How to Make Money Online in Nigeria (Discover the 12 Secret Ways)

How to Make Money Online in Nigeria(Discover the 12 Secret Ways)

How can I make money online in Nigeria? This is a popular question asked by so many Nigerians constantly seeking solutions to financial freedom. Making money online in Nigeria has become a reality for so many Nigerians. The Internet has opened doors and created numerous money-making opportunities that you and I can tap into to achieve financial freedom. 

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 The Internet is open to everyone, everywhere and at any time. With the increase in connectivity worldwide, more people and businesses are adopting digital and shifting from the old ways of doing business to doing business online.

We have a similar post on how to make money using the best small business ideas in Nigeria. Have a read to broaden your options and ideas on making money in Nigeria.

Some best ways to make money online in Nigeria include but are not limited to freelancing, blogging, affiliate marketing and lots more. 

As a Nigerian, knowing how to make money online can be very helpful as there are fewer jobs in the economy to employ everyone, and even if you find a job, the pay can be extremely low. Making a shift to the digital economy to seek ways to make money online in Nigeria is key. From finding online jobs to starting your own online business, the online world is full of so much money-making potential that you should consider tapping into today. Let’s get started on how to make money online in Nigeria.

The best way to make money online in Nigeria is to start an online business. Those who succeed in this online space know the importance of getting started. The truth is you will never be 100% ready to get started because online opportunities and their manner of implementation/execution change daily as technological advancements evolve, disrupting different online sectors. We love those who take action, and if this is you, you will start a new and fulfilling journey today. 

How to make money online in Nigeria

From side hustles to creating online businesses, the online world has been a blessing to many who can now earn an income from the comfort of their homes. If that is what you are here to achieve, this post will walk you through 12 popular ways to make money online in Nigeria. Where appropriate, we will offer some simple tips and advice to guide you on your journey and get you started in the shortest time possible. 

Ways to make money online in Nigeria – #1 Freelance work

   Freelancing is all about selling services which can be bought and sold over the Internet. It covers a wide array of occupations and job opportunities. As a freelancer, you are an independent worker who works with different individuals and businesses at your rates. If you have a skill that can be bought or sold over the internet then maybe becoming a freelancer will help you to start making money online in Nigeria. 

Some freelancing skills currently in demand include but are not limited to freelance writers, graphic designers, web designers, web/mobile application developers, copywriters, freelance journalists and lots more. While choosing a career as a freelancer can help you start a new side hustle online or replace your 9 to 5 job, it comes with benefits and challenges.

Like you being your boss and having the ability to earn more and keep all the profits you make, but on the downer side, you get to put up with inconsistent client and cash flows as there exist low and peak moments in this online opportunity just like in any other business. So when times are good, learn to save more for rainy days.

Freelance work – Getting Started tip

Best way to make money online in Nigeria – #2 Start a blog in Nigeria

  Blogging is one of the legitimate ways to make money online in Nigeria. Nigeria has a large population size of millions of people connected to the internet. Starting a blog gives you the opportunity to serve either your local population or you can create content for a targeted set of people across the world. If you love writing and sharing your views with the world, then blogging may be right for you. 

Hold on, not so fast. I would love to share with you a little advice and a secret to blogging. 

Passion may be enough to get started as a blogger but when it comes to monetization, you need a blogging strategy. You should be able to judge how profitable the niche you are blogging about is. 

Writing about what no one is interested in, won’t set you up for success as you will receive a low volume of followers or traffic to your blog which may slow down your blog’s monetization strategies.

 You are here because you want to learn how to make money online in Nigeria, so if you must start a profitable blog, you should treat it as a business from day one and not just as a hobby. This will help to fast-track your journey to blog monetization and set you up for success.

Start a blog in Nigeria – Getting Started Tip.

Make money online in Nigeria without paying a dime – #3 Build and monetize your Social Media Traffic.

                 If you are concerned about how to make money online in Nigeria without paying a dime, then you should consider building a blog on social media where you can build, grow and monetize your followers. You can start a social media blog for free on popular social media sites. Facebook and Twitter are good examples of apps to make money online in Nigeria especially if you love social media.

You can grow your audience over time by being consistent and producing high-quality content. Your social media blog should focus on a niche your audience is interested in. Before starting a social media blog to make money online, you should have a clear monetization strategy in place.

You can also become a social media influencer by building a quality name and audience online that brands admire and you will get rewarded with brand deals and other forms of collaborations online that can earn you money. Smart social media influencers can also use their online traffic to start a business of their own.

Social Media Blogging Tips

Be mindful of what you post as a wrong post can greatly affect your social brand. With consistency, you will start attracting businesses and brands that are interested in your beliefs and would love to collaborate with you. 

 How to make money online in Nigeria – #4 Start an affiliate marketing business in Nigeria 

          Affiliate marketing is an ever-green industry that keeps growing in market size and popularity. Becoming an affiliate marketer can be very profitable as you can build a passive income machine in affiliate marketing that can keep rewarding you for many years. As an affiliate marketer, you get to promote the products and services of other brands and businesses and earn a commission for every sale you make.

So what this means is you do not need to create your products or services to get started. This business can be started online with just your phone and an internet connection, even though to be successful in promoting certain kinds of products, there is a need to set up a website blog to create product reviews or related product information used in promoting your affiliate products or services. 

#5 Online Tutoring

        Online tutoring is a great way to make money online in Nigeria. If you are proficient in one or more subjects or have a skill that others can pay to learn online, then you should consider becoming an online tutor in Nigeria. Subjects like English language and Mathematics are in high demand worldwide. As an online tutor, you can teach both local and international students. Teaching international students can enable Nigerian tutors to start earning in different foreign currencies and benefiting from minimum pay wages that are higher and better.

You can get started on sites like Italki, Preply, Cambly and tutor.com, or you can become an independent tutor by building your portfolio and advertising your services online. One of the keys to becoming successful as an online tutor is to stay true and only tutor what you have mastered over the years. This way, you can offer quality services, retain students and get good ratings and recommendations.

  #6 Create and sell online courses

   Many individuals are interested in upskilling, and they often prioritize learning online as a great solution which is more convenient for their schedule. If you are experienced in some art or subject, you can start creating and selling easy-to-follow online courses and make money online from home. Online courses are a great source of passive income. If you can create high-quality courses on subjects that are high in demand, and if your online course offers great value to students at an affordable price, you will be well on your way to creating a successful passive income machine online.  

To get started, decide on the topic you want to create a course on, create a curriculum, create video lessons, set up a payment system, and start marketing your online course to potential students. There exist many platforms where you can create and sell online courses. A perfect example is Udemy.  

   #7 Write and sell e-books online

Electronic books have grown in popularity over the years, and many people now buy and read e-books. Just like creating and selling online courses, you can also consider writing and selling e-books on subjects many people would love to learn more about. You won’t incur the burden and extra cost needed to print and ship your book, as those interested in obtaining a copy can easily purchase and download it online. 

To earn passively from your e-books, consider hosting them on different online platforms where people can easily purchase them. Also, consider setting a fair price for your e-book and adopt different marketing strategies to promote your e-book. Getting bloggers to write reviews about your book is one of the ways to market your e-book online.

 #8 Become a content creator

   Content creation is among the best ways to make money online in Nigeria. Creating content is a sure way to keep people entertained and engaged online. From comedy skits, music, dance moves, informational content and lots more, many Nigerians are actively creating content to meet the needs of their population and those of people worldwide. Most content creators are active on trending social media platforms where they create and share their content with their followers. 

To succeed as a content creator, consistency is key. You need to regularly update your audience with quality content to keep them engaged across your social media and streaming platforms. Once you start gaining popularity, you should adopt several strategies to monetize your content. Monetization options will vary based on the type of content you are creating. 

#9 Social Media Management

     Did you know you can manage social media sites to make money online in Nigeria? Many brands and businesses are hiring capable individuals to manage their social media accounts across different social media platforms. 

You will have to attract customers to the business or brand by creating and publishing unique content that draws customers closer to their business and keeps them engaged. Depending on the size of the business or brand, you may also be responsible for handling customer disputes on social media and channelling their complaints to the appropriate department in the company to be resolved. 

#10 E-commerce 

E-commerce is one of the sure ways to make money online in Nigeria. It involves the buying and selling of goods or services over the Internet. In Nigeria, many people now love buying goods over the internet and across the world as it is more convenient and saves time. 

To get started, choose a profitable product or service to sell online, create a free online store on e-commerce platforms like Konga and start marketing your products. Go further and create your independent e-commerce website by building your online store on a platform like Shopify, or you can make use of WooCommerce to build, and set up your independent online store.

#11 Cryptocurrency trading

 Learning to buy and trade cryptocurrencies is a lucrative way to make money online in Nigeria. Nigeria has a large cryptocurrency market as it is among the top countries in Africa that trade in cryptocurrencies. If you want to be successful in trading, learning the fundamental skills to trade cryptocurrencies is essential before venturing into this market. 

#12  Dropshipping

  Dropshipping is similar to e-commerce, but what differentiates the two is that, with dropshipping, you do not need to manage any inventory. Instead, when a sale is made online from your store, you contact your supplier to have the product shipped directly to your customer. Starting a dropshipping business is less expensive as you do not need to own or manage inventory. Making contacts with trusted suppliers can help you set up a trusted dropshipping business and make money online in Nigeria.

How to make money online in Nigeria as a student

1. Start a social media blog
2. Sell products/services online
3. Start a blog
4. Become an online tutor
5. Become an affiliate marketer
6. Become a freelancer

  Read our Complete blog post on 29+ Best Realistic Business Ideas for Students

This post has provided you with some of the ways to make money in Nigeria that you can adopt to start earning online today. For each of the tips we have provided in this post, we recommend you do further research to gain more knowledge on what is needed to get started. Making money online is doable. Many people in Nigeria are currently earning from hundreds of thousands to millions of Naira monthly. Do not let the fear of getting started to hold you back. Say to yourself today “ I CAN DO IT ” and with the right guidance and strategies, you will be able to start making money online in the shortest possible time.

FAQ

1.  How can I make money online in Nigeria with my phone

You should consider starting a social media blog as it is compatible with smartphones and it is easy to set up and get started with. Some platforms to make money online in Nigeria include Facebook, Instagram, X and others. These social apps are used by billions of people and can offer you lots of online money-making opportunities.