The year 2019 has come and gone with its heartbreaks and failures.
As we start a new year, I encourage everyone living in Nigeria to consider how they can make money online.
A lot of predictions have been made concerning the economy this year. None of them end well.
The best way to protect yourself is to find a way to make money online.
This post will look at 10 ways to make money online in Nigeria.
I shall testify to things that I have heard and seen.
1. Start a Blog
If you live in Nigeria, you would have heard about Linda Ikeji.
Linda Ikeji would give credence to the blogging industry in Nigeria with her success as a blogger.
Initially starting out of a blogspot account, she would pivot to her current block after running into some trouble with Google.
Blogging is a viable means of making money online in Nigeria.
In addition, it opens up offline opportunities.
To start a blog, you should consider buying a web domain and hosting.
You can get these from Namecheap.
2. Start a YouTube Channel
Fisayo Fosudo runs a YouTube channel where he reviews gadgets.
TechCabal did an interview with him early last year.
The beauty of starting out with YouTube is that you don’t have to start out blind.
They provide education via the YouTube Creator Academy.
3. Write for the Opera News Hub
If you are a writer, you should consider the Opera News Hub.
With 163 million active users in Africa, the Opera News Hub is where all the content fed to Opera Mini users and Opera News user is gotten from.
4. Online Freelancing
In Nigeria, one platform that Nigerians make money from is Fiverr.
On Fiverr you list the work you can do and you are matched up with a customer that wants your services.
As time goes on an you build your reputation, you can make money money for your services.
5. Cryptocurrency Trading
Last year, I would learn about Digital Currencies.
With all the dangers ahead of the Nigerian economy, cryptocurrencies are a form of insurance.
Cryptocurrency trading is one way Nigerians make money online.
I have been privileged to meet a few cryptocurrency traders in Nigeria.
They have lost money at various times but have mastered their craft.
6. Affiliate Marketing
The way affiliate marketing works is as paid referrals.
So if I tell you about a product and you then go ahead to buy it, the owner of the product pays me a commission.
A lot of services have affiliate programs.
You only have to search for them.
Copywriting is the act or occupation of writing text for the purpose of advertising or other forms of marketing.
The product, called copy, is written content that aims to increase brand awareness and ultimately persuade a person or group to take a particular action.
As the world becomes more digital, this is an important skill that will pay dividend.
The last 10 years have witnessed the rise of eCommerce in Nigeria.
Jumia and Konga have been through the eye of the needle and provided the industry with important lessons.
At the end of the decade, the entire industry has figured out online payments.
If you want to make money online, you can consider getting an online store and selling your products from there.
Two options to consider are WordPress and Shopify.
9. Create and Sell Online Courses
You cannot talk about online courses in Nigeria and not mention Stephanie Obi.
In a very short time, she has been able to carve out a niche for herself.
There are a lot of platforms to use in creating online courses.
Stephanie has even gone ahead to create her own called TrainQuarters.
10. Social Media Marketing
Platforms like Instagram have spawned entire ecosystems for buying and selling.
Typically, the seller posts the item that the want to sell.
Then a prospective buyer sends them a message and a transaction occurs.
This will get bigger in the years to come.
A new year as begun with the promise of opportunities to make money online.
You would be wise to take the time out to learn how to make money online.
Welcome to a brave new world.