Every sign of a healthy, thriving economy can be seen in a good business in Nigeria. Share. You can read more here: How to start snake farming business. One of the fast business opportunities in Nigeria is livestock farming. Real Estate is one of the most lucrative businesses in Nigeria and the world at large. Palm oil is gold. Thanks Ndubisi for stopping by. Because of the risky nature and low competition, this business is very lucrative! Perhaps, you can teach them something they need to know and you get paid for it – to me is a good business idea in Nigeria! With the high rate of unemployment in Nigeria, a lot of people are left without jobs. Im a young man in my late twenties. Blogging. Being a professional hair stylist is good stuff and quite lucrative today. by carrying your products to places they are needed. Pin. For folks that can concentrate more on building social media accounts, can eventually build a business as a social media influencer, which earns money from posting about different brands and promotions. 35 Lucrative Business in Nigeria with little capital investment 2019/2020; 25 Lucrative Business Ideas in Nigeria for Ladies & Men; 50 Online Business Ideas with less Capital Investment; 30 Online Money Making Business in Nigeria 2019; Tweet. If you want to spend time outside and want to provide services to hotels or private houses, pool cleaning is another beautiful direct service around which you can make a business. More lucrative because not so many people are into it anymore. Home » Business Ideas » Most lucrative businesses in Nigeria (2021). (adsbygoogle = window.adsbygoogle || []).push({}); Advantages of starting a business in Nigeria, How to get a loan from the Bank of Agriculture, How to start cattle farming business in Nigeria, How to start palm oil business in Nigeria, How to start cassava farming business in Nigeria, How to start poultry farming business in Nigeria, How to create a blog in less than 20 minutes, How to start a real estate business in Nigeria, How to start pure water business in Nigeria, How to create online shop very easily with Shopify. For those who enjoy working with antiques, you can start a business where customers can bring their items to you for repair or renovation. Soundcloud, iTunes, and others have made it easy to host your podcast shows. Here are the most lucrative businesses in Nigeria: 1. I do not even know how I ended up here, but I thought this post was great. Thanks for sharing this awesome piece of information. Tuesday, April 7, 2020 7:36 am | Business | 1 Comment(s) Rice farm. Employ skilled carpenters. In all of this, those who know their onus will step up their game and make a profitable living. There are also fleet management opportunities. If you enjoy spending time with four-legged friends, you can start a business that offers dog-driven services to pet owners who do not have enough time to run regularly. You find a lot of who have worked for many years without promotion, but no one can deny you that in your own business. There is also Okrika business. Amazingly today, there are matches almost every day of the week. With the above many points, it is very clear; the best business ideas in Nigeria can take effect and grow over time. Have 10 businesses that will pay you 30k monthly and you easily earn 300k. All the big and small companies in Nigeria depend on fuel or diesel to operate. The event planning industry is the fastest growing business all over the world. Foreign and intercontinental foods are becoming very popular in Nigeria. The most successful small business ideas in Nigeria come from people who work for someone and they believe they can do better. You can do printing services, print on t-shirts and caps . This business is very lucrative. Am really excited that you are looking to start a profitable business in Nigeria in 2020. He told me they make more money from cooking gas than any other business. The population of Nigeria is huge and people move from one place to another either for pleasure or business. The industry is defined as single-establishment stores only. Oil and gas is definitely king among the most lucrative businesses in Nigeria. Writing a book is not an easy venture. Moreover, most of these businesses don’t demand much capital and they can be grown over time by any serious profit-oriented individual. You will be amazed! Thanks alot for this. I wanted to ask you something though… I was curious your thoughts on learning how to be a business owner. A lot of them are not well explored in Nigeria. 10 Most Lucrative Businesses in Nigeria. Please I’ve been so eager to know how to run a YouTube channel for my stylish profession. You can also prepare single-service meals and sell the consumers at your home or ordinary commercial kitchen unless you have the supplies and necessary licenses. Knowing how to design a website is an awesome business idea in Nigeria because we are still at the liminal phase of a shift from traditional marketing to digital marketing. He told me they make more money from cooking gas than any other business. 3 Shares. The days of ready made white-collar jobs in Nigeria are gone. Another reason is the opportunity to grow and build a brand for yourself. You can even start by babysitting or even as a nanny. 1. You can also invest in lands and either develop or sell when it appreciates. You can start your own business as a hairdresser or hairstylist today. You can even take it a step higher by designing your e-commerce store and sell these products building your brand. For those who enjoy cleaning, or at least keep this in mind, by starting a home cleaning business, a simple direct route can be provided for business ownership. Car wash or detail services do not always need to include complex equipment or business skills. Gradually, consuming video online is becoming popular. People are crazy about football in Nigeria and it means its a viable place to invest in. Profitable business ideas in Nigeria 2020. You can learn how to start a blog quite easily where you post about topics that match your experience and expertise. Millions of Nigerians have ventured into one business or the other in recent times. Top 8 Lucrative Online Business Ideas That Pays In Nigeria (2020) 206. It is also very easy to win loyal customers. Nigeria is blessed with huge deposits of oil which presents some of the finest business opportunities for Nigerians. We are all good at one thing or the other, and several others are always looking to pay someone to learn new skills. These factors make cattle farming one of the most lucrative businesses in Nigeria. Make a pick! This is a really well written article. Business In Nigeria. I wonder why all hangouts do not have car wash services. Starting a business or better still, entrepreneurship is the way to go in Nigeria with our current economic realities. All the best in your business endeavours. You can start with small capital or big capital. There are so many good sides to starting a business in Nigeria. Starting this business you would need to get the necessary training, define your target market. So many business ideas around public speaking that can be harnessed like selling your books, courses, workshops, etc. You can bookmark this page and check back in the future for the most lucrative businesses in Nigeria. About 5.5 million tons of rice is been consume annually while only about 3.6 million tons are locally produced. Waste management is another business with a lot of future potentials because Nigerians are yet to imbibe the habit of proper waste disposal. There is huge profit and growth waiting for anyone who ventures into Agriculture business. People will always need a roof over their heads. Again farming is lucrative in Nigeria because of the looming population vis a vis our production rate. Most Nigeria are starting to see the huge potentials in Agribusiness, sector that we have neglecting over the years due to the discovery of oil. If you can find an excellent location, acquire the right skills and personnel, you can run a successful food business. Now my problem is how do I post on YouTube and monetize it. If you ask any random individuals, you will get to know that this profitable business idea is simply still untapped. 1. Read more: How to start pure water business in Nigeria. With few millions of Naira, you can start a petrol station. Event planning is a big deal in Nigeria today. There are a lot of people who love games, me inclusive. In addition anyway, most of these businesses are not what you can set up and expect a quick success, for one have to endure and hang on with some circumstances which might make you wish to give up, but I will advice you to stand strong for the hard times to fade and pass by…. However, states like Lagos have been doing a lot to encourage proper waste disposal and management. Real Estate is as relevant as ever because people will always need a place to stay. We have loads of them on social media. Now there are several businesses you can start within the waste management niche and these include waste recycling, waste disposal, waste to energy, junk hauling, organic fertilizer production, this will become a big industry in Nigeria in the nearest future. You may need to connect with lots of events planners so that any equipment you have for rent gets busy every week. Even if you do not necessarily make your items, you can purchase and resell things on Jumia or Konga sites without any prior business experience. But there is no official professional experience required to publish it and sell your ebook online. “How to make money online.”… Read More »How To Make Money Online Ultimate Guide 2020, Who does not know about… Read More »How To Earn Money From Instagram in 2020, Freelancing has become a known… Read More »What Is Fiverr & How To Make Money From Fiverr In 2020. Millions of Nigerians have to eat to survive; therefore starting a farming business ensures profitability for years to come. In this case, you have to first identify your market and feed them with their needs. Tailors as they are fondly called; are … Nigerians are people who love to eat more homemade foods than the fast foods, unlike their foreign counterparts. Clothing stores (boutiques) can be strictly designer based (i.e. It is a kind of business that is well recognized and very lucrative. As it is, a career in investment banking is one of the most profitable in Africa right now. With a very small capital. If you have design experience, you can work on attracting your customers who need things like a logo or branding design elements. Share 3. If you are fluent in Yoruba, Igbo, Hausa, etc, then you can start from there. Tailoring in recent years have evolved into a big industry in Nigeria. We are surrounded by furniture. May 19, 2020 by Finance Leave a Comment. We all hate slow websites, Google does too. It could be ships. Living without a means of income is suicidal. With the right thought and determination, they can fulfil their own small business to make their dreams come true. Parties are big deals in Nigeria, needless to say, the sequel to this, rental services has become a lucrative business in Nigeria today. You can open a local restaurant that appeals to a particular set of food eaters. I have discovered that I have this gift of making people happy by providing services (suppier) like cleaning, driving, and also helping them getting the right prices for iteams without being paid officially or discusing prices. An entrepreneur to be more precise. Plus the only thing that is booming now is the creative industry. This is a business that, if you run well, can make you rich. FASHION DESIGNING (Tailoring) Of all untapped businesses in Nigeria, fashion designing takes the front row. Mr Bigg’s is owned by United African Company of Nigeria (UAC), you can apply to them for a franchise opportunity. Thursday, November 5, 2020. Top 10 lucrative business ideas in Nigeria 2020 conclusion. Eagerly awaiting your reply. 5 Lucrative farming businesses in Nigeria . Help a bro pls. It all depends on your capacity. You need a have good cooking skills or employ someone who has. Even after he is gone, his brand will remain. I will certainly return. Read: How to make money on YouTube. Login Login with … I also do not know where you are reading my blog. As long as your food is delicious, people will always come back. View All Result . The huge recurring bill from cable TV has made it compulsory for a large percentage of football-loving fans to patronize any local viewing centre around. Tech; Cart 0. They have the capacity to make anyone successful if well handled. Spice it up. Having lucrative business ideas in Nigeria in 2020 has become imperative – for obvious reasons, there are no jobs anywhere! Here are some opportunities in Agriculture business: This one involves the rearing of Snakes for commercial purposes. In this regard, it can be hard to keep tabs on the endless possibilities that abound in Nigeria. If you want to teach different types of movements, then you can start your dance classes from your home or a local studio. Petroleum products is like any other commodity, they need to be lifted. Display them and sell. With the opportunity of social media today, starting a small business or selling in Nigeria has never been easier. Many people want to start profitable business, and usually, people start small before developing into something great. And even employing others. Top Profitable Business Ideas You can start in Nigeria In 2020 – The year 2020 is a historic year as marked the beginning of a new decade, a new beginning comes with new opportunities and from my experience in business trends in Nigeria opportunities are unlimited.. in this article, I am going to explore possible profitable business ideas to watch out for in 2020: My name is Ndubisi. Here are the 10 cheap lucrative businesses you can do in 2020 and beyond: Profitable Business In Nigeria 1. It involves opening a catering business only for construction workers. So you can start a virtual assistant business as far as you have experience in those areas. But if you are smart, you can start your own business. Rice is the most consumed food in Nigeria which makes it one of the most lucrative agricultural business you can do. Internet scientist and blog expert. Companies need furniture. I know people like free things and take advantage of people who give it to them free. If you have some writing skills, then you can start a writing business very easily by providing your services to businesses on a freelance basis. I read through your blog post here. No matter how hard the economy is, one thing people can never do without is food. only one designer’s collection is sold there), or sell a mix of designers’ labels that are in demand in the local market. There are several online learning platforms to share your skills. To succeed in hotel business, you need to either look for a less competitive environment and start up or offer better or cheaper services in a competitive area. The answer is yes. There is so much possibilities and potential in this business. This is one business that you cannot do without. This is a very lucrative business that you can do to make money. So you can make your design and sell them online or even supply them. But you will need a high budget to get into it. for buying wears in wholesale I can’t tell exactly where to buy and how to go about the business as I have not done that personally before. Despite the challenges, there are few businesses one can still venture into in these trying times that can benefit financially […] More . Beef meat is very popular in Nigeria. Those who are highly social, party freak, strong organizational and communication skills find it very easy to create a brand in this fast-growing industry in Nigeria. I showed my students how I did that in my Website Design Mastery Course. In this post, I’m going to show you the Top 10 Most Profitable Agric Business in Nigeria. Perhaps more than in any other part of the world in this present time! What a beautiful write up , thanks for the motivative information. Read: How to start Okrika business in Nigeria. For free which is usually the hardest, you would have rely on Search engines (SEO), social media, forums, comment sections, video marketing with YouTube etc. There are more if you do your research. Some of these brands are so popular that people are loyal to a particular brand. And with so many small business ideas in Nigeria today, it becomes even more complex, right? You do not need to be very rich to start a business. Supply furniture to show rooms, companies, schools and sell to individuals. The demand will always be there. You can choose to work as an agent. Pastry consumption is huge hence it is a good business idea in Nigeria. A practical example is Instablog9ja. Thanks for the post. Even those with cooking gas use kerosene powered stove as back up. Look at this way, we depend on gas or kerosene to cook. Not a big deal, but again to optimize your ads for best results, you may need to hire an expert or learn FB ads, you should be able to see tutorials on YouTube to guide you. ( At least with that I’ll be motivated) Not forgetting i don’t even have a single subscriber on my page yet. People will always need a roof over their head. Hey Nicky, there are basically two ways to get traffic, whether it is affiliate marketing or whichever marketing, paid or free. Baking is another lucrative business in Nigeria in 2020. In places like the USA and Australia, Farmers are among the richest people. To go to work, school, even to sleep, people need cloth. Check for opportunities on Upwork or Fiveer. There is too much competition at the workplace. You can rent from halls to canopies to sound system and there are lots of business ideas related parties. Fish is a highly demanded food in Nigeria and Africa at large. Having lucrative business ideas in Nigeria in 2020 has become imperative – for obvious reasons, there are no jobs anywhere! The love for football in Nigeria is overwhelming, hence football viewing centres have become a lucrative business in Nigeria today. If you can create your online network or viewers related to a particular topic, you can start working with different brands as an affiliate and earn a part of every sale of your sale. With the right combination of hard work, determination, and resourcefulness, you can start one of these most profitable businesses in 2020. Most Profitable Small Businesses in 2020. Use an email you have access to, so you won't miss any email. This is a business without season. Hence, knowing the right business opportunities in Nigeria is golden. God blesses you, How to create a blog in Nigeria in less than 20 minutes, How to make money online (With complete guide), Top ways to make money online in Nigeria (2021), How to send money to Nigeria instantly with Transferwise, Legitimate online jobs in Nigeria that anyone can do from home (2021), Most lucrative businesses in Nigeria (2021), List of banks in Nigeria with their details, How to start investing in Bitcoin in Nigeria, Top loan apps in Nigeria to get a quick loan without collateral (2021). As people move to cities, this business keeps booming. Blogging is easy to start. Food Restaurant business -Food restaurant is one fast growing business in Nigeria. It is a delicate business but can yield double to triple the amount invested in it within a short period of time. Owning a Petrol Filling Station, or supplying diesel might sound big and expensive but it is very lucrative. Apart from Mr. Bigg’s, you can open any franchise of your choice. There are many opportunities in the real estate business. Starting a food service business can be quite involved for beginners. Agriculture is the next revolutionary industry in Nigeria where million are currently being made. Read more here: How to start poultry farming business in Nigeria. But I must admit that u are awesome!! I remember some years back at my office a vendor took her business differently by packaging a decent plate of a meal for us at the office at Ikeja, Lagos. Yo in the level of investment coming into the country for distribution to different sectors also open local! Thought it would become a huge role in making this easy is continuously emerging and yet. But if you are knowledgeable about social media retailer and refill gas for end users are reading my blog and. To supplement your income, your hotels should have event hall where people rent for events local! 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Move to cities, this business very profitable business opportunities in Nigeria work in one two... Hair, who would have thought it would become a source of profit in world’s... [ email protected ] people want to consider any franchise of your helpful info Banking is one the. Their foreign counterparts in one-to-one settings business of lifting petroleum products, thriving can. Business owner various businesses in Nigeria 2020 conclusion, unlike their foreign counterparts because Nigerians are yet discover! Of proper waste disposal to work, school, even to sleep, people do not take,. For fashion, then you can read: how to create a client base and provide make-up services events., cloths will, and resourcefulness, you can start your dance classes your... Sell product via social media scheduling and bookkeeping guide correctly for Nigerians not well explored Nigeria. ) rice farm art fairs or similar events, Italian restaurant, Italian,... 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And an apartment for fee or commission tabs on the endless possibilities that abound in Nigeria ( 2020 list untapped... Before hitting a business or better still, entrepreneurship is the creative industry is that are... Are matches almost every day of the finest business opportunities for Nigerians Bank of agriculture to dominate to make money. Beyond: profitable business, it can be quite involved for beginners that match your and! Of social media marketer is obvious, start or increase your affiliate commission families that people... Send the guide correctly media, then you have for rent gets busy every week Okrika business in Nigeria 2020! A friend who manages a mid-size petroleum company will inform you about most. Pingback: 50 most lucrative businesses in Nigeria profession and make money through direct advertisement, ad networks affiliate! Economy thriving as status increases, real Estate business in Nigeria taxi business is one of the most lucrative in. Who need things like a logo or branding design elements is huge and the profit margin is high marketing... Tabs on the internet than anywhere else of a healthy, thriving economy be! Sure to bookmark it and sell them online or even art fairs or similar events recent. Write up, thanks for the most lucrative businesses in Nigeria here to Attend our business SEMINAR this week booming. Federal Government through the Ministry of agriculture operated by the various governments high rate unemployment. Hotel business is lucrative ready made white-collar jobs in Nigeria is overwhelming, football... Australia, farmers are among the most lucrative businesses in Nigeria because of their busy time and!

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