Prune, harvest, package, and distribute the fruits. Export and sell to fruit juice companies too. Honey production – Beekeeping for honey production is an easy business to start in Nigeria. Obtain beehives, harvester suits, smokers, and other implements. Establish apiary, introduce bee colonies, maintain hives, and harvest honey.
The Covid-19 pandemic affected many businesses in Nigeria but with the current economic recovery, 26.5 % of businesses in Nigeria have begun business activities since January 2021.. Although this seems like a small proportion, there are still untapped business opportunities in Nigeria you can take advantage of.
Or you can start a POS business in Nigeria from scratch. This is a very lucrative business you can make N3,000 to N10,000 Naira daily from. Some of the best POS machines in Nieria are Opay POS, GTB POS, Palmpay POS, Moniepoint POS, Baxi POS and Nomba (Kudi POS). 11. Monetize Your Skill or Interest.
Top 25 Business Ideas For Nigerian Students Without Much Capital. 1. Freelancing and Digital Services. 2. Tutoring and Educational Services. 3. E-commerce and Dropshipping. 4. Social Media Management.
The smartphone repair business is one of the thriving small-scale telecom business ideas in Nigeria, Africa and many places around the world that generates a lot of revenue for technicians and engineers across the continent. ... If you're looking for telecom business opportunities to start, these 25 mostly small-scale telecommunication ...
12. Bead making. Another trending business in the fashion industry, particularly among females is the making of beads into all types of wears and attires and also jewelry. Get trained on bead making and start earning lots of money. It is a very rewarding venture especially for university students. 13.
Additionally, collaborations, brand sponsorships, and affiliate marketing opportunities abound, making it a lucrative venture to invest in. #11. Copywriting. Copywriting is one of the most profitable internet businesses in Nigeria that you can start for as little as 100,000 naira.
26. Freelance Writing. Many Lagosians are still unaware that they can make money from the comfort of their homes simply by writing for bloggers, book publishers, and internet marketers. If you are looking for an internet-based business idea that would fetch you good money, this is one business idea to consider.
5. Transportation Services. Nigeria has a bustling transportation sector, and there are many opportunities for small business owners in this industry. The transport business is still one of the most lucrative business ideas in Nigeria. The trick is in choosing the type of vehicle to start with.
It's an excellent business opportunity that doesn't require a lot of initial investment. #13. Sale of Mobile Phone Accessories ... #25. Sports Betting Agency ... – 101 Offline and Online Small Scale Business Ideas in Nigeria; – Top 13 Small Business Startup Ideas in Nigeria for 2023; 0. 0. 0. …
Whether you are looking for a full-time self-employment venture or a small-scale business in Nigeria to serve as a side hustle, there are numerous businesses with which you cannot go wrong. The …
41. Essential Oil Extraction Business. Essential oil extraction is a long-aged standing business that lets you extract oil from plants. Interestingly, this among businesses ideas in Nigeria allows you to carry on in the comfort of your home or in any other space without minding the size of the space.
2. Soy Beans Processing Business. Commercially soya beans processing to produce milk, soy flour, soy sauce, soyabean oil, natto, etc is a very profitable agriculture business idea to start with moderate capital investment. With a proper marketing strategy, an entrepreneur can start soybean farming and make good money.
Starting a food delivery business in Lagos is bound to be profitable if planned properly. 2. Cab/car hiring business. A cab driver in Lagos on average earns NGN 12,000 every day. This business is worth giving a try by investors. Here is a stepwise guide on steps to follow to start a car rental business. 3.
7. Future Trends in Small Scale Business. Small scale businesses are essential to the Nigerian economy, contributing significantly to job creation and economic growth. As the country continues to develop, there are several future trends that small scale business owners should keep in mind. Increased Use of Technology
All you need is capital, a shop space, at least one deep freezer and then stocks such as fish, chicken, turkey, gizzard etc. 50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT. 8. …
1. Uber Business Idea In Lagos. Since Uber entered Lagos, Nigeria in 2014, it opened a business opportunity to many people. Even today, the 2021 Uber business is one of the business ideas in Lagos; you can think about it. It is a profitable business as more people prefer to be carried around the city with tax.
There are many profitable small business ideas in Nigeria. Some of the most popular ones include catering, laundry services, tailoring, security services, packaged food, tea stalls, water bottling ...
Fish farming requires a moderate capital investment and can be started on a small scale. 3. Snail Rearing. Raising snails is a good business idea to start in Nigeria because many people like to eat snails ( AKA Congo meat) in the country and other places around the world.
Events are held regularly in Ghana, and the demand for rental items is high. You can build a successful rental service business by providing quality items and reliable delivery services. Makeup Artist: Makeup artistry is a profitable small business idea, especially for individuals with skills in applying makeup.
8. Livestock Farming. The country's growing population and demand for protein-rich food make livestock farming a significant and rewarding business in Nigeria. Nigerians have a strong preference for …
The cleaning service business has a high growth potential, and you can employ more hands as your offers increase with time. ( Source) 3. Photography Business. Photography is a small business that allows you to …
There are many opportunities, as the Nigerian Bureau of Statistics shows that small businesses make up 96% of businesses and 84% of the country's employment rate. You …
We can help you write a detailed, bankable and comprehensive business plan for your business idea. Call any of our business plan consultants on 08105636015, 08076359735 and 08113205312. Or send a WhatsApp message or email us either at dayohub@gmail or info@dayoadetiloye.
Tip: By accepting a deposit for the order, you can reduce the cost of your investment. 11. Article Writing Company: In a world where outsourcing has become a norm, article writing is one of the small business ideas that will work in Nigeria. This is due to the high demand for article writing or ghostwriting services.
4. Event planning. Event planning is a great business opportunity in Nigeria. There is a high demand for event planning services, as people are increasingly looking for professional help to plan their events. This makes event planning a lucrative business, as there is a large potential customer base.
While not too many people drink fresh juice in comparison to carbonated drinks, manufacturing this product for a well defined market can make you a lot of money. See Also: 15 Lucrative Sports Business Ideas & Opportunities. 11). Ice Block Production: Poor electricity is a night mare in Africa, especially Nigeria.
The abundance of Gemstones in Nigeria makes it a lucrative business opportunity for prospective investors with deep pockets. See Also: 35+ Profitable Small Scale Manufacturing Business Ideas You Can Start Today . 11). Glass-Sand Mining: Glass-Sand, also known as Silica Sand/Quartz, is widely used in industries and factories …
Offering catering services for events and celebrations in Nigeria is highly lucrative. You can provide party foods such as coconut rice, jollof rice, semovita, ofada rice, amala, pounded yam, salad, and many other foods depending on a customer's choice. All you need in this business is excellent catering services and high levels of hygiene.
This guide provides a comprehensive overview of more than 25 financing options available to small businesses in Nigeria, such as government grants and loans, private funding programs, crowdfunding platforms, business competitions, investors, and alternative financing solutions. Whether you require ₦100,000 or ₦100 million to fund your …
61 Investment Opportunities and Examples of Small Scale Business Ideas In Nigeria. Here is my list of 61 profitable small scale businesses you can try out below: 1. Cleaning business. 2. Photography. 3. Videography (Read 5 online top sites for free videography training) 4.
Nigeria offers a diverse range of lucrative business opportunities across various sectors. It's essential that you assess your strengths, consider market trends, and leverage available resources to …
83. Cybercafe. Yes, owning a cyber café is one of the best businesses in Nigeria. There is a wide variety of services offered at cyber cafes including , online registration, photocopy, graphic designing, scanning, and typing. You can set up a cybercafé and offer services to people in need of your services.
2. Hobby Center. One small-scale business in Nigeria you can venture into is the business of operating a hobby center. You can open a hobby center where you can be offering different courses like ballet dance, music class, drama, making of crafts, etc. You need to know all these skills to be successful in this business.
The small-scale business ideas in Lagos include real estate brokerage, babysitting, freelance writing service, clearing agent, massage services, project and research writing services, and phone, and phone repair service. Business ideas in Lagos that are capital intensive include car tracking installation service, car hiring businesses …
Although it is capital-intensive, it is a highly lucrative recycling business idea in Nigeria, Africa or anywhere around the world. 6). Battery Recycling Business: As of 2022, with only one lead battery recycling plant, Nigeria recycles only 13% of …
Having said this, this article will go further to discuss some small scale business ideas and opportunities in Nigeria you can invest in today. But first, let us look at criteria you must meet before you invest in Nigeria. 1. You must be prepared to be on ground in Nigeria. I have received a lot of calls from my foreign friends and Nigerians in ...