Hello Nairalanders,

What business can one invest in with a reasonable risk level and with good/quick returns and profit turn around in Nigeria. Investment amount is between 5 to 7 million Naira.

Please advise. Thank you

Fish Farming.. Just learn from a reputable farmer.. Start small to learn in and out and grow gradually. Although you cant make quick profit here.

Hi, am benedict and am seeking investors in my transport startup in Abuja. Its been well researched and i have reasonable managerial experience. The business is worth it and u can b part of the next big transport business in Nigeria. I can give more info including a business plan and financial projection. Thanks

Hello Benedict, Please DM me. Thanks

Alexious:
Hi, am benedict and am seeking investors in my transport startup in Abuja. Its been well researched and i have reasonable managerial experience. The business is worth it and u can b part of the next big transport business in Nigeria. I can give more info including a business plan and financial projection. Thanks

IamDoughyean:
Hello Benedict, Please DM me. Thanks

I just did and u can reach me via- benedictadeyemi65@yahoo.com

IamDoughyean:
Hello Nairalanders,

What business can one invest in with a reasonable risk level and with good/quick returns and profit turn around in Nigeria. Investment amount is between 5 to 7 million Naira.

Please advise. Thank you

With reasonable risk level will also translate to reasonable and not so attractive profit/returns.

I can only advise you to undertake the FMCG approach. Fast Moving Consumer Goods is a wonderful investment especialy if you invest in something that the greater part of the population can utilize as regualrly as possible.

With 5 million Naira you can take the following steps;

1. Identify a reasonably new product from the dstables of a relatively medium sized company.


2. Identify an area in a major town rhat is yet to have the product and seek out an exclusivity arrangement with the preferred company.


3. Create an effective distribution chain that ensures that the product attains a high level of awareness thus generating significant demand.


4. Ensure consistency in the market place through product availability, price stability and persisitent market expoansion activites.


5. Coast home with profitys not less than 5% monthly for as long as the denominators remain constant.

Nah! there is no paucity of products.

Several products exist that you can tap into and make unprecedented profits.

Some of them are even advertised here on Nairaland.