Which business is more profitable in Nigeria?

Real Estate is no doubt one of the most profitable businesses in Nigeria and the world. Real Estate is as relevant as ever because people will always need a place to stay. As the population of Nigeria continues to increase, the need for housing continues to grow. There are several opportunities to choose from!

Which business is the 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)

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 business should I start in Nigeria?

The best business to start with little money

  1. Livestock farming. One of the fast business opportunities in Nigeria is livestock farming. …
  2. Exportation agricultural products. …
  3. Mining. …
  4. Private refinery business. …
  5. Uniform sewing. …
  6. A writing company. …
  7. Call center agency. …
  8. Recruitment agency.

1.02.2021

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

What business can I do with 500000 Naira?

That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.

  • Printing and Publishing.
  • The Building Block Business.
  • Renting Service for Building Materials.
  • Computer Service Center.
  • Farming.
  • Food Processing.
  • Sports Betting.
  • Exportation.

26.03.2020

Which business can I start with 200k in Nigeria?

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 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.

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What can I sell to make money in Nigeria?

Here are 25 things you can sell to make money right from the comfort of your own home!

  • Old stuff. If you don’t use it, why shouldn’t you make a little money on it? …
  • Handmade goods. If you’re handy with arts and crafts, you can sell these through sites like Etsy. …
  • Services. …
  • Opinions. …
  • Consultations. …
  • Plasma. …
  • Sperm. …
  • Egg cells.

Which state is best for business in Nigeria?

Abuja topped as the number one destination to do business in Nigeria in 2018, with a DTF score of 85.61. Nigeria’s commercial capital, Lagos, is the second best state to do business with a DTF score of 83.67 while Enugu is third on the ranking with a DFT score of 81.70.

What business can I start with 20k?

Best Business To Start With 20k In The Philippines ( POWER 5 )

  • Freelance Writing Business. Due to the easy access to the Internet, there are a lot of income opportunities for freelancers that appear all across the Philippines. …
  • Vlogging. …
  • Small Food Cart Business. …
  • Lazada Seller. …
  • Cleaning Business.

What products are in high demand 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.

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 are the most successful small businesses 2020?

What are the most profitable small businesses?

  • Handymen or handywomen. The number of people who know how to repair things around the house is dwindling. …
  • Online education. …
  • Tutoring. …
  • Real estate agency. …
  • Child-oriented businesses. …
  • Dental offices. …
  • Gardening and landscaping. …
  • Information technology (IT) support.

10.06.2019

Which industry makes the most money?

Highest-Paying Industries

Highest Paying Industries Sort by: Wages: High to Low Wages: Low to High Industry: A to Z Industry: Z to A
Rank Industry Average Annual Wages
1 Portfolio Management $288,779
2 Investment Banking and Securities Dealing $279,480
3 Electronic Computer Manufacturing $246,419

What businesses are in demand?

The Most In-Demand Small Business Ideas to Consider When Starting Your Business

  • Social Media Consulting. …
  • Senior Care Services. …
  • Smart Product Development. …
  • Organic Beauty Products. …
  • Healthy Fast Food. …
  • Healthcare Consulting. …
  • Crowdfunding Consulting. …
  • Wheelchair Repair.
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