How To Earn Money As A Student in Nigeria 2024: A Quick Guide

February 28, 2024

Earn Money As A Student in Nigeria

The exploration of business ideas for students in Nigeria is a good place to start to earn money while you are in school to support yourself. Students are mostly dependent on their families for financial support. This leads to the inevitable questions such as: what kind of business should I start?

Being young is the ideal opportunity to learn failure, fail, try again, and then succeed, especially if you are in school. It prepares students for life after university.

You’d like to go more in-depth…

Which businesses can be beneficial?

What is your area of particular interest?

How quickly can you generate income?

However, it is important to know that managing a company isn’t an occupation where you can be doing something you do not like. The majority of the time, a business you learn in school is an actual business.

Some circumstances might cause you to begin an enterprise that is easy to access to allow you to save money to begin the business of your dreams. However, circumstances may impede you, but you can still start small or start the business you’ve always wanted to.

I will provide a list of overlooked businesses and break it down into online and offline.

Style of clothing

In Nigeria, it’s an extremely popular type of business students can start. Female and male students alike will never get bored of having customized clothing. That’s why you’ll receive lots of clients who return and refer you to others throughout the semester. This can be a profitable company for you.

Makeup and Gele

In order to succeed in your makeup as well as Gele-related business, you must put yourself in a position where your target market is. you can stay in a dorm for girls or create a makeup studio away from the school (in an area for students). Makeup artists who work on weekends are highly sought-after, making your work more flexible.

You can grow your business in the makeup industry by offering customized makeup services for theatrical productions and themed celebrations. It’s a great business opportunity, especially for Nigerian women.

Laundry services

Students are susceptible to procrastination and sometimes are in a hurry to take care of their laundry, especially their bedding and sheets. You can, therefore, start your laundry service, which could easily bring in some daily revenue.

You can actually make more sales from women.

Beadwork

Many people believe that the business of making beads in Nigeria ended a few years ago. However, that was not the situation. Beads have remained a constant in the fashion industry; they are of a variety of quality, and some are costly, which is one of the reasons why many people, including students, cannot live without them.

If you follow the right steps, it will be profitable for your students.

shoe-making business (leather palms, sandals, and shoes)

The business of making shoes in Nigeria is lucrative and long-lasting. It is for more than just students. It is a way of life.

If you’re able to make your shoes, you’re off to an excellent position. You can learn about the latest trends and then create shoes that fit with the current trends. The school campus is a fantastic market for these kinds of businesses.

Don’t give up. You can make it your own arbitrage footwear business at the school. You don’t even have to be a master at it.

Printing services

In the majority of schools in Nigeria, teachers and students still make use of printers to create printed copies of the class materials. If you are interested in business opportunities or getting an area on the school’s campus or in a neighborhood for students,

Repair laptop and phone

Laptops and phones are two of the most essential gadgets every student has and are guaranteed to malfunction from time to time. Learn the principles of repairing these devices, convince other students that you are able to make them feel comfortable, and encourage students to bring their laptops and phones to you.

Then, you may take it to a tech for an easy fix and earn money. If you can fix it yourself, then even better. You can also sell mobile phones as well as accessories, brand new or gently used.

Hairstyle

If you’re in search of the perfect location to start a hairstyling business, look to the campus. You can begin a profitable business while you’re still in school. You can offer hairstyling solutions like braiding, weaving, revamping, the wigging process, and natural styling. What a brilliant idea, considering that you can provide your customers with professional hair services without the need to open an on-campus salon.

Event hosting and event planning

Event hosts, event planners, and caterers are jobs that often hire students. This is among the most lucrative businesses that students can start. You can even work as a contractor to help event managers get the right students.

Confectioners and pastries

Everyone loves the experience of delicious pastries that make their stomachs smile, and that includes students at university. If you can make delicious pastries, you’ll receive plenty of customers and referrals. It’s a business that is flexible, and students can start.

Provide Electrical Services

This isn’t a typical side job for students. Students who live outside the school’s campus will surely require electrical equipment, but not always. If you’re a person with knowledge of electrical systems, you can fix some electrical devices or even offer small items.

Real estate

In Nigeria, real property was always a profitable business. Today, there are more and more real estate businesses popping up, each with attractive offers and actively seeking out students to train to increase their profits.

One benefit of a career in the real estate industry is the ability to earn money without setting foot inside an office.

Food delivery services

Since students frequently get caught up in their academics and their personal lives, Food delivery services have become a popular side hustle for Nigerian students. The concept behind any business is to find an unmet need that you can fulfill.

Sell Artwork

Pencil-drawn portraits, as well as other forms of art, are favored by a lot of people. You can begin an exhibit with your work. This is the time to turn your love for art into a lucrative business. The most important aspect is your skills, and some of the products are cheaper to start.

Business in agriculture

It is a relatively unknown market in Nigeria, especially for young people. Many students avoid it because they think it’s expensive and time-consuming. Make a change in your thinking by identifying the right niche that requires less stress and money.

Buy from a local market and then package it up for sale to students in the school. Examples include egusi, crayfish, and many others. It doesn’t require a huge investment to begin and earn money.

Photography

Since a lot of Nigerian students have an interest in photography, it’s a great profession to pursue while in school. It’s a simple job since all you need to do is assist customers in locating the most convenient time slots for their studio sessions.

Concierge shopper

A personal shopper, also known as a concierge, is someone who helps you in purchasing clothing and other items while keeping your financial needs in mind. If you’re an undergraduate student in Nigeria and are able to search markets for bargains, you could create a profitable business.

Tutoring

If you’re a student from Nigeria by 2023, this could be an excellent business opportunity to explore. You could provide academic help to other students, new freshmen, and even senior students if you’re extremely competent. In southern Nigeria, the tutoring business is widely used.

Painting

As an undergraduate, you may learn to paint. However, it will be easier for you if you are a fan of designs, as most people (especially students) like quirky patterns for their walls.

Sell Wallpaper, 3D installations and 3D printing

This is more suitable for the painting industry, but as a student, you could concentrate on selling wall panels and wallpaper to other families and students who don’t wish to endure the long time frame that painting would require. As students, you can still earn money from this work in Nigeria.

Food Stall

Due to their hectic schedules, students typically opt to eat out instead of staying at home, creating an opportunity to make money. It’s a good idea to set up a small-scale shop or stand in an off-campus area frequented by students. You can serve delicious food such as barbeque and shawarma.

The significance of food makes it a great concept for students to set up a stall selling food in 2023.

Viewing centers

If you have space and cable as well as a large screen, the football viewing center is a viable business that you can start at school. With great customer service and charges, a football viewing center is a viable student business idea to operate in Nigeria.

Customized branding

Custom-designed items are great present ideas for everyone. You can create personalized neck chains, pillows, cups, and other items. The idea behind customizing the gift is to create a meaningful experience for the individual who receives it. If you can market this feeling, custom branding is also a viable business that you can start as a student.

Mini importation

It’s when you purchase small quantities of goods from outside at a less expensive price from online retailers and sell them at an increased price to earn a profit. To start a mini-importation business, you’ll need to undergo an online course to learn how to navigate through the entire process. It requires a small amount of capital to begin mini-importation, and a campus is the best market.

Content writing

If you are looking to start your own business with no money, article writing could be a viable option. If you’re gifted in writing, there are many opportunities for authors through the Internet. You can also make use of writing platforms like Upwork, freelancer.com, Fiverr, and others. While more writing AIs are being created, however, this is an opportunity for students to begin.

Designing graphics

If you are creative, you can earn lots of money by creating posters and flyers for special events and occasions. You can also be a freelancer and sell your talents on platforms like Upwork. This means you could be paid in dollars, which makes it a lucrative business.

Animation and video editing

Because videos are crucial to promoting any business, editing videos is now a requirement. As an undergraduate, you could create a company making YouTube videos, composing live-streamed videos for replays as well as creating animated films to promote. As students, you could establish a well-organized business by promoting ads through Facebook and other websites.

Conclusion

Some people excel at hard skills such as beading, fashion design, and more. At the same time, others are more adept at soft skills such as blogging, UI/UX, etc.

These are all unique ventures that you can begin in Nigeria as an undergraduate student.

They could also help you establish a profitable enterprise in the role of an enterpriser, even if you’re an undergraduate student. However, making use of the internet can provide the ideal strategy for any student looking to make their business profitable or successful. You should go digital with your business.

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