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Top 10 Business To Start In Nigeria With Low Or Without Capital Or Money. by Excelwealth(f): 11:38am On Nov 16, 2022
Nigeria today is no longer a bed of roses, it takes hard work or hustling like they would say to earn a living.
Over 1.5million youths are unemployed in this country and it will amazed you that 70% of the populations are graduates with good results, reason, because no white cola jobs that are willing to pay handsomely with or without experience anywhere.
With this reason, I have decided to put open your minds and eyes to some businesses that will fetch you 6-7digits in a month if you are desperately in search of any.

Table of contents.

List of 10 profitable businesses in Nigeria that you can start today.

1. Dropshipping business.
2. Food or eatery business.
3. Transportation business.
4. Home tutor business.
5. Cleaning service business.
6. Laundry / dry cleaning business.
7. Copywriting.
8. Ice block business.
9. Pos business.
10. Daycare business.

Top 10 profitable businesses that you can start in Nigeria today.

1. Drop shipping business.

This is a kind of business that anyone can easily start without any form of capital. All you need to do is to have an idea of what dropshipping is all about, attend online free classes then, you can create a WhatsApp group where people can see the things you wish to import, they pay for it and you import them and that’s it, boom you are making thousands in a month.
Example of things you can dropship are like household equipments, male and female wears, children wears, gadgets etc.

2. Food or eatery business.

This is one of the most profitable business in Nigeria. No one can live without food or eating no matter how difficult the country’s economy is.
It is business that if you manage well it will definitely turn you to a millionaire in few years. It also doesn’t require much capital to start especially the local restaurant or road side food vendor.
It is a type of business without season and moves well if you know how to cook very well. And it’s also requires a good location so when considering this business idea you should also consider the location.
You can also do the business in the comfort of your home, all you need do is to create awareness and deliver to people their respective destinations.

3. Transportation business.

This is the list of the most gainful business in Nigeria today and so condign. It is a business that anyone cannot do without because people are always on the move, either going to work, church, school, mosques or even from one city to another.
It is a business you can start with or without capital. Yes, if you don’t have the capital to start the business, you can always file for hire purchase agreement. Hire Purchase agreement is a contract where the owner of the vehicle allows or permits you to hire the vehicle for a specified duration of time and you are allowed to pay installmentally to the owner. Examples; cars, tricycle, motorcycles etc. The market niche is very big and demanding.

4. Home tutor business.

If you are a person of passion towards teaching especially younger children then this business is for you. This business is very lucrative and demanding. It doesn’t require any or much money to start. The only money needed is just for mobility.
Imagine having 5 children to teach in a month and each of them is to pay #20,000 that’s #100,000 every month. Waow!
This is a type of business that can never be wanted till infinity because parents will never stop hiring home tutors for their children.
It is a business that is not gender restricted

5. Cleaning service business.

With so many people too busy with their daily activities and business, cleaning business has to be among the most lucrative and demanding businesses in Nigeria.
People who are betide to do their house cleaning by themselves due to one busy schedule or the other and aged people will always look out for someone to clean their environment and get them paid for the job.
Apart from busy schedules people and aged people, others who buy new houses are always looking out for people to help them clean them before they sell them out or packing in.
It is a business that doesn’t require much capital or any money to start up. You can create a simple flyer for awareness creations or you can tell someone to tell someone about your business. It’s a business that’s in so much demand in Nigeria.

6. laundry/ dry cleaning business.

This is a very lucrative business in every city especially the urban cities. A lot of busy workers depend on dry cleaners for all their laundries.
Companies employs dry cleaners also for their laundry needs.
It is a business that does not necessarily need you to have a big shop before you can start. You can do it in the comfort of your home provided you need the necessary materials for your laundry. Others also hire someone to do their laundries in their home. It’s not necessarily in your work place or home.
The business doesn’t really need huge capital or sometimes any money to start, no matter your location they must call for you and it’s also not a seasonal business.

7. Copywriting business.

Copywriting is also one of the most lucrative businesses in Nigeria. It’s a business for those who are passionate about writing, others with good skilled writing and rational use of vocabularies can venture into it too.
There are major types of copywriting which could be blog posts, sales email, content writing, social media marketing etc.
It is a business that requires little or no capital to start and pays higher in the country.

8. Iced block business.

In Nigeria, people need ice blocks to keep water and drinks cold always. That’s why Ice block business is also a lucrative business in Nigeria.
You can make ice block from the comfort of your and supply to your neighborhoods especially places where there’s poor supply of power, drinks shop and people who are doing occasion etc.
It also does not need much capital to start. If you a deep freezer at home then you start as soon as possible.

9. Pos business.

Point-of-sale (pos) business has become one of the most lucrative business in each cities of Nigeria.
To start up a pos business you don’t necessarily need much money to do so and you can also apply for an easy loan if you don’t have any money at the moment.
It is not a seasonal business and doesn’t require huge capital. People who are far from ATM machine can easily come to you and withdraw money for their daily needs but then getting a good location should be put into consideration.

10. Daycare business.

If you are a lover of kids then this business is for you. Child caring is also a good business to venture into either in a big way or in a small way and you will make thousands of money from it for a start.
If you want to venture in it in a big way then you would have to register your business first and then get a license to start up but if you don’t have much capital to do so, you can do the business in your living room. All you have to do is just to rearrange or either ways, get some children toys, storybooks, children musics etc.

Conclusion.
There are lots of businesses anyone can actually start in Nigeria with as low as 20,000 naira. The most important thing is the ability to choose among the businesses the one that you’re best fit to do.Also, persistency and consistency are the key to success. Though it might look difficult from the on set but with patience at the business progresses you will enjoy the benefits

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