Make Money Online: 8 Lucrative Ways Nigerian Students Can Start Earning $2000 Monthly in 2024

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8 Ways You Can Start Earning $2000 Monthly Online as a Nigerian student in 2024.

We know about Sapa and how it can show you shege, even bigger wahala if you don’t work or look for a way to earn money. 

The conventional additional income stream for students has often been taking on part-time salesperson or restaurant work to supplement their income. But things have changed since the internet, and you now have the potential to earn the money you need online.

Making money online in Nigeria isn’t child’s play. We’ve heard instances of 18-year-olds pulling in over $2000 every month. While it might seem like magic, our investigations show that 70% of the time, it’s genuine. With the right guidance, you can also tap into various legitimate online income streams without much complexity.

 

Here are eight lucrative ways you can earn money online as a student in Nigeria:

 

1. Freelancing: Freelancing is blowing up in Nigeria and is one of the best ways to make money online. So, what’s the deal? It’s simple: offer your skills, and get paid for it.

Let’s say you know how to write; some of the freelance sites to make money online in Nigeria include Upwork and Fiverr. The same applies to those who know multiple languages; they can earn writing translations for documents. At the same time, you can make money on the same sites by freelancing your graphic designing, video editing skills and more.

To kickstart your freelancing journey, sign up on these platforms, create a killer profile showcasing your skills and expertise, and start pitching to potential clients. Don’t worry if you’re new to the game; everyone starts somewhere. Just put yourself out there, and deliver top-notch work.

 

Read also: How to Start Freelancing as a Student with No Experience (2024)

 

2. Virtual Assistant Jobs: If you’re looking for a side hustle as a student, virtual assistant jobs are a good way to make money online in Nigeria. As a virtual assistant, you’ll be helping clients with various tasks, from email management to social media handling from the comfort of your home.

Virtual assistant jobs are in high demand and a great way to earn money online as a student in Nigeria while working with clients from all over the world.

To land your first virtual assistant gig, start by polishing up your resume and highlighting any relevant skills or experiences you have. Then, hop onto online job boards like indeed and start applying to Virtual Assistant Jobs that catch your eye. With a bit of persistence and dedication, you’ll soon find yourself earning some extra cash without ever having to leave your room.

 

3. Affiliate Marketing: Affiliate marketing is another lucrative avenue for Nigerian students looking to make some extra cash online. As an affiliate marketer in Nigeria, you don’t need to have your product or services to make money, you can promote other people’s products or services and earn a commission for every sale or lead generated through your unique affiliate link. You only need an internet connection and a product to promote.

To get started with affiliate marketing, sign up for affiliate programs with companies or brands that align with your interests or niche. Once you’re approved, you’ll receive a unique affiliate link that tracks your referrals. Then, spread the word! Share your affiliate links on your blog, social media accounts, or website, and watch the commissions start rolling in.

 

4. E-commerce: E-commerce is booming in Nigeria, and it’s easier than ever to start your own online store and start selling products. Whether you’re passionate about fashion, beauty, or gadgets, you’ll certainly find your niche in the e-commerce market.

To kickstart your e-commerce journey, start by identifying a niche or product that you’re passionate about. Then, research suppliers and manufacturers to source your products.

Once you’ve got your inventory sorted, it’s time to set up your online store using platforms like Shopify or WooCommerce. From there, it’s all about marketing your products and attracting customers to your store.

 

Read also: Personal Finance Tips for Nigerian Students (Top 3 Practical Tips)

 

5. Social Media Management: If you’re a social media expert, why not put those skills to good use and start offering social media management services to businesses and brands? Social media has become a big trend in Nigeria and businesses are constantly on the lookout for skilled individuals who can help them grow their online presence and engage with their audience. And that could be you.

Start by building up your social media profiles and showcasing your expertise. Then, reach out to local businesses or online entrepreneurs and offer your services. You can also join freelance platforms to find social media management gigs.

 

6. Blogging: Blogging has been around for ages, but it’s still one of the most effective ways to make money online in Nigeria.

To begin your blogging journey, select a niche that you’re passionate about, choose a platform like WordPress or Blogger to start your blog, secure a memorable domain name, set up hosting with a provider such as Bluehost, design your blog using customizable themes, start creating high-quality content that resonates with your audience.

Once you’ve built up a loyal readership, you can monetize your blog through various avenues, such as display advertising, sponsored content, or affiliate marketing.

 

7. Online Courses and Tutoring: You can make money in Nigeria easily by just teaching what you already know using a course outline and your mobile phone as a camera. It can be teaching a subject, a skill like video editing, makeup, or a subject you know well. Additionally, you can also create courses from what you know and sell them to people.

To get started with online courses or tutoring, identify your areas of expertise and create a curriculum or lesson plan. Then, you can upload your courses to platforms like Udemy and start promoting them to potential students.

 

8. Content Creation:  Last but not least, content creation is another fantastic way to make money online as a Nigerian student. Whether you’re a talented dancer, musician, or comedian, there’s a huge demand for original and engaging content on platforms like TikTok, YouTube, and Instagram.

To monetize your content, focus on building a loyal following and engaging with your audience. 

Once you’ve built up a sizable following, you can start monetizing your content through sponsored posts, brand partnerships, and advertising revenue.

 

The Bottom line: Making money online as a Nigerian student might seem like a bigger wahala at first, with all the never-ending lectures, assignments, and late-night studies, but it’s entirely achievable.

We all know that making money is the only way to beat Sapa. But apart from that, the sense of accomplishment, financial freedom, and peace of mind that comes from earning while you’re still a student is everything.

 

Still curious about other ways SUI can help you attain financial independence? Check out our Monetary and Resource Grants page to learn more.

 

Beware of scams: Not every opportunity is legit. Stay vigilant. Try to research any money-making claims that are being made.

 

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