Are you a student looking for a top, low-capital, and lucrative online business to kickstart in Lagos, that won’t interfere with your studies? We can help. Best Lagos has created this post on the Best Paying Online Business For Students In Lagos, Nigeria, for you.
Many students want a steady source of income to support themselves while in school. While menial jobs can make you money, they can be time-consuming, and exhausting, which is something you don’t need as a student. That is why establishing a business online is the best choice for you.
But, finding a good business online is another job on its own, especially with most of the options being a scam. However, that doesn’t mean you won’t find legitimate ones to get into. There are many of them, and those are the ones we’ll be sharing with you in this article.
Our post will cover the best paying online business for students in Lagos, Nigeria, that doesn’t take up all your time, can be done anywhere, and require little to no capital to start.
7 Best Paying Online Business For Students In Lagos, Nigeria
1. Blogging
2. Vlogging
3. Gift Card Swapping
4. Mini Importation
5. Freelance Content Writing
6. Graphics Designing
7. Flip Social Media Pages And Domain Names
Best Paying Online Business For Students In Lagos, Nigeria
If you need good online businesses to get into, in this section, we’ll share with you the best paying online business for students in Lagos, Nigeria, you can easily start. Some of them require a low capital, some huge capital, and others you can start for free.
We will discuss each business and how they work, so you get a better understanding of all of them before you make your choice.
1. Blogging
Blogging is the best paying online business for students in Lagos, Nigeria which you can go into. The good thing about this venture is that you can start making money from it in a short while if you put the right efforts into it,
Having an adequate understanding of content writing and SEO is great for starting this business, but before you start, you should do some research to find which niche is the most lucrative in Lagos and globally too.
After your research, you can get a domain and set up your website by yourself which is free, or with professional help which you’ll pay for. Note, that you can start making money from Blogging when you start pulling massive traffic to your blog. Methods you can use for this include – Adsense, Ad placements, sponsored posts, and affiliate links.
2. Vlogging
Vlogging is a great business to get into if you are a content creator. Here, you can share your perspective on happenings in the society, a day in the life content, or hacks and tricks to help your followers solve common issues. To become a Vlogger, it is recommended that you start from TikTok.
TikTok is a great place to start vlogging because the users are more accepting of those sorts of content. If your vlogs are interesting, you can rapidly build a community of loyal followers on that platform. When you have a sizeable number of followers, you can start running ads for brands or organizations and start getting cash in return.
When you have a solid TikTok following, you may try YouTube as a way to do this business on a larger much more profitable scale.
3. Gift Card Swapping
Gift card swapping is another of the best paying online business for students in Lagos, Nigeria. Most students don’t know this, but you can make money buying and selling gift cards with high resale rates.
Gift cards are digital assets you can use to pay for items at particular brands online or offline. Types of gift cards are Amazon, Apple, eBay, gift cards, etc.
You can get these gift cards at affordable prices, when the prices are very low, and then resell them when the prices are high. You’re practically leveraging the fluctuating rate of the cards.
4. Mini Importation
Mini Importation is one of the latest and untapped business ideas you can begin online as a student in Lagos. The business is lucrative, especially since many people haven’t gotten into it.
In this venture, you’ll buy products from China, import them to Nigeria, and sell them for good money. This business can help you make millions even while you’re still a student.
One other reason why Mini importation is good is that its profit margin is massive, you may make up to 200% ROI per product. You can also get other products from China in Nigeria and make huge profits. This business is good for you because fashion products are easy to promote, and sell quickly amongst students.
5. Freelance Content Writing
Freelance Content Writing is among the best paying online business for students in Lagos, Nigeria, due to how profitable and flexible it is. If you are a student who can write stories or course projects, you may want to consider venturing into this business.
Websites where you can get paid to write for people across the globe, include Fiverr and Upwork. Freelance content writing is also the easiest online business you can do because you already have the skills. However, you’ll need a laptop or a good smartphone to type your work. You may also need to learn Search Engine Optimization (SEO).
Being a freelance writer will allow you to work at any hours you like, and the amount you earn depends on how much time you can dedicate to it.
6. Graphics Design
Graphics Design is an excellent online business you can try that won’t interfere with your studies. You’ll need to master graphics design skills and how to use different design tools like Figma or Canva, before you can start offering this service to people.
The skills required for this business are simple to learn and you can even do it on your phone with the Canva app. So, if you don’t have immediate access to a Laptop, you can use your mobile phone to run the venture until you get a PC. Things you can design for money include banners, flyers, logos, etc., then sell them online or hand them over to a client.
7. Flip Social Media Pages And Domain Names
Buying and reselling social media pages is another untapped best paying online business for students in Lagos, Nigeria for you. In this business, you’ll find active and captivating social media pages on Instagram accounts, Facebook pages, and Facebook groups, then purchase and sell them for more money.
Another thing you can buy and resell is domain names. You’ll identify domains with great prospects and sell them to businesses for a profit. You can do this by buying names from different domain registrars, or expired/outdated domain websites such as expireddomains.net and then selling on Flippa, Empireflipper, and GoDaddy’s Domain Auction.
