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12 Highly Profitable Side Hustles You Can Start In Nigeria - Business - Nairaland

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12 Highly Profitable Side Hustles You Can Start In Nigeria by OpzyGist(m): 10:40am On Jan 02
Making money is almost as important as breathing. In a society where you have to virtually pay for everything you consume, finding ways to make additional income is important.


Nowadays, due to the high naira to dollar exchange rate, which has led to an increase in purchasing power, side hustles have become a great way for people in Nigeria to maintain stability amid the economic crisis.

There are countless side hustles you can do in Nigeria to generate income.

The problem now is how to distinguish between worthwhile ventures and those that will squander your resources.

Earning money from side hustles in Nigeria isn’t complex, as instances exist of individuals as young as 20 years making over $2000 monthly. With adequate insight and guidance, initiating your online or physical income stream in Nigeria can be equally attainable.

Are you prepared to elevate your earnings? Even while holding a job, are you keen on exploring side hustles in Nigeria? Here are the best side hustles that can transform your financial status and unlock fresh opportunities.

1. Event Planning

Event planning is a lucrative side hustle in Nigeria, as many events and celebrations take place throughout the year. As an event planner, you help your clients run and manage their events for them. This way, they can focus on relaxing and enjoying themselves while a professional handles all the work. If you have a talent for organizing events, you can offer your services to individuals and businesses looking to plan weddings, parties, and other events.

2. Freelancing

Freelancing is experiencing rapid growth as a business model in Nigeria and stands out as an excellent method to earn income via the Internet. Essentially, freelancing involves leveraging your expertise to provide services and receiving payment for your work.
For instance, if you possess writing skills, various freelance platforms such as Upwork and Fiverr offer opportunities to generate income online in Nigeria. Similarly, individuals fluent in multiple languages can earn by offering translation services for documents. Additionally, one can earn money in Nigeria by freelancing skills like graphic design, video editing, and more.

3. Social Media Management

Maintaining a social media presence is crucial in the modern era.
Numerous companies and individuals are actively searching for proficient experts to oversee their online image.
As a social media manager, you have the flexibility to work from any location and at your preferred time.
This service can be extended both locally and internationally.
With technology advancing and AI becoming more prevalent, the world is increasingly tech-oriented.
Embracing digital marketing and being passionate about it can be highly rewarding in the field of social media management.

4. Become an IRL or online tutor

Teaching offers incredible fulfillment, and thanks to online platforms such as Cambly, TutorOcean, Preply, and Learn to Be, tutoring students online has become accessible to everyone.

5. YouTube Content Creation

For those at ease in front of a camera and enthusiastic about crafting videos, launching a YouTube channel can serve as a rewarding side gig. The channel can cover diverse subjects including education, entertainment, beauty, fashion, gaming, and beyond.

Consistency, delivering high-quality content, and engaging with your viewers is pivotal in expanding your channel and monetizing it via ads, sponsored content, or merchandise sales. The best advice for this endeavor is to initiate it promptly and begin with the resources you currently possess.

6. Real Estate Agent

In Nigeria, people are always looking to rent or buy a house in Nigeria.
House hunting, particularly in major urban centers like Lagos, PH, and Abuja, often presents difficulties in finding affordable rental accommodations.
Setting yourself apart as a real estate agent who streamlines the process, making it smoother and more efficient for clients to obtain their desired properties, can significantly expand your client base.
Starting a real estate agency is among the simpler side businesses to initiate in Nigeria. The key lies in being proactive, astute, and transparent with clients, while also possessing a deep understanding of the local real estate agent network in your operational area.


See more details here:

12 Highly Profitable Side Hustles You Can Start in Nigeria
https://opzygist.com.ng/business-insigths/profitable-side-hustles-in-nigeria/

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