8 Simple Ways To Earn Money Directly To Your Bank Account in Nigeria

Earn Money Directly To Your Bank Account In Nigeria

Anyone can change their life by learning how to get money sent directly to their bank account, from seasoned professionals to people who are just starting to look for new ways to make money online.

It’s probably one of the happiest things about being Nigerian—besides making dollars, of course. How exactly do you do it?

Nigerians can get money sent straight to their bank accounts by freelancing, blogging, doing e-commerce, affiliate marketing, and writing content. Other great choices are trading, using social media influencer marketing, and selling online courses.

Our article will show you how to use these skills to make money that goes straight to your bank account (or pocket) and what you need to get started. To send money to your bank account using some of these methods, you will need to first create an online wallet. Let’s get started!

Requirements to earn money directly to your bank account

Getting money sent straight to your bank account might seem hard, but it’s not that hard. To get paid, all you have to do is find customers and sell something. You can also make money without selling anything by using or sharing what you know.

Nevertheless, there are some important things you must have before you begin.

This is everything you require to make money straight into your bank account:

• A device with internet access. This could be a computer or smartphone, even if it’s not your own. This device is necessary for interacting with clients or performing the tasks that will earn you income.
• A reliable internet connection. In today’s digital age, it’s nearly impossible to accomplish anything without a strong internet connection. Therefore, it’s crucial to select a high-quality internet service provider.
• Skills, knowledge, or products that are in demand. We’ll delve into these in the following section of this article. They can vary from technical skills like software development to professional services like consulting.
• A bank account or cash reserve. Without a bank account or cash on hand, there’s no way to directly receive the money you earn. Make sure this account is registered in your name to avoid any issues with payment receipt.
• A system for invoicing. Invoices are tangible or digital documents you issue to customers or clients to request payments. These documents usually contain all the details of the transaction, including your banking information.
• A valid form of identification. While an ID may not always be required, it’s beneficial to have one readily available. Depending on the platform you’re using or the skill you’re offering, you can use your international passport, driver’s license, or NIN slip.

That’s it. Truly!

8 Methods To Make Money Straight Into Your Bank Account In Nigeria

You can start making money right away because it’s so easy to get it into your bank account. The skill, product, or knowledge you want to sell is the most important part of the process. You need to pick one that fits your strengths and works for you.

In Nigeria, there are eight ways to make money that will put cash in your bank account:

1. Freelancing
2. Blogging
3. E-commerce
4. Affiliate marketing
5. Content creation
6. Forex, crypto and stock trading
7. Online course creation and sales
8. Social media influencer marketing

Many more choices are out there, but these are the best ones to try if you’re in Nigeria.

But that’s not the whole story. We’ll talk about how you can use them to make money that goes straight into your bank account in the next section.

1. Freelancing

One of the easiest and best ways to make money in Nigeria right now is to do freelance work.

You should also try it if you want to make money that goes straight to your bank account. But to find paying clients, you’ll need a skill that people want, like sales or digital marketing.

Of course, it’s best to use online sites like Fiverr that let you do freelance work. It’s easy to find clients with their help, and they’ll make sure you get paid.

Here are the steps to begin your freelancing journey with Fiverr:

1. Access the Fiverr platform. You have the option to use either the website or the official Fiverr app. Choose the one that suits you best.
2. Set up a seller account. As soon as you finish the seller registration process, you’ll receive a confirmation link. Use this link to build and enhance your profile to draw in high-quality clients.
3. Establish your initial Fiverr gig. Gigs are essentially job postings on the platform. They should contain crucial details about the services you plan to provide on Fiverr.
4. Promote your gigs to secure orders. You can advertise your gigs on Fiverr by replying to buyer inquiries or leveraging social media platforms like TikTok and Twitter.
5. Handle orders and provide delivery. The Fiverr app is an excellent tool for managing the specifics of the order and maintaining communication with the buyer throughout the project.
6. Get paid for fulfilled orders. Fiverr enables you to cash out your earnings at any time. However, the platform imposes a 20% fee on all orders for all sellers.

We have previously crafted a comprehensive guide on earning money on Fiverr that you can refer to for more insights on freelancing.

2. Blogging

Nigerian blogging has had its ups and downs over the years, but it’s still a great way to make money that goes straight to your bank account. People who work in the media, like Benjamin Dada, have shown us that if you do it right, online publications can still make you money.

Here’s how to do it:

1. Decide what you want your blog to be about. You can write about finance, like Nairametrics or go for a different niche. The key is providing content your audience will read, like, and share.
2. Open an account on a self-publishing website. WordPress, Medium and Substack are the best options today. But the perfect choice will depend on how you plan to monetize your blog.
3. Choose and set up a monetization option. You can make money from blogging by running ads, through brand partnerships, or via partner programs (like the Medium Partner Program). Ensure you connect your bank account during the set-up process.
4. Write for an audience. You might need to create lots of blog content before it becomes profitable. You can even hire someone to help you write if you are not a good writer or don’t have the time.
5. Publish and share your content. Publishing is pretty straightforward, but using social media to market your blog will help your numbers. The more visitors you get on your blog, the better.

You should receive weekly or monthly earnings, depending on your chosen monetization feature.

3. E-commerce

You’ll agree that one of the best things about having a successful online business is getting paid straight to your bank account. With e-commerce, you have the opportunity to utilize online platforms such as Pocket by PiggyVest App to conduct online sales.

Follow these steps to establish your e-commerce shop using PocketApp:

1. Select a product and identify your target audience. We suggest choosing a high-demand, quality product and a sufficiently large target market. For instance, if you’re at a university, consider selling food.
2. Identify a trustworthy supplier for your merchandise. Make sure the supplier supports bulk orders to help you save costs. To keep your customers coming back, it’s crucial to stock high-quality items.
3. Set up your free Pocket by PiggyVest account. PocketApp is user-friendly and a solid choice if you’re looking for a dependable platform.
4. Establish a social media page or website. This step isn’t mandatory, but having a social media footprint can be beneficial. Your website can also serve as a platform for addressing customer grievances.
5. Employ a dependable delivery service. You’ll require a top-notch delivery service that’s both reliable and quick.
6. Market your products. Your sales will hinge on demand, and you should start seeing profits sooner than you think.

Here’s how to use PocketApp to start your own e-commerce store:

1. Choose a product and target market. We recommend picking an excellent high-demand product and a big enough target market. Say, sell food if you’re in the university.
2. Find a reliable supplier for your goods. Ensure the seller enables bulk purchases so you can save money. To ensure that your consumers stay visiting, you should purchase high-quality goods.
3. Create your free Pocket by PiggyVest account. PocketApp is easy to use and a great option if you want a reliable platform.
4. Create a social media page or website. This step is optional, but having a social media presence can be helpful. You can also use your website to handle customer complaints.
5. Use a reliable delivery service. You’ll need an excellent delivery service that’s reliable and fast.
6. Sell your products. Your sales will depend on demand, and you should be profitable before you know it.

4. Affiliate Marketing

If you need to get money directly into your Nigerian bank account, affiliate marketing is another great option to look into. You only need a good network and a real affiliate programme.

This is a detailed, sequential guide to affiliate marketing:

1. Identify a niche that aligns with your skills. Similar to e-commerce, it’s crucial to determine your target audience and select a product that aligns with your principles. Alternatively, you could opt for something that guarantees profitability.
2. Select a platform that meets your requirements. To engage with your audience, leverage social media, blogs, or newsletters. Use whatever is effective.
3. Become an affiliate partner. Look for a program that endorses products your target audience would appreciate. For instance, if you’re a university student, you could join an affiliate program for an online course website.
4. Create top-notch content for your platform. Videos and articles could be effective, but make sure it’s content your audience will find appealing.
5. Attract individuals to your platform. You could experiment with ads, SEO, or even direct word-of-mouth marketing.
6. Encourage your visitors to click on the affiliate links on your platform. You could consider “concealing” the links so that people don’t feel like they’re being sold to, or try positioning the link in contexts that might encourage clicks (like at the end of a thrilling sentence).
7. Generate income. While having a large number of people click on affiliate links is great, most programs only compensate you when a visitor completes a purchase. Therefore, it’s essential to ensure the product is attractive to your target audience.

A lot of affiliate programs will pay you right away. But some apps have wallets that let you add money to your account after meeting certain conditions.

5. Content creation

Online content creators like Izzy Boye have been making money off of their skills and knowledge for a long time. And while we already have a great article on how to make money on TikTok, we thought it would be a good idea to give you a general idea.

Here’s how to earn money directly to your bank account in Nigeria using content creation:

1. Select a niche. You can create content around anything, including your life. The most important thing is to ensure it’s a niche you like and understand.
2. Pick the best social networking platform. The best choices for content creators in Nigeria today remain Instagram, TikTok, and YouTube, but you can try Facebook, Snapchat, and even Twitter.
3. Create excellent content. Remember to keep your content as authentic as possible. But have fun while you’re at it!
4. Choose a monetization option. You can try brand partnerships and ads or just partner with the social media platform you’re using. For example, YouTube has the YouTube Partner Program (YPP) that’s available to qualified Nigerians.
5. Earn money directly to your bank account. Yep, just like that!

You don’t need expensive equipment to create great content in Nigeria, although having high-quality videos does help. Instead, we recommend creating beautiful, authentic content that resonates with your audience.

6. Forex, Crypto And Stock Trading

No matter if you choose to trade forex, crypto, or stocks, the basics will stay the same. To make money, all you have to do is buy things when demand changes and guess when their value will change. Trading on any of these markets is a great way to make money, but it’s not easy to do.

You should follow these steps to earn money directly to your bank account in Nigeria as a trader:

1. Research the market and get some training. You can read books, watch YouTube or take a quick course.
2. Create a trading account. The account you’ll create depends on what kind of trading you want to venture into. Platforms like Bamboo and Quidax allow you to trade stocks and crypto, respectively. For Forex, you’ll need to create a brokerage account.
3. Set up a trading plan. An excellent strategy is always a good idea; it’s the best way to ensure you make money.
4. Deposit money in your trading account and start trading. Don’t forget to stick to your trading plan and be as disciplined as possible.
5. Earn money. Withdraw your profits and send money to your bank account, or keep trading.

The steps above are a general guide. Your exact journey might be less complicated if you’re going into trading.

7. Online Course Creation And Sales

There aren’t many people in Nigeria who use this idea, but it’s a great way to make money that goes straight to your bank account. It’s really not that hard! You only need to be smart, have some learning materials, a smartphone, and a way to sell your courses.

Here’s how to monetise online courses in Nigeria:

1. Create a course. This course can be in video or written format and around a topic or subject you understand. The key is ensuring it’s well-made and perfect for your target audience.
2. Upload your course. You can use YouTube or create a website for this step. Or you can try any other option you feel might work.
3. Market your course. Use social media, SEO or offline marketing to tell people about your course. Remember to sell all the good parts of the course to get lots of buyers.
4. Get paid. The amount you’ll earn depends on your pricing and the number of students you have.

We recommend checking out Thinkific’s article to learn more about creating a wildly successful online course.

8. Social Media Influencer Marketing

It’s big business in Nigeria to be a social media influencer, whether you’re a big name like Diane Russet or a small-time influencer just looking for a way to make money online. Good thing it’s not too hard to get into the business.

Here’s how you can make money from social media influencer marketing:

1. Decide on a niche. Ensure it’s one you like or understand, so it’s easy to build an audience. 
2. Pick an appropriate social media network. There’s Snapchat, Instagram, Twitter, and TikTok. Just choose whichever you’re most comfortable with.
3. Create a social media account. You can skip this step if you already have an account on your preferred platform.
4. Build your account. You can explore different content strategies to grow your followers but try to create only original content.
5. Speak with brands. These brand partnerships are how you will earn money directly to your bank account on social media.
6. Earn money. The amount of money you’ll make depends on the brand you’re working with as well as your account metrics.

That’s all there is to it!

Building an online brand and growing an account, however, takes time. Therefore, it might not be ideal for you in the short term if you don’t already have a sizable following on social media.

Keep in mind that getting money directly into your bank account takes work, consistency, and maybe even some self-promotion. To get the best results, we suggest making a plan that takes into account your skills, interests, and free time.

Pay attention to all the money you earn is another great tip. Be careful not to spend it all at once. Use a safe online savings and investment platform like PiggyVest instead to keep track of your money and make more of it.