Product Analyst salary in Nigeria

Average Yearly Salary of Product Analyst in Nigeria is approximately 5,932,562 NGN (7,073 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 Product Analyst do?

A product analyst is responsible for evaluating and improving the performance of a company's products or services. They conduct market research, gather customer feedback, and analyze data to identify trends and insights. Using this information, they make recommendations for product enhancements, pricing strategies, and marketing campaigns. Product analysts also collaborate with cross-functional teams such as product development, sales, and marketing to ensure that products meet customer needs and align with business objectives. They may also be involved in competitor analysis, conducting market surveys, and tracking industry trends. Strong analytical skills, attention to detail, and the ability to interpret data are essential for success in this role.

Skills: product analysis, market research, data analysis, product management, marketing strategy, customer feedback
Job industry: Technology

How much does Product Analyst make?

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


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Salary comparison to National average

Is Product Analyst a well paid job?

Yes, our data shows that Product Analyst 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 Product Analyst?

High salary for Product Analyst would be somewhere between 6,525,818 NGN and 8,602,215 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Product 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: 5,932,562 NGN
Estimated Monthly Salary: 494,380 NGN
Estimated Weekly Salary: 114,088 NGN per week
Estimated Hourly Salary: 2,852 NGN per hour
By working as Product Analyst a person can save up to 384 USD per month or 4,606 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 Product 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

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