Posted in: Online Business

How To Make Money Online In Nigeria In 2023

It’s no doubt that so many people are literally quitting their jobs to face their online hustles which are probably paying them more than their regular jobs. The most interesting fact about making money online is that you work from your comfort, and have time for yourself. 

Notwithstanding, you can still have your job intact while you are still looking for how to make money online in Nigeria. You may decide to quit your regular job only when your online business has started paying you well. 

However, anyone can actually decide to start an online business regardless of their age, certifications or personal experience. If you intend to find a way to generate income via the internet and you probably don’t know how, you will get to know all the necessary information on this particular topic in the article below. 

In addition to this, there are some applications and websites that pay users cash for using their services on the internet. The requirements you need to begin with, a list of online business opportunities that are profitable to start in Nigeria, and other related queries will be discussed in this article.

What Are The Requirements To Make Money Online In Nigeria?

how to make money online in Nigeria

Generally, every online business requires some basic necessities in order to be able to get established. Among these requirements are a computer or a smart phone with stable internet access, time, dedication, consistency, patience and capital. If you are willing to learn how to make money in Nigeria with your phone, then you must be able to put together all the requirements needed. 

1. A Smart Phone/Computer

 (tablet, mobile phone, laptop or desktop) that is supported with a stable internet connection is the first requirement on this list. You obviously can perform any activities on the internet with a mobile device and internet connection. The interesting fact here is that you don’t necessarily need a computer/laptop to make money online in Nigeria; there are actually a lot of ways on how to make money with your phone in Nigeria.

2. Time, Dedication, Consistency and Patience

Time, Dedication, Consistency and Patience will definitely get you on the right track along the way. If you are a kind of person that has a very tight or busy schedule, making money online might be difficult and seem a daunting task. 

However, this is the reason why an online business is best fit for most people without a 9 to 5 daily job as you won’t be able to successfully manage your business without time.

3. Capital

Some online businesses may need capital to start. We cannot deny the fact that Capital is a very important aspect of making money on the internet in Nigeria. However, there are still many businesses to start without capital, which you can venture into if you don’t have capital.

What Are The Ways To Make Money Online In Nigeria?

At this stage I would assume you already have access to a smartphone or laptop which would be used to start generating income on the internet. Now, let’s get to work!

  1. Freelancing.
  2. Monetizing A Blog.
  3. Starting A Youtube Channel.
  4. Selling On E-commerce Sites, Konga Or Jumia.
  5. Affiliate Marketing.
  6. Online Surveys.
  7. Sell Designs & Creatives Online.
  8. Copywriting.

1. Freelancing

One of the ways you can start to make money on the internet is by freelancing for other companies. You can freelance on the internet, doing things like writing, editing, translating, transcribing and doing graphic design.

Companies like marketing agencies and publishers would have a need for those services, directly you can contact these companies yourself or you can use freelancing sites to ease your work. 

In addition to this, you can make more money if you are creative, by selling your own content online, think along the lines of e-books, courses and photography.

Regarding photography, if you have a talent for photography you can sell your photos using online stock photo sites. This is so easy to do with just a smartphone that is capable of taking high quality pictures and editing software.

2. Monetizing A Blog

Another profitable way to make money online in Nigeria is by creating and monetizing a blog. If you are an expert on a particular subject, this is a great idea as you can set up a simple free blog with the use of content management systems such as blogger, WordPress or Squarespace.

Typically, a lot of people think of blogging as something people did in the beginning of the 21st century but realistically it is still a way that a lot of people are making a good amount of money in Nigeria.

There are a couple ways of blogging that people make approximately six figures on a yearly basis. The real way to make actual money by blogging is to have a very specific niche blog like food blogging, even fashion blogging or any niche as long as you are driving traffic from somewhere.

After you must have successfully created a website on a topic that suits your interest, you can decide to use several means available, to monetize the blog. We have prepared a complete guide on how to start a profitable blog, you can check out below:

3. Vlogging – Starting A Youtube Channel

In Nigeria, starting a Youtube channel has become a viable source of income for a lot of people, with some youtubers earning thousands of Dollars with just a single video if it gets enough views. This is another very useful information on how to make money with your phone in Nigeria.

I know a lot of people might think Youtube is really saturated and perhaps too late to start a channel but the truth is, it’s actually easier now than it used to be.

Make sure you understand the following details clearly before considering getting into Youtube to make money in Nigeria.

  1. Starting a brand new channel from scratch requires you to reach the YouTube minimum threshold to get monetized, it’s not a quick rich scheme but a very productive one.
  2. Ensure that your videos are original and focused on providing useful information.
  3. You can monetize with advertisements, take online surveys and many more.

4. Selling On E-commerce Sites, Konga Or Jumia

Konga and Jumia are one of the largest online shops or marketplace in Africa, as these platforms provide opportunities for you to sell your products and benefit from their promotion and sales. 

This is one of the quickest ways to make money online in Nigeria, if you have a product to sell. Since Jumia and Konga sell items like equipment, accessories, home appliances and different products, you can decide to register, complete an onboarding training then promote your goods and services.

5. Sell Designs & Creatives Online

You have probably heard of Fiver mentioned a lot of times, because it is one of the simplest and easiest platforms for making money in Nigeria. But if you haven’t, basically it’s a freelance website where you can literally outsource anything as long as it is legal.

There are so many different ways to make money on Fiverr, just to name a few. You can do web and mobile design, animations, logo design, product design, packaging designs, social media design, photoshop editing, 3D models and many more.

Head over and check out Fiverr guys, it a

Legit way of making money in Nigeria.

Conclusion

There are lots of legitimate ways to make money online in Nigeria, however, time, dedication and patience are highly needed to become successful in any of your online businesses.

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