10 Simple Ways to Earn in Dollars While Living In Nigeria (Full Guide)
Are you a Nigerian looking for legit ways to earn dollars? if yes, then you are at the right place as we will be walking you through some simple ways to earn in Dollars while living in Nigeria, so keep reading.
Inflation, unrest, and other causes have all contributed to an increase in the price of goods and services in Nigeria. Because of this, it has been challenging for Nigerians who only earn naira to live comfortably, save more money, and build wealth more quickly. Fortunately, there are various methods to make a living in Nigeria while working from home.
You may also want to read 10 Legit Online Business Ideas That Pays Daily in 2022
Below are 10 ways you can easily earn dollars while living in Nigeria.
10 Simple Ways to Earn in Dollars in Nigeria
- YouTube Channel
- Affiliate Marketing
- content writing
- Publish e-books
- Taking on-demand tasks
- Online Teaching
- Taking surveys
- Forex Trading
One of the methods to earn dollars in Nigeria is through blogging. Blogging is one of the ways Nigerians make hundreds to thousands of dollars per month, depending on the number of traffic to their blogs, though it might take some time before you start making money. To increase your blogging income potential, your site’s traffic generation is a crucial prerequisite. You must regularly publish articles that are educational and pertinent to the subject you select, such as celebrity gossip, sports, education, how-tos, and so on, if you want to increase your readership.
You can start making money in a number of ways after your website receives a lot of traffic. By receiving Adsense commissions when users click on displayed adverts, you can monetize your website. There are several methods to make money blogging, including writing product evaluations for businesses, selling ebooks to site visitors anywhere on the earth, affiliate marketing, and accepting sponsored posts from other bloggers on your website in exchange for a fee. If you are consistent and keep up with the rapidly evolving blogging landscape, there is no end to how much money you can make from blogging. Both Blogger and WordPress are free blogging sites that don’t charge for hosting, so you can start there.
2. YouTube Channel
Another approach to earning dollars in Nigeria is to launch and create a YouTube channel. Your YouTube channel must have 1000 subscribers and 4000 viewing hours before you can start making money there. When your audience satisfies the aforementioned criteria, you must enroll in the YouTube Partnership Program in order to earn money from your material using Google Adsense. Your content must be original if you want your YouTube videos to qualify for Adsense profits because they must be free of any copyright violations. You make money from Adsense when viewers of your channel and subscribers watch the advertisements for long periods of time and/or click on them.
Fan funding is a tool that allows you to make some good money on your YouTube channel. Fan funding, however, is just accessible to YouTube channels with 30,000 or more subscribers. Through fan funding, willing viewers of your channel can make recurring monthly contributions in exchange for supplemental material. Using the third-party service Patreon, you can monetize the fan funding contributions made to your YouTube channel.
3. Affiliate Marketing
Another legitimate option for Nigerians and other people to earn money in Nigeria is through affiliate marketing. Nigerians and other nationalities can sign up for a number of international affiliate programs, including AliExpress, Clickbank, and JVzoo, to promote the goods and services of businesses and organizations trying to attract new clients and customers in exchange for commissions. These affiliate networks pay their affiliate marketers in US dollars since they are well-known internationally. Additionally, Nigerian bloggers who advertise the goods and services of other people or companies on their websites may receive payment in dollars.
- Graphics Design
- Digital Marketing
- Virtual Assistant Jobs
- Data Entry
- Application Development
The internet has made it possible for Nigerians living in Nigeria to legitimately earn in dollars if they are proficient in these skills discussed above. With the high exchange rate of 745 to 750 naira to a dollar (black market rate), earning in dollars while living in Nigeria makes it possible to live a comfortable life despite harsh economic realities.
You may also want to read How To Easily Earn N500k Monthly by Writing Content
4. Content Writing
To earn dollars In Nigeria, writing is one of the most popular ways to make money because businesses and organizations who want to boost their online visibility increasingly value web content. All over the world, companies and business owners employ remote or freelance writers to produce legible web material in an effort to establish an online presence, attract new leads, persuade them to become customers, and set themselves apart from the competition.
Many Nigerians make money on various platforms where they offer these services to businesses and companies, particularly those in the United States and other First World countries, by having a smartphone or laptop, an internet connection, and the knowledge of creating content for websites such as email newsletters, email campaigns, blog posts, articles, product descriptions, and articles. Upwork, LinkedIn, Indeed, Remotive, Freelancer, Fiverr, and Crossover are a few of the websites that provide Nigerians the chance to work remotely full-time or on a freelance basis.
5. Publish e-books
Everyone has the opportunity to publish for free with Amazon Kindle Direct Publishing. The fact is, if you know something that the rest of the world doesn’t, why not share it with them? With KDP, you can sell your e-books anywhere in the world and get paid in dollars for each sale.
6. Taking on-demand tasks
Because they are aware of the potential effects it may have on their organization, large corporations around the world frequently pay for market research. As a result, they offer compensation to those willing to conduct on-demand research for them. Through apps like BeMyEye, they make payments. The activities typically take five to ten minutes, depending, and they are worth between $3 and $12 each ( it varies). Therefore, increase the amount you would earn from each research project by the number of projects you are ready to undertake. Absolutely not a bad start.
7. Online Teaching
This is among the simplest ways to earn dollars in Nigeria. Even though English is our official language, some nations only speak it as a second language, and this is where the gist enters the picture. Given your English proficiency, you could desire to teach those who lack it in order to gain some income for your proficiency. That’s all there is to it. Sites like Teacheron allow prospective teachers the chance to connect with students and find students to teach English to. After registering, you have the option to choose a convenient teaching time and location of your choice. Everything is done online, and your hours are determined according to your convenient schedule.
8. Taking surveys
Brands pay users to watch videos and complete online surveys because they want to make sure they are providing their customers with the right services.
9. Forex Trading
Foreign exchange and foreign currency are combined to form the term forex (FX). Converting one currency into another for a variety of reasons, usually for commerce, business, or travel, is known as foreign exchange.
According to the Bank for International Settlements triennial report, the daily trading volume for foreign exchange reached $6.6 trillion in 2019. (a worldwide bank for national central banks).
Forex trading is the most rewarding expertise to make your dream of earning in dollars while live in Nigeria a reality if you’re considering long-term ways to do so in Nigeria.
Online transcriber jobs are becoming more and more common. Online transcribing employment in Nigeria allows Africans with proficient listening and typing skills to work from home while earning bucks.
According to information provided by Zip Recruiter, the typical American online transcriber earns more than $45,000 per year. As a result, Africans with an eye for detail who can both listen and type could make a living.
Financial Wolves estimates that each hour of work completed on platforms for independent contractors could bring in between $15 and $25.
10 Simple Ways to Earn in Dollars While Living In Nigeria
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