Quick Answer: What Can I Produce To Make Money In Nigeria?

What can I do with 5000 Naira?

8 Small Businesses to Start in Nigeria with 5000 or 10,000 NairaLondon Used Cloths (OKRIKA)Pure water/bottled water business.Buying And Reselling.Noodles preparation business.Mini meat pie production.This business required #10000 naira and above if you don’t have it requirements yet.

Liquid soap production..

What businesses are in high demand?

The Most In-Demand Small Business Ideas to Consider When Starting Your BusinessSocial Media Consulting. … Senior Care Services. … Smart Product Development. … Organic Beauty Products. … Healthy Fast Food. … Healthcare Consulting. … Crowdfunding Consulting. … Wheelchair Repair.More items…

What business can I do with 50000 Naira?

Small-Scale Farming: Several small-scale farming business ideas and opportunities like grasscutter farming, snail farming, poultry farming, and more could be started with under 50,000 Naira if you’re starting from your backyard with minimal resources.

What can I produce and sell 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…

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…

How can I earn daily income in Nigeria?

Top 20 Daily Income Business in NigeriaFast Food business. You need decent customer service, managerial know-how and capital to set up an eatery and make sure that everything runs professionally. … Gaming Business. Many people love games. … Kerosene retail. … Haulage services. … Auto and machinery spare parts. … Transport business. … Tokunbo trade. … Professional Car Wash.

What are 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 much does it cost to start a POS business in Nigeria?

The cost of a new POS machine is between N85,000 and N100,000 only. Some banks like First Bank offers free POS machines but you need to meet their requirements. You will also need to collect the POS document from your account officer or the nearest branch of the bank.

Which business is more profitable in Nigeria?

Oil and Gas transportation There are also fleet management opportunities. These are some opportunities in oil and gas business. There are more if you do your research. But one thing is certain, Oil and gas remains one of the most lucrative businesses in Nigeria.

How can I invest 200k in Nigeria?

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 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 is the fastest way to make money 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…

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…•

What business can I start with 20k in Nigeria?

What business can you start with 20000 Naira in Nigeria?Small scale business in Nigeria is one of the most active segments in Nigerian economy. … READ ALSO: How to start quail farming business?№1 Printing recharge cards. … №2 Beans selling. … №3 Poultry farming. … №4. … №5. … № 6.More items…•