How to Make Money Online in Nigeria, 2021 Edition

When it comes to making money online in Nigeria, almost every website seems to have the magic bullet! and yet none of these actually provides accurate information on how to make money online in Nigeria.

A quick search for how to make money online in Nigeria would bring you a lot of information. There are just so many articles on the subject, we are literally drowning in information.

In the last 12 months, Nigeria, Ghana, Namibia, Kenya, and Zambia have always led the search (at least according to google) for how to make money online.

How to make money online,
How to Make money online in Nigeria

At first glance, you might think, there is no point in writing on how to make money online in Nigeria, but on a further look, you would notice that while the majority of the search traffic for this topic comes from Nigeria, Ghana, Namibia, Kenya, and the likes, none of the top articles actually provide information that is quite useful to the either of these nations.

The main issue with many of the solutions already available via Forbes, entrepreneur.com, etc. on how to make money online is that they simply do not work for Africa.

Thus it is very important that we actually provide information on how to make money online in Nigeria, one that focuses entirely on the Nigeria situation and how you can escape it.

Most of these online surveys either do not accept African clients or worse, the payment method to pay you simply doesn’t support your country, and when they do, the payouts are often too small to justify the time cost.

Forbes tell us 12 ways you can absolutely make money online. This list includes:

  • Google Adsense
  • Affiliate Marketing
  • Consulting
  • Online Courses
  • Podcasting
  • Book Sales
  • Lead Sales
  • Freelance Writing
  • Sponsored Posts
  • Webinars
  • YouTube
  • Building an Online Community

Save the student, is rather generous and give’s us over 40 easy ways to make money online:

  • No-Risk match betting
  • Online Surveys
  • Paid for searching the web
  • Online Market Trading
  • Start your own website
  • Review websites and apps for cash

and the list goes on and on and on. We won’t go on to show you another exhaustive list of ways to make money online in Nigeria, rather we would show you ways to avoid some of the blockades in your path and direct you towards some of the surest ways to make money online in Nigeria, the same principles would apply for Kenya, Namibia or Zambia.

Top 5 things you need to make money online in Nigeria

If you are reading this, you most likely have a computer of some sort and an internet connection. These two aside, the main things you need to make money online in Nigeria are:

  • A skillset
  • Time
  • An audience
  • An ability to market it
  • A way to get paid

However, there are individual stumbling blocks that you may face depending on which country you find yourself in, strap in as we tackle each country and its unique challenges to help you make money online in Nigeria.

Sometimes, these challenges may overlap. When they do, feel free to jump to the next section.

While we won’t give you an exhaustive list, our goal is to take the things that you could really make money online in Nigeria from and show you how to actually do that.

How to Make Good Money Online from Africa (Nigeria, Kenya, Namibia, etc.)

There are several ways to make money online in Nigeria, but we would focus on the most profitable ways to make money online.

While Forbes lists 12 ways? We would focus on only the most important ones for Nigeria, Ghana, Kenya, Namibia, Zambia, etc.

There are several ways to Make Money Online in Nigeria, but none of them truly matter without an audience. While there are ways you could make money online without an audience, having an audience really does make things a lot easier.

Building an audience is the first thing you need to focus on when trying to make money online in Nigeria. You could do all that Forbes states, but without an audience, you are doomed to fail.

It doesn’t matter if it is affiliate marketing, Google AdSense, or consulting. You would make no money if you have no audience. The first step is to create an audience and provide them with value!.

First, give your audience value, and then they would generously reward you. While on this journey, remember, the keywords, audience, and value, if you want to be a success.

Build an audience

You have read from Forbes and several other websites showing you several ways and opportunities that exist to make money online. Now, we are narrowing it down to how you can make money online in Nigeria.

Fortunately, you are determined to make your dream a reality. How do you build an audience, in other to make some money?

Continuing on how to make money online in Nigeria/…

Create a website

One easy way to build an audience is to start a website, and start putting quality content on the website, with time, quality articles, and proper search engine optimizations, you would be driving a huge amount of traffic to your website.

A good place to host your website that offers superior performance at a great price is Bluehost!

Make Money Online in Nigeria

With Bluehost you get one of the best web hosting company’s in the world hosting your website, ensuring reliability and speed. In addition to this, you get a free domain name for a year, a Free SSL certificate, 1 click WordPress install, and a dedicated 24/7 customer support all for the low starting price of €3.35/month.

One mistake most website owners do is to choose a niche they are interested in but not necessarily an expert in.

However, if you want to make money online in Nigeria, and want to build your audience through a website, your best bet is to choose a topic you are already familiar with.

There are so many unique things in Nigeria that the world doesn’t know about yet, if you can focus on bringing that to the millions of people trying to know your awesome country, you could as well make money online doing just that.

Ask yourself, what comes easy to me? Do I gossip a lot? great! focus on a website that provides rumors.

Do I spend hours discussing football with friends? why not put your thoughts into words and put them on your website? It is simple and sometimes silly ideas that end up being widely popular and building a great audience.

Start Video/Audio Creation for YouTube/Podcast

Starting a YouTube channel or a Podcast is another great way of building an audience or followers. There are literally several people in the world right now who make a living by creating videos for YouTube or audio for podcasts.

The top 10% of this group are taking home millions of dollars each year by providing quality content through video or audio.

These days it is very simple to do this without expensive gear, in fact chances are you have an iphone or an android device, powerful enough to shot a HD video, you can start to make money online in Nigeria with that device.

Do you have a video camera and a laptop? Great! start a YouTube channel and start providing value on the platform. It takes a while to pick up, but once it does, the money never stops.

It doesn’t take much to get started, start from where you are, and what you have, it is possible to find a topic you are knowledgeable about and provide a perspective that is uniquely you.

Do you have a good microphone? start a Podcast, really. Start talking about things that are of genuine interest to you. Whatever it is; Sports, Nutrition, Money, Poverty, Computers, etc. Whatever it is, record great conversations and post them on your Podcast.

If your goal is to make money online in Nigeria? providing value to your audience is a must. You can not make money online without an audience, and most importantly, your audience would not listen to you when you do not provide them any value.

I would advice you not to go copying someone else’s style, be uniquely you, chances are there are several thousands of people who would love the unique you.

What is even better, you can excel being you, than actually just copying other people. Nothing beats authenticity.

Instagram/Facebook/Twitter

Do you use Instagram, Facebook, or Twitter on a daily basis? Good news! these are huge platforms with millions of people. Use your platform like a business, gather as many followers as possible.

How you might ask? Focus on providing your current followers with good content. Go through your post and see what your current user base reacts to the most, refine it, and provide them more.

If you are using Instagram, consider posting high-quality pictures only, and watch your followers increase in number.

It is okay to take 20 pics before getting the right one to post on instagram, but be deliberate about it, let your pictures tell a story, perhaps a story of you on a journey to loose weight for example, or to gain some weight.

It doesn’t necessarily have to be any of the stories above, but if you wake up each morning and do some routine exercise, chances are that you are doing it for a reason, and there are thousands out there with that same reason who could identify with you and enjoy your channel.

Following the methods above, would give you an audience, and an authority on the subject matter in question, now you can make some money online.

How to Monetize Your Online Platforms to Make Money

After a few months of good work? You notice your site gaining traction, your YouTube channel seeing growth, and your Instagram followers have increased.

Now we can talk about making money online. You see, you can only make money only if you provide any value online.

Remember our Top 5 ways to make money online in Nigeria?

  • A skillset
  • Time
  • An audience
  • An ability to market it
  • A way to get paid

Congratulations, you now have an audience. We can now focus on making money online using them.

Before we proceed to talk about how to monetize your platform to make money online in Nigeria, here is a friendly advice, do not, I repeat take on sponsorships to promote things you do not believe in yourself.

Do not promote items that may be detrimental to the success, health, etc. of your followers.

As much as it is easy to gain followers, you could very quickly develop a sore reputation online.

Focus always on providing value to your followers, and success would be your portion.

Make Money Online by Consulting/Online Tutorials

Remember all the work you did while building the audience? and thus making yourself an authority on a subject?

Maybe you used your website, your YouTube, or your Instagram to talk about, weight loss, cooking, parenting, Forex Trading, or Legitimate Online Investments.

You can now provide professional consulting services to your audience. Does it mean, stop creating free value on your platform? No, my dear friend. It means, whatever value you are already providing, add up more, and offer it as paid services on your platform.

There are literally thousands of people out there who offer consultation or tutorial services online and make thousands of dollars from doing this on a monthly basis.

Providing free and valuable information is what would bring in clients whom you otherwise wouldn’t have gotten.

At Dorla, we provide one of the best online investment services in Nigeria, however, you are reading this on our website, why? because we know our audience wants to make money online in Nigeria, if we can teach them the many opportunities that exist, some of them might as well choose our services.

It takes a lot of hard work, but it works, and nothing beats having a happy and well-informed client.

Use Google Adsense to make money

Adsense is one of the easier ways to make money with your audience. It is very easy to set up and does not require any further work from you once you have it set up.

Once you have a website with good traffic or a YouTube channel with a good amount of viewers, you can use Adsense to serve traffic on your articles or videos.

This enables you to make money when your viewers or readers click on the ads. The good thing about Google Adsense is the fact that it is heavily optimized thus, your users are very likely to click on them, giving you lots of revenue. Nothing sounds better than waking up to see money in your account.

Affiliates

Chances are that, there would be a banner somewhere on this post, and this banner has an affiliate link to a services, we hope you would enjoy. Why is this so? Affiliate links are natural ways of making money online in Nigeria.

When you are writing about a product, chances are that you have something in mind you have used in the past, that your clients can benefit from, why not provide them a link to that service provider?

Let’s use Dorla again as an example, we provide online investment services to Nigeria, however, we generate profits through Forex trading, and we believe we have the best Forex broker in the world. So guess why the words the best Forex broker in the world turned blue? because we inserted our affiliate links.

Again, this website is on a server, having used Bluehost for a while, there is nothing wrong with promoting them in blog posts like this where we believe the individual looking to make money online in Nigeria, who might want to go through the website creation route would actually benefit.

It is not only blog posts that you can promote affiliate links, you can put them in the description of your youtube videos, Instagram posts, etc. the opportunities are endless.

Affiliate networking is one of the easiest ways to make money online in Nigeria. Once you have an audience that trusts your authority on a subject, you can make thousands of dollars by recommending to them products or services.

This works for both websites, YouTube, or Instagram. The trick to affiliate networking is to actually post services or products that you actually enjoy.

Respect your audience enough to not just post anything just for the sake of posting, but rather because you believe in it.

Most services online provide some form of affiliate marketing services. If you use the products and enjoy them, sign up for their affiliate systems, and place the links on your website or YouTube description. You can now sit back, and watch the money roll in.

Sponsored Post

When you gain enough audience, company’s would reach out to you. Some companies would offer you free products, others would give you thousands of dollars to just write about them, make videos about them, or a podcast about them to your followers.

At this stage, you already have an audience, you can decide to charge as much as you want for a single post or article about the products.

Podcasts use these methods a lot. The most popular podcast make several hundreds of thousands of dollars by including ads from companies.

YouTube channels, websites, etc. are not left out in this. You can make literally millions of dollars doing this, but first, you need to provide value and put in some hard work.

Other Means of Making Money Online

While the ways of making money online above great, you could use a totally different approach that doesn’t involve as much hard work.

Let’s face it, building an audience online is a hard business. It requires skills and dedication, but if you do have the capital, you could be making money online in a few hours using Adverts.

Google Ads

Google ads provide you with an amazing opportunity to reach out to more audiences.

Your Consultation business, affiliate marketing business, etc. could go from nothing to making money within some short hours if you do have the money to market it properly using google ads.

Most people who make money online in Nigeria use this method to generate huge revenues. The math is pretty simple.

Google ads work because your ads are served to people who are actively looking for the services you are providing. This is a hot audience because they are actively looking for you. All you need to do is provide the service and take your money.

FaceBook Ads

Facebook advertisement is what is termed social ads. Because Facebook tracks the user whether or not they are on Facebook or other websites, it is able to tell to a high degree of accuracy what the person wants.

These type of audience are termed cold audience, fortunately, they do convert well and would provide you with some serious revenue if done right.

Online Investments

Another way to make money online in Nigeria is to invest in legitimate online investments like ours. We have written extensively on how to invest online and make money.

This method of making money online is effective for those who do not have the time or resources to work and make money online in Nigeria but are looking for ways to make passive income online. If you are that person, consider joining us.

Online Trading

Trading in Forex, Stocks, Options, and cryptocurrencies is one of the many profitable ways to make money online in Nigeria.

Trading used to be the reserve of the rich, thanks to the internet, everyone regardless of location can engage in this highly lucrative business.

To trade online, one needs a reliable broker, a computer with an internet connection, and some capital to fund his or her account.

Trading online is an active business, which is emotionally and psychologically stressful and should be taken by highly motivated individuals.

Which of these methods of making money online works best for you? Let us know in the comments.

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Mathew Wright Lead Forex Market Researcher

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