Business
7 Ways For Students To Make Money In Nigeria
We all know of the economic hardship and how it can show you shege, I mean, problem, if you don’t work or look for a way to earn money, whether online or offline. Well, I have come bearing good news. I am here to show you seven ways to earn money in Nigeria as a student.
Here are seven ways you can make money as a student in Nigeria: Gift card swapping, event planning, starting an e-commerce business, tutoring, blogging, lifestyle vlogging, and lastly, trading cryptocurrency.
1. Gift card swapping
As a student, you can earn money by buying and selling gift cards with high resale rates. So what is a gift card, right? Gift cards are digital assets you can use to pay for items at specific brands online or offline. Examples of gift cards are Amazon, Apple, eBay gift cards, etc.
You can buy gift cards on Cardtonic at affordable prices, I mean, when the prices are low, and you can sell them back on Cardtonic when the prices are high.
It is like you are taking advantage of the fluctuating rate of these gift cards. To get started, you must download their app from the Google Play or Apple App Store and register.
2. Event Planning
Another way you can make money as a student is through event planning. We know that Saturdays are for parties and Owanbe. There is always something to celebrate, right?
So why not take advantage of this and start your journey as an event planner? You will be paid for organising events like parties, game nights, award ceremonies, etc.
3. Start an E-commerce Business:
I know this is something that is popular in most Nigerian universities. Everyone is now selling clothes, bags, etc. But you can do your own business in a special way.
What do I mean? You can open an Instagram page for your business or even go far as owning a website. This way, you show your customers that your products are unique and top-notch.
Once you have built a brand people can trust, you will start making money in no time.
4. Tutoring
If you are a scholar in your institution or a genius, this is for you. You can teach your coursemate and charge them for your time. Plus, you can also offer private lessons to students who are still in secondary school.
Here’s the secret: you can specifically help those who want to write external exams like WAEC or NECO and even charge them a good amount of money for your valuable help.
For private lessons, you can charge as high as 20k per month! Or, if you prefer, you can run a coaching or tutoring center. There, you can have multiple students and charge them up to 10k each.
5. Blogging
Another intelligent way you can beat Sapa is by starting a blog. Now, you can start your blogging journey by owning a website or even starting small with social media like Instagram and Twitter. And when you see you have enough loyal followers, you can refer them to your website.
One of the ways you can make money from blogging is by running ads for companies/brands. Additionally, you can make money through affiliate marketing, where you insert a link to a product and get a commission as a customer buy the product using your link.
6. Lifestyle Vlogging
This is something for content creators. This is where you share your point of view, how you spend your day, or hacks and tricks to solve things with your followers. If you want to do this, I recommend you start your journey from Tiktok.
Why Tiktok, right? Well, Tiktok users love this stuff, and you can quickly build a community of loyal followers on the platform. And once you have a considerable number of followers, you can start running ads for companies/brands, and you will start earning cash!
7. Data selling
Data is life. People need data daily. If you can be selling data to people, you will make your money.
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