What is the cheapest business to start in Nigeria?

What are the top 10 most profitable small business in Nigeria?

List Of Top 20 Most Lucrative Business In Nigeria

  • Agriculture. This is the next revolutionary industry in Nigeria where millionaires are currently being made. …
  • Sale of Furniture. …
  • Making of Fruit Juice. …
  • Pure Water Production. …
  • Oil and Gas Business. …
  • Haulage Services. …
  • Hotel Business. …
  • Fast Food Eatery.

What business can I start with 50000 naira in Nigeria?

What Business Can I Start With 50K In Nigeria?

  • Noodle Stand. Starting a noodle stand is a business that is quite profitable in many parts of Nigeria. …
  • Soap Production. …
  • Perfume Oil Sales. …
  • Thrift Shop. …
  • Popcorn Production Business. …
  • Mini-Importation Business. …
  • Become A Used-Car Seller. …
  • Start A Printing/Branding Business.

What business can I start with 5K in Nigeria?

List Of Lucrative Businesses to Start in Nigeria with 5K or 10K

  • London Used Cloths (OKREKA) Okreka are used clothes that are being imported from other countries. …
  • Pure water/bottle water business. …
  • Buying And Reselling. …
  • Noodles preparation business. …
  • Mini meet pie production. …
  • Liquid soap production. …
  • Daycare center business.
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Which business is most profitable in Nigeria?

Here are the most lucrative businesses in Nigeria:

  1. Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. …
  2. Agriculture business. …
  3. Food business. …
  4. Blogging Business. …
  5. Real Estate business. …
  6. Furniture business. …
  7. Hotel business. …
  8. Transportation business.

What sells fast in Nigeria?

Top 15 High Demand And Fast Selling Products in 2020

  • Electronic Goods. …
  • Fashion Items. …
  • Cosmetic Product. …
  • Health And Wellness Products. …
  • Hair Wig And Extensions. …
  • Baby Accessories. …
  • Food And Groceries. …
  • Phones And Accessories.

Which business can I start with 2million naira?

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.

Which business can I start with little capital in Nigeria?

Top 10 Lucrative Business Ideas With Small Capital In Nigeria (…

  • Uberpreneur – Driving for Uber. …
  • Social Media / Influencer Marketing. …
  • Web Design and Development. …
  • Graphic Design. …
  • Freelance Content Development / Ghost Writer. …
  • Starting a Blog or Vlog. …
  • Cake and Cupcake Bakery. …
  • Small Chops Food Business.

Which 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.
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What business can 100k start in Nigeria?

Below is our pick of the top 30 offline businesses in Nigeria you can start with at least 100 thousand naira.

  • Phone Charging Business. …
  • Phone Accessories Business. …
  • Food Vendor Business. …
  • Fruit Juice Production and Sales. …
  • Food Stuff Retailing. …
  • Palm Oil Retailing. …
  • Barbeque Business. …
  • Dog Breeding.

What can I invest with 10000 Naira?

4 Ways to Invest 10,000 Naira

  • Invest in an emergency fund. An emergency fund is an amount of money that you set aside for the sake of unplanned expenses. …
  • Invest in fixed income plans. We all have different risk profiles. …
  • Invest in real estate funds. …
  • Invest in a Stock Index.

What business can 10k start in Nigeria?

Businesses You Can Start with 10k in Nigeria

  • Social Media Marketing. …
  • Dropshipping. …
  • Mini Importation. …
  • Agriculture Business. …
  • Blogging. …
  • Laundry Services. …
  • Cryptocurrency Trading. …
  • Phone Repair Business.

What are the most successful small businesses?

Most profitable small businesses

  1. Auto repair. Taking a car to the shop for even simple repairs can be a challenge. …
  2. Food trucks. …
  3. Car wash services. …
  4. Electronics repair. …
  5. IT support. …
  6. Personal trainers. …
  7. Newborn and post-pregnancy services. …
  8. Enrichment activities for children.