Investment Banking Analyst salary in Nigeria

Average Yearly Salary of Investment Banking Analyst in Nigeria is approximately 6,114,407 NGN (7,305 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 Investment Banking Analyst do?

An investment banking analyst is a financial professional who works in the investment banking division of a financial institution. Their primary role is to assist senior bankers in executing various financial transactions, such as mergers and acquisitions, initial public offerings, and debt and equity financings. They conduct industry and company research, create financial models, prepare presentations, and analyze financial statements to support decision-making processes. Investment banking analysts work long hours in a fast-paced and high-pressure environment, often dealing with complex financial data and interacting with clients and other professionals. Strong analytical skills, attention to detail, and proficiency in financial modeling and valuation techniques are essential for this role.

Skills: investment banking, financial analysis, financial modeling, mergers and acquisitions, capital markets, financial transactions
Job industry: Finance

How much does Investment Banking Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Investment Banking Analyst a well paid job?

Yes, our data shows that Investment Banking 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 Investment Banking Analyst?

High salary for Investment Banking Analyst would be somewhere between 6,725,848 NGN and 8,865,890 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Investment Banking 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: 6,114,407 NGN
Estimated Monthly Salary: 509,534 NGN
Estimated Weekly Salary: 117,585 NGN per week
Estimated Hourly Salary: 2,940 NGN per hour
By working as Investment Banking Analyst a person can save up to 403 USD per month or 4,838 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 Investment Banking 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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