How to Make Money Online in Nigeria as A Student in 2022

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Read this article to understand how to make money online in Nigeria as a student. 
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Introduction

Making money as a Nigerian student online is pretty simple and accessible. You can earn money through several platforms online through your phone or laptop and an internet connection. 

Your education can lead you to a path where you can earn one stable stream of income through employment based on your degree. You can gain other skills and earn money on the side to diversify your income streams. 

Read this post to understand more practical ways to make money online while balancing your schedule, classes and exams as a student. This article should help you figure out easy ways to understand how to make money online in Nigeria as a student. 

10 Ways To Make Money Online as a Student In Nigeria

1. Graphic Design

As a college student, you can generate additional income by designing graphics as a side hustle. You can design social media graphics, e-book covers, t-shirts and more. If you land the right clients, you could earn ₦100,000 from graphic design alone, as your stream of passive income.

Graphic designers and students can find several design job boards to find work. Additionally, several companies are always on the lookout for freelance services or remote services. To learn graphic design, you have to get a better understanding of Photoshop, Figma and other design tools. You can learn graphic design through several free courses on Youtube and Udemy. Once you have a basic understanding and a portfolio, you can offer your services on websites like Upwork and Fiverr to make money online. 

Outside of this, you can also sell photos on the internet.  If you are a photographer, you can sell your photos on the internet. Explore websites like Unsplash that allow you to upload pictures that can be used by millions across the globe. Additionally, you can sell your art in digital and physical form. Amplify your art and reach a new audience through social media!

2. Dropshipping

Dropshipping is a model where eCommerce entrepreneurs can sell products without carrying inventory. When the owner of the store receives an order from a customer, they approach the supplier to ship the products to the customer directly. 

Dropshipping is popular among online entrepreneurs as it requires a minimal initial investment. There is no requirement for storage or shipping fees involved. You need a laptop and an internet connection to get started. This is one way how to make money online in Nigeria as a student. 

3. Forex Trading

Trading forex involves currency exchange. It involves a degree of risk. To start your forex trading journey, you need a broker who has low commissions. Additionally, you need a trading strategy. Ensure you have covered your bases with risk management as well. There are several brokers in this space. Ensure you verify their authenticity and compare their features before you make a decision. 

4. Sell EBooks Online

As a student, you learn several topics and courses in college. To earn money online in Nigeria as a student, you can sell EBooks online. You can author these books as a freelance content writing service to make money. You can sell these books to individuals online or to other students on your campus. The Amazon Kindle store should be your ideal spot to sell these books online and make money as a student in Nigeria. Additionally, you can create accounts on Gumroad to source customers to sell your books to. This is how to make money online in Nigeria as a student. 

5. Blogging

Blogging is a relatively easy way to make money online as a student in Nigeria. This option requires you to have a grasp of language and grammar. You can blog about any topic of your choice and carve a niche for yourself. For example, if you are an expert in dating and relationship advice, you can write about how people can fix their relationship problems. 

You can pick a niche of your choice. The options include investing, relationships, finance, religion, food, fashion, lifestyle, health, sports, literature and more. 

You can choose one niche and expand to more as you get a hold of it. 

As a blogger, you can brush up on your content writing skills and sell blogs to companies as they need them. Blogging is about storytelling while addressing problems in a structured format. As a blogger, you will have to churn out content regularly to gain traction. 

You can start by posting content on platforms like Medium or Blogger. 

6. Social Media and Influencer Marketing

There are billions of social media users on the planet. Social media marketing is a key pillar of digital marketing and the need for creative, innovative yet analytical professionals to execute this feat is on the rise. 

If you engage in social media and have a flair for writing and an analytical mind - you can earn money by creating content for other brands and pages on social media. 

Once you build enough skills through an online course or practice, you can choose the projects that excite you the most with the clients of your choice. There is a minimal investment required to get started with social media as a side hustle to make money online. 

Additionally, you can build an audience on social media and become a social media influencer. Social media influencers are on the rise. Earlier, you would need hundreds of thousands of followers to bag brand deals. Now, brands are willing to collaborate with influencers who have a few thousand followers. 

Social media influencers earn money through brand deals, collaborations and also by launching their businesses. Being an influencer requires consistency with content creation and a basic production setup to get started. 

7. Start Tutoring

If you are academically gifted, you can earn money as a student by tutoring and teaching other students. You can mentor your peers about a subject you excel in or you can mentor those younger than you at a certain cost. 

If you speak foreign languages and have an affinity for art or even math - you can become an online tutor. This is a tangible side hustle for those who are in college and want to earn some extra cash. 

You can decide if you want to conduct webinars with potential students or tutor & mentor students one-on-one. You can explore UpskillTutor and Tutor.ng to connect with students who need academic assistance. 

8. Monetize Storytelling! 

We live in a time where monetizing your thoughts is possible, as long as you can assign a certain quality of production value! You can start your podcast and create content for listeners across the world. You can earn money from paid ads, listener donations and premium episodes. Additionally, if you have a unique voice, You can take up projects online to narrate audiobooks or narrate voiceovers for branded content and commercials. If you think you can deliver a range of tones such as conversational, authentic, friendly and approachable - you should explore narration of audiobooks as a way to earn money on the side. 

9. Monetize Language Skills

One way to monetize your language skills and earn money is through proofreading. This is a flexible option. Not everyone can be a proofreader. You need a sharp eye for detail and an understanding of the language to find success in this area. This is a suitable side hustle for college students, working professionals and even stay-at-home parents. 

Another way to monetize language is through transcription. If you can listen and type fast at the same time, you can consider transcription as a side hustle. You can transcribe on platforms like TranscribeMe and earn in dollars on an hourly basis. To make the most of this side hustle, ensure that you’ve polished up your language skills. 

To take it further, you can try your hand at translation if you know more than one language. You can put these skills to use and translate for people on the internet. Language services are in demand worldwide. There’s a requirement for it from content to travel & tourism and even the medical industry. You can explore short-term language work on freelancing websites, primarily as gigs. Additionally, if you are looking for long-term associations, you can explore partnerships with translation agencies. This is a side gig you can take up in your free time and make money on the side as a student in Nigeria. 

10. Answer surveys and share feedback

You can answer surveys and share feedback through your phone. This is how to make money with your phone in Nigeria. You can answer surveys online and earn rewards. Several platforms allow you to take online surveys, read emails, and play video games in exchange for freebies or coupons. Additionally, answering surveys is meaningful. They help businesses design better products that match the end user. You can also test apps and websites to share feedback for big businesses. Several online platforms incentivise users to share feedback. This is a quick and easy way to make additional income on the side for students. 

Conclusion

There are several avenues to explore to make money in Nigeria as a student. You could just rack up enough skills to become an entrepreneur. You can start earning money through your phone or laptop and an internet connection. 

Ensure that you take up work that is holistic and helps you upskill. The main goal is that the side hustles you take up should help you build a better job profile without interfering with your studies. 

FAQs

1. How can a student earn NGN 1000 a day?

Students can earn money by picking up any of the options listed above and act on honing their skills. Graphic design, answering surveys and sharing feedback are very interesting starter options. 

2. How to make money online as a secondary school student in Nigeria?

As a secondary school student in Nigeria, you can earn money by picking up side hustles. Ensure this does not get in the way of your studies when you take up additional gigs. 

3. How do students make money for free in Nigeria?

As a Nigerian student, you can explore freelancing platforms to get started with content writing and graphic design gigs. You can earn money online by upskilling and selling your skills to clients.