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

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

Top Lucrative Business Ideas in Nigeria To Start In 2021.

  • Real Estate Business.
  • Cake and Cupcake Bakery.
  • Sales of Mobile Phone Accessories.
  • Blogging.
  • Egg Supply and Distribution.
  • Ice Block Production and Sale.
  • Car Wash Business.
  • Uberpreneur (Driver for Uber)

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.

What business can I start with 50000?

Businesses you can start with 50K or less

  • Food Business:
  • Plantain chips business:
  • Popcorn business:
  • Candle production:
  • Sales of mobile accessories:
  • Bead making and wire works:
  • Sales of perfume and other cosmetics:
  • Hair/Barbing saloon:

What business can I start with 20k in Nigeria?

Here we go.

  • Bedsheet/Beddings Production.
  • Shirt Production.
  • Sales of men’s underwear.
  • E-Payments and POS Business.
  • Mobile and electronic Accessories.
  • Popcorn Machine.
  • Sales and Customizing of Football Team.
  • Snail farming.

What are the fastest growing business in Nigeria?

Fastest Growing Businesses In Nigeria

  • Catfish Farming. A lot of people have registered success as catfish farmers.
  • Poultry Business.
  • Real Estate.
  • Haulage and outsourcing.
  • Food Processing.
  • ICT.
  • Daycare Centre.
  • Bottle/Sachet Water Production.

Which business is the most profitable business 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 is the best business to earn money?

6 days ago
Best business ideas to make money

  • Create and sell chatbots to other business owners.
  • Become an online fundraising consultant.
  • Get paid for educational blogging.
  • Use your education to teach classes online.
  • Become a green app developer.
  • Make money through social crowdfunding.
  • Write and publish your own ebooks.

What business can I start with 100000 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 business can make me a millionaire in Nigeria?

List of Business That Create Youngest Millionaires in Nigeria

  • Private School. Setting up a Private Nursery and Primary School in Nigeria don’t have to be capital intensive at the early stage.
  • Real Estate.
  • Used Books.
  • Internet Business.

What business can make you a billionaire?

See below for the full list of the top 10 industries in which billionaires made their fortunes:

  • #1 | Finance & Investments. 371 billionaires | 13% of list.
  • #2 | Technology. 365 billionaires | 13% of list.
  • #3 | Manufacturing.
  • #4 | Fashion & Retail.
  • #5 | Healthcare.
  • #6 | Food & Beverage.
  • #7 | Real Estate.
  • #8 | Diversified.

Are there any lucrative business ideas in Nigeria?

The truth is that several lucrative business ideas in Nigeria exist ranging from agricultural business ideas to real estate investment opportunities which are unarguably on the top of the list of thriving businesses considering today’s economy. Do you want to start a lucrative business with small capital?

Why are there so many small businesses in Nigeria?

There is hardly any adult In Nigeria who doesn’t own a phone. This is one of the reasons why those in the recharge card business are doing so well. You too can join the train as you begin to tap into the market. There will always be the need to make a living even after giving birth. This is one of the reasons why day care centers make good money.

Which is the best way to make big in Nigeria?

Real estate investment is capital intensive but you can go into partnership with other investors to build low and high-cost accommodation units, student hostels, hotels, shopping malls, and event center is one of the easiest way to make it big from one of man’s basic need, ‘shelter’ 4. Restaurant Business

Can you start your own business in Nigeria?

A lot of them are not well explored in Nigeria. With the 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.