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What Business Can I Do In Nigeria With 40,000,000 Naira. - Business - Nairaland

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What Business Can I Do In Nigeria With 40,000,000 Naira. by propertydeyng: 3:23pm On May 09, 2017
I would like to know what business can someone do with 40,000,000 (million naira) in Nigeria).I want a business that i will be able to manage properly.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Nobody: 3:27pm On May 09, 2017
Go into agriculture you won't regret at last.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by propertydeyng: 3:31pm On May 09, 2017
thanks. but what type
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by okunfemm(m): 3:34pm On May 09, 2017
Go into real estate development. check my signature
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by baylord101(m): 3:35pm On May 09, 2017
The 40M just jump enter ur account ni? Go back to the source of the money and focus

13 Likes

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by propertydeyng: 3:36pm On May 09, 2017
Inheritance. The Late can't re die now.

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by propertydeyng: 3:40pm On May 09, 2017
Real Estate vs Agriculture.Which should i go for?
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by rheether(f): 3:42pm On May 09, 2017
So you have 40mill yet you don't know what you wanna do with? Who are you deceiving?

2 Likes

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by psucc(m): 3:55pm On May 09, 2017
Guy pls br ware and use your brain maximally.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by achicares(m): 4:04pm On May 09, 2017
rheether:
So you have 40mill yet you don't know what you wanna do with? Who are you deceiving?

Are you saying that 20M gives ideas?
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Nobody: 4:08pm On May 09, 2017
Just invest 5million in our new startup and I promise you, you won't regret it bro..
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by rheether(f): 4:18pm On May 09, 2017
achicares:


Are you saying that 20M gives ideas?

How did he accumulate the money?

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Emproxy(m): 4:18pm On May 09, 2017
Set up a venture capital firms. Audition entrepreneurs, choose the best and fund them. This is an untapped sector in the Nigerian market today. You can do it, just believe.

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Allstrasse: 4:33pm On May 09, 2017
Emproxy:
Set up a venture capital firms. Audition entrepreneurs, choose the best and fund them. This is an untapped sector in the Nigerian market today. You can do it, just believe.
Smartest idea ever.

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by achicares(m): 5:07pm On May 09, 2017
rheether:


How did he accumulate the money?

I see, you did not go through the posts b4 commenting, he stated that, he inherited it.

2 Likes

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by rheether(f): 5:10pm On May 09, 2017
achicares:


I see, you did not go through the posts b4 commenting, he stated that, he inherited it.

No he didn't.

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Tycike: 5:16pm On May 09, 2017
With 40million you can start 4 bakeries in 4 states.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by achicares(m): 5:38pm On May 09, 2017
rheether:


No he didn't.

On the 5th post, someone made a comment i like and he clarified it on the 6th post
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by funsho75(m): 8:01pm On May 09, 2017
I work in a quarry company..
Getting a compressor and a tippers will give u big daily income
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Phancyorganic10(f): 8:14pm On May 09, 2017
propertydeyng:
I would like to know what business can someone do with 40,000,000 (million naira) in Nigeria).I want a business that i will be able to manage properly.
Hello, am rofiat and am an organic skincare manufacturer, you can invest in my business as an active or sleeping partner and together we can build a really big corporate firm, which you wont regret.
Skincare and cosmetics are really big business right now and very rewarding in terms of profit, and am very dedicated to my work, so within a few months we can make a really big firm.
Please contact me on 08166450456 or email me on aboloreadegbols10@gmail.com
You wont regret it

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Ay04z(m): 9:32pm On May 09, 2017
sha becareful of scammers....dis one wey all of una no know wetin una wan do with money....

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Austin234(m): 9:36pm On May 09, 2017
I was about to blow my whistle before I saw where u said u inherited it. I would advise u to go into agriculture (snailery). Contact me for details
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by dammola: 9:37pm On May 09, 2017
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Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by Nobody: 9:50pm On May 09, 2017
Phancyorganic10:

Hello, am rofiat and am an organic skincare manufacturer, you can invest in my business as an active or sleeping partner and together we can build a really big corporate firm, which you wont regret.
Skincare and cosmetics are really big business right now and very rewarding in terms of profit, and am very dedicated to my work, so within a few months we can make a really big firm.
Please contact me on 08166450456 or email me on aboloreadegbols10@gmail.com
You wont regret it
see this thief grin

Op. Be careful oo. I'm sure by now scammers don send pm full your email.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by RounDVisio(m): 9:52pm On May 09, 2017
I have a real estate innovation that looks to dominate and transform the real estate sector in Nigeria.
This innovation only requires #5million to kick off and return is great.
For further discussion reach me on roundvisio@ gmail. com
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by samdavjustin(m): 9:59pm On May 09, 2017
Thank God you have met me. Am into haulage and I show the way. Haulage is very profitable business with 40m you can have 4 trucks and ready to make money from day one. Call me on 1240-714-1576.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by samdavjustin(m): 10:03pm On May 09, 2017
propertydeyng:
I would like to know what business can someone do with 40,000,000 (million naira) in Nigeria).I want a business that i will be able to manage properly.

Op be very careful there are a lot of scammers out there. Mind you am already in this haulage business and I have proof and can guarantee you will be making money from day one you start working.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by legalexpert: 7:52am On May 10, 2017
since its inherited and a lump sum, go to the bank and ask about their treasury bills. am sure you will get not less than 5m if placed in treasury bills for a year. with the income, divide into 12 parts and be paying yourself a salary for the next year. since income is certain. go and learn. hardwork and learning will beat all online advise. if its agric, go to the farm. if it is real estate, study and attach yourself in a firm for free so you can learn. that's my small opinion. most people will advise you just to eat your money.

4 Likes

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by page5: 8:31am On May 10, 2017
funsho75:
I work in a quarry company..
Getting a compressor and a tippers will give u big daily income

What do you mean by getting a compressor and a tipper?

What kind of compressor are you talking about and what does it do?

Thanks.

FYI, I have a tipper already.
Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by page5: 8:46am On May 10, 2017
samdavjustin:
Thank God you have met me. Am into haulage and I show the way. Haulage is very profitable business with 40m you can have 4 trucks and ready to make money from day one. Call me on 1240-714-1576.
If he invest 40m in four trucks how much do you think he can make from the 4 trucks monthly after all deductions?

I am asking because I am interested

We need to know Return on Investment (ROI)

It is not enough to talk about particular business without stating at least two things.
1) ROI
2) Degree of risks involved.

This two factors, more than any other considerations determine our choice of business.

A greedy man only pays attention to no1, while a cautious man try to balance 1&2 and if 1 > 2 he will do it and where 2 > 1, , then he will run as fast as his legs can .

I am sure the OP also have some business ideas, what he is trying to do is to check if he can get a better one with higher ROI and lesser Risks than the business he is currently considering.

So, whoever is offering a good and genuine business idea will certainly provide information on these two factors i mentioned with verifiable data not cooked or bogus claims

1 Like

Re: What Business Can I Do In Nigeria With 40,000,000 Naira. by samdavjustin(m): 11:49am On May 10, 2017
page5:

If he invest 40m in four trucks how much do you think he can make from the 4 trucks monthly after all deductions?

I am asking because I am interested

We need to know Return on Investment (ROI)

It is not enough to talk about particular business without stating at least two things.
1) ROI
2) Degree of risks involved.

This two factors, more than any other considerations determine our choice of business.

A greedy man only pays attention to no1, while a cautious man try to balance 1&2 and if 1 > 2 he will do it and where 2 > 1, , then he will run as fast as his legs can .

I am sure the OP also have some business ideas, what he is trying to do is to check if he can get a better one with higher ROI and lesser Risks than the business he is currently considering.

So, whoever is offering a good and genuine business idea will certainly provide information on these two factors i mentioned with verifiable data not cooked or bogus claims

Of course I have proof to back my claims only if the op is serious and knows real business when he sees one.

Question 1 ROI on four trucks is around 2m a month.
Question 2 risk involve is moderate i would say. Considering the bad roads we have in Naija and the selfish drivers out there but that shouldn't be a problem with good management.

Keep in mind this is a business not some quick rick scam which promises rediculous ROI.

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