How to Make Money Online in Nigeria in 2023

Learn how to make money online as a side gig or full-time business for more income.

ByDecodeNaija Updated on
Make Money Online In Nigeria - Legit Ways

With the rapid growth of internet users and so many opportunities on how to make money online in Nigeria, it can be tough to figure out where to begin.

Don’t worry; DecodeNaija has collated the 30 best ways to make money online to achieve your financial goals fast and legitimately. Some are well-known, while others may be new to you.

Check this ultimate guide regularly for fresh information on how to make money online as possible side gigs or full-time businesses. We will keep the page updated, so bookmark it.

Now, let’s start with the best ways to make money online in Nigeria!

How to Make Money Online in Nigeria: Best Ways From Home

In selecting these ideas, we emphasized the ease of deployment from home and profit potential to collate the best suggestions for side hustles and budding entrepreneurs.

1. Start a Blog and Monetize

To start a blog, set up a web hosting account, purchase a domain name, then set up your blog using a blogging platform. You then create engaging content using blog SEO to drive traffic.

You can then monetize your blog by adding advertising banners or by partnering with affiliate programs (affiliate marketing). You can also sell digital products or services through your blog.

2. Start Affiliate Marketing

You can be an affiliate marketer by creating a website or blog, promoting products you believe in, and earning a commission when you get people to purchase through your website.

Once you have a steady stream of visitors, you can earn commissions and income through affiliate marketing programs, pay-per-click advertising, and sponsored posts.

3. Become an Influencer

Social media has become one of the most powerful tools to make money online. You can connect with friends and family while building a brand and selling products or services.

Influencers use social media marketing to share thoughts that impact many people and then leverage social media for sponsorships, product placements, and sales.

4. Do Digital Marketing Freelancing

Digital marketing is a key part of most businesses today. However, many small businesses don’t have the time or resources to do it themselves. This is an opportunity for freelance services.

There are many different platforms you can use to find work, such as Upwork, Fiverr, and Freelancer. You can directly market yourself through your website or social media pages.

5. Sell on eCommerce Platforms

All you have to do is register as a seller, upload your products, and you can start selling. These platforms have payment systems to receive payments from customers quickly and securely.

Making money online in Nigeria has become a reality for many due to the increasing number of eCommerce platforms such as Jumia and Konga. You can sell items without a physical store.

6. Start Dropshipping

Dropshipping is a business model to sell products without having to carry inventory. It’s simple to set up and manage, doesn’t require a large up-front investment, and can be a side hustle.

When a store owner receives an order, they contact the supplier, who will ship the products directly to the customer’s door. Shopify has a list of dropshipping suppliers to get started.

Making Money Online from Home

How to Make Money Online in Nigeria: Easy Free Ways

Here we emphasized start-up costs and profit potential to collate the best suggestions on making money online in Nigeria without investment beyond your sweat equity.

7. Become a Virtual Assistant

Becoming a virtual assistant is free and easy. You can start by looking for online job postings or searching virtual assistant job boards to find companies hiring virtual assistants.

In addition, you can create a profile on freelance websites such as Upwork or Freelancer and apply for virtual assistant jobs that match your skills and experience.

8. Become a Freelance Writer

If you have a way with words and enjoy writing, then freelance writing may be the perfect opportunity for you. It is a free way to make money online while controlling your work hours.

You can specialize in SEO content for blogs, affiliate marketing, business writing, etc. Develop a portfolio of your best work, then promote it on social media or a website.

9. Start Micro Jobs

Micro jobs are a free way to make money online, and many platforms offer them. They are small quick, and easy tasks that pay little but add up if you do enough.

You can find micro jobs in various categories, such as graphic design, programming, and data entry. Different platforms offer micro jobs, which you can sign up for now.

10. Sell your Photos

In this digital age, you don’t need a professional photographer to sell your photos and earn money online in Nigeria. There are online platforms that allow you to upload and sell photos.

To get started, choose the right high-quality photos, create a portfolio, then join stock photo marketplace websites like Shutterstock or iStockphoto to sell your photos.

11. Create and Sell Online Courses

To create and sell online courses, research to find course topics in demand, and then develop your own ideas based on what you think would be the most interesting or useful for students.

Once you have a course outline, start making your content by creating videos on the course or written tutorials or slideshows. Create a website to distribute your course and promote them.

12. Write and Publish eBooks on Amazon

Whether you’re a budding author or need to make some extra money from the comfort of your home, you can do it by publishing eBooks on Amazon.

You will need to learn how to put your words together into a cohesive story, format it for digital publishing, upload it to Amazon Kindle Direct Publishing, and finally launch it.

Low Cost Ideas to Make Money Online

How to Make Money Online in Nigeria: Real Ways As a Student

Here we focused on how to make money online without paying anything and with minimal professional experience so even a student can get up a running to earn money online.

13. Become an Online Tutor

There are many online tutoring opportunities, particularly if you want to teach English online as a second language. To get started, sign up for an account with online tutoring websites.

This can be the best way to make money online in Nigeria as a student once you have all the necessary skills and certifications, set up a schedule, and start advertising yourself.

14. Become a Translator

To become a translator, you need to have strong language skills and be able to translate documents quickly and accurately. Get trained on certification programs for translation.

You can find freelance job postings on platforms like Upwork, or you can create your own profile and solicit work directly from customers. Join language-specific forums to network and grow.

15. Start a Podcast

To start a podcast, research and choose topics with a target audience, then create free audio content to upload to platforms like Spotify, Apple Podcasts, and all major streaming sites.

Once you build listeners, you can earn money in Nigeria with advertising, sponsorships, and paid subscriptions. You can also create merchandise and offer exclusive content to subscribers.

16. Start Data Entry Jobs

Data entry jobs are quick ways to start making money online. They are simple and do not require a lot of training or experience. Many start their data entry careers by taking online courses.

Once you have the necessary skills, you can find work online with Indeed and LinkedIn. All you need is a computer and an internet connection.

17. Review Websites and Apps

If you want to earn money online and you know your way around websites and apps, you can provide reviews for them on platforms like UserTesting.

When you review websites and apps, you want to focus on the action points: what tasks you can do, whether the functions work as intended, if the icons are easy to find and use, etc.

18. Develop Mobile Apps

For the tech-savvy in Nigeria, developing mobile apps like loan apps can be a great way to make money online with the growing use of smartphones. It requires skills such as coding and design.

There are online resources available that provide tutorials on how to create apps, and much of the development process can be done remotely. Tough technical, building apps can be very lucrative.

Make Money Student Ideas

How to Earn Money Online in Nigeria: Legit Fast Ways

Here we emphasized on the time to earn money directly to your bank account in Nigeria. Some suggestions here involve investing risks that should be properly managed.

19. Drive for Uber or a Ride-Hailing Service

Driving for Uber or other ride-hailing services is one of the best legit ways to make money online in Nigeria. All you need to get started is to meet the company’s requirements.

Usually, these include having a valid driver’s license, owning a car that meets certain criteria, background check, and completing an application/registration process to earn income quickly.

20. Participate in Paid Surveys

You can sign up with survey companies that will send surveys related to how you shop, feel about certain products, and how you use the internet.

Taking these surveys is super easy: all you have to do is answer the questions as honestly as possible. You can earn (and save!) even more by referring friends or family members.

21. Trade Forex Online

Trading Forex online is a popular way to make money online. With the right information and research, one can make a profit if one understands how to trade currencies smartly.

To get started, it’s important to find a reputable online forex trading platform that can help access the markets to track opportunities to buy and sell while understanding the risks of trading.

22. Invest in Stock or Crypto Markets

Investing in stock or crypto markets can be a great way you can make money, but it’s important to understand the risks involved before you invest while ensuring good fundamental research.

You’ll need to establish an account with a broker or exchange to trade. Nigerians use the Nigerian Stock Exchange (NSE) for stock trading while using crypto exchanges to invest in crypto.

23. Buy and Sell Domain Names

Domain name flipping has become a popular way to earn money online in recent years because it’s easy to do, there’s a huge profit potential, and you can get started with very little money.

To get started, purchase a domain name, then list the domain for sale on popular marketplaces like Flippa and Sedo. Promote your sale with email marketing and social media marketing.

24. Rent your Property on Airbnb

If you want to make money online in Nigeria with your property, you can consider renting it out on Airbnb. You might have an extra room or rent out your entire home.

Either way, you can create a listing on Airbnb’s website and take in guests worldwide. With hundreds of travelers daily, you could rake in some nice profits from your listing.

Make Money Grow Fast Ideas

Ways to Earn Money Online with Social Media Apps

For these ideas, we focused on the top social media apps and how to make money online in Nigeria by watching videos or connecting with people online.

25. Create an Instagram Business: How to make money from Instagram?

To use Instagram for business, you create a business account and post content related to your products or services. Use hashtags to gain more visibility and interact with other users.

You can use Instagram’s advertising feature to target customers. Once you have built up an audience, you can start selling on Instagram or link them to your website to scale your sales.

26. Start a Facebook Business Page: How to make money from Facebook?

Start making money from Facebook by creating a Facebook page for your business and then adding content that will be of interest to your target audience, who will be potential buyers.

You then promote your products or services on Facebook, run ads, and sell products or services through your Facebook page. You can also do affiliate marketing to expand your earning potential.

27. Start a YouTube Channel: How to make money with YouTube?

With over 120 million monthly active users in Nigeria, YouTube can be a great source of income for content creators. The YouTube Partner Program allows you to earn money from ads and views.

To start, research and select a niche, create a YouTube account, make quality engaging videos, promote your videos to grow your audience, then earn income with affiliate marketing and ads.

28. Start a TikTok Channel: How to make money with TikTok?

Starting a TikTok account in Nigeria is a great way to share your creative content with the world and earn money with TikTok while you’re at it! This is now a popular social media marketing tool.

To start, choose and niche, create an account, upload compelling, engaging videos, promote and share your videos, then monetize them through ads, sponsorships, and affiliate marketing.

29. Start a Pinterest Account

If you’re looking for a creative way to make money online, Pinterest might be the answer. You can easily reach a large audience if you are able to create visually appealing pins.

To start, create an account on Pinterest and begin pinning content to your boards. When your content starts becoming popular, monetize with affiliate marketing, ads, and sponsored posts.

30. Start a Snapchat Account

Starting a Snapchat account is easy. All you need is a phone number and email address to get started. You then share videos and photos with your followers to keep an engaged audience.

To earn income, you can sell products or services, generate leads for your business, drive traffic to your website or blog, and use sponsored lenses and filters to promote brands and products.

Make Money Online with Social Media

FAQ: Make Money Online in Nigeria

How to make money online in Nigeria as a student for free

1. Become an Online Tutor
2. Become a Translator
3. Start a Podcast
4. Start Data Entry Jobs
5. Review Websites and Apps

How to make money online in Nigeria without spending a dime

1. Become a Virtual Assistant
2. Become a Freelance Writer
3. Start Micro Jobs
4. Sell your Photos
5. Create and Sell Online Courses

How to earn money with your phone?

1. Start a business with Jumia or Konga
2. Drive with Uber or Taxify/Bolt
3. Sell digital products or services
4. Sell unused data back to telcos
5. Invest in Stocks and Crypto

What are the best apps to make money online?

1. Facebook/Instagram
2. YouTube
3. TikTok
4. Fiverr
5. Upwork

How can I make money fast online in Nigeria?

1. Drive for Uber or a Ride-Hailing Service
2. Participate in Paid Surveys
3. Trade Forex Online
4. Invest in Stock or Crypto Markets
5. Buy and Sell Domain Names

How can I make $100 a day online?

1. Start a Blog and Monetize
2. Start Affiliate Marketing
3. Start a YouTube Channel
4. Become an Influencer
5. Do Digital Marketing Freelancing

Conclusion

Making money online in Nigeria is possible, and we’ve outlined 30 ways that are the most popular methods, so you can choose the one that best suits your skills and interests.

We also provided some tips on how to get started so that you can make money from home with ease, either as a side hustle or full-time business.

Which method are you going to try first? Whatever you choose, we’re confident that if you put in the time and effort, you can make money online to deliver your financial goals. Good luck!

DecodeNaija Blog

If you’re looking for more ideas on how to earn money online, then be sure to read our blog at DecodeNaija.

Here you’ll find even more guides to help you start with ideas and hacks on business, finance, and lifestyle.

So don’t wait any longer – take the plunge!

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