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If you are looking to invest 1000 naira and earn daily in this country, you have come to the right place. After enormous research, we have come out with some of the best ways to invest 100 naira and earn daily in Nigeria.
With the current state of the country's economy, investing is one of the best decisions to take. There is a saying that "A man without investment is like a a tree without leaves."
While it is true investing a small amount of money, such as 100 or 1000 naira can be challenging, it is not impossible. There are many options available to invest as low as 100 naira. Continue reading to discover some of the best ways to invest 1000 naira and earn daily in Nigeria.
Invest 100 Naira and Earn Daily in Nigeria
Herr are some of the opportunities to invest as low as 100 and earn daily profit:
1. Invest in a blog
Blogging is one of the lucrative online jobs to consider. You can invest in a blog and earn daily in a few months time. All you need is to create your blog on Google blogspot since it is a free blogging platform. Once you create your blog, you can buy a domain on name cheap as low as 100 or 1000 naira.
Most professional Bloggers are able to earn at least 10k per day online. Some popular ways they earn money is through affiliate marketing, sponsored posts, displaying advertisements, and guest posts.
2. Micro-Investment Apps
Investment apps are online platforms that allow investors to invest money. Online investment apps have revolutionized the way investors invest with minimal capital. You can invest with a small amount of money into fractional shares of stocks, and other assets such as ETFs.
Some of the best and popular online investment apps to invest as low as 1000 naira and earn daily are Stash app, Across app, Robinhood investment app, and many others.
3. Stock Market Micro-Investing
Another way to invest 100 naira and earn daily is to consider stock market micro-investment. Some stock trading platforms allow users to invest small amounts in stocks or exchange-traded funds (ETFs). With as little as 100 Naira, you can buy fractional shares of a company.
Micro-investing platforms often provide easy-to-use interfaces and educational resources for beginners. Keep in mind that investing in the stock market involves risks, and it's advisable to diversify your investments.
4. Online Freelancing
While not a traditional investment, using your 100 Naira to build a skill or start an online freelancing gig can generate income over time. Invest in online courses, books, or tools that can enhance your skills in areas such as writing, graphic design, programming, or digital marketing. As you build your skills, you can offer services on freelancing platforms and earn daily or project-based income.
5. Daily Contribution Schemes
Some informal savings groups or daily contribution schemes, known as "ajo" or "esusu" in Nigeria, allow members to contribute and take turns receiving a lump sum. While this may not be a traditional investment, it's a way to pool funds and access a larger sum periodically. Joining a reliable and trustworthy group can provide a source of daily returns, although the amounts might vary
6. Peer-to-Peer Lending
Peer-to-Peer Lending can be another potential way to invest 1000 naira and earn daily. This kind of investment connects people who need loans with investors like you. When you invest 100 naira across multiple loans, you can diversify your risk and earn daily interest as borrowers repay their loans.
You can offer loans to borrowers on popular platforms such as Prosper and Lending club. You get the opportunity to lend to others and earn daily interest.
Other ways to invest 100 naira and earn daily in Nigeria are forex trading, daily contribution schemes, small-scale businesses, and others.
Investing 1000 naira and earning daily in this country can be sometimes challenging since the money is not huge enough. Therefore, it is essential to note that it may take several weeks to months to start earning any reasonable income.
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