How Bloggers Make Money In Nigeria

When you hear that phrase "how to make money online in Nigeria " a number of positive association come to your mind. It is the kind of activity which is associated with endless possibilities to earn extra income, to work in a comfort of your home and it enables equal opportunities to everyone.

Making money online requires consistency and dedication and mainly patience, as Robert Collier said "success is the sum of small efforts, repeated day in and day out". It's great to hear that you decide to take advantage of the internet and increase your financial inflows.

I hated my 9–5 job role and decided to look for a legit ways to make money online in Nigeria and achieve financial freedom without leaving my house. When I started working online, I didn't find enough resources to guide me through this process, That's why I'm writing this article to motivate and push you to earn money online in Ghana.

Throughout this article, you will learn numerous ways on how to make money online in Nigeria. Although not all of them are going to be the right fit for you. Nor will you like all of them.

Some of those will require a specific knowledge which you either have, or you will need to acquire. Some methods of making money online require an investment, while some can be achieved with almost no money upfront at all.

This is why the possibilities are pretty vast and why this career is not something that is limited to a specific group of people. But before we continue here are the things you stand to gain when working online.

Benefit of Working Online

Flexibility

Working online offers huge flexibility because you have the power to schedule your working hours unlike office job where you're bound by the 9-5 office working time even when you have already finished the day's duty.

Become a boss

One of the benefits of working online is that it allows you to become a boss unlike in office work where you're likely to be shouted or scold by your boss even for the smallest mistakes.

Unlimited income

Don't get carried away just yet and expect six-figure income in a few months, but working online is quite flexible in terms of making money although It depends on the type of work you do, how much you work each month, etc.

While this is a good thing, as you are not limited by a monthly salary, you must be careful with money management, as there will be months when the income is low.

Quality family time

Working online gives you the freedom to schedule your working hours so that you can have some quality time to spend with family and friends, and also do more of the things you loves.

As you can see, there are a lot of things to think about when choosing this kind of a career. Hopefully, by the time you finish reading this article "how to make make money online in Ghana" you'll discover if this is the career to pursue and which of these jobs would be a real dream come true for you.

10 Proven Ways to Make Money Online in Nigeria in 2021

Depending on your skills, budget, time availability, and many more, you can choose from the article the way that you feel comfortable with and love to work on. These methods and platforms that I'm going to show can generate you secondary income streams or even be your main full-time job,

1. Blogging

If you are looking for some information on how to make money online in Nigeria than consider starting a blog . Blogging which first started out as a platform for sharing personal thoughts in online form has now grown into one of the essential and the most effective ways to make money online in Ghana.

The way blogging has evolved over the past decade has blown everyone's mind. During the last couple of years we have been witnessing thousands of blogs around the globe, both businesses and personal blogs turning into very profitable activities. It's safe to say, that blogging has become one of the most lucrative business ideas in Nigeria.

Starting a successful blog does not require much capital, nor technical skills or knowledge to get started, all you need is:

Laptop or smartphone with data connection

Domain name

Blogging platform (wordpress recommended)

Hosting provider (Bluehost recommended)

Even though learning how to start a blog is easy, this does not mean that everyone will be successful with blogging. There are thousands and millions of blogs out there that have never made a dime, and probably never will
never will.

If you are in the process of considering blogging as one of the ways to make money online in Nigeria, the first thing you will need to think about is to decide which blogging niche to venture into and secondly, how to monetize the blog to make money.

After you're done creating your blog, the next step to consider is how to create engaging content for your visitors (blog audience).

To create a content (blog post), here are some questions you need to ask yourself:

What kind of content will you publish?
Who is your target group? Who are you writing for?
Why do you want to write this content? What do you hope to achieve?
How often do you want to publish new content? Daily, weekly or monthly?
What is the purpose of your content? How do you wish to monetize it?

Once you're done answering these set of questions, head over to semrush to look for any long tail keyword with good monthly search volumes to write.

How bloggers make money in Ghana

There are many ways bloggers uses to monetize their blog and make money, you can as well check it out here. But for the sake of this post, here are they two main ways to make money from blog:

Affiliate marketing

Affiliate marketing is a very popular monetization tactic for bloggers who do not have products of their own to sell. Instead, they recommend and link to the products on third-party websites, in exchange for a percentage of the sale.

In affiliate marketing, there are two roles. Merchants, i.e., those who own the product or service that is promoted and affiliates, who promote those products or services.

Bloggers are affiliates. They join an affiliate program , obtain affiliate links and promote them through their blog content. Once the blog visitor clicks on the affiliate link, this is recorded using cookies. This way, the blogger is attributed the conversion, and the merchant then pays out the agreed commission, which is a percentage of the sale price.

In this case, the blog visitors do not have any additional cost. The blogger's income is based on the profit shared by the merchant in exchange for the promotion.

When you decide to use affiliate marketing to monetize your blog, these are the aspects you should have in mind:

Promote the products/services that your audience will be interested in to maximize the number of conversions
Promote the products/services you can vouch for (i.e., high-quality is a norm)
Join affiliate programs that offer the best terms (the highest commission, the longest cookie life, etc.)

Adsense

Adsense is the fastest ways to earn passive income. AdSense is one of the most profitable strategy if you are searching how to make money online in Nigeria through blogging. Adsense offers you a chance to monetize your visits by including
ad space on your blog.

It is a service offered by Google, which means that companies that want to advertise with Google AdWords program are the advertisers who will bid for the space on your blog. The ads are displayed for both desktop and mobile users.

Google uses complex algorithms to determine which ads will appear to your blog visitors and when. Since the system is designed to maximize profit, it will automatically select ads that are most relevant to your visitors, ensuring the highest conversion rate.

You do not have a direct say in which ads will be posted on your blog and which will not, however you have the option of
selecting and deselecting ads based on categories (more on this later).

Joining the AdSense program allows you a certain level of control. You choose where the ads appear on your blog, and you format the style of the ad to match your blog. You can choose categories of ads you want to allow on your blog. You can even block the ads you do not want your visitors to see. You earn money when the ads are seen or clicked, depending on the type of campaign.

To get started with AdSense, you will need:

A Google account
Blog with original content that complies with the program policies
A phone number and a mailing address, so you can get paid. Payments are sent once you reach a minimum amount , which is determined by the reporting currency.

2. Freelancing

Freelancing is one of the best ways on how to money online in Nigeria as a student who have a knack for writing and possess good grammar and research skills. You will only need a computer with the Internet.

Freelance writing has been growing in popularity, mainly because of the advantages it provides. Freelancing defies traditional job standards & requirements and brings equal opportunities for people worldwide.

No more job commuting, no more 8-5 workday, and dress code. People who were not able to fit into work environments and are unable to commute long distances can excel as freelancers.

However, things are not always as they seem. As with any other of these opportunities to earn money online in Nigeria freelancing also has drawbacks which is why the job might not be the right fit for just about anyone.

Who is a freelancer?

A freelancer is a self-employed person. This person works with clients, and this often includes working with multiple clients at the same time. Freelancers offer their services to other companies or even to individuals.

In terms of working hours, a freelancing job is quite a flexible one. Usually, there are no specific work hours during the day that a freelancer needs to work which gives them the freedom to organize their day more independently, as long as they leave enough time to complete all the work by the instructed deadline. Occasionally, clients might require for a freelancer to be available during a specified period of the day, but this is something both parties should agree upon upfront.

Freelancers can do this job as a full-time job which means they will devote all of their time to finding freelancing gigs. What this means is that their income entirely depends on the work they do and the projects they complete successfully. Unlike with traditional job, freelancers do not have a fixed salary. The income usually differs from month to month.

A certain part of freelancers retains their 9-5 job and do freelancing in their free time. This is a well known road to starting freelancing full-time. People keep their regular job until they have enough clients and experience to make their living through freelancing only. Keeping the old job provides security regarding steady income and sort of a "safety net" if things do not go as planned with freelancing.

Advantages of working as a freelancer

Here are the most important advantages to have in mind when you consider becoming a freelancer:

Flexible hours

Again, this is the best advantage one can get with freelancing. If you are not a morning person, you can set your work day to start at noon. Because, why not? The job allows you to do this, as long as you do all your tasks during the day.

Independence

As a freelancer, you work as an independent contractor. Unlike employees, you have more control of your work and you do not have obligations to complete the work you do not want. However, in this case, your reputation is at stake, and you risk losing a client.

Set your own price

Freelancers usually get paid more than employees. First of all, besides work hours freelancers also have to cover their overhead and other expenses which regular employees do not have.

All of this needs to be calculated in the freelancer's price. Furthermore, as a freelancer, you get to decide how much you are worth. You get to set your own price and only work with clients who are willing to pay that price.

Easy to start

If you already know how to provide a particular service, you most likely also have the equipment needed to do that. For example, if you are a web developer, chances are you already have a computer. This means that your costs to startup your freelancing career will be pretty minimal if existent at all.

Growing market

The global economy is developing in such a way that it welcomes more and more freelancers each year. Unlike traditional employees, freelancers become a better choice for companies who prefer not having to commit to an employee and to provide long-term contracts.

Instead, working with freelancers gives them more flexibility as well, which is why freelancing services are in such high demand this making it one of the best money making ideas in Nigeria.

No barriers

As a freelancer, you can work from anywhere, at home, office or work, for any company in the world. There really should be no barriers stopping you from seeking jobs globally. This opens up so many exciting opportunities.

Types of work you can do as a freelancer

There are a lot of different types of work you can do as a freelancer. Here are the ones that are popular in Nigeria

Writer

Becoming a freelance writer is one of the best ways on how to make money online in Nigeria as a student. Writing is one of the popular jobs in the freelance world. There's an increasing demand for quality writers around the globe as the digital world continues to flourish.

With contents being declared the king of modern marketing, many companies are in need of freelance writers who'll write and publish content for them.

Freelance writing is great for those who loves to write either creatively or in more formal styles. It is not necessary that you should be a professional writer or experience columnist to make money writing.

There are many different types of freelance writing jobs that are in demand. These includes:

Writing articles for blog owners (most popular)
Proofreading & editing
Writing legal documents, Agreements, contracts or wills
Transcription or writing essay etc.

These are but a few examples, but among those often sought by online businesses and clients.

Design and creative

Creative designer is a lucrative field of work if you want to learn how to make money online in Nigeria as a freelance designer. Businesses have a lot of design needs and don't always have someone in-house to create the content.

Experience designers often have more work than they can take on, but there's a catch. To succeed as a freelance designer, you will need a diverse portfolio to be able to show your prospects what type of work (and quality) you can produce.

A design portfolio is something you build over time, so keeping on top of industry trends, learning new tricks and developing your skills before going freelance is key.

There are many different types of freelance design jobs that are in hot demand. These includes:

Graphic design
Logo design
Photography
Presentation
Video and audio production
Animation etc.

Transcription/translation

As a transcriptionists your required to translate voice recording, conversations, interviews or presentations onto paper. I.e to a written form, often using dictation software.

If you have exceptional listening (good ear), typing skills and grammar skills, yes literally you can make money online in Nigeria freelancing as a transcriber.

As a general transcriber you'll be given the tapes of meetings, interviews, audio files and be expected to put the content of these down onto paper for record keeping purpose.

You can work through a professional transcription agency or purely off your own back – either way, you'll start to find the rates you can charge and what the going rates are.

There are many different types of freelance design jobs that are in hot demand. These includes:

Medical translation
Legal translation
General translation
Technical translation
Business and economy translation.

Data entry

Data entry is a simple job that students with basic computer and fast and accurate typing skills can do from the comfort of their computer. Typically, data entry work involves typing up data fast and accurately for clients. Many students earn money working part-time doing data entry jobs.

Where to find job as a freelancer?

There are many online platforms that offers jobs to freelancers, but the popular ones are:

Fiverr

Fiverr is an Israeli online marketplace for freelance services founded in 2010. The company provides a platform for freelancers to offer services to customers worldwide.

Fiverr works just like any other marketplace. Sellers list their services (gigs) and buyers who are interested in these services ask questions and if they are satisfied with answers, purchase them.

Fiverr works by letting buyers pay in advance for "gigs". Once you paid for gigs, Fiverr will then acts like a middleman guaranteeing both parties are happy with the end result.

Fiverr withholds 20% of every transaction. Once the seller delivered the gig (job) and the buyer confirmed the delivery, Fiverr will pay the seller within 2 weeks (faster if you are a trusted member).

Peopleperhour

Peopleperhour , popularly known as PPH is a high quality and trustworthy freelance website that allows buyers and sellers to connect so they can buy and sell digital services.

The major goal of people per hour is empowerment. They want to empower you to do what you love doing as a freelancer.

The great thing about PPH is that it is not just a Freelance Platform, it comes with a suite of other relevant, and useful features geared towards helping you manage and advance your business with ease.

As a freelancer on People per Hour, you can access invoicing tools, proposal review tools, and in-app messaging to help you get stuff done with convenience and serve your customers better.

Upwork

As compared to Fiverr, Upwork is more professional and thus strict on its policies. You can't sell gigs on Upwork. With Fiverr , you can sell anything from writing to development, with Upwork however, when you sign up, you have to put in your information detailing what you do.

The information you fill in will define your brand on the platform, which means you will most likely be forced to focus on doing a single thing. This is why the platform is the largest and popular.

Getting started as a freelancer

There are many different ways to start freelancing. One of the most common ways is to use freelancing websites such as Fiverr, Peopleperhour and many similar platforms.

The main reason why these are a jumping board for those starting with freelancing is that they enable you to begin immediately. All you need to do to get started is to create an account, and you can start browsing the jobs.

PS: these platforms have established a reputation in the online world and already have a considerable number of clients looking for freelancers. You will simply browse the platform looking for the specific jobs or skills, and you instantly get access to a massive number of job posts that match such search query.

3. Cryptocurrency

If you are looking for where to invest money in Nigeria then consider investing in cryptocurrency. I know this method seems to be different when being compared with the two methods listed. Here, you are using money to earn money.

What are cryptocurrencies?

Cryptocurrency is a digital or virtual currency that use a peer-to-peer network to prevent double-spending. Cryptocurrency cannot be controlled by central banks or governments; all transactions are noted in a public ledger that everybody can consult to keep track of transfers.

Cryptocurrency transactions are easy, fast and almost cost-free. Money transfer is anonymous because the system is based on 2 keys; a public one (published in the ledger) and a private one (kept secret by user).

How many different cryptocurrencies do exist?

Despite bitcoin being the first and most popular form of cryptocurrency, there are many others available nowadays and their number is growing. Up to today, cryptocurrencies are about 1,000, among them are Ethereum, Litecoin, Binance, Ripple, Dodge etc.

Bitcoin

The world's first cryptocurrency, bitcoin is a decentralized cryptocurrency originally described in October 31, 2008 as a whitepaper (a peer-to-peer electronic cash system) by its inventor Satoshi Nakamoto.

Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain .

Ethereum

Ethereum is a decentralized open source blockchain system that features it's own cryptocurrency known as Ether (ETH). Ether works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts .

Founded by Vitalik Buterin and co in 2013. Ethereum's own propoted goal is to become a global platform for decentralized applications, allowing user's from over the world to write, and run software that is resistant to censorship, downtime and fraud.

Binance

Binance Coin (BNB) is an exchange-based token created and issued by the cryptocurrency exchange Binance. Initially created on the Ethereum blockchain as an ERC-20 token in July 2017, BNB was migrated over to Binance Chain in February 2019 and became the native coin of the Binance Chain.

Binance Coin has seen massive growth in interest throughout the years. Several rounds of token burn events have appreciated BNB price and pushed it up as one of the top-10 cryptocurrencies by market capitalization.

Litecoin

Litecoin is a cryptocurrency that was founded in 2011, two years after bitcoin, by a former Google engineer named Charlie Lee.

Litecoin shares many similarities with bitcoin and is based on bitcoin's original source code. Measured by market capitalization, Litecoin is the ninth-largest cryptocurrency.

Initially, it was a strong competitor to bitcoin. However, as the cryptocurrency market has become more saturated in recent years with new offerings, Litecoin's popularity has waned.

Best Cryptocurrency Exchange in Nigeria

Cryptocurrency exchange are platforms that facilitate the buying and selling of cryptocurrencies around the world. For example, if you want to buy Bitcoin, you'll need to visit certain cryptocurrency exchange platforms to buy your coins. Without wasting much of your time, here are the best cryptocurrency exchange platforms in Nigeria:

Roqqu

Roqqu is the fastest and easiest way to buy, sell and securely store your Bitcoin and other cryptocurrencies. All these can be done via the web platform or through its app.

Since its inception, Roqqu has risen to become one of the best crypto exchangers in Nigeria. In fact I have been using roqqu as a platform to buy and sell my cryptocurrencies. Below is my recent transactions with the platform:

Binance wallet

Binance wallet is the world's leading blockchain ecosystem and digital asset exchange, and one of the, if not the best cryptocurrency exchanges in Nigeria.

At Binance wallet app, users can buy, store their electronic funds and trade different kinds of cryptocurrencies. The exchange also has supporting programs that help traders make investment decisions.

Trust Wallet

Trust Wallet is the official crypto wallet of Binance. You can send, receive and store Bitcoin and many other cryptocurrencies, including NFTs safely and securely with the Trust Wallet mobile app.

Trust Wallet includes a built-in Web3 browser that allows you to explore DApps of the decentralized internet or DeFi platforms seamlessly and safely. Since blockchain is a new and complex technology, you can rely on Trust wallet DApp Marketplace to guide you through it.

When's the best time to buy crypto?

No one knows for sure, however, rather than try to time the market, many smart investors use Nitros Bull indicator . It is a simple strategy: this indicator shows you when's a good time to buy or sell. This indicator works on all cryptocurrencies, stocks, and forex.

The result?

You tends to make huge profits buying or selling cryptos whenever the Nitros bull indicator says so, than trying to time the market all the time.

PS: By using the Nitros Bull indicator, you have a 99% success rate than when trying to time the market.

Ready to invest with Nitros Bull indicator? Visit Cryptouniversity , scroll down and locate Nitros Bull just like the image below:

Click on Buy Now, on the next screen, fill in your details, pay with bitcoin or any other cryptocurrencies listed on the website, accept its terms and conditions, and click on proceed.

How to trade cryptocurrency in Nigeria

To trade cryptocurrencies follow these steps:

Choose a cryptocurrency exchange account

Unless you already own cryptocurrency, you'll need to create an account with a trusted crypto exchanges. Roqqu, Binance wallet and trust wallet are among the best crypto exchange in Nigeria. All 3 of these options offer a simple user interface and a variety of crypto's to choose from.

Fund your account

Once you've signed up with a crypto exchange, you'll need to connect your bank account. These crypto exchanges offer bank funding through debit cards and wire transfers.

But, following CBN ban on cryptocurrencies in Nigeria, these crypto exchanges ( Roqqu , Binance & trust wallet) has launched a decentralized means of trading that ultimately allows you to fund your account without breaching CBN directives by making use of P2P (peer-to-peer) deposit.

Choose a trading strategy

There are a plethora of trading indicators to choose from, and most traders take multiple factors into consideration when buying and selling cryptocurrency. If you're new to investing, you may want to consider purchasing a trading mastery course by clicking on the image below:

Pick a crypto to invest in

Most active cryptocurrency traders allocate most of their capital to Bitcoin, Ethereum and Binance. These cryptos move more predictably than smaller altcoins (alternative coins), so trading with technical indicators can be easier.

Many crypto traders allocate a portion of their capital to smaller altcoins. Although small mid-market cap cryptos are riskier than large-market cap cryptos, they offer higher upside potential. Many small altcoins have risen over 1,000% in a matter of months, making them attractive investments for risk-tolerant investors.

Keep, hold or sell to earn money

Bitcoin and other altcoins has had a lot of ups and downs over the years. But the key to success is to determine the right time to hold or sell your coins.

My opinion: buy big when the price dip and sell little when the price increases. Buy little when the price increases, keep hold of it for the longer time and sell when it increases more.

Are you finding it difficult on how to trade/invest in crypto? No worries, you can let your feelings known via the contact us button below. All your issues/enquiries will be attended to.

4. Invest in an online instrument

The growth of money is also very important in fulfilling basic needs in life and making an investment is a clear way that can help a person to meet long-term financial goals easily.

Investing your money in an online instrument is one of the best ways on how to make money online in Nigeria without even necessarily quitting your job.

There are several online savings and investment platforms in Nigeria that offers huge returns on investment (ROI) when you choose to explore it's investment options.

Tech start-up like farmnow , Piggyvest , payfarmer and cowrywise are talking the lead on helping Nigerians to safely invest and grow their funds without even prior knowledge of investment.

These profitable returns build and grows your wealth over time as they allows you to invest in stocks, fixed income, agriculture, real estate, transportation, bonds and so on.

The good thing about this platforms is that they allow you to invest even with as little as N10,000.

For example: I have been using piggyvest to save and grow my money since early this year. You can check out my unbiased piggyvest Review for more information.

Another thing about this investment platforms is that they are either registered by the Nigerian stock exchange and, or insured by Leadway assurance plc. An insurance company in Nigeria that helps protects your capital against unforeseen circumstances.

5. Sell online to make money in Nigeria

If you want to learn how to make money online in Nigeria then, selling online is the real deal. In sense, it is the easiest way to making money online in Nigeria without paying money to start. I.e. you can start with zero investment and experience.

You can make money online in Nigeria selling all sorts of products. Ideally, you should focus on products that are somehow related to your interest, or you have experience using. But this does not have to be the rule.

You can choose to sell anything you want. Familiarity with the product may seem
like a benefit in the sense that you will be better at promoting such a product. But again, this does not have to be the rule.

Another good way to choose the product you will sell is to examine the supply and demand. This kind of market evaluation helps you find out products that are most likely to sell better than the rest.

Here are some ideas regarding the products you are going to sell.

Selling old stuff

Although you might make some money off selling old stuff, this is not particularly a perfect way on how to make money online in Nigeria.

You will usually sell things at a cheaper price than when you first bought them, except in cases when you sell inherited stuff, antiques, or maybe collector's items.

There's never been a more perfect time to sort through your stuff and streamline your living space. There are so many platforms out there where you can safely sell your old items now.

Whether you're selling locally using Facebook Marketplace, or through jiji ; it can be a great way to get rid of things you no longer need and get some more cash in your account.

Selling/reselling products

If you are crafty and able to make your own product, online marketplaces could be a good way to start selling your product and make money from it. You can also sell products you did not make. In this case, you'll be reselling.

Online platforms such as Alibaba, Aliexpress, DHgate is a good place to buy products you are interested in selling at a more cheaper rate, and then you can resell it locally at a higher amounts, or through jumia, konta etc.

6. Drop shipping

Starting a drop shipping business in Nigeria is one of the easiest ways to make money online in Nigeria. The growth of online marketplaces and platforms means that anyone can start an online store due to its low cost and simplicity.

But with the barrier to entry being so low, dropshipping has exploded in popularity over the past decade, meaning that many markets are highly competitive.

Dropshipping is a method of retail where the store never physically holds the products it sells. Instead, when the retailer sells one of the products it stocks on its website, they buy the item from a third-party supplier who then ships the item directly to the end customer.

So, the online seller never actually sees, holds or ships the item, they are effectively advertising it for the supplier and marketing up the price of the product so they can make a profit. Here's how the drop shipping business works:

You find the products you want to resell

You promote the products on your, in your online store, or through an online marketplace.

A customer purchase the product from you

You forward the order to the supplier with the details about the customer

The supplier packages and ship the product directly to your customer under your name.

You can see that you as a seller actually have nothing to do with the actual product. You are not involved in manufacturing, packaging or shipping. Your only job is to promote the products and reach online users with that promotional activity.

Unlike traditional retail methods in which you would purchase the products wholesale in bulk, you don't need to make upfront inventory purchases with dropshipping business models.

Instead, you utilize a dropship supplier who will store their inventory in their own warehouse(s), and they will package and ship your orders on your behalf.

The main reason why this is such a popular business model is that it requires almost no investment and nothing except for the internet connection and a computer.

If you want to learn about how to make money online in Nigeria, then, start using this business model to generate income.

How to decide on which product to drop ship

Follow demand – You must establish that there is demand for whatever product you want to source. It's always easier to fill existing demand that to try creating it.
Research – Conduct extensive research on your product: its supplier, distribution, and manufacturing costs
Understand the product – You should at least know what the product is and what it does. Having a genuine interest in your product will give you an upper hand
Less competition is better – When you enter an oversaturated market, you will have plenty of competition, and your survival is rarely guaranteed
Shipping costs should be low – If the cost of shipping is too high, customers will be unhappy, and they will look for alternatives. This is probably why it's not a good idea to handle produce or perishable goods when you are starting. They are expensive to dropship because they will require specialized equipment.

Benefits of starting a drop shipping business

Let's take a look at the advantages and why this could be an interesting business option for you to explore:

Does not require any technical knowledge to get started – You do not need any preparation, as your only tasks include finding the suppliers and presenting the products on your website or blog.
There are fewer costs involved -Since your supplier handles manufacturing, storing, and shipping items, your startup costs are relatively low—you'll likely just need some marketing and customer service expenses, which increases your profits more quickly.
You only pay when your customer does – With dropshipping, you only pay for products that your customer has already ordered and paid for, so you're not losing money on stuff that doesn't sell
No storing supplies – Not only does storing supplies require organization, but it also needs physical warehouse where your products will be stored. With dropshipping, you do not need any of these.
It's almost like having a passive income stream – In a traditional retail model, you're responsible for every aspect of the transaction. With dropshipping, you can focus on other aspects of your business, like marketing, while customers shop your site and a 3^rd party fulfills it
It's scalable – Want to add more products to your store? Great! Just find them and add them, simple as that. And if you want to expand into a new niche, it's a simple process compared to the alternatives of manufacturing or finding a wholesaler.
You can offer more selection to your customers – If you're manufacturing tea kettles to sell at your online tea shop, you might only be able to create one or two models. If you work with a wholesaler, you might be able to afford a few more. With dropshipping, you can offer as many as you'd like, increasing potential customer satisfaction and sales.

How to start a drop shipping business

Here is a complete Beginners guide on how to start a drop shipping business in Nigeria .

7. Start a YouTube channel

Starting a YouTube channel is one the best ways how to make money online in Nigeria for free I.e. it does Not require any investment.

YouTube receives up to 4 billion video views per day, which proves its strength on the internet.

If you can create a video content, YouTube can be one of the leading platforms to explore in terms of earning revenue for such content. Firstly, a lot will depend on your community, i.e., the number of subscribers.

Growing your audience is the crucial task for you if you want to make a successful career out of YouTube. However, having millions of subscribers is not essential for earning money on YouTube. In fact, you can start making money on YouTube with much less subscribers.

The number of subscribers is not the only metric that matters. YouTube takes into account other metrics, such as engagement level, your stats in comparison to other YouTubers in your niche, etc. Still growing your subscriber list consistently is undoubtedly helpful in gradually increasing your potential income.

The content you create needs to be created with your audience in mind. It needs to create trust, encourage engagement and be something your audience will love to watch (and come back for more).

To be successful as a youtuber, try to come up with a plan for each video. Start with:

Writing a script
Planning how the whole video will look like
Creating a budget if you want to buy equipment to shoot better quality videos
Focus enough time on video editing.

Even though there are no universal figures regarding money-making opportunities, what is safe
to say is that improving your numbers (number of subscribers, views, comments, etc.) is the best
ways to make money online in Nigeria with YouTube.

To achieve that, you will need great quality content. Here are some general ideas to have in mind
when creating content:

Upload/make a video about something you know a lot about, something you are interested in, etc.
Explore your audience and find out how to create videos that directly addresses them
Share original ideas and concepts that will help you stand out against your rivals
Collaborate with other YouTubers to increase exposure and gain extra experience
Enable monetization to earn money online.

YouTube channel is suitable for:

People who loves to make videos, like to talk to a camera, record documentaries or short films.

Required skills:

Possibility to make a video using software tools or record a video with your mobile phone or camcorder.

Ready to create a YouTube channel? Here is a guide on how to get started .

8. Affiliate marketing

If you want learn how to make to make money online in Nigeria without spending a dime, then consider becoming an affiliate marketer.

An affiliate marketing is a type of performance-based marketing in which a company pays a certain commission to its affiliate based on each sales they generated to the company.

In a nutshell, if you're an affiliate (also referred to as a publisher), you use your skills as a marketer to refer your audience to a product. When someone in your audience decides to buy a product or take an action based on your recommendation, you get acommission.

Previously, starting an affiliate marketing program in Nigeria is hard because of two major barriers that stood between Nigerians and Affiliate networkers, namely:

The outright omission of Nigeria from the list of accepted countries for most programs
Adoption, by most programs, of payment methods that were inaccessible to Nigerians.

Fast forward today, many Nigerian companies now run an affiliate programs and with services like payoneer to the rescue, Nigerians can now participate both in locally and foreign Affiliate programs and Withdraw their earnings directly to their local bank account. Because of this, many Nigerian online marketers are now making huge profits monthly from this online business model.

How affiliate marketing works

Affiliate marketing works in the following ways:

You sign up as an affiliate marketer on any company of your preferred choice that has an affiliated program
An affiliate link or ID is being given to you upon signing up for they program, for the purpose of identifying who drives sales to they company.
You as an affiliate marketer promote the link on your website or social media sites.
A visitor clicks on your affiliate link and landed on they companies website and purchase an item from they company.
They company check who directed the customer to buy an item from them through their data base and find out that it was you, the affiliate.
They company will now gladly reward you, as an affiliate, a certain amount of money known as commission that was being agreed on.

How affiliate marketers earn money

Depending on the company you as an affiliate is promoting, you can earn money through any of the following ways:

Pay–Per–Click(PPC) – An affiliate gets paid for all the valid clicks generated regardless of whether these clicks resulted in sales or leads.
Pay–Per–Lead(PPL) – Companies pay a fixed commission for every qualified action a click generated. This action might include things like installation of an app, online form submission, free trial sign-up, or completion of a short survey.
Pay–Per–Sale(PPS) – Companies pay a percentage of all qualified sales. This percentage is agreed upon by the company and its affiliate. Among the most common PPS programs is jumia , where a publisher can earn up to 9% depending on the products sold.

The amount of money you'll earn depends on a number of factors such as:

The company you're promoting ( how much they are willing to pay you for each sales you rendered)
How many visitors you're sending through your links
the conversion rate
The buyer's motivation.

9. Sell photos online

Whether you're a photographer with vast expertise and opportunity for acquiring high photograph or someone who just like talking pictures in your spare time.

People nowadays, more especially girls love talking photos but we're unaware that they can turn their passion into money making venture without spending a dime, just from the comfort of your home, office or work.

The sweetest thing about this job is that it doesn't matter if you are a professional, skilled or unskilled photographer, what really matters is can you snap quality pictures with a HD camera or your smartphone? If yes, then, I'll show you how to make money online in Nigeria by selling your photos online.

Who buys stock photos, and what type of photos sell the best?

The largest buying base of stock photos are bloggers and small to medium sized website business owners.

What type of images are they buying the most of?

People — kids, adults and everyone in between from every country and culture!
People working — These images are very popular with businesses. Folks working on laptops, writing, speaking at a meeting, etc. Just don't make them so generic they become a meme.
Food — Various types of delicious foods even empty unwashed plates.
Tools — Gears, hammers, nuts, bolts and screws can convey a lot of things for potential buyers.
Cities — Cityscapes, buildings, people commuting.
Nature — This is a no brainer which never gets old to shoot or sell.
Travel — Shots from around the world are always in high demand.

Where to sell photos online

To start, here are the list of the best places to sell or license images and photos online

10. Teaching online

When people think about teaching online they often think of school teachers that are severely underpaid and extremely overworked. Right? The answer is false.

Teaching online is quite different from school teachers because every work can be done right from the comfort of your home, what is required is to have an internet enabled device with data connection.

Teaching online is one of the best ways on how to make money online in Nigeria as a teacher because English is a language that is widely accepted worldwide, and that is why many non English speaking countries are urgently in need of an English teacher to tutor their children.

Many Asian countries are willing to pay you $50-$200 per hour just to tutor their children. But you have to be fluent in English to qualify as an online tutor.

Sites such as teacherOn or Vipkidteachers is one of the most popular sites which offers online English tutoring jobs paying enough money which enables you to make more than $1,000 per month working 3-7 hours daily.

Final thoughts on how to make money online in Nigeria

Making money online requires hard work, persistent and dedication to succeed. Choose any one or two from the list of how to make money online in Nigeria listed above and start working towards it. don't be afraid to try out different options to determine the best fit for you.

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Hello! Am Cajetan Desmond, a part-time blogger % a personal finance expert. Through me you'll learn different ways to make money online and live a boss free life.