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20 Profitable Businesses You Can Start With Less Than 100k In Nigeria - Nairaland / General - Nairaland

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20 Profitable Businesses You Can Start With Less Than 100k In Nigeria by carwoman(f): 3:41pm On Jun 14, 2018
While you are waiting for that perfect job or pay-check remember your bills don’t wait. No matter how much you have you can start a side hustle to stay afloat and even build an empire from little or nothing.

Thinking of where to start or what you can do? Below are 20 Businesses you can start with less than hundred thousand naira (100k) In Nigeria as shared on twitter by @boda_lanre.


1. Bedding: Pay a visit to Lagos Island or Oshodi where they sell bulk materials, pick good designs. There are standby tailors within the same market that can help with sewing. Package them neatly, you can start will less that 100k and diligently grow your money.

2. Fashion Apparel Production: Like beddings, there are good fabric markets across the country where you can get quality, tasteful fabrics and professional tailors to help you produce beautiful clothings for both male and female. Aba and Lagos Island are the most popular fabric markets in Nigeria where you can get shirt materials ranging from about 1k per-yard sew for less than 2k; Sell for 5k-7k. The cost of producing one boxers can be like three hundred naira (#300), all you need is to do is package it in 3s and sell them for 1about 2k sell or less. Start with selling to your friends and family. It sells out pretty fast.

3. E-Payment Agent: If you live in areas with poor banking presence you can handle e-payments with POS machine and earn commission from it. You can a get POS machine from your Bank and activate online banking. People without bank accounts can get cash transfers through you and you can charge as much as #500 for withdrawals especially when there is a desperate need for it.

4. Mobile Accessories: Pouches, Chargers, USB cables, HDMI cables, earphones etc. can be sourced on Alibaba, Ali Express, Deal Extreme, etc. The more you buy the lower the price and they are light weight for shipping. You can sell them on e-commerce and social media platforms. read more here https:///2MrSJGI or click http://www.findajobinnigeria.com/2018/06/20-businesses-you-can-start-with-less.html

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