1. Palm oil storage business: storing palm oil during peak season and reselling during off-peak
season is a great business that can fetch you alot of Money depending on the amount of capital you
have. This is an aspect of business I love so much;
in fact I’ve been doing this business for the past
eight years. I know a lot about this business because that is the business of my mother. The
business is very lucrative as you can have up to
100% and above profit. The most important thing
about this business is getting the right information
on where to buy, when to buy, how to store and
when to resell. There are two seasons for palm oil, first between February and April, this period is
known as peak season, and the price of palm
always drop drastically which gives room for smart
entrepreneur to maximize the opportunity. The
second season is between October and December
which is always characterize by scarcity and rising price of palm oil, during this period one can resell
the stored palm oil and make a profit that can be as
high as 100% or even 200%. There is technique
that can be used to make more profit from this
business. The technique is very simple and this is
the technique: immediate after the peak season around July the price will go up and you can sell
and make a profit of around 50-60%. The price will
go down around September when most farmers
will be selling their stored palm oil to cater for the
school fees of their children starting new academic
session. So as a smart entrepreneur, you can use the money again to buy at a cheaper price and sell
all a high price during off-peak season. When you
calculate your profit, it will be far higher than those
that waited until the off-peak season alone. This is
the method my mother and I have used and it has
worked perfectly, but if you don’t know the right timing is better you stick with the normal method or
you contact me for advice. 2.Soybean Storage: Storing soy bean during peak season and reselling during the off-peak season is
another great and lucrative business that is yet to
be tapped. Soy bean is leguminous crop with a lot
of nutritional and health benefits and as a result of
this it is being used by man as food and for making
animal feeds such as poultry feed, fish feed etc. This farm produce is needed for fish farming and
because of increase interest of people in fish
farming, has made this produce a highly sort after
one. This is a business that very few people know
about and are getting a lot of money year in year
out. For example, in 2012, a woman bought each measure (rubber) of soy bean for #120 during the
peak season and sold it for #240 in just two month
and the price kept on increasing. The peak season
for soy bean is between November and December
and the off-peak season start from February to
September, imaging the amount of money you would make if you have money to store it and wait
for the real off-peak season (any time from April
upward) when the commodities will be so scarce
and make up 250% profit. 3. Quail Bird Farming: If you are hearing about quail bird for the first time or you have heard about
it before but you have not taken step to tap into
this great business opportunity, you are forgiven.
Quail bird popularly known as Aparo in Yoruba
language (If you know the name in Hausa or Igbo
you can write in the comment below) is one of the ancient bird which has a lot of health benefit. Quail
bird farming is part of Poultry farming and they also
lay eggs like chicks but it is not common in this part
of the world. The meat and the egg of this bird has
been reported to cure many diseases such as
arthritis, tuberculosis and other 30 diseases. Quail bird rearing is five times better than chicken and
turkey rearing, and I assure you that a person with
400 quail laying bird is better off than a person
with 2000 laying chickens. That fact is due to the
following reasons: 2000 quail bird will feed on the same amount
of feed that will be taken by 400 chickens.
They have immunity against many diseases,
this implies that you don’t need to spend
money on vaccine and that the business has a
low risk. Quail bird mature earlier and start laying
eggs after 7-8 weeks.
Quail farming requires less labour.
The space require for rearing Quail bird is
small.
They lay a greater no of egg of between 250 and 280 per year. With just 20,000 naira you are good to go with this
business provided you have a space in your house
where you can put the cage. With that 20,000 naira
you will be getting a daily return of between #1500
and #2000 after the bird has started laying egg. If
you have enough money, you can go into large scale production as this can turn you into
millionaire within the limited possible time. For more information on how to start quail farming
in Nigeria Read: How to Start quail farming 4. Tutoring Services: These services can take various forms, it could be home based where the
person will need to be visiting and he or she will be
paid based on the agreement between the two
parties. He can have more than a place depending
on his ability. But the second form is the most
preferable for entrepreneur like us who wants to rake in a lot of money. In this case, you will get a
tutorial centre at a good location and employ some
people that will join you in the work. Getting a
good centre may be a challenge but if you do your
search diligently you will surely get a good one.
You can start from your home if you have enough space or consult various school principal to allow
you use their school. I assure you that if you
market it very well and bring in some innovations
that will make you own unique, you will be surprise
at the amount of money you will be getting from
this business. 5. Training Center: This is another wonderful business idea you can start with small money. This
could be a professional training center r skill
acquisition training center If you are the type with
special talent or have some professional skills, you
can go ahead and establish a training center
register it and adopts various marketing strategies to get people and in no time at all you will be
bringing in a lot of cash. This business has a lot of
potentials to succeed because people of this
country are now shifting their attention to skill
acquisition because of lack of job, so that they can
stand on their own. 6. Sales of Phones and Accessories: you might want to look than on this business with the excuse
that a lot of people are doing it but I tell you people
are really making it in this business and this
business potential has not been fully tapped. A lot
of people in this country have passion for
technology and they are ready to spend money particularly on phones. What you need to succeed
in this business is correct information on where to
quality phones and at cheaper prices. It advisable
you consult a person you trust, who has been in
the business to guide you. If he is honest with you
he will tell you where you can get these products at cheaper prices and most of this product can be
bought from computer village in Lagos and other
big market across the country but you must have
the right information before you go into these
markets to buy. I have good news for you as
regard where to buy the product; the good news is that most of these phones can even be imported
from abroad without leaving the comfort of your
home. You can buy from site like aliexpress, ipmart.com etc at very ridiculous prices and the products will be sent to your address through
courier service get more than 100% profit. You can
start with capital of #20,000 if you want to start on
a small scale. 7. Outdoor Catering Service: The demand for food will continue to be on increase in this country due
to our large population which keeps on increasing
day in day out. This business has a lot of potentials
to be successful because no matter the condition of
a man’s pocket, he must eat. Food business varies
widely but I’m limiting it to outdoor catering service. If you have the necessary experience in
this aspect of business, I will encourage you to start
and make sure you make your own as unique as
possible and the sky will be the limit. 8. Seminar: this is similar to training services but quite different because in this case you don’t need
a training center Not all people like to sit down and
read, even if they like some do not have the time,
and yet they need to be furnished with the right
information that will solve their day today
problems. This is where a smart entrepreneur should come in and take advantage of these
categories of people by organizing seminar. It may
not necessarily be you that will give the seminar
talk, you can invite a resource person to do that but
if you can anchor it yourself you can go ahead.
When doing this ensure you charge moderate amount of money and add value to the lives of the
attendees that they will want to come when next
you organize such a seminar. In other word deliver
what you promise. Create enough awareness
before the program and you will be surprised at the
amount of money you will make from just a seminar. I have attended such a seminar before
where the organizer went home with more than
300,000 naira in just four hours seminar. Note: To
succeed in this business you must add value to the
life of people and deliver what you promise. 9. Rental services: This is another evergreen opportunity that can be used by interested
entrepreneur. This business is always evergreen
because there will always be ceremony to do
especially in this country where we like ceremony
and entertainment. The business is highly lucrative,
if you want to prove this fact, you can contact those who are already in the business and ask them
some questions, if they will be honest with you,
because they might not want to reveal their secret,
they will tell you that it is very lucrative. The only
challenge here is that this business involves
relatively large amount of money but you can start small by starting from plastic chairs and tables and
hire a vehicle that will help you transport them from
your place to the venue of the party. 10. Show room: I must confess to you that this is one of the most lucrative and evergreen business in
Nigeria and the world all over. This is due to the
interest of so many people in the entertainment and
sport especially football. One particular thing that
makes this business unique is because many
people love watching these matches at show room where they will have fun and discuss with their
friends. Another thing is that this business can
never die as more and more people, men, women,
students, young and odd are becoming fans of
most popular foreign league clubs. Any interested
entrepreneur can tap into this huge business idea, introduce some things that will make your own
unique and before you know it, you will be going
home with lots of cash. You can start this business
with a small capital of around 100,000 naira and
expand as you get more money. Those are the
small scale business in Nigeria that are very lucrative and evergreen and that can be utilized at
any point in time. Please if you know any other
lucrative business ideas in Nigeria that people can
start with small capital or you have any question,
kindly write in the comment below. See you at the top.

You deserve an award....thanks so much for this wonderful insight given. Would send you pm right now.

de-tee:
You deserve an award....thanks so much for this wonderful insight given. Would send you pm right now.

You are welcome .

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