It's no secret that the internet has opened up many opportunities for people since it came into existence. 

With over 159 million subscribers in Nigeria today, the good news is that you can use the internet to explore businesses that can pay you daily. 

Sounds too good to be true? Not really; from careers like freelancing, blogging, and social media influencing to referral promos, you can make online today with little or no capital. 

Let's dive in!

Starting an Online Business - What Do You Need?

You may be thinking of gaining a digital side income or changing your career path; here are some tips to get started;

• Have access to a good internet connection.

• Have access to a laptop, smartphone, or desktop computer.

• You should possess essential skills in reading, writing, and communication.

• You should have a skill in your desired field or be on a path of learning one.

• Have a well-defined goal, research your desired niche or business field properly, and be dedicated.

• Have a reliable and safe bank account like Moniepoint Business bank account you can access on your iOS or Android devices for smooth transactions.

6 Profitable Online Ways to Make Money Online

If you are scrolling through the internet in search of some top online businesses that can pay you daily, I'll make it easier with this list below. 

1. Blogging

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Blogging is a profitable online business in Nigeria that enables you to earn money doing what you love. If you are passionate about writing, an excellent online business is creating a blog on platforms like Medium, WordPress, Wix, Substack, etc. 

Now, how do you earn? You can choose any niche you desire, such as fashion, education, marketing, or health, and get paid based on your based on your number of subscribers or website traffic. 

You can also earn through Google AdSense and affiliate marketing. Plus, you can earn from sponsorships like the Medium Partner Program- this is a promising avenue, especially if you have a broad audience. 

2. Affiliate Marketing

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Affiliate marketing is an online business system where brands or individuals pay you to market their products or services. In other words, they pay you when you recommend their products through your platform, such as social media, and a customer makes a purchase. 

Did you know you can also promote referral programs as a Moniepoint user by sending a code to your referees? You'll receive N4 for every transaction they complete within one year.

3. Freelancing

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Embarking on a freelance career lets you make money online from the comfort of your workspace and schedule. You can sell your services on freelancing platforms, from website designing, content writing, copywriting, software development, and more. 

Some profitable freelancing platforms include Fiverr, Upwork, and Freelancer, allowing you to explore hiring opportunities and sell your skills to high-paying clients. To begin your freelancing journey, follow these steps:

4. E-commerce

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You can buy and sell anything online thanks to the internet and increased digital engagement. E-commerce is an online business that pays in Nigeria, and you can operate from the freedom of your social media platforms, online marketplaces, etc. 

It's a fantastic means of earning because you avoid the stress of setting up a physical shop, stocking up physical goods upfront, or paying rent. 

5. Social Media Influencing

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In today's digital world, you'd agree that social media influencing is the next best thing ever since sliced bread. Imagine earning money to engage your followers and subscribers. 

You can become a social media influencer by:

• Selecting a niche that you understand and can quickly build an audience around.
• Exploring and choosing your social media platform, like Instagram, TikTok, or Snapchat. The key here is to understand how the audience of these platforms behaves and how the market uses them.
• Open your social media account, grow your followers or subscribers, and post original and engaging content. Ensure you connect with your audience and do not sound too 'sales-ish' so you don’t drive followers away.
• Contact brands in your niche or wait for them to contact you with partnership deals.
• Get paid as per your contract agreement.

The amazing thing about social media influencing is that you can get paid upfront. You are also free to use your creativity as long as your followers take the desired actions.

#6. Forex Trading

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As a foreign exchange market trader, you can earn online by analysing demand and shifts in currency values. It's like a traditional market where you buy and sell items but trade currencies this time. 

You can trade personally or for other individuals and make as much profit from this online business that pays daily. Here are some tips to begin Forex Trading:

• Get the essential forex training to understand how the system works, as this field is technical.
• Set up a brokerage or securities account that you’ll use to trade financial assets.
• Create your trading plan. Like other online businesses that pay daily, you must establish a top-level trading strategy to ensure you make adequate profit.
• Begin your trading journey. 

After setting up your plans, you can begin trading disciplined and organised to avoid heavy losses.

Now, we understand that an active online hustle may not work for some of us—especially if you already have a time-consuming job. But even at that, there's another way to make money online.

Make Money Online through Moniepoint’s Referal Program

You can earn passively and watch your money grow effortlessly when you refer a friend using your referral code on the Moniepoint Banking app. 

Spread the word about Moniepoint and get people to experience our seamless banking, and you'll earn N4 every time your referee makes an inter-bank transfer. Not just that, you'd continually earn from this for the next 12 months;

Step one: Log in to your Moniepoint Personal Banking App and click the “Earn from Referrals” icon on your dashboard.

Step Two: Copy and share your referral code with your referees, which they input when they sign up. You can also click on the “Invite a customer” referral deep link that contains your referral code, which they can use to open a Moniepoint Personal account easily.

Step Three: Qualify by ensuring that your referees enter your referral code during their signup process or within seven days after signing up.

Step Four: Earn N4 for every interbank transfer your referee makes for 12 months after activating their Personal Banking Account.

Step Five: Once your referral earnings reach N50, you can transfer it to your personal banking account.

Wrapping Up

Well, there you have it. The internet makes many opportunities available to boost our income streams. By exploring and focusing on your desired field, you, too, can easily make money online today.