Kind Of Business To Do With 50,000 Naira

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Date: October 11, 2008, 11:25 PM
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Nairaland Forum  |  General Discussion  |  Business (Moderator: FOD)  |  Kind Of Business To Do With 50,000 Naira
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hobat4cash (m)
Kind Of Business To Do With 50,000 Naira
« on: May 31, 2006, 05:16 PM »

I have discovered that we have serious minded individuals in this forum hence the need for me to post this topic. I have a savings of 50,000 naira and to be truthful i don't know exactly where to invest it.

Have not got a job in this jobless society where links get you a job, which means that this amount is precious so please i need advice on which type of business i need to do, be it online or whatever your advice is appreciated thanks.
hobat4cash (m)
Re: Kind Of Business To Do With 50,000 Naira
« #1 on: June 02, 2006, 04:00 PM »

please guys i need your help i really need your advice so as not to invest in a business that i will regret am a final year student in a nigerian university and to say the truth the future is not looking good. Thank guys for your anticipated advice. Huh
Golftwo (m)
Re: Kind Of Business To Do With 50,000 Naira
« #2 on: June 03, 2006, 12:03 PM »

Hey friend, u cn go into farming. Catfish, Snail or u cld buy plantain in bulk & resell them. U cn make money through it
Seun (m)
Re: Kind Of Business To Do With 50,000 Naira
« #3 on: June 03, 2006, 12:04 PM »

Visit 'I have 15,000 Naira to Invest' for ideas that can also apply to your 50,000 Naira.  Cheers!
bolex (m)
Re: Kind Of Business To Do With 50,000 Naira
« #4 on: June 03, 2006, 01:35 PM »

just buy shares and don;t waste your money on business

that's all

50,000 naira

not enough to even buy a laptop

emmie4j (m)
Re: Kind Of Business To Do With 50,000 Naira
« #5 on: June 03, 2006, 03:56 PM »

Quote from: hobat4cash on May 31, 2006, 05:16 PM
I have discovered that we have serious minded individuals in this forum hence the need for me to post this topic. I have a savings of 50,000 naira and to be truthful i don't know exactly where to invest it.

Have not got a job in this jobless society where links get you a job, which means that this amount is precious so please i need advice on which type of business i need to do, be it online or whatever your advice is appreciated thanks.


Start a popcorn popping business Grin
Garuba (m)
Re: Kind Of Business To Do With 50,000 Naira
« #6 on: June 03, 2006, 05:38 PM »

Invest it in mutual funds. IBTC bank has some really good returns on investment http://www.ibtc.com
Greatpeter (m)
Re: Kind Of Business To Do With 50,000 Naira
« #7 on: June 03, 2006, 07:32 PM »

Please let's give this guy an audience.
He's serious about this and he's begging for serious minded individuals to advise him.
please let's not make jest of him.


badman (m)
Re: Kind Of Business To Do With 50,000 Naira
« #8 on: June 03, 2006, 10:12 PM »

 no need to do business with it just go and buy shares
kazey (m)
Re: Kind Of Business To Do With 50,000 Naira
« #9 on: June 03, 2006, 11:31 PM »

Quote from: hobat4cash on May 31, 2006, 05:16 PM
Have not got a job in this jobless society where links get you a job, which means that this amount is precious so please i need advice on which type of business i need to do, be it online or whatever your advice is appreciated thanks.

And why would you advice a jobless person, that wants to earn to invest on shares rather? wierd,  Anywayz are you good in marketing? What are the skills you have currently? Let us know.
nurenga (m)
Re: Kind Of Business To Do With 50,000 Naira
« #10 on: June 05, 2006, 04:27 PM »

I beleive no amount is too small to start a business, it all depend on some factors like; location, type of buz etc. These factors will go a long way in determining the success or failure of the buz.
     I will advise my friend to please go ahead and pik any of the reasonable suggestions put up by people in nairaland.In adddition since you want to engage yourself in buz, i wont support investing in shares but to invest in what you can manage in a condusive environment.
gr8t (m)
Re: Kind Of Business To Do With 50,000 Naira
« #11 on: June 10, 2006, 12:56 PM »

N50 000 is alot of money to turn you into a successful person if your will add patience to this advice.

Leave half of the money un touched while you take time to attend a free seminal on farming, either fish farming or snails. With about N10000 you can buld a ''vert'' that is a 12 by 4 wood construction and lay carpet in. with another N3 000  you can buy the fishes to ash.
But, make sure that before u  start, get advice from a fish farmer that is still operating on a lower scale so that they will not bill you much for showing you how to go about things. If you can get it right you can turn that money tripple in three month and then do it on a larger scale. I have no advice for the snail but you can ask.
If you have any question call 08062462184, someone will advice you. do not give your money to anybody ooo.
Thethy (m)
Re: Kind Of Business To Do With 50,000 Naira
« #12 on: August 22, 2007, 11:58 AM »

It is true that you can do good business of snail farming with N50,000.For further info call 08023050835 or check my profile.
femo2000 (m)
Re: Kind Of Business To Do With 50,000 Naira
« #13 on: December 19, 2007, 11:29 PM »

@gr8t
do you think we are talking about £50,000 here, look this is niaja

@poster
may be you will have 2 start selling colg pure water  haha just joking
but on a more serious note u can start snail farming, grass cutter farming or guinea pig as bush meat

as for me i would advice u to go look for a good stock broker, buy small and active companies on d stock xchange and start trading
u see 20 kobo or 10kobo  diff in share prices will give u good returns if u trade on a daili basis
buying I repeat small and active stocks say between N2 - N4

That my piece
lordy (m)
Re: Kind Of Business To Do With 50,000 Naira
« #14 on: January 12, 2008, 04:18 AM »

It depends on you. But I'll advise you to invest in the sale of gift items; the African Nations Cup is around the corner, take advantage of this opportunity. How? Order for gift items like bangles with names of different countries inscribed on it, jerseys of popular Football Stars, face caps etc. Take them to viewing centers. It sells like wildfire. Nigerians are football-crazy fans, the'll buy these stuff. The ROI is very encouraging, you'll like it.
To your success!
namdo (m)
Re: Kind Of Business To Do With 50,000 Naira
« #15 on: January 12, 2008, 10:30 AM »

I support you putting this money in Ibtc specifically the IBTC Ethical fund. Current price is about N2.19 Your 50k would get you about 22800 units. Their performance is about 57%. Surely fast moving stock would give more returns but picking is the wahala. If you put it into another form of business like snail farm, Bees farm, etc my fear is your ability to do all that would make it prosper including getting reliable sales outlet. But with mutual fund like the one i suggested you would not have a big fear.

Get lucky
namdo (m)
Re: Kind Of Business To Do With 50,000 Naira
« #16 on: January 12, 2008, 10:31 AM »

I support you putting this money in Ibtc specifically the IBTC Ethical fund. Current price is about N2.19 Your 50k would get you about 22800 units. Their performance is about 57%. Surely fast moving stock would give more returns but picking is the wahala. If you put it into another form of business like snail farm, Bees farm, etc my fear is your ability to do all that would make it prosper including getting reliable sales outlet. But with mutual fund like the one i suggested you would not have a big fear.

Get lucky
SOJ (m)
Re: Kind Of Business To Do With 50,000 Naira
« #17 on: January 15, 2008, 11:17 AM »

@ coolanie
are u drunk AngryHuh
get out of here!!! silly rouge!!!419!!!
***forgets unprintable names to call this riffraff!!***
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