20+ Best Ways To Make Money Online in Nigeria in 2024
You can make money online regardless of your location in the world; Nigeria is not left out, either. People are finding vast ways of making money online, either as extra income or as their primary source of income. You can reach your financial breakthrough by making money on the internet.
As a millennial, ensuring you consider making money online is essential. Especially when you are in Africa, there are minimal job vacancies, and some may require you to bribe for a position. Additionally, when you get these jobs, the pay is not good enough to sustain your daily needs. Therefore, making money online is a good option.
The advantage part is that making money online in Nigeria does not discriminate. You do not have to be of a certain age or gender for you to earn good money. You will become your boss, you will work at your own pace, and most importantly, you can work in the comfort of your home. Becoming rich over the internet has become a norm in the current days.
Read my 20+ ways how to make money online in Nigeria; this article contains all my long-time research on how to make money online, most notably in Nigeria.
Disclaimer: Some of the products I am recommending in this article include affiliate links, I will get a small commission when you use any of the products prescribed in this post at no extra cost to you. You can read my affiliate disclosure in my privacy policy.
Let’s get started.
1. Joining Affiliate Marketing Programs
Joining Affiliate marketing is one of the best ways of making money online in Nigeria. Affiliate marketing means that you look for partnerships with brands and businesses that are in line with your website.
Mentioning a product or a service means that you are linking to the product or service using a unique affiliate link once you sign up for the affiliate program.
Henceforth, you will be able to earn money every time a person buys the product or service using your unique referral link.
It is essential to partner with affiliates that are related to your concept of work. For example, if you are a make-up artist or beauty-related guru, ensure that your affiliates are linked to brands that deal with make-up or skincare products.
Additionally, you can choose to sign up for an affiliate network, which offers different affiliates in a single entity.
Therefore, you will be able to understand what works and what does not work overtime.
Many people indeed prefer buying products online. As an affiliate marketer, you should ensure that you take advantage of this and make money online.
Affiliate marketing is also suitable for people with little to no marketing or sales experience.
List Of Highest Paying Affiliate Networks In Nigeria
- Jumia Affiliate Program.
- Konga Affiliate Program.
- Web4Africa Affiliate Program.
- Wakanow Affiliate Program.
- WhoGoHost Affiliate Program.
- Travelstart Affiliate Program.
- Grammarly Affiliate Program.
- Aliexpress Affiliate Program.
- Commission Junction (CJ)
- Click Funnel Affiliate Program.
- Shopify Affiliate Program
Some of these affiliate marketing programs have their preferred monetization models; these models can be…
- Pay-Per-Click (PPC): This is an advertising model called CPC, where you are paid for every traffic you send to the affiliate product. It doesn’t matter if the person buys the product or not.
- Pay Per Sale (PPS): You make money online when the purchase is completed. The advertiser pays you a percentage of the product sales price.
- Pay Per Lead (PPL): In this type of advertising model, the advertiser pays you depending on the conversion of lead. Lead conversion can be submitting an email, downloading software, etc.
The important thing is that you should ensure that you have a good following, people who will believe your word if you recommend a service or a product.
The more they buy through your affiliate link and code, the more commission you get. The products and services can be promoted online through Instagram, Facebook, YouTube, Blogs, or any other social media platform.
2. Make Money Online With Blogging
It is one of the top ways you can make money online in Nigeria. Currently, blogging is considered the top online business in Nigeria. What is more fun is that anyone can do it. There are no restrictions on becoming a blogger in Nigeria.
Blogging involves the sharing of information. The range of the data can be from any topic, such as news, sports, local stories, comedy, fashion, or anything else.
Once you start a blog page, ensure that there is traffic to your blog by creating content that most people will like. Then, use Google AdSense, or you can sign up with an affiliate marketing program to promote their products; with this, you are going to make money from your blog content.
The advantage of blogging is that working hard and building your blog as your brand will help you make money even when you are asleep. You will be able to notice dollars coming into your AdSense account. You will not need to work daily for yourself to make good money.
Blogging can make you productive at a faster rate if you focus on it and ensure you create content that people will like. However, the challenge is doing things right and building an audience.
The best step is to start a WordPress blog with Bluehost, and If you are new to blogging, you can check out my step-by-step guide on how to launch a successful blog.
After reading the guide and being successful in setting up your WordPress site, the next step is to study different blog niches and find the ones with a good number of audiences. A tool like Semrush and the Long Tail Pro will help you analyze the data.
After finding your niche, focus on writing great content that people will be willing to read, then engage in link building to increase your site’s domain authority. Write product reviews on those niches and drive traffic to your posts to make sales.
3. Start A YouTube Channel
YouTube is a platform that has enabled many people to earn money online. There are different channels with various topics you would never think of, and most of these individuals are making good money off of YouTube. Do not be intimated by those who have already made it on the platform. However, learn from them as most of them create videos that help new YouTubers get an idea of what YouTube is all about and how you can make money.
You can either use your phone or a camera to make videos. Ensure that your videos are of high quality and they are entertaining. Do not make them too long or too short. Additionally, be consistent in making these videos. The only skill you will require is understanding how to edit your videos. You can learn these things from YouTube! See? You can learn from the same platform how to make your content enjoyable.
You can make videos of anything. You only need to upload the video on YouTube and share it across different social media platforms. Build your brand, and more prominent brands will consider you a partner. This will create extra income for you. Use Google AdSense, affiliate marketing, and other methods to make money as you get views on your video.
Examples of famous YouTubers in Nigeria include Mark Angel Comedy and Emmanuela. Even though they are now big brands, still at the end of the video, they ask their viewers to subscribe to their channels. Learn from that.
If you want to become a professional video editor, some courses can help you achieve your dreams. Go to places like Udemy, Skillshare, and so on, enroll in a course, and acquire the necessary skills needed to become a professional video editor.
4. Become A High-Paid Remote Freelancer
If you have writing skills and creative talent, it is possible to get money from creating online content. There are different freelance writing companies in Nigeria, such as Content Writers NIG Ltd, Upwork, Guru, and Fiverr. All you will require is a good phone, a tablet, a laptop, and a good internet connection. Through your hard work and determination, you will be able to earn more money online.
Freelance writing has enabled many youths in Nigeria to get employment and create employment opportunities for others. It is not only limited to writing, as there are people who subscribe and proofread.
Also, you can become a graphic designer or programmer. Use your skills to make money online. Just apply for these jobs, and you will be surprised at the number of people who require your expertise.
As a freelancer, you can work from the comfort of your home and choose the times you need to work. Freelancing in Nigeria has gained popularity over the years. You can want to be a full-time, freelance part-time freelance. Many people doing these jobs are making more money than the average salary in Nigeria.
5. Trading Cryptocurrency
Cryptocurrency is becoming more famous in Nigeria. Different cryptocurrencies have emerged that you can choose from if you are in Nigeria. There are so many businesses that accept cryptocurrencies as a method of payment in Nigeria. People speculate that cryptocurrency will replace the money we are currently using.
Therefore, it needs to be considered an investment move and make money from it.
You will be required to research and understand the market so that you not lose money. You are required to buy when it is low and sell when it is high.
There are different ways you can make money from Cryptocurrencies. For example, you can join Quidax when using Bitcoin. The platform has made trading Bitcoin very easy. Also, Quidax makes the trade very secure, and you do not have to worry about losing your money.
You can also download Luno App on your mobile phone to speed up your cryptocurrency trade
In the future, Cryptocurrency will still be an excellent option to make money online in Nigeria.
6. Make Money With WinApay Quiz
This is an innovative method to make money online in Nigeria. You answer questions, and you are paid for it. If you are familiar with different topics, you should consider signing up for WinApay. The topics range from fashion, politics, health, sports, and much more. You can answer ten simple questions and win N2000 to N5000 for each round that you play.
The idea that you only need to answer questions and get paid is exhilarating, right? Make your day productive and make money online through the platform. However, if you wish to make more money with the platform, become an Affiliate of WinAplay. You will be paid N1000 for each person that you register to WinAplay as an affiliate.
Activation of an affiliate account requires you to pay N1500. All the earnings are paid straight into your bank account and be withdrawn at any time.
It is 100% Legit and Easy. Over 1000 people are paid monthly, and you can join the numbers too.
7. Create Online Courses
You can start an online course that you can market online if you have the skills to teach others. This can range from cooking, marketing, and freelance writing to creating DIYs (Do It Yourself). People will have to buy your course for you to make money.
In Nigeria, this is considered a top way of making money online. Online courses have the capability of making you productive. However, you should brace yourself as this takes a lot of jobs.
Many people worldwide are looking for ways to learn new things through the Internet. The internet is thus considered the number one classroom. You can embrace this opportunity and create some money for yourself.
Many platforms have come up to ensure that teaching is made accessible online. These platforms include Udemy and Skillshare.
To create your first online course, it is not a must that you will be an expert in the field. Your students can be newbies who don’t have any knowledge of the topic you are teaching.
But to attain some level of expertise in your teachings, pick a topic you are interested in and find one or two most-selling books relating to the matter. Read it up and teach like an expert.
8. Social Media Marketing
Many businesses are using social media influencers to help their businesses find their audience on social media. However, you do not have to be an influencer to do this job. You are required to have an effective platform where you engage with your audience and have a good following.
In Nigeria, many people spend too much time on social media platforms such as Facebook, Twitter, and Instagram. This has created an opportunity for businesses and organizations to reach their target audience and generate more revenue through sales.
To be a social media marketer, it is vital to be familiar with the algorithm of the target market on a social media platform. You need to understand how you can use the platforms to help your brand and other businesses grow.
As many businesses embrace the internet, social media marketing will keep creating an opportunity for people to shine as an online money-making strategy in Nigeria.
9. Start An eCommerce Business
eCommerce can make you lots of money quickly. It involves buying and selling products online. Ensure that you come up with a business that can help people get their products either at their homes or a place near them.
For example, you can start a business supplying fresh fruits and vegetables to people in urban areas in Nigeria.
The best part is that you do not have to have a website as you are starting. You can open an account on Instagram, Facebook, Twitter, and other platforms as an online shop. Sell unique and quality products to ensure that the customers who purchase from you can recommend you to others. This will help you create a community.
It is essential to ensure that you engage your customers. Listen to what they want and take their suggestion into consideration. You can borrow inventories from leading businesses and build an empire for yourself.
10. Start A Successful Podcasts
A podcast is a form of audio broadcasting on the web. It can be listened to on the go while commuting to the office or even while working. It is a means of passing information to people, and it does not require the full audience’s attention like blog posts and videos.
Podcasts can also be used as a source of revenue stream in Nigeria. The popularity of podcasts has increased over the years. Some businesses engage people with podcasts to create an audience for their products and to boost overall performance. An example is Pulse, which leverages podcasts to make extra money.
You will need first to understand the monetization strategies that different podcasts in Nigeria are using. This will make it easier for you as a beginner to understand the dynamics of podcasts.
There are different types of podcasts which include.
- The Interview Podcast: This is a kind of podcast where you interview people based on research terms or anything related to that. It requires most two people.
- The Solo Podcast: This is a kind of Podcast that requires only one person to present a monologue. The content in this kind of podcast is mostly opinion-based.
- The Multi-Host Podcast: As the name sounds, this kind of podcast requires more than two people. It can be in the form of a debate or a round-table discussion.
11. Become A Day Trader
Day trading simply involves buying and selling a financial instrument within the same day. Traders usually do this by capitalizing on the short-term fluctuations in price to make a profit.
Day trading is quite risky, and if not done correctly, a trader may end up with massive losses. However, once you have mastered the simple strategies, you should be able to profit from the money markets.
Day trading involves identifying volatile stocks and buying them for a short period. Because of the high risk associated with this trading, traders keep these stocks for only short periods. Indeed.com and jobmonkey.com are some of the places to get started on finding day trading jobs.
12. Social Media Manager
For millennials who especially love social media, being a social media manager could be an excellent opportunity to earn while doing something that you like.
Thanks to the changing times, companies and businesses are now looking for ways to interact more freely and frequently with their customers. One of the ways to do this is by enhancing their social media presence.
As a social media manager, you will be in charge of the company’s social media handles. This means that you will be active on all their platforms by promoting content and deals and interacting with their followers. You may have to answer some of their followers’ questions, so it might help to know about the company’s operations.
This is a relatively new scope of online jobs, so getting a job may not be secure. However, popular freelancing job boards such as Upwork often have these listings. Alternatively, you can approach a local business directly and offer your services. If you are passionate about social media and can demonstrate this by having a sizeable following, then your chances of getting hired are much higher.
13. Start A Data Entry Job
Many companies now require the services of data entry clerks to enter some data into their systems. This kind of data could be used to measure the business’ performance or even inventory tracking and shipment.
Data entry is one of the most straightforward online jobs to get started on. This is because all you need is a computer, an internet connection, and excellent typing skills.
14. Start Telemarketing Business
If you are a well-organized person with sharp communication skills, telemarketing may be an excellent option.
Many telecommuting companies now outsource some of their work. A quick search on the internet should help you identify these companies. Telecommuters are usually paid by the hour, so a few hours each day should help you make something extra.
To find out the latest telemarketing job around you, simply head to Google and search for Telemarketing Jobs
15. Paid Online Surveys
When it comes to taking surveys, you will have to be extra careful. There are many scam opportunities that people are taking surveys are prone to. However, a couple of legitimate survey sites allow you to earn money online in Nigeria by answering a few questions.
Apart from answering questions, you may be given a little task to be accomplished and get paid.
It can, for example, watch videos, take micro-tasks, take offers, play games, and more.
In other words, I would also like to let you know that taking surveys online is not the best way to make money online in Nigeria, and you never reach your financial breakthrough by partaking in online surveys.
Find out the best survey sites available in Nigeria today.
16. Become A Virtual Assistant
The world is quickly becoming a virtual office workspace. Many people have their businesses operating purely online. These people often seek virtual assistants to help coordinate all their activities.
As a virtual assistant, you will need to be highly organized with a great understanding of how the computer works.
A couple of organizational skills certificates will help put you at a better place in the market.
17. Pet-sitter
Some websites, such as DogVacay.com and Petsit.com, help pet owners find people who are willing to have their pets when they are out of town.
As a sitter, you will get to set your rates and hours. You also get to choose whether to have the pets brought to your home or watch them from the owner’s house.
If you are a pet lover, this could be a good gig.
18. Mini Importation
It is an online business that involves small-scale importation. Individuals who have little capital can import products at a lower price and sell them in Nigeria at a higher price. The company consists of buying and selling products.
Understanding the dynamics of this job can help you since it is lucrative. Mini importation can help you reach a financial breakthrough and financial freedom.
However, you will need to research what goods are on-demand in Nigeria and hop on that opportunity to supply them to people. This will increase your chances of succeeding. Like any other business, mini importation requires you to research the market.
19. Start A Dropshipping Business
This is another promising way of making money online. Nigeria is a potential marketplace for this business because of the higher population density.
Dropshipping is a method of supply chain management where the retailer takes orders from customers and transfers them as well as the shipment details to the manufacturer. The goods are then shipped directly to the customers.
Nigeria is a predominantly English-speaking country. Therefore, there will be minimal to no problems regarding documentation as well as the creation of content.
It makes it easy for you as a business person to create campaigns and content for Nigerians. This can be extended to other countries, such as the U.S., and the best part is that you will not need to pay for translation services.
This online business is a risk-free endeavor in the country. There will be no extra costs for holding inventories and shipping goods.
Therefore, you will have more time to focus on the growth of the business by marketing, developing, and building relationships.
To learn how to start a Dropshipping business in Nigeria, here is an article I recommend for you: How to start a Dropshipping business in Nigeria.
Conclusion
Online jobs are a great way to get some more money besides your income. The good thing is that all these jobs above require no experience. Although getting started may be a bit tough, once you get the hang of things, you should be able to work comfortably from anywhere in the world.
There are different varieties that people can use in the current world to generate income. The ones mentioned above are just a few that people in Nigeria can use to make money in 2024. If you are passionate, creative, and have time for anything, creating and building an online revenue stream is possible.
The opportunities are endless. However, ensure that you are determined and consistent, and do your research. It might take longer for you to find your footing, but the rewards will be worth it.
Frequently Asked Questions (FAQ)
1. How can I make money online legally in Nigeria?
I have made time to list all the ways to make money online in Nigeria; all the methods mentioned above are legit; of course, I can’t write illegal ways of making money online.
2. How can a Nigerian student make money online?
You can make money online as a student in Nigeria by:
- I am becoming a freelancer.
- Become a niche blogger.
- Perform paid online surveys.
- Submit stories to media companies.
These and many others are the best ways to make money online in Nigeria as a student.
