Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,816 members, 7,956,081 topics. Date: Monday, 23 September 2024 at 01:03 AM |
Nairaland Forum / Nairaland / General / Business / What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? (39192 Views)
How To Make 100-1,000$ In As Little As 30 Days / Setup Powermta,smtp,mailwizz,interspire,postfix,blast Email To 100m With N15 / Tara Fela-Durotoye: I Started Makeup Business With N15,000 (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down)
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by SmartPolician: 3:46pm On Aug 24, 2021 |
Sonnobax15: Huncle, don't rush to comment; read the article first. |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Kolisky(m): 3:46pm On Aug 24, 2021 |
Livegamesonly: I did as you said… And I surely used your name as referral Thanks for the information 2 Likes |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Steve0979(m): 3:50pm On Aug 24, 2021 |
Play man c v assnal home.... PSV v grongen home...... Barca v getate 1x put 1 million |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Gideon20(m): 3:51pm On Aug 24, 2021 |
Fish and chicken feed production and sales, as well as fish farming. |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Truvelisback(m): 3:55pm On Aug 24, 2021 |
Build a public compound with shops at the front, sit down, relax and see ur money coming stresslessly. |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by eisley: 3:55pm On Aug 24, 2021 |
AlmaIganishire:There is a 15 million naira prize up for grabs, simply join The Next Titan 8.0 via the link on my signature.
|
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by allawizzow(m): 3:56pm On Aug 24, 2021 |
There are enough businesses. Agriculture like small scale rice production/milling. In a short period, you'll realize your investment because of the demand and consumption rate in Nigeria. Another one is pharmacy. It is lucrative because of its high profit margin. You can make up to 40% gross profit on every product sold. In a very commercial location, you can make more than 100 million in a year, with a gross profit of 40% equalling 40 million. If your whole administrative expense 20 million, optimally, you can make 20 million net profit in a year. I can write a business plan and cash flow projection for you on this. 15 million is more than enough. You can reach me 2 Likes |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by einsteine(m): 4:01pm On Aug 24, 2021 |
The reality of the situation is that the environment for business in Nigeria is extremely tough so ideas alone may not help you. Do you have the fortitude to succeed and meet challenges that you might not have initially envisaged? That said, here are some ideas that will yield profit if you can get the actual operations correct: Smart E-commerce (Find fast moving and/or unique products that Nigerians can buy, use facebook and google ads to promote them and sell them online and via social media channels) Agro-commodity trading: The margins are thin but you can make money trading agro commodities. However, you have to do a lot of legwork. For anybody who wants to do this, I recommend focusing on commodities that don't have a lot of sellers. For example, buy melon in Nassarawa and sell in Lagos or Port Harcourt or buy Plantains from Rivers state and sell in Abuja). Don't do palm oil or Yams or tomatoes for instance as they are saturated and the markets are filled with cabals. Agro-commodity export: Source export contracts. Your capital would give you a negotiating edge when sourcing the actual products. Commodities to consider include ginger, sesame, and shea nuts. Crypto-staking (Yield Farming): A lot of people think the only way to make money in crypto is to buy speculative coins and hope for the best. Or to trade futures, taking huge financial risks. Or attempt to time the market and make 10% per day. No. With yield farming, you can make 3-10% per month guaranteed without loss of capital by essentially providing finance for the speculative activities in the crypto market. Your capital and returns are guaranteed but you need knowledge to know the protocols, platforms, techniques and risk mitigation strategies needed to do it successfully. That said, the vast majority of businesses in Nigeria will fail as the environmental factors militating against businesses are so many. You may be better off taking 15 million and buying treasury bills. 5 Likes 1 Share |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by einsteine(m): 4:02pm On Aug 24, 2021 |
allawizzow: Are you aware you are not allowed to open retail pharmacy stores if you are not a pharmacist? Even as an investor, you can only be a minority investor. 4 Likes |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by einsteine(m): 4:04pm On Aug 24, 2021 |
engrglover: Pretty sure you are just a writer. Right now, primary agriculture is one of the most difficult businesses to succeed in Nigeria. Anyone who has done it and is willing to tell you the truth will tell you just how difficult it is to make money from agriculture. Everything that can go wrong will go wrong. 6 Likes |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by adonainana: 4:06pm On Aug 24, 2021 |
Go on Jiji and search for old houses for sale or look around in towns and centers for houses or bungalows in an open location up for sale Most buildings you will see that are cheaper than below 5 million are either abandoned or old houses. Buy it convert it to a guest house or a hotel depending on the size. Renovations would take between 3-5 million Open it up as a guest house with a drinking bar etc etc Thank me 3 months later Keep the remaining change of 5 million naira in your domicciliary account Don’t Avoid buying houses inside of neighborhood cos hotels and guest houses thrive the most on open soil and open roads Life changing decision whoever takes this takes 2 Likes 1 Share |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by BigDawsNet: 4:08pm On Aug 24, 2021 |
Go back to southwest in Osun, Ekiti or Oyo states...locate an institution town or city...start building a twins students hostel Some hostel pay minimum of 100k per annual 3 Likes 1 Share |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by BigDawsNet: 4:09pm On Aug 24, 2021 |
Go back to southwest in Osun, Ekiti or Oyo states...locate an institution town or city...start building a twins students hostel Some hostel pay single room minimum of 100k per annual 1 Like |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Livegamesonly(m): 4:18pm On Aug 24, 2021 |
Kolisky:if you are on telegram..search pi network Nigeria....they can put you through things you don't understand...or you mention me.. |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Kolisky(m): 4:21pm On Aug 24, 2021 |
Livegamesonly: Ohh, I will kindly search them on Telegram If you also don’t mind adding you up on WhatsApp?? |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by bjdon: 4:29pm On Aug 24, 2021 |
You can partner with Sheik Gumi. Gumi.com are looking for franchises all over west africa for their booming kidnapping business. Gumi.com will give you all the training and assistance you need in order to become a profitable kidnap franchise operator in as little as 30 days or your money back. Gumi.com, a name you can relay on!! 1 Like |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by MITCHELL96: 4:29pm On Aug 24, 2021 |
nairavsdollars: You're Mad My Chest ooooo |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Dujardin(m): 4:32pm On Aug 24, 2021 |
Fucking leave Nigeria... |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Frenzy01(m): 4:33pm On Aug 24, 2021 |
Come and invest in my dog business ... I sell and I buy any breed of dog swiftly at a very reasonable price. Pet care and boarding services also available. |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by magictonic(m): 4:38pm On Aug 24, 2021 |
following... |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Chibokgame: 4:40pm On Aug 24, 2021 |
If You can not decide now on what to start. You can start up a recharge card printing, afterall there are people looking for a #100,000 and yet they already know what to do. 1 Like |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Enimoney3: 4:46pm On Aug 24, 2021 |
Go into property development. There are so many developer who are looking to join hand with investors that has cash at hand. When you guys sign a house, I mean building a house from scratch. It's highly lucrative. |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by smeag0l(m): 4:47pm On Aug 24, 2021 |
Please just make sure any business you do in Nigeria ,you monitor it yourself. I've done businesses in Nigeria and owing to my job I couldn't monitor properly and then it went down. People are evil and will run you down. The only one I managed to run over two years was a poultry with 3000 layers and that was because I had CCTV installed so my staff couldn't steal. But then they connived with people from outside and were carting away my eggs in the middle of the night while the gate man feigned falling asleep. 11 Likes 1 Share |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by AlexB300: 4:47pm On Aug 24, 2021 |
Visa |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Shalym: 4:52pm On Aug 24, 2021 |
If I get this kind of ego, I will just locate any higher institution environment and build just face me and face bungalow below the normal standard and a flat and also invest on farming. May God bless me with this money 2 Likes |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by colestephan86: 4:52pm On Aug 24, 2021 |
Abiodunspectre:If I have these kind of money, I will just start building houses on the mainland and resell |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by pharrelaustin: 4:53pm On Aug 24, 2021 |
Kind of development NIGERIA WANTS Not BBNAIJA |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Eddygourdo(m): 4:54pm On Aug 24, 2021 |
chatinent:hello. Can we link up so you tell me more about this business |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by udemzeus(m): 4:55pm On Aug 24, 2021 |
Start an industry, produce something, cost of power generation might be on the high side . Go to made-in-china.com 1 Like |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by princewarri1985: 4:58pm On Aug 24, 2021 |
That's alot of money and i will advice you just leave the money in your account and be eating it small small |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by xtremeTall(m): 4:59pm On Aug 24, 2021 |
Sonnobax15:same here. We go dey alright bro |
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by princewarri1985: 5:00pm On Aug 24, 2021 |
That's alot of money, and i will advice you just leave the money in your account and be eating it small small |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)
Tony Elumelu Hails Dangote As They Meet In Abuja (Photos) / Man Exposes How Traders Reduce The Content Of Bags Of Rice Before Selling Them / I Want To Start Poultry Business Broiler Or Layer Which Is The Best?
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50 |