Question: What Business Can I Start With 200k In Lagos?

What business is fast growing in Nigeria?

Fastest Growing Businesses In NigeriaCatfish Farming.

A lot of people have registered success as catfish farmers.

Poultry Business.

Being one of the wealthiest farmers in the world, FU Guangming has a net worth of $1.5 billion.

Real Estate.

Haulage and outsourcing.

Food Processing.

ICT.

Daycare Centre.

Bottle/Sachet Water Production.More items….

What is the best business for beginners?

Top 20 Business Ideas for BeginnersHome 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.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 do with 1 million Naira in Nigeria?

Business I can start with 1 million naira in NigeriaOpening a small supermarket. … Opening a small restaurant. … Boutique business. … Phone and computer accessory business. … Bakery business. … Producing yoghurt and ice cream. … Poultry farming. … Fish farming.More items…•

What business can I start with 200k in Philippines?

Small Business Ideas with Small Capital in the PhilippinesBeauty Products Reselling Business. Start-up cost: PHP 5,000 to PHP 20,000. … Bicycle Shop Business. … Bills Payment Business. … Cake and Pastry Business. … Car Wash. … Cellphone Loading Business. … Delivery/Courier Services Business. … Food Cart Franchise.More items…

What is the most profitable business in Nigeria?

Oil and Gas transportation There are also fleet management opportunities. These are some opportunities in oil and gas business. There are more if you do your research. But one thing is certain, Oil and gas remains one of the most lucrative businesses in Nigeria.

What is the cheapest franchise to open?

Low-Cost/Cheap FranchisesCruise Planners. Franchise fee: $10,995. Initial investment: $2,095 to $22,867. … SuperGlass Windshield Repair.JAN-PRO.Jazzercise. Franchise fee: $1,250. Initial investment: $2,500 to $38,000. … Dream Vacations. Franchise fee: $495 to $9,800. Initial investment: $3,245 to $21,850.

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 100k in Lagos?

We will release concrete courses and tutorials on how to start with these ideas.Soap making business.Food stuff delivery service business.Affiliate marketing or direct sales business.Perfume production business.Fashion production business.Fashion retail business.Digital content creation business.More items…•

How can I invest 500k in Nigeria?

Top 10 Business Ideas to Invest 500,000 Naira OnMini Importation Business. This is certainly a good business venture you can invest 500,000 nairas in and certainly get rewarding profit. … Poultry Farming. … Pig Farming. … Fish Farming. … Goat Rearing/Farming. … Real estate business. … Laundry Business. … Fashion designing business.More items…•

What business can I do 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…•

Is Nigeria good for business?

Nigeria also tops the list for Africa’s largest economy, largely thanks to its production levels of oil and gas, which are also the highest in the continent. Over the last ten years the country has enjoyed an average GDP growth of 6.9% and is now the biggest beneficiary of Foreign Direct Investment in Africa.

How can I make extra money in Nigeria?

Making Extra Cash: 102 Side Hustles for Extra Income in NigeriaTutoring. Tutoring is the provision of instructional service to a single or a group of students. … Salesperson. Basically, a salesperson is someone who sells goods and services to others. … Auctioneer. You can make passive income from starting an auction business. … Hawking. … Telemarketing. … Delivery person. … Cab Driving. … Barbing.More items…•

What kind of business can I start with 200k in Lagos?

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 business can I start with 50k in Lagos?

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 can I start with 30k?

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 is the best business for 2020?

20+ Best Business Ideas of 2020Dropshipping. Are you looking to sell products online but don’t have the money to buy and store inventory? … Translation. … Home-based Catering. … Virtual Assistant. … Website Flipping. … Personal Shopper. … Online Tutoring. … Greeting Cards.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.