Quick Answer: What Business Can I Do With 20k In Nigeria?

What businesses are in high demand in Nigeria?

Top Business Ideas in Nigeria You Should ConsiderCosmetics 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.More items….

What business can I do with 300k in Nigeria?

Best Business to Start with 300k#1. Tailoring. Provided you know how to cut and sew clothes well, you should consider tailoring as a viable choice with 300k in your pocket. … #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.

What business can I start with 20000 Naira?

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.More items…

Where can I invest my money in Nigeria?

Five ways to invest money in Nigeria for beginnersNigerian Stock Exchange. The Nigerian Stock Exchange is a place to consider when searching for where to put some money. … Treasury Bills. … Fixed Deposits. … Eurobonds. … Money market funds.

What is the cheapest business to open?

If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.Content creation. … Personal or virtual assistant. … Event planning services. … Errand/concierge service. … Professional reviewer. … Social media consultant. … Etsy shop. … Online courses and tutoring.More items…•

How can I make money fast in Nigeria?

In this post, we’ll be sharing some easy and legit ways to make some extra cash in your spare time.Publish Books Online. … Sell Designs & Creatives Online. … List on Property Websites. … Start a Blog or a Vlog. … Sell on E-commerce Websites. … Affiliate Marketing. … Offer Professional Services Online. … Become a Virtual Tutor.More items…

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.More items…

How can I make money with 50k?

What Should You Do With $50k? Here’s One Investor’s SuggestionBuy a Turnkey Rental Property. … Buy, Renovate, Rent, Refinance, Repeat (BRRRR) … Buy a Short-Term/Vacation Rental. … Flip a House. … Do a Live-In Flip. … House Hack. … Invest in Real Estate Indirectly.

How can I invest 500k in Nigeria?

Top 10 Business Ideas to Invest 500,000 Naira OnMini Importation Business. This is certainly a good business venture you can invest 500,000 nairas in and certainly get rewarding profit. … Poultry Farming. … Pig Farming. … Fish Farming. … Goat Rearing/Farming. … Real estate business. … Laundry Business. … Fashion designing business.More items…•

What business has the highest profit margin?

Bookkeeping and Accounting With a net profit margin of 19.8%, bookkeeping, accounting, tax preparation, and payroll services have long been some of the most profitable businesses for entrepreneurs.

What kind of business can I do with 50k?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

What business can I start with 10k in Nigeria?

BEST BUSINESS TO START WITH 10K in Nigeria 2021: The Top 20 (+free guide)1) Selling of bottled drink or bottled water: … 2) Production of Popcorn: … 3) Sales of DVD/CD. … 4) Phone Accessories: … 5) Food Business: … 6) Dry Cleaning: … 7) Recharge Card: … 8) Motivational Books:More items…•

What is the fastest business in Nigeria?

Fastest Growing Businesses In NigeriaCatfish Farming. A lot of people have registered success as catfish farmers. … Poultry Business. Being one of the wealthiest farmers in the world, FU Guangming has a net worth of $1.5 billion. … Real Estate. … Haulage and outsourcing. … Food Processing. … ICT. … Daycare Centre. … Bottle/Sachet Water Production.More items…

What should I invest 100k in Nigeria?

51 BUSINESSES TO START WITH 100K IN NIGERIAProduction and sales of hand sanitizers.Mini importation business.Daycare Services.Laundry Services.Car wash business.Computer repair.Phone repairs.Interior Décor.More items…

How can I double my money in Nigeria?

Below are some carefully selected ways you can double your money in Nigeria.Put your assets to work: … Buy shares: … Dividend re-investment: … Federal Government of Nigeria (FGN) bonds: … Forex trading: … Cryptocurrency trading: … Cryptocurrency investment platforms: … Setting up a side hustle:More items…•