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How much does an insurance agent make in Nigeria?

₦992,400a year

This is an estimate of the median gross salary. That is ₦82,700 a month. estimate

Equals
$671
Compared with the median pay in Nigeria
1.7 times
Data from
2024

Where Nigeria ranks among 143 countries

1.0 k $2.0 k $5.0 k $10 k $20 k $50 k $100 k $200 k $LuxembourgBarbadosJamaicaNigeria, rank 143

Each line is a country, on a log scale from $100 to $200,000 a year.

What financial and insurance services branch managers earn in Nigeria
Lowest 10%: ₦767,700Median: ₦992,400Highest 10%: ₦1,344,600

In other countries

Median gross salary a year, in dollars.

1. Luxembourg estimate$169,000
2. Switzerland estimate$160,300
3. Italy estimate$135,000
142. Sudan estimate$1,254
143. Nigeria estimate$671
Compare financial and insurance services branch managers in 143 countries

Similar jobs

Managers

Highest paying in Nigeria

Frequently asked questions

How much does an insurance agent make a month in Nigeria?

The median gross salary is ₦82,700 a month, ₦992,400 a year.

How much does an insurance agent make starting out and with experience?

The lowest-paid 10%, usually people starting out, make around ₦767,700 a year; the top 10%, with experience or senior roles, make more than ₦1,344,600.

Which country pays an insurance agent the most?

United States, with a median of $133,500 a year before tax, according to our data.

Does an insurance agent make more in Nigeria or in United States?

In United States: $133,500 a year against $671 in Nigeria, 199.0 times more.

Who makes more, an insurance agent or a childcare centre manager?

An insurance agent: ₦992,400 a year against ₦648,400 for a childcare centre manager, 1.5 times more.

Source: International Labour Organization (ILOSTAT), pay by major occupation group, 2024. How we calculate