Best business ideas to make money in nigeria

Not every entrepreneur starts with a specific business idea in mind. And with so many small business ideas in Nigeria today, it becomes even more complex, right? It may seem like its good business ideas or best small ideas, but they are not. The most successful small business ideas in Nigeria come from people who work for someone and they believe they can do better. Some other businesses can start as employees or trainees, and then gradually build skills and experience before hitting a business opportunity in Nigeria. With the nigera thought and nigerix, they can fulfill their own small business to make their dreams come true. I have compiled a list of niheria online businesses in Nigeria selling like wildfire, I also stated the requirements to get started and exactly how to start. Besg Hot online businesses in Nigeria. 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. The love for football in Nigeria is overwhelming, hence football viewing centres have become a lucrative business in Nigeria today.

Hot business ideas in Nigeria

There are a lot of unemployed people in Nigeria. And when I think about this, it really saddens my heart because I strongly feel that there are lots of business opportunities and untapped ideas that the average Nigerian can tap into and start making some money from, however small. 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. The demand for poultry meat is so high that a lot of dealers of poultry products resort to smuggling these items in from neighboring Republic of Benin just to meet up with demand. This ought not to be so considering that poultry farms are fairly easy to set up and could even be set up in your backyard. There are lots of products you can sell as a poultry farmer; you can package and sell frozen poultry meat, you could distribute and sell eggs or you could eve sell day-old chicks to other interested poultry farmers. Snacks making is another hot business opportunity in Nigeria. You can set up a similar business as well and supply your products to supermarkets, schools and grocery stores or get salesmen to help you sell them at roadsides and in strategic selling places for a commission. Or you could set up a metal scrap depot where people can come and sell their metal scraps to you for a token.

How to make money in Nigeria

These scraps are usually bought by importers in China and other countries for production. If you noticed, Nigerians have embraced agriculture these days like never before and livestock farming is becoming increasingly popular. Instead you should look for how to provide what everyone is lacking. So instead of going into livestock farming, consider production of livestock feed that livestock farmers would use to feed their animals. Nigerians have learnt to pay more attention to their health and eat right and at this time, nothing would sell better than natural fresh, fruit juice in a mobile cart which people can use to quench their thirst on a hot afternoon in place of soda. You could also consider making furniture for home and office use. This is why a mobile restaurant would be a great idea especially for the working class ones who barely have enough time to grab a bite before leaving their homes every morning. This is another business that is fast gaining a strong reputation in Nigeria.

1. Agribusiness

What are the best small scale business ideas in Nigeria? What is the best business to start in a harsh environment like Nigeria or Lagos for ? What are the best small business opportunities for Nigerians Investment Opportunities living in Diaspora or oversea? For quite sometime now, my email box has been filled with request from fellow Nigerian entrepreneurs asking for the fastest growing business opportunities in Nigeria which they can invest in. Before I proceed with any detailed explanation, I want to state clearly that there are untapped small scale business opportunities in every industry both in Nigeria and all over the world; you just need to dig deeper to find such niches. Now for those landing on this blog for the first time, i think it is important i introduce myself briefly. I am Ajaero Tony Martins ; an entrepreneur and investor, with a passion to share my knowledge and also learn from others. A company i control own the biggest business blog network in Nigeria and probably the fastest growing entrepreneurship blog in the world. Now from my personal experience and interaction with Nigerians both home and abroad, I came to observe that many people are interested in investing in Nigeria by setting up their own companies but fear seems to hold them back. I have met individuals who have been living and working abroad for over ten years; they have made a lot of money over there. But rather than come back to Nigeria and start a business, taking advantage of the currency exchange difference between the Naira and Dollar, Euro or Pounds; they would rather stay abroad because they are afraid of the uncertainty of doing business in Nigeria. Some even tried to invest in the stock market and they lost their money, not because the stock market is bad but because they lack the needed experience and knowledge to invest in the stock market. Well, I still invest in the stock market regardless of its ups and downs; because I have the needed technical know-how. Well, if you are one of such individuals that is scared of coming back to Nigeria to establish a company, the points below will help quell that fear.

50 Best Small Scale Business ideas in Nigeria for 2020

If you think that you are a great cook, you can start a restaurant business. Oil an gas is definitely king among the most lucrative businesses in Nigeria. Apart from Mr. Things like rice, beans, garri, amongst other things are what would be sold.

The best business to start with little money

You can start an online shop with WooCommerce, Shopify or any other platform. Iormough Utuku November 12, Reply. Nigerians love big brands like Mr. Majority of Nigerians depend on Garri, fufu and other products made from cassava. In Nigeria, the restaurant business have always been on the rise. If you know how to cook and have an opportunity to rent a nice outdoor area you can easily turn it into the catering business. You can start small and grow! Even those with cooking gas use kerosene powered stove as back up. Loves writing, researching and helping people reach their dreams.

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In this article, we will take a look at the most the most lucrative businesses in Nigeria that anyone can start with small capital or big capital. These lucrative business ideas are very profitable.

They have the capacity to make anyone successful if well handled. A lot of them are not well explored in Nigeria. With high rate of unemployment in Nigeria, a lot of people are left without jobs. Living without a means of income is suicidal. But if you are smart, you can start your own business. In no time if you know what you are doing, you will be generating your own income.

And even employing. You do not need to be very rich to start a business. The business ideas we list on this page, can be ventured into with small capital or big capital. It all depends on your capacity. There are so many good sides to starting a business in Nigeria. First, you put your destiny in your own hands. Another reason is the opportunity to grow and build a brand for. When you run your own business, you are building a brand. The more you grow, the bigger your brand. Take a look at Dangote, even after he is gone, his brand will remain.

Running your own business gives you a bigger opportunity to become rich. There is too much competition at the work place. You find a lot of who have worked for many years without promotion but no one can deny you that in your own business. You have the opportunity to impact the economy by creating jobs and providing livelihood for other Nigerians.

The joy of employing people and giving them a means to survive should be a big motivation for everyone with a good heart to venture into business. There are a lot of lucrative businesses in Nigeria for Nigerians to. But for some reason, Nigerians leave the country pursuing greener pastures without trying to tap into ideas back home.

As a result, foreigners are seeing the opportunities that we fail to see and they are taking over! The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas.

As long as this trend continues, this business will continue to dominate. Oil an gas is definitely king among the most lucrative businesses in Nigeria. Look at this way, we depend on gas or kerosene to cook. We depend on fuel to move around whether we are using cars, okada or Keke-napep. And because of poor electricity supply we depend on fuel for electricity. All the big and small companies in Nigeria depend on fuel or diesel to operate.

There is too much dependent on oil and gas. And Nigeria is blessed with abundance of it. Anyone who taps into this business will be making huge income. This is one of the most lucrative part of oil and gas business. But you will need a high budget to get into it.

Oil and gas distributors brings in refined petroleum product into the country for distribution to different sectors. With few millions of Naira, you can start a petrol station.

There are so many cars in Nigeria that you will never run out of customers. Also, a lot of people depend on petrol station to power their generators. A lot of people are so focused on Petrol that they over look cooking gas. Not long ago, I was speaking with a friend who manages a mid-size petroleum company. They are into all petroleum products. He told me they make more money from cooking gas than any other business. You can supply cooking gas to retailers or you become a retailer and refill gas for end users.

Spice it up. This business is very lucrative and it does not cost much to start. You can start small and grow! A lot of Nigerians still depend on kerosene for various reasons. Even those with cooking gas use kerosene powered stove as back up.

This business is very lucrative. More lucrative because not so many people are into it any. You can purchase tankers and get into the business of lifting petroleum products. It could be ships. Petroleum products is like any other commodity, they need to be lifted. There is also fleet management opportunities. These are some of the 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. Apart from being one of the most lucrative businesses in Nigeria, agriculture business is an evergreen business.

It never get old and never fade. As long as human exist, agriculture business will continue to strive. This makes it a very important and strategic business.

One thing that makes this business so attractive is that there are lots of loans or financing options available for agriculture entrepreneurs in Nigeria. Many business lenders give lots of preference to the agriculture sector. And as the government is continually looking to diversify from oil, their major focus is on agriculture.

More incentives will be triggered for this sector. There is huge profit and growth awaiting for anyone who ventures into Agriculture business. This one involves the rearing of Snakes for commercial purposes. Because of the risky nature and low competition, this business is very lucrative! You can read more here: How to start snake farming business. Beef meat is very popular in Nigeria. Cow milk is almost as treasured as oil in Nigeria. These factors make cattle farming one of the most lucrative businesses in Nigeria.

Read more here: How to start cattle farming business in Nigeria. Palm oil is gold. Most of the things yo use from cream to soup and many more are made from palm oil. There are many companies around the world who imports palm oil from Nigeria.

Read more here: How to start palm oil business in Nigeria. Majority of Nigerians depend on Garri, fufu and other best business ideas to make money in nigeria made from cassava.

This business is very lucrative because the products are very much in demand. Read more here: How to start cassava farming business in Nigeria. Chicken meat, Turkey meat and others are very popular among Nigerians especially during festive seasons.

Poultry farming is a very profitable business anyone can start with small capital. Read more here: How to start poultry farming business in Nigeria.

Snail farming is an untapped business in Nigeria. There is so much possibilities and potentials in this business.

You can read more here: How to start snail farming business. There are many other agriculture business ideas apart from the above listed. Do your research and go for the one that suits you, your location and budget. There is no way food business will not be among the most lucrative businesses in Nigeria. This is an evergreen business. People will always eat! No matter how hard or tough the economy is, one thing people can never do without is food. This is a business that if you run well, can make you rich.

It is also very easy to win loyal customers. As long as your food is delicious, people will always come .

Have you been searching for the hottest and lucrative business ideas in Nigeria for the year ? A major barrier to many thinking of starting their own business is makee perception that start-up costs are prohibitively high. Digital Marketing Skill Institute has put together lucrative business ideas in Nigeria with small start-up capitalas well as a rundown of some low-cost digital business businezs in Nigeria. There is no way around. This is not a marketing tactic but due to our platform, we have limited seats available for tk Training.

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There will be an opportunity to upgrade to our PAID course to learn hands-on how to practically implement what you will learn in this free training and earn a Globally Recognised Certification that allows you to work and make money from anywhere in the world with just a laptop and internet connection. SEO business idea is lucrative in Nigeria because it can make you wealthy with little or small more start-up capital. Becoming an SEO expert means learning an improved variety of Search Engine Optimization techniques to help improve a website search engine rank. There are people bfst are making quite a lot of money from their SEO businesses after going through our digital marketing training and you would be surprised to know that they all started as an SEO. To start up an SEO company is a very tough task. Starting up an SEO business is not simple. You need to be very much defined by your core requirements, you need a process niegria works. Before you start your company, you need to be defined what you want, how to businwss clients and how you want your company to grow.