How to make money online in Nigeria as a Student

How to make money online in Nigeria as a Student

Would you like to know how to make money online in Nigeria as a student? Then this blog post is specifically for you! Discover 20 best online businesses you can start today and make money online.

These 20 ways to make money online in Nigeria as a student are the best ways anyone can make money online. For some, you make money with little or no investment at all. But for some, you have to invest a good amount of money so that you can make profit as fast as possible.

For any online business at all, there are certain requirements or items you need to get ready before you can even think of making any money online in Nigeria. The first being your internet enabled device like a phone or laptop. So am assuming you already have this. Then the second is cheap data subscription. When you are first starting your online business, you will need to do a lot of research and learn a lot of new things within a short period of time. Getting a cheap data plan will ensure you always stay connected and be able to learn and practice at your convenience.

Without wasting any more time, i have put together a list of 20 best online businesses you can start and make money online in Nigeria as a student.

List of 20 best online businesses you can start in Nigeria.

  1. Affiliate Marketing
  2. Mini importation
  3. Forex/Currency Trading
  4. Freelancing
  5. Blogging
  6. Social Media Account manager
  7. Write ebook
  8. Teach on udemy
  9. Seo expert
  10. VTU business
  11. Bulk sms
  12. Article writing
  13. Buy/Sell Crypto currency
  14. Refer and Earn
  15. Youtube Channel
  16. Social Media Influential
  17. Promo videos
  18. Advertising Agency.
  19. Sport betting
  20. Get paid to do tasks online


Now let’s go into alittle details about these 20 best online businesses in Nigeria so that you can see exactly how to make money online in Nigeria as a student. You can choose just one or more from the list, develop yourself or learn more about it then make money online with it.

  1. Affiliate Marketing.

Affiliate marketing is a form of marketing whereby you promote other people’s products and services and they pay you a commission when you make a sale. This is one of the easiest ways to make money online in Nigeria as a student. There are various affiliate programs you can join in Nigeria and make money online without investing a dime. Some of the common ones include konga affiliate marketing, jumia affiliate marketing, amazon affiliate marketing in Nigeria, Payporte affiliate program, coolnaira affiliate program. Etc.

To make money with affiliate marketing, all you have to do is register on the website as an affiliate. Then copy your unique affiliate link and promote the link. Once a sale is generated through your unique affiliate url, you will earn a commission. For some affiliate programs, the commission can be 5%, 10%, 50% even upto 100%. Some affiliate commissions can be one off, recurring or even multi-tier.

  1. Mini importation.

This is also a very easy ways to make money online in Nigeria as a student. What you will do to make money in mini-importation is to search for products that are very hot and can sell quickly both online and offline. Once you discover a good product that will sell quickly, then look for where to buy cheap. You can source your products from websites like,,, etc. Then place adverts online on facebook or instagram or through ecommerce websites like jumia or konga. Once you make a sale or get an order, arrange with a courier and delivery services company to deliver the products to your buyers and collect cash. Make sure you set your selling price in such a way that you make profit after you deduct your cost price, shipping cost and advert cost.

  1. Forex/currency Trading

Trading currency is a way to make money online in Nigeria as a student, but you need to first learn how to trade from experts. Forex trading can be a highly profitable business and at the same time a highly risky venture if you don’t know what you are doing. To make money trading forex, you will need to register with a forex broker like etoro, avatrade etc. Then make a deposit into your forex trading account. From the balance you have in your account, you can then trade currency pairs like USD/GBP. Before entering a trade, study the markets through technical or fundamental analysis, see the trend of the currency pair. Then enter a trade to buy low. Set your stop loss/take profit and sell when the trend is about to reverse.  The smarter you get at spotting trend, the more pips you can catch and the more money you make trading forex.

  1. Freelancing

Freelancing is also a good way to make money online in Nigeria without any investment. All you have to do to make money is register on freelancing websites like fiverr, then post gigs. Gigs are nothing but details about the services you have to offer and the prices you are offering them. You can set up gigs as a graphic designer and use tools like Powerpoint, Corel draw or even Photoshop to make banners, logos, letter head, business cards etc. Then when any one needs your service, they will order the gig and send you a brief on what they need you to do. Once you execute the order, deliver it and your clients are happy and so mark the order complete, you get paid.


  1.  Blogging 

Blogging is also one of the easiest way to make money online in Nigeria as a student. You can start your blog free or get a domain name and website hosting yourself at a cost. If you have a little money you can invest in blogging, starting your own wordpress blog is a very profitable venture. To make money from your blog, you need to choose a good niche to write about, write articles constantly and always update your blog. Do keyword research and search engine optimization to ensure you can get plenty organic traffic to your blog. Once your website daily visits is 100 – 1,000, then you can monetize your blog with adsense, write sponsored post for affiliate or network marketers, sell banner ads space on your website etc.

  1. Social Media Account Manager.

If you are very good with social media marketing on twitter, instagram and facebook, you can manage the social media accounts of big brands or companies that want to reach their customers through the social media. You charge then a fee for this service. To ensure you don’t run out of clients, you have to be constantly on the lookout and reach out to many companies. Show them the importance of having a social media accounts and how you can use the social media to help them grow their brands.

  1. Write an ebook.

If you have any idea that is worth wiring about, while not write an ebook and sell through platform such as Paystack online payment solution. It doesn’t have to be a 100 pages ebook! Search online and forums for problems people have, write an ebook that can solve the problem and make money period! Even a 2 page ebook could sell for as much as 1,000 Naira. With proper marketing, you could be selling 10 copies daily. But make sure the information in your ebook is worth the money you are charging so that you can get good review and that can sky rocket your sales. You can use Microsoft word to write your ebook, then save as pdf. Once you have it in pdf, send to google drive and get a download link. Go to paystack and create a payment form, set your price and include the download link. Once your buyers make payment for your ebook through the paystack, they will automatically be redirected to the download link through which they can download and access what they have paid for.

  1. Teach on Udemy.

Teach on udemy is like writing an ebook but instead of just ebook, you have to make a video of yourself teaching the topic. To make money online with udemy, you will create a video course and upload on udemy. Once your students enroll for the training course, you make money! To make your training videos, you can use screen capture software to record your screen or just use your phone camera to record the training video. You can also do Powerpoint animation video to create your videos.

  1. SEO expert.

Search engine optimization is a very high in demand skill and learning this skill can put lot of money in your pocket. Bloggers, affiliate marketers, e commerce websites needs to make sale and if they can smuggle their way into the first page of google for their niche specific keywords, they have high probability of making sales. That is where your services as an seo expert will be needed. You will help then do seo audits of their websites, determine the best keywords they need to target, how to build backlinks, how to do on page and and off page optimization etc. To make more money, there are many websites in Nigeria that are not properly optimized for the search engines, reach out to the website owners and let them know the benefits they can get in terms of increased website traffic and sales when you optimize their website through your seo skills.

  1. VTU Business.

This is also a very easy and highly profitable business students can do and make money online in Nigeria. To make money online through vtu business, you need to register on vtu platform like the recharge and get paid. The load your vtu ewallet with some money and sell airtime, cheap data subscription, cable tv subscription etc to others directly from your vtu wallet. For airtime sale, you will earn 2% instant profit as a vtu agent on ragp platform and 10% instant profit for cheap data subscriptions you sell through the ragp platform.

  1. Bulk Sms.

Bulk sms sending is another cool way to make money as a student in Nigeria. To make money online with bulk sms sending business, you register with a bulk sms service provider, get the phone numbers to send custom messages to from your client, load to your bulk sms platform and send. With bulk sms, you can send messages to thousands of phone numbers at relatively cheaper rate than what network providers charge. If you send messages to people from your phone, mtn, glo, 9mobile, airtel charge 4 Naira per ext message. But when you send message through the bulk sms providers, you will be charged as low as 2.50 naira per sms. Your customers can be churches, schools, political parties, companies.

  1. Article Writing

Article writing is also one of the easiest ways to make money online in Nigeria for students that are good with words. There are lot of bloggers that requires the services of article writers on a weekly basis. You can also get article writing gigs from freelancing websites. The amount you can charge per article will depend on the length of the article. A 400word words article might pay you 1,000 naira or even more depending on the uniqueness or the article and how relevant to the topic the article is.

  1. Buy/Sell crypto currency

This is also a cool way to make money online in Nigeria as a student. Go to sites like remitano online market place to buy and sell crypto currency and grab your account. Then set aside some money for buying. Check all the sell adverts and see who is selling low, buy and create your own sell advert and sell by adding a little profit may be 5% profit. Then wait till buyers will come. Also you can buy from other sources outside remitano like the mobilenig website or naira4dollar but make sure you buy from trusted website so that you don’t lose your money to online criminals

  1. Refer and earn

This is also a good way to make money as a student and it’s similar to affiliate marketing. Refer and earn is a way companies make their brands or product popular. Many android app owners in the google playstore use of refer and earn to make their app popular. Example of android app using refer and earn to grow their app is the wowapp, Crypto Tab Browser App and you will earn commissions for recommending this app to your friends. That is the basic idea about refer and earn.

  1. Start a Youtube Channel.

Starting a youtube channel and growing the channel so that you have a lot of subscribers then monetize your youtube channel with adsense or affiliate marketing product is also one of the best ways a student can make money online in Nigeria. Starting a youtube channel is free but you have to update your channel with interesting videos your audience will like view and share.

  1. Social Media influential.

This is also a very easy way to make money online in Nigeria. What you will do is either buy a social media marketing account with lot of followers or build one from scratch. Once you have plenty followers, then charge advertisers like 500Naira per post to share their advert post on your twitter or instagram profile.

  1. Promo videos.

You can also make money by making promo videos for advertisers. If you look around on youtube, facebook, instagram etc most of the ads now are video based. Promo videos are short videos used to sell a product, services, events etc. There are different tools available online for you to make stunning sales promo videos for your clients. Invest in those tools, learn how to use then and charge your clients fees to make promo videos

  1. Advertising Agency

Apart from making promo videos, you can also charge clients to run facebook and instagram ads or even pay per click ads on google adword, bing etc. Most people that have products to sell or affiliate marketers always have an advertising budget but might not know exactly how to market their products online. So learn about internet marketing, how to place facebook ads effectively, how to do instagram ads effectively at the lowest budget and get good rate of return for your clients. Then charge your clients fee for doing this.

  1. Sport betting

This is also a way to make money online as a student in Nigeria. Even though this is not highly recommended way to make money, some students are already addicted to platforms like bet9ja, nairabet etc because of high winning odds they see online. Soccer trading is not just about gambling when you learn how to do it correctly instead of just betting blindly.

  1. Get paid to do tasks online

This is also a way to make money online. There are lot of website now in Nigeria where you get paid to do tasks online. One of them is nnu income, where you get paid to login, read new and share sponsored post. Another is viraltrend, where you are paid to follow, like, share, subscribe and comment on facebook, instagram, youtube. Another one is Mygain where you get paid to join giveaways, share advert links etc.


In this blog post, I have shown you 20 best online business you can do to make money. If you have being looking for how to make money online in Nigeria as a student, then I have given you this info free of charge. Bookmark it, share with your friends and always check back because I will be updating and adding more ways to make money to the list.

Click on the link to get  how to make money online in Nigeria Pdf.

Published by Oladiti Dayo
Oladiti Dayo is an online entreprenuer and affiliate marketer who loves to share info about legit ways to make money online in Nigeria.

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