Financial Services Specialist salary in Nigeria

Average Yearly Salary of Financial Services Specialist in Nigeria is approximately 3,192,643 NGN (3,814 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 Financial Services Specialist do?

A financial services specialist is a professional who assists individuals, businesses, and organizations with their financial needs. This occupation involves providing expert advice and guidance on various financial matters, including investments, insurance, retirement planning, and wealth management. They analyze clients' financial situations, identify their goals and risk tolerance, and develop personalized strategies to help them achieve their objectives. Financial services specialists also assist with the implementation of these strategies, monitor their performance, and make adjustments as needed. They stay updated on market trends, regulations, and financial products to provide accurate and relevant information to clients. Strong analytical skills, excellent communication abilities, and a deep understanding of financial principles are essential for success in this role.

Skills: financial services, financial advisor, wealth management, investment planning, retirement planning, insurance analysis
Job industry: Finance

How much does Financial Services Specialist make?

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


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Salary comparison to National average

Is Financial Services Specialist a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Financial Services Specialist?

High salary for Financial Services Specialist would be somewhere between 3,511,907 NGN and 4,629,332 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Services Specialist 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: 3,192,643 NGN
Estimated Monthly Salary: 266,054 NGN
Estimated Weekly Salary: 61,397 NGN per week
Estimated Hourly Salary: 1,535 NGN per hour
By working as Financial Services Specialist a person can save up to 112 USD per month or 1,347 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 Financial Services Specialist

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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