Market Analyst Energy Trading salary in Nigeria

Average Yearly Salary of Market Analyst Energy Trading in Nigeria is approximately 5,907,321 NGN (7,077 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 Market Analyst Energy Trading do?

A market analyst in energy trading is responsible for analyzing and interpreting data related to the energy market. They gather information on supply and demand dynamics, price trends, and market conditions to provide insights and recommendations to traders and decision-makers. Market analysts use statistical models and forecasting techniques to identify opportunities and risks in the market. They monitor market news, regulatory changes, and geopolitical events that may impact energy prices. Additionally, they collaborate with cross-functional teams to develop trading strategies and manage risk exposure. Effective communication skills are crucial in this role, as market analysts often present their findings to internal stakeholders or external clients.

Skills: market analyst, energy trading, data analysis, forecasting, risk management, market trends
Job industry: Energy trading

How much does Market Analyst Energy Trading make?

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


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Salary comparison to National average

Is Market Analyst Energy Trading a well paid job?

Yes, our data shows that Market Analyst Energy Trading 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 Market Analyst Energy Trading?

High salary for Market Analyst Energy Trading would be somewhere between 6,498,053 NGN and 8,565,615 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Market Analyst Energy Trading 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: 5,907,321 NGN
Estimated Monthly Salary: 492,277 NGN
Estimated Weekly Salary: 113,602 NGN per week
Estimated Hourly Salary: 2,840 NGN per hour
By working as Market Analyst Energy Trading a person can save up to 384 USD per month or 4,610 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 Market Analyst Energy Trading

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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