Accountant salary in Nigeria

Gross annual earnings — 2025 · Africa · Source: ILO / Life Indexed estimate

Average salary NGN 13,572,000 per year (2025)
Minimum NGN 8,821,800 per year
Maximum NGN 19,679,400 per year
Monthly (est.) NGN 1,131,000 per month
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Accountant salary in Nigeria over time

Accountant salary — Africa comparison

How Nigeria compares to other Africa countries

Country Average salary (2025) vs Nigeria
Nigeria NGN 13,572,000/yr
Tanzania TZS 18,869,800/yr local currency
Kenya KES 1,460,200/yr local currency
Egypt EGP 599,000/yr local currency
South Africa ZAR 351,900/yr local currency
Ethiopia ETB 349,400/yr local currency
Ghana GHS 171,600/yr local currency
Morocco MAD 159,100/yr local currency

Accountant salary worldwide

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Frequently asked questions about Accountant salaries in Nigeria

What is the average Accountant salary in Nigeria in 2025?

The average accountant salary in Nigeria in 2025 is NGN 13,572,000 per year (NGN 1,131,000 per month, or NGN 261,000 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

What is the salary range for a Accountant in Nigeria?

Accountants in Nigeria earn between NGN 8,821,800 and NGN 19,679,400 per year in 2025. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

How much does a Accountant earn per month in Nigeria?

A accountant in Nigeria earns approximately NGN 1,131,000 per month (gross) in 2025, based on an annual average of NGN 13,572,000. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Nigeria.

What is the entry-level Accountant salary in Nigeria?

Entry-level accountants in Nigeria typically earn between NGN 8,821,800 and NGN 11,536,200 per year in 2025. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Is the Accountant salary in Nigeria increasing?

Yes. Based on available data, Accountant salaries in Nigeria have grown by approximately 41% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Is NGN 13,572,000 a good salary for a Accountant in Nigeria?

Whether NGN 13,572,000 per year is a good accountant salary in Nigeria depends on cost of living, location, and career stage. This figure represents the 2025 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

How does the Accountant salary in Nigeria compare to other Africa countries?

Nigeria's accountant salary of NGN 13,572,000/yr (among comparable economies) is higher than 6 countries and lower than 1 country in the Africa region as of 2025. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.