Question: What business can I start with 1million naira in Nigeria?

What kind of business can I start with 2million naira in Nigeria?

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.

What are the most successful small businesses 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 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.

What business can I start with 500000 in Nigeria?

Business you can start with 500k

  • Bakery: you can set up a standard bakery business with a minimum of 500k Nairas. …
  • Production of bricks: This is another industry to invest in with 500k naira or as much as 1M, you can start a brick production company in Nigeria.
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What business can make me a millionaire in Nigeria?

List of Business That Create Youngest Millionaires in Nigeria

  • Private School. Setting up a Private Nursery and Primary School in Nigeria don’t have to be capital intensive at the early stage. …
  • Real Estate. …
  • Used Books. …
  • Internet Business.

What business can I do with 300k in Nigeria?

Table of Contents Hide

  • #1. Tailoring.
  • #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 is the best profitable business in Nigeria?

Top Lucrative Business Ideas in Nigeria To Start In 2021.

  • Real Estate Business. …
  • Cake and Cupcake Bakery. …
  • Sales of Mobile Phone Accessories. …
  • Blogging. …
  • Egg Supply and Distribution. …
  • Ice Block Production and Sale. …
  • Car Wash Business. …
  • Uberpreneur (Driver for Uber)

How can I invest 500000 in Nigeria?

Top 10 Business Ideas to Invest 500,000 Naira On

  1. Mini Importation Business. This is certainly a good business venture you can invest 500,000 nairas in and certainly get rewarding profit. …
  2. Poultry Farming. …
  3. Pig Farming. …
  4. Fish Farming. …
  5. Goat Rearing/Farming. …
  6. Real estate business. …
  7. Laundry Business. …
  8. Fashion designing business.

What sells fast in Nigeria?

List of The Fastest-Selling Products in Nigeria.

  • Health and Wellness.
  • Cosmetic Products.
  • Hair Wig and Extension.
  • Jewelry.
  • Computer and Accessories:
  • Phone and Accessories.
  • Camera and Safety Products.
  • Kitchen Utensils.