Average Investor Relations Manager Salary in Nigeria for 2025
In this article, we will look at the average Investor Relations Manager salary for 2025 in Nigeria and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Nigerian naira. To keep things simple, we are using the NGN currency code instead of the currency symbol ₦.
How Much Does an Investor Relations Manager Make in Nigeria?
An Investor Relations Manager working in Nigeria will typically earn around 5,412,700 NGN per year, and this can range from the lowest average salary of about 2,928,100 NGN to the highest average salary of 8,172,900 NGN.
These are average salaries for an Investor Relations Manager in Nigeria and include benefits such as housing and transport. It's also possible for an Investor Relations Manager to earn more or less than the average salaries shown above.
Investor Relations Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Investor Relations Manager Salaries in Nigeria
So we've looked at the average salaries an Investor Relations Manager will earn in Nigeria. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Investor Relations Manager can earn between 2,928,100 NGN and 8,172,900 NGN on average in Nigeria. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for an Investor Relations Manager in Nigeria is 4,981,700 NGN. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 4,981,700 NGN, and 50% of the population earn more than 4,981,700 NGN.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Investor Relations Manager salary in Nigeria, 25% of the population are earning less than 3,553,500 NGN while 75% of the population earn more than 3,553,500 NGN.
75% of the population earn less than 6,048,900 NGN, and 25% of the population earn more than 6,048,900 NGN.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Investor Relations Manager Salary by Experience Level in Nigeria
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Investor Relations Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. An Investor Relations Manager in Nigeria that has less than two years of experience can expect to earn somewhere in the region of 3,395,900 NGN.
- 2 - 5 Years Experience. With two to five years of experience the average Investor Relations Manager salary would increase to 4,282,500 NGN.
- 5 - 10 Years Experience. From five to ten years of experience as an Investor Relations Manager, the average salary would be 5,651,400 NGN.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 6,648,800 NGN.
- 15 - 20 Years Experience. An Investor Relations Manager with 15 to 20 years of experience can earn an average of 7,369,700 NGN.
- 20+ Years Experience. For an Investor Relations Manager with more than 20 years, the expected average salary increases to 7,834,900 NGN.
Average Salary by Experience Chart
| 0-2 Years | - | 3,395,900 NGN |
| 2-5 Years | +26% | 4,282,500 NGN |
| 5-10 Years | +32% | 5,651,400 NGN |
| 10-15 Years | +18% | 6,648,800 NGN |
| 15-20 Years | +11% | 7,369,700 NGN |
| 20+ Years | +6% | 7,834,900 NGN |
Investor Relations Manager Salary by Education Level in Nigeria
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for an Investor Relations Manager in Nigeria based on the education level of the employees in order to find out whether a better education level would increase your salary.
- Certificate or Diploma. An Investor Relations Manager in Nigeria with a certificate or diploma education can earn an average salary of 4,282,500 NGN.
- Bachelor's Degree. An Investor Relations Manager in Nigeria with a bachelor's degree education can earn an average salary of 5,651,400 NGN.
- Master's Degree. An Investor Relations Manager in Nigeria with a master's degree education can earn an average salary of 7,750,400 NGN.
Average Salary by Education Chart
| Certificate or Diploma | - | 4,282,500 NGN |
| Bachelor's Degree | +32% | 5,651,400 NGN |
| Master's Degree | +37% | 7,750,400 NGN |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Nigeria is around 1,690,000 to 5,080,000 NGN and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Investor Relations Manager Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Nigeria, a male investor relations manager will earn an average of 5,614,600 NGN, while a female investor relations manager will earn around 5,123,800 NGN.
This means that a male investor relations manager earns approximately 10% more than a female investor relations manager for performing the same job.
Average Salary by Gender Chart in Nigeria
| Male | - | 5,614,600 NGN |
| Female | -10% | 5,123,800 NGN |
Investor Relations Manager Average Pay Raise in Nigeria
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for an Investor Relations Manager in Nigeria is around 12% every 19 months.
The national average pay raise across all professions and industries in Nigeria is around 8% every 19 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 12 ÷ 19 ) × 12 = 8%
What this means is that an Investor Relations Manager in Nigeria can expect to receive an average pay raise of around 8% every 12 months.
Annual Pay Raise by Industry in Nigeria for 2025
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Nigeria.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 5% |
| Energy | - | 1% |
| Information Technology | - | 6% |
| Healthcare | - | 2% |
| Travel | - | 7% |
| Construction | - | 3% |
| Education | - | 8% |
Investor Relations Manager Bonus and Incentive Rates in Nigeria
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
An Investor Relations Manager is a high bonus based job, with 73% of employees reporting at least one bonus in the last 12 months.
27% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.
| Received Bonus | - | 73% |
| No Bonus | - | 27% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Nigeria earn approximately 6% more than private sector employees in the same role.
| Public Sector | - | 4,162,800 NGN |
| Private Sector | -6% | 3,934,900 NGN |
Salaries for Jobs Similar to an Investor Relations Manager
In the table below, we have salary information for jobs that are similar to an Investor Relations Manager in Nigeria.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 2,110,600 NGN |
| Account Executive | Accounting and Finance | 3,733,300 NGN |
| Accountant | Accounting and Finance | 2,854,700 NGN |
| Accounting Analyst | Accounting and Finance | 3,323,300 NGN |
| Accounting Assistant | Accounting and Finance | 2,146,100 NGN |
| Accounting Associate | Accounting and Finance | 1,955,300 NGN |
| Accounting Clerk | Accounting and Finance | 1,716,600 NGN |
| Accounting Coordinator | Accounting and Finance | 2,533,800 NGN |
| Accounting Head | Accounting and Finance | 5,902,400 NGN |
| Accounting Manager | Accounting and Finance | 6,048,900 NGN |
| Accounting Officer | Accounting and Finance | 2,124,400 NGN |
| Accounting Specialist | Accounting and Finance | 3,733,300 NGN |
| Accounting Supervisor | Accounting and Finance | 3,805,100 NGN |
| Accounting Technician | Accounting and Finance | 2,015,600 NGN |
| Accounting Unit Controller | Accounting and Finance | 4,810,800 NGN |
| Accounts Executive | Accounting and Finance | 3,769,500 NGN |
| Accounts Officer | Accounting and Finance | 2,290,300 NGN |
| Accounts Payable Assistant | Accounting and Finance | 2,207,600 NGN |
| Accounts Payable Associate | Accounting and Finance | 2,617,900 NGN |
| Accounts Payable Clerk | Accounting and Finance | 2,026,800 NGN |
| Accounts Payable Manager | Accounting and Finance | 5,711,000 NGN |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 2,902,500 NGN |
| Accounts Receivable Administrator | Accounting and Finance | 4,270,100 NGN |
| Accounts Receivable Clerk | Accounting and Finance | 2,065,400 NGN |
| Accounts Receivable Financial Analyst | Accounting and Finance | 4,056,200 NGN |
| Accounts Receivable Manager | Accounting and Finance | 5,711,000 NGN |
| Accounts Receivable Team Leader | Accounting and Finance | 4,067,600 NGN |
| Assistant Accountant | Accounting and Finance | 2,207,600 NGN |
| Assistant Accounting Manager | Accounting and Finance | 5,209,200 NGN |
| Assistant Auditor | Accounting and Finance | 2,854,700 NGN |
| Assistant Corporate Controller | Accounting and Finance | 3,659,400 NGN |
| Assistant Finance Manager | Accounting and Finance | 5,784,200 NGN |
| Assistant Financial Controller | Accounting and Finance | 3,817,500 NGN |
| Audit Director | Accounting and Finance | 6,300,400 NGN |
| Audit Supervisor | Accounting and Finance | 5,315,900 NGN |
| Auditing Clerk | Accounting and Finance | 2,290,300 NGN |
| Auditing Manager | Accounting and Finance | 5,651,400 NGN |
| Billing Clerk | Accounting and Finance | 2,230,100 NGN |
| Billing Coordinator | Accounting and Finance | 2,557,100 NGN |
| Billing Specialist | Accounting and Finance | 2,987,000 NGN |
| Billing Supervisor | Accounting and Finance | 4,475,900 NGN |
| Bookkeeper | Accounting and Finance | 1,846,200 NGN |
| Bookkeeping Specialist | Accounting and Finance | 2,748,900 NGN |
| Budget Analyst | Accounting and Finance | 4,633,100 NGN |
| Budget Manager | Accounting and Finance | 5,880,300 NGN |
| Business Support Analyst | Accounting and Finance | 3,229,900 NGN |
| Capital Markets Associate | Accounting and Finance | 4,450,400 NGN |
| Cash Flow Analyst | Accounting and Finance | 4,129,300 NGN |
| Cash Management Manager | Accounting and Finance | 5,724,700 NGN |
| Cash Management Officer | Accounting and Finance | 3,192,300 NGN |
| Cashbook Clerk | Accounting and Finance | 1,990,300 NGN |
| Chartered Accountant | Accounting and Finance | 3,755,300 NGN |
| Chief Accountant | Accounting and Finance | 4,043,600 NGN |
| Collections Clerk | Accounting and Finance | 1,716,600 NGN |
| Collections Representative | Accounting and Finance | 2,543,000 NGN |
| Collections Specialist | Accounting and Finance | 2,976,900 NGN |
| Corporate Controller | Accounting and Finance | 4,414,800 NGN |
| Corporate Treasurer | Accounting and Finance | 5,567,700 NGN |
| Cost Accountant | Accounting and Finance | 2,759,700 NGN |
| Cost Accounting Manager | Accounting and Finance | 5,555,200 NGN |
| Cost Accounting Supervisor | Accounting and Finance | 4,739,800 NGN |
| Cost Analyst | Accounting and Finance | 4,714,900 NGN |
| Credit Controller | Accounting and Finance | 3,912,600 NGN |
| Credit Manager | Accounting and Finance | 5,663,200 NGN |
| Credit and Collection Manager | Accounting and Finance | 5,698,400 NGN |
| Credit and Collection Staff | Accounting and Finance | 2,124,400 NGN |
| Credit and Loans Officer | Accounting and Finance | 2,052,200 NGN |
| Debt Adviser | Accounting and Finance | 4,667,500 NGN |
| Debt Collector | Accounting and Finance | 2,184,900 NGN |
| Debtors Clerk | Accounting and Finance | 1,896,700 NGN |
| Debtors Controller | Accounting and Finance | 2,124,400 NGN |
| Deputy CFO | Accounting and Finance | 7,942,800 NGN |
| Deputy Head of Finance | Accounting and Finance | 8,062,900 NGN |
| Derivative Trader | Accounting and Finance | 4,726,900 NGN |
| Director of Finance | Accounting and Finance | 8,545,000 NGN |
| Economist | Accounting and Finance | 6,514,800 NGN |
| Equity Analyst | Accounting and Finance | 4,895,800 NGN |
| Escrow Assistant | Accounting and Finance | 2,579,200 NGN |
| Executive Accountant | Accounting and Finance | 3,071,100 NGN |
| External Auditor | Accounting and Finance | 4,043,600 NGN |
| Finance Administrator | Accounting and Finance | 3,288,400 NGN |
| Finance Analyst | Accounting and Finance | 5,209,200 NGN |
| Finance Associate | Accounting and Finance | 2,352,500 NGN |
| Finance Director | Accounting and Finance | 8,460,900 NGN |
| Finance Executive | Accounting and Finance | 6,118,800 NGN |
| Finance Licensing Clerk | Accounting and Finance | 2,015,600 NGN |
| Finance Licensing Manager | Accounting and Finance | 5,639,700 NGN |
| Finance Licensing Specialist | Accounting and Finance | 3,071,100 NGN |
| Finance Manager | Accounting and Finance | 7,703,700 NGN |
| Finance Officer | Accounting and Finance | 2,819,600 NGN |
| Finance President | Accounting and Finance | 8,206,100 NGN |
| Finance Relationship Manager | Accounting and Finance | 6,850,500 NGN |
| Finance Release Analyst | Accounting and Finance | 3,217,900 NGN |
| Finance Specialist | Accounting and Finance | 4,822,700 NGN |
| Finance Team Leader | Accounting and Finance | 6,335,800 NGN |
| Financial Accountant | Accounting and Finance | 2,854,700 NGN |
| Financial Actuary | Accounting and Finance | 4,152,200 NGN |
| Financial Administrator | Accounting and Finance | 4,537,100 NGN |
| Financial Advisor | Accounting and Finance | 5,063,200 NGN |
| Financial Analyst | Accounting and Finance | 5,123,800 NGN |
| Financial Applications Specialist | Accounting and Finance | 3,444,200 NGN |
| Financial Assistant | Accounting and Finance | 2,352,500 NGN |
| Financial Associate | Accounting and Finance | 2,221,600 NGN |
| Financial Associate | Accounting and Finance | 2,819,600 NGN |
| Financial Claims Analyst | Accounting and Finance | 3,817,500 NGN |
| Financial Claims Manager | Accounting and Finance | 4,822,700 NGN |
| Financial Claims Supervisor | Accounting and Finance | 4,752,100 NGN |
| Financial Clerk | Accounting and Finance | 2,110,600 NGN |
| Financial Commercial Analyst | Accounting and Finance | 4,224,200 NGN |
| Financial Compliance Analyst | Accounting and Finance | 4,690,500 NGN |
| Financial Consultant | Accounting and Finance | 3,934,900 NGN |
| Financial Controller | Accounting and Finance | 4,450,400 NGN |
| Financial Controller | Accounting and Finance | 4,465,800 NGN |
| Financial Coordinator | Accounting and Finance | 2,617,900 NGN |
| Financial Customer Service Manager | Accounting and Finance | 5,267,700 NGN |
| Financial Dealer and Broker | Accounting and Finance | 3,205,100 NGN |
| Financial Director | Accounting and Finance | 8,425,800 NGN |
| Financial Encoder | Accounting and Finance | 2,435,600 NGN |
| Financial Manager | Accounting and Finance | 7,523,300 NGN |
| Financial Manager | Accounting and Finance | 7,572,700 NGN |
| Financial Operations Manager | Accounting and Finance | 7,150,200 NGN |
| Financial Policy Analyst | Accounting and Finance | 4,345,400 NGN |
| Financial Project Manager | Accounting and Finance | 5,761,400 NGN |
| Financial Quantitative Analyst | Accounting and Finance | 5,029,900 NGN |
| Financial Reporting Consultant | Accounting and Finance | 3,970,700 NGN |
| Financial Reporting Manager | Accounting and Finance | 5,351,400 NGN |
| Financial Section Head | Accounting and Finance | 5,197,600 NGN |
| Financial Services Manager | Accounting and Finance | 7,297,800 NGN |
| Financial Services Sales Agent | Accounting and Finance | 2,964,800 NGN |
| Fixed Assets Administrator | Accounting and Finance | 2,928,100 NGN |
| Forensic Accountant | Accounting and Finance | 3,455,900 NGN |
| Fraud Detection Supervisor | Accounting and Finance | 3,406,900 NGN |
| Fraud Prevention Manager | Accounting and Finance | 5,975,000 NGN |
| Fund Accountant | Accounting and Finance | 2,688,800 NGN |
| Grants Coordinator | Accounting and Finance | 2,015,600 NGN |
| Group Financial Manager | Accounting and Finance | 7,812,200 NGN |
| Internal Auditor | Accounting and Finance | 3,696,900 NGN |
| Internal Control Adviser | Accounting and Finance | 4,355,800 NGN |
| Internal Control Officer | Accounting and Finance | 2,557,100 NGN |
| International Tax Director | Accounting and Finance | 6,635,400 NGN |
| Inventory Accountant | Accounting and Finance | 3,071,100 NGN |
| Investment Advisor | Accounting and Finance | 7,211,600 NGN |
| Investment Analyst | Accounting and Finance | 5,651,400 NGN |
| Investment Associate | Accounting and Finance | 4,558,700 NGN |
| Investment Broker | Accounting and Finance | 4,594,300 NGN |
| Investment Fund Manager | Accounting and Finance | 6,433,500 NGN |
| Investment Operations Manager | Accounting and Finance | 6,480,800 NGN |
| Investment Underwriter | Accounting and Finance | 2,352,500 NGN |
| Investor | Accounting and Finance | 3,635,200 NGN |
| KYC Team Leader | Accounting and Finance | 5,412,700 NGN |
| Loan Processor | Accounting and Finance | 2,314,800 NGN |
| Management Accountant | Accounting and Finance | 3,253,900 NGN |
| Management Economist | Accounting and Finance | 6,274,900 NGN |
| Paymaster | Accounting and Finance | 2,352,500 NGN |
| Payroll Administrator | Accounting and Finance | 3,577,600 NGN |
| Payroll Benefits Coordinator | Accounting and Finance | 3,144,700 NGN |
| Payroll Billing Manager | Accounting and Finance | 4,981,700 NGN |
| Payroll Clerk | Accounting and Finance | 2,508,300 NGN |
| Payroll Manager | Accounting and Finance | 5,038,200 NGN |
| Payroll Officer | Accounting and Finance | 2,519,500 NGN |
| Payroll Specialist | Accounting and Finance | 2,893,600 NGN |
| Payroll Supervisor | Accounting and Finance | 3,718,600 NGN |
| Pensions Administrator | Accounting and Finance | 2,854,700 NGN |
| Personal Financial Advisor | Accounting and Finance | 4,224,200 NGN |
| Pricing Analyst | Accounting and Finance | 4,570,300 NGN |
| Private Equity Analyst | Accounting and Finance | 5,232,400 NGN |
| Project Accountant | Accounting and Finance | 2,976,900 NGN |
| Proposal Development Coordinator | Accounting and Finance | 2,401,300 NGN |
| Receivables Accountant | Accounting and Finance | 2,566,100 NGN |
| Regulatory Accountant | Accounting and Finance | 3,108,200 NGN |
| Retirement Plan Analyst | Accounting and Finance | 4,414,800 NGN |
| Revenue Management Specialist | Accounting and Finance | 4,860,800 NGN |
| Revenue Recognition Analyst | Accounting and Finance | 5,029,900 NGN |
| Risk Management Director | Accounting and Finance | 6,552,400 NGN |
| Risk Management Supervisor | Accounting and Finance | 5,711,000 NGN |
| Staff Accountant | Accounting and Finance | 2,593,900 NGN |
| Tax Accountant | Accounting and Finance | 2,773,700 NGN |
| Tax Administrator | Accounting and Finance | 3,013,500 NGN |
| Tax Advisor | Accounting and Finance | 4,499,000 NGN |
| Tax Analyst | Accounting and Finance | 4,320,200 NGN |
| Tax Associate | Accounting and Finance | 2,389,200 NGN |
| Tax Consultant | Accounting and Finance | 4,309,300 NGN |
| Tax Director | Accounting and Finance | 6,648,800 NGN |
| Tax Examiner | Accounting and Finance | 3,061,300 NGN |
| Tax Manager | Accounting and Finance | 5,651,400 NGN |
| Tax Research Manager | Accounting and Finance | 5,989,600 NGN |
| Teller | Accounting and Finance | 1,678,300 NGN |
| Treasury Accountant | Accounting and Finance | 2,953,200 NGN |
| Treasury Analyst | Accounting and Finance | 4,870,300 NGN |
| Underwriter | Accounting and Finance | 1,955,300 NGN |
| Underwriting Assistant | Accounting and Finance | 1,942,700 NGN |
| Vice President of Finance | Accounting and Finance | 7,583,100 NGN |
Salary Comparison by City
If you want to compare salaries with different cities in Nigeria, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Benin City | 4,870,300 NGN |
| Ibadan | 5,471,700 NGN |
| Kaduna | 5,412,700 NGN |
| Kano | 5,989,600 NGN |
| Lagos | 5,952,700 NGN |
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