Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,604 members, 7,812,978 topics. Date: Tuesday, 30 April 2024 at 01:05 AM

What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? - Business (7) - Nairaland

Nairaland Forum / Nairaland / General / Business / What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? (38645 Views)

How To Make 100-1,000$ In As Little As 30 Days / Lady Loses N15,000 At An ATM Queue In Lagos / 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 SeaTrade(m): 8:38pm On Aug 24, 2021
des4ella:
Transportation business. Buy three very sound 2010 Toyota sienna and partner with God is Good transport company; trust me you earn close to 2M monthly.
3 Sienna around 10.5m or so.
According to you an investment of 10.5m to bring 2m naira monthly is possible in the business you stipulated and you think God is good will still be accepting vehicles from partners
When they can walk into any bank,collect loan at 2% monthly interest and buy 500 Sienna at once?
Lol funny grin grin grin

13 Likes

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by TenOverTen111(m): 8:50pm On Aug 24, 2021
Realboygenius:
Even with the present global economy situation 15,000,000 is a really good capital to start a business in Nigeria. If I have that amount of money I'll definitely invest it on farming and animal husbandry in my village. I'll even create employment opportunity through that in my community.

You can as well take a chance of a lifetime and register for the Next Titan entrepreneur reality show.
Good bless you richly, you'll forever be in my heart
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Gee64: 8:54pm On Aug 24, 2021
Set up a LNG plant for 12m and blow within 2 years.
On a 50x100 land then thank me later on Whats*App:
Zero 7 ZERO 84*79 three 0 seven * 8
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Okeyc230: 8:57pm On Aug 24, 2021
Get a forklift and rent it out
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by moneyissues(m): 9:07pm On Aug 24, 2021
Put that amount in binance attached with royal q robot trader and smile daily...

1 Like

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Rooy57(m): 9:08pm On Aug 24, 2021
Abiodunspectre:
Hello Nairalanders
As the world economy experience fall in the global demand for commodities stemming from the pandemic. Nigeria is not left out as the naira currently trade N520 to 1$.

For many businesses and entrepreneurs, the naira fall has been a heavy burden on their operations and personal lives most especially for people who buy import goods from other countries.

Nigeria Investment Youth Funds In partnership with Heritage Bank wants to reward a Nigerian entrepreneur with a cash prize of 15,000,000 to boost their business in season 8 of The Next Titan entrepreneur Reality TV show.

That brings me to the question " What business can one invest in or start with N15,000,000/ 29,000$ In Nigeria?

I'll be in the comment section for your responses.


Letshego Mfb formally First Bank Mfb offers a 7% ROI for six months tenure.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by bawajghai(m): 9:08pm On Aug 24, 2021
Transport business is a goal, by a trailer head and flatbed. Come and thank me later

1 Like 1 Share

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Danjikanbauchi: 9:15pm On Aug 24, 2021
abuuthmaan:


How much?
we sell 25k you will sell 28 or more pure rice without stones Well polish
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by mechanics(m): 9:16pm On Aug 24, 2021
SeaTrade:
Look for a place that's marketable and wait for customers to come and meet him whereas his competitors who are buying from Nigeria breweries direct(pricing advantage) are going round from shop to shop,door to door with their trucks selling same goods abi? grin grin
Yes,with this your model he will sell,but the volume will be so paltry so much so that the time value of money for that 15m will be useless.Oga,times and business have changed,you just don't know it because you might not be a fieldman.
What's the sense in it to use 15m to chase 2m gross profit per year if not outright foolishness? undecided
Atleast if it's that kind of negligible income he is looking for, he is better off buying fixed income which might even give him a bit more with no stress.
One step at a time, he can get a mini truck with time.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by frankyfranky(m): 9:17pm On Aug 24, 2021
Discount stores...
Importation of Cars...
Importation of electronics/Phones...
Mini estate in my village...
Student hostels...
Hotel...
Others...

1 Like

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by cooooooks(m): 9:18pm On Aug 24, 2021
1. Convert half into a stable currency. It could be USD, EUR or even CFA Franc. If you put in bitcoin, put less than 10% (my risk preference).

2. Buy or put down payment on a residential property. This eliminates the majority of your rent/housing costs for the foreseeable future. You could also use this property for rental income. You could rent out a room, bq, or the entire property if you already have a residence.

3. Invest in stocks. Invest in the Nigerian stock exchange but also invest, preferably more than half, in US/Canada/UK ETFs. I believe Trove works in Nigeria. This is somehow tied to #1. You could buy a stable USD bond, bond ETF or traditional index ETF that follows the NASDAQ, S&P500 or/and the entire market.

4. Invest in 2 - 5 businesses in which you could break even within 6 months to a year:
- Drying & packaging fish (last estimate years ago came under 300k
- Rearing fish: capital intensive ~ 500k minimum. Time conscious.
- Uber/Bolt (buy a Nigerian used car for 400k to 1M and do hire purchase at ~ #15k+ a week

3 Likes

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Danjikanbauchi: 9:19pm On Aug 24, 2021
GOCEO:

Maigida howfar do u only sell the rice in bulk trailer quantity n how much is it also wat abt the beans
we deal on local rice if you need trailer of it you will get same with beans, any grains we can supply as much you need, rice without stones we sell 25k and you can sell 28 above, beans, dawa, Millets etc a trailer well loaded can carry upto 700 bags or rice
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Uphold(m): 9:45pm On Aug 24, 2021
Your logo is your identity, it is the first thing that catches the attention of your customers, I will make you a unique and proffesional 3D logo design for your brand or business for just 3000 naira only. You get the png, jpeg, pdf and raw file. I am always available to make corrections till you get satisfied. Quality assured.Our other services includes: Letterhead paper design ,ID card design, Business card design, Flier design And lots more.
Get a professional business or
company logo done ----
1, High quality 3D logo
2, Transparent background logo for
watermark
3, Plain logo for uletterhead, business
card, Id card etc
4, Pdf copy of your logo.
Call/WhatsApp me via the number on
the image below

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Gwintech: 9:47pm On Aug 24, 2021
The amount of people reading this post indicates that you all have N15m

1 Like

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by koolaid87: 9:54pm On Aug 24, 2021
Invest in crypto

Buy eth and stake it on binance, the dividend is enough for you to pay bills.

Plus your capital is in eth which is a growing project.

You can also compound your yields.

Not a financial advice, dyor
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Babastrong(m): 9:58pm On Aug 24, 2021
[quote author=Philip4564 post=105141740]where are you located bro?. Saki west local gov., saki. Oyo state.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by des4ella(m): 10:02pm On Aug 24, 2021
SeaTrade:
3 Sienna around 10.5m or so.
According to you an investment of 10.5m to bring 2m naira monthly is possible in the business you stipulated and you think God is good will still be accepting vehicles from partners
When they can walk into any bank,collect loan at 2% monthly interest and buy 500 Sienna at once?
Lol funny grin grin grin
The price of 2010/2011 full option Toyota sienna is between 5 to 6m and I repeat with confidence that you can make almost 2m monthly. Even a 20 tonnes truck that carry gravels can earn you 500k or more monthly depending on who's managing it for you. Do your research about God is Good partnership program on their website or you visit any of their offices to get more information. No sitdon for house dey doubt wetin you no know.

3 Likes 1 Share

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Maxwell4404(m): 10:15pm On Aug 24, 2021
Don't be fooled the best investment now in Nigeria is to travel out of this country my guy be wish if you travel out now your generation will forever remember your name be wise
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Straightpath900: 10:23pm On Aug 24, 2021
Files:
Op inshort you are here to steal ideas.

With 15 million the best business to start is cow farming.. it's lucrative than you can think


This is a long-term business and do you think people are willing to wait a year or two before they start making money?
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by noble2faith(m): 10:36pm On Aug 24, 2021
adonainana:
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

There is even one for sale at my locality

https://www.nairaland.com/6712137/dropping-it-it-hot-three
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Pzpropertylimit(m): 11:05pm On Aug 24, 2021
If I have that kind of money now , it's to look for a cool and bubbling place and build a 15 room guest house there with standard bar and run it myself . It's my passion
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by calcal: 1:23am On Aug 25, 2021
Realboygenius:
Even with the present global economy situation 15,000,000 is a really good capital to start a business in Nigeria. If I have that amount of money I'll definitely invest it on farming and animal husbandry in my village. I'll even create employment opportunity through that in my community.

You can as well take a chance of a lifetime and register for the Next Titan entrepreneur reality show.

1. your village people can kill you and take over your investment

2. DSS can arrest and lock you up, you will need to sell your business to free yourself

3. Fulani herdsmen might destroy your farm or even kill you

4. Un-known gunman can kill you

5. Unkown thief/criminal can kill you

6. Your employee can kill you

7. The money can disappear within one year.

1 Like

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by rafcrown(m): 1:23am On Aug 25, 2021
Please throw more light and give examples.
Holluwhakemmy:
Go into building materials business.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by rafcrown(m): 1:34am On Aug 25, 2021
FOR REAL ?
princewarri1985:
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 rafcrown(m): 2:01am On Aug 25, 2021
More information,pls.
bawajghai:
Transport business is a goal, by a trailer head and flatbed. Come and thank me later
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by JamOSneh: 7:21am On Aug 25, 2021
Come and buy like 4 truck under indomie company for loading , you will be raking million in a month, Am very sure u will thank me for this
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by SeaTrade(m): 7:24am On Aug 25, 2021
JamOSneh:
Come and buy like 4 truck under indomie company for loading , you will be raking million in a month, Am very sure u will you thank me for this
I thought BHN logistics are the people hauling goods for Dufil-Prima(indomie,power oil ,etc...)
How come they will accept trucks from independent contractors again?I don't understand, please can you elaborate?

1 Like 1 Share

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Philip4564(m): 8:09am On Aug 25, 2021
[quote author=Babastrong post=105146987][/quote]can I connect with you on WhatsApp?
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Inception(m): 8:10am On Aug 25, 2021
cooooooks:
1. Convert half into a stable currency. It could be USD, EUR or even CFA Franc. If you put in bitcoin, put less than 10% (my risk preference).

2. Buy or put down payment on a residential property. This eliminates the majority of your rent/housing costs for the foreseeable future. You could also use this property for rental income. You could rent out a room, bq, or the entire property if you already have a residence.

3. Invest in stocks. Invest in the Nigerian stock exchange but also invest, preferably more than half, in US/Canada/UK ETFs. I believe Trove works in Nigeria. This is somehow tied to #1. You could buy a stable USD bond, bond ETF or traditional index ETF that follows the NASDAQ, S&P500 or/and the entire market.

4. Invest in 2 - 5 businesses in which you could break even within 6 months to a year:
- Drying & packaging fish (last estimate years ago came under 300k
- Rearing fish: capital intensive ~ 500k minimum. Time conscious.
- Uber/Bolt (buy a Nigerian used car for 400k to 1M and do hire purchase at ~ #15k+ a week

The smartest of them all.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Pilate2016(m): 8:45am On Aug 25, 2021
Danjikanbauchi:
we deal on local rice if you need trailer of it you will get same with beans, any grains we can supply as much you need, rice without stones we sell 25k and you can sell 28 above, beans, dawa, Millets etc a trailer well loaded can carry upto 700 bags or rice
Good day sir,
Can one buy in smaller quantities from you ie few bags?
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Danjikanbauchi: 8:52am On Aug 25, 2021
Pilate2016:

Good day sir,
Can one buy in smaller quantities from you ie few bags?
like how many bags sir ? Send mail to bluelinesresources@gmail.com

1 Like

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)

Unilever Nigeria Stops Production, Sales Of Omo, Lux / My Online Shopping Experience With Jumia / Meet John Collison, Harvard Dropout And World's Youngest Self-Made Billionaire

(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. 72
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.