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Author Topic: Nigerians should learn to work for dollars in recent time  (Read 269 times)
odunybiz (OP)
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November 05, 2023, 08:13:32 AM
 #1

In recent time, there is rapid increase in price of dollar to naira everyday. This is a very great opportunity for anyone earning in dollar as the rate of dollar to naira keep increasing. Imagine someone earning just #30,000 as salary in a month in Nigeria naira. This recently isn't up to $30 when converted and it's something one could make within one or two weeks if you earn in dollar. It's high time we should work for dollars rather than naira. Working for dollars can be done through the following:

👉👉Online Content Creation
Are you a good writing? Are you a comedian? Do you have any talent you can share that is advantageous to the world? If you answer is YES, then you can easily earn online in dollar creating content and posting it for rewards.

👉👉Investing in the stock market
Buying and selling shares in international companies can be a good way to earn in dollars. Although this may be risky but it's worth trying if one have good knowledge about it.

👉👉Investing in cryptocurrencies
With good knowledge in cryptocurrency, one can easily earn in dollar dealing with crypto. Just like stock market, crypto may also risky but it's worth trying

👉👉Partaking in Signature campaign in the forum.
After gotten to certain rank in the forum(full member+), one can easily work to earn in BTC. Earning in BTC is also a great one which it's potentials can never be compare to naira.

CONCLUSION
Although working to in dollars from Nigeria may not come easy but it something worth doing. With patience and hardworking, one will definitely achieve with it.

Is there any other way you think one can earn in dollars from Nigeria apart from the ones mentioned above. Kindly share with others as it may help to liberate someone from proverty.

It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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November 05, 2023, 08:21:22 AM
 #2

If you invest in bitcoin or other cryptocurrencies, that does not mean that you are earning in dollar. In fact, you are not earning in dollar but in cryptocurrencies. It is also worth knowing that most altcoins are gambling, you can lose money if you invest in them, but if you invest the amount of money that you can afford to lose in altcoins and you make money from them, it is better you convert them as fast as possible before they will lose value again. It is better to invest in bitcoin.

You can earn with signature campaign on this forum, but that does not means that you are also earning in dollar. You earn in bitcoin. Maybe you are thinking that signature campaigners are earning in dollar because most campaigns are using dollar to estimate the pay rate. That is not true because other currencies like euro or pounds sterling can also be used but dollar is mostly known to people and the reason. The payment is in bitcoin, not dollar.

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November 05, 2023, 08:22:17 AM
 #3

Earning in dollars isn't the problem but what if you are earning in dollars then you want to purchase things in Nigeria and we know how costly things are now, so the higher you earn in dollars, the higher you also spend it in Naira.

Inasmuch as i encourage people to earn in dollars I also wish for measures that can help our currency gain value as the incessant devaluation of our currency are making it look as if we ain't earning enough because no matter how much you earn, the prices of goods and services are still very very high so it just look as if we ain't earning at all.

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November 05, 2023, 09:02:59 AM
 #4

Earning in dollars isn't the problem but what if you are earning in dollars then you want to purchase things in Nigeria and we know how costly things are now, so the higher you earn in dollars, the higher you also spend it in Naira.

Inasmuch as i encourage people to earn in dollars I also wish for measures that can help our currency gain value as the incessant devaluation of our currency are making it look as if we ain't earning enough because no matter how much you earn, the prices of goods and services are still very very high so it just look as if we ain't earning at all.
What I think the OP is trying to say is not that we should earn in dollar directly, but to earn abroad from Nigeria because the money those developed countries see as peanut money is high for us here to live a confirmable life, and I think the OP is not wrong at all but not put it exactly in the way people will understand better.

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November 05, 2023, 09:08:01 AM
Merited by hugeblack (2), Wiwo (2), SOKO-DEKE (2)
 #5

In recent time, there is rapid increase in price of dollar to naira everyday. This is a very great opportunity for anyone earning in dollar as the rate of dollar to naira keep increasing. Imagine someone earning just #30,000 as salary in a month in Nigeria naira. This recently isn't up to $30 when converted and it's something one could make within one or two weeks if you earn in dollar. It's high time we should work for dollars rather than naira. Working for dollars can be done through the following:

It is a very good way to earn in dollars in Nigeria since most of our goods we use here are imported from outside countries which they use dollar as a means of exchange. Even the so called market women who plant and grow their products here are also increasing the price of their goods because they had dollar has risen, so such will the money for their goods also rise which is now a normal here in Nigeria. When people complaint they immediately bring the rise in dollar into conversation.

Even the layman that knows nothing about naira to dollar rating and conversion rate have also been using the depreciation of naira to dollar to sell goods in higher prices. Sometimes I don’t want to blame them because they must have bought other things they might have used in growing their plants for an increased price that was already affected by the dollar rise. Even that being said, most of the prices are too much when you compare them to the high price of goods in relation to what the dollar cost now. It is not even the increase in price of petroleum that is leading to all this, it has been happening since before now.

In conclusion, where I am getting at is that; earring in dollar will only make you live a balanced lifestyle between now and later, it will be as if your income is not increasing and neither is it reducing. When you earn in dollar and the price of naira to dollar depreciates, you’ll get more naira during conversion. Now going to the market to buy goods, the price most have shoot up and you’ll end up buying at a higher price than it was before. The worst of it all, is when naira appreciates against dollar, the prices of those goods will hardly fall back but rather they will remain like that. You can now see that, when we are still trying to find other means of having a better life by earning in other currencies, back home we are still being embezzled by our own people again.

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November 05, 2023, 09:28:29 AM
 #6

Earning in dollars isn't the problem but what if you are earning in dollars then you want to purchase things in Nigeria and we know how costly things are now, so the higher you earn in dollars, the higher you also spend it in Naira.

Inasmuch as i encourage people to earn in dollars I also wish for measures that can help our currency gain value as the incessant devaluation of our currency are making it look as if we ain't earning enough because no matter how much you earn, the prices of goods and services are still very very high so it just look as if we ain't earning at all.
What I think the OP is trying to say is not that we should earn in dollar directly, but to earn abroad from Nigeria because the money those developed countries see as peanut money is high for us here to live a confirmable life, and I think the OP is not wrong at all but not put it exactly in the way people will understand better.

It isn't easy to get jobs that pays in dollars from Nigeria and considering that most of these foreigners sees Nigerians as fraudsters, sometimes it is difficult for them to trust us on online jobs that we can do in other to earn in dollars it is just very unfortunate that some internet scammers and fraudsters have succeeded in painting our name black to the international community thereby making it difficult for foreigners to earn our trust. Just wish we can rewrite that narrative of foreigners seeing Nigerians as fraudsters.

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November 05, 2023, 09:41:18 AM
 #7

As Nigerians earning in dollars right now will be the messiah for us to surpass this untold sufferings we face precently in this our beloved country, but you see it is not easy for us Nigerians to earn in dollars  legitimately we have a whole lot of writers, graphic designers, editors and a lots of other people out there who has the skill to work for abroad based companies and earn in dollar but its very difficult to access the legitimate sites sometimes the well established Amazon and the rest makes it very difficult for third world countries like ours unlike our counterparts from the western and more civilized world, a friend of mine was also complaining that Upwork which pays him $15 to $30 dollars pay day no longer pays him because of some few scammers from Nigeria that has spammed the site with there fraudulent activity.
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November 05, 2023, 09:45:09 AM
 #8

Nothing dey wrong in working for dollar because na the sure bet base on how things don take dey for our country. As a matter of fact, Naija boys are trying because we no dey carry eye take see anything wey go give us bread without giving our best to it. Ever since Elon Musk bring the revenue sharing matter, plenty Naija boys don dey build their account for that direction and some don dey already cashout so I trust Naija guys.

OP na better post you make for here, just that these your suggestions them require plenty technical skills and time. E no dey happen overnight so I go encourage our people dem to put eye for those things make we for hustle to make the ruba.

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November 05, 2023, 10:13:00 AM
 #9

Earning in dollars isn't the problem but what if you are earning in dollars then you want to purchase things in Nigeria and we know how costly things are now, so the higher you earn in dollars, the higher you also spend it in Naira.

Inasmuch as i encourage people to earn in dollars I also wish for measures that can help our currency gain value as the incessant devaluation of our currency are making it look as if we ain't earning enough because no matter how much you earn, the prices of goods and services are still very very high so it just look as if we ain't earning at all.
What I think the OP is trying to say is not that we should earn in dollar directly, but to earn abroad from Nigeria because the money those developed countries see as peanut money is high for us here to live a confirmable life, and I think the OP is not wrong at all but not put it exactly in the way people will understand better.

It isn't easy to get jobs that pays in dollars from Nigeria and considering that most of these foreigners sees Nigerians as fraudsters, sometimes it is difficult for them to trust us on online jobs that we can do in other to earn in dollars it is just very unfortunate that some internet scammers and fraudsters have succeeded in painting our name black to the international community thereby making it difficult for foreigners to earn our trust. Just wish we can rewrite that narrative of foreigners seeing Nigerians as fraudsters.
I think online business that pays in dollars have been in existence for so long. Only that most people just started to make inquiry about it lately due to economic inflation. Be thou as it may, it's only those that can develop there time to it can only benefits from it. Nigerians online frudsters might have got away with there dubious and atrocious deeds but that doesn't mean people are not benefiting from it here are some online business:
Free lancing
Blogging
Affiliate marketing
Dollar abitrage
Forest trading and many more you can read through this link==>
https://www.google.com/url?q=https://guiderspot.com/online-business-that-pays-daily/&sa=U&ved=2ahUKEwiSoofhyqyCAxWxO7kGHQ-yA2YQFnoECAQQAg&usg=AOvVaw2Nu05CUULvY3eF4eQ4CzcX

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November 05, 2023, 01:36:29 PM
Merited by hugeblack (1), Jegileman (1), Jaycoinz (1)
 #10

I find this topic a very interesting one because I'm doing something similar. There are a lot of ways one can earn in dollars here in Nigeria, Examples
Virtual assistant skill: this skill, you will offer administrative support to clients and these offers are data entry, Email management, Online research, Social media maintenance, Expense reports, travel booking, online purchases, and a lot more. As a virtual assistant, you can do simple work like submitting client resumes to different job sites like Indeed, ZipRecruiter, etc and you get paid in dollars.

Airbnb job roles: Help client market their properties on the Airbnb site, here you can help the client create a listing using their Airbnb account and you get paid for it.
There is a lot of freelancing skill one can learn.
Note: Before going into freelancing skills or any other skill set that requires you to work for a client and earn in dollars, make sure you are a sincere and detail-oriented person. Don't be only interested in the money rather make sure you deliver a good job to this client and at the agreed time. Don't be a dubious person, always be sincere or truthful in your doings and you will have the best clients who will always call you back to do jobs for them when necessary .




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November 06, 2023, 03:25:09 PM
 #11

As a fact of the Local currency to had lost its value over USD ($) does not mean the naira is valueless or does not mean there are no measures one can earn profitably with the naira.
However, USD($) is just the world reserved principal currency and doesn't mean it is the most valuable or most high rated currency in the world so you don't basically point at earning with the USD($) as the most potential means of earning to end poverty our the only term where one would have a valuable earning.

Talking about investing in Bitcoin as a means to earn in USD ($) is a wrong thought. Bitcoin is specifically is a currency of its own that is decentralized rather its values is considered on USD ($) since the USD ($) is already a World reserved principal currency. Meanwhile the inventory technology of Bitcoin is served a means of exchange where you can exchange your coin of Bitcoin or any related cryptocurrencies to central authority (any currency) including naira.

You basically earn in USD($) when only your payment source is specifically relied on USD($) and doesn't really matters the nature of your earning.


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November 06, 2023, 04:30:35 PM
 #12

Na true sae Nigerians supposed find ways wey them go fit the earn for dollar to balance the high rise of things wey d for the country but my question come be, what of those wey no fit engage themselves for wetin wey go fit help them earn for dollar, how will they go about am? Because I know sae not everyone wey d for this our country go fit do the aforementioned thing wey go fit pay them for dollar.

The suggestion wey I go give at this time wey our economy no d level, na make everyone minimize their spending, double their hustle(start up new businesses) or enter into farming. With that way peso go fit the manage em life and that of em family until the economy of our country bounces back to normal

R


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Youngkhngdiddy
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November 06, 2023, 06:03:33 PM
 #13

Na true sae Nigerians supposed find ways wey them go fit the earn for dollar to balance the high rise of things wey d for the country but my question come be, what of those wey no fit engage themselves for wetin wey go fit help them earn for dollar, how will they go about am? Because I know sae not everyone wey d for this our country go fit do the aforementioned thing wey go fit pay them for dollar.

The suggestion wey I go give at this time wey our economy no d level, na make everyone minimize their spending, double their hustle(start up new businesses) or enter into farming. With that way peso go fit the manage em life and that of em family until the economy of our country bounces back to normal
  The economy for this country dey depreciate steadily and e con dey be like say nothing anybody fit do about am. Cost of living just dey high every two days and once something high for this country e no dey everly come down.
Back then wey dollar and naira been dey equal buh right now, the currency dey find space to breath. I no even sabi to blame but everywhere the solution for survival go be say to earn in dollars because why not, like you get 1k dollars for house, e no fit dey compared to #1k na. No be say things no dey wey person fit do to earn in dollars o buh omor Nigerians go fit dey patient learn these things, even after learning, wey selection for these jobs go come, no be still everybody Dem go select. The only thing be say na just consistency go make, plus better brain storm; a lot of ways dey, no be jus some major things, make we jus go deep, scout for the minors then set am as our majors, at least to earn small in dollar better pass to earn big ion naira because omor difference dey for the two currencies.
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November 06, 2023, 06:53:36 PM
 #14

It isn't easy to get jobs that pays in dollars from Nigeria and considering that most of these foreigners sees Nigerians as fraudsters, sometimes it is difficult for them to trust us on online jobs that we can do in other to earn in dollars it is just very unfortunate that some internet scammers and fraudsters have succeeded in painting our name black to the international community thereby making it difficult for foreigners to earn our trust. Just wish we can rewrite that narrative of foreigners seeing Nigerians as fraudsters.

Yes you are correct, those bad eggs among us have just made everyone look like a suspect, Even when we are doing things legitimately people don't seem to believe it at all, when they see you doing online jobs they classify you as a fraudster or a scammer. There are really online jobs that pays in dollars but how to get link to those online jobs is also a challenge. People who knows about such jobs rather keep it to themselves rather than giving others information on how to go about it.

I think we need more work to do in order to change this narrative that most Nigerians are fraudsters and our government have also aided in the high rate of fraudsters in the country because when fraudsters or scammers are caught instead of the government to bring them to book they rather take huge bribes from them and leave them to continue with their illegal businesses.

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November 06, 2023, 09:22:33 PM
 #15

Even though your earnings are in the dollar it will still affect you as a Nigerian, goods in Nigeria are very expensive, so no matter the amount you earn in dollars it will still amount to nothing when you use it to purchase some stuff, earning in the dollar as a Nigerian is very difficult, where will you get such job, even Nigeria citizens working in multinational companies are been paid in naira, while foreigners in the same company are been paid in dollar, the company I know that pay their staffs with dollar is total, but if you are in the category of a contract staff you will be paid in naira, Nigerian's are not fraudsters, it would have been better for you to say that some Nigerians are into it, are you even sure of what you are saying, it is better to earn in dollar because the current exchange rate that's all I have to say.

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November 08, 2023, 03:44:41 PM
 #16

As the saying goes, "wisdom is profitable to direct" and at this stage when the economy is not favorable at all, we must start thinking outside the box, and that involves looking for a soft skill you can do from the comfort of your home that will get you paid in a currency that has a value that is higher than ours.

Soft skills that can allow you to work remotely include.
1 digital marketing
2. Software design/ development
3. Copywriting
4. Social Media influencing: if you can also make your account get monetized, either on YouTube or any other social media platforms, it's also a good way to go.

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November 08, 2023, 11:58:11 PM
 #17

U no talk weting they bad my broda. Me for my work as a designer ah done stop to they take payment with Naira o. Normally if i they send my breakdowns of task monthly to my company wey ah they work for nah in dollars ah they use calculate am. Since the Naira against Dollar something they strong. ah they want make things balance. At least if dollars increase my Naira go still increase. If person no do like this how a wan take survives for the country. If opportunities, they wey person fit they invest they take returns in dollars me ah go like do cos it is what it is in this county.

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Y3shot
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November 09, 2023, 11:50:26 AM
 #18

Having a side hustle that pays in dollars in the present economy  will really help people to stand firm financially.  But it is not that easy to get , I think what will also help people financially this hard time is to start saving in dollar since naira is loosing value every day. The economy is not good to just keep naira as saving because it will depreciate , if people find it to get a side hustle that can generate income for them it is either they save I dollars or invest in bitcoin with a amount they can afford to lose. It can be a big waste in this recent time to just deal on the naira currency as savings .

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November 09, 2023, 07:32:15 PM
 #19

I have no issues with earning in dollar but I think it will be greedy and selfish of me to think because I earn in dollar, hence rates of dollar should keep increasing because at the long run, we’re all affected by the rate either directly or indirectly and just as other users have already corrected that most of the jobs you mentioned previously don’t really earn in dollar hence generally we fit talk say make people try Dey earn for any currency wey better pass Nigeria own because at some point, Nigeria currency still better pass a whole lots of other country  currency but we Dey feel the impact most because this our hike in depreciation was uninformed.
There are also several ways to earn in other currencies better then oit Nigeria naira which includes the following below:
Trading which has several areas such as forex trading, cryptocurrency trading, stock and the rest of them but whatever the case might be, always earn in foreign currency better than the Nigeria currency

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November 09, 2023, 09:02:30 PM
 #20

The people affected the most by this dollar issues is the masses that only earn in Naira, invest with Naira and never try to find a way to make passive income mostly one that earns in dollars, no matter how small.

Na only those of us wey don know road go dey fit show those wey still dey lost road or better put, how to earn legally in dollars, because na person wey dey known and close and wey dey interested in us and our blessings from hustle, go fit benefit from any free knowledge on how to earn in dollars in these recent times o. Some kind man these days wey dey form padi padi and pretend to need help, na just to tief the small cash wey dey person hand or spoil person hustle.  

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