▼4%
₦4,972,106
Avg. Base Salary (NGN)
/ year
Avg. Base Salary (NGN)
10%
NGN 206k
MEDIAN
NGN 5m
90%
NGN 46m
The average salary for a Chief Financial Officer (CFO) is ₦4,972,106 in 2025
Base Salary
₦206k - ₦46m
Bonus
₦75k - ₦17m
Profit Sharing
₦177k - ₦6m
Total Pay
₦190k - ₦60m
Is Average Chief Financial Officer (CFO) with Financial Reporting Skills Salary in Nigeria your job title? Find out what you should be paid
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What is the Pay by Experience Level for Chief Financial Officer (CFO)s?
▼16%
What Do Chief Financial Officer (CFO)s Do?
Find your market worth – how it works:
Common Health Benefits for a Chief Financial Officer (CFO)
Medical
100%
Dental
20%
Vision
20%
Gender Breakdown for Chief Financial Officer (CFO)s
Male
63.6%
Female
36.4%
This data is based on 11 survey responses. Learn more about the gender pay gap.
FAQs About Chief Financial Officer (CFO)s
What is the highest pay for Chief Financial Officer (CFO)s in Lagos?
Our data indicates that the highest pay for a Chief Financial Officer (CFO) in Lagos is NGN 46m / year
What is the lowest pay for Chief Financial Officer (CFO)s in Lagos?
Our data indicates that the lowest pay for a Chief Financial Officer (CFO) in Lagos is NGN 206k / year
How can Chief Financial Officer (CFO)s increase their salary?
Increasing your pay as a Chief Financial Officer (CFO) is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Chief Financial Officer (CFO) that oversees more junior Chief Financial Officer (CFO)s, this experience can increase the likelihood to earn more.