What business can I start with 500 000 in Nigeria?

What business can I do with 500000 Naira?

This article will guide you on some lucrative business ideas that you can start with 500k in Nigeria.

  • POS Business. …
  • Mini Importation Business. …
  • Egg Supply Business. …
  • Real Estate. …
  • Photography. …
  • Cooking Gas Business. …
  • Dropshipping Business. …
  • Dry Cleaning Business.

21.01.2021

What businesses are in high demand in Nigeria?

Top Business Ideas in Nigeria You Should Consider

  • Cosmetics 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.

What is the fastest growing business in Nigeria?

Top 10 Fastest Growing Businesses in Nigeria Currently

  • Agriculture business. Most of the food consumed in Nigeria can be equally produced in Nigeria. …
  • Exportation business. Exportation business is a fast-growing business in Nigeria today. …
  • Private security business. …
  • Facilities maintenance business. …
  • Real estate business. …
  • Haulage business. …
  • Online business. …
  • Waste management business.
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What are the most profitable business 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)

What can I do with 2 million 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.

What business can I start with 3 million naira?

Listed below are profitable small businesses you can start with 3 – 20 Million Naira that are thriving in Nigeria today.

  • Open a Restaurant.
  • Start a Fumigation Business.
  • Tomato Farming.
  • Importation of wears.
  • Livestock farming.
  • Big Bakery.
  • Medical & Laboratory Equipment Supplies.

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.

What are the most successful small businesses?

Most Profitable Small Businesses

  • Personal Wellness. …
  • Courses in Other Hobbies. …
  • Bookkeeping and Accounting. …
  • Consulting. …
  • Graphic Design. …
  • Social Media Management. …
  • Marketing Copywriter. …
  • Virtual Assistant Services. Finally, last on our list of the most profitable small businesses: virtual assistant services.
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7.01.2021

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.

Which state is best for business in Nigeria?

Best Places to Set Up Businesses in Nigeria

  1. ABA. Aba is popularly known for its large market. …
  2. ONITSHA. Onitsha is also popular for its large market. …
  3. ABUJA. Abuja is the federal capital territory of Nigeria and it is a city built with modern amenities and facilities. …
  4. CALABAR. …
  5. ENUGU. …
  6. PORT HARCOURT. …
  7. UYO. …
  8. LAGOS.

What business can I start with 5000?

If you need a little more help brainstorming, here are six businesses you can start for under $5,000.

  • Tutoring or online courses. …
  • Make a product and sell it online. …
  • Open a consulting business. …
  • Create an app or game. …
  • Become a real estate mogul. …
  • Virtual assistant.

What should I invest in now in Nigeria?

5 Best Investment Opportunities in Nigeria 2021

  • 1.1 1. Invest in Foreign Stocks.
  • 1.2 2. Dip your Toe in Online Real Estate Investing.
  • 1.3 3. Invest in High-yield Online Savings Account.
  • 1.4 4. Invest in Agriculture investment platforms.
  • 1.5 5. Invest in Cryptocurrency.

How can I make money fast in Nigeria?

10 Awesome Ways To Make Money Online In Nigeria (2020)

  1. Publish Books Online. Okadabooks is an online website in Nigeria that makes it fast, easy and free to publish books online. …
  2. Sell Designs & Creatives Online. …
  3. List on Property Websites. …
  4. Start a Blog or a Vlog. …
  5. Sell on E-commerce Websites. …
  6. Affiliate Marketing. …
  7. Offer Professional Services Online. …
  8. Become a Virtual Tutor.
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What business can I start with 1 million in Nigeria?

Business I can start with 1 million naira in Nigeria

  • Opening 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.

16.01.2019

How can I start a pure water business in Nigeria?

Steps to start a pure water business:

  1. Business plan. …
  2. Register the business with the Corporate Affairs Commission (CAC) and NAFDAC. …
  3. A befitting place for business (factory site) …
  4. Sink a borehole and install tanks overhead. …
  5. Install distillation system for water purification. …
  6. Get a sealing machine. …
  7. Get packaging materials.
Hai Afrika!