Nigerians have always had a hard time figuring out how to make money online, and now that the year is almost over, they are constantly looking up how to make money online in 2023 so they can be ready.
In this article, we will demonstrate how you may make 5,000 Naira each day in Nigeria without having to spend any money at all. You can also acquire new skills and discover new opportunities with our help.
Since the economy as a whole is in bad shape and there aren’t many jobs available, people are always looking for other ways to make money instead of white-collar jobs, which are hard to get.
Let’s have a look at some of the ways people in Nigeria generate 5,000 naira each day without having to spend a single dime of their own money.
This is a popular way to make money online in Nigeria and in the modern world in general
It has turned out to be a very profitable business once you show that you know what people want to know.
- Set up is simple.
- Offers ease and flexibility with time.
- It gives you a lot of choices or things to talk about.
- It can take a long time to get noticed and get enough visitors to make money.
2. Online tutoring
People have the opportunity to teach any subject they are competent to teach through the use of websites such as Preply. They must instruct a wide variety of subjects, ranging from linguistics to scientific research. Students sign up for your class, and as part of that process, they pay you a registration fee.
You are the one who determines the fees for your tutoring services. It is largely in dollars, therefore if you are a competent tutor and many people apply for your lesson that costs $20, translating that to naira might be good income. However, as it is mostly in dollars, it is mostly paid in dollars.
The registration process is straightforward, however you will be expected to produce a brief video in which you discuss who you are and what you do. This is one method that can be used in Nigeria to make 5,000 Naira every day.
Why should one become a tutor?
- By determining the cost of each class, you have the ability to determine your starting salary.
- Signing up won’t cost you a thing.
- Convenient and versatile in terms of the class periods from which you can choose.
- It is simple to take part in because you will be instructing a course in which you are already qualified.
In Nigeria, this is also considered to be a viable method for how to make 5,000 Naira every day. People who are self-employed or who are not committed to an employer are considered to be freelancers.
Freelancing isn’t limited to only writing; it can also include things like developing websites or apps, proofreading, and data analysis, among other things. All you need is a laptop, an internet connection, and a solid skill set to present to potential customers as your requirements.
Clients will post positions on your website and ask you to compose an enticing cover letter explaining why you should be employed. If you are skilled at calculating prices, you have the ability to make enormous profits from your work, which merits praise. Upwork, freelancers, and Fiverr are some examples of websites that offer freelance work.
Despite Fiverr’s reputation as a stringent marketplace, their user interfaces are intuitive. On these platforms, there is no upper limit to the amount of money that one can earn.
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It provides you with a vast array of work opportunities, from which you can select the one for which you are best suited and for which you would be able to submit an application.
Because you have the ability to select the types of shifts at which you can work, it provides both convenience and flexibility with regard to time. ## 4. Virtual assistant This is a somewhat fresh approach to the age-old problem of how to make money in Nigeria.
A worker who provides administrative support to clients via the internet is known as a “virtual assistant.” Many websites, such as Upwork and Freelancer, have clients who are looking for virtual assistants to work for them. Depending on the terms of your agreement with the customer, using these sites could result in you being paid by the hour.
Why use a Virtual Assistant?
- The ability to work conveniently from a distance.
- Can pay either hourly or afternoon a project completed.
5. Affiliate marketing
Since quite some time, one of the most common ways that people in Nigeria make money is by participating in affiliate marketing. It entails the owner of a company or product paying a commission to affiliates for each client or product that is sold as a result of the company’s or owner’s marketing efforts. To put it another way, the proprietor of a company will pay you a commission for each and every service provided to a customer who was advised by you. Affiliate programs are offered by a wide variety of websites, like Remitano, jumia, and Konga; in addition, you can strike deals with your friends who own businesses in order to become an affiliate with them.
Why afffiliate marketing?
- It is not limited to a means of making money solely through the use of the internet because it can also be done away from the computer.
- The ability to advertise things at your own speed provides time flexibility.
6. Selling school notes
Selling college notes is yet another option for those looking to monetize their time spent in Nigeria. Students have the opportunity to earn money online by selling their lecture notes and other class-related writings through platforms such as Stuvia and Nexus Notes. Because there will be no reason to sell notes that are similar to the jotting, the jotting needs to be original. Notes that are not just of high quality but also simple to understand are accepted by Nexus. Students receive compensation once a download of their note is completed; the projected earnings from each sale are approximately $17.
Why sell notes?
- It is possible to pay for your note regardless of the number of times it is downloaded.
7. Selling your photos
Selling pictures is an original approach to the question of how one might generate money online in Nigeria. We’ve all come across websites that need you to make a purchase in order to download images. This is an excellent opportunity for you to earn 5,000 Naira online, provided that you are skilled in photography. People are able to make money off the downloads of their own photographs by posting them on websites such as Adobe Stock and Shutterstock, among others.
Why sell pictures?
- Simple to get started.
- There are many different kinds of niches to enter.
8. Social media Influencing
This is one of the most common and widely practiced methods of making money online in Nigeria. Regularly, people engage in activities on social media, which has emerged as a powerful instrument in recent years.
Consider the social media platform Instagram: for instance, influencers who have a large number of followers can be approached by businesses and firms and asked to post a photo of themselves using their product. You have the ability to set the price of a post at a maximum of 50,000 Naira.
Why should you become an influencer on social media?
- It’s simple to get started because you may utilize your existing personal social media accounts.
- You organize your work around your own schedule and speed.
- When utilized properly, Instagram can be a lot of fun.
YouTube has quickly become one of the most widely used tools in Nigeria for generating income online.
YouTube content creators can make well over 5,000 Naira every video, with the exact amount depending on the number of followers, views, and likes each video receives. A video on any subject that has the potential to attract fans and build a solid fan following has the potential to be monetized, and independent businesses may opt to advertise with you as an intermediary.
Why become a YouTuber?
- It is simple to get started, and you may register, record, and publish everything from your device.
- Make yourself available to a larger audience, as doing so can help you achieve worldwide reputation.
Nigerians have been talking about how to make money online for years. In 2023, you could make money online by blogging, freelancing, selling notes, selling your photos, being a virtual assistant, or using the brave browser.