Economy
How to Make Money as a Writer
By Emmanuel Udom
The coming into existence of computers and the internet has indeed reduced our world to a global family. Every profession and vocation has therefore gone online.
These days, it is common to hear words like e-commerce, e-books, e-banking, e-governance e-relationship and of course, e-marriage.
This is indeed a digital age, where with a click of the mouse, you can successfully seal a business deal; get information, network for friendship, marriage etc.
Reflect deeply on what I am about to tell you here. Are you a medical doctor, business person, journalist, fashion designer, plumber, teacher, entertainer, computer expert, entrepreneur, or even a pastor or an Imam? The truth is that regardless of your profession or vocation, you and I are marketers.
The bottom line of our networking, daily hustles, bustles and runs is to market our knowledge, talent, skill, passion, products, services, or ideas. Therefore, with the internet in place, the entire world has become our marketplace. Geographical location is no longer an issue.
Let me now zero in on you, as an aspiring writer, if you are not yet one. It takes a burning passion, focus, discipline, pain and a raw, determined spirit to work towards becoming a world-class writer.
Writing is not, has never been and will never be a piece of cake, or tea party. Ask those who have attempted times without number to write an article, a book, a novel, a script, and documentary or a research paper.
Why do you want to be a writer? This is a personal question that you alone should answer, not me. There are a thousand and one reasons why people aspire to write for the public. I am sure you can list some of the reasons.
However, you as a writer must add value, benefits, information, education, and insight to your readers to remain relevant.
In this computer age, it is not about writing to impress but writing to sell. A writer is a marketer, just like the sales representatives, who go from place to place to market their products or services.
Writers are not expected to move from one locality, state or country to the other. They are expected to sit down and graft quality, promotional articles that will attract traffic (visitors) across the globe.
To graft goes beyond writing to impress. You have got to get the right words and carefully build them into powerful and attractive articles, books, scripts and documentaries.
In my e-book: How To Make Money As A Writer, I have outlined some of the steps budding writers must take to bring their dreams of becoming world-class writers to fruition.
Let me pause here and say this. If your aspiration as a writer is to make quick money overnight, I suggest you drop the idea. Like every legitimate business, it takes pains, commitment, focus, passion and determination to grow your business. Becoming a world-class writer is not exclusive here. Ideas come before money. So, your income from writing will come in trickles and grow with time and
The Basics
As a writer, you are aspiring to publish quality, attractive content for your clients and readers. Whether you want to write hard copies, or e-books, or post your articles on blogs or sites, there are some basics you must know that will help you in bringing your dream to reality.
Discipline
Nobody can achieve much in life without discipline. It has nothing to do with your profession or vocation. You must be focused, not easily distracted, organized and time-conscious to be a super writer.
Read Wide
Content writers are versatile fellows. Read everything and anything on your core, competent area.
The aim is to acquire more knowledge to write as an authority, even if you are a school drop-out or a PhD holder. This is the starting point for attracting visitors and ultimately the money.
Roadmap
It is one thing to aspire to become a writer. It is a different ball game to have a clear plan on how to move from where you are to where you want to be a world-class writer.
So, if you want to write content on fashion, engineering, journalism, business, entrepreneurship, and social media, that will sell and bring you money, you must first and foremost have a realistic and workable plan on the ground.
Challenges
You may not agree with me here. Most of the so-called challenges or problems that come to us daily are self-created.
Remember, I say most, not all. Take it or leave it, challenges are necessary for growth.
It is when you overcome challenges that you grow, not by avoiding them. People will try to discourage you when they see that you are trying to break away from the crowd.
Therefore, when n you make up your mind to become a writer, you have got to have this iron-like passion that no discouragement or run-down words from people could break. Great writers today were ones called all sorts of names by their friends, colleagues, family members etc.
Mentorship
Read the works of great writers and become inspired to be like them. But, there is a nag here. Do not at any point in time try to copy your mentor hook, line and sinker.
You must still the suggestions you receive from others to the test and see whether or not they tally with what you have in mind.
The late Dr Sunny Obaze-Ojeagbasi, the publisher of Success Digest, said: do not attempt at any point in time to copy your role model up to the point of losing your identity. He is right here.
Emmanuel Udom, a journalist and private investigator, can be reached at [email protected]
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange further appreciated by 0.23 per cent on Thursday, April 23, with the Unlisted Security Index (NSI) adding 8.99 points to close at 3,969.96 points against the previous day’s 3,968 points.
The rise in the share price of Central Securities Clearing System (CSCS) Plc by N2.86 to N69.34 per unit from N66.48 per unit raised the market capitalisation of the NASD bourse by N5.38 billion to N2.380 trillion from N2.375 trillion.
Yesterday, there were two price losers, led by Food Concepts Plc, which lost 29 Kobo to sell at N2.65 per share versus N2.94 per share, while UBN Property Plc dipped by 22 Kobo to N2.03 per unit from N2.25 per unit.
During the session, the volume of securities traded declined by 97.9 per cent to 451,522 units from 21.5 million units on Wednesday, the value of securities depreciated by 52.32 per cent to N23.6 million from N49.5 million, and the number of deals depreciated by 3.6 per cent to 27 deals from 28 deals.
At the close of business, Great Nigeria Insurance (GNI) Plc remained the most active stock by value on a year-to-date basis with 3.4 billion units valued at N8.4 billion, followed by CSCS Plc with 59.5 million units exchanged for N4.0 billion, and Okitipupa Plc with 27.8 million units traded for N1.9 billion.
GNI Plc also closed the day as the most traded stock by volume on a year-to-date basis with 3.4 billion units worth N8.4 billion, trailed by Resourcery Plc with 1.1 billion units transacted for N415.7 million, and Infrastructure Guarantee Credit Plc with 400 million units sold for N1.2 billion.
By Adedapo Adesanya
Fresh foreign exchange (forex) demand pressure saw the Naira depreciate against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, April 22, by N5.46 or 0.4 per cent to trade at N1,353.91/$1 compared with the preceding day’s value of N1,348.45/$1.
It was the same outcome for the local currency in the official market after it depreciated against the Pound Sterling by N4.13 to close at N1,825.88/£1, in contrast to the preceding session’s N1,821.75/£1, and against the Euro, it dropped 72 Kobo to finish at N1,582.72/€1 versus N1,582.00/€1.
But the Nigerian Naira appreciated against the US Dollar at the GTBank FX desk by N2 during the session to quote at N1,361/$1 compared with Wednesday’s closing price of N1,361/$1, and at the parallel market, it closed flat at N1,375/$1.
FX Pressure came as data showed that NFEM interbank turnover was N28.117 million, lower than the N66.084 million recorded the previous day.
Concerns over liquidity pressures, policy transparency, and confidence in Nigeria’s FX market continue to grip the market while the country’s foreign reserve declines further, even as the Central Bank of Nigeria (CBN) recently said that the recent decline in Nigeria’s external reserves should not be a cause for concern.
Global developments also played a significant role, as rising geopolitical tensions boosted demand for the US Dollar, further weakening emerging market currencies, including the Naira.
As for the cryptocurrency market, there was a mixed outcome as traders reacted to rising geopolitical tensions from the Iran war and fresh inflation data from Japan.
Japanese inflation ticked higher in March, stoking expectations that the Bank of Japan may soon signal rate hikes, which could strengthen the yen and unsettle global risk assets.
The Iran conflict has disrupted oil flows through the Strait of Hormuz, raising energy costs and inflation risks worldwide and potentially complicating efforts by the Federal Reserve to cut interest rates.
Ethereum (ETH) declined by 1.8 per cent to $2,316.53, Bitcoin (BTC) lost 0.6 per cent to sell at $77,935.53, Solana (SOL) fell by 0.5 per cent to $85.67, and Binance Coin (BNB) dropped 0.4 per cent to sell for $634.85.
However, Dogecoin (DOGE) appreciated by 1.4 per cent to $0.0976, Ripple (XRP) grew by 0.7 per cent to $1.43, Cardano (ADA) expanded by 0.6 per cent to $0.2493, and TRON (TRX) improved by 0.2 per cent to $0.3279, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) traded flat at $1.00 each.
By Aduragbemi Omiyale
The resilience shown by Nigerian Breweries Plc in the 2025 fiscal year, despite a volatile macroeconomic environment, which consumed several businesses, has not got without notice.
Shareholders of the brewery giant applauded the board and management for the strong recovery and improved profitability recorded in the year.
At the company’s 80th Annual General Meeting (AGM) on Wednesday, April 22, 2026, in Lagos, they attributed these achievements to disciplined cost management and a significant reduction in finance expenses.
“We are proud of how the company has withstood the ups and downs of a challenging environment. The return to profitability and the reversal of the negative cash position recorded in the previous two financial years are commendable,” a member of the Noble Shareholders Association, Mr Owolabi Opeyemi, said at the gathering.
Also, the immediate past Secretary of the Independent Shareholders Association of Nigeria (ISAN), Mr Eke Emmanuel, noted that the company’s resilience reflects strong leadership and a sound strategic direction.
“It is good news that we have been here for 80 years. There is no reason why we will not be here for the next 80 years with what we have achieved. To return to this level of profitability and cash position shows the Board has done an enormous amount of work,” he said.
Addressing investors at the AGM, the board chairman, Mrs Juliet Anammah, expressed confidence that the company is firmly on a recovery path following the net losses recorded in the past two years due to macroeconomic pressures and fiscal reforms.
She thanked shareholders for their continued support and reaffirmed that the company will build on its 2025 performance as it accelerates growth ambitions.
“We have a solid foundation built over eight decades, anchored on a strong portfolio of brands, an extensive nationwide sales and supply chain network, ongoing digital transformation, and most importantly, our people. These strengths remain critical to sustaining our leadership position,” the former chief executive of Jumia Nigeria said.
Ms Anammah also addressed the company’s dividend position, noting that the decision not to declare a dividend reflects the need to rebuild retained earnings impacted by prior macroeconomic shocks, particularly foreign exchange-related losses.
“We recognise the importance of dividend payments to our shareholders and sincerely appreciate your continued understanding. While we are not declaring a dividend at this time due to negative retained earnings, we are working diligently to restore the company’s financial position and return to dividend payments as soon as it is sustainable to do so,” she added.
She further noted that the board remains vigilant to external risks, including the Middle East crisis and broader macroeconomic challenges, which may impact the pace of improvement in the 2026 financial year.
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