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What Can I Do With 5,000,000 Naira - Business - Nairaland

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Please ,what Profitable Business Can I Do With 20,000 Naira. / What Online Business Can You Start With 5,000 Naira And Make Profit? / Can 200,000 Naira Start A Good Business In Nigeria? (2) (3) (4)

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What Can I Do With 5,000,000 Naira by goodbobo: 1:59pm On Jul 05, 2006
presently i am an IT staff of a bank. i have been able to accumulate 5,000,000 naira .
does anybody know any good business moves or idea one can go into with this kind of cash .
Re: What Can I Do With 5,000,000 Naira by charlesn(m): 5:25pm On Jul 05, 2006
I know. I worked in the banking sector for 4 years and so no real growth in my life. I am presently into entertainment business project that is about taking off. The project is capable of generating at least 12 million naira within the next 12 months with an initial investment of 1 million naira! Apart from this you are going to be a part owner of an entertainment franchise that will generate more millions in the years ahead, you know entertainment is a thriving business industry in nigeria. I am very serious with this and if you want to know more please contact me dakcee@yahoo.co.uk 08036672045 and 08027828605
Re: What Can I Do With 5,000,000 Naira by Mariory(m): 12:49pm On Jul 06, 2006
goodbobo:

presently i am an IT staff of a bank. i have been able to accumulate 5,000,000 naira .
does anybody know any good business moves or idea one can go into with this kind of cash .


Why not invest in stock or property.
Re: What Can I Do With 5,000,000 Naira by Seun(m): 1:13pm On Jul 06, 2006
Is 2 million naira, $20,000, 8 million naira, or $1-5 million really that different from your 5 million naira?
Re: What Can I Do With 5,000,000 Naira by iLIKE: 8:45pm On Sep 11, 2006
In the mean time invest part in equity stocks and part in government securities. Continue on your job and also begin to develop business savviness. When you believe you've fully understood business and its myriad facets, the you'll be ready to become an entrepreneur. Then you'll not need to ask what to do with your hard eared savings.

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Re: What Can I Do With 5,000,000 Naira by ndbest(m): 6:15pm On Sep 14, 2006
u dont have to invest all your money into a business at ones. every business has its level of risk, so you must be able to determine the risk-reward level of the business, and you can only determine this by taking time to study a choice business. i suggest businesses like catfish and cassava export. while investing part in the choice business, its good to create a save landing 4 urself in case of any fuckup by investing the rest in maybe, stocks(its egually a good investment) so that u can have something to fall back on. all the best.
Re: What Can I Do With 5,000,000 Naira by 123: 6:33pm On Sep 14, 2006
with the sum of 5.000.000 i wonder why you can not figure out what to do with it ,I have an idea which i could not make public, it has to do with oil bussiness you can reach me adam4biss@yahoo.com
Re: What Can I Do With 5,000,000 Naira by lukas: 4:10pm On Sep 15, 2006
5mil can go along way in solid minerals,like gemstones.Topaz to b precise
am a gemologist and presently me and sm of my frnds registered a company
we also av an export license and we invested sm money in this meeeeen
its a good bussinez u can give it a try.our patners we xport 2 are sri-lankas
and 2 of my team members are Bankers smiley smiley
Re: What Can I Do With 5,000,000 Naira by luckynzo(m): 7:40pm On Oct 12, 2006
5 million Naira is a huge amount. You have to be careful. Nigeria had a lot of exportable products. You can carry out a market test and discover products that are red hot in the export market. When you have come up with a product,you find out the necessary requirements and begin exporting.
Re: What Can I Do With 5,000,000 Naira by mimigirl(f): 1:17pm On Oct 13, 2006
@goodbobo i am in entertainment world and i know much about it. I have ten tracks of igbo gospel songs on demo tape. With less than 200k you can produce it. And i also have wonderful already screen played stories that you can work on. I have good contact with KOK , GENE, MIKE OZURONYE CHIOMA CHUKWUKA AND DESMOND ELLIOT. With the set of movie stars on your job, u r above the sky financial. 08022276327
Re: What Can I Do With 5,000,000 Naira by mimigirl(f): 1:18pm On Oct 13, 2006
@goodbobo i am in entertainment world and i know much about it. I have ten tracks of igbo gospel songs on demo tape. With less than 200k you can produce it. And i also have wonderful already screen played stories that you can work on. I have good contact with KOK , GENE, MIKE OZURONYE CHIOMA CHUKWUKA AND DESMOND ELLIOT. With the set of movie stars on your job, u r above the sky financial. 08022276327
Re: What Can I Do With 5,000,000 Naira by drag04: 6:49pm On Oct 13, 2006
hey if you can invest N250,000 for 5months i assure you a 100% return on investment.i reside in lagos my email adress is crooop2000@yahoo.com.i have a contract to supply recycled polypropylene material(p p)used for making plastic.mail me if you need more details.
Re: What Can I Do With 5,000,000 Naira by naijacutee(f): 7:04pm On Oct 13, 2006
Buy a house in Akwa Ibom State. It is fast becoming attractive to foreign investors as recently, I was watching CNN and there were adverts inviting people to come and invest not in Nigeria but in Akwa Ibom State. Like it's a separate entity.

Make sure it's properly furnished to the standard of European/American homes. You could invest in an interesting feature which most hotels around the area don't have e.g wireless internet connectivity(and be sure to make noise about it!!!)

Make your noise, especially on the Internet and the Akwa Ibom Federal website : www.akwaibomstategov.com, do some research regarding short term accomodation prices and what's lucrative in what area. In fact research is the first step you need to take. Scrap everything I've just said and put research at the top. It's just an idea. Take care and good luck with your 5 million.
Re: What Can I Do With 5,000,000 Naira by naijacutee(f): 9:52am On Oct 15, 2006
What? I thought all you need to print something would be a printer. What would you need N250,000 for again? What's the magical idea?
Re: What Can I Do With 5,000,000 Naira by thebaron(m): 7:44pm On Jun 30, 2007
Firstly, I want you to answer this question. Do you want to be an enterpreneur? If the answer is yes then you need to evaluate yourself on your level of self knowledge about business. However, I will advice you to invest at least 60% of the money in the stock market. There are various investment plans when it comes to investment in stocks. Do you want to do a short term investment or a long term investment? They both have different rules for investing. You can actually do both. For the long term investment I suggest that you buy blue chip stocks. And you can hold on to it for years and watch it appreciate. For your short term investment I suggest you buy penny stock. But you have to be careful in your selection penny stock.
Then the remaining 40% can be invested in any promising business opportunity that you know very well. Especially one that can offer you the opportunity of residual income in the future. If you want any ideas regarding this then you can e-mail me on anyiampaul2@yahoo.co.uk.
Re: What Can I Do With 5,000,000 Naira by OLUWASEUN11: 3:15pm On Jul 09, 2007
Man ,i will advice you to put your money on shares & stocks  ,cos that 's the sweetable investment in nigeria now .
Re: What Can I Do With 5,000,000 Naira by lumcy: 5:10pm On Jul 09, 2007
if u have 5m then am very sure u dont have to come to nairaland 4 advice,cos the fact dat u can generate 5m means u know how to make money. so think it thru
Re: What Can I Do With 5,000,000 Naira by Seun(m): 11:26pm On Jul 09, 2007
If you search this forum, you will find the answer to your question.
Don't be lazy; don't try to outsource your financial responsibilities. You can buy a house. wink
Re: What Can I Do With 5,000,000 Naira by dollyp1cute(f): 11:51pm On Jul 09, 2007
lumcy:

if u have 5m then am very sure u don't have to come to nairaland 4 advice,because the fact that u can generate 5m means u know how to make money. so think it through

Straight on point wink

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Re: What Can I Do With 5,000,000 Naira by PHEESAYOUR(m): 8:10am On Jul 10, 2007
Chis! Start selling dough nuts and plantain chips, it's lucrative enough to the extnt of generating another 5m in the next 5 months
Re: What Can I Do With 5,000,000 Naira by mailstorm: 12:02pm On Aug 07, 2007
HI,
Why not go into SOLID MINERAL AND METALS export, its the in thing now, if you need more information and guidiance, i will be happy to oblige.
You can call:08025764542
Re: What Can I Do With 5,000,000 Naira by otuwe(f): 2:54pm On Aug 07, 2007
[size=28pt]dash me[/size] grin grin grin
Re: What Can I Do With 5,000,000 Naira by floxyrangy: 1:39pm On Nov 12, 2007
you do not know what to do with that kinda money? abeg bring it for me I will use it for you.
Re: What Can I Do With 5,000,000 Naira by slim49z(m): 2:50pm On Nov 12, 2007
Be careful whose advice you take buddy.

This forum is full of wolves grin
Re: What Can I Do With 5,000,000 Naira by Hotone(m): 5:40pm On Nov 12, 2007
Mr, see, don't dangle that money for too long in the face of people. you better be sure its only on naira land you have pasted this information. With five million naira, you can leave your job, change your field, and make more money in a year than you've made in your life. I know because I've done it before!
Re: What Can I Do With 5,000,000 Naira by biggerboy(m): 6:23pm On Nov 12, 2007
come sow the money into my life!!
Re: What Can I Do With 5,000,000 Naira by tufe(m): 6:30pm On Nov 12, 2007
biggerboy:

come sow the money into my life!!
My brother you talk am well, make that bros come invest am for my life to.
Re: What Can I Do With 5,000,000 Naira by afam1(m): 11:57am On Nov 13, 2007
waooh,   5million naira.

i will simply advise that u invest the money in   amutual fund like discovery fund.

check this out   www.arm.com.ng/agf

or contact afam on 08038673022
Re: What Can I Do With 5,000,000 Naira by emal(m): 2:14pm On Nov 17, 2007
If really you are serious, contact with my email dakwe01@fastmail.fm
It cannot be a public thing.
Re: What Can I Do With 5,000,000 Naira by adebisi1(m): 2:51pm On Nov 17, 2007
Friend i am highly intrested on entertainment business my name is bisi i live in turkey but hope to come back to nigeria soon and invest my money i have been looking up to have an entertainment Contact ,but i dont realy know how to go with it ,i will be very happy if you can put me through this and not scam plz i am for real i am sorry to say this i will like to get to know you more kindly tell me more about ur self from ur reply mail .

Hear from you soon .

Thanks

bisi
Re: What Can I Do With 5,000,000 Naira by Dorcasde(f): 6:06am On Nov 19, 2007
Hey, start shuttling between China and Nigeria for business, importation business. Think of the Nigerian market and your area of interest. If you want to give it a shot,  you can start with about 1.5M. If you're interested, hallo back at me on dorcasde@yahoo.com. You can also buy some shares.
Re: What Can I Do With 5,000,000 Naira by tayog(m): 7:05am On Nov 19, 2007
Why not do a research to uncover those silent but money-spinning businesses. Could take someone who is versatile and dog-nosed to help you discover your dream business. Go, look for that friend.

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