It’s very easy to make 5000 Naira online, which is the capital required to start most of the online businesses. There are even other online businesses which do not require any capital.
There are a number of Nigerians who are making over 1 million Naira every month by simply offering services or selling products online.
Here are the many ways to make money online with just 5000 Naira
- Become a blogger
Blogging is one of the best ways of earning money online in Nigeria. The cost of starting a blog can be as low as $50.Once the website is up, you’ll only require internet and a laptop to start making money. You need a domain name, Web hosting plan and a WordPress site in order to blog. All these can be obtained from Bluehost.The Company will charge you $2.65 only per month. To register your own domain name,click on this link
Majority of bloggers earn money through AdSense.But before you apply for approval, make sure your blog meets the following Minimum AdSense requirements:
- It should be at least 6 months old.
- Each article should contain more than 500 words
- Avoid writing about gambling and adult content
- The images on your articles should be original.
- Post at least 20 high quality articles before applying for approval
- The content should be original and of high quality
- Use high level domain name
- Avoid fake traffic
- You should be over 18-years-old
Apart from AdSense,bloggers make money through MGID.The conditions for joining MGID are lighter than AdSense.To apply for approval,click on this link
- Become a YouTuber
Create your own YouTube channel and start posting videos. You don’t even need 5000 Naira to create a YouTube channel—it’s free.
To start earning money from YouTube, make sure your channel is 12 months old, has over 1,000 subscribers and has crossed 4000 hours of watch time. The videos should also be free from copyright. In other words, they should be original.
- Bet on football matches
Another good opportunity to make money online is through betting on football matches. There are plenty of good betting sites here in Nigeria which offer high odds that you can use. But the most interesting ones are those that provide welcome bonuses. One of them is 22Bet which provides 100% welcome bonus. To register and get your bonus,follow this link
With a capital of 5,000 Naira, you are likely to make over 50,000 Naira daily if you pick multibets of 10 odds. But in betting, there must be a room for losses. However, if you get a reliable source for 100% sure tips, you’ll earn decent income.
- Affiliate marketing
Create a niche blog and post articles with links to affiliate companies. When people buy products through your links, you earn commissions. Some of the best affiliate programs are in found in betting, web hosting and e-commerce.
To create a niche site will cost you even less than 5000 Naira. As we indicated earlier, Bluehost is the best web hosting company to buy a domain and host your site, it’s very reliable—they give a free domain to every new customer. To get your free domain for a niche blog,click on this link
None of the existing companies will charge you money to join their affiliate programs.Betting companies will pay you up to 50% of the money customers you refer to them lose. Some of the best companies for affiliate programs include: 22Bet, 1XBET, Betway and Bet9ja.
- Sell products on social media
Another easy way to earn money online is by selling your own products on social media. If you have a smartphone shop, create pages on all social media platforms and post them there. You don’t need any capital for you to have a presence on social media.
- Sell betting tips
A number of bloggers are selling betting tips online, some making over 1 million Naira per month. All you need is a website where you post free matches, then provide premium tips to those interested on your predictions. Bloggers in this segment charge more than 1000Naira per month.
- Provide a Job portal
A job portal is simply a website where companies will advertise job opportunity at a fee. Creating one will require at least 5,000 Naira. Alongside job adverts, you’ll write professional CVs and cover letters.
- Buy Unit Trusts
Identify a good insurance company in Nigeria and buy Unit Trusts. Most of them will require initial investment of less than 5000 Naira.
Unit Trusts pay investors interest of up to 25% per annum.The money you invest is not subjected to any risk.
- Sell photos online
You can also take photos and sell them online to various blogs and websites.You require a smartphone which can cost as little as 5,000 Naira.Some companies pay up to 100,000Naira per photo.