Earning money directly into your bank account in Nigeria is fast and convenient, as you wouldn’t have to go through the hassles of getting to a physical location. It also doesn’t involve tons of paperwork.
20 Ways to Earn Money Directly into your account in Nigeria
Whether you are a student, unemployed, employed, or a sit-at-home mom, there are several ways through which you can earn money online in Nigeria. In this article, we would explore the various means.
1. Blogging
Blogging is one of the lucrative ways to earn money directly into your bank account in Nigeria. Top blogs earn between N100,000 to 3 million nairas per month. However, blogging requires discipline and months of consistent work to get visible results.
To make money blogging, you have to create content that people would find useful, and desire to read. There are several millions of blogs on the internet, so your content creation niche would have to stand out. You can also monetize your blog by displaying ads and sponsored posts to your following/audience.
2. Freelancing
Freelancing is an easy way to earn money online in Nigeria. With the right skills as a freelancer, you can earn a living by working for multiple clients in diverse fields. There is a wide range of freelancing jobs available in Nigeria, and some of the most common include writing, translation, programming, web designing, etc.
To start up, you will need to create a profile on freelancing platforms like Upwork and Fiverr, and let potential clients know the services you offer. It would also be helpful to join online communities where you can connect with other like-minds and possibly, get referrals.
3. Selling Goods Online
You can sell your brand-new or used goods online, through popular marketplaces like Jumia, Konga, eBay, and Jiji. However, these platforms demand heavy commissions on the goods that you sell, and the marketplaces are highly competitive.
To sell goods on these platforms, you will need to create a product listing, set prices for your goods, and wait for interested buyers to purchase the listed items.
4. eCommerce
While eCommerce also involves buying and selling goods online, this involves you creating your own online platform where goods can be advertised and sold. One of the richest men in the world currently — Jeff Bezos, owns the popular online store, Amazon.
To start up your eCommerce business, you needn’t worry about the cost of building a warehouse and storing the goods you sell. Instead, you can utilize drop-shipping which allows you forward inventories to the manufacturer/supplier. The goods are in turn shipped to the buyers, and you earn your cut without breaking out a sweat.
5. Crypto Trading
Nigeria ranks as one of the top African countries in crypto trading. With as little as N1,000, you can start investing in cryptocurrencies either by mining them or trading on any of the various exchanges available. However, it’s important to note that cryptocurrencies are highly volatile, and can go up or reduce in value very quickly.
6. Completing Online Surveys
By giving your opinions on diverse issues via completing online surveys, you can get paid. Amongst the various online survey platforms in Nigeria, ySense (ClixSense) is highly recommended. They pay an average of $1.50 per survey, and you get your cents without any hassles or excuses.
7. Affiliate Marketing
If you have the charisma and are an effective salesperson, you should really consider going into affiliate marketing. Affiliate marketing involves you recommending products to people online. If they purchase the products through you, you get your commission. It’s that easy.
To start up, you will have to join an affiliate network and pick the product line you’d like to market. Some of the most common affiliate networks in Nigeria include Konga Affiliate, Jumia Affiliate, LinkShare, Commission Junction, etc.
8. YouTube Videos
If you enjoy making videos using your phone’s camera or any other recording device, you can make videos and share them on YouTube with your social network. As you get views and build your brand, you can use Google AdSense, affiliate marketing, and other methods to monetize your uploads.
9. Social Media Marketing
Most Nigerians spend several hours daily on Facebook, Instagram, Twitter, and other social media networks. This has opened up opportunities for businesses and brands to reach several thousand online.
As a social media marketer, you help individuals and businesses reach their target audience online. To do this, you have to understand the algorithm of the social media network you intend to market the products.
10. Online Courses and Tutoring
If you are vast in any field, you can earn money online by creating online courses and offering value to people who are interested in that field. You can also provide tutoring sessions on diverse subjects to varying age groups, and get paid for your services.
11. Trading Forex and Binary Options
You can earn money from trading forex and binary options, by making predictions on currency exchanges.
12. Content Creation
There are several young creatives earning thousands of naira online, through their creative ideas. This could involve you making comedy skits, music, and dance videos, with a view to entertaining your target audience and gaining their followership.
13. Social Media Influencing
If you have a large followership on various social media networks, you can take advantage of this by becoming a social media influencer. As an influencer, you can help brands advertise their products to your social network, and get paid for your services.
14. Virtual Assistant Jobs
You could also offer virtual executive assistant services, and help in running day-to-day activities in various organizations without being physically present. This could involve typing, data entry, editing, and sending broadcast emails.
15. Publishing eBooks
If you are a skilled writer, you can write eBooks and publish them on various platforms, where interested readers can purchase them in exchange for cents.
16. Transcription Services
On platforms like TranscibeMe, you can earn up to $15-$25 per hour by transcribing audio clips in various languages.
17. Making Voice-overs
If you have a unique voice and are fluent in the chosen language, you can provide voice-over services to brands, which would be used to market their products and get paid.
18. Offering Feedback on Websites and Apps
You can help tech companies by spending a few minutes navigating through their website and giving feedback on what you think. You could earn as much as $60 per test on platforms like UserTesting.
19. Play-to-Earn
There are several apps such as Mistplay, that allow you to play games in exchange for Amazon gift cards, and play stations. Some of these games include Star Wars, Clash Royale, etc. Earning had never been more fun!
20. Win-A-Pay
On Win-A-Pay, you get paid for answering questions correctly online. If you are vast in diverse fields ranging from sports, politics, fashion, health, and more, you can earn about N2,000 to N5,000 per round.
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