Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,073 members, 7,818,205 topics. Date: Sunday, 05 May 2024 at 10:17 AM

Top 5 Businesses To Watch In Nigeria 2013 - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Top 5 Businesses To Watch In Nigeria 2013 (1561 Views)

Checkout The Top 22 Richest Men In Nigeria, 2013- Forbes List / The 21 Richest People In Nigeria 2013: The Full List / The 21 Richest People In Nigeria 2013: The Full List (2) (3) (4)

(1) (Reply)

Top 5 Businesses To Watch In Nigeria 2013 by Abujafood: 10:15am On Dec 27, 2012


The operating environment for businesses in Nigeria has been very challenging but inspite of the numerous problems including security issues, inadequate power supply among other factors there are still a few businesses that stand out for those wishing to branch out into the private sector. If you have capital and happen to be contemplating what businesses to invest in 2013, here are 5 businesses to watch.

Real Estate & Property Development

The Federal Government is making concerted efforts to protect the Abuja Master plan and there have been recent massive investments made in developing 10 new districts in Abuja. This implies that more demolitions will take place and slums will give way to more affordable housing for low income earners. Demand for home ownership and rent rates are likely to rise as more slums are demolished.

Hotel and Hospitality

A recent industry report indicates that since 2007 there has been an increase in number of business travelers to Nigeria. This has led to increased demand for temporary lodgings such as Hotels and serviced apartments. The demand for quality, affordable and well located hotels are likely to rise and more foreign direct investment is expected to be made into the economy attracting more expatriates, visitors and Nigerians from the Diaspora.

Car Dealership

Despite the massive levels of unemployment and poverty in the country, Nigeria is Africa’s largest consumer of automobiles. There are strong indications that big businesses and government will order for more cars in 2013 than they did in 2012.

PR and Entertainment

Nigerian businesses and brands realize they can promote themselves leveraging on the popularity of Nigerian celebrities. These artists and celebrities are expected to earn a lot more in 2013 than 2012 from endorsements and sponsorship deals as Nigerians look to local rather than international role models and trend setters. Many companies are expected to key in on this easy marketing tool to spread the word about their brands in Nigeria and also maximize income.

Agriculture

Over $2 billion dollars entered the Nigerian Agricultural sector in 2012 mostly in arable agriculture. Many small businesses are going to benefit from Agric loans and grants from the Federal government in addition to massive foreign investments expected in this sector this means more raw materials processing and production of agro based products.

http://www.abujafood.com/news-digest/abuja-business-advice/1065-top-5-businesses-to-watch-in-nigeria-2013.html
Re: Top 5 Businesses To Watch In Nigeria 2013 by dreamangels4u: 5:05pm On Dec 30, 2012
We are producers and suppliers of quality and beautifully packaged bedsheets and pillow cases.

We require distributors and dealers in all part of Nigeria and outside Nigeria to expand our market.

This business is very profitable and give our distributors/dealers the lowest possible price you can get for the product quality and beauty.

You can become a distributor by just ordering 20 pieces of quality and beautifully packaged bedsheets with pillow cases at the price of N1,000 per piece. That means you can start this business with N20,000 only.

Note that the market price for our products range from N2,000 to N3,000 and even more, depending on your area and marketing strategy so you are sure of 100% profit at all times.

For more info email: dreamangels4u@gmail.com

(1) (Reply)

Exporting Food Stuffs From Naija / Who Else Wants Learn How To Make Money From Nairaland(a Must Read) / Understanding Withholding Tax In Nigeria

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 17
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.