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Junior Trader Equities salary in Nigeria

Average Yearly Salary of Junior Trader Equities in Nigeria is approximately 6,145,061 NGN (7,363 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 Junior Trader Equities do?

occupation personasA junior trader in equities is responsible for assisting senior traders in executing trades, managing portfolios, and analyzing market trends. They work closely with research analysts to gather information on potential investment opportunities and monitor the performance of existing investments. Junior traders also assist in developing trading strategies and may be involved in risk management activities. Their day-to-day tasks include monitoring market conditions, executing trades on behalf of clients or the firm, and maintaining accurate records of transactions. They need to stay updated on market news, economic data, and company announcements that may impact stock prices. Junior traders must possess strong analytical skills, attention to detail, and the ability to work under pressure in a fast-paced environment.

Skills: Junior Trader, Equities, Stock Market, Trading, Investment, Financial Analysis
Job industry: Finance


How much does Junior Trader Equities make?

Salary details
How much does Junior Trader Equities make?
Estimated Yearly Salary: 6,145,061 NGN
Estimated Monthly Salary: 512,088 NGN
Estimated Weekly Salary: 118,174 NGN per week
Estimated Hourly Salary: 2,954 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 5,948,140 NGN
Estimated Monthly Salary: 495,678 NGN
Estimated Weekly Salary: 114,387 NGN per week
Estimated Hourly Salary: 2,860 NGN per hour
Last revision of data: 2024-01-06



Junior Trader Equities estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 7,363 USD
Estimated Monthly Salary: 614 USD
Estimated Weekly Salary: 142 USD per week
Estimated Hourly Salary: 4 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Junior Trader Equities job salary compared to average salary in Nigeria.
Comparison shows that a person working as Junior Trader Equities in Nigeria earns on average:
1.56 times the average salary (or 156% of average salary).

Is Junior Trader Equities a well paid job?

Yes, our data shows that Junior Trader Equities 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 Junior Trader Equities?

High salary for Junior Trader Equities would be somewhere between 6,759,567 NGN and 8,910,338 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Junior Trader Equities 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: 6,145,061 NGN
Estimated Monthly Salary: 512,088 NGN
Estimated Weekly Salary: 118,174 NGN per week
Estimated Hourly Salary: 2,954 NGN per hour
By working as Junior Trader Equities a person can save up to 408 USD per month or 4,896 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 Junior Trader Equities

Cameroon is 2,372 USDdown arrow 68%
Details on Junior Trader Equities salary in Cameroon
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(44,763,887 NGN per year, pre-tax.)
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(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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Please note:
This website offers salary insights for informational purposes exclusively.
This website compiles salary data for educational purposes exclusively. While we endeavor to deliver correct figures, we cannot ensure their full reliability. Users are highly advised to consult other sources before making career-related plans. Salary figures fluctuate based on multiple conditions, such as location, job role, and individual qualifications. We make no guarantees as to the validity of the listed information. Your use of this site acknowledges agreement of this notice.
optisalary.com compiles salary data for educational use only. While we strive to deliver correct estimates, we do not ensure their full precision. Users are strongly encouraged to consult additional databases before finalizing career-related decisions. Salary amounts fluctuate based on multiple conditions, such as location, job role, and individual qualifications. We do not offer any guarantees as to the correctness of the listed information. Your use of this site acknowledges acceptance of this notice.