Earning in dollars and spending in naira is the typical average Nigerian dream.
How To Earn In Dollars From Nigeria
With the constant devaluation of the naira, high inflation rate and economic instability, earning in a stable currency like the dollar is a better way to hedge against inflation and economic downturn.
How To Earn In Dollars From Nigeria
Early November 2022, the Nigerian naira and the US dollar exchange rate traded at an average of ₦855/$1. For context, if you were exchanging $1,000 that will convert to ₦855,000 in naira.
How To Earn In Dollars From Nigeria
The biggest flex as a Nigerian is earning in dollars. Nothing beats that feeling!!!
How To Earn In Dollars From Nigeria
— HONITEL👑 (@Honiitel) April 3, 2021
How To Earn In Dollars From Nigeria
Without a doubt, earning in a foreign currency like the dollar is more stable, has a higher value and appreciates the value of saving compared to the naira. This is in addition to the fact that earning in dollars means your job is based on hourly deliverables, which allows one to get involved in multiple tasks.
How To Earn In Dollars From Nigeria
Here are seven streams of dollar income; building a blog, freelancing or remote jobs, creating and selling digital products, running a YouTube channel, creating an e-commerce store, monetising GitHub projects and Affiliate Marketing
How To Earn In Dollars From Nigeria
1. Build a blog
If you’re looking for how to earn money in dollars, you may want to consider starting a blog. Your first step is picking a niche. It can be a lifestyle blog, news blog, business blog, teaching a new language or mastering a skill, travel, technology, health or fitness blog.
You can use content management systems such as Blogger or WordPress to build the blog and purchase your own domain name and hosting. Posting relevant and uncommon knowledge that is not currently available online will help drive traffic to the blog.
To monetise your blog, you can apply for Google AdSense on your blog, attach affiliate links or get advertisers who would publish sponsored posts…
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