Economy20 Ways for Nigerian University Students to Earn Extra Cash and Gain...

20 Ways for Nigerian University Students to Earn Extra Cash and Gain Experience

As a Nigerian student, you can earn money through several platforms online with just your phone/laptop and good internet connection. You can offer services like graphics designing, freelancing, copywriting, blogging and lots more. To be knowledgeable about how to earn money both online and offline, then this article is for you. In this article, you’ll be learning numerous ways to make money while still a student without it affecting your studies.

1 GRAPHICS DESIGN

As a student, graphics designing is a means of generation income in any Nigerian University. As a graphic designer, you can design flyers, e-book covers, logos for brands and lots more. To be an expert graphics designer, you can get a free course on how to design graphics on Udemy or Coursera, you can also download YouTube videos as well. There are a number of websites where you can offer your services and find freelance work, such as Upwork, Fiverr, and PeoplePerHour. With just a laptop or smartphone, you can get started on your journey to earning money online.

2 TRADING FOREX

Forex Trading otherwise known as foreign exchange trading simply means to exchange currency. In forex trading, people buy and sell different currencies on the foreign exchange market, with the aim of making a profit from the changing values of these currencies. They speculate on whether the value of a currency will rise or fall, and then take action accordingly. As a student you can make money here, however you must be a strategist trader. Forex involves a high degree of risk, thus if you want to dive into it, you must know how to manage risk.

  1. AMAZON KINDLE PUBLISHING

Amazon Kindle Publishing popularly called Amazon KDP is an online self-publishing platform offered by Amazon that gives authors the liberty to publish their electronic books (e-books) independently and make them available for sale on the Amazon Kindle store. As a student in a tertiary institution, you can earn money online by converting the knowledge you have about a particular field or topic to an e-book and sell it on Amazon. When you upload your books on this site, you can charge between $0.99 and $200 for your work. Publishing on Amazon does not require any fee. To publish on this site, all you need to do is to write a book and publish it on Amazon. You can use Amazon Kindle Publishing to make money as a student by writing and publishing e-books on the Amazon Kindle platform, you can generate income from sales of your books, even while you’re busy with your studies. This is a great way to monetize your writing skills and earn some extra cash.

  1. BECOMING A FREELANCE WRITER

Another way to make extra income as a student is by becoming a freelance writer. A freelance writer is someone who is hired to write on /works independently by taking on writing/ specific projects like writing articles, blog posts, marketing materials, magazines, or hired to write an entire book. A freelance writer works independently by taking on writing gigs for clients. One of the benefits of being a freelancer is the flexibility to work from anywhere. As a student, you should consider freelancing as another way to make extra income while in school. Although, to become a freelance writer, it is important to have basic training. To get writing gigs, you can check out websites like Upwork, Fiverr, Iwriters, Hwriters. All these websites will bring you close to your clients. Big companies are always looking for freelancers to write for them. All you need is a computer or smartphone and a good internet connection to get started.

  1. COPYWRITING

Copywriting is a strategic use of texts to persuade people to buy a particular product or to render services. Hence, a copywriter is a professional wordsmith, who uses compelling words to craft copies for advertisement, blog posts, marketing, branding or it could be social media updates. The demand for the skill of writing compelling contents is high. Lots of websites and companies are ready to pay money to freelance copywriters that deliver quality content. If you are a writer, then being a copywriter is a plus for you. Freelance copywriting is another way to make extra income as an undergraduate. You can start to monetize your skill just with the use of your smartphone and good access to the internet.

  1. WEB DEVELOPMENT

Web development is a multifaceted field that involves building and maintaining websites. Web developers are the professionals that design, code, create, and maintain websites. Web developers use various programming languages like HTML, CSS, and JavaScript. Web development is a high paying skill However, the effective development of this skill requires technical competence and a problem-solving skill. Thus, to gain mastery of this skill, one needs to sign up for courses online. You can check out courses on Allison, Udemy and Coursera.

  1. BLOGGING

Blogging is another easy way to make money online as a student in any Nigerian institution. Blogging involves writing contents and sharing these contents on websites or any platform. Blogging allows you to share your thoughts and ideas with a large, diverse audience. To be a blogger you need to pick a niche of your choice. Picking a niche helps to stretch your skill. To help you pick a niche to start your blogging, here is a list of niche You can decide to write on to help give you visibility. They include relationships, fashion, health, education, sports, politics, etc. Getting a niche will help you hone your skill. As a blogger, finding a niche is pertinent thus, find your niche and start to earn from it.

  1. SOCIAL MEDIA INFLUENCER MARKETING

Based on global demographics, 4.9 billion out of 8 billion people in the globe are social media users. Below is a list of the biggest social media platforms and the numbers of their users based on the 2023 global demographics.

Facebook — 2.99 billion
Whatsapp — 2.7 billion
Youtube — 2.68 billion
Instagram — 2.5 billion
WeChat — 1.67 billion
TikTok — 1.67 billion
Facebook Messenger — 988 million
Snapchat — 750 million
Telegram — 700 million
Douyin — 600 million
QQ — 574 million
Sina Weibo — 573 million
Kuaishou — 573 million
Pinterest — 450 million
Twitter — 450 million
Reddit — 430 million
Quora — 300 million

This statistics implies that an average social media user interacts using 6 to 7 social media platforms every month. An average individual uses social media platforms for at least two hours and thirty-five minutes a day. If you are a writer and you have high engagement on your social media platforms this is another way to earn money online. With the population of the users of the social media platforms, socal media platforms are the best place to market your business. You can use your influence to persuade your audience to buy a product and you can as well get paid by helping others to market their products. This is another simple way to earn money online.

  1. START YOUR YOUTUBE CHANNEL

YouTube is a popular way for students to earn extra income, with over 2.68 billion users. It’s the world’s largest video-sharing platform. To monetize YouTube, you can work hand in hand with brands and influencers by helping them to advertise their products and services in your videos. In addition, you can also advertise what you sell online. To start a YouTube channel does not require you to be an expert in any field, all you need is a driven passion.

  1. AFFILIATE MARKETING

Affiliate marketing is a marketing model where businesses partner with affiliates to promote their products and services. The affiliates act as a marketing partner and help to drive sales or leads to businesses products or services. Affiliates get paid a commission for helping to promote the business and drive sales. This is another way to monetize your online presence as a student. Affiliate marketing is a lucrative income generator.

  1. VIDEO EDITING

In a world where everyone has massive opinions to share via short videos and visual content, video editing is another skill one can earn massively from. As a student who schools in any Nigerian University, video editing is a lucrative craft to venture into. To master how to edit videos you can check out several online tutorials on YouTube and you can as well download these video editing tools, Blender, for animation; Adobe Premiere Pro; CapCut and Adobe Creative Cloud Express. These and many more tools are available online and they can be mastered and monetized as a student.

  1. START TUTORING

Everybody needs and values knowledge, so we tend to pay a certain amount of money for knowledge. As a student who is knowledgeable in a particular field, rendering teaching services online and offline is also a way to make money. Online, you can check out websites where you can offer tutoring services, or start a YouTube channel where you teach people how to do the things you do. Offline, you can organize paid tutorials on a particular course you know well. The knowledge you have can be worth a lot of money to the right people.

  1. ASSISTING OTHER STUDENTS WITH REGISTRATION

The registration process of all Nigerian schools is stressful and can weigh the newly admitted students if they do not quickly seek help. It gets so confusing that they get scammed by some cybermen. As a student, you can walk them through the whole process of their registration at an affordable price.

  1. BY SELLING DATA

In the university, one of the things you will keep doing till graduation is online research and enquiries. Every lecturer has assignments that will take several online consultations to meet up with, every course has several parts that will take hours of web surfing to understand. Therefore students need data to access these pieces of information via the web. At the same time, they need a vendor to sell it to them at affordable prices. Lucrative students see this situation as an avenue to make money. You can help other students out by being available to make life comfortable for them. Help make data accessible. There are several online Mobile Data vending websites you can check for. Mobilenig.com is one of them.

  1. BECOMING A HOUSE AGENT

Getting affordable accommodation as a student can be mentally and physically draining. It is in fact one of the major problems faced by most students in the tertiary institution. To solve this problem, you can become a housing agent who acts as an intermediary between landlords and students. You can also help with finding roommates for the ones that need them. Getting started with it can be overwhelming, but if you stick with it, you’ll see the benefits.

  1. PHOTOGRAPHY

Photography is handwork and it can be learnt. If you are a student and you learnt photography, another means of making money online is by charging your fellow students fees while you render your service to them. You can as well sell your works online. Website like Usplash is good for uploading your works which will be reached by a global audience.

  1. HAIRDRESSING AND HAIRCUTTING SERVICES

Rendering both hairdressing and haircutting services is an awesome job with great pay. As a student with these handworks, you can generate a source of income from this by offering a good haircut or by making hairstyles for your fellow students. This job will fetch you money and you won’t have to depend on your parents for your upkeep.

  1. COOKING/ SELLING OF FOOD

While being a student, you can become a food vendor. If you know how to cook great and tasty meals then you should consider cooking and delivering food in your school environment. Another way to make money online is to cater events. If you’re a good cook, this can be a great way to earn some extra cash.

  1. BECOMING A POS ATTENDANT

POS is an acronym for Points of Sale. POS helps everyone to make transactions in the comfort of their neighborhood. As a student, you have a better chance to generate a high source of income if commercial banks are far from your neighborhood or school area. You can help save students from the stress of joining a long queue at the bank. As a POS agent, you can perform numerous transactions like, cash withdrawal, cash deposits and payment of bills.

  1. SELLING CLOTHES ONLINE

Lastly, as a Nigerian student, to make money online, you can venture into the business of selling clothes online. Students can buy clothes in bulk at wholesale prices and resell them at discounted prices. This can be a great way to make some extra cash without a lot of overhead costs. To market your goods, the WhatsApp social media platform is one of the best places online clothes sellers sell their goods. This can be done by sending and receiving payments for the goods bought.

Conclusion:

Making money as a Nigerian student is not as hard as it is presumed to be, all is required is your hardwork, commitment, and dedication. There are lots of jobs that pay online and offline, by finding these jobs, you will not have to depend on your parents for money. With thes jobs, you can start generating income for yourself and pay for your expenses. So, as a Nigerian student, you can explore the jobs aforementioned and start to make your money.

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