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10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. - Business - Nairaland

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10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Kangol99(m): 5:14pm On Feb 04, 2016
If you want to earn more than one million a year you should choose an area of your business very carefully. Here are 10 lucrative businesses in Nigeria you can invest your money and be sure of making millions back.

1. E-commerce Electronic commerce is the easiest kind of business to start. The best thing about the e- commerce is that you have already millions of online “customers”. You just need to turn them into buyers of your products.

2. Poultry Farms This kind of business is very lucrative. Even some foreigners are coming to Nigeria to invest into it. If you start with a farm of 1,000 chickens and will develop it properly, you will be earning nearly N30 million annually

3. Second hand clothes Many Nigerians prefer to buy used clothes of good quality instead of cheap fakes. The cost of importing used cloth is very low, which guarantees good turnovers of your investments.

4. Snail farms These farms are quite popular in Nigeria. They need low investment to start and don’t need any special equipment. But the area is big, as well as the market.

5. Fruit juices Nigerians consume more fruit juice than any other people on our planet. This business is tough and it needs big starting capitals, but if you are able to afford it – it is totally worth it.

6. Oil and gas Our land has great deposits of oil and gas. So the land itself presents the best opportunity for its citizens. Some finest businesses in Nigeria started from owning of petrol filling stations or gas logistics. These areas are always good for making money.

7. Professional car wash The main thing in this kind of business – good management and a right place. Try to choose a strategic place for example in Lagos or in other city overcrowded by cars.

8. Construction materials House construction is on its peak now in Nigeria. So if you will manage to become a local dealer of construction materials it will surely bring you some good money.

9. Rice farming There is never enough rice in Nigeria. That’s why government imports it from Thailand and China every year. You should prepare to invest hardly in good labour and farming itself, but the result is worth it.

10. Hotels and estates Business with property is probably the biggest opportunity to make money in Nigeria. Invest in a small hostel or a mini hotel. Also, you can just rent some property. And then you will see how the money flow in.


https://www.naij.com/301062-10-ways-become-young-millionaire-nigeria.html

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Venzal: 5:28pm On Feb 04, 2016
Nice list; quite comprehensive.

There's lots of cash to be made from farming, especially livestock farming. But people don't want to do ''dirty'' work.

My dad (at 67) is planning on rearing grasscutters. And knowing how sharp his business acumen is, I am 100% sure he is going to crush it.

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Ayomel(m): 5:30pm On Feb 04, 2016
No 10 hotel and estate is the best place to invest my opinion

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by timilehin007(m): 7:38pm On Feb 04, 2016
H
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by ademoladeji(m): 7:39pm On Feb 04, 2016
11. DasukiGATE All you just need is to tell Col. Sambo Dasuki that GEJ verbally asked you to collect N321m only from the $2.1m arm's fund. No other protocol is needed!

86 Likes 5 Shares

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by tallfish145(m): 7:39pm On Feb 04, 2016
Sport betting

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by cutetopsey(f): 7:39pm On Feb 04, 2016
OK. Noted!
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Nobody: 7:40pm On Feb 04, 2016
corruption is d only bizness dt pays in naija...no dey give urself hope

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Teewhy2: 7:40pm On Feb 04, 2016
Farming ,mining and manufacturing is the way forward in Nigeria this 2016.

I want to use this medium to say a big thank you first to GOD and to all Nairaland's who despite they busy schedule and quest to make FP still had time to vote for baby Enyijuoluwa Aviela Adekoya and made her qualify to the next stage of the #CussonsBabyMoments competition . I will like to also thank seun for providing this great platform that brings a lot of us together despite our physical distance .my appreciation also goes to the MOD'S despite going against the law that made them ban me four times and delete some of the post that I used to campaign for my Baby still find a kind heart to leave some of the campaign post, which allowed her to gather enough votes to move to the next stage.
GOD will bless you all and absolute possibility is your portion this year IJN. Baba GOD will pick your call IJN

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Wizberg12(m): 7:41pm On Feb 04, 2016
Pure water factory

Bread production

Yogurt company

Hostel buildings

Hotel buildings

filling stations

23 Likes 1 Share

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by emmyw(m): 7:41pm On Feb 04, 2016
Do what you have passion for and you will be successful

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by engrMikemd(m): 7:41pm On Feb 04, 2016
11 politics

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Abbeyunique2(m): 7:42pm On Feb 04, 2016
nice one op.
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by BusinessHub1: 7:43pm On Feb 04, 2016
fact
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by HAH: 7:43pm On Feb 04, 2016
Bread making should be on the list

Let's assume 10% of nigeria eat N100 bread daily that is, 17,000,000*100= 1,700,000,000 that is whooping one point seven billion daily


Another venture that will make sense is wheat farming which is used in making flour, wheat is also imported like rice into Nigeria from Asia, imagine venturing into wheat farming and making one of the flour mills as your customer and if you have the resources start your own small flour mill

NB the op is clueless when it comes to poultry farming to say you can make N30 Million annually with just 1000 hens, let me educate you Mr, op the best form of poultry farming is layers with 1000 hens you can make 30 crates daily 30*600=18000 daily so monthly will be 18000*30=540,000 now annually will be 540*12=6,480,000 now less your cost of purchase, feeding, vaccination and housing, I bet if you will make more than 2 million profit

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by ASAbraham(m): 7:43pm On Feb 04, 2016
God bless my hustle as I end the war against poverty in my life this year 2016. Amen.

15 Likes 1 Share

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Nobody: 7:43pm On Feb 04, 2016
seen
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by KINGinVAHALA: 7:43pm On Feb 04, 2016
CindyeMerAld:
corruption is d only bizness dt pays in naija...no dey give urself hope
Has corruption ever paid you before?

7 Likes 2 Shares

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by ladycomfort(f): 7:43pm On Feb 04, 2016
What about transportation business.

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Nobody: 7:44pm On Feb 04, 2016
All these ideas are good, but capital is a real problem. I am still interested in rice Farming, if i can get capital and machinery.

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Abidex35(m): 7:45pm On Feb 04, 2016
fellow NL, once you recognize an opportunity, take a step & start 'with what you have' and not 'what you ought to have' , you are thinking of starting a business that needs 100 items, and you have money that can buy just three items.....start with that three, Yes bro, its possible.

you've got an idea that can turn you into a millionaire in just 6 months, maybe most likely a contract, a partnership, a deal, a offer or so, and it would cost you 'what you don't have' to make it a reality, I will advice you start with that other idea of yours that can make u pennies from d little u have, let the penny profits keep adding up and keep getting d bills paid but your eyes still fixed on 'the mega idea' , the little pennies that have added up will pave way for u to start that 'mega', surely better than keeping idle D little u have and dreaming of a manna from heaven that will hand u d money to make d 'mega' a instant reality.

Stop Dreaming & Start Acting.
Start with 'what u have' not 'what u ought to have'.

20 Likes 4 Shares

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by succyreal(m): 7:46pm On Feb 04, 2016
thanks God I have invest on snail farming. waiting to count in million soon. you guys can join me. for more info on snail farming and snail products call 08032576708

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by yinka2011: 7:46pm On Feb 04, 2016
[size=18pt]What abt stock market ...I mean Easykobo ...prices are very low now[/size]
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Marriott1980(m): 7:46pm On Feb 04, 2016
Second hand clothes business is a good business. So i have a friend that goes to Goodwill Warehouse here in America and buys Fairly used clothes, most of these clothes were worn only once or twice and he ships to Nigeria in bags. I can tell you categorically that he makes mad profit on it. The last shipment i know of sometime in November last year, he shipped 10 big bags of clothes, shoes etc to Nigeria and he sold a bag for 80k bringing the total sales to 800,000 naira, mind you all the 10 bags cost him $1050 here in the us because they sell the clothes @ $2.1/lb now do the maths and calculate the profit.

7 Likes 1 Share

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by bqlekan(m): 7:47pm On Feb 04, 2016
OP forgot paint production, try this biz, you won't regret it... grin
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Nobody: 7:47pm On Feb 04, 2016
KINGinVAHALA:
Has corruption ever paid you before?
ask our leaders...

1 Like 1 Share

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by KINGinVAHALA: 7:49pm On Feb 04, 2016
@Op your list is incomplete without sport bet. yeah, i know its gambling, but it pays more and faster than those you listed. imagine investing 100k for just 5 odds(barca win, psg win, bayern win, juventus win, psv win, benfica win, napoli win, olympiakos win, apoel win, AEK Athens win) and within maximum 48hrs your money would turn 500k. tell me if even oil & gas wud pay you such in 7 days.

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Alaminz(m): 7:52pm On Feb 04, 2016
u can bring million only when u have million...bro.......so where is the million to start this.....

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Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by KINGinVAHALA: 7:52pm On Feb 04, 2016
CindyeMerAld:
ask our leaders...
Which of our leaders should i ask?
Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by Khan1993: 7:52pm On Feb 04, 2016
11. Transportation business: This business is a hit. Do you know how much danfo drivers make in the busy roads of lagos per day? Well it quite a lot.
You could even step up your business by registering a nice ride at airport roads to transport travellers to their abode. I heard it pays well.

4 Likes

Re: 10 Kinds Of Business That Can Bring You Millions In Nigeria This Year. by 2tek: 7:53pm On Feb 04, 2016
sports investment(NOT GAMBLING). with sports investment, the bettor/punter always win but with GAMBLING, the house/bookmaker always win. Ur ability to differentiate between these 2 can fetch you MILLIONS.

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