FBS turns 16
July 04, 2025
Strategy
Among the great multitude of things you can do with a smartphone is make money. This article is about how Nigerians can generate income just using their phones. This works especially well with Forex.
A lot of people in Nigeria use the internet on their phones. The proliferation of smartphones has made online trading accessible to people from more backgrounds than ever.
Nigeria is investing heavily in telecom and broadband. 4G has already covered most of the country, and 5G is just around the corner. With higher speeds and more stable connectivity, people are trading Forex more confidently.
As well as infrastructure, the Nigerian government also partners with the private sector and international organizations to increase Nigerians’ digital literacy through programs like the National Digital Economy Policy and Strategy (NDEPS). Poorer areas receive internet access and digital training. Naturally, many people immediately seek ways to make money, and find online Forex trading.
Despite all the progress that’s being made, network fluctuations and regulatory kerfuffles still sometimes interfere with the seamless connectivity crucial for conducting economic activity online. Some rural areas also still can’t afford the data costs and don’t have access to advanced digital tools.
The global rise of remote work has seen many Nigerians harness the international freelance market through platforms like Upwork and Fiverr to ply their digital trade. You can create profiles, bid on projects, and work with clients all over the world. Before you know it, you’ve got so many offers coming in, you pick and choose which ones you want to take.
Platforms like Jumia and Konga let Nigerian entrepreneurs take advantage of e-commerce. People sell crafts, clothes, electronics, and even software. You can do very well for yourself by setting up an online store, which is not that hard to do. Then, if your marketing strategies are effective, you can attract a lot of customers.
With access to YouTube, Instagram, and TikTok, a ton of Nigerians have become bloggers, vloggers, and social media influencers. Those who consistently make good content that resonates with an audience and has high production value can get brand partnerships and advertising deals to grow their operation and put bread on their table.
Like everyone else in the world with access to the internet, Nigerians have gotten into the online tutoring, digital marketing consultancy, and virtual assistance business. Zoom and Google Meet, as well as project management tools, are their best friends.
Nigerians are no fools when it comes to harnessing their phones to make money through both fast-paced trading and long-term investing. The platforms generally used are MetaTrader, Ctrader, and some others; and Forex brokers like FBS offer cutting-edge tools and favorable conditions.The FBS mobile app is designed to deliver a seamless trading experience featuring real-time market data, advanced charting tools, and a user-friendly interface, as well as educational materials for novice and advanced traders alike, expert analysis, and customer support in all languages.
A smooth social media presence, a sleek website, and an impressive online portfolio are all things that make you visible and attractive to customers.
The world of effective marketing strategies is your oyster. SEO and social media are your keys to a successful online business.
Without good time management, you can never be productive, which means you will never be successful. Especially if you work at home, you need ironclad discipline.
You also need to understand finance and pay attention to your budget. A chef always knows what ingredients they have in stock and when the new shipment will be; likewise, a trader or online businessperson must know exactly what’s going on with their money.
To compete in the digital marketplace, and jump on opportunities as they emerge, you need to be flexible, and on top of industry trends and technological news.
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