Frequent question: What type of business can I start with 200k in Nigeria?

Can 200k start a business?

As you can see, it’s obvious that car wash business is one of the lucrative business ideas that you can start in Nigeria with 200k. … In short, in the future you can expand to selling car accessories even other moveable engines and is a profitable business to start in Nigeria with little capital.

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 businesses are in high demand 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.
IT IS INTERESTING:  Best answer: What are the six metropolitan assemblies in Ghana?

What business can I start with 300k?

With that in mind, we’ve compiled a list of best business to start with 300k.

Table of Contents Hide

  • #1. Tailoring.
  • #2. Barbershop.
  • #3. Hair Salon.
  • #4. Sale of Hair Extension.
  • #5. Sale of Clothes.
  • #6. Dry Cleaning Service.
  • #7. Football Viewing Centre.
  • #8. Cyber Cafe.

23.10.2020

What do I need to start a POS business?

The services offered include withdrawals, fund transfers, bill payments and sale of recharge cards or top up to all networks without buying vouchers.

  1. Step 1: Find a host. The first step to launching your POS business is to get a host. …
  2. Step 2: Get a location. …
  3. Step 3: Acquire a POS machine. …
  4. Step 4: Advertise your business.

What business can I do with 500k?

  • Printing and Publishing. There a lot of people printing out materials every day including banners, magazines, books, newspapers and many others. …
  • The Building Block Business. …
  • Renting Service for Building Materials. …
  • Computer Service Center. …
  • Farming. …
  • Food Processing. …
  • Sports Betting. …
  • Exportation.

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.

Which business is most profitable 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)
IT IS INTERESTING:  Best answer: How many bricks are in a 1 bedroom house in Kenya?

Which business is the best in Nigeria?

Top Business Ideas in Nigeria You Should Consider

  1. Cosmetics Production Business. …
  2. Tomato Farming Business. …
  3. Gym Business. …
  4. Blogging. …
  5. Sale of Mobile Phone Accessories. …
  6. Mobile Phone Repairs. …
  7. Plantain Chips Production and Sales. …
  8. Ice block Production and Sale.

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 one do with 500k in Nigeria?

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 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.

7.01.2021

How can I make 5000 naira a day?

10 Ways to Make 5000 Naira Daily in Nigeria

  1. Freelancing. This is one of the easy ways people make money online. …
  2. Tutoring. …
  3. Barbing. …
  4. Transport services. …
  5. A beauty salon. …
  6. Owning a Gym house. …
  7. Sales. …
  8. Online marketing.

What business can one 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.
IT IS INTERESTING:  Frequent question: What is the coldest state in Nigeria?

What kind of business can I start with 50K?

Businesses you can start with 50K or less

  • Food Business: Without controversy, food is one of the basic human needs for survival, amongst others, like Shelter, Clothes. …
  • 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:
Across the Sahara