Home > Salary > Nigeria > Financial Specialist
A financial specialist is responsible for managing and analyzing financial data to provide expert advice and guidance to individuals or organizations. They assess financial goals, develop strategies, and make recommendations to improve financial performance. Financial specialists may specialize in areas such as investment management, risk assessment, tax planning, or retirement planning. They stay updated on market trends, economic conditions, and regulatory changes to ensure accurate and effective financial planning.
Estimated Yearly Salary: 3,187,617 NGN
Estimated Monthly Salary: 265,635 NGN
Estimated Weekly Salary: 61,300 NGN per week
Estimated Hourly Salary: 1,533 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 257,627 NGN
Estimated Weekly Salary: 59,452 NGN per week
Estimated Hourly Salary: 1,486 NGN per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 3,816 USD
Estimated Monthly Salary: 318 USD
Estimated Weekly Salary: 73 USD per week
Estimated Hourly Salary: 2 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: 3,187,617 NGN
Estimated Monthly Salary: 265,635 NGN
Estimated Weekly Salary: 61,300 NGN per week
Estimated Hourly Salary: 1,533 NGN per hour
By working as Financial Specialist a person can save up to 112 USD per month or 1,349 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 Financial Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Financial Specialist salary in Nigeria
Average Yearly Salary of Financial Specialist in Nigeria is approximately 3,187,617 NGN (3,816 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 Specialist do?
A financial specialist is responsible for managing and analyzing financial data to provide expert advice and guidance to individuals or organizations. They assess financial goals, develop strategies, and make recommendations to improve financial performance. Financial specialists may specialize in areas such as investment management, risk assessment, tax planning, or retirement planning. They stay updated on market trends, economic conditions, and regulatory changes to ensure accurate and effective financial planning.
Skills: financial analysis, investment management, risk assessment, tax planning, retirement planning, financial advisory
Job industry: Finance
Job industry: Finance
How much does Financial Specialist make?
Salary details
How much does Financial Specialist make?Estimated Yearly Salary: 3,187,617 NGN
Estimated Monthly Salary: 265,635 NGN
Estimated Weekly Salary: 61,300 NGN per week
Estimated Hourly Salary: 1,533 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,091,528 NGNEstimated Monthly Salary: 257,627 NGN
Estimated Weekly Salary: 59,452 NGN per week
Estimated Hourly Salary: 1,486 NGN per hour
Last revision of data: 2024-01-05Financial Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,816 USD
Estimated Monthly Salary: 318 USD
Estimated Weekly Salary: 73 USD per week
Estimated Hourly Salary: 2 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 Financial Specialist job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Specialist in Nigeria earns on average:
0.81 times the average salary (or 81% 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 Financial Specialist job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Specialist in Nigeria earns on average:
0.81 times the average salary (or 81% of average salary).
Is Financial Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Financial Specialist?
High salary for Financial Specialist would be somewhere between 3,506,379 NGN and 4,622,045 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial 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: 3,187,617 NGN
Estimated Monthly Salary: 265,635 NGN
Estimated Weekly Salary: 61,300 NGN per week
Estimated Hourly Salary: 1,533 NGN per hour
By working as Financial Specialist a person can save up to 112 USD per month or 1,349 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 Specialist
Cameroon is 1,234 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
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4. Neurosurgeon
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(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:
Head brewer (3,595,997 NGN per year, pre-tax.)
Html5 developer (4,929,838 NGN per year, pre-tax.)
Officer assistant (2,287,291 NGN per year, pre-tax.)
Help desk administrator (4,318,721 NGN per year, pre-tax.)
Trade show coordinator (3,101,747 NGN per year, pre-tax.)
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