Work and Study: Top Online & Offline Business Ideas for Nigerian Students to Earn While Studying.
Nigerians have found themselves falling into confusion, frustration, and shambles due to economic problems. Everyone in the country is doing everything possible to survive, while Nigerian students are on another level of suffering.
A Nigerian Student studying in the country feels demoralized and discouraged by the government’s educational policies and the thought of securing a job after graduation.
Many students have dropped out of school because of financial problems, and the dropout rate is decreasing every single day. Today, we will show you how to support yourself and your studies utilizing our blog post guidelines.
We have curated a list of the best businesses students can venture into and make some profit.
Nigeria is still an underdeveloped country, unlike European countries, where students can work and study. You must create something for yourself to survive in the country.
Many Nigerian students have come up with business plans on how to make money and support their studies, but the problem is that the country’s economy remains unstable.
Nigeria is not a country where you can invest your money with the hope of making a 100 per cent profit due to the country’s economic crisis; you might lose all your money.
Here is the list of the top 5 Online businesses for Nigerian students.
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Blogging
Blogging is among the best online businesses for Nigerian students. It requires a small amount of money for startups and allows students to combine business with studies.
Starting a blog and making money is very simple. First, you need to know your financial budget. There are free blogging platforms like WordPress, Blogger, and Google Sites, where you can create a subdomain and start blogging. Write about your passion or create a tutorial class for students.
You can monetize your website or subdomains through affiliate marketing, Google AdSense, or selling an e-book.
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Freelance Job
When I was in my second year, freelance work helped me to support myself and my studies. Freelancers make money with the right strategy and planning.
You can offer your services to blog owners and write articles for them. Also, to make freelancing a steady job, create a profile on Fiverr or Freelancer.com. Optimize your profile with the services you offer, and after work, ask your clients for positive reviews.
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Affiliate Marketing
Many Nigerian students have been engaging in affiliate marketing incorrectly. Affiliate marketing is not just about business promotion to get a commission. Firstly, you need to start affiliate marketing with passion and not just try to sell whatever you see in the market. Choose the best niche you are very good at, for example, if you like shoes or suits, market about shoes, your chances of convincing people to buy from you are very high.
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Sell Online or digital products (Use Canva)
Use social media to your advantage and sell your physical products online. Create a Facebook page or TikTok handle and market your brand. Encourage others to share and like your page.
Find people who have an interest in your business and showcase your products to them. You can also sell digital products using Canva to customise your products to suit your brand. Lots of people are making thousands of dollars from selling digital products with the right strategy.
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Create Content (Use Social Media)
The Facebook manager, Mark Zuckerberg, and the Nigerian government have partnered to reward Nigerian content creators with ad monetization. Create profiles on top social media platforms and start posting your content. Ask friends to share and repost your content on their timelines.
Top 5 Offline Businesses for Nigerian Students
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Reselling of products
Reselling products is a perfect way of making profits faster, and it requires minimal capital. You can buy products in bulk at a cheaper price and resell them immediately.
For example, students can go to the local market and buy locally produced foodstuffs and resell them in the city.
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Sell food to students
Everyone on the campus eats every day. Find a perfect opportunity to sell foods, either cooked or raw foodstuffs. Create an opportunity for yourself and find where students need help. Provide help and make a profit from it. Your destiny is in your hands. There is no time to depend on the government to provide a job for you. Create something where you earn money every day.
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POS Service
Pos service is another lucrative business in Nigeria right now. People prefer to do a POS instead of queuing at the ATM line. As a Nigerian Student hoping for survival, the POS business is another way you can help yourself. You can start the business with as little as fifty thousand naira to one hundred thousand naira and make better profit.
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Selling Palm Oil
Palm oil is a life-changing business if you know the strategy and how to make money with it. Students can support themselves with the Palm oil business by buying from rural areas and reselling in the city market for better profit. You can also look for top companies in the manufacturing, cosmetics, biofuels, and detergents industries for supply.
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Palm Kernel
Top companies want suppliers for Palm kernel. It is a lucrative business that requires a minimal amount for startups. You can go to rural areas where villagers produce Palm kernels in bulk and purchase them at a cheaper price. Write a business proposal to the appropriate companies stating your intention of supplying them with Palm kernel. You can buy and resell; it is a very lucrative business in Nigeria right now.
Read more: Essential Study Abroad Checklist for Nigerian Students: What to Do Before Traveling Overseas
Disclaimer: Scholarjoiner cares, and we advise you to research very well about any business you want to invest your money in.
We are not liable for any losses you incurred during your business; our content is for educational purposes only.
