The question “how to make money” is one that is being asked over and over by so many people everyday. In a country like Nigeria where there are so many people, making money is something everyone is concerned with doing. In this post, you will find some very useful ways that can help you earn money and quickly in Nigeria.
- Learn a skill
There is no harm in learning, it is actually very fruitful and one major way of making money in Nigeria. Any lucrative skill would do, but with the direction in which the world is going, computer skills appear to be more lucrative when it comes to working independently. Other skills like catering, fashion designing, are also worth learning too.
Aside from offline skills, there are many online skills you can also learn. We live in a tech world as almost everything now is digital. You can learn how to code, trade, write, design, and a whole lot more. Better yet, you can learn specific skills like data analytics, social media marketing, etc.
- Freelance Websites
Freelancing means working at your own comfort, you are not under the supervision of anyone. There are lots of freelance websites online that Nigerians can sign up with, the popular ones being UpWork and Fiverr. You can register on any of the sites and put your skills to you. Article writing, web designing are among the top freelance jobs in Nigeria.
When you join freelance websites, most of the clients you’ll meet are foreigners. Hence, if your dream is to earn in foreign currency – pounds and dollars, – freelancing is one of the best options to consider. The good thing about freelancing is that you can work from anywhere, at any time, and at your convenience.
- Affiliate Marketing
Affiliate marketing is another good way of making money fast in Nigeria. It involves displaying Ads of shopping sites, when a visitor on your site clicks on the Ad, he is directed to the shopping site. If he makes a purchase on the site, you earn a commission, as easy as that.
Aside from putting up ads on your website, you can run affiliate marketing on social networks. You can share your affiliate links on Twitter, Instagram, Facebook, and even WhatsApp on your stories. It doesn’t matter where the customers are coming from; you make money so long as they click on your link to purchase.
- Blogging
Blogging is already a major source of income to a large number of Nigerians and it continues to be. To start up a blog, you would not be required to spend much because buying domains and hosting are getting less expensive. All you have to do is to pick a paying niche, and also make sure that you have passion for it. There are many ways of making money from a blog, displaying paid adverts remain on top.
By now, you should know that blogging is far from just setting up a domain and posting contents. You can blog exclusively from social media and make good income. Instablog is a good example of a blog that thrives mainly on social media. Although they have a website, their Instagram page is what people know.
- E-commerce
You can set up an online store where you sell your goods. Some popular ecommerce sites you know are Amazon, eBay, Walmart and Jumia here in Nigeria. You don’t need to be told that these sites are generating a lot of money. All you need is to get your targeted customers to buy your goods and you start earning.
Even if you don’t have your own profits to sell, you can always dropship. Dropshipping involves you selling products from others in your online store and increasing the price a little bit to make profit. It’s one of the most profitable eCommerce models at the moment. Also, most eCommerce nowadays are solely on social media – Instagram, Twitter, and WhatsApp.
- Forex Trading
Forex trading has brought millions to a lot of Nigeria. It is a worthy investment that you can put your money in but, it also is very risky at the same time. Before going into Forex trading, make sure you know how it works and also make use of a renowned Forex Broker.
To a lot of people, Forex trading is complicated because of all the trading trends and stuff you need to know. However, with the right tools and mentorship, you can become confident at trading foreign currencies. Currently, forex trading goes hand in hand with crypto trading; hence you can kill two birds with one stone.
- Graphic Designing
Being a graphic designer is fun, because you create art. At the same time you can also earn big from it whether as a part-time or full time job. To be a professional graphic designer, you should be knowledgeable with basic graphic designing programs like CorelDraw and Photoshop.
Learning how to use these programs is not difficult and neither is it too expensive. You can even learn them for free by following free online tutorials. After learning, what makes you stand out from other designers is your creative ability. You have to be able to come up with design ideas that are not common so clients will be willing to hire you.
Bottom Line
From the above options, pick any of your strengths, capitalize on them, and you’ll be on your way to making good money.