It is very possible to make money online as a student in Nigeria without spending a single penny and in the comfort of your home as there are thousands of ways to go about it.
Finding ways to make money online as a student can be tough, especially when you’re trying to balance schoolwork with an online part-time job. But with a little creativity and effort, there are plenty of opportunities out there for making some extra cash.
What many students do not realize is that they can make money online while studying. There are many websites and platforms where you can make money just by using your knowledge and skills.
Some students are not aware of these opportunities as they think making money online is very difficult when they are still studying at university.
What makes it difficult is because of the lack of education on how to go about making money online as a student in Nigeria.
This is why I’ve decided to write this post where we will be discussing 12 of the most legitimate methods that can be used to make money online in Nigeria as a student.
These methods are not only easy to implement but they are also quite effective. Read on and do not skip any part of this post.
12 Legit Ways On How To Make Money Online In Nigeria As A Student in 2023
Are you a student who is searching for legit ways on how to make money online in a professional manner? If so then this article is for you! Below are 12 legit ways on how to make money online in Nigeria as a student it is up to you to choose from the list.
1. Affiliate Marketing
Affiliate marketing is one of the most popular ways to make money online in Nigeria. It involves promoting products or services on behalf of a company and earning a commission for each sale that you make.
To be successful at affiliate marketing, you need to choose products or services that you are familiar with and that you believe in. You also need to build up a large audience of potential customers.
There are many ways to do this, such as maintaining a blog or YouTube channel or being active on social media.
Once you have built up an audience, you can start promoting products or services to them. You can sign up for affiliate programs with companies like Amazon Associates, Jumia, Commission Junction or Konga etc.
Once you are a member of their affiliate program, you will be given a unique affiliate link that you can share on your social media platform or blog. When someone clicks on your affiliate link and makes a purchase, you will earn a commission.
The amount of money you can make will depend on the product or service you are promoting and the company you are also working with.
2. Freelance Content Writing
Another way to make money online in Nigeria as a student is through freelance content writing. Students can sign up for websites like Upwork and Fiverr where they can find writing gigs from businesses or individuals. This is a great way to earn some extra money and gain some valuable writing experience.
3. Publishing Books And Stories Online
Students can make money online in Nigeria by publishing books and stories online. There are a number of platforms that allow students to publish their work as an ebook, such as Amazon Kindle Direct Publishing, Wattpad, Okadabooks etc.
This can be a great way to earn some extra income, as well as gain exposure for your work and share your knowledge with others
4. Sell Data and Airtime
Another legit way to make money online in Nigeria as a student is by selling data and airtime. This can be done by becoming an affiliate for one of the many data and airtime providers in Nigeria.
By becoming an affiliate, you will be able to earn a commission on every sale that you make.
5. Selling Pictures
One of the best ways for students to make money online in Nigeria is by selling pictures. If you are a talented photographer, you can make money by selling your photos online.
There are a number of stock photography websites such as Shutterstock and iStockPhoto where you sign up and start selling your photos.
There are many websites and individuals that will buy your photos and you can earn a commission whenever someone buys one of your photos..
6. Dropshipping
Dropshipping is a type of eCommerce business model in which you sell products without having to ship any inventory yourself.
When a customer places an order in your store, the supplier ships the product directly to the customer’s door. Dropshipping is a great way to start an online business because it’s easy to set up and you don’t need much money to get started.
To be successful with dropshipping, you need to find a niche market and build a relationship with a reliable supplier.
You will also need to create some compelling product listings and drive traffic to your online store with effective marketing. If you can do all of this, you’ll be well on your way to making money online as a student in Nigeria.
7. Start Blogging
Blogging is a great way to make money online in Nigeria as a student.
You can start a blog about any topic that you are passionate about and then monetize it with AdSense, Ezoic, Jubna, Mgid, or any other ads network even affiliate marketing.
If you build up a large enough following, you can even make money by selling products or services through your blog.
8. Start a YouTube Channel
Starting a YouTube channel is a great way to make money online as a student in Nigeria. You can create videos about anything that interests you and build up a following of people who are interested in what you have to say.
If you can get enough views on your videos and subscribers to your channel, you can start to make money from advertising revenue right away.
9. Online Tutoring
There are many ways for students to make money online in Nigeria. One way is through online tutoring. There are many students who are willing to pay for someone to help them with their studies.
If you have expertise in a particular subject, you can create a profile on a tutoring website like Upskillstutor and offer your services to students who need help with their studies. This is a great way to earn money while also helping others in their academics.
10. Taking Online Surveys
One of the easiest ways to make money online in Nigeria as a student is by taking online surveys. There are many companies that are willing to pay for your opinion on their products or services.
You can sign up with a survey company like InboxDollars and start earning money right away. This is a great way to earn some quick cash while also providing valuable feedback to companies.
11. Forex Trading
Forex trading is one of the most popular ways to make money online in Nigeria. It involves the buying and selling of currencies. Forex trading is a risky business, but it can be very profitable if you know what you are doing.
There are many forex brokers in Nigeria that you can use to start trading. Some of the most popular forex brokers in Nigeria include OctaFX, FXTM, and Exness.
You can open a demo account with any of these brokers to practice trading before you start using real money and also read a brief guide to OctaFX trading for beginners to know more about forex trading.
12. Invest in Cryptocurrency
Investing in cryptocurrency is one of the best ways to make money online in Nigeria as a student. Cryptocurrency is a digital or virtual currency that uses cryptography for security and also to verify transactions between two parties.
It is decentralized, which means it is not subject to the government or any financial institution’s control. Bitcoin, Ethereum, and Bitcoin Cash are examples of popular cryptocurrencies.
Investing in cryptocurrency is a good way to make money because it is volatile, which means the prices can go up and down very quickly.
This means that there is the potential to make a lot of money if you invest at the right time. However, there is also the potential to lose money if the prices don’t favour you.
There are a few things you must keep in mind before investing in crypto. First and foremost, do your research, and understand the risks involved when trading cryptocurrency.
Cryptocurrency prices are highly volatile, and there is always the risk of losing money. Secondly, you should never invest more than you can afford to lose.
Cryptocurrency investing is a risky proposition, and you should not invest more than you can afford to lose. Last but not the least, diversify your investment portfolio.
Don’t put all your eggs in one basket by investing only in a single cryptocurrency rather spread your investments out into different asset classes to reduce your risk.
Overall, investing in cryptocurrency is a great way to make money online in Nigeria as a student. However, you should be aware of the risks before investing any money.
Conclusion
There are a lot of methods you can try on how to make money online in Nigeria as a student. Some ways will require hard work while others are quite passive.
As long as you stay disciplined and patient about it, you should be all set. Having no hard work and no motivation is what limits the average Nigerian student.
Do you know of any other methods on how to make money online in Nigeria as a student? Share with us by leaving a comment below!
