Quick Answer: What business can I start with 1m in Nigeria?

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 I start with 1k in Nigeria?

In this article, you will find out about 20 small scale business with high profit potential which you can start up with just 1000 Naira.

  • Freelance writing. …
  • Affiliate Marketing. …
  • Tutoring. …
  • Event Planning. …
  • Mobile Application Developer. …
  • Website Developer. …
  • Translator. …
  • Event Hosting.

What can I do with 3 million naira?

Listed below are profitable small businesses you can start with 3 – 20 Million Naira that are thriving in Nigeria today.

  • Open a Restaurant.
  • Start a Fumigation Business.
  • Tomato Farming.
  • Importation of wears.
  • Livestock farming.
  • Big Bakery.
  • Medical & Laboratory Equipment Supplies.

What business can I start with 1m?

This article will explore several businesses that can be started with one million naira.

  • 1) Operating a restaurant. …
  • 2) Poultry farming. …
  • 3) Fitness centers and gymnasium. …
  • 4) Bridal shop. …
  • 5) Frozen foods. …
  • 6) Boutique/thrift shop business. …
  • 7) Bakery/Bakeshop. …
  • 8) Importation.
IT\'S FUNNING:  How do you transition back to an employee after being an entrepreneur?

What business can I invest 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 are the most successful small businesses?

Most profitable small businesses

  1. Auto repair. Taking a car to the shop for even simple repairs can be a challenge. …
  2. Food trucks. …
  3. Car wash services. …
  4. Electronics repair. …
  5. IT support. …
  6. Personal trainers. …
  7. Newborn and post-pregnancy services. …
  8. Enrichment activities for children.

What can I sell to make money in Nigeria?

Top Business Ideas in Nigeria You Should Consider

  • Cosmetics 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.

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.

What business can I do with 4 million naira?

Companies require that you pay a certain sum of money for the products you’ll be distributing before you can become a major distributor. No matter what the requirement might be, you’ll be able to meet up with the sum of N5,000,000 you’re planning to invest with.

IT\'S FUNNING:  What is needed to start a business in India?

What business is profitable 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 business can I start with 1000000?

Business I can start with 1 million naira in Nigeria

  • Opening a small supermarket. …
  • Opening a small restaurant. …
  • Boutique business. …
  • Phone and computer accessory business. …
  • Bakery business. …
  • Producing yoghurt and ice cream. …
  • Poultry farming. …
  • Fish farming.

How can I make million in Nigeria?

Top 10 Small Business Ideas That Make The Most Millions In Nigeria (2019)

  1. Agribusiness. …
  2. Web Design Agencies. …
  3. Education. …
  4. Retail Stores. …
  5. Digital Advertising Agency. …
  6. Mobile App Development Agencies. …
  7. Mobile Phones. …
  8. Real Estate.

What business can I start with little capital?

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.

What is the best business to earn money?

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.
IT\'S FUNNING:  Question: What do you mean by entrepreneurship in management?