Please nairalander, I have a sum of fifty thousand naira with me and I don't want to waste it. please can anyone advise me on how to make something productive with it or anything that I can invest with it. I need several opinion. thank you

Brother that is no money

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Use it and carry a half-caste olosho or a full white.


Trust me, that's good value for your money.

Anything you start with such amount will be small biz.
But try recharge card, pure water with small fridge, fry puff puff by the road side if you can. And some other small bizes

Give to me

50k? Money for foodstuffs àbí?


Seriously,

Except for farming. And you must be ready to put in much effort.

Op if you want low returns
you can invest in fixed deposit with a bank (check the interest rate if interested,) just know that interest rate is discounted over a 12month period
For example, asumming intrest rate is 3% that is 1500/12 to intrest rate for a month
Most banks fix starting from 3months

The next is also low risk and low return. You can buy treasury bills issued by government. If you are lucky to get it
Interest rate is also calculated like fixed deposit. Terms and conditions also similar to fixed deposit

High return and high risk
Start a recharge card selling business ( if your area is good for such business) and you have the time


Agriculture can also be a way to go if you have access to land
Find out the most lucrative crop to plant in your area of Nigeria and cultivate it. Again if you have the time

Also small scale pottery
Buying and selling of cloths: I learned one or two things while doing my NYSC in Aba about this

I won't advice to start selling provision out of the house cause it may not be proper for a man


Hope I helped

Op pls go and open this thread in investment or business section...
Na romantic full here.

50k?

Use it to buy good cloths and perfume

Dude just give it to ur church what do you think

Bet it on Nigeria - Zambia, Naija to win

Invest it into shares

Bitcoin1000:
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can you pls check your PM ? I need to discuss something important with you, thanks.

* Go into ecommerce,a friend of mine started with just wristwatch and today she run an online store on jumia and konga.
* During my service year, a fellow youth corper would buy bread in bulk and distribute to families and small shops. He was making a decent profit
* Start making popcorn,then gradually you can mix it with ice cream,you can as well combine both if you have a freezer and a small space. If not you stick with the pop corn,the point is to make it unique by giving it packaging. You can also visit schools around and start distributing pop corn to them, visit churches on any special event. If possible find a space in a crowded place like a bustop or students environment.
If this goes well, you can increase the business by adding grilled fish,arrange few chairs and table where people can sit and relax.
You don't need a huge amount to start this,you can as well hook up with a shop owner preferable located in a bustop, negotiate to use the shop at night. I had someone who did this also.
*Also if you have a Freezer at home and stable electricity,you can start selling iceblock, its would only cost you nylon and water. My aunt does this and she is enjoying it.
These are little businesses that people don't know its fetches money @ least a decent income
You can make this your side business,most importantly endeavour to have multiple streams of income.

abimbolabolaw:
Please nairalander, I have a sum of fifty thousand naira with me and I don't want to waste it. please can anyone advise me on how to make something productive with it or anything that I can invest with it. I need several opinion. thank you

This your thread supposed to be posted in either business or investment sections where you can probably see some meaningful response that will help you out and not here in romance section.

Buy perfumes ...You can go wrong with a lovely fragrance

Travel down to owerri with it

abimbolabolaw:
Please nairalander, I have a sum of fifty thousand naira with me and I don't want to waste it. please can anyone advise me on how to make something productive with it or anything that I can invest with it. I need several opinion. thank you

invest in me, I need a laptop

buy a laptop from me and resell