What Is The Most Profitable Business In Nigeria?

What is the fastest growing 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 products are in high demand in Nigeria?

Top 15 High Demand And Fast Selling Products in 2020Electronic Goods. … Fashion Items. … Cosmetic Product. … Health And Wellness Products. … Hair Wig And Extensions. … Baby Accessories. … Food And Groceries. … Phones And Accessories.More items…

What business can I start with 5000 Naira?

8 Small Businesses to Start in Nigeria with 5000 or 10,000 NairaLondon Used Cloths (OKRIKA)Pure water/bottled water business.Buying And Reselling.Noodles preparation business.Mini meat pie production.This business required #10000 naira and above if you don’t have it requirements yet. … Liquid soap production.

What business can I do with 500k in Nigeria?

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.More items…•

What is the best business to start in Nigeria?

The best business to start with little moneyLivestock farming. One of the fast business opportunities in Nigeria is livestock farming. … Exportation agricultural products. … Mining. … Private refinery business. … Uniform sewing. … A writing company. … Call center agency. … Recruitment agency.More items…•

What 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.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…

How can I make money with 200k?

Without further ado, here’s how I would invest $200,000.Invest in CDs and Money Market Accounts.Invest with an Online Bank.Invest in Bonds.Invest in Stocks.Invest in Peer-to-Peer Lending.Try Real Estate Investing with Fundrise.

What can I start 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 that will make me a millionaire?

10 Businesses You Should Invest in to Become a MillionaireStart an Insurance Company. … Build a Highly Profitable Affiliate Website. … Start a Custom Academic Assignment Service. … Start a Business Consultancy Brand. … Develop a Digital Product. … Develop an Eco-Friendly Business. … Start a High-Rate Legal Service. … Launch Your Own Digital Marketing Agency.More items…•

How can I start a business with 5000?

6 Businesses You Can Start for Under $5,000Tutoring or online courses. Tutoring and online learning can be terrific business opportunities, and quite attainable with seed money from a tax return. … Make a product and sell it online. … Open a consulting business. … Create an app or game. … Become a real estate mogul. … Virtual assistant.

What can I start with 10k?

The business ideas listed here would give you an idea of how to start something with as little as 10k.Freelance writing business. … Poultry business. … Fastfood business. … Social media marketing. … Dropshipping. … Mini importation. … Small Scale Agriculture Business. … Fish Farming.More items…•