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Music Business Manager salary in Nigeria

Average Yearly Salary of Music Business Manager in Nigeria is approximately 5,970,519 NGN (7,155 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 Music Business Manager do?

occupation personasA music business manager is responsible for overseeing the various aspects of an artist's career in the music industry. They handle the financial, legal, and administrative tasks required to ensure the success of the artist's career. This includes negotiating contracts, managing finances, coordinating tours and promotions, and liaising with record labels, agents, and other industry professionals. They also provide guidance and advice to the artist on career decisions and help them navigate the complex music industry landscape. A music business manager must have a strong understanding of the industry and its trends, excellent organizational and communication skills, and the ability to multitask effectively. They play a crucial role in shaping an artist's career and ensuring their long-term success.

Skills: Music industry, Artist management, Contract negotiation, Financial management, Tour coordination, Industry liaison
Job industry: Entertainment


How much does Music Business Manager make?

Salary details
How much does Music Business Manager make?
Estimated Yearly Salary: 5,970,519 NGN
Estimated Monthly Salary: 497,543 NGN
Estimated Weekly Salary: 114,818 NGN per week
Estimated Hourly Salary: 2,870 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 5,760,876 NGN
Estimated Monthly Salary: 480,073 NGN
Estimated Weekly Salary: 110,786 NGN per week
Estimated Hourly Salary: 2,770 NGN per hour
Last revision of data: 2024-01-02



Music Business Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 7,155 USD
Estimated Monthly Salary: 596 USD
Estimated Weekly Salary: 138 USD per week
Estimated Hourly Salary: 3 USD per hour


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

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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 Music Business Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Music Business Manager in Nigeria earns on average:
1.51 times the average salary (or 151% of average salary).

Is Music Business Manager a well paid job?

Yes, our data shows that Music Business Manager 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 Music Business Manager?

High salary for Music Business Manager would be somewhere between 6,567,571 NGN and 8,657,253 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Music Business Manager 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: 5,970,519 NGN
Estimated Monthly Salary: 497,543 NGN
Estimated Weekly Salary: 114,818 NGN per week
Estimated Hourly Salary: 2,870 NGN per hour
By working as Music Business Manager a person can save up to 391 USD per month or 4,688 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 Music Business Manager

Cameroon is 2,304 USDdown arrow 68%
Details on Music Business Manager 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.)
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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The salary data on this site is intended for informational purposes only. We provide salary insights based on multiple datasets, but do not guarantee complete accuracy. Users should always cross-check salary details with other trusted sources before making financial choices. Fluctuations in salary figures may occur due to various factors, including location, experience, and industry. We do not extend any guarantee regarding the completeness of the provided salary information. Use of this website constitutes acceptance of these conditions.