Despite the fact that Nigeria is the largest economy in Africa having an ever-growing GDP, Nigeria still suffers from persistent doubled digit inflation rates that lead to their currency plunging in value.
The lack of jobs contribute to Nigeria’s striking unemployment rate as high as 23.1% in late 2018 which was nearly a quarter of the Nigerian population without jobs!
The most interesting news is that even though there might not be full-time jobs for you out there, you can create your own.
Don’t allow your talent to be a waste, Kennaija have selected about 14 Easiest and Amazing ways which you can make money without having a government job.
You don’t need any Capital to start all need is a computer or mobile phone and working Internet connection, once you have them, you are already halfway to making money online. The only money you need is to buy data.
The following are the 14 ways to make money online.
The easiest or commonest way of making money online is blogging. Blogging is still the number one
opportunity to make money online in Nigeria. It is the best and hottest online business in Nigeria that anyone can do.
A blog is an online journal or informational website displaying information in reverse chronological order, with the latest posts appearing first, at the top. It is a platform where a writer or a group of writers share their views on an individual subject.
Blogging is all about sharing information or sharing what you have to the public. It could be about anything. From news, entertainment, lifestyle, business, beauty, inspiration, politics, sports, animals, jokes, local stories, anything at all. You can start a blog about anything.
Once you start a blog, you get traffic to your blog. Then you can use Google AdSense, affiliate marketing and other methods to make money from your blog.
The wonderful thing about blogging is that if you work hard and build your blog, you will be making money while you sleep. You will wake up and see dollars in your AdSense account. It can make you rich. It can make you a millionaire. But the challenge is doing things right and building your audience.
2. Trading bitcoin (Buying and Selling of Bitcoins)
When high inflation rates and inaccessibility to banks make it insensible to deal with naira, it’s the perfect timing to look into cryptocurrencies as an alternative as these digital assets are decentralized, unaffected by economic recessions, and can be traded instantly.
Using peer-to-peer marketplaces such as Paxful, you can obtain bitcoin in various ways including but not limited to gift cards, PayPal or cash deposits, etc. Play around with exchange rates, bitcoin’s prices, and foreign exchange rates and you can make a big profit.
3. Sell on Konga.
Selling on Konga is another good way of making money online in Nigeria. From the comfort of your home, you can make money selling on Konga.com. Konga is one of Nigeria’s biggest online stores with millions of users every month.
You can take advantage of this big
platform. Create an account with them. Source for trending products, list them on Konga and sell them. When people order for a product, you get logistics companies to supply. Or allow Konga to handle delivery for you while you make money, it is very simple.
4. Affiliate marketing.
Affiliate marketing is a very reliable way of making money online. If you are good at marketing or you are a good sales person, you should consider this. If you have charisma and you are the type of person that is good with conversation, you should seriously think about affiliate marketing. Affiliate marketing is all about recommending products to people online, if they buy through you, you get a commission. It is that easy. All you need to do is find an affiliate network and join. Then pick roducts to promote. You can promote them on your Facebook pages or Groups, Instagram, any other social media or blog.
5.Social Media marketing.
Social media marketing is all about helping businesses, individuals and organizations find their audience customers on social media. The fact remains that, most Nigerians now spend their time on Facebook, Twitter, Instagram and other social media platforms. This has open up a new opportunities for businesses to reach people and make more sales. To be a social media marketer, you need to understand the algorithm of your target social media platform and how you can use it to convert for businesses or individuals. As more businesses embrace the internet, social media marketing will keep shining as one of the best ways to make money online in Nigeria.
6.Taking online surveys and watching videos.
There are more easy ways than watching videos to make quick money online. On InboxDollars, brands have paid users over $56 million worth of cash rewards to take online surveys, read emails, play video games and watch videos – and offered coupons for grocery stores, or freebies from top brands in exchange. Besides the money, what you’re doing is meaningful and reciprocal. Your responses on surveys will help big brands better design their products that match your interests, which you – the end-user will enjoy eventually.
7.Sell on E-commerce Websites.
Another legit way to make some extra cash online in Nigeria is by selling on e-commerce websites. Jumia, Konga, PayPorte are all e-commerce websites that allow a merchant to list and sell products online for
free. This list of websites exposes your product to a huge chunk of online audiences that you will not be able to access offline making it easier and faster to sell and make more money online.
8.Sell on Jumia.
Jumia is another big online platform in Nigeria. The website is one of the most visited websites in Nigeria. The visitors of the website are looking to shop for different items. From electronics, phones, clothing, household items, books and more. You can open a store with them and sell them. Source for product and list on the website. Once people buy, you
deliver and get paid. The good thing is, you can do this from home. You do not need a physical shop, you can sell online.
9. Start your online bank with V.
Another way to make money online is to start an Bank with V. You can start your online bank today with your mobile phone and make money recruiting people to your bank. You do not need a license or any documents to begin, all you need is your mobile phone! The process is straightforward. You can do this using an app called V. The app is owned by one of the biggest microfinance banks in Nigeria, VFD Microfinance Bank. They are regulated by the Central Bank of Nigeria.
All you have to do is go to Google Play Store or App store and download the app. (The app name is V by VFD Savi.ng)
After downloading, install. Remember to use
4PEYE as your referral code. Fill out the form and complete your registration.
Now you will have a bank account. It is advised that you at least put money into the app, even if it is just N2000. N2000 makes your account an active account. You can use the app to pay bills, buy airtime, transfer money, do cashless withdrawal and more.
Now on the app, click on more at the bottom of the screen and then click on start your bank. It will open to a browser, fill out the form and wait. It might take a day to get approved. Once approved, you will be ready to start your bank!
Once approved, sign into your agent account. You will see the referral code. Copy it. Then start using it to refer your friends. The more friends, the more you earn.
If you refer up to 30 friends who have a combined balance of up to N500, 000, you will earn up to N30,000 every month! If you refer 75 friends with a combined balance of N2 million, you will earn N50, 000 every month. For 100 friends with a combined balance of N5 million, you will earn N100, 000 every month. If you can refer 250 friends with combined balance of N7.5 million, you will earn N150, 000 a month. Now, if you refer up to 1000 people with a combined balance of N25, million, you will earn N500, 000 every month. Finally, if you can refer up to 2000 friends with a combined balance of N100 million, you will be earning N1 million every month.
10. YouTube Videos.
If you love making videos on your Phone or with a camera, you can make money uploading those videos on YouTube. YouTube is a video sharing platform. It can make you rich and it can also make you a star!.
You can make videos about anything. You can talk about anything. Just upload them to YouTube and share them across your social network. Build your brand. As you get views, use Google AdSense, affiliate marketing and other methods to make money from your videos.
11. Working freelance in, literally, every expertise.
Teaching and translating/interpreting of English are not the only ways you can make money online as a freelance.
Hop onto websites such as Upwork, Freelancer, or Fiverr, and you’ll see that there are job postings asking for help in various fields. Some of the most popular ones are:
i. Digital marketing -With more businesses aiming to build their online presence online, services like SEO,
email marketing, and social media marketing are always in demand nowadays.
ii. Copywriting – From blogs to sales copy and product descriptions, you can find a plethora of writing gigs that you can finish in just a few hours.
iii. Video editing– Many startups and influencers are looking for freelancers to create motion graphics, videos, and the like, so don’t miss out on these projects!
12. Publishing profitable online articles.
On online content-sharing platforms such as HubPages, anyone can create and monetize their blog posts, should they be helpful and resourceful for readers. As a Hubber, you can opt in to earn money by allowing Google AdSense and the HubPages Ad Program to place ads and products on your article. Some Hubbers have managed to earn nearly USD $1,000 monthly!
13. 8. Become a Virtual Tutor.
Becoming a Virtual Tutor is another way to make money online is by teaching others what you know. You can become a virtual tutor and engage in one- host on-one tutoring sessions or even
Webinars to help people directly with any number of topics. Nigerian websites like Tutors NG allows users to monetize their knowledge by creating online learning materials for others in need of specific knowledge.
14. Apps & Websites Testing .
The main aim is to improve online experiences for everyday internet users. Internet companies are always looking for real people like you, to test out new or existing mobile apps and websites so that
website owners, coders, and designers can
and evaluate the obstacles that real see people experience with their products. Most of the companies reward the testers in cash for each app or website tested.
Use your time and your talent to make money in this part of the world, don’t wait for any government work to come.
The above ways to make money online will be a guild to you just use it as an opportunity to blow. Thank you.