Are you a student or young youth in Nigeria? You are looking for the latest online business in Nigeria that you can go into to make money?
This article is for you. In this article, I am going to be sharing with you the top online business in Nigeria you can go into.
Some of these lucrative online businesses in Nigeria will require small capital, some huge capital while some will not even demand any capital. It will just demand your skill.
Yes, so if you have skills watch out for some high-income skills that can make you money fast in Nigeria. As we all know life as a student in Nigeria has gone beyond going to school and getting good grades.
You need to provide for yourself asides from the school fees parents give you. You also need to start a business now so that when you finish school you will not need to be looking for a job rather you will be employing people. This is if you are a student.
Another thing you need to consider is the fact you do not need to know everything before starting these businesses. All you need is to start first and learn whilst you are running the business.
So, are you ready? Here is the list of the best online businesses in Nigeria for students or young adults to make money.
1. Professional Blogging
If you are looking for one if of the best online business in Nigeria you can go into that will start making you money in a short while and can also make you a millionaire in a short while (depending on your effort) professional blogging might be the right online business for you.
Note that I said professional blogging because professional blogging is different from just blogging.
In professional blogging, you do not just blog because you are a good content writer and you know about SEO (Search Engine Optimization) you blog because you have done all the findings you need to do to make your blog a profitable blog before you start.
You have majorly considered the most profitable blogging niche in Nigeria majorly and internationally before buying a domain name and start blogging.
Examples of professional blogs in Nigeria are TheInfoWorth.com, Ideaslane.com, Makemoney.ng, Nigerianinfopedia.com.ng, Ogbongeblog.com, LindaIkejisblog.com.
You can study all these blogs to understand what makes them stand out from other blogs and how they make money. Professional blogging is a low-capital business idea in Nigeria.
It does not require much capital to start. With a website having .com or .ng, you can start a blog with #20,000 – #30,000 and with website extensions like .com.ng you can start a blog with #10,000 – #20,000.
However, it is until you start getting huge traffic on the blog before you can start making money on it. You can make money on your blog through different methods or ways like Adsense, Ad placements, sponsored posts, affiliate links, and more.
2. YouTube Channel
Starting a professional YouTube channel is another lucrative online business in Nigeria for students. If you are good at making videos and editing them this online business is perfect for you.
All you need to do first before starting this online business is to do your findings on a profitable niche and create topics on them. After doing this, you can proceed to create a YouTube channel then start uploading videos there.
Finding a profitable niche before going into YouTube is very important especially if you are looking at increasing your subscriptions fast and getting views fast.
If you can get 1000 subscribers in a month and your videos are doing well you can start making money from the channel with Google Adsense, sponsored ads, and different partnerships.
YouTube business is an online business in Nigeria and all over the world that does not demand capital to start. You can use your phone or a camera to start it.
3. Content Writing
Content writing is another legit online business in Nigeria that students can go into especially if these students are good at writing and Search Engine Optimization (SEO).
You also need a good laptop for this kind of online business as it will be used in writing all your articles and sending them. To start content writing you need to search for Nigerian blogs that need writers and start writing for them.
If you are passionate enough about this online business you can make as much #30,000 – #50,000 weekly. And as for how much you can be paid per article, you can be paid #500 for 1000 words article and #700 for 1500 words article.
4. SEO Consulting Business
SEO consulting business is another latest online business in Nigeria. It is a lucrative business once you become a professional in SEO because there are many businesses in Nigeria and the world over that want to be online.
Many of these businesses and brands want websites that will rank in a short while on Google.
They need your professional advice and consult on how to sell their products or services online without being restricted traffic on roads, stress, and others you can charge them for this.
To be a professional SEO consultant in Nigeria you have to learn SEO first. Depending on how fast you are able to learn. You should be able to learn everything you need to know about SEO within a month or two.
After this, you can now start offering your SEO services to small-scale businesses, and as time goes by offering your services to big companies. As a skilled SEO consultant, you should be able to make #50,000 – #200,000 monthly including expenses.
SEO consulting business is an online business idea in Nigeria that allows working from anywhere in the world. You can be in Malaysia today and still continue your business.
You can also be in the USA the next week and it is still business as usual.
5. Web Design Business
This is another best online business in Nigeria especially if you are considering a business that is flexible that you can also operate from home.
Web designing business is a lucrative business in Nigeria because there are so many businesses that want to be online especially small scale businesses. You can charge these businesses at a particular rate to build websites for them.
Currently, in Nigeria, it cost an average of #40,000 – #50,000 to build a WordPress website. You can charge within this price or above it, the choice is up to you.
To start a web designing business in Nigeria you need to first learn web designing. You can learn this skills on YouTube and by reading some articles on some blogs.
Depending on how fast you are in learning this skill you should be done with it in a month or two and start making money from it. Web designing is a lucrative online business idea in Nigeria especially if you know how to convince your customers that your service is good.
6. Graphic Design Business
If you are good at graphic designing graphic design business might be a lucrative online business for you. With this business, you can meet so many customers online do designs for them, and get paid.
With a graphic design business you can make up to #200,000 – #500,000 monthly including or excluding expenses.
7. Social Media Manager
Another latest online business in Nigeria you can go into is to become a social media manager. If you do not know what a social media management means it simply means the art of making money by managing all social media accounts of celebrities or businesses.
Becoming a social media manager is not hard. All you have to do is to post on these profile accounts and moderate all comments coming to each post.
Social media management is more about maintaining the brand of your employers or improving the brand by doing what each employer wants.
As a social media manager in Nigeria, you can make up to #100,000 – #300,000.
8. Social Media Influencing
Being a social media influencer is almost the same as being a social media manager. The only difference here is that you are the owner of the social media accounts and you are making money from it because of the huge followers you have.
If you are serious about making money online one of the latest online businesses in Nigeria you should consider is social media influencing. To start making money from this you have to first build your social media accounts to thousands of followers.
Depending on the social media you choose Instagram or Twitter your followers can be from 20,000 – 1,000,000 and the moment you are able to attract brands with your post and engagement you can start making money from being popular.
9. Buying and Selling Domain Names
Buying and selling domain names is another lucrative online business in Nigeria that is profitable especially if know how to buy and sell.
In this online business, all you have to do is buy domain names and as time goes by selling them to prospective buyers. I remember the time I was looking for the perfect domain name for my blog.
All the domain names that came to my mind was already taken or registered and the offer the domain brokers were willing to sell them were exorbitant.
If I had decided to buy any of these already taken domain names the domain brokers and the seller will have made a good amount of money. You can make as much as #500,000 – #3,000,000 from buying and selling domains although it is a long time investment.
10. Affiliate Marketing
If you are thinking about the latest online business in Nigeria that has to do with marketing – promoting goods and services, you should consider affiliate marketing.
With affiliate marketing, you can confidently make money from the comfort of your home. But just in case you do not know the meaning of affiliate marketing it simply means the promotion of goods and services and in turn earning money in form of commission.
For example, you can make money from Jumia, Konga by simply promoting some products of their products or other e-commerce websites and make a commission in return.
Although this commission might be small, consider if are able to do your marketing online and you are able to convince 1000 buyers to buy these products you can make huge money.
Affiliate marketing is an online business idea in Nigeria that can make you up to #50,000 – #150,000 monthly it just depends on how strong you are and your ability to learn.
To become an affiliate marketing expert in Nigeria you need to first learn affiliate marketing. If you can learn this within 1 month your journey to creating wealth can start from there.
11. Digital Marketing
If you do not want to do affiliate marketing another online business idea in Nigeria you can go into as a student or young adult is digital marketing.
With digital marketing, you can also make money from the comfort of your home in Nigeria. All you have to do run ads for businesses that want to advertise their products or services online and you make money charging these businesses for your services.
There are many platforms you can use online to advertise your customers’ products or services and you can use any depending on what they want and what their business needs.
You can use Google AdSense to advertise on blogs and YouTube, use Facebook ads to advertise on Facebook, and Instagram ads to advertise on Instagram.
It depends on which this kind of target marketing that will fulfill the customers’ needs.
12. Invest in Bitcoin
Another online business idea in Nigeria you should consider as a student or young youth is to invest in bitcoin.
Although due to the federal government restrictions you can no longer buy or sell bitcoin using your bank accounts you can still buy bitcoins using the P2P medium.
Please be aware that despite investing in bitcoin can be a lucrative online business in Nigeria the market can go low and you can make losses instead of profits within the twinkle of an eye.
If you have some money to spare and you want this money to work for you to make more money, you should consider this kind of online business.
13. Dropshipping Business
Dropshipping business is another online business that pays in Nigeria. It is also a legit online business in Nigeria. It is a business you can run from home, school or anywhere you are.
Although drop shipping business is not the latest online business because it has been in existence for a while. However, the business is only known by a few.
But just in case you do not know the meaning of drop shipping or maybe you have not heard of it before. Dropshipping is a form of retail business where you as an agent simply supply goods from the producer to buyers.
Think of it as an intermediate standing or connecting sellers and buyers together. So you make money simply selling products without actually having the products with you.
Here is an example. So let’s say you say you are into the clothing business because you actually know someone that sells clothes. When you finally see someone who wants to buy clothes you can go buy these clothes from your customer and supply them to the buyer.
14. Online Tutoring
Another legit online business in Nigeria is online tutoring. Online tutoring is a service rendering business in Nigeria. Unlike physical tutoring, we know online tutoring is a bit different because is it lucrative.
It is a lucrative online business because in this kind of business you spend less on logistics as long as you are techy and you can teach. You will need the techy skills to be able to teach with video call apps and your teaching skills to be able to pass knowledge to children or learners easily.
There are many children trying to pass their promotional exams. Asides from this, there are children and adults having learning disabilities you can make money teaching them online.
All you need to start this legit online business in Nigeria is a good phone or laptop with internet. Tutorial business is one of the best online businesses in Nigeria. You can make as much as #100,000 – #300,000 monthly depending on the area you stay in and how well you are good at bargaining.
15. Photography Business
Photography business is another legit online business in Nigeria you can go into as a student or young youth. And the best thing about this type of photography business is that you do not need to print your photos before you can make money from them.
All you need to do as a photographer is to take unique shots, edit them and sell them online. Yes, there are image websites that actually pay you for uploading pics on their websites.
These websites pay you money when your pictures are downloaded because the users pay them money to use your pics.
If you are already in the photography business in Nigeria this online business is good for you because you do not need to learn the rudiments of photography again.
All you need to do is just start making money from your photography skills. This kind of photography business is an online business that requires small capital.
16. E-commerce Business
E-commerce business is a lucrative online business in Nigeria for Nigerians especially students or women who like buying and selling.
With an e-commerce business, you can buy anything absolutely anything, and sell them online using popular e-commerce websites like Jumia or Konga or simply build your own e-commerce site to enjoy your profits alone.
To start a lucrative online business like this you will need small capital. This capital will be used just to purchase the goods that you want to sell online.
E-commerce business is an online business in Nigeria that requires a small capital to start.
17. Ebooks Business
The sales of eBooks is simply known as ebook business is another latest online business in Nigeria today and the business is a legit online business.
If you are a good writer you can also make money from writing ebook asides from writing articles and make money from it. All you need to start this online business is a good laptop and a topic that people (customers) want to read.
After writing this ebook, you can edit it yourself or simply pay an editor to edit for you. After the editor has done his or her job you can also get a graphic designer to make an attractive cover.
After all this, you can promote your ebook online and sell it to Nigerians. Ebook business is also another lucrative online business in Nigeria that does not require capital.
18. Copywriting Business
This is another best online business in Nigeria for writers. If you are good at writing articles you should also be able to do copywriting business.
This is because copywriting is related to article writing the only difference is to write articles for blogs you have to know about SEO and to do copywriting for businesses online you have to know about marketing.
Just in case you do not know the meaning of copywriting or you have not heard of it before it simply means the art of writing to convince people to buy a product or service. This could be done online or through newspaper prints.
However, in this case, we are talking about copywriting online. Copywriting business is one of the best online businesses in Nigeria for you especially if you are good at convincing people to buy just by writing.
The best part about this kind of business is that the online business does not require huge capital. To make money from copywriting business in Nigeria you just need your copywriting skills and a good android phone or laptop.
19. Make Money on WhatsApp
If you are looking for another online business in Nigeria that is legit by using social media just like making money by becoming a social media manager or influencer, this is another online business you should do.
There are different ways you can make money from WhatsApp. In an article, I wrote earlier on the blog I share about ten different ways you can do this.
You can simply read the article or consider the next option I want to share to make money online which is making money doing online surveys.
20. Make Money from Online Surveys
This is another legit online business in Nigeria. It is also lucrative if you are ready to learn and practice. The best part of this online business is you can make money even while learning how to do it.
There are 10 legit online survey websites online in Nigeria. Some of them are local and they pay in naira while some of them are international they pay in dollars.
You can register on any of these online survey websites and answer some random questions. These questions could be about an app, website, game, and more.
By answering these questions you will earn money. Doing an online survey is an online business in Nigeria that does not require capital.
21. Online Consulting Business
Are you good at giving advice? Do you know how to help small businesses or relationships get solutions to their problems? This kind of online business is for you.
With consulting business you can make money online easily without stress. You can also locate customers by partnering with blogs and social media influencers.
The online consulting business is also another online business in Nigeria that just needs small capital to start so you do not need much money for it.
Making money online is one of the best ways you can make money in Nigeria. This is because it reduces stress and it also reduces expenses.
Choose any out of the online businesses I stated above and start a business today. Do not wait for perfection in learning or wait for the perfect opportunity. The best opportunity now! So act now and act fast.
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