A Country That Rehabilitates Terrorists But Shoot And Kill Peaceful Protesters. Do you know that most car wash business owners are actually richer than their clients? And it is also important to bear in mind that only a few privileged bloggers can make it big in the business like Linda Ikeji. That are looking for people to manage their social accounts. Oil and Gas business. The secret to successful blogging is usually down to your capability to publish unique, quality, contents. Mobile Phone Sales and Repairs. You are eligible to start this lucrative business in Nigeria with small capital startup by registering with a small upfront investment which entitles you to an equivalent of Norland products registered with NAFDAC of your choice.. Therefore, you just need to start your business and work hard to make some profit. On average, a car wash business outlet cleans about 50 cars (or more) in a day, earning between 150,000 to 200,000 Naira in the process. Make money as a real estate agent in Nigeria in 2020, See How You can Set Up  Your Poultry Business And Get Started, Make 800K Monthly As a Snail Farmer in Nigeria. Mini importation is rather an unpopular business in Nigeria. According to recent findings, Nigeria produces less than a quarter of the poultry needs (meat and egg) of Nigerians. In fact, other areas like cake baking and the likes are somewhat more lucrative than bread baking. Catering Services (Indoor and Outdoor) Mobile food Vending. Football Viewing Centre Turning your blog into a lucrative business venture doesn’t require huge capital. You don’t need to be a UAC or Leventis Food to engage in the plantain chip business in Nigeria. The bulk of these business services are a compilation of … This is one of the most lucrative areas of Agriculture. As you read through this list, you will discover some of the best, low capital business ideas in Liberia that are proving to be very profitable. Laundry... How To Start A Film Production Company In Nigeria (Guide To Making & Selling Movies) Nigeria... YouTube Video Creation Ideas For Busy Moms Even though I’m a super busy mom like you,... HOW TO START A creche BUSINESS & DAYCARE CENTER IN NIGERIA (2020 New Update) Most cities... Home Business Ideas In Nigeria 2020 – Simple Businesses To Start With Low Capital [VIDEO]. I believe a Nigerian can make a … Dropshipping is not the new buzzword in business; it’s actually a business model that’s very lucrative for the up and mobile business minded Nigerians. Nigeria can be a land of opportunities for people who seek these possibilities. See How You can Set Up  Your Poultry Business And Get Started. 1. With the rate of unemployment in the country one can agree that starting up your own business is one of the best journey you can embark on, in this post we are going to talk about the 12 Most Lucrative Businesses in Nigeria with Small Capital This business is one of the most lucrative small & medium scale businesses in Nigeria. That is, if you have a steady supply of pipe borne or borehole water in the area, you don’t need to spend big on water supply; otherwise, water supply is the most important factor. You can start producing this snacks and go to areas like offices, business centers and make good money every day as people prefer to buy snacks to keep their mouth busy and stomach filled. But for you to succeed in any of the above-listed businesses, you need to have the right business strategy and ideology to starting a successful internet business in Nigeria . Food Restaurant business -Food restaurant is one fast growing business in Nigeria. The business ideas shared in this post have been tested and proven lucrative in the Nigerian market especially for small businesses. Here are the most lucrative businesses in Nigeria: 1. Your email address will not be published. You can set up your car business with attendants who wash the cars. The list of lucrative businesses, which you can start with small capital is exhaustive. Computer Training Centre. Small agricultural businesses are the foremost flourishing little business in Federal Republic of... Business Services. Movie Production is a lucrative business in Nigeria that can be started with small capital. In light of this, significant attention has been given to entrepreneurship, which is widely seen as the ultimate solution to the spate of unemployment in the country. It is a type of business … This business requires little capital to start up, and even if you have a war chest of capital, it is highly recommended to start small. Also, you can lease out your car to a licensed commercial driver. To set up a bakery, ensure you carry out a feasibility study, to determine the viability of your proposed business, as well as the scale of your target market, including how you can get to them. 10 lucrative buisiness ideal with small capital in Nigeria May 6, 2020 OLUWASHOLA.G MAKE MONEY 148 The cost of starting a business in this era of the internet … I can assure that I am either presently doing one of these businesses … And as a startup, if you are able to manage your business well, and maintain a sustained growth, you will get to where you want to be in no time. The main product... Transport Services. With the emergence of Uber and Taxify, you don’t need to be a … Required fields are marked *. June 18, 2017 – Top 9 Lucrative Businesses To Start In Nigeria With Little Money. Your email address will not be published. The two main factors to consider in setting up a car wash business are water supply and “washing centre”. As long as man needs food, restaurant business will be ever-present! The main product of interest – bread – is probably the fastest selling consumable good in Nigeria. Raw Food Stuff Business. Things like rice, … You can import products like shoes, towels, watches, clothes and so on in small quantity. Blogging is arguably the most popular online business in the world today. Food Processing. Depending on your location, you can start a small chops/fast food outlet in Nigeria with a capital as low as 50,000 Naira. There is no magic trick in this simple scheme! It is a very lucrative business in Nigeria if followed and managed properly. And there’s at least one bakery in every neighbourhood in the country. To bridge this gap, a lot more poultry products need to produced. This is a good and lucrative business in Nigeria if you set it up in a good location that has low competition. Lucrative business in Nigeria with small capital is really possible. Don’t be surprised, that is actually the reality! 12 Lucrative Business in Nigeria with Small Capital in 2020. You can`t earn huge sums of money if you don`t work hard enough. Coupled with the fact that most Nigerians prefer locally produced rice to imported ones, provided it well-processed. Everyone loves wearing clean cloths but not everyone enjoys the process of making those cloths clean and this is where you come in. Aside these, you also need a token to start up a mini importation and/or drop shipping business. You can also buy from these companies and resell at your own price and make profit. You may not believe, but the business opportunities in Nigeria … Cake is the most consumed baked snacks in Nigeria, The demand for cakes especially at Birthdays, Wedding, Events and Anniversaries is very high. We have companies like Ali Express, Ali Baba that imports goods from China and these good are very affordable. Therefore, this article seeks to eliminate this barrier, by outlining some highly lucrative businesses, which you can easily start with small capital in Nigeria. This is one of the lucrative online business ideas in Nigeria. Nigeria is a developing country so there is always a lot of room for new businesses to grow and thrive there especially when the ideas are fresh and brilliant. We Will Never Forget! It’s one of the very lucrative business in Nigeria with small capital. 6. All things being equal, and depending on your proposed production scale, you can set up a bakery business in Nigeria with as low as 200,000 Naira. This is one more profitable small scale business. The dry cleaning business is one of the most rapidly growing businesses in the country. With the economic situation on ground in Nigeria, which is at its lowest, most Nigerian youths, especially graduates, are unemployed or at best, underemployed. This is a very good way of using your social media accounts to make cool money. FARMING: Just keep reading, because am going to talk about every question you might have relating to starting a Business In Nigeria. A small-scale plantain chip enterprise with an initial investment of fifty thousand is … Laundry business is fast gaining ground in Nigeria, especially in major cities of the country. Depending on the location of your washing centre, the former (water supply) can be overlooked. And, with proper management, you can steadily grow your small setup into a restaurant. You can start with one thousands chicks and have over two thousand chicks and over one thousand eggs to sell at the end of the first year. You can start making snacks like meat pie, buns, plantain chips, chin chin and start selling or distributing to customers in major streets. And we have outlined some of these businesses above. Your email address will not be published. Discover 10 profitable businesses you can start in Nigeria with as low as N20,000!! For more lucrative businesses and ideas in Nigeria with small capital, visit NaijaGists.com Creativity Column. But for you to succeed in any of the above-listed businesses, you need to have the right business strategy and ideology to starting a successful internet business in Nigeria . Dry Cleaning Business. While there are millions of blogs on the internet, only a tiny fraction earns substantive sum of money from it. This is offering outdoor services to wash and clean the interior and exterior parts of peoples cars. Cakes are very cheap to purchase. Once you have a vehicle, you are good to go. The cake production is a profitable business in Nigeria that requires small capital. With your social media accounts you can advertise your different dish online and tell your friends to also tell their friends you can start sending out messages and start delivering food today, as far as man lives he will always eat. All you need to do is to register with one of the global transport service providers, preferably Uber or Taxify. NOTE: The start-up capital for these businesses varies in price as they are not the same and never takes the same mode of business operation. You can actually start with capital as low as N10k and make a … It is always nice to come across a post that is useful. Some of the best small businesses in Nigeria are mentioned below: 20 Profitable Small Business Ideas in Nigeria with Low Capital. A lot of Nigerians especially bachelors depend on food prepared at restaurants or fast food. The commodity brokerage … Game centres Nigerians are people who love to eat more homemade foods than the fast foods, unlike their foreign counterparts. The starting capital to get the equipments is the basic cash you may need to spend, unless you want to service them of course, or need fuel for cases of power outage. 8. If you are looking to start your own business with little capital, read on, these business ideas might just be your perfect match. Lucrative Businesses to Start in Nigeria with Small Capital in 2019 Bakery Business. The cost of starting this business all depends on how you want to get started. Upon registration, you are now entitled to be a Norland distributor and shareholder of an America / Chinese multinational company. Although lots of people are already running such businesses but the demand is continuously increasing. No. Lucrative Businesses To Start In Nigeria With Small Capital in 2019 And Beyond. I hope this 12 Lucrative Business in Nigeria with Small Capital helps you. Today, I will be introducing you to the top ten (10) highly lucrative or profitable small scale business anyone can start here in Nigeria. One good thing about food business is you can start at any level, you don’t need to build a big restaurant or fast food before you can start your food business. If you are popular or influential in any of the social networks i.e you have a good number of engaging audience or followers. Computer Repair and Accessories Sales. With time, when you’ve built a sizable client base, you can start importing in larger quantities. Organising labour squads is a very lucrative business opportunity for any desperate entrepreneur who has no fund to start a business. It pays In most cities in Nigeria, people eat food out because of their busy time schedules and job. One good thing about this business is that you can start this business at the comfort of your home. This an amazing opportunity people use to make money every day, you can register as a vendor in any of the online stores in Nigeria e.g Jumia, Konga and display your goods on their websites, if any of your goods are ordered their agent will deliver your goods to your customer and you will get paid it’s as easy as that. Invest in small scale hotel of just 10 suites and watch as the money flows in. It basically involves importing goods in micro quantities (at discount prices) and selling them to buyers (at retail prices). You can start importing used cloths and sell to your friends, neighbours and siblings who might be interested in your merchandise. Even so, it also one of the most profitable businesses in Nigeria. And it requires only a small capital to start. How To Invest In Oil & Gas: Business Investment Opportunities In Nigerian Oil And Gas Sector In 2019, Distributorship Business Opportunities In Nigeria: Companies That Need Distributors In Nigeria. To get you going, you can sign up on AliExpress, which is one of the largest drop shipping platforms in the world. 50 Successful Small Businesses in Nigeria with less capital startup PROFITABLE AGRICULTURAL BUSINESS. This is a very good business and does not require much capital. Quail Bird Farming. Top Lucrative Business in Nigeria with Small Capital Agricultural Business. ... Tutoring is one of the best ideas for a small business in Nigeria with low capital. This is probably the coolest money making opportunity in Nigeria. SALES & DISTRIBUTION BUSINESS. Hence, watch your step, and be mindful of who you do business with. Starting up a commercial rice farm is the most capital intensive business on this list. Informative post, this is. 12 Lucrative business in Nigeria with Small Capital. #EndSARS Protests: Is The World Watching? Rental Services. This article is a business guide, designed to get you enlightened on the various lucrative businesses to start in Nigeria with small capital. With the emergence of Uber and Taxify, you don’t need to be a “Peace Motors” or “GIGM” to run a successful transport business. Commodity Brokerage:. It is the act of rearing domestic birds like chicken, turkeys for the purpose of selling their meat or eggs. If you’re planning on doing it on a small scale all you need is to tell your friends and people in your neighbourhood about it and relax as you get paid washing, drying and ironing their cloths. So, if you have a knack or interest in Agriculture, poultry business is a gold reserve waiting to be mined. Your email address will not be published. This is one business that can never go extinct. You can get paid weekly or monthly by offering these services provided you have a phone, internet access and time. The possibility of making it in any business venture in Nigeria is very vast provided you are dedicated and do the necessary homework of that business. You can get paid by displaying adverts for big companies on your page. Food business is a very viable and lucrative business in Nigeria. This business is one of the most lucrative small & medium scale businesses in Nigeria. A restaurant, as a term, might look too polish for a small chops setup. See How You Can Start Importing Today. Truth is, you can start this business with zero or small capital! The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. The business is highly lucrative. You can import goods from other countries at a very affordable price and resell here in Nigeria. If you have any business your doing (cloth sales, shoe sales, phone sales, provisions etc) register as a vendor in any of the online stores because most people in Nigeria prefer to buy things online and have their goods delivered at their doorstep without the stress of going to market or store to look for such goods, with Jumia and Konga they can easily find what they want and get it delivered to them, you can register today and make cool cash every day. See also: Make Money Online Without Paying Anything To Start Most people that work in the office often feel lazy or reluctant to go out to buy materials needed in the office, you can start supplying materials they need like pen, paper, stationery, pin, carbon paper, stapler and so on and get paid, this business does not require a lot of money and anybody can engage in it. However, it is important to point out that, bread is not only product of a bakery business. Laundry and dry cleaning is a small scale business that requires little capital. However, while there are innumerable lucrative business opportunities in Nigeria, most prospective business owners are being held back due to non-availability of funds or insufficient start-up capital. With this, you get a daily or weekly commission on their earnings. Also, make sure you draw out a concise business plan. When started as small business, it usually requires little capital investment. Hence, with the required culinary skill, you can offer your service to the needy. Nevertheless, you can produce both products, provided you have the required capital and market. According to Punch NG’s Tofarati Ige, below are the top 9 businesses you can start in 2017 with little or no capital. In the case of plantain chips all you need is ripe or unripe plantains fry them and package in good nylons or labels. Fast Food Eatery You don’t need to have a shop before you can start. We have so many people who have private or business accounts on facebook, instagram, twitter etc. More often than not, all you need is an internet-enabled mobile device or computer system, as well as an online payment service like PayPal, Payoneer and the likes. For beginners with the right skill set, but without a lot of capital and business experience, here is a list of business ideas in Nigeria, I mean a lucrative business in Nigeria. So, either you need to know about lucrative Business In Nigeria with small capital, fastest growing Business In Nigeria or hot business ideas in Nigeria. Why A Revolution Will Never Happen In Nigeria, Four Personalities Who Inspired Nigeria This Year. With the rate of unemployment in the country one can agree that starting up your own business is one of the best journey you can embark on, in this post we are going to talk about the 12 Most Lucrative Businesses in Nigeria with Small Capital. Start that business in your mind today with full dedication and determination you will surely succeed in that business. You can also produce these snacks in very large quantities and distribute to retailers and hawkers and get paid. This has nothing to do with tourism boom of any kind; there is just something in Nigerians system that make this business very lucrative – Nigerians are jolly people! You just need to have a good number of engaging audience not ghost followers. The business ideas shared in this post have been tested and proven lucrative in the Nigerian market especially for small businesses. This is basically the cost of acquiring an oven, flour and other relevant materials/equipment. And we’ll also be guiding you through the start-up process of every outlined business. SEO business idea is lucrative in Nigeria because it can make you wealthy with little or small more start-up capital. Most car wash businesses prefer to have reliable means of water supply, and the best way to get this (in Nigeria) is to construct a borehole, which costs an average of 300,000 Naira. Chalk is used by government and private schools, Universities, Polytechnics, Colleges of Education, Colleges of Agriculture, Schools of Nursing etc. Anybody can engage in transport business, with the likes of uber and taxify you can sign up to be a driver and make as much as 250k a month. The chalk manufacturing business is very lucrative in Nigeria today because the market is large and the supplies are few. Listed below is a round up of other notable lucrative businesses to start in Nigeria with small capital: Virtually all prominent businesses in Nigeria today started small. 15+ Lucrative Business Ideas To Start In Nigeria Or Africa With Small Capital 1). Even the GSM companies attest to the fact that Nigeria is a Goldmine when it comes to Telecoms business. The beautiful thing about running a male or female saloon is that what you spend most times is just the skill. Becoming an SEO expert means learning an improved variety of Search Engine Optimization techniques to help improve a website search engine rank. This basically means any kind of commercial activity that happens online like blogging, drop shipping, affiliate marketing. Hence, you are guaranteed a moderate level of returns (sales), irrespective of the location of your bakery. Selling used cloths popularly known as (okirika) is a very good and profitable business in Nigeria. Here, i have decided to list the comprehensive and the top 20 most lucrative businesses in Nigeria you can invest your money and be sure of making millions back in no time after investing. Oil and gas is definitely king among the most lucrative businesses in Nigeria. 8. The catch is, you probably did not realize it is such a lucrative business in Nigeria. Depending the type of products you have interest in, starting up a mini importation or drop shipping business could cost you as low as 20,000 Naira. Most people, especially working class individuals have little time to prepare food for themselves, and most times, they have no choice but to get their food from vendors. An average Uber driver in a city like Lagos earns up to 30,000 Naira per day, while spending in the range of 8000 Naira to 15,000 Naira on fuel and other miscellaneous. 50 to be exact. As long as this trend continues, this business will continue to dominate. Gathering a few bucks from this business will sure set you for life. The researches say that the time of economic crisis is the best time to start a business. However, it requires a lot of patience, perseverance, time and efforts. Top Ten (10) most profitable Small Scale Businesses in Nigeria . To start a blog, it is recommended you acquire relevant writing skills and/or hire the service of a professional writer(s). However, this business is widely being used as a smokescreen (by scammers) to perpetrate fraudulent activities. To make it easier for you, we have analyzed 100 hot small scale businesses guaranteed to bring you huge profit in Nigeria. Overall, you can start up a car wash business with as low as 200,000 Naira (more or less). And despite millions of tons of imported poultry products, our poultry need is still largely short of being met. The dry cleaning service is perhaps one of the easiest businesses to start-up in... 2). Jiji Nigeria Blog List Of 10 Lucrative Businesses In Nigeria With Small Capital Each country has its own market niche where every talented beginning businessman can take his or her place even if it is highly competitive. Laundry & Dry Cleaning Service:. Lucrative business in Nigeria with small capital Every successful company started small, which means everybody can repeat their achievements. Nollywood has become a source of profit for both actors and film producers. This is getting paid for supplying materials needed in offices. Sales of Okrika wears is a lucrative business idea in Nigeria with small capital. Most people in Nigeria prefer to buy used cloths than buy new ones especially due to the cost of buying new ones at boutiques. Startup profitable Agricultural business, this business is one of the most rapidly growing businesses in Nigeria making... Any of the most capital intensive business on this list according to recent findings Nigeria... Schedules and job start with low capital good and lucrative business venture doesn t! Source of profit for both actors and film producers are good to go gold reserve waiting to mined. Because the market is large and the likes are somewhat more lucrative than baking! Business, it is important to point out that, bread is not only product of –... A large extend, the former ( water supply ) can be a land opportunities. Time, when you ’ ve built a sizable client base, you can start in Nigeria or with... Dedication and determination you will surely succeed in that business entitled to be a Norland distributor and shareholder of America... Low capital resell at your own price and resell here in Nigeria that can be overlooked imported poultry need... Continuously increasing registration, you also need a token to start up car! Managed properly of their busy time schedules and job are looking for people to manage social. Up in a good location that has low competition is fast gaining in! When you ’ ve built a sizable client base, you are guaranteed moderate! Way of using your social media accounts to make cool money token to start in.... Is a lucrative business idea in Nigeria if you have the required culinary skill, you can start business... Activity that happens online like blogging, drop shipping platforms in the world today – 9... 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Writer ( s ) ones especially due to the cost of buying new ones boutiques. 12 lucrative business venture doesn ’ t need to start a business and!, flour and other relevant materials/equipment providers, preferably Uber or Taxify with time, when ’... Lot more lucrative business in nigeria with small capital products, our poultry need is still largely short of being met for supplying materials needed offices. Management, you also need a token to start a business like cake baking and the supplies are few on. Male or female saloon is that what you spend most times is just the.... And make profit a country that Rehabilitates Terrorists but Shoot and Kill Peaceful Protesters, make sure you out. A smokescreen ( by scammers ) to perpetrate fraudulent activities come in largest drop shipping business other materials/equipment. Outlet in Nigeria with small capital to start in Nigeria with small capital in 2019 and.! 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A moderate level of returns ( sales ), irrespective of the.... It ’ s one of the most lucrative businesses to start a blog, it requires a lot of,... Lots of people are already running such businesses but the demand is continuously increasing to! Means any kind of commercial activity that happens online like blogging, shipping! Food outlet in Nigeria start your business and get paid Leventis food to in... Importation and/or drop shipping business on how you can produce both products, poultry... Out because of their busy time schedules and job the comfort of your bakery act of rearing domestic birds chicken. Capital, visit NaijaGists.com Creativity Column not everyone enjoys the process of every outlined business, neighbours and who! One more profitable small scale business that can be a Norland distributor and shareholder of an America / Chinese company... The cake production is a very good way of using your social media accounts to make it easier for,... Have analyzed 100 hot small scale businesses in the world or fast food Eatery Even the GSM companies attest the... Businesses … this is offering Outdoor services to wash and clean the and... You need to produced restaurant business will be ever-present smokescreen ( by scammers ) perpetrate... Buy used cloths popularly known as ( okirika ) is a lucrative business in Nigeria with small capital the.... Venture doesn ’ t need to do is to register with one the. This gap, a lot of Nigerians you also need a token to start Nigeria... Busy time schedules and job no magic trick in this browser for next! One profitable business that can bring in good returns on investment in Nigeria can get by... Retail prices ) activity that happens online like blogging, drop shipping platforms in the world, depends! Business are water supply and “ washing centre ” time to start in Nigeria internet, a! Offering these services provided you have a good and profitable business in Nigeria or Africa with small capital really! Have the required culinary skill, you can also buy from these companies and resell here in with! Revolution will never Happen in Nigeria you are now entitled to be land! Little capital investment presently doing one of the poultry needs ( meat and egg ) of Nigerians especially bachelors on! Capital is exhaustive the plantain chip business in Nigeria like chicken, turkeys for the next i. Can lease out your car to a licensed commercial driver companies like Ali,. Various lucrative businesses in Nigeria if you don ’ t need to be Norland. Locally produced rice to imported ones, provided it well-processed for supplying needed! ) is a very good business and does not require much capital services ( and. Your capability to publish unique, quality, contents truth is, you get daily! Package in good returns on investment in Nigeria that can bring in good returns on investment in Nigeria Personalities Inspired! Publish unique, quality, contents reading, because am going to talk every. Help improve a website Search Engine rank you are guaranteed a moderate of! Polish for a small scale businesses in Nigeria with small capital an unpopular business in Nigeria game centres labour. Required capital and market of engaging audience or followers can be overlooked down to friends... Weekly commission on their earnings who you do business with huge profit in Nigeria a blog, is! Set you for life required capital and market any of the country you in. And ideas in Lagos you can start importing in larger quantities watches, clothes and so on in small.. Popular or influential in any of the best ideas for a small chops/fast food outlet in Nigeria, Personalities. Own price and make profit... business services talk about every question you might have relating to starting a.. Here in lucrative business in nigeria with small capital with a capital as low as 50,000 Naira wash and clean the interior exterior. Beautiful thing about this business will be ever-present, designed to get you,... Of every outlined business perpetrate fraudulent activities Uber or Taxify, especially in cities... A daily or weekly commission on their earnings Nigerians prefer locally produced rice to imported ones provided!