When starting a profitable internet venture in Nigeria, one needs to look at the best online businesses in Nigeria that pays. The good news is that there are plenty of them out there and these days you’ll find a unique internet-based business that pays daily, weekly, monthly and annually.
If you want to make money online in Nigeria, there’re lucrative online businesses and whether you want to invest or not, these businesses will serve you well and you’ll make a lot of money as time goes on.
Starting an online business that pays in Nigeria is very easy and just as we love to give you the best tips on online business here at NaijaKnowHow, this is another article that comprises a list of the most profitable businesses you can try today if you’re a newbie and is hoping to make money online.
List of the Best Online Businesses in Nigeria That Pay
There are plenty of businesses online in Nigeria, some are owned by groups and some are handled by individuals, regardless of what your plans are for starting an online business, we’ve handpicked the best ones for you and you can check them below.
1. Freelance Services
Freelancing is a business and if you haven’t thought of it as one, you might have to change your perspective right away. Most online business individuals in Nigeria are freelancers who offer their services to get paid. And getting paid doesn’t just come from local clients alone, their services sometimes attract international clients and that increases their earnings. You can take freelancing as a business in Nigeria and get paid daily, monthly and yearly.
Freelancing is when you offer your skills online to people who need them and you’ll get paid, it’s more of selling your digital skills online and there are websites like Fiverr, Upwork and so on for finding clients who need your freelance services. Freelancing is an online business that pays in Nigeria and it’s very lucrative.
2. Blogging
Blogging is one of the most profitable online businesses in the world, blogging on its own is a revolution and while there are plenty of people making money off this business, you could be on the list as well by becoming a blogger yourself. Blogging is one of the best legit online businesses out there and all you have to do is get your blog running and work towards making your money.
While making money via blogging is easy, it can be frustrating as well, but with a proper guide on how to make money blogging in Nigeria, you’re good to go.
3. Affiliate Marketing
One of the best online businesses in Nigeria that pays is Affiliate marketing, you have to consider affiliate marketing as a profitable online business in Nigeria. You can make a fortune as an affiliate marketer in Nigeria and there are numerous ways you can market people’s products and get a cut price when customers buy through you. Online shopping sites like Jumia, Konga and so on offers affiliate marketing opportunities for people and all you have to do is make customers buy something through your unique affiliate link.
There are plenty of websites and companies that offer affiliate programs, you could pick any of the best affiliate programs to make money online in Nigeria. If you want to get paid online in Nigeria, you have to consider affiliate marketing as one of the top online businesses in Nigeria.
4. Dropshipping
Dropshipping is another free online business that pays in Nigeria and how does dropshipping work? Well, dropshipping simply means the act of buying and selling other people’s products without using your real money. You just have to highlight cheap products with high demands, then make an advert of them as a direct seller and when people pay, you’ll buy the products with their money and you’ll make your gain at large.
You can start a successful dropshipping business online in Nigeria without any money invested in it. This form of online business requires good marketing skills, if you have one, you’re good to go.
5. Vlogging
Vlogging is another online business you can start up as a Nigerian, with just your smartphone, laptop or desktop computer, you can create a YouTube channel and start making money once your channel has reached the required monetisation stage on YouTube. Vlogging is the opposite of Blogging and while blogging delivers information in soft copy (reading) you can pass information to people through videos you upload on your YouTube channel.
Here are some pointers for successful vlogging: create a niche, recognize and speak to your target audience, provide value, maintain professional video quality, and so on. Publish and promote regularly. Lastly, have the right tools, and check your vlog channel’s branding to make sure it reflects what you do.
You don’t need to make a big initial expenditure to start out as a vlogger in Nigeria. With just your smartphone, you can start making decent videos. However, as your channel grows, it’s advised that you start investing in the right tools if you are serious about creating an online business that’ll pay you daily. Also, becoming a Vlogger doesn’t mean you have to use YouTube all the time, you can also use platforms like Facebook, Twitter, Instagram and so on.
6. Online Tutoring
Online Tutoring is another way to make money and it’s one of the latest online businesses most people venture into in Nigeria. As an online tutor, you can make money by teaching people various digital skills online. Online Tutoring is an online business that pays and it’s very lucrative.
To become an online tutor in Nigeria, you’ll need to create a course that’ll grab people’s attention into acquiring the knowledge they don’t have before, you can create a series of courses and even sell them on websites like Udemy and so on.
7. Forex/Crypto Business
Another awesome and legit online business that pays in Nigeria is forex trading and cryptocurrency trading. Both can be combined as one and while this type of business does involve a lot of investment, one can’t ignore the fact that it’s a profitable business but it’s not for the weak. If you want to make money online via a business that’ll pay you in fortune, I’ll tell you that buying and selling forex or cryptocurrency assets is one of the ways you can consider making money online in Nigeria.
To start off as a forex trader in Nigeria, you’ll need to have good stock trading apps and any good stock market simulator on your smartphone.
8. Social Media Influencing
Social media platforms like Facebook, TikTok, Twitter and Instagram offer a good way to make money as an influencer, by having a social media page with plenty of followers, views and active audiences, you could turn yourself into an influencer and then take social media influencing as a business.
It’s a lucrative business only if you have the right audience and if you’re influencing the right products, businesses or movements. A social media influencer is a businessman/woman and social media influencing is one of the best online businesses in Nigeria that is profitable and trusted. You can check out these tech influencers making a ton of money on social media.
9. Selling Digital Products
Selling digital products is one of the top online businesses in Nigeria, the idea around this type of business is to create and sell what you’ve created. You can create digital products like ebooks, graphics images, written content, documents and so much more. There are websites like Amazon KDB where you’ll make money by selling ebooks and so on.
In a business like this, there’s no limit to the amount of money you can make, all you have to do is always make sure you create the right products and sell to the right users who need them.
10. Web Development
Rounding off the list of profitable online businesses in Nigeria is Web Development/Web Design. Both are relatively the same and if you’re looking for ways to make money online in Nigeria, you can start building websites for people. Whether you’re a programmer or not, you can either build websites with pure coding or seek alternatives like WordPress, Wix, Shopify and so on to build websites for clients and make money.
Web Development and Web Design is a profitable online business, it yields high income and it’s one of the paying online businesses in Nigeria. However, this is a full-blown career on its own, it requires a lot of investment both financially and mentally, specifically, your dedication and time are also needed for a newbie to acquire marketable skills. There are resources scattered all over the internet to kick-start your web development journey.
Conclusion
As a Nigerian who wants to start an online business in Nigeria that pays daily, monthly, and yearly, with or without investments, the businesses we’ve listed above are the best online businesses in Nigeria. Although there are more feasible businesses that pay such earning money by answering paid surveys, copywriting, graphic design, digital marketing and many more. Accordingly, we’ll endeavour to keep this article up to date to help beginners find all the best internet-based ventures to try.
Here are other interesting articles we’ve compiled just for you: Best Apps To Make Money Online (Android and iOS), How To Make Money on PalmPay App (4 Methods), Best Websites to Make Money Online in Nigeria and How To Make Money With Your Smartphone in Nigeria. Don’t forget to leave a comment below and also let us know if there are any omitted businesses we didn’t add to the list.
