary: 172,939 NGN per week
Estimated Hourly Salary: 4,323 NGN per hour
Last revision of data: 2024-01-03Business Development Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,159 USD
Estimated Monthly Salary: 930 USD
Estimated Weekly Salary: 215 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Director job salary compared to average salary in Nigeria.
Comparison shows that a person working as Business Development Director in Nigeria earns on average:
2.35 times the average salary (or 235% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Director job salary compared to average salary in Nigeria.
Comparison shows that a person working as Business Development Director in Nigeria earns on average:
2.35 times the average salary (or 235% of average salary).
Is Business Development Director a well paid job?
Yes, our data show that Business Development Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Business Development Director?
High salary for Business Development Director would be somewhere between 10,210,552 NGN and 13,459,364 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Development Director 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: 9,282,320 NGN
Estimated Monthly Salary: 773,527 NGN
Estimated Weekly Salary: 178,506 NGN per week
Estimated Hourly Salary: 4,463 NGN per hour
By working as Business Development Director a person can save up to 724 USD per month or 8,692 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 Business Development Director
Cameroon is 3,592 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Nigeria
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Data as of 2025Random salary:
Ophthalmic assistant (2,287,291 NGN per year, pre-tax.)
Medical examiner (6,980,804 NGN per year, pre-tax.)
Senior level and layout designer (7,493,904 NGN per year, pre-tax.)
Banking administrator (4,101,932 NGN per year, pre-tax.)
Domestic laundry worker (1,739,340 NGN per year, pre-tax.)
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