How to Make Money as a Nigerian Student without Failing Academically

How to Make Money as a Nigerian Student without Failing Academically

If you are a Nigerian student, I believe you understand how important it is for you to make money on your own.

Almost everyone thinks that Nigerian students are rich and there is no need for giving them extra money.

Well, what if you become rich as a student and fend for yourself, not needing anyone’s help?

What if you can make daily income from the comfort of your home or hostel as a Nigeria student?

This will save you a lot of embarrassment from the people you frequently go to ask for money.

In this article, I will show you sure ways to make money as a Nigerian student without affecting your studies.

But before that, let’s see some reasons why you need to make money as a student.

Reason why you need to make money as a student

There are several reasons why you need to make money as a Nigerian student but here are the most common ones.

  1. Save yourself from frequent embarrassment whenever you ask for money
  2. Have enough money to eat good food in campus
  3. You can cover some needs that your parents might see as frivolous.
  4. When you make your own money, you learn how to manage funds.
  5. If you are making money as a student, you relieve your parents of the stress of putting you through school.
  6. You will be proud to be among the first to fulfill all education requirements like buying handouts and textbooks.
  7. Internet subscription will no longer be a burden you pass to your parents and relatives.
  8. You can transport yourself to distance around the school, saving yourself from the stress of trekking and making you arrive early at tyour destination.

How to make money as a Nigerian student without failing academically

As you have seen, there are many reasons you might want to make money as a Nigerian student. 

Earning extra money to add to your allowance is very helpful. 

So, it is imperative for you as a Nigerian student to know how to make money genuinely.

In another note, venturing out to make money can end up being a very costly affair. 

If you don’t have discipline and proper time management, it might begin to adversely affect your grades. 

You don’t want to be left with a ton of carry-overs to rewrite after your mates have graduated from school. 

One of the easiest ways to genuinely make money as a Nigerian student is online. 

This is because you have more control of factors like time and place. 

You don’t need to wake up and get through traffic just to get to some office downtown. 

And timing is flexible; you can wield it to your convenience so it doesn’t eat into your study time. 

That said, below is a list of viable online businesses that can be combined with schooling.

8 Genuine Ways to Make Money As a Nigerian Student

 1.    Become a Virtual Tutor

make-money-as-nigerian-student-virtual-tutoring

Everyone has got a thing they know too well and can teach to others. 

You may not know it but there are dozens of people online looking to learn what you know. 

They are willing to pay, too! 

This is an opportunity for you to turn your knowledge into cash by teaching others what you know.

You can sign up for tutoring platforms like Tutors NG that allows you to create teaching materials through webinars and one on one tutoring. 

2.   Sell Books and Stories Online

make-money-as-nigerian-student-selling-books-online

If you’re a creative writer this is especially for you. 

You can make money as a Nigerian student by publishing a book on online book stores.

Okadabooks is one of the leading platforms in Nigeria that helps you do this. 

Write your best stories (fiction or nonfiction) and publish on Okadabooks platform as e-books and start making money straight away. 

If you want to go global, then you should consider self-publishing your books on Amazon

3. Do freelancing jobs

Nigerian-students-can-make-money-as-freelancers

If you are skilled at writing, graphics designing or proofreading etc, then you can make money doing freelance jobs.

There are a lot of platforms and individuals looking for freelancers online.

Platforms like People Per Hour, Freelancer, Upwork, Fiverr, just to mention but a few. 

These platforms act as a kind of broker. 

Usually, they regulate the transaction between service providers and the buyers for a percentage. 

They have payment options that are as fast as they are safe. 

All you need to do is register with your details on any one of the aforementioned platforms and start earning money.

4.    Affiliate marketing

students-make-money-from-affiliate-marketing

Affiliate marketing is one of the best way to make money off other people’s products or services.

You don’t necessarily need to have a product or services to sell to engage in affiliate marketing. 

With affiliate marketing, you earn commissions from every sales you complete and you can collect your money immediately, weekly or monthly.

If you own a blog, then generating organic traffic to buy the affiliate products becomes easier.

If you stick around, I will discuss about blogging as another means of making money online as a Nigerian student.

With a blog, you can share and advertise the affiliate product links and every time a sale is made you get a commission. 

5.    List on Property Websites

make-extra-income-from-property-listings

There are many students who do not like to stay in school hostels, as a result, they are stuck trying to find a lodge outside campus.

This can be very challenging for them especially because they are just visiting the school for the first time.

You can make money online by making it easy for other students to find a place to stay outside school.

All you need to do is to register yourself as an agent on property websites and post about available to-lets in your area. 

You can go beyond posting about student lodges to listing other properties in your area.

The property owner pays you a commision for every successful transaction.

You can sign up on Jumia Deals to start listing properties in your area.

6.  Open an E-commerce Website

open-an-ecommerce-website-to-make-money

This is similar to being a middle man. It is easy and hassle-free. 

There are many e-commerce websites like Jumia, Yudala, Konga, etc. 

These places allow you to list and sell products online. 

Dropshipping is another way to go. 

In simple terms, it is like taking someone’s orders and then going to the supermarket to get it for them, for a profit of course. 

But, with dropshipping, the orders are taken on your website and the products got from a third party.

7.    Apps & Websites Testing

do-app-testing-an-make-money-as-a-student

This is what you might call beta testing. 

Online companies need real people to test user experience on their websites or apps. 

This way company coders and developers can catch glitches that need fixing before launching for everyday users. 

Same goes for their products and services. 

It is an effective way to ensure customer satisfaction. 

8.     Start your own Blog or Vlog

blogging-and-vlogging-makes-you-earn-as-a-student

With consistency, you can make money from blogging. 

Sharing new, refreshing, and specific content will see you definitely carve out a niche for yourself. 

This translates into more visitors who find your information or products useful.

The more the traffic the more money you make. 

On the other hand, YouTube channels are there to be utilized for vlogging. 

With vlogging instead of writing you share content through video recording. 

You make money as a blogger or vlogger by allowing ads on your website.

Advertising agencies like Google AdSense will pay you for every click you get when they show ads.

In addition, you can also make money selling affliate products on your website or selling your own products.

Conclusion 

These genuine ways of making money as a Nigerian student can continue to put money in your pocket even long after you are done with school.

Just like every other business, starting out may seem difficult and the income may come in slowly.

These are not get-rich-quick schemes. They all require hard work and commitment. 

You just need to persist and be consistent. 

Before you know it, you will start start smiling to bank every time to enjoy your money.

If you find this article helpful, please share it with other people so that every student can make enough money for themselves.