kokaneprodigy:
Hi guys, I currently have a little above 5M in naira idle and I would want to put it into a business/trade. Something with good yield and room for expansion. Basically something I can grow. I don't want to invest it in bit coin/crypto or mutual funds ( i already have investment in those for easy liquidation).
every idea is welcome, thanks.

Please don't DM me.

1. Block molding industry
2. Peanut coating machine fabrication and sales
3. Sports trading with guarantee 50% roi
Need more?
DM me

Register on a freelance website and employ people to work for you.

Location matters. Before investing in any business check the location and know the type of business to delve into. Building materials is bae if you have a trusted person that will put you through.

Cement
Cement business is very lucrative around fast developing areas with 5m you can become a distributor giving to retailers and stocking your own warehouse/shop having an open vehicle for delivery is an added advantage.

Fashion and design
Rent a place, buy machine and employ experienced hands both male and female. You pay based on what they sew then market it via social media. Once you have those that are professional you're in for turn up. ( Some people are professionals but can't afford rent and costly machine so...

Farm
You see piggery farm? My brother na oil well for Naija.
So many business idea but don't forget to do your SWOT analysis wella
Best of luck as you keep it legit

I'm a Pharmacist, u can open a community Pharmacy u can employ me as a supretendent Pharmacist to manage it

Depending on your location,if based in Lagos or Abuja,you can start pharmacy Business...I'm in for business and counseling since is my field.Good luck!

miketayo:
Invest 1million of it in forex and stick to 0.1 lots. U can do whatever u want with the rest

which broker do you use?

Kwara1stson:
I'm a Pharmacist, u can open a community Pharmacy u can employ me as a supretendent Pharmacist to manage it

How much return will a 5m investment yield in a year?

kokaneprodigy:
Hi guys, I currently have a little above 5M in naira idle and I would want to put it into a business/trade. Something with good yield and room for expansion. Basically something I can grow. I don't want to invest it in bit coin/crypto or mutual funds ( i already have investment in those for easy liquidation).
every idea is welcome, thanks.

Please don't DM me.

If you are serious then I advise you invest in spraybooth business its lucrative and also self reliance.Givesnu room for expansion this i can assure u .
If serious and thinking in that direction ,kindly chat me up on 08112099000 let's talk more.Tx

chingle5:
Banditry is the future

lol

studentofTruth:


How much return will a 5m investment yield in a year?

an average community Pharmacy in a good location makes btw 70k to 100k in a day.. not profit thou, normal mark up it btw 30% to 50% , so u r making around 30k profit every day.

forex is the future..keep diging for d skill ..

Do have Flair for the Appliances Industry? You can apply as part of the financial for major electronic dealers and have access to profit sharing monthly while your Capital is intact and you could have documented agreement signed for an investment period of 12months or 2 year as the case may be.

The risk is very little and your funds works for you.

If you have interest in this you may DM me .

Transportation Business
Fish Farming

Depends on your location, invest in scrap metal supply to metal recycling companies. The expected ROI is between 10%-30% monthly depends on availability and prevailing purchase price. You can contact me further for more details. 08062862556

rhames:


Does bread business interest you boss? If so let's chat.

Can't sink 5M into bread business, it is a saturated market from my perspective

InvertedHammer:

/
If you have N5m and come to Nairaland for business ideas, I will take it that you are not serious because what works for A may not work for B.

Sit down and think about your interests or business opportunities around you, put in the work to learn and go from there. There is no such thing like a business you will put X amount to make Y amount. Every business has room for growth and good yield if you apply the right equation. The equation is why A grows while B fails. You are not even giving yourself a room for failure which is very likely.

Why not expand on whatever gave you the N5m in the first place.
/

I already mentioned somewhere I am a career person.

SweetCunt97:
No wife to manage it?

still single at the moment, though dating someone that ''could'' lead to marriage.
However, letting her manage my business at this 'stage' isn't my plan for now.

KC031:
Depending on your location,if based in Lagos or Abuja,you can start pharmacy Business...I'm in for business and counseling since is my field.Good luck!

y copying my business ideas?/

Kwara1stson:
an average community Pharmacy in a good location makes btw 70k to 100k in a day.. not profit thou, normal mark up it btw 30% to 50% , so u r making around 30k profit every day.

Average monthly cost? payment fof salaries, generator, etc?

iwaeda:
.

Leave the country for schooling in Canada, USA, Sweeden, UK, South Africa, Anywhere.

I am at managerial level at one of the multinational FMCGs in Nigeria, can't leave my job for USA cos of 5M. If I am leaving at all it should be on a PR.

If the cash is still available, by first to second week of April come to South south use the money to buy palm oil keep it till July/August. By then you must have got a good business idea of what to invest the money. By then it will no longer be 5m, at least, it must have grown by minimum of 10 percent.

if you can take my little advice sire.
I got 2m last month(pension entitlement of my late mom).

I got one acre of land at osogbo,capital of osun which happens to be 8plot of land for 1m.
The remaining 1m I got another one plot in another area,presently am on it,building two room and parlour at the back end of the land, so I can live in one and also rent the other.
its presently on,and the money took it to roofing level,though I have no money to roof it yet ,but am happy I took the best decision ever.
No business will fetch you good profit now that the economy is down.
if you can get an honest person you can also get acres as future investment and build on other for rent.
cheers and God bless.

why particular bout osun, are you from osun state?

cc guru9ja

SarkinYarki:


Put the 5m into what you got it from

I mentioned I am a career person, I just want to start a business on the side that I can grow with while growing my career.

LagBlogger:
2 cool rides (Hyundai or Kia) for uber and bolt on hire purchase for twice the amount you bought each. Collect 30,000 each per week till driver fully pays off.

Let's say 1.5 each, driver to pay 2.5 each after 18 months. (30k per week till they buy them off)

this sounds good, I understand I would need to involve a lawyer which is okay by me.
are u experienced in this trade and how else can one ensure the drivers turn up as agreed.

I think some people already mentioned the pharmaceutical industry.

That thing na blood money

BruncleZuma:
Rule Number 1: Don't take any advice from Nairalanders that involves investing in their lucrative business ideas and collecting returns.



[img]https://media1./images/693da53e6100413d936cf4e38cdb499d/tenor.gif[/img]

noted thanks for the heads up

kokaneprodigy:

I mentioned I am a career person, I just want to start a business on the side that I can grow with while growing my career.

.

Okay ....I can't say anything on 5m sha ..I can only advise on 100m and above

ahmedio:
Take a studio apartment on lease. 20 years lease is 2.5m around Unilag. Rent it out at 400k per anuum. Steady income with no stress.

If you take 2 rooms on lease you will be making 800k annually for the next 20years. That is exclusive of the caution fee and agreement you will collect on every new tenant

How does this work? What are the intricacies?

Apple � business is the way.

Apple fruits grows is South Africa in large quantity.

A 40ft container houses about 1176 cartons of apple.

You earn about 1.5m to 2m on a container within 30days of it's arrival from south africa


My DM is open for business
07030966802