Junior Trader Fixed Income salary in Nigeria

Average Yearly Salary of Junior Trader Fixed Income in Nigeria is approximately 5,192,503 NGN (6,215 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 Fixed Income do?

A junior trader in fixed income is responsible for assisting senior traders in executing trades related to fixed income securities such as bonds, treasury bills, and mortgage-backed securities. They work closely with the trading desk to identify potential trading opportunities, analyze market trends, and monitor risk exposure. Junior traders are involved in the entire trade lifecycle, from researching and analyzing investment opportunities to negotiating prices and executing trades. They also collaborate with other departments, such as research and sales, to gather market intelligence and provide insights to clients.

Skills: Junior Trader, Fixed Income, Trading Desk, Market Analysis, Risk Management, Trade Execution.
Job industry: Finance

How much does Junior Trader Fixed Income make?

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


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Salary comparison to National average

Is Junior Trader Fixed Income a well paid job?

Yes, our data shows that Junior Trader Fixed Income 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 Fixed Income?

High salary for Junior Trader Fixed Income would be somewhere between 5,711,753 NGN and 7,529,129 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Junior Trader Fixed Income 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: 5,192,503 NGN
Estimated Monthly Salary: 432,709 NGN
Estimated Weekly Salary: 99,856 NGN per week
Estimated Hourly Salary: 2,496 NGN per hour
By working as Junior Trader Fixed Income a person can save up to 312 USD per month or 3,748 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 Fixed Income

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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