What is working in high level banking/finance like in Nigeria in terms of pay and workload

I’m currently in New York and earn around $500k on average a year as a VP.

I’ve always wondered what someone in my position or higher earns in Nigeria, Nigerians don’t typically like to say but I’ve heard everything from NGN25MM all the way to NGN500MM and billions if you include bonuses.

Both of those numbers seem iffy to me because I can’t imagine a PE or IB firm for example paying $200k for a VP because I don’t even think PE returns or M&A fees in Nigeria would be that fantastic to warrant that but on the other hand paying a person on that level a lot less than around $200k would make them liable to japa.

Also Is there also corruption in the industry that would drive up bonuses a lot? Or is Nigeria salary heavy and not too indulgent on bonuses.

I am also curious about what actually goes on in high finance in Nigeria. In New York we are always busy with IPOs, M&A, ECM/DCM deals

I rarely see any similar transactions happen in Nigeria yet i see professionals in this space on LinkedIn across multiple companies. I was surprised that AFC even has a syndications desk and Citi has a FICC and Corporate Banking team.

The last transaction I remember was Coca Cola acquiring Chi and the recent Tizeti IPO so seeing all this is really interesting.

Is there typically a lot of work? What is the day to day life like at one of these companies.