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Average Chief Executive Officer (CEO) Salary in Nigeria

Annual Base Salary - ₦12,647,857.00/year

The average annual salary of Chief Executive Officer (CEO) is ₦12,647,857.00

₦366,450.00
Low
₦12,647,857.00
Average
₦63,130,000.00
High

The starting salary of Chief Executive Officer (CEO) is between ₦311,483.00 and ₦366,450.00 whereas the maximum salary range is between ₦63,130,000.00 and ₦72,599,500.00.

Minimum Annual PayMaximum Annual Pay
₦311,483.00₦72,599,500.00
Average Hourly Pay - ₦5,200.00/hour

The average hourly pay of Chief Executive Officer (CEO) is ₦5,200.00.

₦1,070.00
Low
₦5,200.00
Average
₦287,100.00
High

The starting hourly rate is between ₦910.00 and ₦1,070.00 for Chief Executive Officer (CEO) whereas the maximum hourly wage is between ₦287,100.00 and ₦330,165.00.

Minimum Hourly PayMaximum Hourly Pay
₦910.00₦330,165.00
Bonus Range: Tooltip
₦210,790.00 - ₦21,800,000.00
₦210,790.00
₦72,599,500.00
Commission: Tooltip
₦0.00 - ₦735,000.00
₦0.00
₦72,599,500.00
Profit Sharing: Tooltip
₦21,400.00 - ₦43,870,000.00
₦21,400.00
₦72,599,500.00
  • Currency : NGN
  • Annual Salary : ₦12,647,857.00
  • Hourly Pay : ₦5,200.00
  • Weekly Pay : ₦225,211.00
  • Fortnightly Salary : ₦450,422.00
  • Monthly Salary : ₦975,915.00

Chief Executive Officer (CEO) Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Chief Executive Officer (CEO). As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Chief Executive Officer (CEO) compared to female. Their involvement is 82% while of female is only 18%.

Salary Distribution Based on Years of Experience

The line graph shows Chief Executive Officer (CEO) salary in Nigeria on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Chief Executive Officer (CEO) having experience between 1-4 years, their salary is around ₦2,958,300.00.

Once the experience reaches 5-9 years Chief Executive Officer (CEO) salary would increase again to a total of ₦3,223,011.26, adding ₦264,711.26 from the last salary increase.

After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of ₦23,069,500.00.

And finally, once the Chief Executive Officer (CEO) gains 20 years of experience or more, their salary would reach ₦32,370,000.00.

Prominent Skills Affecting Chief Executive Officer (CEO) Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Chief Executive Officer (CEO)'s salary. It clearly highlights the skills needed for a post of Chief Executive Officer (CEO) when hired by an employer.

The most vital skill expected of Chief Executive Officer (CEO) is Team Leadership which impacts the most than the rest of the skills indicated with a staggering 98% comparatively. Therefore, one’s salary would greatly depend on their skills in Team Leadership.

The skill least likely to affect one’s pay would be Leadership with 4%. It can be said that Leadership skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Chief Executive Officer (CEO). Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₦2,656,050.00 whereas the highest earning is ₦33,769,778.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of ₦33,769,778.00 at 167%. So to summerize, Early Career earns 79% less than the average salary, Mid Carrer earns 78% less than the average salary, Late Career earns 92% more than the average salary, Experienced earns 167% more than the average salary.

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