Top 13 Online Business Ideas that Pay Everyday

To many people, making legit money online is just a myth, they don’t believe you can genuinely make 6-7 figures monthly from an online business. Even the very few that believe they can find it extremely difficult to start an online business. With this article, I want to reveal some top 13 online business ideas that pay everyday and can bring in a huge sum of money as passive income and in turn make you a happy person.

Looking at Google’s search trends for the past 12 months, you will notice a huge increase in the number of searches for the most profitable online business opportunities and most legit online business ideas that pay. Others are searching for online business ideas that they can begin with almost zero capital. This article is targeted at Nigerians but the ideas here can be successfully applied elsewhere and achieve the same result. It will answer most of the frequently asked question patterning to online business ideas.

According to a recent report by the Nigerian Communication Commission (NCC), Over 300 Million mobile phones have access to the internet belonging to a total estimated population of about 200 million Nigerians. The report also indicated that about 10 million new mobile devices are added to this number almost every month.

Following this report by the NCC, it is safe to say that Nigerians are taking their daily businesses and activities online and that accords great business opportunities for entrepreneurs and hardworking Nigerians to earn huge sums of money online.

Furthermore, with the recent outbreak of the Coronavirus pandemic, several Nigerian firms, organizations, companies, and even small scale businesses are shutting down their offices and taking their business activities online to take advantage of the increasing population of internet users in the country.

Currently, online transactions in the Nigerian internet space are well over N2 Billion daily. Individuals, companies and government parastatals are constantly investing more money into online businesses. Don’t just seat around reading about these figures, when you can quickly start an online business and have your own share of the pie. There is a place for almost everyone with any type of skill or service in the online space.

What is an Online Business?

An online business refers to a business whose transaction is carried out almost entirely on the internet. It involves offering goods or services relevant to a targeted audience through the internet. The primary objective is similar to any ground or physical business — earn money. However, the implementation and approaches are quite different.

An online business may not be formally registered, however for legal purposes, it is highly recommended that you register the online business in your resident country as online businesses are not excluded from legal requirements.

Why You Should Own an Online Business

There has never been a better time in the history of the world to start a personal business than now when we have countless business opportunities to venture into, with some needing absolutely zero capital. 

With the introduction and advancement of social media and microblogging website tools, everyone is connected together regardless of their financial status, demography, and location.

Starting an online business is relatively very easy and inexpensive. For most online businesses, all you need is a mobile phone or a laptop with a fast internet connection. While others require a domain to house the business’s website, official emails, and more.

Another very important reason to start an online business is flexibility and freedom. With an online business, you are not restricted to office space, you can work comfortably from anywhere in the world. You can go on vacation for 6 months twice a year as long as you are with your mobile phone or a laptop that is connected to the internet.

Like any other venture, there are pros and cons that come with running an online business, but millions of people globally are finding themselves attracted to the idea of being in charge of their lives by h an online business.

Let me also mention that online business is highly profitable – go ask Jeff Bezos, the founder of both Amazon.

Finally, I like to remind you that the level of unemployment in Nigeria has skyrocketed dramatically, therefore, owning an online business might just be the only way forward for youths, especially young graduates.

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What you need to start an Online Business

Let me quickly run you through some of the basic requirements needed for you to start an online business in Nigeria:

  1. A smartphone or laptop
  2. Fast internet connection
  3. Business registration with CAC/FIRS
  4. A Brand Identity (Logo, Letterhead, Invoices, etc)
  5. A domain for your website/official email addresses
  6. Bank Account
  7. A Debit or Credit Card

Some other online businesses may require a few more things than those mentioned above, but for a basic online business, those are more than enough.

Now let’s get into the main focal point of this article, whether you are looking for money to pay your fee, or you need a passive income or money to start or grow other businesses, these are my top 13 legit online business ideas that pay everyday in Nigeria and anywhere else in the world.

Top 13 Online Business Ideas that Pay Everyday in 2022

#1 Affiliate Marketing

Affiliate marketing is one of the oldest, most reliable, and legit ways to make money on the internet. It is a commission-based business model that involves you earning commissions from merchants for sales and leads from you to their goods and services.

Let me explain further, when you find a merchant who is offering an affiliate marketing opportunity, you will sign up with them, and the merchant will provide you with a unique referral link. 

You are then required to share and promote that unique referral link to your friends, family, and other potential customers via your social media pages, websites, or anywhere else. The link will direct the customers to the merchant’s website or product and when they make a purchase, you earn a referral commission, some platforms offer up to an 80% commission ratio. It is important to note that for most merchants, you cannot earn any commission unless a purchase is made through your referral.

Most merchants will provide you with a dedicated dashboard on their website to help your track your traffic, leads, sales, and the commission you have received.

The most popular affiliate marketing opportunities are those offered by web hosting companies. Affiliate marketers earn commission from referring customers to buy domain names, SSL, and hosting plans.

There are also affiliate marketing opportunities from online stores like Amazon, Jumia, Alibaba, Aliexpress, ClickBank, and more. Sadly, ClickBank which is the world’s leading affiliate marketplace is restricted from being accessed by Nigerians.

The good news is we now have a similar platform in Nigeria which has become the leading affiliate marketplace helping affiliate marketers earn over N500,000 monthly on commission from sales, I’m talking about expertnaire. Expertnaire was founded by Nigeria’s highly successful affiliate marketer Toyin Omotayo and offers up to 80% commission for sales of digital products.

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#2 Dropshipping

Dropshipping is probably the newest addition to the list of online business ideas harnessed by Nigerians in making 6-7 figures monthly. The business requires Zero start-up capital.

Easily explained, dropshipping cuts short the process of purchasing and delivering goods to customers. This is how it works; instead of buying goods and storing them in your store or warehouse, you simply partner with a vendor or manufacturer, then list and promote their goods for sale online using your website, Facebook, Instagram, Whatsapp, or any other online platform. 

When a customer sends you an order, you forward the same to the vendor who then goes ahead to deliver the good/product directly to the customer. 

You will be required to pay for the wholesale price of the good or product and the shipping cost. The vendor, in most cases, will be responsible for the packaging, return and replacement of the good in a case of misunderstanding.

Let’s assume a customer orders an iPhone from you at the cost of N100,000 while the wholesale price is N60,000 and the universal cost of shipping is N5,000 after the transaction, your profit will be N35,000. 

#3 Freelancing

Freelancing is one of the easiest ways to start making money online and it is absolutely free to begin. You do not require a dime or any tool to start freelancing in Nigeria. All that is needed is experience, a phone and sometimes a laptop.

The most important requirement to begin freelancing is experience. An advanced experience in any of these fields Web Design, Programming, Search Engine Optimization, copywriting, transcription, video editing, Article Writing, editing audio, translating documents, translating books, etc is a huge advantage.

Primarily, the key to starting Freelancing is for you to figure out what you are good at.

Are you good with Coreldraw or Photoshop? Can you build iOS/Android Apps? Are you good at website design? Are you great at advertising? Do you have experience with search engines? Are you good at copywriting? Are you good at proofreading? Can you smoke it at video editing? etc.

When it comes to freelancing, you feed on your strength in doing the things you are good at and love doing.

One of the stumbling blocks for those starting out in freelancing is Advertising yourself and what you do… However, finding clients and getting jobs becomes easier as you start putting in hard work and dedication.

#4. Writing eBooks

This is one of the most popular online business ideas on the internet. If creative writing is your passion, then you deserve to be able to make financial earnings while doing something you truly love doing. I know many youths, taking advantage of this idea and earning huge amounts of money with it.

All that is required is for you to write down what you know about any aspect of life or your experience in any field of endeavour. It could be a children’s playbook, a fiction novel, or a marketing guide. I’m referring to anything you can literally wrap your head around.

There are countless online platforms that enable and provide tools for you to successfully publish your written books for your targeted audience. This ranges from publishing your ebook on Amazon and Digital Download app to on-request printing services like CreateSpace and Blurb.

When you publish your book to a digital store like Amazon, whenever a purchase is made, your ebook will be sent to the customer through a direct download link or by email and if they need a hard copy, you’ll go on to place an order with CreateSpace or Blurb who will customize and print your book, handle the storage, packaging, and delivery to the customer.

#5 Start your own Blog

Blogging is an excellent venture for anyone to earn 6-7 figures as passive income especially. Blogging which was once a virtual journal has now turned into a digital marketing and monetization channel making it one of the most profitable online business ideas for entrepreneurs in the 21 century. Linda Ikeji of lindaikejiblog, Omojuwa, Noble Igwe of 360nobs, Makinde Azeez of Naijaloaded etc can testify to that. Your blog could be about anything from News, Sport, Health, Self-Development, Finance, Education, Agriculture, Body Building, etc

Some of the most popular ways of earning money with your blog include publishing sponsored posts, hosting third-party ads with Google Ads being the most popular, hosting direct paid ads, selling your own products, affiliate marketing, subscription base model, etc.

The secret to running a successful blog is focusing on building your brand and engaging with your audience. The goal should be to build an audience that trusts and believe in what you are blogging about and this can easily be achieved if you start off with an audience-centric strategy.

The good thing about blogging is that; it gives you an essential opportunity to practice your writing skill and blogging is a long-term investment, it makes the business sustainable and can be on the internet forever except if you decide to delete it or stop renewing the hosting. You can create your new blog using any of these free content management tools WixBlogger, or WordPress.

#6 Become a Social Media Influencer

Social media influence is now a thing on the internet. It is mostly used in the marketing of goods, services, and new products. Talented young persona and entrepreneurs taking advantage of practice to earn large sums of money. Becoming an influencer is easy especially if you already have a large following.

Interestingly, you don’t need to have millions of followers to be an influencer, you however need active and engaging followers. You can start your social media influencing business with your personal Instagram, Facebook, or Twitter account. Due to recent dishonest practices by some of the big influencers with large followership, business owners are now patronizing micro-influencers with smaller but active and engaging followers. What that means is that you can earn money with your 5k, 10k, or more Twitter or Instagram followers as long as they are active in liking and commenting on your posts.

If you are someone who loves to spend time on social media, this is probably the best option to channel your passion or interest to making money for yourself. What could be more fun than making money while having fun?

#7. Buy and Sell Domains

Domain flipping is certainly one of the easiest and most low-cost start-up ideas in this list of online business ideas. As an enterpreneur, you can buy and sell domain names to earn money online since it takes very little time and investment.

You can purchase a domain at its registration price which most times is less than $15 and then resell it for a profit. However, it is highly advisable to do your homework first using websites like,,, or other domain auction websites in order to get domain names that are valuable.

The most recommended way to find really good names is to check out terminated lists that offer many expired names and have made their way back into the pool for people to buy. One of the most popular sites for this is where you can see domains that have recently expired and even those expiring in the next couple of days. You can also key in your desired keyword and search for domains with that keyword that have expired.

#8 Sell Your Photos Online

For those of you that are addicted to taking pictures or have a passion for photography, this is definitely one of the best online business ideas you should start looking into and making a living for yourself. It involves selling your photos to other people or companies.

There are thousands of persons and businesses online willing to pay you good and reasonable sums for the collection of all the unique photos in your gallery. Today more than ever it’s super easy to submit and share your photo to a yearning audience, which can, in turn, provide you with a very convenient approach to creating a solid source of passive income.

Several stock photo sites like GettyImages, Shutterstock, and Adobe Stock formerly Fotolia offer mouth-watery incentives for Nigerian entrepreneurs to earn money passively from their photos.

#9 Create Online Courses and Tutorials

Online course tutoring is another highly profitable idea for generating passive income as an entrepreneur. What you need is to create videos showing a step-by-step explanation of topics you are familiar with and then upload them on your personal website or on platforms like Udemy, Skillshare, Coursera, etc. For example, as a lady, you can make videos teaching make-up for several occasions.

To begin creating your first online course, you need to do research on a topic that people are constantly searching for on Google. It should be a topic that you are familiar with and you can teach someone in a step-by-step approach. This can literally be from any field of specialization – cooking, furniture making, web design, social media marketing, affiliate marketing, forex trading, phone repairs, and lots more.

After choosing a topic, the next thing is to download screencasting software to record your screen while you record your voice over the video. There are numerous software you can use for this purpose, top on the lists are Loom, Camtasia, Screenflow, etc. Some of this software comes with built-in video-editing features that let you edit your video and sounds. While some are free others will require you to pay some money before you can have full access to some features.

#10 Cryptocurrency and Forex Trading

The cryptocurrency industry took the world by storm in 2021, especially in emerging economies. Nigeria was once the leading nation in Africa in terms of cryptocurrency adoption but according to the report, Kenya leads in Africa, taking the 5th spot with an index score of 0.28. Nigerians, especially youths, have turned to the cryptocurrency industry to earn good money.

For most people trading cryptocurrency involves buying and holding onto a currency on a short, medium, or long-term basis in hopes that the price will eventually increase. Many Nigerians who bought Bitcoin when it was just about N600k a few years ago became automatic millionaires when the price rose to about N45 million last year.

However, I’ll like you to understand that this is not investment advice, engaging cryptocurrency businesses is currently illegal in Nigeria and is very risky.

Bonus Online Business Ideas

#11 Work as a Virtual Assistant

A virtual assistant is someone that remotely assists business owners, entrepreneurs, and executives in organizing their personal and professional activities. The role can mean a range of different activities from scheduling an appointment, and pitching a marketing strategy to receiving calls, data entering, replying to emails, and more, however, all these will be done remotely.

Therefore, for someone with organizational skills looking to work behind the scene, you might enjoy working as a virtual assistant (VA). This wouldn’t only expose you to having a feel of how businesses operate, it will also create an avenue for you to interact and relate with people from diverse cultural backgrounds all over the world. All that is needed is your laptop or smartphone that is connected to the internet.

Some of the companies that employ the services of virtual assistants include; BELAY, Boldy, Equivity, MyBTLR, Profit Factory, etc.

#12 Build Mobile Apps and Websites for Clients

Acquiring some coding skills and building mobile apps, website user interfaces, WordPress websites, Shopify apps, etc are some of the hottest online money-making opportunities currently shaping the web. And if you are tech-savvy, you should consider boarding the train.

Learning to design websites, build a mobile app, WordPress, and Shopify theme is now easier than ever with sites like Udemy, Coursera, Pluralsight, and more offering countless and in-depth courses in these fields.

#13 Become a Foreign Language Teacher

The quickest and easiest way to learn a new language is to connect with native speakers, so therefore, if you are a native speaker of a language like English, French, German, Spanish, etc that gives you an opportunity to make a few extra money while teaching other people your language.

You can use online tools like Zoom, Google Hangouts, and Skype to connect with learners and leverage your potential. They say time is money, so package your hours into language teaching sessions and watch how the money starts rolling in.


Overall, the Internet itself is saturated with one money-making idea after another. Even though making money online isn’t the primary source of income for most people, it can roll in huge extra dollar bills as passive income. There are countless entrepreneurs making six to seven figures monthly due to all the efforts, persistence, and time they have dedicated to making their online business ideas come alive

You can be the next success story if you decide today to put in your time, and effort and see where that leads. There’s an online business opportunity for everyone whether you decide to earn extra income passively as an entrepreneur or get your hands really dirty. We hope this article “13 Online Business Ideas that pay everyday” has given you some inspiration to start something yourself and create a successful online business.

Which of these business ideas have you tried out, Kindly use the comment box below to share your experience with us, We’ll love to hear from you.


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