This list of business ideas in Nigeria is made up of authentic business ideas, not just some randomly selected junk businesses, they are time tested, carefully selected, high performing businesses you can stake your hard earned capital on and be sure of making profit. These businesses are up to date and relevant in 2016 and beyond. But before we proceed, I want us to look at some of the vital reasons you must start a business in Nigeria today.


Why You Must Start A Business In Nigeria Now
The reasons why Nigerians are fleeing their own land that is flowing with milk and honey to scavenge in another lands that does not have half of the opportunities we have here is simply difficult to explain. Why would Nigerians leave the massive business opportunities in their land and choose to travel far and wide to slave, leaving the wealth back home for South Africans, Lebanese, Indians, Chinese, even Egyptians to plunder?
Most of the current fastest growing businesses and companies in Nigeria are owned by the foreigners. We want the equation to change, go through the infograph below, see why Nigeria is the Africa’s testing ground for business and begin to take the opportunity.
Business In Nigeria Profile
Now that you are ready to go, click on any of the business ideas and further read the detail about the particular business of interest. And in case you need additional help, you can drop your question or comment under this article or any of the respective articles for further expatiation.
List Of Top 20 Most Lucrative Business In Nigeria
1. Agriculture
This is the next revolutionary industry in Nigeria where millionaires are currently being made. Nigerians both home and oversea are beginning to wake up to the huge potentials in Agribusiness, a sector we have been neglecting over the years due to the discovery of oil. Now that the oil is drying up, people are beginning to look into other sectors of the economy to create wealth. Below are some of the farming in Nigeria that are serious making profit for people now:-
Poultry Farming
This business is making average Nigerians rich. It is so lucrative that even outsiders are coming in to invest in poultry farming the business in Nigeria. And why not, In a country of more than 150 million people, what would you expect? If you start with 1,000 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making millions annually.
Cassava Production
People are beginning to turn their attention to this aspect of farming in Nigeria that have been neglected for years. Cassava derived foods are some of the most consumed in Nigeria. If you can invest in cultivating 50 – 100 Acre in a fertile area like Ondo State, your harvest will be great.
Snail Rearing
Snail farming is one of the choice Animal farming for many reasons. It is a low capital investment with high yield and the market is big. There are few people currently doing this – and most of them are doing it in a very low scale. If someone invest heavily in Snail farming, he is sure to make good money in Millions within a year.
Rice Farming
Rice remains the most consumed food staple in Nigeria and Billions of dollars goes into importation of this product yearly from China and Thailand because the local farmer are unable to meet up the demand due to poor funding and limited knowledge. Anyone who have a million dollar to invest should get in touch and partner with me with 100% return. $1,000,000 = $2,000,000 guaranteed.
2. Sale of Furniture
Buying and selling of Locally make furniture is a goldmine. You don’t need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sale in your showroom. It is a very big business in Nigeria as only few can afford the imported designers.
3. Making of Fruit Juice
Nigerians drink fruit juice more than any other people. That’s why companies like La Carcella and Chivita who came into the country as nobody are today making billions of naira annually. This business in capital intensive but if you can afford it, it’s well worth it.
4. Pure Water Production
You know how popular this is in Nigeria and how many that are dispensed daily. Though this business is capital intensive but well worth investing into, especially if you can manage it properly with professionalism.


5. Oil and Gas Business
We are blessed and cursed with huge deposit of oil in our land which presents some of the finest business opportunity for Nigerians and Foreigners. Owning a Petrol Filling Station, Supplying of Diesel, and Distribution of Kerosene are some the areas you can invest easily and make good money for yourself. Petroleum product marketing have been making millions for people and creating millionaires in Nigeria for years.
SEE ALSO: How To Become A Player In The Nigerian Oil And Gas Sector

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