Business ideas for university students in Nigeria: Make money while you learn!
Looking for ways to make money while you’re still in university? This article is for you! We’ll share some of the best business ideas for university students in Nigeria, as well as tips on how to get started and succeed.
From online businesses to freelance work, there’s something for everyone on this list. So whether you’re looking for a side hustle to cover your expenses or a full-fledged business to launch after you graduate, we’ve got you covered.
Read on, implement, and start earning today.
As an undergraduate student, the need for money cannot be overemphasized. You are definitely going to need money to settle school fees, hostel fees, class dues, money to print and photocopy materials, feeding fees, and many More.
Experiencing financial difficulties as a student is a very likely occurrence. These may result from delays by parents in sending money. It can also even be from negative happenings at home which might be unforeseen. But preparing beforehand in supporting yourself in one way or the other will reduce the effects on you.
Business ideas for students in Nigeria
Below we bring you a comprehensive list of business ideas you can start on campus and make money easily.
Start Blogging
Well, that’s my favorite way of Making Money on this list, why? Because that’s how I personally make my own money. I make money by publishing content on this site. We earn most of our money from ads revenue. As stated here.
Blogging is One of the realistic ways you can earn money online from Nigeria and yes blogging is still profitable and fun in 2022! Starting a blog isn’t a rocket since. Everybody Can start a blog. But setting up a successful blog that makes you money will require dedication. You might be thinking of having lots of cash before starting a blog. You can actually start a blog site with your 15,000naira.15k might be a lot of money to some people. If you don’t have that Money trust me, you can start your blog absolutely free. With the Google blogger platform. However, starting your site on a self-hosted platform will give you a lot of customization and flexibility options.
Is Blogging Profitable? Absolutely yes! As a student I made at least 200k monthly from Blogging, sometimes I made as high as 500k+ I believe such an amount will be good and will be manageable for any student in Nigeria. In fact getting a job that pays these high in Nigeria isn’t an easy thing. but then you can make it while blogging from anywhere.
If you want to learn more about blogging, kindly feel free to Drop Comment in the comment section below. I’ll be glad to put you through the practical steps.
Start Dropshipping
Dropshipping is an online business concept that eliminates the need to store physical products.
All you have to do is create an online store and collaborate with suppliers who are ready to store, package, and ship orders to your customers.
Plus, you won’t have to waste hours researching merchandise because you can use dropshipping apps to find great items to sell.
Dropshipping guide in Nigeria
Now let’s walk you through some of the basic aspects of Dropshipping in Nigeria. We will write it’s a full guide and notify you. Just make sure you join our telegram group.
Find an opportunity.
One of the crucial parts of starting Dropshipping is Picking a niche you are fully conversant with will give you some added advantage over your competitors. Without prior knowledge of the industry of operation, you won’t notice anything suspicious about the quality of the products, pricing, or anything related.
Your choice of business needs to be focused on something you are genuinely interested in. This is because a product range that isn’t focused will be difficult to market, and you might lose focus at some point.
Get a supplier.
Using the wrong supplier can ruin your business, so it’s essential to carry out due diligence while finding a supplier. In Nigeria, most dropshipping suppliers for Nigerian businesses are mostly from China.
AliExpress and Alibaba are some of the most reliable platforms where you can source your products..
Promote your business.
After you have chosen a platform for your dropshipping business, you need all the methods applicable for promotion. Having the products people desire without adequate promotion to get the product in their faces is terrible for business.
You can make use of the availability of social media marketing and promotional tools to promote your business. Facebook, Instagram, Twitter, and other platforms have promotional tools that can put any business in the global space
Selling products through affiliate marketing
Finally, you can sell online without creating a single product of your own. Just sell the digital products of third parties through what is known as an affiliate advertising program. Once a successful sale is made through your affiliate link, you earn a commission.
A typical example is the Amazon affiliate program, where you earn a commission for “selling” digital products such as ebooks (and physical books too) and MP3 downloads. Other dedicated sites that offer similar services are sites like CJ.com, Clickbank, and ShareaSale where you can find affiliate programs that fit your niche and audience.
Another example is the Expertnaire Affiliate Program, an affiliate marketing platform strictly for Nigerians that offers you the opportunity to earn massively on a weekly basis. You simply get paid for recommending high-value digital products from top experts.
ALSO READ: How to Make Money on Tiktok in Nigeria
Freelancing
Professional Services are, of course, not goods at all. Though, they are usually sold in the same method digital products are. It is simply you serving others with your specialized skill.
So, if you’re a graphic designer, web designer, virtual assistant, writer, Copywriter, editor, Translator or any other type of online service provider.
You can list your services on platforms like Fiverr or Upwork where other businesses will engage you on a freelance basis.
The good thing about freelancing is you can earn in Foreign Currencies from here in Nigeria, and you know what it means? The higher exchange rate which means more for you
Online Registrations and photocopying
Most students may be conversant with this business, Doing online registration for your hostel mates, course mates and those who are even in secondary school is very lucrative.
Undergraduates specifically have a lot of registration to do. From online course registration to school fees payment, hostel payment, and many other things.
You can be doing this in your leisure time and be charging students for it. This can help you in taking care of your little needs.
Aside from online registration, you can as well have a little photocopying machine that you can use in photocopying materials for your coursemates. You charge them little money and they pay for it and this can put money into your pocket.
Requirements for Online Registration and photocopying business.
To start online registration and photocopying, there is a need to have some materials Which include:
Laptop
Data
Papers
Photocopying machine
There is no need of renting a store as this can be done in your hostel room and you can as well move around the hostel to inform the students of your room number so that they can get to you when they need your services.
What most students do is they can print out a little write-up containing all the online registration they do and as well add their contact information and paste it on strategic places around the school hostel and any students passing by can read through and as well save their number.
This is a very simple and easy way to earn money, especially if you have a laptop already.
Social media Influencing
Social media influencers are content creators that provide engaging content on a regular basis on their various social media accounts and pages.
In a bid to attract followers, social media influencers take on different content systems. You can make your content inspiring, informative, entertaining, or enlightening.
Having gathered large followers, you can help promote brands’ products and services,
There are many students who are really earning big as social media influencers.
The price you charge your clients is sort of entirely dependent on the quality of your traffic conversion. However, for guidance on the current pricing, you are advised to get close to an influencer who is sort of a veteran in the business.
The key things you would be needing in your social media influencer venture are at least a smartphone with a good camera and mic to capture content and, also your creativity. However, you should also note that the primary tools you would be needing varies. As a social media influencer who has decided to base his content on cartoons would actually be needing a computer as well as other related tools needed to produce cartoons for public shows.
Final Thought
This are Some of the realistic business you can start and make Money in Nigeria irrespective of where your studying, one thing to notice is you’ll need to put some effort to Make Money there’s obviously no free money anywhere! We will continue to update this page with the latest business opportunities for students don’t forget to keep visiting.
