If you are looking for how to make money online in Nigeria, then Kudos to you because in this article we have compiled a list of top ways that you can make money online in Nigeria. Whether you are looking to rake in an extra source of income or in dire need of a financial breakthrough, the internet is full of many moneymaking options.
You should consider making money online because it affords you the time to do other things at your own convenience, you do not have to worry about that over-domineering boss and better still, you can multitask and have multiple moneymaking ventures.
Top Ways to Make Money Online in Nigeria
The top ways you can make money online in Nigeria include:
- Online stores
- Forex and Binary options
- Creating online courses
- Digital marketing
- YouTube Video
- Affiliate marketing
Now let’s look at the above-listed ways of making money online in Nigeria and I assure you, you will find some ideas you can start using immediately.
1. Online stores
Whether you choose to sell on Konga or sell on Jumia, these two shops are big online platforms in Nigeria. Their websites are one of the most visited websites in Nigeria where people stop to shop for items ranging from electronics, phones, clothing, household items, books to automobiles, and even gardening tools.
To start, simply open a store with them, source for products, and list them on the website. Once people buy, you deliver and get paid. You do not need a physical store to sell online with Jumia or Konga. You can begin to sell from the comfort of your home.
Konga and Jumia offer delivery services as well for a fee, so you can choose to let them handle your deliveries or contact a good logistics company to handle your deliveries.
2. Forex and Binary Options
Forex is considered a high-risk business venture but that is because most people who venture into it do so without proper mentorship or guidance. As long as the world has multiple currencies, Forex will continue to be a big source of income.
Binary options, on the other hand, are even much simpler than forex. With binary options, you simply predict the price of a particular currency or financial commodity and you make money off its rise or fall.
3. Create Your Own Online Course
Making money online in Nigeria is simple if you decide to be an infopreneur by selling your own course online. This is because although creating an online course is tough work, it is a good source of passive income if you do it well.
When you sell online courses, you simply teach people a skill or strategy and get paid by them for the information you sell.
If you are a writer, graphics design artiste, or web developer, you can create a curriculum and teach people all over the world how to do these things. These “students” will then buy your course and you make profit off it.
Creating an online course is a good way to make money online because you do not need capital to start. You simply need to find the right platform to teach and course content. It is that simple!
Cryptocurrency has come to stay, make no mistake about it. More businesses are gradually gravitating towards accepting cryptocurrency as a means of payment with widespread speculations that it may even replace the conventional money we currently use for daily transactions. Whether or not cryptocurrency will usher us into the true cashless society, you should consider investing in cryptocurrency.
Here is an apt advice, however: buy when it is low and sell when it high. Cryptocurrency will be a good source of making money online in Nigeria as the years go buy. Study market trends and understand how the market operates and you will be on your way to earning cool cash off cryptocurrencies in no time.
5. Digital Marketing
Digital marketing is all about helping businesses, individuals, and organizations find, reach, and engage with their audience online. This business opportunity has made many millionaires today in Nigeria. To start, read our article here on all you need to know about digital marketing.
You can also check out this article on digital marketing courses in Abuja.
A freelancer sells their skill online to make money. If you are looking at how to make money online without necessarily going through the struggles of a regular job, then freelancing is absolutely perfect for you! As a freelancer, you have the freedom to work from home and all you need is simply a computer and internet connection.
All you need to get started is your skills and talent and then a nice way to package it all together and offer it as a gig online. If you are a writer, programmer, typist, designer, or even a voice-over artiste, you will find people who need your skills online. It is a good way to make money online in Nigeria since it does not require the conventional university degree to land jobs.
7. YouTube Videos
If you love the camera, have good content, and don’t mind speaking to thousands of people from a screen, you should consider YouTube Videos as a means of making money online in Nigeria. YouTube is one of the world’s leading video sharing platforms that has made tons of people super-rich.
You can make videos about anything, talk about trending topics, and make tutorials that teach others how to do things online, build your brand or simply become a brand ambassador for another brand. With every view after you must have crossed 10,000 viewers, you get a percentage profit from Google.
8. Affiliate Marketing
Affiliate marketing is another credible and viable source of making money online in Nigeria. If you are good at marketing and can sell ice to an Eskimo, you should consider this.
Affiliate marketing is all about recommending products to people online. If they buy through you, the brand or business owner of that product then pays you a commission.
Often times, people who do affiliate marketing will be given their own unique link through which people they market to can buy. If you get your own link, you will then promote it to your online followers, advertise it on your social media platforms or blog and wait for the cash to start rolling in.
While others consider the blogosphere saturated, it is no doubt that blogging continues to be a big source of making money online in Nigeria. If your question is “How can I make money online in Nigeria?” do not be discouraged as blogging is also a valuable source of making money online.
Start a blog on WordPress or Blogspot, create a unique, relevant and SEO optimized content, drive traffic to your site and incorporate AdSense to your site. If you are serious about it, you can even have a shop on the site that offers products to your audience.
You can read my other article here on how to make money from YouTube without Adsense here -> (Source: The Graduateboss.com)