Quick Answer: What Business Can I Do With 20k In Nigeria?

What kind of business can I do with 50k?

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…•.

What business can I start with 5k in Nigeria?

8 Small Businesses to Start in Nigeria with 5000 or 10,000 NairaLondon Used Cloths (OKRIKA)Pure water/bottled water business.Buying And Reselling.Noodles preparation business.Mini meat pie production.This business required #10000 naira and above if you don’t have it requirements yet. … Liquid soap production.

What kind of business can I start with 100000?

30 Lucrative Businesses You Can Start With 100,000 Naira or Less in NigeriaHair dressing/ Barbing Salon.Plantain chips production and sales.Restaurant services.Home tutor services.Tailoring/ fashion designing.Catering services.Day care services.Affiliate marketing.More items…•

What business can I start with 10k pesos?

You can also get reasonable startup packages from ice cream companies to launch your very own ice cream business at home.Food Cart Business. … Pastry Business. … Make-up Service Business. … Loading/ Padala Business. … Buy and Sell Business. … DIY Products Business. … Party Styling Business.

What business can I do from home in Nigeria?

List of 17 home business ideas (Businesses) which you can start from your house.Poultry farming.Fish farming.Pig farming.Rabbit rearing.Local garden and/or Irrigation farming.Laundry/Dry cleaning services.Car-wash services.Professional errand services.More items…•

How can I make money fast in Nigeria?

10 Awesome Ways To Make Money Online In Nigeria (2020)Publish Books Online. Okadabooks is an online website in Nigeria that makes it fast, easy and free to 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…

Which business can I start with 20k in Nigeria?

Profitable Businesses You Can Start With 10k 20k 30k 40k In NigeriaSelling 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.More items…•

How much does it cost to start a business in Nigeria?

Incorporation fees are: ₦10,000 (US$67) for a company whose nominal share capital does not exceed ₦1,000,000 (US$6,711) and ₦10,000 (US$67) for every ₦1,000,000 (US$6,711) thereafter. ₦500 (US$3.3) incorporation forms.

What is the best way to start a business in Nigeria?

How To Start A Profitable Business With Little Capital In NigeriaEvaluate yourself. Since you have made up your mind to start a business, you need to carefully evaluate yourself by asking these questions to yourself. … Find a business idea. … Conduct market research. … Feedback. … Create a business plan. … Get business funding. … Business Registration. … Build Your Team.More items…

What business can I start with 10k 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…•

How can I start a business with 5000?

6 Businesses You Can Start for Under $5,000Tutoring or online courses. Tutoring and online learning can be terrific business opportunities, and quite attainable with seed money from a tax return. … Make a product and sell it online. … Open a consulting business. … Create an app or game. … Become a real estate mogul. … Virtual assistant.

What business can I start that will make me a millionaire?

10 Businesses You Should Invest in to Become a MillionaireStart an Insurance Company. … Build a Highly Profitable Affiliate Website. … Start a Custom Academic Assignment Service. … Start a Business Consultancy Brand. … Develop a Digital Product. … Develop an Eco-Friendly Business. … Start a High-Rate Legal Service. … Launch Your Own Digital Marketing Agency.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.

What kind of business can you start with 20k?

Top Franchises Under 20kDream Vacations. If you’ve got a passion for travel, why not turn it into a lucrative business? … Mosquito Minus. Another affordable franchise for under $20K is Mosquito Minus. … Ambit Energy. … America’s Tax Office. … Java Dave’s Coffee. … ClaimTek. … Jazzercise. … Maid Simple.More items…•

How can I start a small business from home 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 CAN 5000 naira do for you?

No amount is too big an no amount is too big to start a business and you can still make profit. Here’s a list of small businesses you can start with 5000 naira: WEARS: Clothing falls under one of the three necessities of life. Thrift wears, under-wears, socks for school children, etc.

What are the most profitable business in Nigeria?

Here are the most lucrative businesses in Nigeria:Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. … Agriculture business. … Food business. … Blogging Business. … Real Estate business. … Furniture business. … Hotel business. … Transportation business.More items…