Frequent question: What can of business can I do in Nigeria?

What is the most profitable business 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 type of business can someone do 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 business move fast in Nigeria?

Fastest Growing Businesses In Nigeria

  • Catfish Farming. A lot of people have registered success as catfish farmers. …
  • Poultry Business. …
  • Real Estate. …
  • Haulage and outsourcing. …
  • Food Processing. …
  • ICT. …
  • Daycare Centre. …
  • Bottle/Sachet Water Production.
IMPORTANT:  Quick Answer: How can I seek asylum in Nigeria?

What can I sell in Nigeria to make money?

15 High-in-Demand Everyday Commodities in Nigeria

  • Information. There are many things I want to list as number one on this list but information tops them all. …
  • LIQUID SOAP AND DETERGENTS. You would agree with me that soaps are an everyday item. …
  • POWER BANK. …
  • HAIR EXTENSIONS. …
  • SHOES AND CLOTHING. …
  • COOKING GAS. …
  • Floor Tiles. …
  • WATER.

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 business can I do with 20k in Nigeria?

Profitable Businesses You Can Start With 10k 20k 30k 40k In Nigeria

  • Selling of bottled drink or bottled water: …
  • Requirements : get a space in a busy area like commercial bus terminal, buy a big cooler, an umbrella, iced block, a small signboard to write buy minerals and cold water here. …
  • Popcorn Production Business.

What is the best business to 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.

What is the fastest selling product 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.
IMPORTANT:  What is the best time of year to safari in Kenya?

What business can make you a billionaire?

25 Businesses That Will Make You a Millionaire in 5 Years

  • Financial Services. …
  • Eldercare. …
  • Business Consultancy. …
  • Investment Firm. …
  • Education and Training Service. …
  • Insurtech. …
  • Cleaning Business. …
  • Healthcare Consultancy.

Which state is best for business in Nigeria?

Best Places to Set Up Businesses in Nigeria

  1. ABA. Aba is popularly known for its large market. …
  2. ONITSHA. Onitsha is also popular for its large market. …
  3. ABUJA. Abuja is the federal capital territory of Nigeria and it is a city built with modern amenities and facilities. …
  4. CALABAR. …
  5. ENUGU. …
  6. PORT HARCOURT. …
  7. UYO. …
  8. LAGOS.

What are the fastest growing business?

The 10 Fastest Growing Industries in the US

  • International Airlines in the US. 61.3%
  • Hotels & Motels in the US. 57.8%
  • Casino Hotels in the US. 57.8%
  • Movie Theaters in the US. 56.3%
  • Non-Hotel Casinos in the US. 53.3%
  • Tour Operators in the US. 52.4%
  • Domestic Airlines in the US. 50.0%
  • Travel Agencies in the US. 48.3%

What business can I start with 5K in Nigeria?

List Of Lucrative Businesses to Start in Nigeria with 5K or 10K

  • London Used Cloths (OKREKA) Okreka are used clothes that are being imported from other countries. …
  • Pure water/bottle water business. …
  • Buying And Reselling. …
  • Noodles preparation business. …
  • Mini meet pie production. …
  • Liquid soap production. …
  • Daycare center business.
African stories