What business can I start with 5million naira in Nigeria?

What Business Can I Do with 5 Million Naira In Nigeria?

• Start a school of your own.
• Start an agro-chemical industry.
• Acquire real estate.
• Become a motor dealer.
• Establish a private broadcasting corporation.
• Become a major distributor for a pharmaceutical company.
• Look for investment opportunities.

Which business is more profitable in Nigeria?

Real Estate is no doubt one of the most profitable businesses in Nigeria and the world. Real Estate is as relevant as ever because people will always need a place to stay. As the population of Nigeria continues to increase, the need for housing continues to grow.

What kind of business can I start with 3 million?

Listed below are profitable small businesses you can start with 3 – 20 Million Naira that are thriving in Nigeria today.

• Open a Restaurant.
• Start a Fumigation Business.
• Tomato Farming.
• Importation of wears.
• Livestock farming.
• Big Bakery.
• Medical & Laboratory Equipment Supplies.

What lucrative business can I start with 300k in Nigeria?

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• #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.

How to invest in Nigeria with a small amount of money?

Another way to invest in Nigeria with a small amount money is via mutual funds. With as little as N5,000 you can invest in some very viable mutual funds in Nigeria and relax to see your money grow. A mutual fund is a collective investment scheme set up by a professional money manager.

What are the best business opportunities in Nigeria with no capital?

Barbing salon is one of the best business opportunities in Nigeria that requires little capital. Barbers do make money on a daily basis. Don’t overlook this business because it profitability is very huge. Laundry or dry cleaning services are a successful business in Nigeria which does not require any huge capital.

What is the best online business to start in Nigeria?

Online business opportunities have been thriving seriously in Nigeria. There are low capital online businesses you can fit in: like Blogging, Affiliate marketing, Freelancer, Online consultant, etc. Phone repair business is a lucrative business in Nigeria.

What business can turn you to a millionaire in Nigeria?

With a capital between N20K – N100K this business could turn you to a millionaire over a period of time. HOUSE CLEANING SERVICE: Many home-owners and apartment dwellers will welcome help at “house cleaning’. Charge a flat fee for the amount of work that must be done.