Are you looking for sure ways to make money online in Nigeria? Maybe you need to replace your job or find another means of income to pay a few bills.
No matter what your reason is, there are multiple ways to make money online in Nigeria legally, morally, and ethically.
As Nigeria faces a 16.63% inflation rate and Nigeria’s youth unemployment rate is projected to trend around 53.00% in 2022 and 51.00% in 2023.
Making money in Nigeria becomes a real challenge, and many Nigerians today want to do anything just to make that dough.
That’s just how things are, and you must learn how to separate yourself from the many and stand out by learning how to make legit money online without delving into fraudulent activities.
Today, I will be showing you 5 sure ways to make money online in Nigeria legally, morally, and ethically working just from the comfort of your home.
Table of Contents
Making Money Online In Nigeria: Why You Should Consider It?
In Nigeria, there are many advantages to making money online. The benefits of working and making money online are endless.
- Working online can be an additional source of income. In addition to your 9-5 job, you can spend a few hours on the Internet and earn extra income.
- Your schedule is completely up to you. There’s no other job that gives you such freedom as working online.
- There is little or no need for money. Working online does not require much capital. The only thing you need is a computer and an internet connection.
- When you work online, there is no additional cost like transportation costs, office costs, etc.
What is the Fastest Way to Make Money Online in Nigeria?
Although there are several ways to make money online in Nigeria, there is no guarantee that one is faster than another.
There are a lot of articles online talking about fast ways to make money online in Nigeria but I want you to understand that “FAST” does not mean “IMMEDIATE” so don’t be deluded by making money fast online.
What you should be more concerned with should be how profitable and sure it is for you to make money with that particular thing now or later.
When you know this upfront, it will be easier for you to make money with whatever thing you do online since you’re not bordering much on making money fast but making money for sure.
Why I’m telling you all this is because I’ve fallen into the same trap multiple times, so understand this now and you will make your journey to making money online very easy.
Sure Ways to Make Money Online In Nigeria
Here are the main 5 sure ways to make legit money online in Nigeria:
1. Make Money By Freelancing
Online freelance work is one of the sure ways to make money online in Nigeria.
It is possible to make money online in Nigeria for free by freelancing.
However, to make money online with freelancing you will need a high-income skill.
It doesn’t matter what your skills are – whether it’s UI/UX design, web design, content writing, researching, graphic design, proofreading, coding, or any other high-income skills – you can work online and make money.
Difficulty Level: Medium
Result Speed: Medium
2. Become A YouTube Video Blogger
Make extra money online in Nigeria by starting your own YouTube channel.
However, making money with YouTube is more time-consuming…
But there are many opportunities that YouTube offers with its over 5 billion videos watched daily.
Online video watchers spend so much time watching inspiring, entertaining, and educational videos.
Start a video blogging career on YouTube by registering an account with your channel.
Create video content for your YouTube channel if you are comfortable speaking in front of a camera and have expertise in a niche or a certain field.
While building a large following on YouTube requires time and effort, one who is proficient in video editing and marketing strategies like SEO and social media marketing will be able to make money through YouTube ads and sponsorships.
You can start a channel on product reviews, comedy, tutorials, tech review videos, ebook reviews, cooking tips, etc.
Difficulty Level: Easy
Result Speed: Slow
3. Start A Blog
One of the easiest ways to make money online in Nigeria is to become a blogger.
Any Nigerian can start this online business, and it is the hottest in the country.
In blogging, you share information with others. You can write about anything.
Whether it’s business, motivation, news, politics, sports, beards, animals, jokes, local stories…anything goes. There is no subject off-limits.
The good news is that blogging can generate multiple revenue streams, including:
- Displaying Google ads on your blog
- Earning money through affiliate marketing
- Creating online courses
- Selling e-books through your blog
- Charging for freelance services
- Advertise brands and products on your blog
- Set up an e-commerce store on your blog (sell products)
Blogs allow you to work whenever you want and don’t take up most of your day.
Blogs are also highly flexible.
It’s quite different from many other jobs which require lots of time and unnecessary needs like office space.
You can work on it from home or anywhere in your comfort zone.
However, it takes time and skill for you to start making money from blogging, so you need to take this into account.
Once you start a blog, you get traffic to your blog…You can start making money with it forever.
Difficulty Level: Easy
Capital: Less than $100
Result Speed: Medium
4. Become An Affiliate Marketer
In affiliate marketing, you refer customers to products or services you don’t own and then receive a commission.
It’s as simple as that.
Making money online this way is very reliable.
Consider this opportunity if you are skilled at marketing or a competent salesperson.
Affiliate marketing would be a good fit for you if you have charisma and are comfortable with talking to people.
Finding an affiliate network and joining it is the only thing you need to do. Once you’ve joined, pick out products to promote.
If you have a blog or social media account, you can promote them there.
Imagine that you are promoting a product that costs N20,000 with a 50% commission.
You have nearly 20,000 blog monthly visitors, 10,000 TikTok followers, and 15000 Twitter followers, along with some via Instagram, WhatsApp, and other social media networks.
You promote the product to them, and about 1000 of them purchase the product from your link.
Thus, your total sales will be N20,000 X 1000 = N20 million. At 50%, your commission will be N10 million.
Isn’t that great?
Getting started with affiliate marketing and earning money online isn’t difficult in Nigeria since you have quite a few affiliate programs to choose from.
Difficulty Level: Hard
Result Speed: Fast
5. Do CPA Marketing (The Most Easiest Way To Make Money Online)
If I say the most easiest way to make money online in Nigeria, I mean it.
CPA marketing is in fact not only for beginners, but it’s also for experts too.
CPA stands for “Cost Per Action”.
How does cost-per-action marketing work?
The idea is that you are rewarded for each lead you generate.
By lead, I mean, any customer referred to carry out a particular desired action.
The term refers to making people take some action (like sending an email, registering an account, or filling out a form), and getting paid for it.
I think it’s by far the easiest and fastest way to make money online with little or no investment.
To do it, you do not have to be a guru, nor do you have to have a site; however, if you already have a site, you will work better when applying for approval from CPA networks.
Leads do not necessarily have to purchase a product or service to use it, as in affiliate marketing.
Instead, you refer the lead to the vendor, and then the vendor handles the rest.
Difficulty Level: Easy
Result Speed: Fast
FAQ on Sure Ways to Make Money Online In Nigeria
What Are The Legit Ways To Make Money Online in Nigeria?
All the methods discussed in this article are legitimate and sure ways to make money online in Nigeria.
Consider the field in which you have the skills or passion to start making money online in Nigeria.
How Can I Make Fast Money Online?
As I discussed above earlier, “FAST” is an overstatement. There is no easy fast way to make money online.
For fortune to come your way, you have to work hard and be consistent.
To make money fast online in Nigeria, you have to have the required skills and also put in the work.
Your efforts will be rewarded for a lifetime once you have managed to set up the system.
What are the most popular ways to make money online in Nigeria?
There are several popular ways to make money online in Nigeria, including:
1. Freelancing: Offering services like writing, graphic design, web development, or digital marketing on platforms like Upwork, Fiverr, or Freelancer.
2. Blogging: Creating a blog and monetizing it through ads, affiliate marketing, or sponsored content.
3. Affiliate Marketing: Promoting products or services and earning commissions for each sale or lead generated through your referral links.
4. E-commerce: Starting an online store to sell physical or digital products.
5. Online surveys and market research: Participating in paid surveys or market research studies.
6. Online tutoring and teaching: Offering your expertise in subjects or skills through platforms like Udemy, Teachable, or by providing private online tutoring.
7. Content creation: Creating and monetizing content on platforms like YouTube, TikTok, or Instagram through ads, sponsorships, or merchandise sales.
Is it legal to make money online in Nigeria?
Yes, it is legal to make money online in Nigeria.
However, you should comply with local tax laws and regulations and report your online income as required.
Additionally, be cautious of online scams and fraudulent schemes, and always do your due diligence before investing money or time into any online opportunity.
How can I receive payments for my online earnings in Nigeria?
To receive payments for your online earnings in Nigeria, you can use various methods, including:
1. Bank Transfer: Many online platforms and clients offer direct bank transfers as a payment option.
2. Payment Processors: Explore Nigerian payment processors like Paystack, and Flutterwave and also foreign payment processors like Payoneer, PayPal, and Skrill for online payment solutions.
3. Cryptocurrency: Some platforms and clients may offer cryptocurrency payments, which can be converted to Naira through cryptocurrency exchanges.
How much can I earn through online methods in Nigeria?
Earnings from online methods in Nigeria can vary widely depending on your skills, effort, and the method you choose.
Some individuals make a substantial income, while others use online opportunities as a supplementary income source.
Your earnings may also depend on factors like demand for your services or products and the time and effort you invest.
Are there any online money-making opportunities to avoid in Nigeria?
Yes, some online money-making opportunities are more risky or prone to scams. Be cautious of:
1. Get-Rich-Quick Schemes: Any opportunity promising unrealistic earnings with minimal effort is likely a scam.
2. Ponzi Schemes: These schemes promise high returns on investment but rely on new investors to pay returns to earlier participants, making them unsustainable and illegal.
3. Online Gambling: While some forms of online gambling are legal, excessive gambling can lead to financial problems.
How can I protect myself from online scams and fraud?
To protect yourself from scams and fraud:
1. Research: Investigate any opportunity thoroughly before investing time or money.
2. Use Trusted Platforms: Work with reputable online platforms and clients.
3. Avoid Sharing Personal Information: Be cautious about sharing personal or financial information online.
4. Educate Yourself: Learn about common online scams and how to recognize them.
Do I need specific skills or qualifications to make money online in Nigeria?
No, you don’t always need specific qualifications.
However, having skills relevant to your chosen online method can greatly improve your earning potential.
Many online opportunities require skills like writing, design, coding, marketing, or teaching.
You can also learn these skills through online courses and resources.
Can I combine multiple online money-making methods in Nigeria?
Yes, you can combine multiple online methods to increase your income.
For example, you might combine freelancing with blogging, affiliate marketing, or e-commerce to diversify your sources of revenue.
Where can I find more information and resources on making money online in Nigeria?
To learn more about making money online in Nigeria, you can:
1. Join Online Communities: Participate in online forums, social media groups, or communities dedicated to online entrepreneurship and money-making opportunities.
2. Read Blogs and Books: Explore blogs, books, and online courses that provide guidance on various online income streams.
3. Attend Webinars and Workshops: Look for webinars and workshops hosted by experts in online entrepreneurship.
Conclusion on Sure Ways to Make Money Online In Nigeria
This list of 5 sure ways to make money online in Nigeria should provide you with ideas as well as platforms to start earning money online right now.
Working hard and being consistent will be necessary.
However, you’ll find that the end results will be well worth the effort when you find yourself on the road to financial freedom in no time at all.
In Nigeria, making money online should be a delightful experience, not a burden.
My goal is to see you reach the top uplifting others as well.
In that regard, if you have any questions, kindly post them in the comments section…I’ll be happy to answer them.