Business Ideas for Students in Nigeria: As a student in Nigeria who wants to have financial freedom, you might be wondering what business you should do. If you find yourself in this shoe, then this article is for you. I am a student in Nigeria and I know how much we need money to survive in school and other areas of life, this is the reason why I have decided to write and educate other students on business ideas for students in Nigeria.
As a student, you don't have to involve yourself in illegal business before you can make decent money. There are a lot of opportunities both online and offline for students to make money. I am going to be showing you ways you can start making money through business in Nigeria as a student.
If you have ever been broke in school, you will understand the need for you to start a side hustle to sustain yourself. Imagine being broke and still having to go through the stress of school.
This article is a list of the top lucrative business Ideas for students in Nigeria. That is, in this article, we will be exploring profitable businesses students in Nigeria can start and also give tips on how to do these businesses.
One of the reasons why you should start a business as a student is that, you can fall back on this business after graduation and it will serve as your source of income before securing a white-collar job of your choice.
Without wasting time, let us see some of the profitable business ideas for students in Nigeria.
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List of Lucrative Business Ideas For Students In Nigeria
1. Selling of Exam past Questions: One of the thriving business ideas in Nigerian schools is selling Exam past questions. I had friends who are into this business and they are making a decent amount of money from it. All you have to do is to gather past exam questions of different subjects from the previous set and photocopy the questions into different pieces and sell them to your course/classmates.
The reason why students buy past exam questions in school is to help them prepare for coming exams. It is believed that some teachers and lecturers repeat questions, so, practicing the previous questions will prepare them ahead of coming ones.
2. Tutorial Class: Some students are exceptionally brilliant. If you are one, then you need to take advantage of it to start making money in school. How can you do this? Well, it is simple. All you need to do is inform your friends that you can teach them certain subjects for a fee. And if they are interested, they will pay you to teach them. The reason why students sign up for tutorial classes is that it is usually easier to understand what your friend taught you compare to that of a lecturer. And again, you have opportunities to ask questions in tutorials unlike in class where your teacher may not give chance to questions. Tutorials also help students to revise and prepare for exams.
3. Blogging: Blogging involves writing on what you know. It's a way to inform people about happenings. It can also be to share a personal life story. Whatever you choose to write about, you can make money from your blog. Blogging is a popular way to share information and earn money. As a student with good writing skills, you can start a blog on a topic you are passionate about and earn money through advertising and affiliate marketing.
4. Freelance writing: There is a high demand for content writers in Nigeria. As a student, you can use your writing skills to provide writing services to individuals or organizations. Unlike blogging you have to create your blog where you post content, In freelancing, people or company hires you to write for them. This can include creating blog posts, product descriptions, copywriting, and more. You can use freelance websites such as Upwork, Fiverr, or Freelancer to get gigs.
5. Graphic design: As a student, If you have skills in graphic design, you can use those skills to offer services to businesses and organizations. This can include designing logos, flyers, posters, and other promotional materials.
You can advertise your services on social media platforms, create a portfolio of your work, and showcase your skills on platforms such as Behance or Dribble. You can also introduce what you do to your fellow students to get more patronage.
6. Dropshipping: Dropshipping is another profitable business idea for students in Nigeria. It involves selling products online without holding inventory. You can source products from suppliers and list them on your e-commerce store at a higher price. When someone buys the product, you order it from the supplier and have it shipped directly to the customer. You can advertise your store on social media platforms and use platforms such as Shopify or WooCommerce to create your e-commerce store.
7. Recharge Card Business: Even though people now buy recharge card directly from their banks, we can't deny the fact that the percentage of people who still buy a paper card are more than those who buy online. As a student in Nigeria, you can buy recharge cards from different network providers in bulk and sell them in retail to people.
8. YouTube Content creation: Another business avenue for students in Nigeria is to become a YouTuber. YouTube allows individuals to create channels on their platform and make videos that can be monetized with ads after meeting certain criteria. If you know how to cook, you can create a food blog where you teach your viewers how to cook and earn money from your channel.
9. Barbing Business: Another lucrative business idea for Nigerian students is Barbing. As a student, you can open a saloon a side business in school, and as a source of income. You need to learn how to barb from a professional before you can start your saloon. Your chance of making money from barbing in the school area is high because students are likely your customers.
10. Small Chop Business: Small Chop are appetizer food that can be sold in classroom and school areas. Some students are too lazy to cook while others are too stressed to cook. You can start a small chop business and be selling foods like doughnuts, chin-chin, burgers, and even peanuts.
11. Baking Business: If you know how to bake cake, bread, or anything at all, then there is a business opportunity for you. If you are a student and live in a hostel, you can start a baking business and sell your products to your hostel mates. By doing this, you will not go broke in school.
12. POS Business: The point of service (POS Business) offer many services, most of which are financial services. For instance, they help make money available to you without going to the bank, sell recharge cards, pay bills, etc. You can start this business in school and render these services for commission. For instance, when you people money, you collect a small charge for it. This is another way to make money as a student.
13. MC Business: MCs are those who anchor events. They get paid for gigs. As a student who knows how to organize and anchor occasions, you can start an MC business to earn a living. You can get gigs from friends to anchor birthday parties and dinners in school and outside the school premises.
Conclusion:
Having one or two businesses to support yourself in school will help you to have financial freedom. There are a lot of business students can do in Nigeria, However, In this article, we have discussed the top most lucrative business ideas for students in Nigeria and you can pick anyone you know you can do best.