18 Guaranteed Ways to Make Money Online in Nigeria in 2024
You can become a millionaire in Nigeria from the comfort of your home. Discover 18 proven ways to make money online in Nigeria.
Since the COVID-19 pandemic, many Nigerians have realized the many benefits of the internet. But can you make money online in Nigeria without doing anything illegal?
Yes, you can!
This blog post will show you how to make money online in Nigeria fast, whether you’re a student, teenager, or professional. There are hundreds of ways to make money online in Nigeria.
Here, we will focus on the best ways to make money online in Nigeria in 2024, even if you’re on a tight budget.
What You Need to Get Started
To make money online in Nigeria, you will need:
- A working smartphone
- A reliable internet connection
- Sometimes, a computer
How to Make Money Online in Nigeria
If you have asked how you can make money in Nigeria before, we have shared the best ways to make money online in Nigeria below. For most of them, you can make money online for free without paying anything. Keep reading!
1.Blogging
For individuals with strong writing abilities and the capacity to establish a reputation in a certain industry, starting a blog is the ideal approach to making money online in Nigeria.
How to make money online in Nigeria from blogging
Once you have a regular readership, there are several ways to monetise your website, including
- advertising,
- e-books,
- online courses, and
- personalised consulting services.
Individuals who want to make money online in Nigeria from blogging should always ensure that the material they provide for their audience is beneficial. This is the only way to develop a real connection with an audience and ultimately monetize them.
How to Start a Blog in 6 Simple Steps
2. Content writing and copywriting
Technically speaking, content writing and copywriting are different ventures. Still, they require the same skill set — the ability to create and edit written content.
While a content writer focuses on creating informative and engaging content (like blog posts, scripts and white papers), a copywriter creates marketing-focused short-form content to persuade an audience to take a specific action.
You can make money from content writing and copywriting by creating for brands, individuals, websites, and NGOs. However, the actual profit will depend on your skill level, portfolio and clientele.
Content writing and copywriting are easy to start, even if you’re a student without experience. And you can start monetising your skills if you have a smartphone, laptop and internet access.
3. Affiliate marketing
Affiliate marketing is a time-honoured method of growing monthly revenue that has recently gone electronic and remains one of the best ways to make money online in Nigeria.
This well-known strategy involves advertising a product or service and receiving money for each sale. Individuals effectively serve as mediators, and all they need to do to promote certain products and services is establish a robust network.
Affiliate marketing is a simple method to supplement one’s income if, for instance, you operate a blog or have a significant presence on social media. Affiliate marketing is one of the finest methods to make money online in Nigeria for free since it can be conducted via Facebook and WhatsApp.
This method of internet money-making is comparable to that of historical dealers or salespeople who provided free samples of cigarettes, cosmetics, or other products in exchange for a commission on each sale.
How to make money online in Nigeria from affiliate marketing
Affiliate marketing does not need any upfront money investment. Signing up for a convenient service (there are thousands of such platforms online) is sufficient to begin marketing products and services.
4. E-commerce
E-commerce is one of the most popular ways to make money online in Nigeria. With E-commerce, you simple find products to buy and sell online. With the increased online purchases today, e-commerce has become a lucrative way to earn money online in Nigeria.
To make money in Nigeria with e-commerce, you can leverage e-commerce platforms such as Jumia, Konga by creating a free online store and start marketing your products online to attract customers.
5. TikTok influencer marketing
The best way to make money online in Nigeria is via TikTok influencer marketing, where individuals can generate between 70,000 NGN and 1,300,000 NGN monthly. The greater a person’s popularity, the higher their earning potential.
TikTok is also the ideal platform for making money online in Nigeria without paying a dime since it requires no certification, verification, or capital and does not have an age restriction.
TikTok is a superior medium for making money online in Nigeria than Twitter and Instagram due to the greater likelihood of hitting virality. On TikTok, it is far easier to amass millions of views without an active following than on any other social networking site.
Although there is no raw data on the number of subscribers, the Nigerian population on TikTok has exploded since 2020.Given the widespread interest in students’ everyday lives and activities, TikTok is also one of the easiest platforms for students to make money online in Nigeria.
Today, hundreds of Nigerians on TikTok make a substantial income owing to their enormous following or numerous views.
The strategy is appropriate for content creators and specialists to market their services, and the audience is large enough to include everyone. Content creators whose main interest is singing will benefit from these 15 drinks that give good, clear vocals.
6. Web design
Since new startups and established organisations must distinguish themselves in today’s competitive industry by providing their consumers with perfect experiences, web design, which facilitates this, is the 3rd-best way to make money online in Nigeria.
In Nigeria, web design becomes an inexhaustible source of online income through building website or app experiences that result in more engagement, higher purchase rates, or higher subscription rates.
Organisations like General Assembly and Skillcrush provide online programmes that can teach individuals the fundamentals of web design in a short amount of time and serve as a foundation for launching their own web design company outside of their normal job hours. From there, the road to making money online in Nigeria becomes bump-free and smooth.
7. Trading Cryptocurrency
If you want to do something different, you can go into crypto trading or investment. I tried this while in school and made money by buying and selling crypto like Bitcoin, Ethereum, and Binance. I could remember I bought my second phone with the money I got from trading crypto.
If you also want to trade crypto, you need a platform where you can sell your crypto without getting scammed, right? That’s where Breet comes in. You can sell your crypto and get cash or convert your crypto to another crypto of your choice.You can make money from trading crypto by buying and selling cryptocurrency. For example, you can buy Bitcoin when the price is low and sell it on a Breet when the price rises. Cool right?
8. Online tutoring
Online tutoring isn’t for everyone, but you can make a lot of money as a Nigerian student with internet access and a knack for teaching. And while it’s not necessarily a requirement, being academically gifted can also help.
An online tutor is pretty much like a regular tutor — you teach people what you know and get paid for it. Online tutors use platforms like Zoom and Google Meet to engage with students instead of a board and marker.
These students can be from anywhere in the world, even as far off as the United States, so you can earn in almost any currency with the right clients. And thanks to the remote nature of online tutoring, students in Nigeria can fit the job into a rigid university schedule.
You can teach primary and secondary school students — and even college students — all from the comfort of your hostel or apartment.
9. Translation services
Offering translation services might not seem profitable, but it’s a pretty good venture if you’re looking for an easy way to make money online as a student. And thanks to the internet and tools like Google Translate and ChatGPT, you can get started without formal training or prior knowledge of a language.
People typically need translation services for long-form content (like blogs and articles), and you can make a pretty nice sum, if you’re good. All you need is a smartphone and internet access. However, you might also need to improve your proofreading skills as a translator to ensure you deliver high-quality work.
10. Mobile application development
With the arrival of easy-to-use application creation tools that do not involve coding, creating and selling mobile applications is the 11th best way to make money online in Nigeria since it is a reasonably simple venture to start.
It is important that individuals not assume that any software will be an immediate smash just because they believe the concept will be effective. Creating appealing applications requires both art and science.
Making money online in Nigeria by developing mobile applications is facilitated by the availability of several templates for software creation. In addition, your free software may be monetized through in-app purchases, external sponsorships, and advertisements.
Due to the direct incorporation with software and its absolute digitisation, mobile app development is one of the best ways to make money online in Nigeria as a student.
11. Web development
Web developers are in high demand as they are responsible for integrating new features, enhancing functionality, and fixing errors. Hence, web development, particularly contracts, is the 10th best way to make money online in Nigeria.
Once HTML, CSS, Ruby, or Javascript, have been mastered, individuals can start recruiting customers, make money online in Nigeria, and gradually launch their web development firm while keeping their current employment.
Online education platforms such as CodeCada, CreativeLive, Treehouse, and CodeAcademy are perfect for learning the fundamentals of web development, making this one of the best ways to make money online in Nigeria for students.
12. Domain trading
Comparable to real estate investing, domain trading one of the most lucrative ways to make money online in Nigeria, involves identifying the right opportunity in domains and then holding on for a period of time to generate substantial profits.
Domains may be acquired for as little as 5,000 NGN, which is one of the distinguishing characteristics of this avenue.
Interested parties may get domains after thorough research and analysis, whether for a term for which you want to acquire appropriate domains or a project name.
After discovery, this domain may be purchased using domain reservation coupons, such as Godaddy coupons or Namecheap coupons. These discounts will allow individuals to acquire domains for less than 2,500 NGN for dot-com domains and less than 500 NGN for several other unique extensions, so as to make money online in Nigeria.
13. Podcast hosting
Producing a podcast is one of the best ways to make money online in Nigeria and an exciting initiative to build a personal community of listeners who engage with your material often.
Due to the built-in audience and rating system of the Apple Podcast Store, you may be able to play your podcast to a significant number of listeners. In this case, you will ascend to the top of the rankings and get significant exposure.
How To Start a Podcast on Spotify
14. Instagram influencer marketing
Despite the fact that Instagram does not pay account holders, even if they have millions of followers, users with a sizable following have several opportunities to make money online in Nigeria for free.
How to make money online in Nigeria from Instagram
- Select an area of expertise (we recommend choosing one you know and are passionate about).
- Develop a professional Instagram profile.Start publishing valuable content to get fans.
- Continue sharing helpful content.
- Start making money using third-party techniques, such as advertising items for firms, affiliate marketing, and directing readers to a site with Adsense advertisements.
15. Import cheap and resell
Importing and reselling, which comprises sourcing things from AliExpress.com or eBay and reselling them on Jiji, Jumia, or Konga is one of the best ways to make money online in Nigeria.
A limitless number of items, which are neither subject to strong rivalry nor do they attract a large number of retailers, can be gotten from foreign platforms and resold for cheap locally.
16. Data entry
Data entry jobs require that you enter, edit or update information in online databases for a small fee. They’re another way to make money online as a student and only require you to have a basic understanding of how computer systems and spreadsheets work.
Some data entry jobs don’t even require you to work with a database. Instead, you answer surveys and share feedback on products or services.
And like every other job in this article, data entry roles are fully remote, allowing Nigerian students to work with any company anytime and from anywhere.
17. Virtual assistant jobs
Virtual assistants are what you think they are — remote workers that offer administrative services to clients. As a virtual assistant, you’ll be tasked with tasks like replying to emails, making phone calls, and organising your client’s schedule.
Once you get the hang of things, you can combine your job with the rigours of schoolwork. But you might need a bit of training to become an effective virtual assistant. Fortunately, you can take several short online courses to help get you started.
18. Jumia j-Force
In addition to their affiliate programme, Jumia, one of the most popular retailers in Nigeria, provides a programme called j-Force that allows individuals to make money online in Nigeria.
This is possible by making purchases from your account for the benefit of others in exchange for fantastic commissions so as to earn money directly into your bank account in Nigeria.
In addition, users may run their online shop via Jumia, sell their items with ease, and take advantage of the shipping and payment options provided by Jumia. This is a long-term enterprise that offers everyone in Nigeria a consistent online income.
Benefits of Making Money Online in Nigeria as a Student or Professionalto.
Here are four benefits of making money as a student in Nigeria: Financial freedom, a sense of responsibility, increasing your income, and finding your purpose.
1. Financial Freedom:
You know there is this peace of mind that comes with money, right? Just having 100k sitting in your account doing nothing. And the only way to achieve this is by making money.
Besides, someone that doesn’t work can’t eat, right? You can see why making money as a student is important if you want to archive financial freedom and put Sapa to shame.
2. Sense of Responsibility:
We all know that making money is the only way to beat Sapa. But apart from that, a sense of accomplishment comes from you making money yourself while you are still a student.
Only when you work for the money will you understand its value, and you will be able to differentiate your need from your want. In short, you will be very conscious when spending the money you worked so hard for!
3. Increase your Income:
Most students can’t really flex and chill with the allowance given to them by their parents. This also includes me because the money I received from my dad was never enough for me to flex and enjoy life.So I started trading crypto and swapping gift cards. This increased my income, and I could flex like a boss!
4. Finding your purpose:
When you have a side hustle while you are still in school, you will start seeing that there is more to life than the course you are doing in school.Imagine making 500k plus while you are still in school, and your side hustle is not related to what you are doing in school!
Frequently Asked Questions About How To Make Money online as a Student
How To Make Money On Cardtonic?
You can make money when you buy or sell gift cards on Cardtonic. Moreover, not only can you earn rewards by buying or selling gift cards on their platform, but you can also refer a friend to their platform and receive additional rewards.
What Skills Do I Need To Make Money as a Student In Nigeria?
Some of the skills you will need as a student who wants to make money in Nigeria are: writing, marketing, graphic design, etc. It is important to note that the type of online job you pursue will determine the skill you will acquire.
Can I Make Money Without Any Capital as a Student In Nigeria?
Yes, there are ways you can make money without any capital, such as affiliate marketing, blogging, freelance writing, etc.
How Can I Make Money Online Now In 2024?
You can do various jobs as a student in 2024, such as tutoring, blogging, gift card swapping, freelance writing, social media management, etc.
Can I Make Money Online as a Student In Nigeria?
Yes, you can make money as a student in Nigeria, and you can do that by applying for jobs online while you are still in school.
