Have you ever thought about how you can make money online as a student in Nigeria? Certainly, a lot of people are searching for ways to make money on the internet. Even students are not left out as university & college students, undergraduate and secondary school students are searching the web to find out the ways to make money in Nigeria quick.
The population of Nigeria is growing at a fast pace. A lot of people are unemployed and some are yet to look for things to do to survive and make money for themselves.
Many people go to Google to find out the best ways to make money online, but sad enough, they back off when they are told to pay money to learn a profitable business. The truth of the matter remains that there are some platforms that require you to pay and there are others that you can use to make money online without investment.
People use the internet for different reasons. Some use it to connect to friends and families, some use it to promote their business, goods & services, some also use it to pass information across.
The internet is a global village and it provides lots of opportunities for businesses, students and those who are keen on earning money online.
There are many ways you can use to make money in Nigeria both online and offline. Probably you are searching for;
- A way to make money online.
- Quick ways to make money online.
- Online business ideas for students.
- Profitable online business to start.
- How to make money legitimately from the internet.
All you need to get started is a smartphone or tablet, a computer system or laptop and internet access. If you have these items, you will be able to earn extra income from the internet.
- Top 20 Best Ways To Make Money Online As A Student In Nigeria
- 1. Online Surveys
- 2. Graphic Design
- 3. Publish Books Online
- 4. Affiliate Marketing
- 5. Freelance Writing
- 6. Blogging
- 7. Web Design
- 8. Domain Flipping
- 9. Data Reselling
- 10. YouTube
- 11. Video Editing
- 12. Online Registration
- 13. Apps & Websites Testing
- 14. Virtual Tutor
- 15. Cryptocurrency
- 16. Dropshipping
- 17. Social Media Marketing
- 18. Programming
- 19. Sell on E-commerce Websites
READ ALSO: How To Make Money As A Student In Nigeria
Top 20 Best Ways To Make Money Online As A Student In Nigeria
The following methods have been confirmed as genuine ways to make money online. Anyone can use any of the methods listed below to make money online.
1. Online Surveys
Participating in online surveys is one of the popular ways of making money online in Nigeria. If you have some time to spare, visit paid survey websites and earn quick cash after you submit your feedback.
Although online surveys aren’t my favourite way of earning online, yet there are people who use it to make money for themselves. Some research companies may need your help to answer surveys.
Surveys tend to supply research companies and businesses on answers to certain questions regarding their products and services. Some surveys take a short time to complete while others may take hours, depending on the technicality.
The payment for completing a survey isn’t fixed but varies depending on the location of the user or the research company. Normally they get to pay you after you must have filled a form, answer some questions or submit feedback to them.
Some surveys are location-based. It is a known fact that there are paid survey websites that pay up to $10 for a survey but sites like that are for some certain users such as USA, UK, Australia and they restrict third world countries such as India, Nigeria, Ghana, Uganda, Kenya etc.
There are lots of online survey websites, however, not all are legit. Some of the reliable paid survey websites for Nigerians are Mobrog and Triaba.
2. Graphic Design
Graphic design services are highly demanded in the market today. This is one of the reasons why it is very common to spot graphic designer in the nooks and crannies of the city.
Many companies are seriously looking for ways to give their business a strong digital presence. A graphic designer can give a strong online presence to any business with the creation of logos, banners, flyers, brochures and even business cards.
As a student, you can make money by designing creative visual artworks for small, medium and big business brands. There is a saying that ‘a photo is worth a thousand words’. Your designs can create a message about business and boost their sales.
Also, there are high chances that you’ll be contacted by other companies if your graphic works are displayed in newspapers, magazines and billboard adverts.
As a student, if you are skilled in graphic designingm, you’ll make lots of money online by designing graphic concepts and artworks like magazines, logos, advertisements, brochures, banners, business cards for individuals, SMEs and big businesses.
3. Publish Books Online
You can also make money as a student when you publish books online. There are websites that pay you for publishing a story or book online. One of such website is OkadaBooks.
OkadaBooks is a website in Nigeria where people publish books and get paid. They make it quick, fast and easy for anyone to get paid when he or she submit reviews, stories, books, articles or anything readable.
You don’t need to study literature before you write your own book. With good knowledge of the English Language, great writing skills, good grammar and correct application of tenses, you should be able to write a short story, novel or book on anything that interests you.
Online book websites like Okadabooks allows you to get paid when your works are read or downloaded by people. You can also publish your books on the Amazon Kindle platform and get paid for it. Lulu.com is an online self-publishing book company where you can visit the sell your books, ebooks and paperbacks.
4. Affiliate Marketing
Affiliate marketing is not just another method of making money online. It is a sure way of making money online without investment. If you are well-versed in marketing, you can promote the offers, services, products and good of brand online and make commissions from sales.
There are many companies that have affiliate programs in Nigeria. Notable among them are Jumia, Konga, HOGFurniture, TravelStart, Wakanow, DomainKing, WhoGoHost etc.
If you should convince people to buy products or get services from these companies, you’ll make money as an affiliate marketer.
An affiliate marketer is a person who promotes a product and recommends people to get that product; he/she will get some commissions if the customer buys the product. That is how affiliate marketing works!
You can promote any product with your website or blog. If you don’t have a blog yet, you can also use social media platforms like Instagram, Twitter, WhatsApp, FaceBook and market your affiliate offers.
How To Start Affiliate Marketing
- To get started as an affiliate marketer, follow the following steps;
- Look out for companies with affiliate programs.
- Sign Up and Register As An Affiliate.
- If you are approved, go to your affiliate dashboard and get your affiliate link.
- Promote your affiliate link.
If a prospective customer gets the service of purchases the product with your link, you’ll get a commission from the company.
5. Freelance Writing
Freelance writing is one of the best ways for students to make money online. Apart from students, many housewives and nursing mothers make money from home through freelance writing.
Writing is a skill which can be used to make money. There are individuals and organizations in need of skilled writers, who will write content that will engage their readers and customers.
Media companies need writers to update their company website. Even businesses hire copywriters to make an appealing advert headline or create an article that will convince people into buying a certain product.
If you can write very well, there is no way you can be broke. You can use your writing skill to make money. However, to get more clients to work with you, there is a need for you to market yourself properly on social media platforms and freelance websites.
Blogging is becoming a serious business, not just in Nigeria but in other countries too. A lot of youths, teenagers and students in Nigeria make money from their blogs. This is not a mirage neither is it rocket science. You can start a blog in Nigeria, post interesting content and make money from it.
Blogging is an online business that can be run by people of all ages. However, it is very common to find young people going into blogging. This is because they have the energy to invest in blogging and they have identified blogging as a way to earn passive income online.
Blogging makes it possible for you to earn money while you sleep. To get started, you have to follow the following steps;
- Identify a niche (it could be on fashion, lifestyle, business, entertainment, news, politics, jobs & recruitment, tech etc).
- Get a domain name (examples are .com, .ng, .com.ng, .net)
- Get a hosting plan. (We recommend you to get a hosting plan from Bluehost, Interserver or Namecheap).
- Get a Theme and customize the blog to your taste.
- Optimize your site.
- Create contents that will grow your traffic.
With these steps, you should be able to make money from blogging through Affiliate ads, Google Adsense, selling a service, sponsored posts and selling ad places on your blog.
As a blogger, you get to earn money when you monetize your site. A lot of bloggers do not make money from their blog due to inconsistency, impatience and unprofessionalism.
You’re meant to be consistent in posting content to your site to get new visitors and retain the existing ones. Without quality content on your site, no one will visit your site. This means could a drop in your traffic and earnings.
It is very possible for you to create a blog and make money from it after 3 months. However, it all depends on your creativity, activity and energy on the site.
Bloggers like Uche Pedro (BellaNaija.com), Linda Ikeji (LindaIkejiblog.com) are making money online from their blogs.
7. Web Design
You can design websites and blogs for people and make money from it. In this digital age, a lot of people enrol in computer tutorial institutes to learn web designing and some other people go online to learn how to design websites.
Basically, you don’t need to write a single line of code before you create your own website. The issue of web design has been simplified with Content Management Systems like WordPress that makes it easy for you to set up a website in less than 30 minutes.
Web Designers charge N30,000 up to N200,000 to design websites for people (depending on the features and technicality of the site). Web Designing is one of the things a student can do to make money online without paying a dime.
8. Domain Flipping
Domain Flipping is another method anyone can use to make money online. It has to do with creating websites or buying domain names to sell them for profit.
Domain flipping refers to the process whereby a webmaster purchases a domain name to sell it at a higher price. Some people also make money by selling premium domain names online.
The “Hotels.ng” domain name was sold for ₦600,000. People make money by selling websites on platforms such as Sedo.com. Sedo is an online marketplace or buying and selling of domain names and websites. Other domain names and website marketplace include;
- Digital Point Forum.
- Web Hosting Talk.
- Website Broker.
9. Data Reselling
Data Reselling is one of the profitable online business in Nigeria that could fetch you money as a student. Data Reselling requires little capital to start and it is very easy to set up.
You can start data reselling business in Nigeria and make money up to N30,000 a month even without a website. All you need to get started as a data reseller is to an internet-enabled device, capital and a VTU portal.
There are a lot of data reselling websites and VTU platforms where you can register as an agent or reseller and get discount data prices when you sell. Some of the data reselling websites you can register are;
Many banks make money from VTU biz (airtime top-up and data reselling) and you can also do the same in your school, hostel or community. You can check out our Ultimate Data Reselling Business Guide to start your data vending business.
YouTube is an online video streaming platform where people visit to get exciting video clips. Youtube is one of the most visited websites globally and many people visit YouTube to search for information and get a first-hand report on any story.
Before a blockbuster movie is released, people are already on YouTube searching for the trailer of the movie. If you are looking for a fast way to earn money online, YouTube helps you achieve that. With YouTube, you can make passive income online.
It is common to see musicians uploading their latest music videos on YouTube. The millions of views are enough to testify that they make money online with YouTube
You can start a talk show, comedy skit or video educative, informative and entertaining and get it uploaded on YouTube. You can create videos, setup and YouTube channel, upload your videos, get your channel monetized and make money when people watch your videos on YouTube.
11. Video Editing
In this digital age, video consumption is moving at a steady pace from cassette tapes to the internet. Video consumption on the internet has a higher rate over other media.
It’s easy to find people watching a tutorial on YouTube or watching a clip on Instagram or a blockbuster movie on IrokoTV or Netflix.
As a student, you can make money for yourself by editing people’s videos and giving it a dynamic look, You should have video editing equipment such as a video editing software, a microphone, a laptop or computer system.
12. Online Registration
With an internet-connected PC or laptop, any student can earn money online with online registration. This service enables you to assist people to register for some certain applications online.
For instance, in your hostel or school dormitory, you can assist students to register their courses, register for exams such as WAEC, JAMB and NECO, apply for a scholarship, apply for online recruitments, print out online forms, pay school fees online and charge them when you render such service to them.
13. Apps & Websites Testing
There are research and internet companies on the look for real internet users who will test their mobile app and rate the performance of the app.
UserTesting.com is a website that pays real humans to test a mobile app, websites based on their location. Some companies hire developers, coders and web designers to create websites or mobile apps for their platform.
Other platforms that pay you for testing mobile apps and websites are;
- Test IO.
- Intuit User Research.
Before launching the app or website, they can decide to get real humans (not robots) to test how the app works and obtain feedback from those users. You can get rewards such as a voucher, gift card, crypto coins or cash for each app or website tested.
14. Virtual Tutor
You can also make money online by tutoring and teaching people. People pay for online courses, webinars and lessons to learn things that interest them.
A lot of people go online to search for what they do not know. If you are skilled or knowledgeable in any area, you can go online and coach people in that subject area or topic.
Online tutoring jobs one of the great ways to earn income online from home. You get to apply as a tutor on online tutoring platforms and get paid for teaching students.
There are websites like Tutorme.com that pay virtual tutors up to $16 per hour for teaching. You can make more than N50,000 monthly on Prepclass.com.ng as a virtual tutor.
I define cryptocurrency as a digital or electronic currency that can be exchanged in the place of money to make purchases for products and services.
Cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, EOS, Ethereum, Dash, Ripple etc are getting acceptance all over the world.
They are now used for day-to-day financial and monetary transactions. This has led so many individuals and organizations to invest in cryptocurrencies with the expectation of making a profit.
You can also make money as a student by trading cryptocurrencies. Platforms such as Coincola, Paxful, Luno, Remitano etc are places where you can make money by buying and selling cryptocurrencies.
Some people are yet to see the light in drop-shipping. Dropshipping is another opportunity you can use to earn extra online as a student. Dropshipping is an online business where you sell products without an inventory. This means that you get to sell any item without having a store where the product is kept.
As a drop shipper, you have your own store where you list products for sale and you also have a supplier who sells products on his own store.
When buyers get to place orders to purchase the items, you head over the store of your supplier and place the same order. For instance, your supplier can list a wireless earbud on his store for $60, but on your site, the same wireless earbud is placed at a price tag of $100.
When buyers place orders on your site, your store accepts payments from them. Then you get to head to the store of your supplier and place the same order.
When placing your order, you use the customer’s details like his name and location and request the seller to ship the product to the address of your customer.
The supplier ships the product to your customer and you make a profit of $40 for a single item. You could possibly make a whole lot of money online when you get lots of orders on your dropship store.
Even students can start a store today and make money from dropshipping. Drop-shipping is simple to set up, it is profitable and it requires low investment to start.
17. Social Media Marketing
You can set up a brand to help manage the social media accounts of people and get paid for it. Some companies have no time to manage their social media accounts. This is why they go in search of people who will be able to manage their social media accounts.
As a social media manager, you can help to market the products of the brand on social media and get paid for that. Also, entertainers hire people to handle their social media accounts to help them keep in touch with their fans so that they don’t lose them.
If you have a large fanbase on social media, people will pay you to advertise their businesses on your page. This is one of the ways social media influencers make money on Instagram. Perhaps, you can also do the same and make money for yourself.
Can you write computer programs or create apps? If Yes, then you should consider using that skill to make money for yourself as a student.
You don’t need to be a computer science student or be a geek before you learn to programme. If you are tech-savvy and you have an interest in programming, you can learn how to program, develop computer programs and write codes on W3 Schools, TeensCanCode, Udemy etc.
Programming isn’t a job for lazy people. It is a serious job and at times, the deal can run into millions, depending on the technicality of the job. You can earn as high as N300,00 every month as a programmer.
19. Sell on E-commerce Websites
Another legitimate way to make money online as a student is by selling on e-commerce websites. Basically, eCommerce websites like classified ad website are fertile for buying and selling of goods and services.
If you have any product you wish to sell, you can get it listed on classified ad websites and sell it to interested buyers. There are certain products that are hot in demand (products that people are eager to buy).
If you are a merchant or business, you can take your business online and make more sales by using digital marketing techniques.
You can sell mobile phones, clothes, shoes, electronics or anything you want to sell on eCommerce websites. When you list your product, an interested buyer will contact you to purchase the item. Some of the eCommerce websites you can sell your products are;
20. Forex Trading
Forex trading is a profitable online business that students can do to make money. Most youths do illegal businesses such as fraud and online scam to make money online – which isn’t good. Forex is a great way for you to make money online while studying. Forex is all about trading currencies. You can start trading forex using your computer, laptop or smartphone. You can set your trading hours in a way that it won’t disrupt or interfere with your studies.
Before investing in forex, ensure that you learn how forex works, acquire training and knowledge before you invest. Lastly, don’t invest all your money into forex hoping to make lots of profit, invest what you can afford to lose.
Making money online isn’t a mirage, it takes time to build an online business. If you remain dedicated and consistent in growing the business, you’ll be able to scale through. If you are yet to earn money online, feel free to check out our tips for starting an online business in Nigeria.
These are the top 20 online business ideas to make money online as a student in Nigeria, you can take advantage of it to earn extra income while schooling.
The good thing about online businesses is that the business can be handled and run without interfering or clashing with your school/study time. If you are finding it difficult to set up an online business for yourself, do not hesitate to contact us.