Senior Product Manager Salary in Lagos Island, Lagos

Lagos Island is a financial district with high-end real estate and major corporate offices. Product managers on Lagos Island work for multinational banks, consulting firms, and contend with a high cost of living.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

₦9,000,000 to ₦13,500,000

Average (per year)

₦11,250,000

Entry-level product managers on Lagos Island join financial and tech firms, with starting pay aligned with the local market.

Mid-level (3-5 years)

Salary range (per year)

₦14,500,000 to ₦19,500,000

Average (per year)

₦17,000,000

Mid-level managers on Lagos Island receive salaries shaped by corporate headquarters and international companies.

Senior (6-9 years)

Salary range (per year)

₦20,000,000 to ₦27,500,000

Average (per year)

₦23,750,000

Senior professionals on Lagos Island operate within a dense employer market.

Principal/Lead (10+ years)

Salary range (per year)

₦29,000,000+

Principal product managers on Lagos Island earn compensation reflecting the presence of multinational banks and large insurance firms.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

₦7500 - ₦10500

per hour

Mid-level

₦11000 - ₦16500

per hour

Senior

₦17500 - ₦27000

per hour