Have you ever been inspired by the success story of online marketers, freelancers, and internet experts and want an insight into the various ways they are making money online in Nigeria?
As addicted as the internet can be, there are actually people who are investing their time and resources in more profitable activities instead of making the internet all about some random social interactions, online games, seeing some unruly stuff, or other related activities.
The coolest thing about the internet is that there are still several businesses one can still indulge in and it does not matter if you are working full time with any company in Nigeria, work at home mother, unemployed, a student or you are just someone who wants to open multiple streams of income.
Opening multiple streams of income is actually a smart thing to do, one that collides with the popular idiom, “Don’t put all your eggs in one basket”. In other words, you do not want to risk all on the success of just one business.
The best part of it is that you make money online from anywhere and you do not need to be loyal to a particular client. You are your own boss and could decide to work as it suits you. Being an online business, you can be in Nigeria and have your products or services delivered to anyone from around the world including 1st tier countries like the USA, Canada, United Kingdom, and more.
Okay, here we go with the best way to earn money online in Nigeria.
HOW CAN I MAKE MONEY ONLINE IN NIGERIA?
1. Content Writing Jobs
If you have a flair for writing, content writing jobs could provide you the quickest ways to make money online in Nigeria.
Freelancing writing job is one of the easiest online jobs one can get if you know the right place to search and also good at what you do. Bloggers and website owners are always on the look for the best content writers around in Nigeria, but unfortunately, not much around.
As a result, most of them are only limited to few hands despite the several articles that are yet to be treated, but if you have got a great writing skill, then you could be earning between N2000 to N5000 daily depending on the job description.
Also, you can also offer your service to international clients using platforms like Fiverr, Freelancer, Upwork, etc. The truth is they pay better than most Nigerian bloggers and website owners, but they will need you to be really good at Content Writing.
2. Own A Blog
By running a blog in Nigeria, you have opened a channel where money can come in from time to time. There are various ways one can choose to monetize a blog, but the most popular one is through Google Adsense.
Google Adsense is not that complicated to understand – advertisementst are shown on your blog, when a user clicks on the ads, Google pays you. Sometimes, it may be per impression depending on the type of campaign that was created.
Google ads is the best ad network out there and we have bloggers making from $70 to $3000 monthly depending on the authority and traffic of the site. It is one of the online works one can choose to do at home and still earn good money in Nigeria.
3. Start A Vlog
Vlog means a video blog, it also provides you with a way to make money in Nigeria. Vlog is more like owning a blog except that you make a video that your audience can watch.
If you have ever watched a video on youtube, then you should have an idea of what a vlog is. The first step to starting a vlog is to go into a niche you are confident about. If you are an insurance student or graduate, chances are that the insurance niche will work out well for you since you will have a lot to discuss.
If done right, it can earn you up to 7 figures just like blogging, although that depends on the audience. Both blogging and Vlogging have almost the same stance, the more traffic you have, the more money you get to make.
A vlog can also be monetized with Google Adsense. To earn money on Youtube as a Vlogger, the viewers must click on your ads. The ads show before your viewer can have access to your Vlog. Although successes are not achieved overnight, if you are patient and put in the right work, it is just a matter of time before you become one of the successful YouTubers in Nigeria.
4. Affiliate Marketing
Affiliate Marketing is not dead in Nigeria and people are still making cool cash from it. There are several multinationals and small companies one can arrange with.
All they need is people to patronize them, and if you have got a blog with lots of traffic or even have a large presence on social media, you can be earning money regularly from wherever you are.
Betting companies like 1xbet, Bet9ja, and Nairabet also need marketers and in return, they earn money. Nigeria telecoms, Jumia, and Konga are not also not left out. Just find the ones that you feel you can handle and start making money.
5. List Properties Online For a Commission
If you look well enough in your neighbourhood, you are going to find some properties that have been put up for sale or rent, you can have a talk with the owners. Alternatively, you can also negotiate with real estate companies – as a middleman, you can have a claim to some percentages of the total sale or rent.
To turn it for better, you can put up an ad on your social media page, blog if you own one, or on property listing sites like tolet, property pro and private property. If you are using classified ad sites, otherwise known as ad posting sites, you will need to register and then upload the properties information and prices.
6. Offer Professional Advice Online For A Fee
If you have been into a field or know exactly how it works, you can earn a lot of money online in Nigeria as an online consultant.
People are always looking for people with the experience to guide them through a project. The project may involve starting a new school, setting up a gas station, legal advice, procurement and setting of hospital equipment, etc. Consultants can also offer expertise and advice to multinationals and small companies to help them improve their overall goals.
If you are good at what you do, then you should consider creating a facebook page. However, having a blog could also help accelerate your project especially when the internet has now become a hub for information.
7. Sell Your Skills Online
Depending on your set of skills, you can make a lot of money in Nigeria online. In other words, most IT skills in Nigeria can be rendered online. Skills like graphic designs, contenr writing, web designing, SEO, digital marketing, etc can all be monetized online. Service, delivery, and payment can all be met online.
Meanwhile, not all skills can be monetized online, for instance, if you are a hairdresser or stylist, there will still be a need to meet with customers in a physical location. However, one can still use the internet to meet potential customers.
8. Offer Transcription Service
Professionals like lawyers, Medical and Healthcare Providers, Audio and Video Podcasters, Authors, Publicity Coaches, and Entrepreneurs sometimes need transcription service since they are too busy to convert audio or video into written texts.
If you have good listening skills and experience, this is a job that you can be earning good bucks from. Transcription service is experiencing massive growth in most developed countries and gradually in Nigeria, you can take advantage of this and start establishing yourself as a transcriber.
Most earlier internet marketers and bloggers turned out to be a success because they were willing to pay the price while everyone shied away. You can become a successful transcriber also in Nigeria, however, you will need to be massive online since it is literally where most people spend most of their day.
To get some transcription jobs, you can visit SpeedPad or TranscribeMe.
9. Become an Online Translator
Offering translation service is one of the quickest and legit ways people are making money in Nigeria, although not yet popular, the few people who actually studied or know some language(s) know how much they make regularly.
If you live in Nigeria and know some local or foreign languages which can be very difficult for most people, you can have a chat with publishers who want their works produced in other languages.
In Nigeria, there are several people who speak their language fluently, yet are unable to write it down. This gives an opportunity to make money from anywhere. Also, if you know some foreign languages like Spanish, Korean, or English, you can also make money from time to time.
If you have issues with some languages, you can make use of language learning apps found on store to improve you.
10. Trading Cryptocurrency.
Ask me if trading in cryptocurrencies could be a good online investment or not? My answer would be it depends on how much you know about Cryptos. Although Cryptocurrency is illiquid, it is also susceptible to fall and rise common to all currencies.
If you are familiar with demand and supply, then you should have a brisk idea of how Cryptos work, although there are other factors that may likely influence the rise and fall of Cryptocurrencies.
However, demand and supply both share a deep relationship, these two tend to work together to determine the actual price a Cryptocurrency will be sold. When demand for Cryptocurrency increases, the price increases, and when demand falls, the price falls. If there are only a few Cryptocurrencies in circulation, there would be a need to create new ones at a predictable and decreasing rate, and demand will follow the inflation level to keep the price stable.
To make good cash from trading cryptocurrencies, you must know when to buy and when to sell.
11. Start Dropshipping
If you ever need a great business idea in Nigeria, one that is also totally online without you doing much, Dropshipping is one of the best deals out there. The deal is to sell products to buyers without actually owning the goods or even have them stocked elsewhere.
Many businesses need their goods to be sold as soon as possible, therefore finding items should not be that difficult. Nevertheless, you might want to work with a niche you are most familiar with and also have a great understanding of the suppliers so that they will process it as soon as possible. Studies have shown that most buyers hate waiting for long, and the key to keep them is to not just give them a satisfactory delivery, but also done in a jiffy.
Dropshipping needs an eCommerce store to work, you will need to create one.
How does dropshipping even work?
Customers order from your site at slightly higher prices, your order from the supplier’s website and they have it shipped directly to the customer.
12. Start An Online Store
If you have something you are good at and looking for a way to make greater sales, you should build your online store. The word online store is otherwise known as an eCommerce store, which is very easy to build but non-techy individuals may think otherwise.
If you are already a WordPress developer, the ride should be smooth since you have already been exposed to the basics.
Popular eCommerce stores in Nigeria like Jumia, Payporte, and Konga are making a lot of money every day, you also can find a product to sell. For starter, you might need to go into less competitive products since the chance of beating the already established online store is minimal. As your brand grows, you can introduce more products.
13. Earn Money Online By Completing Tasks
If you have no skill or just looking for an additional source of income, there are a great list of websites that reward members for completing activities. I have used several of them but not many can be compared with Inboxdollars. Add Swagbucks to it but InboxDollar gets the nod for me.
Although, I can’t promise you will earn enough money, but I can promise you will earn to take care of small expenses. Imagine how much you could make with just a few minutes on these sites, instead of playing games all day long.
All you need to do on the site is to take surveys, play games, complete offers, and more. With all these actions, comes a little something for your effort.
The minimum amount you can withdraw is $30 and you are allowed to withdraw to your PayPal if you own one. Other payment options are also available, they include check, visa, or ecards.
14. Buying/Sales Of Domains And Website For A Profit
As a Nigerian, you have a great list of online businesses that you can do without investing much of your time on. There are people that are eager to start their own blog but do not have the patience to build their own website, so they will be needing a website they can purchase.
Domain flipping is also another business you can make money from, it involves you buying a domain at a lower price, then sell later at a higher price.
If you want to make good cash from this online business, always try to get either a good domain name or one with lots of traffic if it is a complete website. This is the only way you will be able to negotiate better when trying to sell to potential customers. You can sell your domains on Namecheap marketplace, domain.com, flippa, and Sedo.
For websites, you can have them sold on WebsiteBroker.com, SiteIndeed.com, Sedo, and BuySellWebsite.com.
15. Selling your photos Online
I have seen people taking a great picture, then I wonder why they only upload them for just Social Media Likes when they can actually make good money from it.
There is nothing wrong with having some tantalizing pictures on your social platforms, but the internet provides us with several channels where money can be made. You can create your own space online and start making good money.
Still, if you have no time to do that, Sell your photos through Foap Market at Foap.com. every time a photo or your image is used, you get 50% of the commission. Alternatively, you can use Dreamstime and earn cash for doing what you love doing. They both have their apps on Google Play Store and Apple Store.
16. Teach Online And Earn Money
Students and undergraduates are always in need of teachers or instructors who can help them with their studies. If you are good at a particular subject, you can make some good money online.
To get students, you can search for school Facebook groups, and make a post, offering to teach students for a price. To make it easier for students and undergraduates to reach out to you, you can simply use Online Tutoring Sites for Teachers, among them are Teacheron.com, Tutorvista.com, Chegg.com, Myprivatetutor.com, and Tutorhub.com
All you just need is to sign up on any of these websites, build a strong profile, and set your rate. If you are good, there is no way you will not be making $10 or more per hour depending on the tutoring site you use.
17. Offer Feedback On Websites And Apps
There are several brands who need your opinions to make their products better, you can make money from them if you are in Nigeria.
For people who are looking for how to get started, you can apply at usertesting.com, complete a practice test and if approved, you earn $10 for every 20-minute test you complete and even more for interviews.
Payments are made to your PayPal account, therefore you need to own one that can receive funds.
Aside from that, you can also help customers make a decision on their next purchase on Capterra or TrustRadius by providing valuable tips concerning products. In return, you can make up to $10 per review.
18. Publish Books Online
If you are an author or a writer, you can make good money in Nigeria by publishing your books online. Sites like Okadabooks.com and Publiseer.com provide you a platform to make money from your content.
On these sites, you can publish almost any book except adult materials. Notwithstanding, an appropriate adult content would still be accepted but must be marked by the author so it can serve as warnings to users before they make a purchase or download the book.
However, online publishing sites have their own unique way of doing business. On okadabooks, Publishing Books is free, but Okadabooks will take 30% of each sale you make on their platform. For instance, if you make a total sales of N100,000, Okada gets N30,000.
19. Sell Course Online
Thinking you are good with editing videos and you also have some awesome skills you want to share? You should consider investing your time in creating an online course that you can sell on your blog, social media, or on Udemy.
Udemy has thousands of videos, thanks to its large number of experts who publish from time to time on their platform. Students and users from around the world use it every day to learn courses, free and paid courses are available.
On the platform, you can have a video on almost anything as long as it is productive and free of sexual content. Alternatively, you can use Teachable.
20. Publishing Online Articles For Money
The internet keeps giving us numerous and quickest ways to earn money online in Nigeria. There are online content publishing platforms that allow just anyone to publish useful and unique posts on their platform, in return, they get paid.
In Nigeria, Opera News is huge and we have been seeing people making N40,000 or more every month depending on how many interactions they got. It is free to join.
Hubpages.com is another site you should consider if you write for any audience. Meanwhile, Opera News would be best for most people in Nigeria since you will be able to easily create articles tailored for the Nigerian audience. However, you can still create content for any audience if you choose to.
Things happening around you can be posted on Opera News, which may likely go viral if you know how to play your cards. The more traffic you have, the more nairas you get.
21. Participate In Surveys, Search And Categorize Data
As a student, full-time worker, or business owner in Nigeria, you can still make some cash online without investment by assessing contents and correct if there are any errors, participate in surveys, research data and addresses of businesses, app testing, and more, all these are available on Clickworker.
You work independently and anytime you feel like. All you need is a smartphone or laptop with an Internet connection. To make your work faster, you can download their apps on Play Store or Apple Store if you use an IOS device. Payments can be accepted to your business PayPal account.
If you choose not to use clickworker, other platforms you can use are SmartSites, DashClicks, Rapidworkers, Crowdsource, and Amazon Mechanical Turk.
22. Become an Amazon Associate
Amazon associate is another way by which bloggers, content creators, website owners, and publishers monetize their traffic. This works exactly like Google Adsense except that it only displays only amazon products.
Meanwhile, amazon associate programme can also be used on active apps, social media platforms, and youtube. Like Google Adsense, there are guidelines to follow, it is important that one understands it before going ahead with the implementation.
Most importantly, Google Adsense can be used along with amazon associates on the same page or post, giving you another way to earn income.
To earn on Amazon associate programme, a user must click on the link and also purchase items. Get started on Amazon Associates and it is completely free to use.
23. Start your Podcast
A Podcast does not surely ring a bell not just in Nigeria, but in most countries. A podcast is an audio program made available for automatic downloads into devices such as smartphones and personal computers.
Although the purpose of a podcast is for it to be made available for anyone to download for free, however, you can still make money from it if you have something great that most people will want to know.
The question is how it is done? A peek into the affairs of Popular podcasts like Entrepreneur on Fire shows they make at least $15 per 1000 downloads. Also, in Nigeria, you can make money through sponsorship, affiliates, create online courses, as a consultant, or sell your products and services.
Finding sponsors may not be easy, but if you are good at what you do, it is just a matter of time before brands will want to be recognized with you. If you are just starting, work on your growth and everything will fall into place.
24. Create a Mobile App
A lot of people in Nigeria are actually earning good bucks from their apps. Although, the market seems saturated already, yet that does not mean one will be unable to pitch his own idea.
If you have got a great idea of how an app should look like and you have already found a niche you will be comfortable working with, maybe it is time to give it a try. Starting a new app requires so much especially when it is still in its introductory stage but one can leverage the opportunities provided by social media and paid ads to create a remarkable app.
To make money from your app, the in-app purchases are a wonderful choice. For instance, if you are running a betting tips app, you can decide to have a premium slot for visitors who want more. In app-ads is another exciting way to earn from your app, thanks to Google AdMob. These are the best ways to make money from your app in Nigeria except you are considering sponsorship which I am not particularly keen on.
25. Sell on Authoritative eCommerce Sites Like Jumia, eBay & Konga
If you have products you want to offer for sale, you can become a seller on any of the leading online stores in Nigeria. Jumia and Konga have the highest number of customers, thereby resulting to quick sales, which will be much easier than using other means.
Also, one would not necessarily need to invest time and resources on paid ads, with the growing customer base of these popular stores, selling your products would be easier if one set the right price.
eBay is another great online store one could use if you want to sell to foreign customers. You can sell almost anything on eBay which could be used or new items.
26. Make Money As a Virtual Assistant
It was recently I discovered one could make money as a virtual assistant, although many people have probably worked as one in Nigeria without even knowing it because it’s not a phrase we are familiar with.
If you are asked to work remotely for a site, organization, or business, you are already working as a virtual assistant. Most companies now recruit graphic designers, customer care agents, social media managers, content writers, etc to work remotely.
This provides you with an opportunity to make money without visiting the client’s office. Also, you can work from Nigeria and have your money wired in dollars if you wish. The most important thing is to know exactly what you are paid to do and do it efficiently.
The importance of a copywriter can not be underestimated, in such that copywriting is as important as the product development team. Of course, what is good about a new product if there is not yet a strategy to introduce it to potential customers?
A copywriter’s job is to create advertising promotional materials that will be able to compel or persuade customers to buy a product. This particular skill is also needed when a company, website, brand, or service needs to become a household name.
To get gigs as a copywriter in Nigeria, you must be really creative, talented, and also capable of providing content that prompts action since copywriting is another form of marketing.