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Smart Ways to Make Money in Nigeria

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Despite being the largest economy in Africa and having an ever-growing GDP, Nigeria suffers from persistent double-digit inflation rates that lead to their currency plunging in value. Moreover, the lack of jobs contributes to Nigeria’s striking unemployment rate as high as 23.1% in late 2018 – which was nearly a quarter of the population without jobs!

The good news is that even though there might not be full-time jobs for you out there, you can create your own.

We don’t want your talent to go to waste, so we’ve gathered 30 ways you can make money without having a job.

How can I make money online in Nigeria fast?
With access to a computer and working Internet connection, you are already halfway to making money online. The rest is just to find appropriate channels that will pay you for your time:

Trading bitcoin
When high inflation rates and inaccessibility to banks make it insensible to deal with naira, it’s the perfect timing to look into cryptocurrencies as an alternative as these digital assets are decentralized, unaffected by economic recessions, and can be traded instantly.

Using peer-to-peer marketplaces such as Paxful, you can obtain bitcoin in various ways including but not limited to gift cards, PayPal or cash deposits, etc. Play around with exchange rates, bitcoin’s prices, and foreign exchange rates and you can make a big profit.

Paxful’s Affiliate Program allows you to earn a 50% commission on the escrow fee every time one of your direct referrals makes a trade. Let your money snowball!

Difficulty: Medium; Speed: Instant

Join Paxful and start trading bitcoin.

Offering feedback on websites and apps
Websites aren’t born perfect. The popular websites we use now have gone through generations of modifications and remodifications – from feedback given by users.

Help out the next tech giants by spending 10-20 minutes to navigate their website and tell them what you think about it. Giving feedback on their questionnaires or tasks can earn you up to $60 per test through sites like UserTesting.

Difficulty: Easy; Speed: Fast

Taking online surveys and watching videos
There are more easy ways than watching videos to make quick money online. On InboxDollars, brands have paid users over $56 million worth of cash rewards to take online surveys, read emails, play video games and watch videos – and offered coupons for grocery stores, or freebies from top brands in exchange.

Besides the money, what you’re doing is meaningful and reciprocal. Your responses on surveys will help big brands better design their products that match your interests, which you – the end-user – will enjoy eventually.

Difficulty: Easy; Speed: Fast

Playing trending video games
While other apps pay you for playing small and perhaps repetitive games on your phone, Mistplay actually lets you play cool and famous games for gift cards. Some popular games that they offer include Words With Friends 2, Yahtzee, Clash Royale, Star Wars, etc.

The more games you play, the more you get rewarded. And guess what? Besides Amazon, Starbucks and Google Play gift cards, you can also receive your rewards for Xbox, Nintendo, and PlayStation – time to play even more games!

Difficulty: Easy; Speed: Medium

Searching online for your next purchase
You may not believe me, but search engines probably know you better than your closest family members or friends do. Every question you want an answer to, or product you’ve wanted to buy for ages all become a result on a search page – and search engines are willing to pay now to understand these customer behaviors!

On Qmee, whenever you search, some sponsored results with price tags showing you how much you’ll earn by clicking on it will come up. You can click on them to receive rewards immediately, or use Qmee’s coupons and deals available to save on your next shopping spree.

Difficulty: Easy; Speed: Fast

How to make money in Nigeria as a student?
Although the above game plans to make money fast are legitimate, it may take a couple of weeks or months before the profit is big enough to buy a few meals. In this section, we are going to show you a few ways that, although it may take a longer time, give you much more in return.

Teaching English online
It feels great to use an existing skill to make an impact on other people’s lives, while making some extra cash, no? Sites like TeacherOn connect potential English teachers with students who speak English as a second language. Once signed up, you can set your own hours and start teaching wherever you are. Everything is done online, and you work according to your own schedule.

Teachers can earn up to 10,000 nairas per hour on TeacherOn, and get to watch your students improve over time – it’s a win-win situation.

Difficulty: Medium; Speed: Medium

Translating materials
Once you log onto freelance websites such as TranslatorsCafe, you’ll be connected with hundreds of thousands of job postings for translation, interpretation, copywriting and editing. Projects on these sites can vary greatly by nature. For example, a project can be done solely online, while another requires an in-person presence. The expertise required for each project can be different too, covering fields such as entertainment, games, medicine, law – to name a few.

If you’re learning a language at school and want to flex your linguistic muscles with some real-life practice, this is the right place for you. Compensation rates are negotiable for some projects – get in touch with the job poster today!

Difficulty: Medium; Speed: Medium

Working freelance in, literally, every expertise
Teaching English and translating/interpreting aren’t the only ways you can make money online as a freelancer. Hop onto websites such as Upwork or Freelancer, and you’ll see that there are job postings asking for help in SEO marketing, coding, video making, copywriting – you name it.

Similar to TranslatorCafe, you’ll need to introduce yourself in a proposal first, then if you’re selected for the job, a message thread between you and the job poster will be initiated. If you work hard enough, you can earn up to hundreds of dollars a week!

Difficulty: Medium; Speed: Medium

Selling your old textbooks for Amazon Gift Cards
We’ve been there and done that; college textbooks are big and heavy and are only used for a semester or two. Once you’ve soaked up all the knowledge from them, why not trade them in on Amazon Trade-In for gift cards that you can then spend on the next textbooks or electronics you need for school? You can check how much your books are worth on their page and guess what? Shipping fees are on Amazon!

Difficulty: Easy; Speed: Fast

Selling your notes
The scribbles you jot down during class aren’t only good for your late-night cram study sessions; upload them online to make a side income! Sites like Nexus Notes and Stuvia are marketplaces where you can list your notes and receive compensation when another student downloads them. Make sure your notes are of high quality and legible though – no one likes to spend 10 minutes to decipher a sentence!

Difficulty: Easy; Speed: Fast

Making voice-over
Each of us has a unique voice. Projects on platforms like Voices.com are always looking for audio talent for commercials, animation, video games, narrators, storytellers, and instructors, etc. The most popular styles that they look for include approachable, authentic, conversational, friendly, and believable. If you’ve got a quiet room and want to see how your voice may deliver ideas, have a go at online acting today!

Difficulty: Medium; Speed: Medium

Delivering parcels on your beloved bike
Do you have a motorcycle and enjoy being on the road? If so, sign up to be a Kwikster on Kwik, a Nigerian on-demand delivery platform. Once your documents and licenses are verified by Kwik, you’ll get your green uniform and start delivering high-quality services. When someone needs your service, you’ll be notified and given time and address to pick up the parcel as well as to send it. Drive safe!

Difficulty: Easy; Speed: Medium

Entering data
We know that as students, you probably have to deal with large amounts of data from time to time for school projects. If you think that you’re detail-oriented and want to actually get paid for entering data, check out websites like Smart Crowd and Clickworker. Users can sign up to complete small tasks under a bigger project, such as data research and data entry. Pay differs from project to project.

Difficulty: Easy; Speed: Medium

Selling goods
All of us have something that we can do without, but something that could very well be someone else’s beloved item. Make some profit from what you own on e-commerce sites such as Jumia and Konga. These two sites are some of the most visited e-commerce websites in Nigeria and allow individuals and small businesses to sell their products.

Difficulty: Easy; Speed: Medium

Completing tasks for big companies
Can you imagine that taking photos at a supermarket or answering questions about a certain product can earn you money? Big companies now take market research to a different level and are willing to pay you through tasking apps such as FieldAgent and BeMyEye, if you’re also willing to complete on-demand tasks. These tasks usually take about 8-10 minutes and pay USD$3-12 each. Not bad if you’re shopping anyway and need some subsidy on your groceries!

Difficulty: Easy; Speed: Fast

Scanning barcodes from your grocery shopping
Going from a similar token, the National Consumer Panel does intensive market research for big brands, and now they’re wondering what you buy every time you visit a supermarket or a mall. What you tell NCP will be very useful for companies to understand consumer behavior – help your favorite brands create even better products for you! You’ll be awarded points for each bar code you scan from your purchase, and the points will accumulate and become gift cards eventually.

Difficulty: Easy; Speed: Medium

Renting out your dorm for films
If you have consulted with your roommates and they are okay with renting out your guys’ room as a potential film set, list your room on JJMedia Group today! You never know, your dorm room might become the center stage of Nollywood’s next equivalent of Pitch Perfect!

Difficulty: Easy; Speed: Medium

Investing through a user-friendly app
Although investing may sound daunting for a twenty-year-old, it’s actually not that undoable with Acorns’ help and easy navigation. This app has a “round-up” feature, which drops 77 cents to your Acorns account when you spend $10.23 at the grocery store, for example. The $1 monthly membership fee is also waived if you’re a student under 24 and have a .edu email address. Get ready to save up to hundreds of dollars a year with the app!

Difficulty: Easy; Speed: Medium

Earning cash back rewards
After learning about Rakuten cashback rewards, you probably won’t buy any original-priced products ever again. Not only do you get discounts off popular brands such as Amazon and Macy’s, but also receive a cashback balance – you can choose to have your free money from Rakuten paid through PayPal or by a check. Seriously? You get money back for spending money now? I’m in. Join others in saving hundreds, or thousands, of dollars a year!

Difficulty: Easy; Speed: Fast

Selling your photos
Instead of posting your photos on Instagram for feel-good likes, turn them into a means of income by uploading them to Foap. If someone wants to use your photos, they’ll pay you for licensing, and you’ll earn half of that licensing fee every time they sell with the help of your photo. Your pocket money can really snowball with just a snapshot of your food, winter boots, holiday season celebrations and whatever that’s in demand.

Finally, visit paxful to trade BTC and giftcards https://paxful.com/blog/make-money-in-nigeria/


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