Home > Salary > Nigeria > Treasury Manager
A Treasury Manager is responsible for overseeing and managing the financial activities of an organization, particularly related to cash flow, risk management, and investment strategies. They are in charge of analyzing and forecasting cash flows, ensuring sufficient liquidity to meet financial obligations, and optimizing the use of funds through effective investment and borrowing decisions. Treasury Managers also develop and implement policies and procedures to mitigate financial risks, such as foreign exchange and interest rate risks. They collaborate with internal departments and external stakeholders, including banks and financial institutions, to negotiate favorable terms for loans and credit facilities. Additionally, they monitor and report on the performance of investments and recommend adjustments to optimize returns.
Estimated Yearly Salary: 8,096,042 NGN
Estimated Monthly Salary: 674,670 NGN
Estimated Weekly Salary: 155,693 NGN per week
Estimated Hourly Salary: 3,892 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 651,801 NGN
Estimated Weekly Salary: 150,416 NGN per week
Estimated Hourly Salary: 3,760 NGN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,663 USD
Estimated Monthly Salary: 805 USD
Estimated Weekly Salary: 186 USD per week
Estimated Hourly Salary: 5 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: 8,096,042 NGN
Estimated Monthly Salary: 674,670 NGN
Estimated Weekly Salary: 155,693 NGN per week
Estimated Hourly Salary: 3,892 NGN per hour
By working as Treasury Manager a person can save up to 600 USD per month or 7,196 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.
Estimated Yearly Salary for Treasury Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Treasury Manager salary in Nigeria
Average Yearly Salary of Treasury Manager in Nigeria is approximately 8,096,042 NGN (9,663 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 Treasury Manager do?
A Treasury Manager is responsible for overseeing and managing the financial activities of an organization, particularly related to cash flow, risk management, and investment strategies. They are in charge of analyzing and forecasting cash flows, ensuring sufficient liquidity to meet financial obligations, and optimizing the use of funds through effective investment and borrowing decisions. Treasury Managers also develop and implement policies and procedures to mitigate financial risks, such as foreign exchange and interest rate risks. They collaborate with internal departments and external stakeholders, including banks and financial institutions, to negotiate favorable terms for loans and credit facilities. Additionally, they monitor and report on the performance of investments and recommend adjustments to optimize returns.
Skills: Treasury Management, Cash Flow Analysis, Risk Management, Investment Strategies, Financial Planning, Liquidity Management
Job industry: Finance
Job industry: Finance
How much does Treasury Manager make?
Salary details
How much does Treasury Manager make?Estimated Yearly Salary: 8,096,042 NGN
Estimated Monthly Salary: 674,670 NGN
Estimated Weekly Salary: 155,693 NGN per week
Estimated Hourly Salary: 3,892 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,821,616 NGNEstimated Monthly Salary: 651,801 NGN
Estimated Weekly Salary: 150,416 NGN per week
Estimated Hourly Salary: 3,760 NGN per hour
Last revision of data: 2024-01-03Treasury Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,663 USD
Estimated Monthly Salary: 805 USD
Estimated Weekly Salary: 186 USD per week
Estimated Hourly Salary: 5 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
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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 Treasury Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Treasury Manager in Nigeria earns on average:
2.05 times the average salary (or 205% 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 Treasury Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Treasury Manager in Nigeria earns on average:
2.05 times the average salary (or 205% of average salary).
Is Treasury Manager a well paid job?
Yes, our data show that Treasury Manager 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 Treasury Manager?
High salary for Treasury Manager would be somewhere between 8,905,646 NGN and 11,739,261 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Treasury Manager 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: 8,096,042 NGN
Estimated Monthly Salary: 674,670 NGN
Estimated Weekly Salary: 155,693 NGN per week
Estimated Hourly Salary: 3,892 NGN per hour
By working as Treasury Manager a person can save up to 600 USD per month or 7,196 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 Treasury Manager
Cameroon is 3,117 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.)
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(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
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10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Lab technician 1 (1,916,642 NGN per year, pre-tax.)
Sr. staff attorney (6,978,928 NGN per year, pre-tax.)
Staff engineer aerospace engineering (8,196,980 NGN per year, pre-tax.)
Purchasing manager (4,890,706 NGN per year, pre-tax.)
Web-press operator (2,878,872 NGN per year, pre-tax.)
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