Have you ever thought about how to make money in a Nigerian university or other higher education institution? Have you ever wanted to earn a passive income as a campus student without interrupting your studies? Today, we share with you great business ideas for students to bring your wish to fruition.
Why do students want to earn money at school? It’s simple. Students who live away from their families have to spend money on personal upkeep, such as food and lodging. You will also have to handle planned and unplanned day-to-day expenses at school, such as copies of school supplies and dues payments to the relevant student council.
Earning extra money on top of what your parent/sponsor gives you helps reduce the burden on the sponsor and most importantly helps the student maintain their savings, here is the list of businesses you can run.
Paid Survey
There are hundreds of online survey websites, but the opportunities depend a lot on the country you live in. The online survey is a questionnaire that you can complete online to help companies, individuals and organizations improve their performance. Companies want to know they can improve and win over more customers and outcompete their competitors. Here are some lists of online survey websites
Honesty is very important. When answering surveys, try to be sincere or you may be penalized. We have reviewed the sites listed above and we are sure they are legit, and millions of users are currently using them. But when you are looking for other online survey sites not covered here, beware. Don’t ever pay to join.
Affiliate Marketing
Affiliate marketing involves having your own site and sending your traffic to someone else’s site to buy their products or services. For every sale initiated by a link from your site, you earn a percentage–an affiliate sales commission. Affiliate marketing can be a very lucrative online business opportunity for Nigerians with a significant online presence. If you work in popular niches such as technology and fashion for instance, then you can earn lots of money for every customer you refer to buy. You only need to refer a few customers every month to make huge money.
Here is the list of legitimate Affiliate programs, companies, or merchants in Nigeria you can promote their products or service as an affiliate marketer to earn passive income online and how to start affiliate marketing in Nigeria.
- Jumia Affiliate Program
- Konga Affiliate Program
- PayPorte Affiliate Program
- Web4Africa Affiliate Program
- Wakanow Affiliate Program
- VConnect Affiliate Program
- WhoGoHost Affiliate Program
- Bet9ja Affiliate Program
- Travelstart Affiliate Program
- DealDey Affiliate Program
To earn in dollars, here are some international Affiliate Program
- Grammarly Affiliate Program
- Aliexpress Affiliate Program
- Finddigitaltools Reseller Affiliate Program
We have money-earning affiliate marketing strategies that we teach our students who go on to become affiliate marketing moguls on their own.
Our support community is also available on standby to help you with those technical challenges when they come calling. Questions? Comments? Inquiries about the training? Leave a comment. Also, join our Forum for discussion and learning.
Gigs on Fiverr
Remote working has been a popular trend in recent years. One online marketplace where you can showcase your skills and get paid for the work you do is Fiverr. Knowing how to make money on Fiverr can offer endless work opportunities, giving you a reliable stream of income from any part of the world. Fiverr is a leading online marketplace that offers services referred to as “gigs.” It’s a platform where freelancers can list and advertise their digital services to buyers all over the world.
There are plenty of gigs in different categories, including programming, digital marketing, lifestyle, and graphics and design, to name a few. Whether you’re a writer, a web developer, or a virtual assistant, you can make money on Fiverr doing what you love. The lowest acceptable charge per gig is $5, partly explaining why the platform is called Fiverr. However, that doesn’t mean you should charge $5 — that’s just the base pay.
If you have unique skills that others might find helpful, Fiverr allows you to list them as gigs. Whether it’s copywriting, web design, social media marketing, or video editing, you can start selling your skill.
To better understand how Fiverr works, there are two parties involved:
- Sellers: A seller is anyone looking to sell a service to earn money. Simply put, sellers are freelancers showcasing their skills and services to prospective buyers. A seller lists their services on Fiverr alongside the amount they charge.
- Buyers: A buyer is anyone looking to purchase a service on the platform. Buyers can use the search tool to browse seller profiles and find the ones who meet their requirements before placing an order. The bottom line is that buyers hire sellers to accomplish specific tasks.
Fiverr has 200 categories. Here are just a few of the most lucrative types of jobs on Fiverr.
- Graphic Design
- Website Development
- Translation
- Copywriting
- HR Consulting
- Social Media Marketing
- Mobile App Development
- Influencer Marketing
- NFT Artist
If you need a tutorial on how to set up your profile and position your account for orders on fiver? indicate in the comment section below or join our forum to carry on the discussion on this topic.
Becoming a tutor to other students
Whilst every tutor loves educating their students, the aim for the majority is to make money tutoring and gain a solid income. There are two ways you can make money tutoring, by offering face-to-face tuition or online tuition, which could work really well if you’re looking to make money whilst studying yourself.
If you are interested in becoming an online tutor kindly reach out to ad***@ed*****.org or leave a comment below.
Here is a list of professions that are popular among modern students, along with subjects you can most likely teach if you are studying them in college or at university and how much they will allow you to make:
- Engineering Subjects (General Math, Physics, Technical Drawing)
- Software Development (Coding, Computer Science, Data Analysis, Business Information Systems)
- Data Analyst (Machine Learning, Statistics, Economics, Finance)
- Graphic Designer(Branding, Drawing, Web Design)
- Market Research Analyst(Advertising, Copywriting, Business, Communications)
Sell Data and Airtime
The telecommunication industry is the second most profitable after the oil industry. Loads of millions are made each day by the various telecom companies and their partners. Apart from the major giants in the industry, there are still some other ways small businesses or individuals make money from the sector.
Therefore, if you wish to do data and airtime business online, this article is good for you, and if not it is still good for you for special knowledge. Follow the information below on how to start a data and airtime business in Nigeria.
Software Development
Software engineers are one of the highest-paid set of employees in the world today. Software developers keep increasing in numbers daily as they readily get employed and equally make a lot of money for themselves when they develop problem-solving software. Top information technology companies in Nigeria pay their software developers as much as one million naira in a month, which ranks them second just behind oil company workers. Young Nigerians have over time succeeded in software development, inspiring others with the idea of also going into Software development as well. These questions now arise,
- How do you acquire the technical skill for software development?
- How do you monetize your skills?
- How do you combine it with your school schedules?
Acquiring technical skills is easy for a focused mind, but it requires extensive personal research and time. However, your time of learning can be reduced if you learn from experts willing to show you the ropes quickly. Software development is a broad field with various specializations like website design, web development, mobile app development, Ui/UX design, product testing, Animation, etc. If you are interested in learning any of these skills comment below with your email address and you will be linked to a software firm. Also note that software development skills are not only relevant on campus, international communities scout for software developers yearly.
Sell Clothes (Mobile boutique)
You have a phone and faculty mates, departmental mates, and co. You can use your WhatsApp status as you shop to advertise to your mates and make cool money. To start this business, get a reliable supplier of clothes to send you pictures of his/her available order. Put them on your status and advertise to your classmates and add your margin on the product price. It’s a simple business but an effective source of making money on campus.
Trade Crypto
As a student in Nigeria, you will spend a lot of time in front of a screen reading. To maximize your time, it is essential to have a profitable side hustle ready on the computer. Here is where Nigeria’s active currency trading market becomes a huge opportunity.
This is possible, thanks to the p2p revolution. Here buyers and sellers find the best offers in an escrow-enabled platform. The provider holds each party’s funds while the transaction is in process and then deposits the funds once the deal is complete. The exchange rates of cryptocurrencies change rapidly, so opportunities to make a profit arise faster and with more significant margins.
An excellent choice in this market for any Nigerian student is Remitano. A p2p exchange that works in over 50 countries and has integrated support for Naira in its wallet feature. This allows for instant trading opportunities using the local currency for crypto. Here while studying, a student can survey the open position and trade in the FIAT crypto market. It is easily something that can be made on the side with minimum knowledge of blockchain and computers.
Graphic Designing
Web Designing is no doubt a great online skill to learn to make money. The design, development, and maintenance of user-friendly websites have become a difficult endeavor in an era marked by the rapid rise of digital technology.
With that, the demand for full-stack designers capable of creating dynamic, imaginative, and sophisticated websites is slowly but steadily increasing. If you have an eye for designs or visuals and are familiar with programming languages then Web Designing is for you.
A web designer needs to be highly proficient in graphic designing, UX/UI, coding, programming, and so much more. User Experience and User Interface play a significant role because 75% of consumers form an opinion about a website solely based on how it looks and feels. A web designer must grasp the art of improving UX (user experience) and UI (user interface)
Understanding the basics of programming language and designing is a must for creating a website that is functional and ensures a great user experience. Learning to code can be intimidating at first, but there are a plethora of excellent web designing courses accessible online to help you get started.
Become a YouTuber
When you think about becoming a successful full-time YouTuber, you might think about big-name channels with over a million subscribers. Your channel is your personal presence on YouTube. Each YouTube account has one channel attached to it. In this guide, you will come across different Ideas/Topics for YouTube channels, how to create and monetize the channel and how to gain more subscribers. Here is the list of how to be a successful Youtuber
- Setup and build your YouTube channel
- Add Quality content
- Build an audience
- Monetize your videos
- Get at least 4,000 watch hours to start earning money.
- Set up Google Adsense
- Check your analytics
- Market your videos elsewhere
- Become a YouTube partner
- Increase your YouTube revenue with affiliate marketing
YouTube is an extensive topic, kindly watch out for our extensive breakdown of how to make money on YouTube.
Sell Photos
Freelance photographers are self-employed photographers. They take projects from various organizations and people as and when they like.
Freelancers have the flexibility to choose what project they take on. For example, it could be for a media company, a newspaper, an event, or a commercial shoot. They get paid by project/hour/day. To make money, freelance photographers have to market their work. It is important to have a strong portfolio and network to find new projects.
There is no one kind of photograph that sells the most universally. It depends on where you are selling your images, which niche you are targeting, and who your customer is. More specifically, if you are selling on stock photography sites, there are a few categories that sell better than others.
For example, pictures of people doing everyday things, nature, animals, and transport are especially popular. In addition, images of businessmen and women, electronics, and money are hugely in demand for businesses. You can sell prints, offer your photography or retouching services, or teach. Depending on your personality and what you are interested in, you can monetize your skills in photography.
Make Comedy Skit
Making comedy skits is the new oil economy in Nigeria. The list of Nigerians who have made and continue to make a fortune from producing and marketing comedy skits is seemingly endless. Consider Oga Sabinus, Mr. Macaroni and Aloma Isaac Junior. We no longer need to draw a large crowd to a stadium to make a huge sum of money. A stage can be set up anywhere, even in your bedroom. What’s more, you don’t even need a large camera setup; your smartphone can generate millions of naira from any location. Here is what you need to be a good comedy skit Marker.
- Have a good social media presence
- Have a signature look
- Produce High-Quality Content
Facebook, YouTube, TikTok, Instagram, and Twitter are the major social media platforms you can take advantage of as a skit maker. Knowing how to monetize is important, as how each platform can be used to achieve different objectives.
TikTok is the most popular social platform in Nigeria, there is no upper limit to how much money you can make on TikTok, but your earning rate is solely determined by the rate of engagement. TikTok pays 2-4 cents per 1000 views, so the more engagement you garner the more money you make.
By publishing your skits on YouTube, you can make money. Every day, YouTube receives billions of views, and if you are creative enough, some of this traffic will be directed to your home page. YouTube continues to receive billions of views, and if you are creative enough, a portion of this traffic will be directed to your home page. With AdSense, you can earn somewhere around $0.01 and 0.013 per click.
Celebrities and influential people appear to congregate on Instagram. However, you do not need to be on any of these to benefit from the platform. As long as the content is engaging, you’ll get the audience you need.
Facebook is featured on this list not because it will pay you for your skits, but because it can be used to make money via affiliate marketing, sponsored posts for brands, or becoming a social media influencer.
Have a signature look
A great way to stand out and be easily recognized is to develop a distinctive style. Zics Aloma, Toama, and Sidney Talker have demonstrated the strategy’s potential efficacy. In addition, you can easily differentiate yourself by focusing on a specific niche. However, this could limit your adaptability.
Produce High-Quality Content
Your audience will continue to follow your timeline if your content is of high quality. Make every effort to produce content that is original and engaging. Recent events in the nation and in the world at large are a major source of content, nevertheless, your creativity and dedication will be the difference maker over the years.
There are other online money-making ventures that will later be discussed include
- Sell Artwork
- Becoming a Dog Trainer
- Sell on Jumia/Konga
- Start Dropshipping
- Email Marketing
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