BUSINESS IDEAS

Top 10 Money Making Apps in Nigeria in 2023 & How They Work

If you calculated the number of times you press your smartphone daily, you would be amazed. According to TheCable, Nigerians spend an average of 193 minutes daily pressing their smartphones; that’s about 3 hours and above every day.

The question is, does the time you spend on your smartphone make you any money? What if you spent a little of that time on apps that would pay you real money? Yes, making money in this digital era has really become more convenient and accessible than ever before. There are a lot of money-making apps out there where you can earn some money doing one thing or another.

Working on these apps may not mean you don’t have a job; rather, it may be a way of getting a side income to better support yourself. Whether you are a student, working class, stay-at-home, etc., these money-making apps can still help you earn extra income for yourself.

The Best Money-Making Apps in Nigeria

Money Making Apps in Nigeria

1. SproutGig

SproutGig is a microjob platform where you can earn in dollars by doing some microjobs such as following social media pages, liking or commenting on social media posts, reading blog posts, clicking on ads, watching Youtube videos, etc.

Tasks on SproutGig don’t always take time; they are mostly tasks that can be completed within just a few minutes. And you can earn between a few cents and $2 per task. You may even be able to complete up to 10 tasks or more in a day, which will really give you a good income.

Aside from doing microtasks, you can also advertise your freelance skills on SproutGig and get hired by interested employers for your services. For example, if you are a graphic designer, website designer, writer, etc., you can create gigs there to advertise your service, and you get hired by interested parties.

SproutGig is not yet on the Play Store; their app is still on the apk version. However, you can still access the platform through their website.

2. Tiktok

Tiktok is a popular social media platform mainly used for creating and sharing short videos. Some people may even be using this app without knowing that they can earn real money from the app.To start earning money from Tiktok, you need to create videos and build an audience, especially in a specific niche. You may decide to create educational videos, entertaining videos, coaching videos, or any kind of video that can drive an audience for you. Once you have a good number of audience or followers on your Tiktok account, you can easily start making money from the app.

Once you have your audience, there are several ways to make money on Tiktok in Nigeria. Some of them are: affiliate marketing, sponsored posts, media licensing, Tiktok creator fund, likes and comments, etc. To understand more about how to make money on Tiktok in Nigeria, you may check out our article below:

How Much Can I Make On Tiktok In Nigeria?

There is really a lot of money to be made on Tiktok; there is no limit to the amount you can make on that app. It all depends on your hard work, strategies, and the number or quality of your audience. However, according to IdeasLane, TikTokers that have more than 100,000 followers typically earn $200 (about 100k in Nigerian currency) to $1,000 (half a million naira) per month.

3.  Facebook

Facebook is another popular social media platform where you can make money in Nigeria and in other countries. There are several ways you can make money on Facebook, but in this article, we will be focusing on the aspect of content creation on Facebook.

Recently, Facebook started paying its content creators for sharing engaging content on the platform. These contents could be written or video-based. As long as you have a good number of followers and engaging contents on your page, you will continue to make cool money on the platform.

For your page to be eligible for monetization, you must have had 500 followers for at least 30 consecutive days. Your content must also adhere to Facebook policies. Other requirements may depend on the type of monetization you wish to use.

How Much Can You Make From Facebook Content?

Content creators are really making huge money on Facebook, which is why you see most of all these skit makers, like Sabinus and the rest, buying cars and luxurious properties nonstop. According to AllAboutCareers, it is estimated that a content creator can earn between $20 and $100 or more for every 10,000 views on Facebook video content. You can imagine how much you can make if you get 1 million views on a video.

4. Opera News App

Many people know the Opera News app as just where they read the latest news, but even while you read news on the app, you can also make money there. The major way to make money on Opera News is by being their news writer. That means they pay you for writing articles or news reports on the platform. How much you earn on the platform mostly depends on the number of views your articles get from readers.

5. Toloka

Toloka is another money-making app in Nigeria where you can earn some side income. It is a get-paid-To (GPT) site just like SproutGig. Some of the tasks you can do to earn money on Toloka are: comparing images, rating search results, taking surveys, etc.

Toloka has been in existence since 2014 and has been paying members since then. The amount you can earn on a task depends on the type of task and how much the employer decides to set for the task. However, the average earning per task may range from $0.1 to $1, and these are tasks that can be completed within just a few minutes.

Aside from doing microtasks, you can also advertise your freelance skills on Toloka and get hired by interested employers for your services. For example, if you are a graphic designer, website developer, writer, etc., you can create gigs there to advertise your service, and you get hired by interested parties.

6. Hawkit

Hawkit is a platform where you can make money by reselling products, posting ads, and performing simple social tasks for top businesses and brands on your social media account. The platform has been in existence since 2020 and has been paying members for their tasks. You can make up to N5,000 daily on the platform, depending on how many tasks you are able to complete.

7. YouTube

YouTube is a popular video platform that is owned by Google. To make money on Youtube, you have to create videos and grow an audience or subscribers on your channel. You can create any type of video as long as it complies with YouTube’s policies. It could be tutorial videos, informational videos, political videos, news videos, entertainment videos, etc.

Once you have a good number of subscribers on your channel, you may decide to monetize it with Google Adsense. However, your channel needs to comply with YouTube policies and meet the monetization requirements for it to be eligible for Adsense.

8. BoomPlay

Boomplay is a music streaming app. However, if you are a musician or you create music, you can make money by uploading your music on the platform for people to stream. When you upload your music, the platform’s team is going to review it, if it meets the required standard, your music will be approved and made live for people to stream.

Boomplay pays you based on the number of streams your music gets. According to SmenMusic, Boomplay pays N1 per stream. That means if you get 100,000 streams, you will be paid a whopping sum of N100,000.

9. Bigo Live

Bigo Live is a live streaming platform. Here, to make money, you need to go live and receive gifts from your followers, after which you can convert those gifts into money. The more you go live, the more you build your popularity on the platform, and the more gifts you will always receive from your followers. If you are a popular streamer, your followers will send you virtual gifts. Then, you can stock up on these gifts that can be transformed into ‘beans’. Finally, these beans can be encashed for real money, which the app deposits in your account.

10. Vskit

Vskit is a social media platform for creating and sharing short videos, just like Tiktok. To start making money on Vskit, you need to create engaging videos and build a good audience. Once you have grown your audience, you can then monetize your account. There are many ways to monetize your Vskit account, including brand partnerships, sponsored videos, in-app challenges, etc.

Conclusion

There are a lot of money-making platforms in Nigeria, but our focus here is primarily on mobile apps that can truly pay you what you earn. While you can start earning almost instantly on some of the apps mentioned in this article, others may take time and effort before you start earning, but when they start paying, it will be worth the time. In those apps that take time before they start paying, you just need to be patient and put in the required work until it starts paying you.

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