Quick Answer: What Is The Most Profitable Business In Nigeria?

How can I make money with 5000?

7 Best Ways to Invest $5,000 of Your SavingsResearch online investment firms.

Consider investing in a Roth IRA.

Invest in actively managed mutual funds.

Go for index funds.

ETFs.

Save with an online bank.

Think about certificates of deposit (CDs) or money market accounts..

What business can I do with 20k in Nigeria?

What business can you start with 20000 Naira in Nigeria?Small scale business in Nigeria is one of the most active segments in Nigerian economy. … READ ALSO: How to start quail farming business?№1 Printing recharge cards. … №2 Beans selling. … №3 Poultry farming. … №4. … №5. … № 6.More items…•

Where can I invest my money in Nigeria?

Five ways to invest money in Nigeria for beginnersNigerian Stock Exchange. The Nigerian Stock Exchange is a place to consider when searching for where to put some money. … Treasury Bills. … Fixed Deposits. … Eurobonds. … Money market funds.

How can I make 5000 naira a day?

10 Ways to Make 5000 Naira Daily in NigeriaFreelancing. This is one of the easy ways people make money online. … Tutoring. … Barbing. … Transport services. … A beauty salon. … Owning a Gym house. … Sales. … Online marketing.More items…

How can I earn daily income in Nigeria?

Below are 10 daily income businesses in Nigeria that you can start up right away.Catering Business. This business is lucrative because people would always need food. … Baking Business. … Transport Business. … Dry Cleaning Business. … Car Wash Business. … Hair Styling Business. … Freelance Writing. … Haulage Business.More items…•

What business can one do with 500k in Nigeria?

This article will guide you on some lucrative business ideas that you can start with 500k in Nigeria….POS Business. … Mini Importation Business. … Egg Supply Business. … Real Estate. … Photography. … Cooking Gas Business. … Dropshipping Business. … Dry Cleaning Business.More items…

What business can I start with 10 000 naira in Nigeria?

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…•

What is the best business to start in Nigeria?

Top Business Ideas in Nigeria You Should ConsiderCosmetics 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.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 double my money in Nigeria?

Below are some carefully selected ways you can double your money in Nigeria.Put your assets to work: … Buy shares: … Dividend re-investment: … Federal Government of Nigeria (FGN) bonds: … Forex trading: … Cryptocurrency trading: … Cryptocurrency investment platforms: … Setting up a side hustle:More items…•

What business can one start with 300k?

Best Business to Start with 300k#1. Tailoring. Provided you know how to cut and sew clothes well, you should consider tailoring as a viable choice with 300k in your pocket. … #2. Barbershop. … #3. Hair Salon. … #4. Sale of Hair Extension. … #5. Sale of Clothes. … #6. Dry Cleaning Service. … #7. Football Viewing Centre. … #8. Cyber Cafe.

What business can I do with 500000?

Top 11 businesses you can start with 500,000This article was updated on 28 September 2020.With your money, you can create a permanent grocery store where you operate from a location daily or create a grocery store for emergencies where you move from one location to another.Crop production.Poultry farming.Fish farming.More items…•

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 business can I start with 50000 naira in Nigeria?

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…•

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…