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Senior Trader Equities salary in Nigeria

Average Yearly Salary of Senior Trader Equities in Nigeria is approximately 8,804,554 NGN (10,537 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 Senior Trader Equities do?

occupation personasA senior trader in equities is a highly skilled and experienced professional who specializes in buying and selling stocks and shares on behalf of clients or the firm they work for. They are responsible for executing trades in the equity markets, analyzing market trends, and making informed investment decisions to maximize profits. Senior traders closely monitor market conditions, economic news, and company performance to identify trading opportunities and manage risks.

Skills: senior trader, equities, stock market, investment, trading strategies, financial analysis
Job industry: Finance


How much does Senior Trader Equities make?

Salary details
How much does Senior Trader Equities make?
Estimated Yearly Salary: 8,804,554 NGN
Estimated Monthly Salary: 733,713 NGN
Estimated Weekly Salary: 169,318 NGN per week
Estimated Hourly Salary: 4,233 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 8,524,692 NGN
Estimated Monthly Salary: 710,391 NGN
Estimated Weekly Salary: 163,936 NGN per week
Estimated Hourly Salary: 4,098 NGN per hour
Last revision of data: 2024-01-03



Senior Trader Equities estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 10,537 USD
Estimated Monthly Salary: 878 USD
Estimated Weekly Salary: 203 USD per week
Estimated Hourly Salary: 5 USD per hour


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

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 Senior Trader Equities job salary compared to average salary in Nigeria.
Comparison shows that a person working as Senior Trader Equities in Nigeria earns on average:
2.23 times the average salary (or 223% of average salary).

Is Senior Trader Equities a well paid job?

Yes, our data show that Senior Trader Equities 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 Senior Trader Equities?

High salary for Senior Trader Equities would be somewhere between 9,685,009 NGN and 12,766,603 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Trader Equities 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: 8,804,554 NGN
Estimated Monthly Salary: 733,713 NGN
Estimated Weekly Salary: 169,318 NGN per week
Estimated Hourly Salary: 4,233 NGN per hour
By working as Senior Trader Equities a person can save up to 672 USD per month or 8,070 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 Senior Trader Equities

Cameroon is 3,411 USDdown arrow 68%
Details on Senior Trader Equities 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 exclusively. We provide salary insights derived from multiple datasets, but cannot guarantee absolute accuracy. Users should consistently cross-check salary details with other reliable sources before making financial choices. Variations in salary amounts may occur due to various factors, including company policies, market demand, and individual skills. We do not offer any guarantee regarding the completeness of the displayed salary information. Use of optisalary.com implies acceptance of these terms.
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