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10 Untapped Online Business Ideas in Nigeria 2020

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Online business ideas is one of the fast growing searched keyword in Google. Employment is one of the thousands of problems that an average Nigerians faces after their education; this unemployment problem has been for Nigerians over the years. It keeps getting worse every day because the population is increasing. Likewise, the number of people that are looking for a job is increasing.

The best remedy for this long-lasting problem is to engage in online business. 

Why should I start an online business in Nigeria?

Online business is very profitable and comes with less competition because only a few Nigerians know about it. Likewise, you need little money and also little effort in this online business which is also known as a digital business.

So at the end of this article, you will know the untapped online business ideas in Nigeria which you can invest your money and effort in and earn vast amounts of money within a short period in Nigeria.

10 Untapped Online Business Ideas in Nigeria 202010 Untapped Online Business Ideas in Nigeria 2020

10 Untapped Online Business Ideas in Nigeria

1. Website Design And Development

Website design and development is one of the fresh online business ideas in Nigeria currently.

Websites are essential for businesses either big or small because useful websites allow businessmen and businesswomen to reach their millions of Nigerians online, which can quickly turn them into customers and increase their sales.

Currently, we have millions of SMEs, private, international companies in Nigeria; only a few have websites; others still need useful websites to reach online users and also make sales online.

Website design and development is a very profitable online business; you need to undergo the necessary training that is required to become a professional website designer and developer.

An average website designer and developer makes over one million nairas monthly, depending on how you market yourself.

2. Blogging

Blogging is also one of the untapped online business ideas in Nigeria likewise one of the most profitable online business because you don’t need a considerable amount of money together started, you can register a domain on Q server or Domainking for just #1,000 and host it with less than five thousand nairas for a whole year.

All you need to get started as a blogger is a domain, hosting, fast internet connection, and laptop or tablet.

An average Nigerian blogger makes over #300,000 monthly.

If you are well informed in a particular topic like technology, sport, politics, travel, food, and other issues, then blogging is for you.

As a successful blogger, you can make money from Google AdSense, affiliate marketing, or sell your digital or physical product.

3. Affiliate Marketing

Affiliate marketing is one of the untapped and profitable online business ideas in Nigeria currently because you don’t need to invest your money in creating or producing any product.

Affiliate marketing is just about advertising other people products or services and then get an agreed commission after making sales.

4. Sell Your Digital Product

One of the best and most profitable online business ideas in Nigeria is selling your digital products.

You can create an ebook on a specific topic that will help people, for instance, “How To Import Car From Japan To Nigeria Without Nigerian Custom Service Problem”, and then sell it to the right people that need it, let assume you sell each ebook for #5,000. You can make 100 sales, that is #5,000 × 100 = #500,000.

Within a short period, you can make up to #500,000 from an ebook that you write without spending a dime.

5. Freelance Writer

Online Business Ideas; Sell Your Digital Product

A freelance writer is also one of the untapped online business ideas in Nigeria, you can work as a writer from anywhere across the globe if you are a professional writer or you have passion for writing, then freelance writing is for you.

You don’t need money to start working as a freelance writer. All you need is your writing skills and internet connection.

You can sign up as a freelance writer on Fiverr, iWrite, Guru and other freelance websites.

6. Become A Vlogging Or YouTuber

Vlogging is just like blogging. The difference between blogging and vlogging is that blogging deals with writing and use writing to educate people while vlogging deals with video and educate people with it.

You can create a youtube channel for free, and grow your audience and then monetize it with Google AdSense or sell your products on the circuit.

7. Forex Trading

Forex trading is one of the untapped and profitable online business ideas in Nigeria over the years and still making massive amounts of money until now.

Forex trading requires quality training because it is a little complicated, especially if you don’t have proper education about it before you go into forex trading, make sure you know.

Forex trading is a very profitable online business if you get it right, an average forex trader makes over #400,000 monthly.

eCommerce

eCommerce is on the list for untapped online business ideas in Nigeria currently. However, this business has been in existence for a long time in other countries but is still new in Nigeria.

Amazon, eBay and other big companies across the world make billions of dollars monthly.

eCommerce is the business that makes Jeff Bezos the richest man in the world. Also, Nigerian eCommerce companies like Jumia, Konga and others are making millions of naira monthly.

You too can do the same; you can start eCommerce website here in Nigeria,

You need a website designer to design your eCommerce website for you then you choose the product to sell.

It is better to choose a niche product to sell, like men’smen’s shoes, children’s clothes, jewellery, and others. Make sure you decide to sell one particular product; it will allow you to grow big within a short period.

9. Graphics Design

Graphics design is one of the most profitable and untapped online business ideas in Nigeria currently, you can learn graphics design within six months and become a professional graphics designer.

You can work as a freelance graphics designer on different freelance websites including, Fiverr, PeoplePerHour and other freelance websites.

10. Digital And Social Media Marketing

Digital and social media marketing is the last on my list for the top 10 untapped online business ideas in Nigeria.

Digital and social media marketing service are in high demand in Nigeria currently because millions of small business and big companies want to advertise their products online, and they need digital and social media professional digital and social media marketer to do it for them.

You can master digital and social media marketing within six to ten months, and it is a plus for you if you have a digital and social media marketing certificate and also register your company with the CAC because big companies can’t deal with a faceless company or agency.

As a digital and social media marketer, your primary duty is to advertise your client services or product online, 

An average digital and social media marketer makeover #500,000 monthly, depending on the companies