What Is The Most Profitable Business In Nigeria?

What kind of business can I start with 1 million Naira in Nigeria?

Business I can start with 1 million naira in NigeriaOpening a small supermarket.

Opening a small restaurant.

Boutique business.

Phone and computer accessory business.

Bakery business.

Producing yoghurt and ice cream.

Poultry farming.

Fish farming.More items…•Jan 16, 2019.

What can I invest in with 50K in Nigeria?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•May 29, 2020

What is the best business to start in Nigeria?

1 Top Lucrative Business Ideas in Nigeria To Start In 2021.1.1 1. Real Estate Business.1.2 2. Cake and Cupcake Bakery.1.3 3. Sales of Mobile Phone Accessories.1.4 4. Blogging.1.5 5. Egg Supply and Distribution.1.6 6. Ice Block Production and Sale.1.7 7. Car Wash Business.1.8 8. Uberpreneur (Driver for Uber)More items…•Dec 13, 2020

What is the fastest growing business in Nigeria?

Fastest Growing Businesses In NigeriaCatfish Farming. A lot of people have registered success as catfish farmers. … Poultry Business. Being one of the wealthiest farmers in the world, FU Guangming has a net worth of $1.5 billion. … Real Estate. … Haulage and outsourcing. … Food Processing. … ICT. … Daycare Centre. … Bottle/Sachet Water Production.More items…

How does TikTok make money?

6 Ways to Make Money on TikTok#1: Growing accounts and selling them. The first way people are making money from Tik Tok is growing accounts and then selling them. … #2: Donations. … #3: Manage influencer campaigns. … #4: Tiktok ads platform. … #5: Management services. … #6: Consulting. … (no dancing required.)

What can I invest with 5million naira?

What Business Can I Do with 5 Million Naira In Nigeria?Start a school of your own.Start an agro-chemical industry.Acquire real estate.Become a motor dealer.Establish a private broadcasting corporation.Become a major distributor for a pharmaceutical company.Look for investment opportunities.

Which state is best for business in Nigeria?

Abuja topped as the number one destination to do business in Nigeria in 2018, with a DTF score of 85.61. Nigeria’s commercial capital, Lagos, is the second best state to do business with a DTF score of 83.67 while Enugu is third on the ranking with a DFT score of 81.70.

What is the best investment in Nigeria?

Stocks. Stocks are the best investment in Nigeria for those who are able to invest a big capital. However, both individuals and companies can easily lose their money if the deal doesn’t go well. Many people lost money in the 2008 New York Stock Exchange crash.

What business can I start with 200k?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

How can I make money fast in Nigeria?

10 Awesome Ways To Make Money Online In Nigeria (2020)Publish Books Online. Okadabooks is an online website in Nigeria that makes it fast, easy and free to publish books online. … Sell Designs & Creatives Online. … List on Property Websites. … Start a Blog or a Vlog. … Sell on E-commerce Websites. … Affiliate Marketing. … Offer Professional Services Online. … Become a Virtual Tutor.More items…

How can I earn daily income in Nigeria?

Below are 10 daily income businesses in Nigeria that you can start up right away.Catering Business. This business is lucrative because people would always need food. … Baking Business. … Transport Business. … Dry Cleaning Business. … Car Wash Business. … Hair Styling Business. … Freelance Writing. … Haulage Business.More items…•Aug 19, 2020

What business can one do with 500k in Nigeria?

That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.Printing and Publishing.The Building Block Business.Renting Service for Building Materials.Computer Service Center.Farming.Food Processing.Sports Betting.Exportation.More items…•Mar 26, 2020

What business can one start with 300k?

With that in mind, we’ve compiled a list of best business to start with 300k….Table of Contents Hide#1. Tailoring.#2. Barbershop.#3. Hair Salon.#4. Sale of Hair Extension.#5. Sale of Clothes.#6. Dry Cleaning Service.#7. Football Viewing Centre.#8. Cyber Cafe.Oct 23, 2020

What business can I start with 50000?

50 businesses to start with Rs 50,000FOOD RELATED BUSINESSESBusinessSuccess FactorsSemi-cooked snacksCheaper than hotel food, ready-to-cook and convenientCut-to-size vegetablesConvenient for working couples; demand for reasonably priced products with a wide range12 more rows•Jun 14, 2000

How can I make 5000 naira a day?

10 Ways to Make 5000 Naira Daily in NigeriaFreelancing. This is one of the easy ways people make money online. … Tutoring. … Barbing. … Transport services. … A beauty salon. … Owning a Gym house. … Sales. … Online marketing.More items…

What business can make you millions?

So without further delay, here are the top 10 million dollar business ideas you can launch with low investment:E-commerce store. … Web Design Agency. … Dropshipping. … Blogging. … Chatbot development. … Drone videographer. … Create an online course. … Mobile App Developer.More items…•Jun 7, 2019

Which business can I start with 200k in Nigeria?

Businesses to Start with 200k in Nigeria#1. Daycare Services. The daycare business is one that requires trust between the service provider and the client. … #2. Hand Sanitizer Production. … #3. Phone Repairs. … #4. Interior Designing. … #5. Car Wash Services. … #6. Fumigation Business. … #7. Temporary Restaurant. … #8. Barber Shop.More items…•Feb 16, 2021