Hi everybody. I need suggestions urgently on what business I can do with 10,000 USD, something profitable in naija. Thanks.

If you would not be in need of the money for at the least the next six months ,i would suggest that you invest it in oceanic IPOs ,it would pay u much better .

As Egoldman has said, Buy shares, it pays a lot

u will need to clarify if u are looking at short or long term investment and whether u are available or just an investor who wants d profit at a go or an on going thing.

egoldman:

If you would not be in need of the money for at the least the next six months ,i would suggest that you invest it in oceanic IPOs ,it would pay u much better .

Sounds like a good idea. . . I need you to shed more light on your suggestion,please.

KayB:

u will need to clarify if u are looking at short or long term investment and whether u are available or just an investor who wants d profit at a go or an on going thing.

I don't mind making profit at a go,if that's possible. However,what I really want is more like a continuous thing,I want a business that will stand the test of time and yes,i'm going to be available.

if you would not need that money for at the least one year i would suggest that u buy bluechip stocks with it and u will make some kill in about 1 year ,also you can buy some cheap land at some unattractive locations in the outskirts of lagos ,there are good chances that the prices would go up considering the pace with whihc lagos is still developing ,i cant prove this ,but i have been told there are such lands you might get at the rate of between 250,000 and 450,000 naira , remember what i said ,its on the outskirts of lagos where its not yet attractive for now , hence the low rate .

Egoldman

I well said. God is making babies. but no more land

what do u mean ?

I could be wrong, but I think gmcln means because new land cannot be created, land that is unattractive today may one day become attractive, therefore always a good idea to buy one that is cheap today due to its "unattractiveness".

Guy's
What i should have said was, God is making more babies but is not making any more land.
Law of supply and demand.

LOL, You got it right