Nigeria is hot right now and even young Nigerian students are aware that you can’t just focus only on studying without running a side business to earn some more income. Aside from earning more money to take care of your student’s needs, there is also a rise in the desire to make it at a young age. After all, it’s not like there’s a lot of jobs out there waiting for anyone. The best thing about starting a side-hustle is that you can always start another one if you don’t like it. Many entrepreneurs in Nigeria started their businesses as side hustles while in school, and then went full-time when they graduated.
While some clearly have an idea of the business they want to do while still schooling, some still trying to decide on which business to start. So here I have compiled a list of business ideas for students in Nigeria who want to earn some more money while still in school.
Here is a list of 20 Hot Business Ideas For Students In Nigeria.
1. Graphic Design
The digital age offers many opportunities. Graphic design is one of the most in-demand skills. A good designer is needed by both businesses and individuals to create logos, banners, logo for their company, flyers for awareness, a business card, and other marketing materials.
It is important to have a good understanding of industry-standard design softwares such as Photoshop, Illustrator and Adobe Indesign. You also need to be able learn quickly and deliver your work on time. This skill can help you make a good side income.
Blogging is a great side hustle for students. It is your first chance to reap the benefits. Blogs can help you improve your writing and thinking skills. You will always find an audience for your content because of the increasing number of internet users.
Blogger success is dependent on your passion. To avoid being too broad, don’t blog about everything. You can build a following quickly if you choose a niche and create regular content. You can choose any topic that interests you, such as cooking, health, blogging, travel, self-help, tutorials, healthy eating and education. You can generate passive income and active income if you are able to blog and create content that people enjoy.
3. Photography and videography
Every weekend, people host parties and events. People love to create memories from their events. Photographers are often sought after.
These services require basic photography skills as well as practical knowledge of using cameras. You can take a photography course Udemy or better still. Pay an established Photographer to teach you how run a photography or studio business.
4. Pencil Drawing
You can make cool side income as a student if you are able to draw well. People often present portraits to loved ones at special occasions such as birthdays, retirement ceremonies, graduation ceremonies, award-giving ceremonies, wedding ceremonies, naming ceremonies, and so on.
So if you can do pencil drawing, you can use this skill to earn a side income as a student.
5. Mini Importation
This is a very lucrative business model for students in Nigeria and the way it’s run will not even cost you much money. All you need is where to source your goods and trustworthy procurement officers and you’re good to go. You can advertise your business in such a way that people pre-order the goods, and when you have gathered enough orders, you import and deliver to your customers.
6. Sale of Bedspreads
Students love fancy bedspreads and this can be a good business for you. It doesn’t take much to start too.All you need is to get the materials and then cut and sew the edges with the pillow cases. And there you have your bedspreads. You can even package to sell to non students too.
7. Hair Making
Ladies and even guys love to braid or fix their hair and this business can be done by any female or male that have interest in making hairs.
Once you are good at it, students will definitely patronize you. However, to learn this skill might
8. Snacks Selling
Snacks are quick foods anytime hunger bites. Most students have no time to eat early morning and will always look out for a quick snack bite when moving around for different school activities. So it’s easy to make a side income if you are able to get the support of a lot of students by selling snacks such as biscuits, potato chips, plantain chips and cup cakes.
9. UI/UX designer
A student can also make a living as a UX/UI designer. This skill is one of the most desired in this century. Individuals and companies need UI/UX Designers to design app and website interfaces. They like to see the mockup before the coder begins.
To kickstart your UI/UX Design business, you will need to have a basic understanding of Adobe XD or Photoshop. If you’re willing to learn, there are many YouTube tutorials that will help you. This skill can be a source of income for a student.
10. Sell Used Books:
Students can make a side business selling used books. You don’t need to spend a lot of money to start this business. Your fellow students will need textbooks to study. While some students are unable to afford new books, others will save money by purchasing used ones. You can make a lot of money by selling used books to other students.
You can purchase textbooks from Lagos warehouses at a very low price. Visit the Ladipo Market to be convinced. You can also source used books from academicians.
11. Website design
Another side hustle for students is web designing. Every business today needs a website in order to reach customers.
You can make this a full-time job if you are a master of the hustle. You are only limited by your imagination.
A haircut and shave at a barbershop is essential for anyone who wants to keep their look professional. This service can be provided at a reasonable rate to your students, and you could make some cool money doing it.
However, basic knowledge and skills in operating hair clippers are essential. We have many options thanks to the internet. One of these opportunities is the ability to learn at your own pace. YouTube has many videos on barbering. To learn more, you might also want to spend some time with a barber.
There are now affordable rechargeable hair clippers on the market. One charge will last you five hours, so power won’t be a problem.
It doesn’t take much to open a barbershop or start a business in school. When they are in need, you can cut hair for their classmates in your room or theirs.
13. Software Installation:
Students have their own computers and use them to do some personal and academic tasks. Software can be used to do almost any task that can be performed on a computer. It will surprise you to learn that many of your students are unable to install simple software on their own. You can make a living by providing assistance. To install software, you will need a flash drive and a computer. You will be a popular campus figure if you do this well.
14. Freelance writing:
There are many niches in freelance writing: Blog post writing is one of them. Nearly all companies have a blog today. Bloggers use blogging to reach their customers. There is a high demand for freelance writers. Those who can create compelling content for their customers are highly sought after. You can be a freelance writer if you enjoy writing and are able to research any topic in a short time.
Earning as much as 3k per article is possible. It all depends on your ability to produce great content and on when you deliver it.
15. Be A DJ
People hold parties every weekend. A party without music can be boring. People love to dance and forget their troubles. It’s a good way to make a living as a DJ. The only thing you need is a laptop. You can hire a speaker whenever you have a job to do. Or buy one speaker for smaller parties. If you are known for your ability to deliver and people trust you, you will be able to get work.
16. Social media influencer:
Influencers on social media help businesses and brands influence consumers’ buying decisions about products and services. Businesses can use influencers to market their products and services.
To engage in this side-hustle, you need to have a lot of followers on Instagram and Twitter. You can gain Twitter followers by engaging in conversations with other Tweeters and tweeting.
All you need to kickstart your hustle is a Social media account on any popular social network like Facebook, Twitter or Instagram, and an Internet connection.
You can make as much as 100k per promotion if you have a large following on Instagram and Twitter.
A lot of people consume videos daily on youtube and because it’s a search engine on its own, YouTube will pay you for making videos and having people watch your videos on their platform.
When you meet the youtube criteria, your videos will get monetized and you can start earning money from each video watched by anyone. Learn more about how you can make money with youtube.
18. Production of Organic Skincare Products
A lot of Nigerian ladies are being sceptical about the chemical composition of the imported creams and are opting for natural and organic skincare products. This is a booming industry right now and one that you can take advantage of. It will require you to learn how to make it from a professional and also where you can purchase the raw materials for your products.
Many Skincare products made out of natural ingredients such as aloe vera, olive oil, coconut oil, shea butter, etc. for smoother, clearer, and brighter skin are in high demand today and you can focus on one aspect for a start and expand as you grow.
19. Fixing of Nails
This is another simple business idea for students in Nigeria that is somewhat easy to start. Both males and females can start it too. The only essential things you will need are nail appliances such as a nail file kit, nail polish, and nail polish cleanser. You can do this as an in house nail technician or find a location within the school or in the hostel where you can stay.
20. Invest In Forex and Crypto
Before I go on, I’d like to announce that this one is quite a risky business and therefore requires a lot of knowledge. As such, if you want to venture into this business, you will have to sacrifice a lot of time to learn how it works.
There are a lot of digital assets to trade and many coins in the crypto markets with the most popular of them being Bitcoin. You can trade these currencies and assets and earn money on the side with it even as a student. However, make sure you are properly trained by a professional.
Those are the best business ideas for students in Nigeria that can help you earn extra income. We believe that you will find them useful and start making good profits with them.
If you are determined, you can choose any of these business ideas to make extra money as a student. Also, check out 75 Hot business ideas in Nigeria to Make Money.
Any other business ideas for students in Nigeria that you are aware of? Please leave a comment below to let us know and we might add it to the list.
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