₦airaland Forum

No filter. No sugarcoating. Just honest experiences.
We all have that one business that took our money and gave us nothing but stress. Whether it is an online store, a contractor, a logistics company, a bank, or a service provider — we have all been there.
Which Nigerian business has disappointed you the most recently? What happened?
I will start — share yours below 👇

Palm kernel oil business

Seabed, palm kernel oil business how? They collected money and disappeared or they sold fake product? Tell us more.

all the businesses, the cost of energy is too much to sustain or maintain a business

Printing business!
My manager embezzled and diverted funds.
We couldn’t recoop

Dear Nigerian entrepreneurs,

If your business model heavily depends on stable electricity, think twice before jumping in blindly.

This is not to discourage anyone — it’s reality.

In Nigeria, power supply can humble even the best business plans:

You budget for rent, salaries, inventory, and marketing… then diesel and fuel become your biggest expense.

One blackout can ruin production timelines.

Perishable goods can spoil.

Machines can get damaged from power fluctuations.

Profit margins disappear trying to keep generators running.


Businesses like cold rooms, laundries, cyber cafés, printing hubs, manufacturing, salons, bakeries, data centers, and anything energy-intensive need serious power contingency plans before launch.

Before investing, ask yourself:
- Can this business survive 8–12 hours without electricity?
- What’s my monthly generator/fuel/inverter cost?
- Do I have backup power options?
- Will my pricing still make sense after energy costs?

Too many people enter certain industries because they see demand but ignore the operational reality of doing business in Nigeria.

A good business idea without reliable power planning can quickly become a financial trap.

Build smart. Calculate hidden costs. And never underestimate NEPA’s ability to disrupt your projections.

Any business that depends on light in Nigeria don't do it.

Thr government has let me down

Undoubtedly currency speculators aka Dollar hoarders, they held on to their fake dreams that naira was going to hit 2000 to a dollar and they hit ground zero like a heavy bag of cement 😂😂😂, again food hoarders especially rice and beans, infact na their own worse pass.

Farming yes farming ooo

Chemical, very expensive. Labourers, very very expensive to pay them. Only for you to come sale a bag of maize for 25k?

I will go for sesame seeds farming this year. They don't import it. I heard a big of it is around 200k

UBA made profits but refused to share the dividend with us as nticipated.

Glo with pride, there is no pride being a disappointment to your subscribers....

You will subscribe for data you cannot use because of poor network and that data will just go like that as you are unable to enjoy the service...

Bet9ja, abi that one no be Nigerian business





😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Nigeria economy is killing all buy and sell businesses

Raring of Agric chicken (Poultry).
Wasted my money, effort, time and ended up losing money. They are so fragile that they can be happily Eating, healthy and next minute they are falling and you are watching life leaving their body.

I regretted wasting my scarce resources on that business.

Oh did I forget to talk about how expensive their feeds were? Or when it was time to sell them, how they were being under priced asif I stole them. Abeg I don't even want to remember what I went through abeg

Lamasta:
Glo with pride, there is no pride being a disappointment to your subscribers....

You will subscribe for data you cannot use because of poor network and that data will just go like that as you are unable to enjoy the service...

You want them to use police and arrest you ba? To criticize Nigerian businesses today is now a sin.

Supporting Tinubu was the worse thing I've ever engaged in.

Police business.

My people abi I lie?

Palmpay.. They are still dealing with me for dealing with them with just a few millions...

As for uyi guobadia (guobe), sportybet and Bet9ja business has been a nightmare for him. The bookies are really dealing with him.🥱🥱

Driving an old Keke. No lost but all efforts goes to maintenance, food, rent and clothing. No big project executed with the profits. Year in year out. No wonder drivers are always looking rough. Yes they eat whatever that they want, but cannot execute a big project like building house or buying land. Stay away from old/3rd hand keke

EMPTY-HEN...

Has to be them... They take both numbers 1 and 2 positions

Emeskhalifa:
Raring of Agric chicken (Poultry).
Wasted my money, effort, time and ended up losing money. They are so fragile that they can be happily Eating, healthy and next minute they are falling and you are watching life leaving their body.

I regretted wasting my scarce resources on that business.

Oh did I forget to talk about how expensive their feeds were? Or when it was time to sell them, how they were being under priced asif I stole them. Abeg I don't even want to remember what I went through abeg

This one shock me no be small

Emeskhalifa:
Raring of Agric chicken (Poultry).
Wasted my money, effort, time and ended up losing money. They are so fragile that they can be happily Eating, healthy and next minute they are falling and you are watching life leaving their body.

I regretted wasting my scarce resources on that business.

Oh did I forget to talk about how expensive their feeds were? Or when it was time to sell them, how they were being under priced asif I stole them. Abeg I don't even want to remember what I went through abeg

Bro I swear to God I almost created a thread on this yesterday. Exactly the same pains my younger brother and I went through back in 2022.

Polaris bank and their munmun app..

buttlover:
Driving an old Keke. No lost but all efforts goes to maintenance, food, rent and clothing. No big project executed with the profits. Year in year out. No wonder drivers are always looking rough. Yes they eat whatever that they want, but cannot execute a big project like building house or buying land. Stay away from old/3rd hand keke

. You took the comments off my mouth and hand bro.

Road side

Engine oil business

Over hyped

1 drum of total oil
Is 500k expenses included
Less than 90k profit

Might take you up to 5 to 6 months to finish selling
As a newbie

5 months is over 100 days

Feeding pet day na like 1k

You go even chop capital
Lol

Moringa business, gnld and money wise

Most of the businesses you guys mentioned are good , the problem is that , what is good for MR A might not be good fortune for MR B

The question asked seem divided yet fun

Op original: which existing Nigerian bussines entity has disappointed you the most in 2025/2026?

But people seem to assume the question is talking about

Which business you ventured in has disappointed you the most?

I am enjoying answers to both questions from different commenters here

Moniepoint has to be the one that has disappointed me the most....their POS service is top notch but their POS MACHINE is shit. Wtf

New machine wey I buy for person to dey use make money...don get issue in just 7 days and it couldn't be replaced on warranty..like wtf

One of the most profitable, if u sabi ur way

seabed:
Palm kernel oil business

Oyindamolah:
Any business that depends on light in Nigeria oont do it.

I run mine with solar and life has been easier since then

Lamasta:
Glo with pride, there is no pride being a disappointment to your subscribers....

You will subscribe for data you cannot use because of poor network and that data will just go like that as you are unable to enjoy the service...

I don't know how you guys complain about GLO being poor, I've used GLO for over a decade now and my GLO network is the best for me, I use MTN and Airtel as well, but GLO services ahnnn, my own no dey disappoint me including in rural areas. Except say na timid village like where I served at Benue.
And also they've got they best sub for me, with #875 I use 3gb every 72 hours.
A friend once told me I was lucky, can my sim card be different?? We might be at the same location meanwhile your GLO network might be poor but mine hardly gets that poor.