5 ways Nigerians can earn in dollars to hedge against naira devaluation

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Whether you work in construction, real estate, fashion, or tech, here are some smart ways for you as Nigerians to earn in dollars and hedge against naira devaluation.

1. If you build or sell houses

Try making ads to get foreigners interested in buying holiday homes in Nigeria. Make it easier for them by offering flexible payment plans. This way, you can earn in dollars instead of Naira.

2. If you love fashion stuff

Open an online store, maybe on Amazon, and sell your cool fashion stuff to people in places like the US and Europe. It’s a way to make money in dollars and not worry too much about Naira going down.

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3. Tech bros, it is time to shine

If you’re good with tech stuff, check out jobs where you can work from home for foreign companies. It’s a chance to earn dollars while doing your tech thing.

4. If you’re currently job-hunting

If you don’t have a job and your visa is running out soon, think about heading to the airport. Maybe now is the perfect time to study for a master’s degree abroad. It could help your career, and you might earn in dollars too.

5. Diasporans, stay put for now

If you’re already living abroad, maybe think twice before coming back this year. Look for opportunities where you are – whether it’s more education or a better job. It might be safer than dealing with the Naira’s issues back home.

These ideas are like a safety net, helping Nigerians deal with the Naira’s ups and downs and even finding ways to earn in dollars.