Are you an entrepreneur or investor looking for where to invest your money to get good returns? do you want to know where to find fast growing business ideas in Nigeria.



Initially Nigerians weren’t serious about tapping into business opportunities and left all businesses to foreigners.

Even Nigerians abroad who has stayed over 10 years and made a lot of money are scared of coming too invest in Nigeria, rather than taking the currency advantage between the naira and dollar, euro or pounds they rather stay abroad because they fear the uncertainty of doing business in Nigeria.

Thankfully Nigerians have woken up,many people are coming up with intelligent business ideas and setting up lucrative business.This is not unconnected to the fact that the federal government have in recent years encouraged and rigorously supported the establishment of small and medium sized businesses as a strategy for stimulating Nigeria’s economic growth.

So the question remains, what are some small sized businesses I can do in Nigeria in 2018?

1. Agriculture



Agriculture remains one business that can never die out. Agriculture here entails crop farming and animal husbandry.Investing in agriculture is a smart one, because some items such as poultry, fish and groundnut oil and are regarded as contra-band, this however gives room for investors to make huge amount of money due to limited competition from foreign countries some the items you can produce for sale include rice, Frozen poultry, fish, live stocks e.t.c .



2 .Web design or development



If you have passion for tech and can stay on your PC,web designing is just for you.
If you don’t want to crack your brain into learning programming languages such as php javascript, ruby E.t.c you can simply opt in using content management systems to deliver clients jobs.But if you want to take your skills to the next level you should consider learning programming languages such as php.
In this era where businesses are being taken to the internet web designers remain indispensable.

3.Laundry Services


This is one of the fastest growing business in Africa especially Nigeria.A lot of people have done really well in the laundry business.There are lots of people who are overwhelmed by work loads and do not have time to wash their clothes, your service to them would be very essential. A clear example of a successful laundry business is prime wash.

4 .Phone repairs



Nigerians are exceptionally good in changing smartphones,there is an unending market for smartphone repair, in a country where you hardly see an adult without a mobile phone. This indicates that this is a huge market in which you need to delve into.

READ Challenges Facing Start-up Businesses and Entrepreneurs in Nigeria
5 .Transportation



In a country of over 160 million people you, where lots of individuals are looking for greener pastures, people tend to move from one location to the other in order to make ends means.
You can actually be a problem solver if you start a mini transportation business ,you can start this transportation business within a state or inter-state service
To demonstrate the good mind that exist in the transportation business,where I live in port Harcourt an average capital accumulated by the by the conventional Keke-napep witin the range of 10-15 thousand Naira( Fuel inclusive and others).



6 .Restaurant business


In Nigeria restaurant business has continued to flourish. This sector can never go out of fashion because “man must chop”.
You could set up a good restaurant in the densely populated area, where there are few restaurants or close to a company that has large workers base.

7. Export business


Exportation business is an industry that contribute 23% of the country’s gdp.

Wouldn’t you want to tap into this Goldmine and make mad profit.

Firstly you will need to :

Register a business name.
Find the products to export.
Determine the price of your product.
Source for foreign buyers of your product.
Find suppliers of your products.
Get logistics.


7. Internet Service Provider



Starting an internet service provider business is not an easy task but if planed well and having accessibility to the right resources- it is neither impossible.The biggest challenge of becoming an ISP is the huge amount of initial capital required for licensing, procurement of equipment and infrastructure.

The demand for fast internet with 24/7 up-time in Nigeria would move any smart minded entrepreneur to venture into this sector. A very good internet service provider in Nigeria is the smile network, which is extremely fast and considerably affordable

8. Salon



There is one thing that is certain in life ,everyone wants to look good especially the ladies.Ladies can go extra mile just to look attractive in the eyes of men and even compete with fellow women to make them envious .

The hair is just one of the major part of the body that can bring out one’s beauty,women in particular are very passionate about their hair.When you list out businesses that brings out instant revenue hair-dressing would be among the list.

9.Photo Studio

Would you inception of digital photography. Photography business in nigeria has become a lucrative one the photography business is extremely demanding in terms of work hours but extremely rewarding also so if you have a passion of taking photos is a perfect industry for you

With the inception of digital photography, Photography business in Nigeria has become a lucrative one.The photography industry is extremely demanding in terms of work hours but extremely rewarding also. So if you have a passion of taking photos, This is a perfect industry for you.

source: https://rubinuvia.com/small-scale-business-ideas-in-nigeria-2018/

lt's a pity because getting the capital to start the business is as hard as trying to work on water, couple with lack of stable power supply which kills so many upcoming and small businesses

Wow! Eyes on the saloon

Ok

Okay... Noted

Nice

Are you in anyway related to lala

Team Web Developer....i love to code

Laundry business is one sure lucrative business in Nigeria.. The good thing about it is you can start with little or no capital..

My formal employer started the business with 100 naira to buy soap.. Even the #100 was given to him by a friend, now he's one of the big boys in laundry and dry cleaning business

We keep recycling same ideas over and over again


Check out this thread, you will love our little Princess and vote her...

https://www.nairaland.com/4414176/princess-success-needs-vote

The only problem with all this fast moving business ideas is the common denominator which kills all businesses in Nigeria. (Lack of electricity, good roads and the corruption). So you are back to square zero.

You've tried it elsewhere and it seems not to work... Now come let's do it together. We teach, educate, and sell tools. Just a click on my signature….. If you know, you know.

Freethought:
Laundry business is one sure lucrative business in Nigeria.. The good thing about it is you can start with little or no capital..

My formal employer started the business with 100 naira to buy soap.. Even the #100 was given to him by a friend, now he's one of the big boys in laundry and dry cleaning business

You deserve a medal for this fantastic lie

Good One OP

Another problem with Laundry business in Nigeria is that a lot of them cannot differentiate Laundry from dry cleaning. Take your dry clean only garments to them and that is the end.

Thanks for the info bro!

planning to invest on restaurant.... so help me God.

Abduction of girls ...lucrative in Northern Nigeria nowadays.

Nice

A bad workman will always blame his tools

marylandcakes:
The only problem with all this fast moving business ideas is the common denominator which kills all businesses in Nigeria. (Lack of electricity, good roads and the corruption). So you are back to square zero.

Well, I repairs phone at Computer Village, Ikeja. I'm glad I'm on point ���

what about fashion designing?

Well done OP.

More Nigerians should get involved in starting businesses of their own, be it part-time or full-time, as it helps in poverty alleviation, reduce unemployment in our society, boost the economy and even reduce crimes.

If you need information on how you can RAISE START-UP CAPITAL FOR YOUR BUSINESS, see them here:

http://myafribusiness.com/how-to-raise-start-up-capital-for-your-business/

Try #Can Recycling and thank me later.
Store up 50kg worth of Cans or more and sell to me

I buy at N50 per kg

Recycling is the next deal

It is a business you need no capital to start with

10. Begging. All you need to do is go down to somewhere very far from your area, make sure u look good and stop people to ask for help as you just lost your job or perhaps feel sick and need medical attention.

On a serious note it's crazy the number of people begging on the streets of Lagos. It's alarming to say the least.

Makanjuola89:

You deserve a medal for this fantastic lie

looooooooooool y do u hav to say so

ClintonNzedimma:
Team Web Developer....i love to code

Coding rocks!

Spygadgets19:
Try #Can Recycling and thank me later.
Store up 50kg worth of Cans or more and sell to me

I buy at N50 per kg

Recycling is the next deal

It is a business you need no capital to start with

. How can I start this?

idongesit88:
lt's a pity because getting the capital to start the business is as hard as trying to work on water, couple with lack of stable power supply which kills so many upcoming and small businesses

Stop this capital excuse like i often tell many Nigerians. Go and offer a service and people will pay you and you can then save to raise capital for the business idea of your mind.

obatoro:

Coding rocks!

Help me. I want to learn

I need more ideas on exporting business especially for groundnut, registration, how to source for buyers and the transport process

And you wan drive Range or Benzo... Op u no well.