Quantitative Analysis Director salary in Nigeria

Average Yearly Salary of Quantitative Analysis Director in Nigeria is approximately 13,129,736 NGN (15,663 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 Quantitative Analysis Director do?

A Quantitative Analysis Director is responsible for leading a team of quantitative analysts and overseeing the development and implementation of data-driven models and strategies. They work in various industries such as finance, marketing, and technology, utilizing statistical techniques and mathematical models to analyze large datasets and derive insights. Their primary role involves designing and executing quantitative research projects, managing data collection and analysis processes, and presenting findings to senior management. They collaborate with cross-functional teams to identify business opportunities, optimize processes, and enhance decision-making. A Quantitative Analysis Director stays updated with industry trends, emerging technologies, and regulatory requirements to ensure the accuracy and integrity of analytical models. They possess strong analytical and problem-solving skills, proficiency in programming languages and statistical software, and excellent communication skills to effectively convey complex concepts to non-technical stakeholders.

Skills: Quantitative Analysis, Data Analysis, Statistical Modeling, Decision-making, Leadership, Cross-functional Collaboration
Job industry: Finance

How much does Quantitative Analysis Director make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Quantitative Analysis Director a well paid job?

Yes, our data show that Quantitative Analysis Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Quantitative Analysis Director?

High salary for Quantitative Analysis Director would be somewhere between 14,442,710 NGN and 19,038,117 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Analysis Director 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: 13,129,736 NGN
Estimated Monthly Salary: 1,094,145 NGN
Estimated Weekly Salary: 252,495 NGN per week
Estimated Hourly Salary: 6,312 NGN per hour
By working as Quantitative Analysis Director a person can save up to 1,100 USD per month or 13,196 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 Quantitative Analysis Director

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

Random salary:
Steamfitter (5,876,674 NGN per year, pre-tax.)
Medical exercise physiologist (3,677,727 NGN per year, pre-tax.)
Hr payroll clerk (2,817,908 NGN per year, pre-tax.)
Valve clinic coordinator (5,294,438 NGN per year, pre-tax.)
Research analyst healthcare (5,196,950 NGN per year, pre-tax.)

Feedback about these results