Loan Review Analyst salary in Nigeria

Average Yearly Salary of Loan Review Analyst in Nigeria is approximately 4,447,487 NGN (5,346 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 Loan Review Analyst do?

A loan review analyst is responsible for conducting thorough evaluations of loan applications and financial documents to assess the creditworthiness and risk associated with each borrower. They analyze financial statements, credit reports, and other relevant information to determine if borrowers meet the lending criteria and comply with regulations. Loan review analysts also identify potential risks and make recommendations for mitigating them. They collaborate with loan officers, underwriters, and other stakeholders to ensure accurate and timely completion of loan reviews.

Skills: loan review, credit analysis, risk assessment, financial evaluation, lending criteria, regulatory compliance.
Job industry: Finance

How much does Loan Review Analyst make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Loan Review Analyst a well paid job?

Yes, our data show that Loan Review Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Loan Review Analyst?

High salary for Loan Review Analyst would be somewhere between 4,892,236 NGN and 6,448,856 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Review 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: 4,447,487 NGN
Estimated Monthly Salary: 370,624 NGN
Estimated Weekly Salary: 85,529 NGN per week
Estimated Hourly Salary: 2,138 NGN per hour
By working as Loan Review Analyst a person can save up to 240 USD per month or 2,879 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 Loan Review 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.

Top 10 highest salaries in Nigeria

Data as of 2025

Random salary:
Chief pilot (aircraft) (6,899,776 NGN per year, pre-tax.)
Hospital education coordinator (3,943,871 NGN per year, pre-tax.)
Academic coach (2,473,940 NGN per year, pre-tax.)
Water treatment plant operator (3,537,931 NGN per year, pre-tax.)
Gas supervisor (3,589,213 NGN per year, pre-tax.)

Feedback about these results