Data Analyst Salary in Nigeria- Annual & Monthly Salary Insights!

The role of a data analyst in Nigeria is experiencing a significant rise due to the increasing importance of data in business decision-making. Data analysts play an essential role in interpreting data trends, generating insights, and making data-driven recommendations in various sectors, such as finance, healthcare, technology, and retail. With the increase in data utilisation, the demand for skilled data analysts has grown, leading to competitive salaries and promising career prospects. According to “Glassdoor” the average per month data analyst salary in Nigeria is around ₦ 2,36,667 as of August 2024.

Read the article to learn more about data analyst salary in Nigeria, designation-wise salary variation and more.

Per Month Data Analyst Salary in Nigeria

According to “Glassdoor”, the data analyst’s monthly salary in Nigeria is ₦ 2,36,667 as of August 2024. However, it varies widely based on experience, education, industry, and location. Entry-level data analysts earn competitive starting salaries. At the same time, those with more experience and specialised skills, such as proficiency in advanced analytical tools and programming languages, receive higher compensation. The industry also plays a significant role, with sectors like finance, technology, and healthcare often offering more attractive salary packages. Additionally, urban centres and commercial hubs like Lagos offer higher salaries than other regions due to the concentration of multinational companies and tech startups.

Salary of a Data Analyst: Experience Wise in Nigeria

The designations provide insights into how salary varies for different roles within the field. Different levels of experience and job roles significantly influence earnings in this field. According to the “Payscale” report as of August 2024, we have given a table comprising the experience-wise salary of data analysts in Nigeria. 

How to Become a Data Analyst in Nigeria? 

Finding the exact steps to become a data analyst in Nigeria might be challenging. Therefore, we have outlined a few essential steps in this blog to help you prepare for this rewarding career. Read on to learn how to become a successful data analyst in Nigeria. 

• Understand the Role of a Data Analyst: Before preparing for the data analyst position, it is essential to understand what a data analyst does. A data analyst collects, processes, and performs statistical analyses on large datasets to help organisations make informed decisions.
• Develop Proficiency in Python, SQL, and R: To become a data analyst, develop specific skills. These include proficiency in programming languages such as Python, SQL, and R. You should also be adept at using data visualisation tools like Tableau and Power BI and understand statistical methods and data analysis techniques well.
• Gain Hands-on Experience: This can be done through internships, freelancing, or competitions.
• Pursue Formal Education: Enroling in data analytics courses or boot camps is beneficial. These programmes provide structured learning environments that cover all the basics and ensure you gain hands-on experience. You can also enrol in the Digital Regenesys Data Science course to gain hands-on experience and practical knowledge in data analysis.
• Build a Professional Portfolio: Showcase your work publicly, for example, by posting your project code on platforms like GitHub. This helps demonstrate your skills to potential employers and begins your professional portfolio.
• Network with Professionals: Join online and offline data science and analytics communities. Networking with professionals can provide valuable insights, mentorship, and job opportunities.
• Stay Updated with Industry Trends: Continuously update your knowledge by subscribing to newsletters, attending webinars, and following industry blogs.
• Apply for Jobs: After acquiring the necessary skills and experience, apply for data analyst positions. Tailor your resume and cover letter to highlight your relevant experience and skills, and prepare for interviews by practising common data analysis interview questions.

Skills Required to Become a Data Analyst in Nigeria

You need to be proficient in certain skills to excel as a Data Analyst in Nigeria. A strong foundation in specific knowledge areas, like SAS, SPSS, etc., is also essential to succeeding in this field. Here, we have outlined all the skills you need to become a successful Data Analyst in Nigeria.:

• Analytical Skills: Ability to analyse complex datasets to draw meaningful insights. This includes understanding patterns, trends and making data-driven decisions.
• Technical Skills: Proficiency in using Excel/Google Sheets for data organisation, analysis, and visualisation. Knowledge of Python or R for data manipulation and analysis. Familiarity with tools like SAS, SPSS, or Stata for advanced statistical analysis.
• Data Collection and Cleaning: Skills in gathering data through various methods (surveys, web scraping, APIs) and cleaning it by handling missing values, removing duplicates, and resolving inconsistencies.
• Exploratory Data Analysis (EDA): Ability to summarise data using descriptive statistics, visualise data with tools like Matplotlib, Seaborn, or ggplot2, and identify trends and anomalies.
• Data Modeling and Statistical Inference: Knowledge of hypothesis testing, regression analysis (linear and multiple), and time series analysis.
• Machine Learning: Understanding basic algorithms and concepts in machine learning, including linear regression, decision trees, and clustering.
• Data Visualisation and Reporting: Skills in creating compelling visualisations and reports using tools like Tableau, Power BI, or Jupyter Notebooks and effectively communicating insights through data storytelling.

In conclusion, data analysts have a diverse career path in Nigeria. They offer competitive salaries and different benefits. To enter this field, you must build a strong educational background and gain practical experience. Digital Regenesys offers live classes, industry-expert faculty, internationally recognised certificates, career counselling and more. This online learning platform will enhance your skills, help you gain practical knowledge and give you industry best practices from experienced professionals.

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