Data Analyst Salary in Nigeria 2025: Full Details

Data Analyst Salary in Nigeria 2025: Full Details With Complete Breakdown

Overview

Data analysts in Nigeria are in high demand due to the growing importance of data-driven decision-making across industries like finance, technology, healthcare, and retail. Salaries vary based on experience, location, education, industry, and skills. This breakdown provides a comprehensive look at compensation, including base salary, hourly rates, bonuses, and influencing factors.

Average Salary

  • Annual Salary: The average annual salary for a data analyst in Nigeria is approximately 3,792,300 NGN (around USD 2,298 at an exchange rate of 1,650 NGN/USD).
  • Monthly Salary: This translates to an average of 316,025 NGN per month.
  • Salary Range:
    • Lowest Average: 2,015,600 NGN per year (approx. 167,967 NGN per month).
    • Highest Average: 5,771,600 NGN per year (approx. 480,967 NGN per month).
  • Median Salary: 3,564,300 NGN per year (approx. 297,025 NGN per month). 50% of data analysts earn less than this, and 50% earn more.
  • Percentile Breakdown:
    • 25th Percentile: 2,508,300 NGN per year (approx. 209,025 NGN per month). 25% of data analysts earn less than this.
    • 75th Percentile: 4,391,800 NGN per year (approx. 365,983 NGN per month). 75% of data analysts earn less than this.
  • Alternative Estimates:
    • Glassdoor reports an average monthly salary of 230,000 NGN (2,760,000 NGN/year).
    • PayScale reports an average annual salary of 1,362,222 NGN (113,519 NGN/month).
    • Digital Regenesys cites 236,667 NGN per month (2,840,004 NGN/year) as of August 2024.
    • Inquiresalary.com.ng estimates 54,351 NGN per month (652,212 NGN/year), but this is significantly lower than other sources.

Note: Discrepancies in reported salaries are due to differences in sample size, survey methodologies, and whether benefits are included. The higher estimate (3,792,300 NGN/year) is used as the primary reference due to its comprehensive data compilation.

Hourly Wage

  • Average Hourly Rate: Assuming a standard work schedule of 40 hours per week, 5 days a week, and 52 weeks per year (2,080 hours annually), the average hourly wage is approximately 1,823 NGN (USD 1.10).
  • Minimum Hourly Rate: Based on the lowest reported salary (2,015,600 NGN/year), the minimum hourly rate is around 969 NGN (USD 0.59).
  • Calculation Formula: Hourly wage = (Annual salary) ÷ (40 hours × 52 weeks).

Salary Distribution

  • Common Salary Ranges:
    • 65% of data analysts earn between 187,000 NGN and 254,000 NGN per month.
    • 20% earn below 187,000 NGN per month.
    • 10% earn between 254,000 NGN and 284,000 NGN per month.
    • 5% earn above 284,000 NGN per month.
  • Competitive Salary Range: A competitive compensation package typically falls between 285,000 NGN and 323,000 NGN per month.

Salary by Experience Level

  • Entry-Level (0-1 year):
    • Average: 1,400,000 NGN per year (116,667 NGN/month).
    • Range: 800,000 NGN to 1,500,000 NGN per year (66,667–125,000 NGN/month).
  • Early Career (1-4 years):
    • Average: 1,299,885 NGN per year (108,324 NGN/month).
    • Range: 1,235,436 NGN to 2,500,000 NGN per year (102,953–208,333 NGN/month).
  • Mid-Career (5-9 years):
    • Average: 1,500,000 NGN per year (125,000 NGN/month).
    • Range: 2,500,000 NGN to 4,000,000 NGN per year (208,333–333,333 NGN/month).
  • Senior-Level (10+ years):
    • Average: 2,167,000 NGN per year (180,583 NGN/month).
    • Range: 4,000,000 NGN and above per year (333,333 NGN/month and above).
    • Senior data analysts can earn up to 5,771,600 NGN per year (480,967 NGN/month).

Salary by Specific Skills

  • Microsoft Power BI:
    • Average: 1,181,726 NGN per year (98,477 NGN/month).
  • SQL, Python, or R:
    • Analysts proficient in these languages command 10-20% higher salaries than those without.
  • Data Visualization (Tableau, Power BI):
    • Adds 5-10% to base salary due to demand for reporting skills.

Factors Affecting Salary

  1. Experience:
    • Salaries increase significantly with years of experience, as shown above. Senior analysts with 10+ years can earn up to 3x entry-level salaries.
  2. Education:
    • Bachelor’s Degree: Minimum requirement, with starting salaries around 168,000 NGN/month.
    • Master’s Degree: Increases salary by 10%, averaging 5,242,700 NGN/year (436,892 NGN/month).
    • Certifications (e.g., Data Science, Machine Learning) add 5-15% to earnings.
  3. Location:
    • Lagos and Abuja: Higher salaries due to demand and cost of living, averaging 510,000 NGN/month in Lagos.
    • Smaller cities or rural areas: Lower salaries, often 100,000–200,000 NGN/month.
  4. Industry:
    • Banking and Finance: Highest-paying, with salaries up to 500,000 NGN/month.
    • Technology/Fintech: Competitive, averaging 300,000–400,000 NGN/month.
    • Oil and Gas: High-paying, with roles offering 250,000–300,000 NGN/month.
    • Healthcare and Government: Lower, averaging 150,000–250,000 NGN/month.
  5. Company Type:
    • Private Sector: Pays 6% more on average than public sector.
    • Remote/International Companies: Offer significantly higher salaries, ranging from USD 10,000–60,000/year (16,500,000–99,000,000 NGN/year).
  6. Skills:
    • Proficiency in SQL, Python, R, Excel, Power BI, Tableau, SAS, or SPSS increases earning potential.
    • Analytical and communication skills boost salaries by 5-10%.
  7. Gender:
    • Limited data on gender pay gap, but general trends suggest male analysts may earn slightly more due to negotiation or role distribution.

Additional Compensation

  • Bonuses:
    • Performance Bonuses: Common in private companies, ranging from 1-5% of annual salary, typically awarded annually.
    • Additional Pay: Glassdoor estimates 27,083 NGN/month (324,996 NGN/year) in bonuses, commissions, or profit-sharing.
  • Benefits:
    • Housing and Transport: Often included, especially in oil/gas or banking sectors.
    • Health Insurance: Common in established firms.
    • Retirement Plans: Available in public sector and large private companies.
    • Training/Certifications: Employers may sponsor courses in Power BI, SQL, or Python.
  • Vacation:
    • Average 15–20 paid vacation days annually, plus 12 public holidays.
  • Remote Work:
    • Remote roles for international firms can pay USD 30,000–60,000/year (49,500,000–99,000,000 NGN/year), significantly higher than local roles.

Salary Trends

  • Annual Increase: Salaries typically rise by 5% per year in Nigeria.
  • Inflation Impact: With inflation rates exceeding 30% in 2025, real income may decline unless salaries adjust.
  • Demand Growth: Increasing demand for data analysts in fintech, banking, and tech drives salary growth, especially in urban areas.
  • Remote Work Opportunities: Growing access to remote roles with international companies boosts earning potential.

Comparison with Other Countries

  • United States:
    • Average: USD 81,964/year (135,240,600 NGN).
    • Hourly: USD 39.41 (65,027 NGN).
  • United Kingdom:
    • Average: GBP 38,143/year (approx. USD 49,586 or 81,816,900 NGN).
    • Hourly: GBP 18.34 (approx. USD 23.84 or 39,336 NGN).
  • South Africa:
    • Average: ZAR 456,000/year (approx. USD 25,333 or 41,799,450 NGN).
    • Hourly: ZAR 219 (approx. USD 12.17 or 20,081 NGN).
  • India:
    • Average: INR 600,000/year (approx. USD 7,120 or 11,748,000 NGN).
    • Hourly: INR 288 (approx. USD 3.42 or 5,643 NGN).

Challenges

  • Low Salaries Compared Globally: Nigerian data analysts earn significantly less than peers abroad, prompting brain drain.
  • Skill Expectations vs. Pay: Some roles demand advanced skills (e.g., SQL, Python, machine learning) but offer low salaries (e.g., 150,000 NGN/month).
  • Taxation: Salaries are reported as gross (pre-tax). Net salary varies by tax rates and sector.
  • Economic Instability: High inflation erodes purchasing power, impacting real income.

Job Requirements

  • Education: Bachelor’s degree in Mathematics, Statistics, Computer Science, Economics, or related fields. Master’s or certifications (e.g., Power BI, SQL) preferred.
  • Skills:
    • Technical: SQL, Python, R, Excel, Power BI, Tableau, SAS, SPSS.
    • Analytical: Data collection, cleaning, visualization, and interpretation.
    • Soft Skills: Communication, stakeholder management.
  • Experience: Varies by role; entry-level requires 0-1 year, senior roles need 5+ years.
  • Work Hours: Typically 40 hours/week, Monday to Friday, with a 30-minute lunch break. Overtime is rare for salaried roles.
  • Certifications: Microsoft Certified: Data Analyst Associate or similar boosts employability.

Where to Find Jobs

  • Locations: Lagos, Abuja, Port Harcourt, Ibadan, Akure.
  • Employers: Banks (e.g., GTBank), fintechs (e.g., Flutterwave), oil/gas companies, and NGOs.
  • Remote Opportunities: Himalayas (himalayas.app) for international roles.

Sample Job Postings (2025)

  • Data Analyst, Lagos/Akure: Salary 210,000 NGN/month, requires SQL and Power BI skills.
  • Data Analyst, Kadick Integrated Limited, Ajah, Lagos: Salary 200,000–250,000 NGN/month, needs 3+ years’ experience.
  • Remote Data Analyst: Salary USD 30,000–60,000/year (49,500,000–99,000,000 NGN), requires SQL, Python, and 3+ years’ experience.

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