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14 Lucrative Business Ideas In Nigeria - Business (3) - Nairaland

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Re: 14 Lucrative Business Ideas In Nigeria by Consultville(m): 1:04pm On May 02, 2016
Thanks so much for the compliment.

On the online business, I don't want to mention businesses I have little or no knowledge about.

2. Sport betting is a cool business very lucrative but I have morale issues with it, (don't mind me) but you know what is morale to me might not be morale to you.

There are lots of business opportunities in Nigeria, just posted the ones am familiar with.

3 Likes

Re: 14 Lucrative Business Ideas In Nigeria by etim20(m): 1:08pm On May 02, 2016
austin2all:
HOW ABOUT CHURCH BUSINESS
what of mosque which imans used as a hide out to carry out their lucrative business of Wife snatching,under-age pregnancy,herdsmen and terrorism..
Re: 14 Lucrative Business Ideas In Nigeria by sonnie10: 1:11pm On May 02, 2016
Re: 14 Lucrative Business Ideas In Nigeria by EmmaCSi(m): 1:11pm On May 02, 2016
servicegiver:
I am wondering why you did not mention any form of online business, meanwhile, there are over 5 million Nigerians using the internet today. Don't you think including it will be a very good idea?

The internet offers a lot of opportunities for Nigerians...please let us not leave it out yet. Afterall, there are many Nigerians running legitimate business online. My views though!


You must be a Joker!! 5 million Nigerians using the Internet? There are over 60-90million Nigerians on the Internet, that's even a conservative figure.

2 Likes

Re: 14 Lucrative Business Ideas In Nigeria by Nobody: 1:20pm On May 02, 2016
austin2all:
HOW ABOUT CHURCH BUSINESS
Most lucrative .
Re: 14 Lucrative Business Ideas In Nigeria by kuuljay(m): 1:23pm On May 02, 2016
Hybrid01:
What about soap and cosmetics(body and hair creams) production business. Fertilizer production business is lucrative also
produce any good bleaching cream right now if you no become millionaire in one week come and take my wife cool

3 Likes 1 Share

Re: 14 Lucrative Business Ideas In Nigeria by sped1oro(m): 1:23pm On May 02, 2016
At the mention of internet or online business some ignorant persons believed its all about scam or ebooks alone. At least we have a whole lot of services/products sold online on daily basis. The difference is in the marketing approach you adopted in selling your goods/services to prospective buyers.
As for me, i have written a lot of useful articles for small business especially 100 small business with little or NO capital via www.hollalaycan.com and www.hollalaycan.. I have been paid over N1million for the business plan/feasibility report on some of the businesses i have written about.
Also, i have made money from showing the clients where to get their machines/equipments.
Furthermore, i have made reasonable income from consultancy FEE i received from people who wants to set up new business.
In addition, my e-book on Nylon business in Nigeria is the most resourceful you can find anywhere on the internet today.
In conclusion,online/internet business is the easiest and less financially burdensome kind of business for those with entrepreneural zeal. If you need advice on how to start an online business and make passive income like some of us do,feel free to contact me through my profile or my blogs.
Re: 14 Lucrative Business Ideas In Nigeria by Nobody: 1:30pm On May 02, 2016
moski5:


I'm in Benin we cud get2geda n chat
anyways depending on d location yu cud build stores n offices to Standard

yu cud sell part n invest in smtin else

also yu cud use part to build accommodation 4 rent
I'm not in the country now. But please email me your phone so I can contact you?
Re: 14 Lucrative Business Ideas In Nigeria by Shollyjay90(m): 1:30pm On May 02, 2016
Wat Of Church Buz
Re: 14 Lucrative Business Ideas In Nigeria by Hybrid01: 1:39pm On May 02, 2016
Princewell2012:


pls do you have any knowledge on how to produce them? gnwaneri@ymail.com
I produce liquid soap and I want to start bathing soap production now. On creams- I have the idea but I want to learn more before I start producing it. Although I can produce hair creams
Re: 14 Lucrative Business Ideas In Nigeria by titosantana(m): 1:40pm On May 02, 2016
nice
Re: 14 Lucrative Business Ideas In Nigeria by edbor(m): 1:45pm On May 02, 2016
amokeme:
Really interested in the transportation business
interesting, what means of transportation?
Re: 14 Lucrative Business Ideas In Nigeria by Macgabe(m): 1:53pm On May 02, 2016
austin2all:
HOW ABOUT CHURCH BUSINESS

Hahahaha may God forgive you ooo
Re: 14 Lucrative Business Ideas In Nigeria by uvalued(m): 2:40pm On May 02, 2016
Consultville:
Let us use this opportunity to discuss lucrative business ideas in Nigeria.

REAL ESTATE/HOUSING SECTOR

There is a saying that, “Landlords grow rich in their sleep”. Funny but true, Real Estate is a green area for business and investment.
Acquiring a large expanse of land, portioning it into service plots for sale in which payments are in installments is a sub-sector that has made many Nigerian Millionaires.

Building residential apartments, hotel and recreation part also falls under the auspices of Real Estate.

One can also be a Freelance Agent adopting different marketing strategies to sell or let people’s properties or Private Company Independent Agent.

One can also setup an online store for selling building materials, items for example cement is a very essential commodity and needed in large quantities.

CRECHE AND NURSERY

Children are born every day and there is a need to acquire formal education.
Crèche and School business generally is a diamond-mine a major problem is that there are many substandard schools in Nigeria so if you can take qualitative education seriously and make it your watchword, the sky is just the starting point, eventually your school will be a cynosure.

TRAVELS AND TOURS

Movement from one place to another is very common to man, so much more man loves leisure and fun. Combining Travel Agency with Tourism is a very good combination and a lucrative one.

The world is a global village and Nigerians are fast embracing digital technology, most tickets are bought online, strategically positioning yourself as a reliable agent with cheap tickets will pave way for you in the industry.
Websites like travelstart.com offer startups the opportunity to start their own online travel agency and your site backend will be integrated to their own (travelstart.com).

Strategically collaborating with tourist places both locally and international is a good way to start the Tour arm of this sector. Organizing events like “Weekend Escape” for couples is also a brilliant idea.


POULTRY AND LIVESTOCK FEEDS

Poultry business is a thriving business in Nigeria, the rate of consumption is quit high. There is also Government legislation that bans the importation of frozen livestock, thereby pushing the pressure on the local farmers. Its demand doubles or even more during festive period especially Christmas.


TRANSPORTATION BUSINESS

The need to move from one place to another is the background of this business, although the sector has been marred with street urchins. A well-planned system such as, inter-state bus travels and taxi system like yellow cabs and red cabs that we see around in Lagos can be adopted and explored. Uber Nigeria is a very good investment area in the transportation industry.
Haulage trucks renting for some Companies like DHL, Dangote etc. is also a very safe way of investing in this sector.


INFORMATION AND COMMUNICATION TECHNOLOGY

ICT is one of the fastest growing sectors in Nigeria, ranging from e-commerce to blogging and other internet-allied services.
Another green area is the Computer Literacy part, a large chunk of Nigerians are still computer illiterate. A training center will surely flourish in this field.

Offering computerization of some operations in workplace is an innovative way to start, the corporate world is evolving lot of Companies still
embrace analog system of operation, you can get a good programmer to design a solution application and then you can commercialize it.


PROFESSIONAL CLEANING AND WASTE DISPOSAL

Cleaning services is needed almost everywhere some entrepreneurs have even explored residential cleaning. This business has lots of green areas including fumigation services, post-construction cleaning services, dry-cleaning services and lots
This is a very profitable business, you just need to get an organizational structure in place, and hire the right hands.


MARKETING AND ADVERTISING COMPANY

Marketing and Advertising for Companies is a very lucrative business, sales are very crucial to every business, if you believe you can help plan marketing strategies and implement them, and this business area is just for you. Your earnings might be based on commission for products sold; digital marketing will give you the edge.


LOGISTICS COMPANY

The logistics business is a very lucrative and broad business in Nigeria, its opportunities spans areas like documents/parcel handling, intra-state errands, clearing and forwarding.
The documents/parcel business, partnership with well-established firm is very good option or even becoming franchisee of big logistics firms like DHL is a very nice idea.

Lots of Companies outsource their parcel delivery; you just need to position your Company very well.
Clearing and Forwarding, this is a good mine although the sector is marred with lots of corrupt practices, if one shows serious interest and builds a very good online presence then the sky is just the starting point for the person.


CREDIT AND LOAN SERVICES

Turn right, turn left you will find lots of these Companies. It’s a lazy way of making lots of money, just from the comfort of your house you can operate this business and make lots of money. It involves a high level of risk-taking though but with adequate background check on the person you are lending money then you are a bit secured.


FOREIGN ADMISSION PLACEMENT SERVICES:

The need to acquire formal education is the background of this business, less than 50% of those that apply to Universities to study in Nigeria actually gain admission. Over the past decade the attention has been greatly increased towards studying abroad. As an agent, you’re to partner with these Schools abroad, get paid commission on referral, so the trick is the more University options you have the greater your chances.
Along the line you can add services like TOEFL, SAT, GRE tutorials.


GAS STATIONS/PLANT

The paradigm shift from using kerosene to gas is getting interesting every day, lots of homes now have gas cookers in lieu of Kerosene stoves, apart from the fact that is cheap it is also clean. Gas plants are becoming essential in neighborhoods; partnership with Petrol Station is one of the best routes as the safety concern is covered.
Plenty Nigerians are making millions in this sector.


DIESEL AND PETROLEUM HAULAGE BUSINESS

Though this sector is marred with lots of corrupt practices including dilution of petroleum products, in accurate precision and all but it is a very open sector and very lucrative especially if one can have a peddler (mini-truck) or a big truck for the haulage. Diesel can easily be gotten from the depot in Apapa. You only need little publicity and more importantly, try building your integrity in the business it pays a lot.


CARS AND SPARE PARTS

Selling of cars is a very lucrative business in Nigeria, there are some strategic advertising tools one can employing in this business that you will be smiling to the bank and makes selling seamless.
Spare parts business is also a very good business, parts are imported from Belgium, UK etc. Tire is also a sub-sector you can also explore as a majority of vehicles has tire problem. Launching a Tire Check Campaign and some digital advert to spice it is a goldmine.

source: http://regville.com/uncategorized/14-lucrative-business-ideas-in-nigeria/
happtinz
Re: 14 Lucrative Business Ideas In Nigeria by bebe2(f): 2:53pm On May 02, 2016
efosasere:
I currently own a 500 by 200 plot of land at Obern and a 200 by 200 plot land at Sapele road in Benin City but confused as to how to develop them and what to build there.

Where is ur land on sapele Rd.

Mine is in presco junction 100x200. Don't know Wat to do with also cheesy
Re: 14 Lucrative Business Ideas In Nigeria by Princewell2012(m): 3:06pm On May 02, 2016
Hybrid01:

I produce liquid soap and I want to start bathing soap production now. On creams- I have the idea but I want to learn more before I start producing it. Although I can produce hair creams

good, i also have interest on it, especially the liquid soap, and so on, but how do you sauce for the chemicals? Do have any specific train on it? Thank you.
Re: 14 Lucrative Business Ideas In Nigeria by glossy6(f): 3:38pm On May 02, 2016
austin2all:
HOW ABOUT CHURCH BUSINESS
mosques make money too
Re: 14 Lucrative Business Ideas In Nigeria by opey112(m): 5:24pm On May 02, 2016
austin2all:
HOW ABOUT CHURCH BUSINESS
Joke of the year.
Re: 14 Lucrative Business Ideas In Nigeria by amokeme(f): 5:25pm On May 02, 2016
edbor:

interesting, what means of transportation?
cab kind of stuff
Re: 14 Lucrative Business Ideas In Nigeria by ekefre4(m): 5:26pm On May 02, 2016
Op forgot Nairabet grin
Re: 14 Lucrative Business Ideas In Nigeria by html14java(f): 5:41pm On May 02, 2016
G12:


wake up! There's big money on the internet. Those who sold you eBooks may not be making money themselves, but it doesn't mean one can't make money online. What works for one may not work fot another, it's just about finding your angle. I have not only made money online, but also taught a few individuals who are doing well.

I m interested. Teach me please
Re: 14 Lucrative Business Ideas In Nigeria by Hybrid01: 5:56pm On May 02, 2016
Princewell2012:


good, i also have interest on it, especially the liquid soap, and so on, but how do you sauce for the chemicals? Do have any specific train on it? Thank you.
I buy my chemicals from a retail shop close to my house. You might want to wear a glove when preparing it 'cos Caustic soda can do damage to your Skin. Where do you stay?
Re: 14 Lucrative Business Ideas In Nigeria by edbor(m): 7:47pm On May 02, 2016
amokeme:
cab kind of stuff
it's good, having an equally good driver goes a long way.

1 Like

Re: 14 Lucrative Business Ideas In Nigeria by Nobody: 8:11pm On May 02, 2016
bebe2:


Where is ur land on sapele Rd.

Mine is in presco junction 100x200. Don't know Wat to do with also cheesy
at Obern.
Re: 14 Lucrative Business Ideas In Nigeria by G12(m): 8:15pm On May 02, 2016
olushola1989:
ure a blatant liar. U read and cram d so-called ebooks and pour it outside to novice out there telling them you do the business. Which at d end of d day u make ur own money from d useless and false training fee n d stupid ebooks u sell about. Guy Nigerians are no longer wearing pampers. U hear

Lol... Ignorance is a killer disease. I don't even have the time to write any eBook and I have never sold any. The people I have taught are the ones I have a good relationship with eventhough I haven't met some of them one-on-one and I have never charged anyone.

To the person who sent a PM, I may reply late cos I'm too busy nowadays and taking a break from online.
Re: 14 Lucrative Business Ideas In Nigeria by bebe2(f): 8:43pm On May 02, 2016
efosasere:
at Obern.

am lost oo

i dont where that is in benin sad
Re: 14 Lucrative Business Ideas In Nigeria by Nobody: 8:47pm On May 02, 2016
bebe2:


am lost oo

i dont where that is in benin sad
Obern community. My land is besides my father's farm before presco.
Re: 14 Lucrative Business Ideas In Nigeria by bebe2(f): 8:52pm On May 02, 2016
efosasere:
Obern community. My land is besides my father's farm before presco.

okkk. not familiar with the area.
Re: 14 Lucrative Business Ideas In Nigeria by Nobody: 10:49pm On May 02, 2016
G12:


Lol... Ignorance is a killer disease. I don't even have the time to write any eBook and I have never sold any. The people I have taught are the ones I have a good relationship with eventhough I haven't met some of them one-on-one and I have never charged anyone.

To the person who sent a PM, I may reply late cos I'm too busy nowadays and taking a break from online.
oya prove me wrong then. What's d proof to ur claim
Re: 14 Lucrative Business Ideas In Nigeria by G12(m): 11:11pm On May 02, 2016
olushola1989:
oya prove me wrong then. What's d proof to ur claim

I'm not under any obligation to prove you wrong or right. You're entitled to your opinion. Enjoy your ride!
Re: 14 Lucrative Business Ideas In Nigeria by millionboi(m): 12:45am On May 03, 2016
webincomeplus:

Your pain is understandable, but you don't have to jump to an erroneous conclusion. At least, you should know that Linda Ikeji doesn't sell ebooks and she's raking in big money every month. That one example alone nullifies your post.
And who told you 100% of her income is online
Re: 14 Lucrative Business Ideas In Nigeria by Nobody: 9:07pm On May 03, 2016
G12:


I'm not under any obligation to prove you wrong or right. You're entitled to your opinion. Enjoy your ride!
oya abeg new. I no do shakara nw.help ur person now. Abi na because say I yab u. Oya sorry

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