The prices of goods and services in Nigeria have been on an upward rise due to inflation, insecurity, and other factors. This has made it quite difficult for Nigerians who earn solely in naira to live comfortably, save more, and build wealth faster. Fortunately, there are several ways you can live in Nigeria and earn dollars from the comfort of your home. In this article, we’ll be discussing some of the ways to earn dollars while living in Nigeria. Let’s get right to the crux of this article.
How to earn in dollars in Nigeria would be discussed below:
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Blogging
Blogging is one of the ways you can earn dollars in Nigeria. Although blogging might take some time before you begin earning, it is one of the ways Nigerians make hundreds to thousands of dollars every month, depending on the traffic flow to their websites. A major requirement that increases your earning potential through blogging is the traffic your site generates. To build your audience, it is important to consistently produce articles that are informative and relevant to the niche you settle for, such as celebrity gist, sports, education, how-tos, etc.
Once your website has begun experiencing a massive traffic flow, you can begin earning in dollars through several ways. You can monetize your website to earn commissions through Adsense when your visitors click on displayed ads. Other ways to earn through blogging are by writing product reviews for corporations, selling ebooks to your site visitors wherever they are on earth, through affiliate marketing, and allowing sponsored posts from other bloggers on your website for a fee. With blogging, there’s no limit to what you can make if you are consistent and keep up with the ever-changing blogging landscape. You can begin blogging on Blogger or WordPress which are free platforms to use and do not require hosting fees.
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YouTube Channel
Starting and growing a Youtube channel is another means of earning dollars in Nigeria. Before you can begin to earn from Youtube, your channel must have had 1000 subscribers and recorded 4000 viewing hours. Once you’ve built your audience to the aforementioned requirements, you’ll need to join the Youtube Partnership Program to be able to monetize your content through Google Adsense. The eligible videos on your Youtube channel that can bring in Adsense earnings must be free from any sort of copyright infringement, meaning your content must be unique. You earn through Adsense when your subscribers and visitors to your channel watch ads displayed for extended periods and/or click on them.
Another way of earning a decent amount of dollars from your Youtube channel is through a feature known as fan funding. However, fan funding is applicable only when the number of subscribers to your Youtube channel is 30,000 and above. Through fan funding, willing subscribers of your channel can make recurring monthly donations in exchange for bonus content. You can use Patreon, a third-party service, to monetize your Youtube channel’s fan funding donations.
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Amazon KDP
Amazon Kindle Direct Publishing is yet another means to earn dollars in Nigeria. Kindle Direct Publishing is a self-publishing platform that allows people to independently publish books to earn income. On Amazon KDP, you can publish a range of books including memoirs, fiction, non-fiction, low-content books, and much more. To ensure that your published books on Amazon KDP reach a wider audience and increase your earning potential, it is important to perform keyword research to know the kind of topics that people would be interested in. Using Ubersuggest to research keywords and producing books on topics similar to bestsellers on KDP are proven ways of reaching a wider audience. Also, ensure to format your books according to Amazon KDP’s guidelines and create captivating book covers.
This year alone, that is, from January to September 2022, approximately USD 341.3 million have been disbursed to authors and publishers on Amazon KDP, and many Nigerians living in Nigeria are beneficiaries.
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Writing
Writing is one of the common ways people earn dollars in Nigeria as the demand for web content has become increasingly important for businesses and companies who wish to increase their visibility on the internet. Companies and business owners all over the world hire writers in freelance or remote positions to create readable web content to build an online presence, generate new leads and compel them to become customers, as well as stand out from their competition.
With a smartphone or laptop, an internet connection, and the knowledge of crafting content for websites such as email newsletters, email campaigns, blog posts, articles, product descriptions, and articles, many Nigerians earn dollars on numerous platforms where they provide these services to businesses and companies, especially those in the United States and other First World countries. Some of the platforms that provide opportunities for Nigerians to be hired on a freelance basis or in full-time remote positions include Upwork, LinkedIn, Indeed, Remotive, Freelancer, Fiverr, and Crossover.
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Affiliate Marketing
Affiliate marketing is another avenue that Nigerians and other legal residents earn dollars while living in Nigeria. There are several international affiliate programs such as AliExpress, Clickbank, and JVzoo, that accept Nigerians and other nationals to earn commissions by promoting the products and services of businesses and companies that desire to gain new clients and customers. Since these affiliate programs are of international acclaim, they make payments to their affiliate marketers in dollars. In addition, Nigerians who are bloggers may also earn income in dollars by promoting the services and products of other people or organizations on their websites.
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- 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.