Question: What Profitable Business Can I Start In Nigeria?

What are the top 5 most profitable businesses?

The Most Profitable Business by Sector:Accounting = 18.4%Lessors of Real Estate = 17.9%Legal Services = 17.4%Management of Companies = 16%Activities Related to Real Estate = 14.9%Office of Dentists = 14.8%Offices of Real Estate Agents = 14.3%Non-Metalic Mineral and Mining = 13.2%More items…•.

What products are in high demand in Nigeria?

15 High-in-Demand Everyday Commodities in NigeriaInformation. There are many things I want to list as number one on this list but information tops them all. … LIQUID SOAP AND DETERGENTS. You would agree with me that soaps are an everyday item. … POWER BANK. … HAIR EXTENSIONS. … SHOES AND CLOTHING. … COOKING GAS. … Floor Tiles. … WATER.More items…

What should I invest in 2020 in Nigeria?

Here are the most lucrative investment opportunities in Nigeria:Agriculture. Nigeria’s population is estimated to be over 200 million. … Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria. … Oil and Gas. … Mining. … Manufacturing Industry. … FGN Savings Bond. … Stocks. … Fixed deposit.More items…

What can 1million naira buy?

Below are the top 10 cars in Nigeria that you can buy with one million naira or less:Hyundai Sonata. The Sonata is the Camry of the Hyundai brand. … Mercedes Benz C200 2000/2001. … 2003 Toyota Corolla. … 1997 – 2001 Toyota Camry. … Golf 3. … Peugeot 307 (2003) … Nissan X Trail 2004. … 2001 Toyota Sienna.More items…•

What’s the easiest business to start?

15 Easy Businesses to StartEvent Planning. … Gardening and Landscaping Services. … DJing. … Painting. … Yoga Instruction. Image (c) Hero Images / Getty Images. … Local Tour Guide. Image (c) Zero Creatives / Getty Images. … Tutoring. Tutor helping one of her students. … You Don’t Need Much Money But You Do Need… Couple running small gardening business.More items…

What is the best business for ladies?

These are the top small business ideas for women:Blogging.Affiliate Marketing.Freelance Writing.Proofreader.Bookkeeper.Social media influencer.Sell on Amazon.Life Coach.More items…•

What profitable business can I start?

Most Profitable Small BusinessesTax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. … Catering Services. … Website Design. … Business Consulting. … Courier Services. … Mobile Hairdresser Services. … Cleaning Services. … Online Tutoring.More items…•

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…

What business can I start with 5000 Naira?

Below are list of businesses you can startup in Nigeria with as low as 5000 Naira capital.Ice block business.Egg selling business.Mini importation business.Start a blog.

What are the most successful small businesses?

Here Are The 7 Most Profitable Small Businesses In 2019:Mobile Businesses. … Business-To-Business (B2B) Services. … “Sharing” Businesses. … Child-Oriented Businesses. … Real Estate Services. … Virtual Reality (VR) Businesses. … Personal Services. … Open an eCommerce Website (Or Dropshipping)More items…•

What are the highest paying self employed jobs?

Self-employed jobsGraphic designer. Average Salary: $18.23 per hour. … Photographer. Average Salary: $14.45 per hour. … Writer. Average Salary: $24.11 per hour. … Social media specialist. Average Salary: $13.92 per hour. … Makeup artist. Average Salary: $20.32 per hour. … Developer. Average Salary: $89,582 annually. … Event planner. … Hair stylist.More items…•

What business can I start in Nigeria?

Top Business Ideas in Nigeria You Should ConsiderCosmetics Production Business. … Tomato Farming Business. … Gym Business. … Blogging. … Sale of Mobile Phone Accessories. … Mobile Phone Repairs. … Plantain Chips Production and Sales. … Ice block Production and Sale.More items…

What profitable 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…

What business can I start with 1 million 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…•

Poultry Farming Poultry farming is one of the best and most lucrative business ideas in Nigeria right now. This has a lot to do with the fact that Nigerians love meat a lot especially Poultry. Just go to a party on any Saturday and you’ll see just how much poultry meat is consumed in these parties every week.

Where can I invest my money in Nigeria?

Best Investment Options in Nigeria#2 FGN Savings Bonds.#3 Treasury Bills.#5 Mutual Funds.#6 Gold.#7 Stocks.#8 Real Estates.#9 Digital Farm Crowd Funding Platforms.

What kind of business moves fast in Nigeria?

20 Successful Businesses You Can Do For Quick Profit In NigeriaSachet Water Production. An increasing number of Nigerians depend on sachet water for drinking. … Laundry/Dry Cleaning. … Poultry Farming. … Making of Fruit Juice. … Creche, Nursery and Primary School. … Rice Farming. … Plantain Chips Making. … Import Used Cloth.More items…

How can I start a business with 5000?

6 Businesses You Can Start for Under $5,000Tutoring or online courses. Tutoring and online learning can be terrific business opportunities, and quite attainable with seed money from a tax return. … Make a product and sell it online. … Open a consulting business. … Create an app or game. … Become a real estate mogul. … Virtual assistant.