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A trader in equities is an individual who buys and sells stocks on behalf of clients or for their own account. They analyze market trends, company financials, and other relevant data to make informed investment decisions. Traders typically work for investment banks, hedge funds, or brokerage firms, and their primary goal is to generate profits by capitalizing on short-term price fluctuations in the stock market.
To excel in this occupation, traders need strong analytical skills, a deep understanding of financial markets, and the ability to manage risks effectively. They must be able to react quickly to changing market conditions and make split-second decisions. Additionally, traders often use sophisticated trading platforms and algorithms to execute trades efficiently.
Estimated Yearly Salary: 7,486,178 NGN
Estimated Monthly Salary: 623,848 NGN
Estimated Weekly Salary: 143,965 NGN per week
Estimated Hourly Salary: 3,599 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 601,084 NGN
Estimated Weekly Salary: 138,712 NGN per week
Estimated Hourly Salary: 3,468 NGN per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 8,956 USD
Estimated Monthly Salary: 746 USD
Estimated Weekly Salary: 172 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 7,486,178 NGN
Estimated Monthly Salary: 623,848 NGN
Estimated Weekly Salary: 143,965 NGN per week
Estimated Hourly Salary: 3,599 NGN per hour
By working as Trader Equities a person can save up to 541 USD per month or 6,489 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.
Estimated Yearly Salary for Trader Equities
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Rolling attendant (1,577,548 NGN per year, pre-tax.)
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Window cleaner (2,717,000 NGN per year, pre-tax.)
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Trader Equities salary in Nigeria
Average Yearly Salary of Trader Equities in Nigeria is approximately 7,486,178 NGN (8,956 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 Trader Equities do?
A trader in equities is an individual who buys and sells stocks on behalf of clients or for their own account. They analyze market trends, company financials, and other relevant data to make informed investment decisions. Traders typically work for investment banks, hedge funds, or brokerage firms, and their primary goal is to generate profits by capitalizing on short-term price fluctuations in the stock market.
To excel in this occupation, traders need strong analytical skills, a deep understanding of financial markets, and the ability to manage risks effectively. They must be able to react quickly to changing market conditions and make split-second decisions. Additionally, traders often use sophisticated trading platforms and algorithms to execute trades efficiently.
How much does Trader Equities make?
Salary details
How much does Trader Equities make?Estimated Yearly Salary: 7,486,178 NGN
Estimated Monthly Salary: 623,848 NGN
Estimated Weekly Salary: 143,965 NGN per week
Estimated Hourly Salary: 3,599 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,213,008 NGNEstimated Monthly Salary: 601,084 NGN
Estimated Weekly Salary: 138,712 NGN per week
Estimated Hourly Salary: 3,468 NGN per hour
Last revision of data: 2024-01-06Trader Equities estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,956 USD
Estimated Monthly Salary: 746 USD
Estimated Weekly Salary: 172 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Trader Equities job salary compared to average salary in Nigeria.
Comparison shows that a person working as Trader Equities in Nigeria earns on average:
1.9 times the average salary (or 190% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Trader Equities job salary compared to average salary in Nigeria.
Comparison shows that a person working as Trader Equities in Nigeria earns on average:
1.9 times the average salary (or 190% of average salary).
Is Trader Equities a well paid job?
Yes, our data shows that Trader Equities 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 Trader Equities?
High salary for Trader Equities would be somewhere between 8,234,796 NGN and 10,854,958 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as 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: 7,486,178 NGN
Estimated Monthly Salary: 623,848 NGN
Estimated Weekly Salary: 143,965 NGN per week
Estimated Hourly Salary: 3,599 NGN per hour
By working as Trader Equities a person can save up to 541 USD per month or 6,489 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 Trader Equities
Cameroon is 2,880 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Nigeria
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Rolling attendant (1,577,548 NGN per year, pre-tax.)
Office manager trainee (3,091,528 NGN per year, pre-tax.)
Inside sales associate (3,013,948 NGN per year, pre-tax.)
Window cleaner (2,717,000 NGN per year, pre-tax.)
Floor supervisor (2,169,129 NGN per year, pre-tax.)
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