How much does a loan officer make in Nigeria?
This is an estimate of the median gross salary. That is ₦85,230 a month. estimate
- Equals
- $692
- Compared with the median pay in Nigeria
- 1.7 times
- Data from
- 2024
Where Nigeria ranks among 143 countries
Each line is a country, on a log scale from $100 to $100,000 a year.
In other countries
Median gross salary a year, in dollars.
| 1. Switzerland estimate | $95,560 |
| 2. Germany | $89,510 |
| 3. Iceland estimate | $77,650 |
| 141. Gambia estimate | $1,077 |
| 142. Nigeria estimate | $692 |
| 143. Malawi estimate | $415 |
Similar jobs
Technicians and associate professionals
- Finance adviser₦1,234,900
- Accounts clerk₦896,400
- Statistician₦1,099,900
- Loss adjuster₦1,065,300
- Insurance seller₦1,036,100
- Sales representative₦1,055,800
- Buyer₦969,700
- Commodity trader₦1,128,000
Frequently asked questions
How much does a loan officer make a month in Nigeria?
The median gross salary is ₦85,230 a month, ₦1,022,800 a year.
How much does a loan officer make starting out and with experience?
The lowest-paid 10%, usually people starting out, make around ₦792,400 a year; the top 10%, with experience or senior roles, make more than ₦1,340,900.
Which country pays a loan officer the most?
Germany, with a median of $89,510 a year before tax, according to our data.
Does a loan officer make more in Nigeria or in United States?
In United States: $74,440 a year against $692 in Nigeria, 107.6 times more.
Who makes more, a loan officer or a finance adviser?
A finance adviser: ₦1,234,900 a year against ₦1,022,800 for a loan officer, 1.2 times more.
Source: International Labour Organization (ILOSTAT), pay by major occupation group, 2024. How we calculate