Frequent question: What should I invest my money on in Nigeria?

Which investments have the best returns in Nigeria?

Here are the most lucrative investment opportunities in Nigeria:

  1. Agriculture. Nigeria’s population is estimated to be over 200 million. …
  2. Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria. …
  3. Oil and Gas. …
  4. Mining. …
  5. Manufacturing Industry. …
  6. FGN Savings Bond. …
  7. Stocks. …
  8. Fixed deposit.

What should I invest in right now in Nigeria?

So, let’s begin with looking at some investing business ideas in Nigeria both for wealthy investors and those with little capital.

Here are some ideas that are considered high yield investment in Nigeria.

  • Cryptocurrency. …
  • Gold. …
  • Stocks. …
  • Real estate. …
  • Agriculture. …
  • Livestock farming. …
  • Pure water production. …
  • Oil and gas business.

How can I double my money in Nigeria?

Below are some carefully selected ways you can double your money in Nigeria.

  1. Put your assets to work:
  2. Buy shares:
  3. Dividend re-investment:
  4. Federal Government of Nigeria (FGN) bonds:
  5. Forex trading:
  6. Cryptocurrency trading:
  7. Cryptocurrency investment platforms:
  8. Setting up a side hustle:
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What can I invest with 50000 Naira?

20 Businesses You Can Start With 50,000 Naira in Nigeria

  • Baking Business. Baking is a thriving business in Nigeria. …
  • Fast food Business. The importance of food can never be overemphasized. …
  • Plantain Chips Business. …
  • Selling Drinks and Water. …
  • Small Scale Farming. …
  • Smoked Fish Business. …
  • Soap Production. …
  • Home and Beauty Products.

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.

How can I grow my money in Nigeria?

15 Smart ways to invest your money in Nigeria (2021)

  1. Invest in real estate.
  2. High Paying Dividend (investment) Shares.
  3. Invest in online business.
  4. Mini importation business.
  5. Hire purchase investment.

Who is the best company to invest money with?

The Best Investment Firms:

  • Best for Personal Finance: Vanguard Personal Advisor Services.
  • Best for ETFs: Charles Schwab.
  • Best for Art Investments: Masterworks.
  • Best for Goal Tracking: Merrill Edge.
  • Best for IRAs: Fidelity Investments.
  • Best for Low-Cost Advising: Facet Wealth.

How can I make money in 2021 in Nigeria?

31 WAYS TO MAKE MONEY ONLINE IN NIGERIA 2021

  1. Make Money With Fiverr.
  2. Get Paid From Online Surveys.
  3. Sell Art And Crafts On Etsy.
  4. Create An Online Store With Drop Shipping.
  5. Launch And Grow A Start-Up.
  6. Start A Niche Blog For Affiliate Marketing.
  7. Start a YouTube Channel.
  8. Start A Successful Podcast.
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Which investment is the best?

12 best investments

  • High-yield savings accounts.
  • Certificates of deposit (CDs)
  • Money market funds.
  • Government bonds.
  • Corporate bonds.
  • Mutual funds.
  • Index funds.
  • Exchange-traded funds (ETFs)

How can I double my money in one hour?

The rule of 72 is a common way of estimating how long it will take to double your money. Essentially, divide 72 by your expected rate of return to estimate the time it takes to double your money.

How legit is Piggyvest?

Is Piggyvest Legit and safe? Piggyvest is a safe and legit platform for saving and investing in Nigeria. Your money and personal data are safe and secure. We use only the highest levels of Banking Security, secured by 256 bits SSL security encryption, to ensure that your information is completely protected and secure.

What can I invest in with 100k in Nigeria?

Here are 60 good businesses to start with 100k in Nigeria:

  • Cooking & delivery business. …
  • Content writer. …
  • Car wash business. …
  • Daycare services. …
  • Fairly used goods or second hand items. …
  • Laundry business. …
  • Mini importation business. …
  • Production and sales of hand sanitizers.
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