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Top Profitable Businesses To Start In Nigeria With 100k - Business - Nairaland

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Top Profitable Businesses To Start In Nigeria With 100k by Kellykelechi: 11:31am On Apr 22, 2023
Nigeria is a country with a vast market and resources for businesses. Starting a business in Nigeria can be a profitable venture, especially when done with minimal capital. With just a hundred thousand nairas, one can venture into a business that can yield considerable returns. This article will discuss the top profitable businesses to start in Nigeria with 100k.

1. Poultry farming
Poultry farming is an agricultural business that involves the rearing of chickens, turkeys, ducks, and geese. It is a profitable business in Nigeria that requires minimal capital to start. With a hundred thousand nairas, one can purchase chicks, feed, and equipment needed to start a small-scale poultry farm. The demand for poultry products such as eggs and meat is high in Nigeria, making this business a profitable venture.

2. Fish farming
Fish farming is another profitable agricultural business in Nigeria. With a hundred thousand nairas, one can start a small-scale fish farm. The startup capital can be used to purchase fingerlings, feeds, and equipment such as tanks and pumps. Fish farming has a high demand in Nigeria, and the profits can be significant.

3. Tailoring
Tailoring is a profitable business that involves the design and creation of clothing. With a hundred thousand nairas, one can purchase a sewing machine, fabrics, and other necessary equipment to start a small tailoring business. The demand for clothing in Nigeria is high, making tailoring a profitable venture.

4. Barbing
Barbing is a profitable business in Nigeria that involves cutting and styling of hair. With a hundred thousand nairas, one can purchase a clipper, chairs, and other necessary equipment to start a small barbing business. The demand for barbing services is high in Nigeria, making it a profitable venture.

5. Cleaning Services
Cleaning services involve the cleaning of homes, offices, and other public places. With a hundred thousand nairas, one can purchase cleaning equipment such as mops, brooms, and cleaning agents to start a small cleaning business. The demand for cleaning services is high in Nigeria, making it a profitable venture.

6. Event planning
Event planning involves the planning and organization of events such as weddings, parties, and conferences. With a hundred thousand nairas, one can start a small event planning business by offering services such as decoration, catering, and venue sourcing. The demand for event planning services is high in Nigeria, making it a profitable venture.

7. Freelance writing
Freelance writing is a business that involves writing articles, blog posts, and other content for clients. With a hundred thousand nairas, one can purchase a computer and internet connection to start a freelance writing business. The demand for freelance writing services is high in Nigeria, making it a profitable venture.

8. Online retailing
Online retailing involves the sale of goods and services online. With a hundred thousand nairas, one can start an online retail business by creating an e-commerce website or selling on existing online marketplaces such as Jumia and Konga. Online retailing has a high demand in Nigeria, making it a profitable venture.

Conclusion
Starting a business in Nigeria with a hundred thousand nairas can be a profitable venture. The above-listed businesses are some of the top profitable businesses to start in Nigeria with 100k. With hard work, commitment, and dedication, one can turn any of these businesses into a successful venture.

You can continue reading from this post
https://medium.com/@Nancypreneur/5-profitable-online-business-models-to-engage-in-with-little-or-no-capital-in-2023-6951cad7c463

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