Want an online business in Nigeria that will produce pay daily? The online space has become enormously vast, and online businesses are springing up in their numbers. Not only is the online space becoming vast, but working at home has become widely popular as a result of the global pandemic.

Internet dissemination in Nigeria is at an all-time high. According to a report by NCC in June 2017, Nigeria has over 91 million internet users out of a population of 184 million. 85% of these users are believed to be accessing the internet using their mobile phones.

Anyone with a mobile phone or laptop or smartphone with internet connectivity can start making money online with little or no financial investment. 

Creating an online business in Nigeria opens up vast possibilities and provides a greater reach than a regular business. You can conduct your business with people in the United States, Canada, Australia, and anywhere around the world. That means a larger market with more considerable potential.

If you are not running an online business in Nigeria, you miss out. According to various researches that have been published, people are spending more time on the internet than anywhere else. That opens up a significant opportunity to reach many people with your business. 

Are you looking for online businesses that pay daily? Or maybe you have a 9-5 job and need to make some extra income? Starting an online business in Nigeria is a great idea. The benefits are countless; you do not have to spend money on transport or spend time in traffic. Secondly, you are in control of your time and space!

In this article, you’ll learn the legit online business in Nigeria that pays well, you can take advantage of the opportunities in the world of some of these online businesses.

Online Tutoring

So many people are looking to learn something online. Whether it is writing skills, web designs, business management, how to play an instrument, how to cook. People are learning online more than ever before.

This online business has become very popular in Nigeria today. People would rather opt to sign up for an online course that gives them access to a wide range of information than having to go through countless studies of diverse information.  If you love teaching, then this is a business that can pay you good money daily. You could upload a course on Udemy, Skillshare, and Teachable to millions of students looking for new online courses every day and get paid for every student that signs up for your course. You can also post your online course on many other websites, including Amazon, of course. There are plenty of sales channels where you can sell an online course, you could also decide to hold mini-classes on platforms like Whatsapp or Zoom and get paid for your services.

Now it is important to make an excellent online course. If you post your online course on international platforms, you will have to make it in English. The use of video lessons – you can create short 5 – 10 minutes videos on topics that interest you, checklists, small e-books for support, images, and, for example, an audio version to reinforce your content.

Also, make 3 different packages with corresponding price categories. This way, you reach every customer, so that you take full advantage of the customers’ volume and earn more. Everything and anything is welcome. Just provide value in your teaching, and sure enough, the money will roll in.

Sell your own products.

Creating and distributing your own product is both exciting and challenging. While coming up with your product is the first step in opening your own business, there’s far more to the process, including hours of business planning and marketing efforts that need to be in place in order to find people willing to buy your offering. The road to selling your own creations isn’t easy, but the pride you feel when people buy – and love – what you sell may make all the hard work worthwhile.

You will have to build your own website for this, where customers can order the products. Another way is to place products on Amazon, Facebook marketplace, Instagram Shopping which increases the chance of even more sales.

When you sell your own products, you have higher profit margins, more freedom, possibly more market dominance, and many sales opportunities. This way, you can quickly make more sales via large platforms (such as Facebook & Instagram). They can even arrange the complete handling of your orders, leaving you more time for marketing and creativity.

Online Ad Agency

This is one of the new online businesses in Nigeria. There are so many people on Social media. From YouTube to Facebook, Instagram, Tik Tok, Twitter, Snapchat, and the rest. People spend the best part of their days on these platforms.

Online Ad Agency help businesses leverage the crowd of people on social media to drive leads. It has been proven that businesses that have a good social marketing strategy, increase their sales by over 100%.

If you’ve had even the smallest success with digital marketing, the idea of starting your own agency has probably crossed your mind. It’s an understandably compelling thought. Building an agency makes it possible to score larger projects, bigger wins, and better clients.

Learn more about digital marketing: How much it costs to advertise on Facebook in Nigeria

Starting your own advertising agency can be a very rewarding and profitable career choice. Competition is stiff, however, so you’ll have to make sure your company is a step above all the rest.

Start a Web Store/eCommerce

Starting a web store/eCommerce is also a good idea, where your own products are not necessarily required. eCommerce, also known as electronic commerce or internet commerce, refers to buying and selling goods or services using the internet and transferring money and data to execute these transactions. This means that you can sell things on the internet and get paid for the stuff you sell.  Starting a web store in a niche where your passion lies – makes it more fun and profitable. You can start small and when everything goes well, expand your range with more related products.

All you need is a website. Once the site is up and running, you can list the product and start selling it. As you grow traffic, the sale will automatically increase. You could sell actual products or sell a service like writing, voice-over, and so much more. With a web store/eCommerce, there is no need for a physical space like a shop which means no need to spend money on acquiring a shop or an office. You can do this from the comfort of your home. You have to do a lot of work for it, but you will generate more and more daily income.

Ready to boost your eCommerce site: 5 Blog Ideas for your eCommerce site

However, don’t want to be occupied with your web store all the time? Then you can automate a number of processes. For example, you can opt for dropshipping, where products go directly from the manufacturer or wholesaler to your customers. You can also place the storage of products at Amazon or ShareASale and have the complete fulfillment arranged by these parties. This saves you time, and you also get a lot of “exposure” for your products.

Plenty of features that may take some time in the beginning, will create daily income online later on autopilot!

Copywriting

You’ve always had a way with words, an ability to reel people in with your storytelling. How about putting that talent to use as a copywriter? Sounds like a good idea if we ever heard one. Read on to find out everything there is to know about the job.

Copywriting is the act or occupation of writing text for the purpose of advertising or other forms of marketing. The product, called copy or sales copy, is written content that aims to increase brand awareness and ultimately persuade a person or group to take a particular action.

A copywriter creates clear, compelling copy to sell products and/or educate and engage consumers, flexing persuasive writing muscle on websites, blog posts, product descriptions, email blasts, banner advertising, newsletters, white papers, PSAs, social media platforms, including Twitter and Instagram, and other marketing communication vehicles.

Copywriting is a very lucrative, special type of writing that is often mistakenly overlooked as a career choice. The skill of copywriting is in high demand. Copywriters help create the message on a company’s email newsletters, digital or print advertisements, social media copy, and brand taglines. Copywriters help create the message on a company’s email newsletters, digital or print advertisements, social media copy, and brand taglines. They write the sales messages on billboards and brochures, they write scripts for TV commercials and radio ads. Copywriters do lots of other things to make daily income.

Start making YouTube videos.

Making videos for YouTube is a fast-growing sport. Nowadays, you can film from anywhere with high-quality cameras even on your smartphone. And the videos you make can really be about anything. Think of makeup, sports, crypto, and someone’s daily life (vlogging or keeping an internet diary).

The possibilities are endless!

You will spend a lot of time making videos, especially when they are still subject to editing. When finished, however, they can create passive income online for a long time. You will earn with “Google Adsense” ads that are displayed on your videos.

You get paid every time someone looks at or clicks on this ad. The price per view is low, we are not talking about crazy money here, but if you have many views, it is becoming a bigger stream of income, especially when you create content daily.

Big Youtube stars, whose videos get hundreds of thousands of views every day, are making a full-time income just from Youtube.

You can also receive donations on Youtube.

You can also receive donations on Youtube. In addition to a daily income on YouTube with your videos, it is an extra way to generate income quickly!

It often happens in live streams, where you can sometimes see the amounts increase considerably. Ok, you will have to build a large audience first. But there is a very good chance that they will give you something. Suppose you do a 1-hour live stream in which you answer questions. Then you can earn a nice extra cent with this. And your live stream can be viewed again later, where you place advertisements again. So do you regularly combine normal videos with live streams? Then you can earn money in 2 ways.

With donations, it is, of course, true that you get them. It is nice when your subscribers make a donation. This gives you extra for all your efforts.

Professional Blogging

Do you love movies, music, football, or even fashion? Why don’t you make money writing about things you love. Start a blog on a niche of your expertise and get traffic from search engines and social media sites. We would strongly recommend starting a blog on a dear topic to you. 

Once you start getting some traffic, apply for the Google Adsense program. Once approved, you can start making anywhere between $60 – $120 a month. As your site’s traffic grows, the earning will grow too. 

You can make additional income with Affiliate marketing, Product sales, and much more. Creating a blog is very easy that even a high schooler can do it and like most online businesses, you only need a laptop and internet connection to start. You can create blogs with a site like Wix, Blogger, WordPress, and so much more.

Creating a blog is easy and it should not take you more than 20 minutes to create one. We advise you to create a self-hosted blog, that way you can customize it and be fully in control. It is very difficult to make big money from a free blog.

Create a website for Affiliate Marketing

This is a very lucrative online business in Nigeria that people often overlook. Affiliate marketing is all about referring people to buy a product or service for a commission.

Affiliate marketing is an ideal way to make more money and start a home-based business, it doesn’t require much money to get started, and you don’t have to produce, stock, or ship product inventory or deliver a service. You’re essentially paid for referring new clients and customers to other businesses online.

I know it sounds so easy and less lucrative but let’s break it down. Let’s assume you recommend a product like a Laptop worth N100k. And your commission is 20% which is N20k. You share your links through your networks, and at the end of a month, 100 people purchase through your recommendation. That will be 100, 000 x 100 = N10 million. Your commission will be 20% of N10 million, which is N2 million! So in a month, you have made N2 million. That’s just from 100 people now. Imagine if it’s up to 200 or 1000.

The Affiliate marketing market is worth billions of dollars, but it is not well explored in Nigeria and Africa. To become a successful affiliate marketer, you will need to target a particular product or industry. Then create a niche blog about that product or industry and recommend their products. You can also create niche social media pages and push your affiliate marketing there.

You can join and get products or services to promote many affiliate marketing networks. Some of them are Amazon Affiliate, Jumia Affiliate, Konga Affiliate, Commission Junction, and more.

Freelancing

This is a very profitable online business in Nigeria. The freelance business is on the rise. It is both flexible and lucrative. Are you skilled in any area? If you’re skilled in areas like designing, writing, programming, and more, you can offer your services as a freelancer and work for as many companies as possible. There are also sites like Upwork and Fiverr where you can bid for jobs and make money. 

In the United States, Freelancers makeup 35% of their workforce and contribute over $1 trillion to the economy.

Freelancing is a work-from-home business, it gives you the flexibility to do other things at the same time. You can earn up to $200 daily as a full-time. If you have any in-demand skills, you can become a freelancer and make good money from it.

Looking to learn a skill: How to build a WordPress website or blog in Nigeria

Instead of waiting for a company to employ you, you can put up the skillset you’ve acquired on freelancing platforms and get paid for it. Speaking from experience, companies will like that you’ve worked and managed projects for people on your own with little or no resources. It will make them trust you a bit to handle some of the workloads.

Freelancing is a very lucrative online business. On Upwork alone, which is just one platform, Freelancers make over $1 billion every year! And you can be among!

There are many skills that you can put out there as a freelancer. It could be writing, graphic design, typing, translation, desktop publishing, programming, video editing, social media skills, and many more. People are looking for people like you to collaborate on projects.

You can find freelancing jobs on freelancing platforms like Upwork, Freelancer, SimplyHired, Toptal, PeoplePerHour, 99designs, and many more.

So, instead of carrying your CV from one office to the other under the hot sun, why don’t you set a profile on any freelancing platform and start making money doing what you learned from school.

What are the best ways to earn income online?

The internet is currently the busiest place in the world. More engaged than any market in the world. Billions of people worldwide use the internet every day, making transactions. Starting an online business gives you access to so many more customers than a business would in the real world.

And the fantastic thing about online business is it’s cheaper to maintain. You can be in your bedroom and run your online business. All you need is a computer and a connection to the internet. The startup cost is cheaper than regular business.

Another thing I love about online business is how the internet gives you a level playing field. No one on the internet cares who you are, how connected you are, who your father is, how rich you are or where you come from. It’s all about what you can offer.

So why don’t you get started? Pick one or two from this list and be good at it. It will be rough at first, but if you stay true, we promise you, you will see the money coming in.