Home > Salary > Nigeria > Wholesaler Financial Services
The occupation of a wholesaler in financial services involves acting as an intermediary between financial institutions and retail advisors. Wholesalers are responsible for promoting and distributing various financial products, such as mutual funds, insurance policies, and retirement plans, to the advisors who work directly with individual investors. They provide training and support to advisors, helping them understand the features and benefits of different financial products and guiding them in selecting the most suitable options for their clients. Wholesalers also build and maintain relationships with financial advisors, offering ongoing assistance and addressing any concerns or questions they may have. This occupation requires strong communication and sales skills, as well as a deep understanding of financial markets and products.
Estimated Yearly Salary: 6,478,176 NGN
Estimated Monthly Salary: 539,848 NGN
Estimated Weekly Salary: 124,580 NGN per week
Estimated Hourly Salary: 3,115 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 522,988 NGN
Estimated Weekly Salary: 120,689 NGN per week
Estimated Hourly Salary: 3,017 NGN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,740 USD
Estimated Monthly Salary: 645 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 6,478,176 NGN
Estimated Monthly Salary: 539,848 NGN
Estimated Weekly Salary: 124,580 NGN per week
Estimated Hourly Salary: 3,115 NGN per hour
By working as Wholesaler Financial Services a person can save up to 439 USD per month or 5,273 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 Wholesaler Financial Services
Last revision of data: 2025-01-04
Data as of 2025
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Wholesaler Financial Services salary in Nigeria
Average Yearly Salary of Wholesaler Financial Services in Nigeria is approximately 6,478,176 NGN (7,740 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 Wholesaler Financial Services do?
The occupation of a wholesaler in financial services involves acting as an intermediary between financial institutions and retail advisors. Wholesalers are responsible for promoting and distributing various financial products, such as mutual funds, insurance policies, and retirement plans, to the advisors who work directly with individual investors. They provide training and support to advisors, helping them understand the features and benefits of different financial products and guiding them in selecting the most suitable options for their clients. Wholesalers also build and maintain relationships with financial advisors, offering ongoing assistance and addressing any concerns or questions they may have. This occupation requires strong communication and sales skills, as well as a deep understanding of financial markets and products.
Skills: Wholesaler, Financial services, Intermediary, Distribution, Sales, Financial products
Job industry: Finance
Job industry: Finance
How much does Wholesaler Financial Services make?
Salary details
How much does Wholesaler Financial Services make?Estimated Yearly Salary: 6,478,176 NGN
Estimated Monthly Salary: 539,848 NGN
Estimated Weekly Salary: 124,580 NGN per week
Estimated Hourly Salary: 3,115 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,275,852 NGNEstimated Monthly Salary: 522,988 NGN
Estimated Weekly Salary: 120,689 NGN per week
Estimated Hourly Salary: 3,017 NGN per hour
Last revision of data: 2024-01-03Wholesaler Financial Services estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,740 USD
Estimated Monthly Salary: 645 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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 Wholesaler Financial Services job salary compared to average salary in Nigeria.
Comparison shows that a person working as Wholesaler Financial Services in Nigeria earns on average:
1.64 times the average salary (or 164% 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 Wholesaler Financial Services job salary compared to average salary in Nigeria.
Comparison shows that a person working as Wholesaler Financial Services in Nigeria earns on average:
1.64 times the average salary (or 164% of average salary).
Is Wholesaler Financial Services a well paid job?
Yes, our data shows that Wholesaler Financial Services 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 Wholesaler Financial Services?
High salary for Wholesaler Financial Services would be somewhere between 7,125,994 NGN and 9,393,355 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Wholesaler Financial Services 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: 6,478,176 NGN
Estimated Monthly Salary: 539,848 NGN
Estimated Weekly Salary: 124,580 NGN per week
Estimated Hourly Salary: 3,115 NGN per hour
By working as Wholesaler Financial Services a person can save up to 439 USD per month or 5,273 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 Wholesaler Financial Services
Cameroon is 2,511 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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4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
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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:
Tax compliance consultant (4,141,064 NGN per year, pre-tax.)
Dispatch supervisor (3,334,149 NGN per year, pre-tax.)
Electrical automation engineer (5,018,389 NGN per year, pre-tax.)
Bi administrator (5,519,731 NGN per year, pre-tax.)
Electrical materials handler specialist (1,776,979 NGN per year, pre-tax.)
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