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23. Rental Services Rental services is a profitable business as people are always in need of things they do not have. It is one of the hottest startup business ideas that you can start and make money in Nigeria. Events are being done every now and then. People will always need help with renting canopies, cars and the likes. Rental services are one of the business services with low capital and high profit. Once you start, you can deploy digital marketing services to get in front of your audiences and create brand awareness. |
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22. Dry Cleaning Business Some people just like doing the laundry and isn’t just tired of it. If you’re this person, why not channel that passion into something that you can be earning from? Now, washing and drying machines have even helped in making the work easier. The dry cleaning business is a very lucrative because people will always patronize you. Not everybody has the time to do their laundry probably because of work or they’re not just free to do it. Hence, you can start a dry cleaning business in Nigeria today. |
21. Hospital It might interest you to know that you can own a hospital even without necessarily being a medical practitioner. The health sector is really lucrative, people visit the doctors every day. Good health is not underrated. If you have the resources to get land and build a hospital, why not do it? The next thing on your list will be to employ a doctor and nurses as well as the hospital cleaners and every other worker a hospital needs to be working for you. Pay them their monthly or weekly salary and you’re good to go. |
20. DropShipping This is one of the new and very lucrative business ideas in Nigeria today. It is one of those businesses you can start with low capital. All you’ll need is a laptop or smartphone, internet connection, and your social media platforms e.g Twitter, Facebook, Snapchat (any of these could serve as an online shop). You generate huge money drop shipping in Nigeria. The secret of the business is identifying and knowing what the people are In need of at the particular moment, and knowing where and how to source for those items. |
19. Hotel Business The hotel business is one of the untapped businesses that are really lucrative in Nigeria. People travel every single day for various reasons and they’ll definitely need a place to lodge either for a night or for as long as he/she so desires. Hence, a hotel business will always be a profitable business to start in Nigeria. |
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18. Okrika Clothes Business It is one of the wholesale business ideas in Nigeria that you could make a profit worth double the actual price of the bale. You can post the pictures online with the prices attached or you can sell them individually to people. Okrika is one of the low-cost business ideas with high profit. It will always be bought due to this state of the economy. Hence, it is a lucrative business to start in Nigeria today. Lagos, Onitsha, Kano and Aba, have good markets to purchase a bale of clothes for sale. The start-up capital may vary as it depends on you. |
17. Supermarket You’ll always see supermarkets along the road. What does this tell you? People buy every day. Owning a supermarket is an extremely profitable business in Nigeria. Though you might need a huge capital to rent or build your own outlet, you’ll surely make sales. If you’re a busy or working-class person, you can employ the services of a sales boy or girl and pay them either weekly or monthly. This is one of the startup business ideas you can begin today with the capital and right location. |
16. Skincare Business 95% of women and about 75% of men use skincare products like cream, soaps, butter, oils etc... Starting a skincare business is of course, one of the lucrative startup business ideas you can kick off in Nigeria as a lady. You might learn the trade from a professional in the field. Once you have acquired this skill and understand how to use the right quantity and quality of raw materials during production, you’ll make good products. Your customers will be glued to always patronize you. |
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. |
14. Boutique The fashion industry is one powerful sector that will always be vibrant in any economy because all over Nigeria and the world at large, people have a basic need for clothing. Hence, starting your own boutique is a lucrative business idea to launch in Nigeria. Beyond this need, fashion is ever-evolving due to the huge and diverse interest in styles and want. Starting a clothing shop boutique business is a profitable business here in Nigeria especially if you focus on ladies wears. Ladies love fashion and styles, it is not out of place to say that it is a business that will interest you and fun to grow as you expand. |
13. Cosmetics and Hair Saloon If you are a beauty freak, then going into cosmetics is absolutely the best business. However, the niche is an ever-changing one which implies that you will need to always keep up to date with the trend to stay relevant. Cosmetic and hair salon is a very profitable business for ladies in Nigeria and every part of the world as people naturally want to look good. You could open a unisex salon and have a team that services the needs of both male and female customers. |
12. Plantain Chips Production and Sales If you are asking, what can I produce to make money in Nigeria? Plantain chips production and sales is the business. You have probably seen it almost everywhere – the popular, delicious crunchy snack made from unripe and ripe plantain. Hawkers sell them to travellers and passengers on highways and in traffic. But the truth is, you probably did not realize it is such a profitable business to invest in Nigeria. You don’t need to be a big brand like Leventis or UAC food to start a plantain chip business in Nigeria. If you are looking for startup business ideas in Nigeria that you can start with 50k or less, then a plantain business is one that you can start. You can get started today right from your kitchen. Just choose a brand name and place it on transparent packaging nylon, and you’re set to go. You can also engage the service of a successful coach in the business to learn some recipes and develop a long term business plan that is scalable. |
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if that's your fear.