Do you intend to start a business of your own here in Nigeria but finding it difficult to pick the right one you can invest your time and money into and be guaranteed of a consistent income? Not to worry because in the article, I will be listing the various most lucrative businesses you can start in Nigeria.

Starting a business is something everyone should consider doing most especially if you are a fresh graduate instead of waiting for white collar jobs that are not even there or are been given to some selected few.

Despite the fact that it looks like the Crude Oil business is the top earning business in Nigeria which is true but requires large capital to start, there are other businesses that people can venture into and make a good return on investment aside crude oil.

Here is a list of the most lucrative businesses you can start in Nigeria

Internet Business

I so much love this business. The internet has provided a great platform for people to make legit money irrespective of your age, there are different businesses you can start on the internet which includes blogging, vlogging, app development, web designing, freelancing, affiliate marketing etc.

The internet also helps local businesses to get more exposure there by bringing more customers to them and increasing their sales. No matter the kind of business you intend to go into, you should also think of taking your business online.

Fashion

The fashion business is one of the fastest growing businesses all over the world and Nigeria is also a very good country to start your fashion business. This billion dollar industry still has room for new start-ups. The fashion business has grown from just clothes alone but to other items that up fashion which includes bags, shoes, watches, eye glasses etc. you can decide to venture into any of the different fashion business and make good return on investment.

Agribusiness

Agriculture can be considered as the second largest business in Nigeria and it is something no one can do without. There are millions of Naira to be made in this business. There are different agribusinesses anyone can start ranging from poultry farming, cassava production, rice farming, fish farming etc. This is a business that is in high demand because people cannot do without it.

Haulage

Every day, goods are being moved from one place to another and since it is very expensive to move goods in the air and the bad state of the rail transport, this makes road the alternative for people and makes the haulage business a very lucrative business to venture into. There are different goods that needs to be transported around which includes agricultural products, building equipment’s, petroleum products, plants and equipment’s etc. All you need is a truck that has the capacity to carry large amount of goods. The least business when it comes to haulage is the carry of people’s property and you can make up to ₦15,000 per trip.

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