Sliema Wanderers Eguavoen began his coaching career in
Malta with
Sliema Wanderers, he was given the job as
player-coach for the
1999–2000 season, but lasted in that role for only few months. He kept playing for Sliema in the
2000–01 season.
Nigeria Eguavoen was appointed the caretaker coach of the
Nigeria national team in June 2005 with his coaching staff including
Samson Siasia,
Daniel Amokachi and
Ike Shorunmu. He managed the
Nigeria national team at the
2006 Africa Cup of Nations in Egypt, where the team won a bronze medal, beating Senegal in the third-place play-off. He was sacked in April 2006.
Black Leopards Eguavoen then moved to South Africa, to take over
Premier Soccer League side
Black Leopards in March 2008.
Enyimba International In the 2008–09 season, Eguavoen was head coach at
Enyimba International in Aba, however he left soon after, leading them to a 3rd-place finish in league and winning the
Federation Cup.
Return to Nigeria In June 2010, the Nigeria Football Federation asked Eguavoen to replace Swedish
Lars Lagerbäck until he decide his future plans. He was brought in as caretaker manager but said that he has no intention of submitting an application to take the role on a permanent basis. Eguavoen was also appointed as the head coach of the
Nigeria national under-23 football team in August 2010. He expected his team would have a qualification for the 2012 London Olympic Games, but they were knocked out in the group stage. On 5 December 2011, he resigned from his job following the failure to secure the Olympics ticket. On 27 October 2012, he was named manager of
Sharks F.C. to allow
John Obuh to concentrate on the Nigeria Under-20 team. He resigned however after seven games when the team started at the bottom of the table. He signed in April 2013 to coach
Nigeria National League side COD United. In November 2013, he was hired by the Edo State government to coach Bendel Insurance with the intent of getting them back to the Premier League. He resigned in July 2014 to take over
Gombe United F.C. In April 2017, he joined
Sunshine Stars. but was let go in June after a home loss to league leaders
Plateau United. In October 2020, the Nigerian Football Federation, appointed Eguavoen as the Technical Director of the Federation. On 12 December 2021, Eguavoen was appointed manager of Nigeria on an interim basis for the
2021 Africa Cup of Nations, following the departure of
Gernot Rohr. After Nigeria exited from the round of sixteen with an agonising defeat to
Tunisia, he returned to his position as the Technical Director of the side. ==Honours==