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Hot and Lucrative Business ideas in Nigeria - Investment (2) - Nairaland

Nairaland ForumNairaland GeneralInvestmentHot and Lucrative Business ideas in Nigeria (6655 Views)

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Re: Hot and Lucrative Business ideas in Nigeria by toygod2: 10:28pm On May 29, 2022
Nice
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 1:36pm On Jun 01, 2022
27. Social Media Business

The social media space has suddenly grown to be an important tool that can drive not only the visibility of business but also its profitability.

Currently, most companies now have a social media strategy as a full-service function within their organization while others outsource this service to a digital marketing agency.

This is the reason why there’s a growing need for people to acquire digital marketing skills.

This is a good business idea to start in Nigeria.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 7:59pm On Jun 02, 2022
28. Daycare Center

There will always be the need to make a living even after giving birth to children.

Hence, DayCare is a business you can start today if you are looking for startup business ideas in Nigeria.

The services they render are indispensable. If you love taking care of kids, then starting a daycare center is a great decision.

One important thing to note before starting this kind of business is that you’ll need to register it properly to avoid getting into problems with the authorities.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 6:12pm On Jun 03, 2022
29. Tomato Farming Business

Agriculture still remains one of the best business investments in Nigeria today. This business is lucrative and also, not expensive to start up.

However, one of the fundamentals to kickstart a tomatoes business in Nigeria is to know what kind of tomatoes are in high demand.

You can easily get this information from seed suppliers, as they’ll be able to inform you better on popular demand.

Based on market demand, they know the fast-selling varieties, which ensure that the seeds you pick are good seeds that’ll grow well.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 3:32am On Jun 07, 2022
30. Affiliate Marketing

This online business is a profitable business in Nigeria anyone can start with little or no capital.

An affiliate marketer is one who helps sells a product that he does not necessarily own and earn a certain commission on that.

The affiliate products could either be in form of digital or physical products.

You can sign up with more than one affiliate program as your capacity can carry and use your affiliate links to promote the products through social media or by building dedicated websites to drive traffic and generate quality leads through SEO.

Affiliate marketing is one of the best business ideas for students in Nigeria.
Re: Hot and Lucrative Business ideas in Nigeria by toygod2: 9:16am On Jun 08, 2022
NICE
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 5:18pm On Jun 10, 2022
31. Tracking & Security Services

With the level of insecurity in the country, starting a tracking and security business is a fast way to make money in Nigeria.

The sales of CCTV cameras, car tracking devices, alarm systems, security gadgets, mobile trackers, and other security gadgets have proven to be a lucrative business in Nigeria.

We recommend this business to anyone that has a passion for security and safety.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 5:50pm On Jun 15, 2022
32. Sales and Supplies of Safety Equipment

This is still one of the untapped businesses in Nigeria today that you can venture into and make money.

You don’t need to become a safety expert or specialist to start this business. However, you need to have the product knowledge to succeed at it.

The business includes the sales of safety apparel, lanyards, harnesses, safety shoes, gas detectors, hard hats, and lots more.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 1:04pm On Jun 21, 2022
33. Exportation Business

Perhaps you are thinking that no such thing as an exportation business in Nigeria. Let me burst your bubbles, export in Nigeria still exist and highly profitable businesses to invest in Nigeria.

Exporting raw materials such as cocoa, yam, vegetable oil, cassava, palm oil, textile, groundnut etc.. are some of the most profitable international trades in Africa.

These items are still very much in high demand in the global market. Hence, you can start exportation business in Nigeria and succeed at it.

If you are seeking a buying and selling business in Nigeria that is successful, then consider the exportation business.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 12:10pm On Jul 16, 2022
34. Car Dealership

Undoubtedly, sales of cars, vehicles and other automobiles have proved to be lucrative in Nigeria.

Considering the population in Lagos, Nigeria, starting a car dealership business especially in Lagos is enough to fetch you an acceptable amount of profit.

Perhaps you don’t have the capital to get started, you can partner with already established car dealers in Nigeria until you have been able to build a customer base and raise capital to stand alone.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 6:16pm On Jul 22, 2022
35. Starting a Pharmacy

This is one of the most profitable businesses in Nigeria that you can start and make money.

Setting up a pharmacy in Nigeria is very profitable especially if you set up your pharmacy in a community with a high population.
You don’t need to be a doctor to set up a pharmacy business in Nigeria.

However, you might need to have a license to be approved.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 2:16pm On Jul 23, 2022
36. Furniture Making

From table making to bed frames, cushion chairs, iron chairs, and bookshelf sell really fast in Nigeria.

Whatever adds beauty to homes is a lucrative business to venture into.
Starting a furniture business in Nigeria can be a fast way to make money doing business in Nigeria.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 3:54pm On Jul 24, 2022
37. Photography

Photography is another good business idea you should consider investing in Nigeria.
There are lots of events happening on a daily basis and people want to capture memories.

Hence, you can profit from this business really quickly.

As you start the business, you will improve on your skill over time and acquire more customers as your brand grows.
This is a great business idea to start as a student in Nigeria.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 4:11pm On Jul 25, 2022
38. Bouncing and Security Service

Setting up a bouncing and security service business that offers services to clubs and wealthy individuals and celebrities is a great business idea in Nigeria.

This is a business that can help you make passive income from it.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 7:35pm On Jul 26, 2022
39. Consultancy

Are you an expert in a particular field? Do you have a special skill that you can share with others? Then you should consider starting a consultancy business.

You can make money by sharing the ideas and experience that you have gained over the years. The consultancy business is one that can make you a billionaire in Nigeria.

Through this business, you can consult for businesses and people outside of Nigeria and get paid.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 5:23pm On Jul 27, 2022
40. Script-writing

This is another good business idea for you to start in Nigeria. Writing and publishing series, storybooks, comics, and scenes for movies is an amazing start to financial freedom.

You don’t need to produce your film to succeed at it. You can sell your script and still get the credit for it.
As a scriptwriter, you make money doing what you love doing.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 5:12pm On Jul 28, 2022
41. Sports Viewing Centre Business

Are you a sports lover and want to make money doing what you love? Then this is one of the cheapest businesses to start in Nigeria.
All that is required is to have a viewing space, television, and a TV cable console and you are ready to go.

You can expand it to include a betting shop as you grow. This will fetch you money really fast in Nigeria as the game of football is one of the hottest sports in Nigeria.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 3:05pm On Jul 29, 2022
42. Printing Press

This is one of the oldest and fast-moving small-scale businesses in Nigeria that is still profitable.
Starting a printing press business where you can mass produce works like news bulletins, magazines, banners and flyers is one of the hot business ideas in Nigeria that is lucrative.

Having the capital and the right geographical location, the printing press is one of the best business ideas to get rich fast in Nigeria.
Re: Hot and Lucrative Business ideas in Nigeria by Zico777(m): 2:00am On Jul 30, 2022
webclass:
7. Ice Block Production and Sale

When anyone thinks about startup business ideas for men and women in Nigeria, ice block production always comes to mind.

Perhaps, the tropical climate state of Nigeria with an abundance of sunlight and heat influences such thought.

Besides, it is a profitable business idea to kick start even with a very small capital at your disposal.

All you need to get started is just a good freezer, electricity and water (that’ll become the ice blocks after freezing). Have you seen how easy this is?

In some parts of town, there might be no electricity and people will definitely look for ways to preserve things like their soup especially.

Drinks and even drinking water will need a bit of ice to get cold at least.

So can you imagine making money from just water?

Of course, water has been transformed into a solid-state(ice block), therefore serving an entirely different purpose.
Like seriously!!
Epileptic power supply nko?
Hmmmmm
Re: Hot and Lucrative Business ideas in Nigeria by Zico777(m): 2:02am On Jul 30, 2022
webclass:
15. Call Card Business

Almost everyone owns a mobile phone and definitely will need call cards in them.

You could sell call cards anywhere. In your hostels, offices, besides the road, at restaurants and eateries, etc...

Knowing that people mostly have access to these places. It’s a lucrative business anyone can start in Nigeria with little capital.

Also, the call card business idea is great for teenagers in Nigeria to start.
Not anymore!
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 11:11am On Jul 30, 2022
Zico777:
Like seriously!!
Epileptic power supply nko?
Hmmmmm
People are doing this business with generator and they are still making huge profit.
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 11:15am On Jul 30, 2022
Zico777:
Not anymore!
You are wrong.
Call card is now more easier than before.
Because now, you no longer need a computer and printer. With just your mobile phone, you can go into the business
Re: Hot and Lucrative Business ideas in Nigeria by Zico777(m): 2:06pm On Jul 30, 2022
webclass:
You are wrong.
Call card is now more easier than before.
Because now, you no longer need a computer and printer. With just your mobile phone, you can go into the business
Ok with ₦2 ₦2 naira profit.
Ride on!
Re: Hot and Lucrative Business ideas in Nigeria by Zico777(m): 2:06pm On Jul 30, 2022
webclass:
People are doing this business with generator and they are still making huge profit.
I hear u sir!
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 3:37pm On Jul 30, 2022
Zico777:
Ok with ₦2 ₦2 naira profit.
Ride on!
I can see you are being myopic and sarcastic
Re: Hot and Lucrative Business ideas in Nigeria by Zico777(m): 5:06pm On Jul 30, 2022
webclass:
I can see you are being myopic and sarcastic
Na so sir!
Re: Hot and Lucrative Business ideas in Nigeria by webclass(op): 5:08pm On Jul 30, 2022
43. Fitness Instructor

A lot of people are willing to invest thousands of naira just to get that perfect body.
You can set up a fitness center and work as a personal fitness instructor for those looking for your services.

With social media, getting the clients had become even easier. All you need to do is ensure that your gym center is equipped with the right equipment for your clients.
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