You can make money online regardless of your location in the world, Nigeria is not left out either. People are finding vast ways of making money online as either as extra income or as your main source of income. You can reach your financial breakthrough by making money on the internet.
As a millennial, it is important to ensure you consider making money online. Especially when you are in Africa, there are minimal job vacancies and some may require you to bribe for a position. Additionally, when you get these jobs, the pay is not good to sustain your daily needs. Therefore, making money online is a good option.
The advantage part is that making money online in Nigeria does not discriminate. You do not have to be of a certain age or gender for you to earn good money. You will become your own boss, you will work at your own pace, and most importantly, you can work at the comfort of your home. Becoming rich over the internet has become a norm in the current days.
Read my 20+ ways on how to make money online in Nigeria, this article contains all my long time research on how to make money online most especially in Nigeria.
Let’s get started.
1. Joining Affiliate Marketing Programs
Joining Affiliate marketing is one of the best way of making money online in Nigeria. Affiliate marketing means that you look for partnerships with brands and businesses that is in line with your website.
Mentioning of a product or a service means that you are linking to the product or service using a unique affiliate link, once you sign up for the affiliate program.
Henceforth, you will be able to earn money every time a person buys the product or service using the your unique referral link.
It is important to partner with affiliates that are related to your concept of work. For example, if you are a make-up artist or beauty related guru, ensure that your affiliates are linked to brands that deal with make-up or skin care products.
Additionally, you can choose to sign up for affiliate network, which offers different affiliates in a single entity.
Therefore, you will be able to understand what works and what does not work over time.
It is true that many people prefer buying products online. As an affiliate marketer, you should ensure that you take advantage of this and make money online.
Affiliate marketing is also good for people who have little to no experience with marketing or sales.
List Of Highest Paying affiliate networks In Nigeria
- Jumia Affiliate Program.
- Konga Affiliate Program.
- Web4Africa Affiliate Program.
- Wakanow Affiliate Program.
- WhoGoHost Affiliate Program.
- Travelstart Affiliate Program.
- Grammarly Affiliate Program.
- Aliexpress Affiliate Program.
- Commission Junction (CJ)
- Click Funnel Affiliate Program.
- Shopify Affiliate Program
Some of these affiliate marketing programs have their preferred monetization models, these model can be ..
- Pay-Per-Click (PPC): This is an advertising model which is also known as CPC, where you are paid for every traffic you sent to the affiliate product. It doesn’t matter is the person buy the product or not
- Pay Per Sale (PPS): You make money online when the purchase is completed. The advertiser pays you a percentage of the product sales price.
- Pay Per Lead (PPL): In this type of advertising model, the advertiser pays you depending on the conversion of lead. Lead conversion can be submission of email, downloading of software e.t.c.
The important thing is that you should ensure that you have a good following, people who will believe your word if you recommend a service or a product.
The more they buy through your affiliate link and code, the more commission you get. The products and service can be promoted online through Instagram, Facebook, YouTube, Blogs, or any other social media platform.
2. Make Money Online With Blogging
It is one of the top ways you can make money online in Nigeria. Currently, blogging is considered the top online business in Nigeria. What’s more fun is that anyone can do it. There are no restrictions to becoming a blogger in Nigeria.
Blogging involves sharing of information. The range of the information can be from any topic such as news, sports, local stories, comedy, fashion, anything.
Once you start a blog page, ensure that there is traffic to your blog by creating content that most people will like. Then, use Google AdSense, or you can sign up with an affiliate marketing program to promote their products, with this you are going to make money from your blog content.
The advantage of blogging is that working hard and building your blog as your brand will help you make money even when you are asleep. You will be able to notice dollars coming in your AdSense account. You will not need to work daily for you to make good money.
Blogging can make you rich at a faster rate if you focus on it and ensure you create content that people will like. However, the challenge is doing things right and building an audience.
The best step is to start a WordPress blog with Bluehost, If you are new to blogging you can check out my step-by-step guide on how to lauch a successful blog in 2020
After reading the guide and was successful in setting up your WordPress site, the next is to study different blog niches and find out the ones with a good number of audience. Tool like Semrush and long tail pro will help you in analyzing the data.
After finding your niche, focus on writing great content that people will be willing to read, then engage in link building to increase the domain authority of your site. Write product reviews on those niches and drive traffic to your post to make sales.
3. Start A YouTube Channel
YouTube is a platform that has enabled many people to earn money online. There are different channels with different topic you would ever think of, and most of these individuals are making good money off of YouTube. Do not be intimated by those who have already made it on the platform. However, learn from them as most of them create videos that help new YouTubers get an idea of what YouTube is all about and how you can make money.
You can either use your phone or a camera to make videos. Ensure that your videos are of great quality and they are entertaining. Do not make them too long or too short. Additionally, be consistent in making these videos. The only skill you will require is to understand how you can edit your videos. This skill can be learnt through YouTube! See? You can learn from the same platform how to make your content interesting.
You can make videos about anything. All you need to do is upload the video on YouTube and share across different social media platforms. Build your brand and bigger brands will look for you to be partners. This will create extra income for you. Use Google AdSense, affiliate marketing, and other methods to make money as you get views on your video.
Examples of famous YouTubers in Nigeria include Mark Angel Comedy and Emmanuela. Even though they are now big brand, still at the end of the video they ask their viewers to subscribe to their channels. Learn from that.
If you want to become a professional video editor, there are some course that can help you achieve your dreams. Go to places like Udemy and Skillshare and so on, enroll on a course and acquire the necessary skills needed to become a professional video editor.
4. Become A High-Paid Remote Freelancer
If you have skills in writing and creative talent, it is very possible to get money from creating online content. There are different freelance writing companies in Nigeria such as Content Writers NIG Ltd, Upwork, Guru, and Fiverr. All you will require is a good phone, a tablet, a laptop and good internet connection. Through your hard work and determination, you will be able to earn more money online.
Freelance writing has enabled many youths in Nigeria to get employment and create employment opportunities for others. It is not only limited to writing as there are people who subscriptions and proof reading.
Also, you can become a graphic designer or programmer. Use your skills to make money online. Just apply for these jobs and you will be surprised at the number of people who are in need of your skills.
As a freelancer, you will be able to work from the comfort of your home and choose the times that you need to work. Freelancing in Nigeria has gained popularity over the years. You can choose to be a full time freelance of part time freelance. Many people doing this jobs are making more money than average salary in Nigeria.
5. Trading Cryptocurrency
Cryptocurrency is becoming more famous in Nigeria. There are different cryptocurrencies that have emerged and that you can choose from if you are in Nigeria. There are so many businesses that accept cryptocurrencies as a method of payment in Nigeria. People are speculating that cryptocurrency will replace the money that we are currently using.
Therefore, there is need to consider it as an investment move and make money from it.
You will be required to research and understand the market for you to not lose money. Basically, you are required to buy when it is low and sell when it is high.
There are different ways you can make money from Cryptocurrencies. For example, you can join Quidax when using Bitcoin. The platform has made trading of Bitcoin very easy. Also, Quidax makes the trade very secure and you do not have to worry about losing your money.
You can also download Luno App on your mobile phone to speed up your cryptocurrency trsde
In the future, Cryptocurrency will still be a good option to make money online in Nigeria.
6. Make Money With WinApay Quiz
This is an innovative method to make money online in Nigeria. You answer questions and you are paid for it. If you are vast with different topics, you should consider signing up for WinApay. The topics range from fashion, politics, health, sports, and much more. You can answer ten simple questions and win N2000 to N5000 for each round that you play.
The idea that you only need to answer questions and get paid is exhilarating, right? Make your day productive and make money online through the platform. However, if you wish to make more money with the platform, become an Affiliate of WinAplay. You will be paid N1000 for each person that you register to WinAplay as affiliate.
Activation of an affiliate account requires you to pay N1500. All the earning are paid straight into your bank account and be withdrawn at any time. You can be an affiliate by clicking here.
It is 100% Legit and Easy. Over 1000 people are paid monthly and you can join the numbers too.
7. Create Online Courses
You can start an online course that you can market online if you have the skills of teaching others. This can range from cooking, marketing, freelance writing, to creating DIYs (Do It Yourself). People will have to buy your course for you to make money.
In Nigeria, this is considered a top way of making money online. Online courses have the capability of making you rich. However, you should brace yourself as this takes a lot of job.
Very many people worldwide are looking for ways that they can learn new things through the internet. The internet is thus considered as a number one class room. You can embrace this opportunity and create some money for yourself.
Many platforms have come up to ensure that teaching is made easy online. These platforms include Udemy and Skillshare.
To create your first online course, it is not a must that you will be an expert in the field. Your student can be newbies who don’t have any knowledge of the topic you are teaching.
But to attain some level of expertise in your teachings, pick a topic you are interested in and find one or two most selling book relating to the topic. Read it up a teach like an expert.
8. Social Media Marketing
Many businesses are using social media influencers to help their businesses to find their audience on social media. However, you do not have to be an influencer to do this job. You require to have an active platform where you engage with your audience and have a good following.
In Nigeria, many people are spending too much time on social media platforms such as Facebook, Twitter, Instagram, and others. This has created an opportunity for businesses and organizations to reach their target audience and create more revenue through sales.
To be a social media marketer, it is important to be familiar with the algorithm of the target market on social media platform. You need to understand how you can use the platforms to help your brand as well as other businesses grow.
As many businesses embrace the internet, social media marketing will keep creating an opportunity for people to shine as an online money making strategy in Nigeria.
9. Start An eCommerce Businesses
eCommerce can make you lots of money easily. It involves buying and selling products online. Ensure that you come up with a business that can help people get their products either at their homes or a place near them. For example, you can start a business of supplying fresh fruits and vegetables to people in urban areas in Nigeria.
The best part is that you do not have to have a website as you are starting. You can open an account on Instagram, Facebook, Twitter and other platforms as an online shop. Sell unique and quality products to ensure that the customers who purchase from you are able to recommend you to others. This will help you create a community.
It is important to ensure that you engage your customers. Listen to what they want and put their suggestion into consideration. You can borrow inventories from leading businesses and build an empire for yourself.
10. Start A Successful Podcasts
A podcast is a form of audio broadcasting on the web. It can be listened to on the go, while commuting to office or even while working. It is a means of passing information to people and it does not requires the audoence full attention like blop post and videos.
Podcasts can also be used as a source of revenue stream in Nigeria. The popularity of podcasts has increased over the years. There are businesses that engage people with podcasts to create an audience for their products and to boost the overall performance. An example is Pulse, which leverage podcasts to make extra money.
You will need to first understand the monetization strategies that different podcasts in Nigeria are using. This will make it easier for you as a beginner to understand the dynamics of podcasts.
There are different types of podcast which includes.
- The Interview Podcast: This a kind of podcast where you interview people based on research terms or any other thing related to that. It requires mostl two persons.
- The Solo Podcast: This is a kind of Podcast that requires only one person it presented as a monologue. The content in this kind of podcast is mostly opinion-based.
- The Multi-Host Podcast: As the name sounds, this is the kind of podcast that requires more than two people, It can be in form of a debate or a round table discussion.
11. Become A Day Trader
Day trading simply involves buying and selling a financial instrument within the same day. Traders usually do this by capitalizing on the short-term fluctuations in price so as to make a profit.
Day trading is quite risky and if not done correctly, a trader may end up with massive losses. However, once you have mastered the simple strategies to use, you should be able to make profits from the money markets.
Day trading involves identifying the volatile stocks and buying them for a short period of time. Because of the high risk associated with this trading, traders keep these stocks for only short periods. Indeed.com and jobmonkey.com are some of the places to get started on finding day trading jobs.
12. Social Media Manager
For millennials who especially love social media, being a social media manager could be a great opportunity to earn while doing something that you like.
Thanks to the changing times, companies and businesses are now looking for ways to interact more freely and frequently with their customers. One of the ways to do this is by enhancing their social media presence.
As a social media manager, you will be in charge of the company’s social media handles. This means that you will be active on all their platforms by promoting content, deals and interacting with their followers. You may have to answer some of their followers’ questions so it might help to know about the company’s operations.
Given that this is a relatively new scope of online jobs, getting a job may not be easy. However, popular freelancing job boards such as Upwork often have these listings. Alternatively, you can approach a local business directly and offer your services. If you are passionate about social media and can demonstrate this by having a sizeable following, then your chances of getting hired are much higher.
13. Start A Data Entry Job
Many companies now require the services of data entry clerks to enter some data into their systems. This kind of data could be some measurements of the business’ performance or even inventory tracking and shipment.
Data entry is one of the simplest online jobs to get started on. This is because all you need is a computer, internet connection and good typing skills.
14. Start Telemarketing Business
If you are a well-organized person with sharp communication skills, then telemarketing may be a great option for you.
Many telecommuting companies now outsource some of their work. A quick search on the internet should help you identify these companies. Telecommuters are usually paid by the hour so a few hours each day should help you make something extra.
To find out the latest telemarketing job arround you simply head to Google and search for Telemarketing Jobs
15. Paid Online Surveys
When it comes to taking surveys, you will have to be extra careful. There are many scam opportunities that people taking surveys are prone to. However, there are a couple of legitimate survey sites that give you the opportunity to earn money online in Nigeria by answering a few questions.
Apart from answering questions you may be given a little task to be accomplished and get paid.
It can, for example, be to watch videos, take micro-tasks, take offers, play games, and more.
In other words I will like to also let you know that taking surveys online is not the best way to make money online in Nigeria and you never reach yohr financial breakthrough by pertaking in online surveys.
Find out the best survey sites available in Nigeria today.
16. Become A Virtual Assistant
The world is quickly becoming a virtual office workspace. Many people have their businesses operating purely online. These people often seek virtual assistants to help coordinate all their activities.
As a virtual assistant, you will need to be highly organized with a great understanding of how the computer works.
A couple of organizational skills certificates will help put you at a better place in the market.
Some websites such as DogVacay.com and Petsit.com help pet owners find people who are willing to have their pets when they are out of town.
As a sitter, you will get to set your own rates and hours. You also get to choose whether to have the pets brought to your home or watch them from the owner’s home.
If you are a pet lover, this could be a good gig.
18. Mini Importation
It is an online business that involves small scale importation. Individuals who have small capital are able to import products at a lower price and sell in Nigeria at a higher price. Basically, the business involves buying and selling of products.
Understanding the dynamics of this job can help you since it is lucrative. Mini importation can help you reach a financial breakthrough and financial freedom.
However, you will need to do research on what goods are on demand in Nigeria and hop on that opportunity to supply the, to people. This will increase your chances of succeeding. Like any other business, mini importation requires you to research about the market.
19. Start A Dropshipping Business
This is another promising way of making money online. Nigeria is a potential market place for this business because of the higher population density. Dropshipping is a method of supply chain management where the retailer takes orders from customers and transfer them as well as the shipment details to the manufacturer. The goods are then shipped directly to the customers.
Nigeria is a predominant English-speaking country. Therefore, there will be minimal to no problems regarding documentation as well as creation of content.
It makes it easy for you as a business person to create campaigns and contents for Nigerians. This can be extended to other countries such as the U.S., and the best part is that you will not need to pay for translation services.
This online business is risk-free endeavour in the country. There will be no extra costs that will be needed for holding inventories and shipping goods.
Therefore, you will have more time to focus on the growth of the business by marketing, development, and building relationships.
To learn how to start a Dropshipping business in Nigeria here is an article I recommend for you: How to start a Dropshipping business in Nigeria
Online jobs are a great way to get some more money besides your income. The good thing is that all of these jobs above require no experience to start. Although getting started may be a bit tough, once you get the hang of things you should be able to work comfortably from anywhere in the world.
There are different varies that people can use in the current world to generate income. The once mentioned above are just a few that people in Nigeria can use to make money in 2020. If you are passionate, creative, and have time for anything, it is very possible to create and build an online revenue stream.
The opportunities are endless. However, ensure that you are determined, consistent, and do your research. It might take longer for you to find your footing, but the rewards will be worth it.
Frequently Asked Questions (FAQ)
1. How can I make money online legally in Nigeria?
I have made out time to list all the ways to make money online in Nigeria, all the above mentioned ways are legit, of course I can’t write illegal ways of making money online.
2. How can a Nigerian student make money online?
You can make money online as student in Nigeria by:
- Becoming a frelancer.
- Become a niche blogger.
- Perform paid online surveys.
- Submit stories to media company.
These and many others are best ways to make money online in Nigeria as a student.