What is the most profitable business to start in Nigeria?

What is the most profitable business to start in Nigeria?

Here are the most lucrative businesses in Nigeria:

1. Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas.
2. Agriculture business.
3. Food business.
4. Blogging Business.
5. Real Estate business.
6. Furniture business.
7. Hotel business.
8. Transportation business.

What is the fastest growing business in Nigeria?

Fastest Growing Businesses In Nigeria

• Catfish Farming. A lot of people have registered success as catfish farmers.
• Poultry Business.
• Real Estate.
• Haulage and outsourcing.
• Food Processing.
• ICT.
• Daycare Centre.
• Bottle/Sachet Water Production.

What is the best business for first timer?

Top 20 Business Ideas for Beginners

• Home Cleaning. Home cleaning is considered as one of the easy business ideas for the beginner.
• Blogging. Blogging is part time easy to implement low investment business idea for the beginner.
• Photography.
• Tuition Class.
• Freelancer.
• Child Care services.
• Errand Services.
• Hobby Class.

How can I become a millionaire in Nigeria?

How to Be a Millionaire in Nigeria

1. Never despise small beginning.
2. Be innovative.
3. Cut on spending.
4. Investment.
5. Spend less than you earn.
6. Make money everyday.
7. Diversify.
8. Set realistic goals.

What business can I do with 2million naira?

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.

Are there any lucrative business ideas in Nigeria?

There are over 1000 business ideas in Nigeria that can make you become rich. However, we have detailed the list of businesses in Nigeria that are lucrative that you can start and succeed at it. The first step to starting a business in Nigeria is having an idea of what business to start.

Is it possible to start a small business in Nigeria?

If YES, here are 50 best small scale business ideas & investment opportunities in Nigeria. Starting a business isn’t a luxury but a necessity for anyone whose aim in life is to make good money and become a millionaire fast in Nigeria.

Which is the most profitable business in Nigeria?

Chicken meat, Turkey meat and others are very popular among Nigerians, especially during festive seasons. Poultry farming is a very profitable business anyone can start with small capital. Read more here: How to start poultry farming business in Nigeria

Is it good to start party rental business in Nigeria?

A party rental business is indeed a good way to make extra money and in the long run can turn into a lucrative, full-time business. People love to have party in Nigeria, and there are times when some party rentals might not give one what they want. You can bridge the gap by starting a party rental business.