Home > Salary > Nigeria > Business Manager
A business manager is responsible for overseeing the daily operations and overall performance of a company or organization. They are responsible for setting goals, developing strategies, and implementing plans to achieve financial success and growth. Business managers analyze market trends, identify opportunities, and make informed decisions to improve profitability and efficiency. They also manage budgets, allocate resources, and ensure compliance with regulations and policies. Additionally, they provide leadership and guidance to employees, fostering a positive work environment and promoting teamwork.
Estimated Yearly Salary: 5,408,789 NGN
Estimated Monthly Salary: 450,732 NGN
Estimated Weekly Salary: 104,015 NGN per week
Estimated Hourly Salary: 2,600 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 437,158 NGN
Estimated Weekly Salary: 100,883 NGN per week
Estimated Hourly Salary: 2,522 NGN per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 6,494 USD
Estimated Monthly Salary: 541 USD
Estimated Weekly Salary: 125 USD per week
Estimated Hourly Salary: 3 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: 5,408,789 NGN
Estimated Monthly Salary: 450,732 NGN
Estimated Weekly Salary: 104,015 NGN per week
Estimated Hourly Salary: 2,600 NGN per hour
By working as Business Manager a person can save up to 336 USD per month or 4,027 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 Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Orientation and mobility specialist (3,345,141 NGN per year, pre-tax.)
Pyrotechnician (3,155,096 NGN per year, pre-tax.)
Museum director (3,470,453 NGN per year, pre-tax.)
Regional marketing director (7,103,138 NGN per year, pre-tax.)
Hims manager (3,624,467 NGN per year, pre-tax.)
Business Manager salary in Nigeria
Average Yearly Salary of Business Manager in Nigeria is approximately 5,408,789 NGN (6,494 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 Manager do?
A business manager is responsible for overseeing the daily operations and overall performance of a company or organization. They are responsible for setting goals, developing strategies, and implementing plans to achieve financial success and growth. Business managers analyze market trends, identify opportunities, and make informed decisions to improve profitability and efficiency. They also manage budgets, allocate resources, and ensure compliance with regulations and policies. Additionally, they provide leadership and guidance to employees, fostering a positive work environment and promoting teamwork.
Skills: Business management, Leadership, Strategic planning, Financial analysis, Operations management, Team building
Job industry: Business administration
Job industry: Business administration
How much does Business Manager make?
Salary details
How much does Business Manager make?Estimated Yearly Salary: 5,408,789 NGN
Estimated Monthly Salary: 450,732 NGN
Estimated Weekly Salary: 104,015 NGN per week
Estimated Hourly Salary: 2,600 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,245,900 NGNEstimated Monthly Salary: 437,158 NGN
Estimated Weekly Salary: 100,883 NGN per week
Estimated Hourly Salary: 2,522 NGN per hour
Last revision of data: 2024-01-09Business Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,494 USD
Estimated Monthly Salary: 541 USD
Estimated Weekly Salary: 125 USD per week
Estimated Hourly Salary: 3 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Business Manager in Nigeria earns on average:
1.37 times the average salary (or 137% 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 Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Business Manager in Nigeria earns on average:
1.37 times the average salary (or 137% of average salary).
Is Business Manager a well paid job?
Yes, our data shows that Business 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 Business Manager?
High salary for Business Manager would be somewhere between 5,949,668 NGN and 7,842,744 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Business 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: 5,408,789 NGN
Estimated Monthly Salary: 450,732 NGN
Estimated Weekly Salary: 104,015 NGN per week
Estimated Hourly Salary: 2,600 NGN per hour
By working as Business Manager a person can save up to 336 USD per month or 4,027 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 Manager
Cameroon is 2,101 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
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Orientation and mobility specialist (3,345,141 NGN per year, pre-tax.)
Pyrotechnician (3,155,096 NGN per year, pre-tax.)
Museum director (3,470,453 NGN per year, pre-tax.)
Regional marketing director (7,103,138 NGN per year, pre-tax.)
Hims manager (3,624,467 NGN per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=nigeria&job=business-manager'><img src='https://optisalary.com/wp-content/graphs/salary/business-manager-salary-in-nigeria-2025.jpg' alt='business manager salary in nigeria 2025' title='business manager salary in nigeria 2025' /></a>
Please note:optisalary.com aggregates salary data for reference purposes only.
Salary details presented on optisalary.com are meant for informational use only. Our data is sourced through various inputs and may not always be accurate. Users should verify salary information through other means before making financial commitments. The figures shown here may change due to variables such as location, industry standards, and individual skill sets. We cannot warrant that the data displayed is flawless. By accessing optisalary.com, you agree that salary information is offered 'as is' and without assurances.
optisalary.com offers salary estimates for informational purposes exclusively. While we collect data from various sources, we do not ensure full accuracy. Users are advised to consult external organizations before making major financial decisions. Salaries shift due to various elements, such as market demand, employer policies, and geographic location. We make no guarantee regarding the validity of the displayed salary figures. Your use of this site confirms your understanding of these terms.