Home > Salary > Nigeria > Market Research Analyst
A market research analyst is responsible for gathering and analyzing data to help companies make informed business decisions. They conduct research on market trends, consumer behavior, and competitor analysis to identify opportunities and assess the potential impact of marketing strategies. Market research analysts design surveys, questionnaires, and focus groups to collect data from target audiences, and then analyze the findings using statistical software. They also generate reports and presentations to communicate their findings and recommendations to stakeholders.
Estimated Yearly Salary: 4,768,334 NGN
Estimated Monthly Salary: 397,361 NGN
Estimated Weekly Salary: 91,699 NGN per week
Estimated Hourly Salary: 2,292 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 382,540 NGN
Estimated Weekly Salary: 88,278 NGN per week
Estimated Hourly Salary: 2,207 NGN per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 5,678 USD
Estimated Monthly Salary: 473 USD
Estimated Weekly Salary: 109 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 4,768,334 NGN
Estimated Monthly Salary: 397,361 NGN
Estimated Weekly Salary: 91,699 NGN per week
Estimated Hourly Salary: 2,292 NGN per hour
By working as Market Research Analyst a person can save up to 268 USD per month or 3,211 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.
Estimated Yearly Salary for Market Research Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Machine fixer (2,287,291 NGN per year, pre-tax.)
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Market Research Analyst salary in Nigeria
Average Yearly Salary of Market Research Analyst in Nigeria is approximately 4,768,334 NGN (5,678 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 Research Analyst do?
A market research analyst is responsible for gathering and analyzing data to help companies make informed business decisions. They conduct research on market trends, consumer behavior, and competitor analysis to identify opportunities and assess the potential impact of marketing strategies. Market research analysts design surveys, questionnaires, and focus groups to collect data from target audiences, and then analyze the findings using statistical software. They also generate reports and presentations to communicate their findings and recommendations to stakeholders.
Skills: Market research analyst, Data analysis, Consumer behavior, Market trends, Competitor analysis, Statistical software.
Job industry: Marketing
Job industry: Marketing
How much does Market Research Analyst make?
Salary details
How much does Market Research Analyst make?Estimated Yearly Salary: 4,768,334 NGN
Estimated Monthly Salary: 397,361 NGN
Estimated Weekly Salary: 91,699 NGN per week
Estimated Hourly Salary: 2,292 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,590,476 NGNEstimated Monthly Salary: 382,540 NGN
Estimated Weekly Salary: 88,278 NGN per week
Estimated Hourly Salary: 2,207 NGN per hour
Last revision of data: 2024-01-09Market Research Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,678 USD
Estimated Monthly Salary: 473 USD
Estimated Weekly Salary: 109 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Market Research Analyst job salary compared to average salary in Nigeria.
Comparison shows that a person working as Market Research Analyst in Nigeria earns on average:
1.21 times the average salary (or 121% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Market Research Analyst job salary compared to average salary in Nigeria.
Comparison shows that a person working as Market Research Analyst in Nigeria earns on average:
1.21 times the average salary (or 121% of average salary).
Is Market Research Analyst a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Market Research Analyst?
High salary for Market Research Analyst would be somewhere between 5,245,167 NGN and 6,914,084 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Market Research 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: 4,768,334 NGN
Estimated Monthly Salary: 397,361 NGN
Estimated Weekly Salary: 91,699 NGN per week
Estimated Hourly Salary: 2,292 NGN per hour
By working as Market Research Analyst a person can save up to 268 USD per month or 3,211 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 Research Analyst
Cameroon is 1,842 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Nigeria
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Gastroenterologist (30,329,891 NGN per year, pre-tax.)
Trading assistant (3,170,901 NGN per year, pre-tax.)
Strategic business unit manager (7,774,800 NGN per year, pre-tax.)
Machine fixer (2,287,291 NGN per year, pre-tax.)
Account executive freight forwarding (4,684,108 NGN per year, pre-tax.)
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