What Business Can I Do With 50k In Nigeria?

What is a profitable business to start?

India is the second-largest producer of footwear after China.

The shoes the country manufactures can be segregated into categories like sports, formal, casual, and others.

The demand for shoelaces is high as well, and manufacturing shoelaces has become a lucrative small business idea..

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…

What business can I start with 1k?

Still Jobless? 5 Top Businesses You Can Start With As Low As Ksh 1,000Homemade strawberry Jam. This is an interesting business idea that doesn’t require a lot of capital. … Selling wall papers. … Selling Black Coffee. … Making jewelry out of bones. … Making beaded handbags and sandals.

Which business is best in lockdown?

Business Ideas after Lockdown in IndiaSelling Healthcare Products. … Doorstep Delivery Business. … Food Delivery or Tiffin Service. … Online Tuition Classes. … Becoming a YouTuber. … Paintings or Art work. … Conclusion.

What business can someone start with 20k?

20 businesses you can start with 20k according to Lagos entrepreneurBedsheet/Beddings Production. … Shirt Production. … Sales of men’s underwear. … E-Payments and POS Business. … Mobile and electronic Accessories. … Popcorn Machine. … Sales and Customizing of Football Team. … Snail farming.More items…•

What profitable business can I start with 500k in Nigeria?

That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.Printing and Publishing.The Building Block Business.Renting Service for Building Materials.Computer Service Center.Farming.Food Processing.Sports Betting.Exportation.More items…•

What can I start 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 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…•

Which is the cheapest business to start?

20 Cheap Businesses You Can Start in Your Spare TimeSales Consultant. Avon, Mary Kay, Pampered Chef, and Tupperware all enlist the help of local sales representatives to get the word out to shoppers about their products. … Lawn care. … Homemade gourmet foods. … Babysitting. … Cleaning services. … Catering. … Errands. … Handyman.More items…•

Which industry makes the most money?

Which Industry Makes The Most Money?Accounting, Tax Preparation, Bookkeeping, and Payroll Services — 18.4 percent (Net Profit Margin)Lessors of Real Estate — 17.9 percent.Legal Services — 17.4 percent.Management of Companies and Enterprises — 16.0 percent.Activities Related to Real Estate — 14.9 percent.Offices of Dentists — 14.8 percent.More items…•

What business can I start with 5000 Naira?

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 business can I start with 40k 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…•

What can I start with 10k?

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…•

Which business can I start with 200k in Nigeria?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

What are the most profitable business in Nigeria?

List Of Top 20 Most Lucrative Business In NigeriaAgriculture.Sale of Furniture.Making of Fruit Juice.Pure Water Production.Oil and Gas Business.Haulage Services.Hotel Business.Fast Food Eatery.More items…

What business can I start with 50k in Kenya?

Here are the best businesses to start with 50k in Kenya.Butchery. Kenyans love food, especially various types of meat. … Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya. … Salon/barber shop. … Hardware store. … Grocery store. … Mobile money agent. … Farming. … Milk bar.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 are the most successful small businesses 2020?

Most Profitable Small Businesses in 2020Auto Repair. Taking a car to the shop for even simple repairs can be a challenge. … Food Trucks. … Car Wash Services. … Electronics Repair. … IT Support. … Personal Trainers. … Newborn and Post-Pregnancy Services. … Enrichment Activities for Children.More items…•

What business can I start with 50k as a student?

These will be home business ideas in Nigeria, as well as business ideas in Nigeria with low capital.Tutoring. … Freelance writing. … Graphic design. … Editing business. … Dropshipping. … Recharge card business. … Selling the past question papers. … Selling used clothes.More items…•