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8 Best Ways to Make 5000 Naira Daily on Facebook in Nigeria in 2024

Are you looking to make 5000 naira daily on Facebook in Nigeria?

Making 5,000 naira a day on Facebook in Nigeria is easy if you understand how the platform works. Without knowledge of how it works, you’ll waste time and money.

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In September 2022, I quit my full-time job to focus online because I was making enough money from home. Facebook greatly helped me make this change.

If you are looking for ways to make 5,000 naira daily on Facebook, I hope this article helps you.

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Most people think of Facebook as a social media app where people come to laugh and play, but Facebook is a business.

The business of Facebook is to make money. In 2022, Facebook generated a revenue of $116 billion.

How does Facebook make money? Through advertisements. Facebook makes money when people pay to advertise their products.

Whenever you see posts with “sponsored” written at the top, those are ads or advertisements. I’ll refer to them as ads in this article.

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How to make 5000 daily on Facebook in Nigeria

An example of a Facebook ad

Whenever you see ads in your feed, somebody paid Facebook.

 

If you are looking for how to make 5,000 naira daily on Facebook, this article will show you how to do it easily without wasting time and money.

How to Make 5000 Naira Daily on Facebook in Nigeria

You are paid in direct proportion to the difficulty of the problems you solve. So get very good at solving very HARD problems.

-Elon Musk

1. Learn How to Run Facebook Ads

How to Make 5000 Naira Daily on Facebook in Nigeria

 

It’s essential to learn how to run Facebook ads if you want to make money on this platform.

Why should you learn how to run Facebook Ads?

For starters, Facebook ranks as the third most visited website globally, following YouTube and Google. This positions it as a massive marketplace where you can buy or sell anything.

Secondly, Facebook boasts 2.9 billion active monthly users.

These are 2.9 billion PEOPLE who have one or two problems that need solving.

 

Being able to run Facebook ads is a high-income skill that lets you reach these people and help them solve their problems.

In 2022, Facebook’s total advertising revenue reached $113 billion.

With Facebook Ads, you can sell anything from anywhere in the world. You can sell health products like supplements to digital products like ebooks.

You can also help local shop owners sell their products or create your own product to sell.

 

If you offer a service, such as being a barber, furniture maker, or welder, Facebook ads can help you reach more potential customers.

No #1 Best Way to Learn How to Run Facebook Ads

Many online courses are available to teach you how to run Facebook ads. But how do you know the ones that are good?

That is where I come in.

I’ve written this article to help you avoid the biggest and most common mistake people online:

WASTING MONEY ON A COURSE CREATED BY SOMEBODY WHO HAS NEVER MADE ANY MONEY ONLINE.

While there are thousands of courses online, not all of them are good. In fact, a majority of them are scams in disguise.

If you have ever invested in a bad course, you will understand what I mean. You buy a course only to find out it isn’t actionable.

Contrary to what you might think, great courses are often affordable, with some priced as low as 5,000 naira.

The best way to learn how to run Facebook Ads is to invest in a Facebook ad course created by to somebody you know, like, and trust. Somebody who makes money doing what he teaches.

2. Create and Sell Digital Products

Now after learning how to run Facebook Ads, how do you apply this knowledge?

The easiest way to apply your Facebook Ad knowledge is to create a digital product like an ebook and start selling.

Regardless of your location, there’s something you know that others want to learn.

If you are a tailor and you know how to sew a certain cloth pattern, you can create a product on that and sell it with Facebook Ads.

You can create products like courses and ebooks on various topics. Digital products can cover a wide range of subjects, from recipes to how-to guides.

For instance, you can easily create an ebook on How to Bake Different Cakes or Cook Various Rice Recipes.

What if you have no skill people will want to learn?

ChatGPT will help you overcome this problem. ChatGPT is a tool that will answer any question you ask even if you do not know how to bake or cook.

With this tool, you can create ebooks on anything. If your book happens to be something people want, they will happily pay you for it.

3. Run Ads for People and Businesses

Run ads for people and businesses in Nigeria

Another way to make money on Facebook is by learning how to run Facebook ads and helping local businesses acquire more customers.

Here’s how to do it: First, learn how to run Facebook Ads. Then, advertise your services on Facebook to attract potential clients.

You can earn 5,000 naira daily on Facebook just by following this strategy.

Every new business faces initial challenges. To overcome some of these difficulties, consider offering your services to your first few clients for free.

Their success and testimonials will give you the confidence to charge for your services.

With increased confidence, you’ll be able to run Facebook ads targeting higher-paying clients and larger businesses.

4. Affiliate Marketing

Affiliate marketing is a popular way to make money online. As of 2022, the market is estimated to be worth $8.2 billion.

Facebook simplifies the process of affiliate marketing. In affiliate marketing, you sell other people’s products and earn a commission for each sale.

Various platforms in Nigeria offer access to a wide range of digital products, including ebooks and courses.

To excel in affiliate marketing, invest in a course taught by an expert. With the right approach, you can earn up to one million naira monthly.

The most popular platform for learning Affiliate marketing in Nigeria is Expertnaire. But before you can join this platform, you will have to pay a registration fee of N10k.

This fee gives you access to every product.

Some other recommended platforms for finding include Digistem, Zenithstake, Sellpass, Selar, and Stakecut.

5. Buy and Sell on Facebook Marketplace

Facebook marketplace screenshot

Introduced in 2018, the Facebook Marketplace has helped many people in Nigeria make 5,000 naira or more daily.

It’s free to use; all you need is a working Facebook account.

I had no idea how powerful the Facebook marketplace was until I wanted to sell an old electronic.

Immediately I listed this product. I got more than 100 calls asking me where I was and how much I wanted to sell. I listed this product in the morning and before evening it was sold.

If you are somebody who lacks the strength for these online businesses, then consider buying and selling on Facebook Marketplace.

You can make money by selling just about anything that doesn’t violate Facebook policies.

The best-selling items are:

  • Phones,
  • Used furniture,
  • Used electronics, and
  • Secondhand vehicles.

6. Create a Group on Facebook

Make 5000 naira daily on Facebook in nigeria

Three types of groups will give you 5,000 naira daily on Facebook:

  • Location-Specific Buy-and-Sell Groups,
  • Groups targeted at a niche,
  • Private group.

Create Location-Specific Buy-and-Sell Groups on Facebook and monetize them with verification badges.

What are Location-Specific Buy-and-Sell Groups?

Location-Specific Buy-and-Sell Groups are communities within the Facebook platform where users can buy and sell products, or services within their locality.

These groups serve as a marketplace for local residents to connect with one another for business.

Starting a buy-and-sell group on Facebook is free.

Once this group reaches 1,000 members, charge people to post. Offer a verification badge to those who pay, indicating that they are genuine members.

Most groups charge N3,000 for each member to be verified.

When I wanted to sell my electronics, the first places I visited were the groups. However, I was told to verify my profile for my post to be approved.

Groups are free to create, and growing them requires little effort.

Additionally, as an Admin of your group, you can position as an escrow service for people looking to do business.

Facebook Group verification badge

7. Offer Services to People Through Facebook

If you have skills such as graphic design or engineering, you can offer your services on Facebook to earn money.

Learn one today if you have none. With the internet, grabbing a skill is easy.

4 Tips for Offering Services on Facebook?

  • Ensure you have a good profile picture.
  • Filter your friends list to include real individuals with profile pictures as well.
  • Post about the services you offer and join relevant groups and pages to connect with potential clients.
  • Engage with people who show interest in your services and gradually build your clientele.

Avoid making the mistake of leaving your Facebook profile cold and dead. As I said, the business of Facebook is money.

With the right information and action, you can make N10k+ on Facebook every day.

8. Sell Physical Products Through E-commerce

Make 5000 naira daily on Facebook in Nigeria

E-commerce, short for “electronic commerce,” is a way of buying and selling products or services online. This business thrives on Facebook.

Instead of going to a physical store, you can shop and make purchases through websites or apps on the internet.

Nigeria’s e-commerce revenue was $6.2bn at the end of 2022, that figure became $9bn in 2023 and is forecast to reach $14 billion by 2027.

These are all large amounts of money and you can easily be a part of it.

It’s easy to start an E-commerce business.

How do you start?

Well, the best way to start anything without wasting money and time is to find somebody who is successfully doing it and learn from them.

 

With this course, your first 1 million naira per month online is guaranteed.

Other Ways You Can Make 5000 Naira on Facebook

  • Influencer marketing: This is where you build a following and maybe sell to them.
  • Social media management: Learn how to manage Facebook accounts for people who are too busy to do so themselves. This is a great way to make money on Facebook.
  • Driving traffic to your blog: You can start a blog, just like this one, and drive traffic to it with Facebook ads. If you have display ads on your blog, this will earn you some ad revenue.

    Read this article to learn how to start a successful

  • Flipping pages and groups: This is a common way to make money on Facebook. You create a group or page, and once it gets to 500 followers you flip it for cash.

While this is an unsustainable way to make money online, if you’re active you can make 5000 a day doing it.

Take Action

Are you looking for how to make 5,000 naira on Facebook in Nigeria? I think we’ve solved that problem with this article.

I’ve given you the information, now it’s up to you.

According to Toyin Omotoso, three things prevent people from succeeding online

  • Fear,
  • Procrastination, and
  • Laziness.

Success requires that you overcome these three things. Starting something new is hard, but you have to push yourself out of your comfort zone.

Learn how to run Facebook ads. This one is a must.

The other items on this list are easy if you have this skill. Affiliate marketing, E-commerce, and running Facebook ads are all viable paths to making 5,000 naira daily on Facebook in Nigeria.

Focus on one and give it your all. Like I said, starting will be hard. If you have some money, invest in the courses I recommend.

They will save you time and money.

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