i-Guru:

Hello Sir's,
I have #100k, i want to use this money for business, but i don't know which business to start in lagos/naija.
I was thinking of transportation business. Am just 19yrs.

e: What Kind Of Business Will Someone Start With N100,000 In Nigeria?
« #14 on: April 05, 2007, 12:59 AM »

Buy 10 bags of Quality rice at 5000 naira per bag.
Share them into 2.5kg packs= 20 packs per bag.
Sell 2.5 kg packs in beautifully branded sachets to supermarkets,convenient stores,markets etc at 350-400 per pack wholesale.
Project Cost & Profitability.
10 bags of 50kg rice =200 packs of 2.5kg
10 bags 0f 50kg rice= 50,000 naira
Cellophane+Label packs=3 Naira/pack x 200= 600 naira
Distribution= 5000 naira
Marketing= 3000 naira
Miscelleanous=1400
Total Investmemt= 50,000+600+5000+3000+1400= 60,000
Return on Investment
200 packs at 400 naira each = 80,000 naira
You make a profit of 20,000 naira on your 60,000 investment.
It shouldn't take you 1 day to sell off 200 packs  if you are a good marketer.On the other hand you can leave the marketing to an experienced distributor.
At 2000 packs  a month or 80 packs a day you should be making a cool 200,000 naira per month on a 60,000 naira investment.
For a good sample of a nice pack, i can send u a mail.
There's a million other things you can start with a 100,000

growrich:

YOU can make #50,000 or more every month on your #100,000
as a member of UK MILLIONAIRES CLUB.
Yes, we will help you set up a business system that must make you
cash monthly without giving us your hard-earned cash.
Pls be careful of giving anyone your #100k because there are alot
of scams these days.
So, go thru proof(s) of any biz you want to do with anybody.
horemnet@yahoo.com
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Ltrust:

Exporting of local commodities has proven a very lucrative business. What if i take you product sourcing, development,assurance,export procedures, registrations & documentations, challenges, financing,packaging, labelling, pricing, research and many more/07033097160. Goodbye.

ebenezer95:

thief , 419. scammers are all over Nairaland Please be carefull they jealous your little age and thinking a good idea to rip u off if those guys re making money from there business they will never come here and tell you ,

stagger:

Run away from people like this. How can you start exportation business with N100k?

OP, look for things of value that you can sell for profit to recover your money. A girl I know made 100k in 1995 repackaging and selling honey to supermarkets. This is 16 years ago. Imagine the value of that money.

xanadu333:

send the money to my account and i'll do my do the biz for u and give u a return every 2-weeks. i'll give you 20k every 2weeks, till u're ready to pull-out your 100k.