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What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessWhat Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria (25354 Views)

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Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by TUANKU(m): 9:04am On Jun 25, 2025
Seeplusplus:
If you sample 100 Nigerians and give them 10M each to start a business, 9 of them will come and ask this question and when they finally get something they think is the answer, the business will fold up by the 6th month.

We've never been a people that creates wealth and opportunities. The South Easterners are only good with trade. (Buying and reselling). And that is why most of their businesses are one man business, mostly husband and wife.

Only less than 5 percent of Nigerians know how to set up real business that creates wealth.
How dare you speak the truth? You will be attacked for this.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by ngel0v3(m):
Pull out N500,000 and start a digital product. Keep the rest N1m.

Step 1: Buy a domain name and hosting. This should cost you N10,000 - N15,000 total (go for a .com.ng domain). Buy hosting for a month or for a quarter.
Step 2: Create an information product on a hot topic and package it up either as a PDF or as a course. This will cost you N0 (zero) naira.
Step 3: Create your landing page and write a sales letter. Cost = N0 (zero) naira (except you pay someone to do it for you)
Step 4: Launch a Facebook ad to promote your product. The bulk of your money will go into running ads.
Step 5: Sit back, relax and watch your daily profit coming in, until you take home more than the salary you make in a whole year.

So if your target for this month, is to make N1m, divide that N1m by (for example)... N5000 (the price you're selling your ebook)... and that means you need to sell 2000 copies of your digital product. And since you're running Facebook ads and with a good budget set aside for your expenses.. then believe me... 2000 people will be easy to reach and your N1million will be a small thing to achieve.

NOTE: All this is assuming you know even just a little bit of copywriting and about all that I mentioned above. If you don't know anything about it, either go and learn, or find someone to create the digital product, write your sales letter and run the ads for you.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Olusayo80: 9:20am On Jun 25, 2025
Please how can i invest in craft fish business please connect me thanks
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by RavinWolf(m): 9:41am On Jun 25, 2025
If you got enough experience and knowledge of trading forex... you got a decent capital.

Aim for 3% profit per day... compound your lot size as your profits accumulate.

You will be very comfortable and happy.

But if you got no experience of technical analysis, stay away from forex like a plague.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by abobote: 9:42am On Jun 25, 2025
ashimiu2020:
Good evening, On the Charcoal biz,

Can we chat/ talk more on it, If yes, help me with your email/number.

Thanks.
Beware of scammers, don't trust anyone ooooooooo.............................
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by GorillaApp(m): 9:44am On Jun 25, 2025
joskingzy:
Just go fully on goats farming or charcoal, you can lemme know if you need explanation or partnership
More details on this please

This seun 40 character sef
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by JohnNgene: 9:45am On Jun 25, 2025
Nwanne, just go to your bank and ask them how you can invest in MUTUAL FUNDS for 9months with maybe 1million. Another option is to do a FIXED DEPOSIT.

You could use the remaining the N500,000 (five hundred thousand naira) to try P.O.S business.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by easytig(m): 9:46am On Jun 25, 2025
1.5 million can't even buy you a brand new Keke, second hand sef na wahala,just keep doing what gave you the 1.5
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by GorillaApp(m): 9:47am On Jun 25, 2025
Difrent:
If you don't have a car, try get a car and be doing Uber/bolt + Logistics. As a civil servant you do extra work after you close and weekends
Which good car can he buy with 1.5m


Please take a moment to write a quality post with at least 40 characters
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by adelekeaf: 9:47am On Jun 25, 2025
Kindly invest it in learning a digital skill of your interest, develop it and build business around it. Considered your condition, 1.5m without siting down with it will soon vapourize.
Or partner with farmers who are into live stock. That is what I did. Bought cattle when it’s cheap and get them sold when it’s prices goes up.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by tranxo(m): 9:49am On Jun 25, 2025
biliment:
I'm a civil servant. I need a business that I can do with 1.5m and will be making good profit from it daily, weekly or monthly I don't mind.
Food Storage

Buy low during harvest period, store, and sell off high, after some months during scarcity.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Agugbadin: 9:51am On Jun 25, 2025
Try rabbit farming because of the tendency to muriply quickly.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by OdefaGirl(f): 9:53am On Jun 25, 2025
Palm kernel oil production... Bfggcddfvbcxsdvcxzdxcxf ghjjjcdszctgbivxssx

I no get strength oo, Mr. Seun
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Allthingswork: 9:54am On Jun 25, 2025
tranxo:
Food Storage

Buy low during harvest period, store, and sell off high, after some months during scarcity.
good idea and it is profitable. My mother is considering this food storage business, as she has just walked into money after selling her land. At least with 10 million naira out of the money she should be able to make serious gains and no losses.
I recommend it.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Allthingswork: 9:58am On Jun 25, 2025
Olusayo80:
Please how can i invest in craft fish business please connect me thanks
Crayfish, you meant to type.
I know some women in oron town in Akwa Ibom State (I'm partly from there) where some of the best and affordable crayfish in West Africa originate from. Buy and sell it in the north or west and you'll have steady customers and good profit returns. Same with palm oil from Akwa Ibom.
If I have to connect you to those certified local dealers, you would have to do the negotiations with them on transportation or logistics, storage and drying, and some other things.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Revealpanda: 10:01am On Jun 25, 2025
ngel0v3:
Pull out N500,000 and start a digital product. Keep the rest N1m.

Step 1: Buy a domain name and hosting. This should cost you N10,000 - N15,000 total (go for a .com.ng domain). Buy hosting for a month or for a quarter.
Step 2: Create an information product on a hot topic and package it up either as a PDF or as a course. This will cost you N0 (zero) naira.
Step 3: Create your landing page and write a sales letter. Cost = N0 (zero) naira (except you pay someone to do it for you)
Step 4: Launch a Facebook ad to promote your product. The bulk of your money will go into running ads.
Step 5: Sit back, relax and watch your daily profit coming in, until you take home more than the salary you make in a whole year.

So if your target for this month, is to make N1m, divide that N1m by (for example)... N5000 (the price you're selling your ebook)... and that means you need to sell 2000 copies of your digital product. And since you're running Facebook ads and with a good budget set aside for your expenses.. then believe me... 2000 people will be easy to reach and your N1million will be a small thing to achieve.

NOTE: All this is assuming you know even just a little bit of copywriting and about all that I mentioned above. If you don't know anything about it, either go and learn, or find someone to create the digital product, write your sales letter and run the ads for you.
See your mouth.
He'll burn a that money on ds before makes even 20k
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Mrsoft3(m): 10:03am On Jun 25, 2025
biliment:
I'm a civil servant. I need a business that I can do with 1.5m and will be making good profit from it daily, weekly or monthly I don't mind.
Buy milled rice at 120-130k per bag

The weight of the bag is 110kg(thats two bags of rice of 50kg and 10kg extra)

You are to buy 5 bags of this already milled rice to give you 11 bags of 50kg.


5 bags will cost you 600,000-650,000

Processing and bagging each vag of rice will cost you 5k each so for 11 bags that 55k( destined,sorted,graded and Polish with bagging)

Say 64,000-65,000 per bag

If you sell at 70k per bag thats 6000k profit per bag


Remember there are hidden cost you will insure due to distance and market you intend to sell

Selling period will take you 1-2months


I package in

5kg
10kg
25kg
50kg



With your 1.5m you can buy 10 bags, rice don't get spoiled if you store properly, your investment is still safe.

The only risk is theft
Government policy(border opening)

Entrepreneur trying to push for monopoly
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by treatise: 10:05am On Jun 25, 2025
temitope27:
Bet9ja bet9ja bet9ja bet9ja bet9ja bet9ja bet9ja grin grin
That is if you're not greedy :pick relatively sure odds of between 1.5 and 2.0
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by treatise: 10:05am On Jun 25, 2025
temitope27:
Bet9ja bet9ja bet9ja bet9ja bet9ja bet9ja bet9ja grin grin
That is if you're not greedy :pick relatively sure odds of between 1.5 and 2.0. Good luck guy!
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Blitzking: 10:07am On Jun 25, 2025
Are you in lagos...use the 1.5m...use 1m do down payment for keke and spread the balance over some years use 1 month drive ur keke and see how it goes..ask questions before you start to understand the nitty gritty...getting a rider to have returns is deadly
Or open a barbing salon in a good location and employ barbers. A hair cut is now at least 1k
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by adexoramo(m): 10:13am On Jun 25, 2025
joskingzy:
Just go fully on goats farming or charcoal, you can lemme know if you need explanation or partnership
Hi, I don’t mind going into partnership about the goat farming. I’ve 3 plot available well fenced with borehole on it. I will like to hear from you
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by VaginaAcademic: 10:18am On Jun 25, 2025
CBEX 2.0

Here are the irrelevant characters to make up the required numbers
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by maureensylvia(f): 10:24am On Jun 25, 2025
Allthingswork:
good idea and it is profitable. My mother is considering this food storage business, as she has just walked into money after selling her land. At least with 10 million naira out of the money she should be able to make serious gains and no losses.
I recommend it.
No losses? Who told you that
That's not true please!
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by joskingzy(m): 10:30am On Jun 25, 2025
ashimiu2020:
Good evening, On the Charcoal biz,

Can we chat/ talk more on it, If yes, help me with your email/number.

Thanks.
09029416969

You can holla me on whatsàpp with the number.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by egunna(m): 10:37am On Jun 25, 2025
Allthingswork:
good idea and it is profitable. My mother is considering this food storage business, as she has just walked into money after selling her land. At least with 10 million naira out of the money she should be able to make serious gains and no losses.
I recommend it.
loses can follow ooo. I did on a small scale though, body pepper me. But hey, life is all about risks nah. Profit sef dey on a good day
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Spinflow: 10:42am On Jun 25, 2025
Go and register with agbero, you will not regret it. If you perform well in the 2027 elections, local govt chairman is a possibility in 2031.
biliment:
I'm a civil servant. I need a business that I can do with 1.5m and will be making good profit from it daily, weekly or monthly I don't mind.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by egunna(m): 10:43am On Jun 25, 2025
Mrsoft3:
Buy milled rice at 120-130k per bag

The weight of the bag is 110kg(thats two bags of rice of 50kg and 10kg extra)

You are to buy 5 bags of this already milled rice to give you 11 bags of 50kg.


5 bags will cost you 600,000-650,000

Processing and bagging each vag of rice will cost you 5k each so for 11 bags that 55k( destined,sorted,graded and Polish with bagging)

Say 64,000-65,000 per bag

If you sell at 70k per bag thats 6000k profit per bag


Remember there are hidden cost you will insure due to distance and market you intend to sell

Selling period will take you 1-2months


I package in

5kg
10kg
25kg
50kg



With your 1.5m you can buy 10 bags, rice don't get spoiled if you store properly, your investment is still safe.

The only risk is theft
Government policy(border opening)

Entrepreneur trying to push for monopoly
what do you mean by milled rice? Are you referring to paddy rice?
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by bigiyaro(m): 10:43am On Jun 25, 2025
Just buy bitcoin and rest. Businesses are struggling to survive in this APC hell.
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Tijani009: 10:44am On Jun 25, 2025
Difrent:
If you don't have a car, try get a car and be doing Uber/bolt + Logistics. As a civil servant you do extra work after you close and weekends
Miniiiiiiiiiiiiiiiiiiiiii busssssssssssssss balance 12k per day he should try that
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by Tijani009: 10:45am On Jun 25, 2025
bigiyaro:
Just buy bitcoin and rest. Businesses are struggling to survive in this APC hell.
Iiiiiiiiiiii dayyyyyyyyyyyyyyyy tellllllllllll youuuuuuuuuuuuuuuuuu
Re: What Business Can I Do With 1.5m That Will Be Giving Good Profit In Nigeria by joskingzy(m): 10:46am On Jun 25, 2025
adexoramo:
Hi, I don’t mind going into partnership about the goat farming. I’ve 3 plot available well fenced with borehole on it. I will like to hear from you
Please message me on whatsapp through my number 09029416969
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