Project Finance Analyst salary in Nigeria

Average Yearly Salary of Project Finance Analyst in Nigeria is approximately 6,396,771 NGN (7,661 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 Project Finance Analyst do?

A project finance analyst is responsible for analyzing the financial feasibility and viability of potential projects. They assess the financial risks and returns associated with a project, conduct financial modeling and analysis, and provide recommendations to management regarding project financing options. They collaborate with various stakeholders such as project managers, engineers, and legal teams to ensure the financial aspects of a project are well-planned and executed. Key tasks of a project finance analyst include evaluating project proposals, conducting due diligence, preparing financial reports, monitoring project performance, and assessing potential risks and mitigations. They also keep abreast of market trends and regulatory changes that could impact project financing.

Skills: project finance, financial analysis, financial modeling, risk assessment, project management, financial feasibility.
Job industry: Finance

How much does Project Finance Analyst make?

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


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Salary comparison to National average

Is Project Finance Analyst a well paid job?

Yes, our data shows that Project Finance 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 Project Finance Analyst?

High salary for Project Finance Analyst would be somewhere between 7,036,448 NGN and 9,275,318 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Finance 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: 6,396,771 NGN
Estimated Monthly Salary: 533,064 NGN
Estimated Weekly Salary: 123,015 NGN per week
Estimated Hourly Salary: 3,075 NGN per hour
By working as Project Finance Analyst a person can save up to 433 USD per month or 5,194 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 Project Finance 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.

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Data as of 2025

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