The team's goal difference is neutral after winning twice by the same scoreline, while Nigeria has displayed more consistency.
The amount would have risen to R670 000, if Stuart Baxter's men had beaten Nigeria to reach the tournament's semi-finals for the first time since 2000.
Boosted by the talismanic presence of Liverpool winger Sadio Mané, Senegal remain one of the favourites to win the Africa Cup of Nations, despite scraping through the quarter-finals with a 1-0 win over Uganda.
The kick-off time for the match is 8pm.
With a well-deserved victory over the Bafana Bafana of South Africa, President Buhari said he believes like millions of other sports-loving Nigerians, that "the mission of having the trophy in our hands for the fourth time is nearly accomplished for the high flying Eagles".
"It is a big match ( against South Africa), no doubt". They look the most unsafe players for Bafana Bafana going forward and they have been instrumental, especially in the last game.More news: Apple launches $1,099 MacBook Air, gives cheapest MacBook Pro a Touch Bar
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Who will come out on top in the battle of the managers Gernot Rohr or Stuart Baxter?
The Super Eagles are on the back of three wins, scoring five goals in the process and have conceded four goals.
The AFCON 2019 quarter final between Nigeria an South Africa is available in most countries through the rights holders' online platform, if they have one.
Ighalo says the 2-0 group stage loss to outsiders Madagascar was a massive wake-up call that worked in favour of the Super Eagles.
But Troost-Ekong bundled home in the 89th-minute minute after Williams made a hash of a corner to dash South Africa's hopes of progressing and left Nigeria still chasing their dream of a fourth AFCON title.
For most of the South African contingent, that amount is roughly (on average) four times what they would earn in a single month with their respective clubs. They have also missed the last two World Cups. As ever, join me for all the build-up, team news and goals as they go in!
South Africa's shock 1-0 defeat of Egypt was played in front of a capacity 75,000 crowd at Cairo International Stadium, and although a much lower attendance is anticipated at the same venue Wednesday, Baxter doesn't believe that will have an impact on his players.