Fea Analyst salary in Nigeria

Average Yearly Salary of Fea Analyst in Nigeria is approximately 6,247,268 NGN (7,504 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 Fea Analyst do?

A Financial Engineering and Analytics (FEA) Analyst is a professional who combines financial expertise with technical skills to analyze complex financial data and develop models to support decision-making processes. They work primarily in the financial industry, including investment banks, hedge funds, and asset management firms. FEA Analysts are responsible for gathering and analyzing financial data, developing and implementing mathematical models and algorithms, and conducting risk assessments. They use statistical techniques and programming languages such as Python or R to build and test financial models, evaluate investment strategies, and optimize portfolio performance. Additionally, they provide recommendations on risk management, pricing models, and investment strategies based on their analysis. Key skills for FEA Analysts include strong quantitative and analytical abilities, proficiency in programming and data analysis tools, knowledge of financial markets and products, and the ability to communicate complex concepts effectively.

Skills: Financial analysis, Risk assessment, Quantitative modeling, Data analysis, Financial markets, Portfolio optimization
Job industry: Engineering

How much does Fea Analyst make?

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


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Salary comparison to National average

Is Fea Analyst a well paid job?

Yes, our data shows that Fea 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 Fea Analyst?

High salary for Fea Analyst would be somewhere between 6,871,995 NGN and 9,058,539 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Fea 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: 6,247,268 NGN
Estimated Monthly Salary: 520,606 NGN
Estimated Weekly Salary: 120,140 NGN per week
Estimated Hourly Salary: 3,003 NGN per hour
By working as Fea Analyst a person can save up to 420 USD per month or 5,037 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 Fea 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.

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Data as of 2025

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