Business
Naira Devaluation: 5 Ways To Earn In Dollars While Living In Nigeria
Living in Nigeria and earning dollars has become a dream for many people. With the high exchange rate of the dollar to the naira, a few dollars will change your life for the better in Nigeria and make you comfortable.
However, being in Nigeria and earning in dollars doesn’t come easy because you have to know your way around it.
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In this article on EKO HOT BLOG we would be looking at ways to make dollars while living in Nigeria.
1. Affiliate Marketing
In affiliate marketing, businesses, particularly those in the US, pay you a commission in exchange for your assistance in promoting their goods and services.
When it comes to affiliate marketing, these businesses just have one objective: to bring in as many new customers as they can. To make this happen, they now require a vast army of affiliates.
You can either work for these billion-dollar businesses as an affiliate or as a network owner.
2. Blogging
This might be the slowest to get started, but once you have good traffic flowing in, you can make some really decent earnings as long as your content is of quality and free from any plagiarism.
You can start off with a Google product named Blogger. It is free to use and has no hosting fee. You can get started right away and start working towards your first earnings.
3. Freelancing or Remote Full-time Jobs
Working remotely or as a freelancer is one of the best methods to make money in dollars or other foreign currencies.
On freelance networks, you can get freelance jobs as a writer, graphic designer, or data analyst.
Additionally, you can apply for full-time remote positions and work from the convenience of your Nigerian home while earning dollars.
Two platforms that offer these opportunities are Upwork and Fiverr.
4. App Development
If you ask us, the people who are making the most money are app developers. Every business owner wants an app for their company, both domestically and internationally.
As you grow as an app developer, you will start to earn some cool money.
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5. Transcription
Online transcription jobs are becoming more and more common. Online transcription jobs allow Africans with good listening and typing abilities to make money from the comfort of their homes.
According to statistics provided by Zip Recruiter, the average online transcriber in the United States earns over $45,000 annually. Africans who pay attention to details can therefore make a living by listening and typing. Financial Wolves estimates that every single hour of work on freelancing platforms can bring between $15 to $25.
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