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To start a business in Nigeria, many has the mentality that you need a very huge amount of money and this mentality has limited the thought process and actions of people, and many has been restricted only to their jobs, immediate social circles, and how they however accept anything life throws at them. Many has this challenge of starting a business because they believe that the costs of starting and running a successful business is very high but they forget that success comes in variations, and that small wins are the steps needed to drive any business towards its short and long-term goals. If you have been worrying so much about how much it costs to start and grow a business, here is a listing of low cost business ideas you can start with 100,000 Naira or less in Nigeria : 1. Snail Farming Snail farming in Nigeria is one of the most lucrative agricultural business ideas for young entrepreneurs in Nigeria. Snail farming is a practical and viable business venture that is yet to be fully explored in Nigeria and the rest of Africa. So why then do you think snail farming is important? Snail farming business The market opportunity for snail farming in Nigeria and in Africa is huge but grossly underrated. Snails are a huge part of the diet in many parts of Africa, although they are not always affordable and available all year round. If you rear snail in commercial quantity, hotels, and fast food restaurants will be your regular customers. In Nigeria, the prices of raw, matured snails go for N250 to N600 depending on the size. However, the annual demand for snail in Nigeria is about 7.5million kg annually. The international trade in snails is flourishing in Europe and North America. The United State America imports more than $4million worth of snails annually from all over the world, including Nigeria. For many years now, snails handpicked from the farm or bush has been the only way to get snails to the market and dinner table. Currently, the demand for snail is higher than the supplies, an indication that the market potential of snail is inexhaustible, locally and internationally. Starting both small and large scale snail farming businesses in the only way to fill up the spaces between the demand for snail and its supply in Africa. 2. Sales Of Mobile Phones Accessories One great low cost business idea with a large revenue potential is the sale of mobile phone accessories. So many people buy power banks, headphones, batteries, phone pouches, phone chargers, and more on a regular basis. The volume of phone accessories sold daily trumps the volume of mobile phones sold by an extremely wide margin. Mobile phone sales This frantic demand hasn’t just made it a great business opportunity for the populace to get into, but an affordable one to start from as low as 100,000 Naira and below. With a small stand at a public tech hub like the computer village in Lagos, you can start a mobile phone accessory business. 3. Poultry Farming Poultry farming business is one of the most lucrative agricultural businesses anyone can get into. This is one business that can be done on a small-scale and on a large-scale. If you start this business on a small-scale, if well-managed, you can grow the business into a multi-million-dollar business and create jobs and foreign exchange. Poultry business Everyday people consume poultry products like chicken, turkey and eggs at home, restaurants, eatery, hotels, fast food centers and at events. This gives you an idea of how large the market for poultry products is. 4. Production of Plantain Chips Looking for a business you can start with a very low capital, without expensive or sophisticated production equipment? Looking for a business you can start from the comfort of your home, and which has a ready and large market? I would recommend plantain chips production and sales business to you. This is a business you can do if you are unemployed and even if you are employed, you can do this business part-time and have additional income. You can employ people to run the business for you. If you don’t have funds to rent a business office, you can start this business from the comfort of your home. With as low as N50,000 you can start this business. 5. Perfumes And Liquid Soap Production This is one of the most profitable and highly demanded in the market.The materials needed to make liquid soaps are readily available, the business can be started with a very small capital, as the raw materials are cheap to buy. Liquid soap is easy to produce and you can start the business from home and above all, most people like liquid soap because it dissolves fast in water and aids easier washing when compared to solid detergents. You can generate streams of income from liquid soap production. 6. Web Development And Consultancy Web design and development consultancy services cost almost zero dollars to start up if the founders have good programming skills. If you have a knack to learn new things and are largely tech savvy, you could spend two months learning how to code, building sample works, and then officially launching a web development coy. All these can be done for less than 10,000 Naira. 7. Sales Of Farley Used Clothes Second hand wears are called okrika in Nigeria. These may include; shirts, trouser, pants, bags, blouses, gowns, belts, shoes, bra etc. There is okrika for adults and babies even though some people claim that selling babies clothing is more lucrative than adult wears, but I think they have equal chances making more profits, depending on how much effort, creativity and marketing you put into it. Read more : https://etiketa.com.ng/small-scale-business-ideas-can-start-100000-naira-less-nigeria/ |
The age old punch line “Location, Location, Location” still rules and remains the most important factor for profitability in real estate investment. Proximity to amenities, peaceful conforming areas, neighborhood status, scenic views, etc. are major factors for residential property valuations. While proximity to markets, warehouses, transport hubs, freeways, tax-exempt areas, etc. play an important role for commercial property valuations. Reasons why you should put location into consideration are; 1. A safe neighborhood People want to live where there’s little or no crime. Naturally, they want to feel safe in their homes and will pay extra for it. A safe neighborhood means people will feel free to walk around, be outdoors and interact with their neighbors. Communities still exist today where people don’t lock their doors, and they know their neighbors are there for them in a pinch. 2. Convenient access to popular places, shops and restaurants Everyone wants to be near the best commercial districts. The closer to the hubbub of a particular town or the best parts of a city, the better the location — and the more someone is willing to pay for a home. In beach communities, the closer to the beach, the more valuable the property. 3. Water access and views No matter which town or city, someone will always pay for a great view or to be on or near the water. Put a home right on a waterway or on a hill with panoramic views and you’ve got a great location. 4. Good schools Being in a good school district is important, even if you don’t have school-age kids and never plan to have any. Fact is, young families always will be buying their first or second homes. They will do their home search based on location in general and good school districts in particular. The better the school district, the higher the values of the surrounding homes can be. Bottom line: When you buy a home, you should always think like a future seller. 5. Access to public transit and/or freeways In major cities, the farther you live from the bus, subway or other types of mass transit, the less valuable the home. A good location means being very close, and having easy access, to public transportation. Being near a train or bus can get you anywhere in a short amount of time. Source : https://etiketa.com.ng/reasons-need-consider-location-before-investing-real-estate/
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President of Liberia George weah, has publicly declared that all public universities in Liberia will be tuition free. No school fees for any student pursuing undergraduate education at public universities in the country. Weah made the announcement during his visit to the University of Liberia and also took to his Facebook page to announce the joyful news to the world. Speaking to the crowd, he also promised that he would make University education free in the country and make Liberia an example to other African nations on the continent. During the last campaign before his election, George Weah said to a large congregation of his supporters, “I played football in Europe. I would have stayed in Europe and enjoyed my money, but I came to Liberia to redeem you from the bondage of hardships. See what I have done in this country in terms of development.” Today, will come down as one to be remembered in history as the president, in a few months after his election, has declared the prestigious University of Liberia and all other public Universities in Liberia tuition free. In a message through his official Facebook handle, the president wrote: “Today, I am excited to announce that I have declared the university of Liberia and all other public universities in Liberia Tuition free for all undergraduates.” This is indeed good news and one which will go down well with youth not only in Liberia but Africa in general. Source :https://etiketa.com.ng/liberia-president-george-weah-declares-free-education-public-universities/ |
There are a lot of amphibious vehicles in the world today but this one is different. It’s a Limousine when it moves on land, and a Yacht on water! Its a true combination of luxury and awesomeness. Its called TENDER 33 by Nouvoyage and it costs approximately ₦720 Million CAPACITY: 12 Passengers, 2 Crew and Wheelchair Access It can function as a luxury car and as a speed boat, it has many functions you can ever think of. See photos below: https://etiketa.com.ng/n720m-limousine-can-move/
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This heartbreaking video of how a dog brutalized a baby, the little boy seems to be playing with the dog, you know kids can be very playful and they don’t mind playing with whatever come close to them. Watch video below https://etiketa.com.ng/disturbing-video-dog-brutalized-baby/ |
Customers of Ikeja Electric Plc (IE) may once again experience the discomfort of extended darkness as members of the National Union of Electricity Employees (NUEE) have laid siege at the Company Headquarters in Alausa Ikeja and all its other offices across Lagos. The Union members who claim that the picketing of IE followed the disengagement of about 40 members of staff, have forcibly shut down operations at the offices thereby resisting access to IE personnel and customers who have attempted to gain access to the offices. According to Ikeja Electric, the recent separation of staff, was due to varying actions which are not in furtherance of the overall company objectives. This protest in coming in the heels of the promotions of about 300 employees last week and the recruitment of over 500 new employees in the past one year. The promotion exercise cut across all cadres of staff, including members of the respective Unions in the organization. Speaking on the development, Head Corporate Communications Felix Ofulue, questioned the motive for embarking on the protest which he described as self-serving. “When NUEE chooses to cripple socio-economic activities of over a million households, for issues that can be resolved through dialogue, one then wonders if the motives are as selfless as they claim. How do you plunge a country’s commercial nerve center into darkness because of a few of your members who have been separated from the business for cogent reasons? It is really appalling. It’s an abuse of privilege to picket.” he said. https://etiketa.com.ng/nuee-besieges-ikeja-electric-over-undue-actions/
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Cardi B’s favorite man, Offset a gang member belonging to the migos rapper has been reportedly nabbed by police in Atlanta Georgia for taking possession of illegal fire arm to his very own domain, report says a gun was found in his SUV. The American Rapper who just had a kid with Cardi B just few days ago, has given the cops a clear reason to search him for having a tinted glass all over. People who were present at the scene make claims that the rapper was arrested for having a firearm at his possession which was probably a Gun. https://etiketa.com.ng/cardi-bs-offset-reportedly-arrested-illegal-firearm/
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As a blogger or a web master, there are various things you need to know or do in order to improve the speed of your website, A slow web will only be a burden to you and your visitors. People who visit your site are more concerned about the speed and the pace at which your site load. Many people today enjoy a website that load in less than two seconds. You may wonder why you have not been getting enough traffic,you may have asked yourself this question ” why is my website so slow or why does it takes so much time before loading”? Things to do in order to improve the speed of your website Use a Reliable Web hosting services. Avoid uploading Images with large file size. Use a beautiful and responsive https://etiketa.com.ng/5-things-improve-speed-website/ |
The Super Eagles believe they should have been awarded a spot kick during a thrilling encounter, despite the match officials making use of VAR But it wasn’t in favor of the eagles, because the Turkish referee Cuneyt cakiro denied them of their possible qualifier to the last 16 stage of the 2018 world cup. Cuneyt official page See Nigerians reactions below: https://etiketa.com.ng/angry-nigerians-storms-cuneytcakiro-instagram-page-with-cursesfor-denying-them-a-win-against-argentina/ |
The National Drug Law Enforcement Agency (NDLEA) Command in Adamawa says some youth in the state now utilize human urine to intoxicate themselves. https://etiketa.com.ng/adamawa-youths-now-intoxicated-themselves-with-urine-ndlea/ |
Pig that predicted Nigeria to win
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No place like home
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The Cable reports that India previously held the position with a population of 1.324 billion as against Nigeria’s 200 million. We gathers that the report indicated that the number of Nigerians in extreme poverty increases by six people every minute. https://etiketa.com.ng/nigeria-takes-over-from-india-as-the-nation-with-the-highest-number-of-extremely-poor-people/ |
Nigeria battle Argentina in their last Group D clash at the Saint Petersburg Stadium on Tuesday evening – The Super Eagles are currently second on the log and a win will propel them to the next round – And Ighalo believes Gernot Rohr’s men are are capable of ending the Argentine’s dominance over them this time around Changchun Yatai star Odion Ighalo has insisted that the Super Eagles have got what it takes to beat Argentina in their last group clash against Argentina at the Saint Petersburg Stadium on Tuesday, June 26. Nigeria defeated Iceland 2-0 to rank second on the table with three points after two games, and they will hope to avoid defeat in order to progress to the next round of the championship. https://etiketa.com.ng/super-eagles-superstar-reveals-what-nigeria-must-do-to-beat-argentina-with-ease-in-last-group-d-encounter/ |
It’s a big decision to decide where to place ads on your blog. You want to make extra money, but you are not sure of where to start. Which of the ad networks is the best? https://etiketa.com.ng/7-ad-networks-make-money/ |
The Headies (previously known as Hip Hop World Awards), since 2006 has been recognising and celebrating outstanding achievement in Nigeria’s music industry. The 12th edition of the award show has just come to an end (as at the time of reporting this) and below is the Headies 2018 Winners List. Best Rap Single: You Rappers Should Fix up your Life – M.I Best Street Hop: Penalty – Small Doctor Best Pop Single: IF – Davido Best RnB Single: Smile for Me – Simi Lyricist on the Roll: You Rappers Should Fix up your Lives – M.I Best Performer: Yemi Alade Producer of the Year: Kiddominant Best Collabo: Ma Lo – Tiwa Savage feat. Wizkid Best Reggae/Dancehall Single: Holy Holy – 2Baba Read full details ://etiketa.com.ng/headies-2018-winners-list/ |
#BBNaija: Miracle picks up his car prize, 25 Million Naira cheque. (Photos) Big Brother Naija season 3 winner, Miracle Igbokwe earlier today, 30th of May, picked up his prize – a Hyundai SUV and N25 million cheque. https://etiketa.com.ng/bbnaija-miracle-picks-up-his-car-prize-25-million-naira-cheque-photos / |
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