What lucrative business can I start with 10K in Nigeria?

What are the top 10 most profitable small business in Nigeria?

Here are the most lucrative businesses in Nigeria:

  1. Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. …
  2. Agriculture business. …
  3. Food business. …
  4. Blogging Business. …
  5. Real Estate business. …
  6. Furniture business. …
  7. Hotel business. …
  8. Transportation business.

What business should I start with 10K?

List of Businesses to Start with 10K in Kenya

  • Blogging. …
  • Affiliate Marketing. …
  • Freelancing Business. …
  • YouTube Channel Business. …
  • Digital Influencer Business. …
  • Home Salon Business. …
  • Small Barbershop business. …
  • Delivery business in Kenya.

What business can I start with 5K in Nigeria?

List Of Lucrative Businesses to Start in Nigeria with 5K or 10K

  • London Used Cloths (OKREKA) Okreka are used clothes that are being imported from other countries. …
  • Pure water/bottle water business. …
  • Buying And Reselling. …
  • Noodles preparation business. …
  • Mini meet pie production. …
  • Liquid soap production. …
  • Daycare center business.
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What can I invest in with 10000 Naira?

With as little as 10,000 Naira, you can start today, either to invest in an emergency fund, or fixed income, or real estate or stock index.

What can I sell in Nigeria to make money?

Here is a list of what to sell in Nigeria to make money:

  • Selling Books. …
  • Selling IT Stuff in Nigeria. …
  • Sell Fashion Clothes. …
  • Sell Handmade stuff like crafts, paintings… …
  • Car rental services. …
  • Sell furniture. …
  • Cars and car accessories. …
  • Food and groceries.

What is the fastest growing business in Nigeria?

Fastest Growing Businesses In Nigeria

  • Catfish Farming. A lot of people have registered success as catfish farmers. …
  • Poultry Business. …
  • Real Estate. …
  • Haulage and outsourcing. …
  • Food Processing. …
  • ICT. …
  • Daycare Centre. …
  • Bottle/Sachet Water Production.

How can I invest in 10k property?

Here’s where to invest 10k in real estate:

  1. Real Estate Partnerships. The easiest way to go about buying an investment property with as little as 10k is a real estate partnership. …
  2. Online Real Estate Ventures. …
  3. REITs. …
  4. A Below Market Value Rental Property. …
  5. Wholesaling Properties. …
  6. Rent Out a Room on Airbnb.

How can I make money with a 10k?

Below are some ideas on how to make the most of your $10k.

  1. Invest in Stocks.
  2. Invest in Mutual Funds or Exchange-Traded Funds (ETFs)
  3. Invest in Bonds.
  4. Use a Robo-Advisor for Automatic Investing.
  5. Invest in Real Estate.
  6. Start Your Own Business.
  7. Invest in Peer-to-Peer Lending.
  8. Open a CD Account.

What businesses are in demand?

If you’re ready to run your own business, consider any of these business areas.

  • Consulting. Source: Kerkez / Getty Images. …
  • Online reselling. Source: ijeab / Getty Images. …
  • Online teaching. Source: fizkes / Getty Images. …
  • Online bookkeeping. …
  • Medical courier service. …
  • App development. …
  • Transcription service. …
  • Professional organizing.
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What business can make me a millionaire?

25 Businesses That Will Make You a Millionaire in 5 Years

  • Financial Services. …
  • Eldercare. …
  • Business Consultancy. …
  • Investment Firm. …
  • Education and Training Service. …
  • Insurtech. …
  • Cleaning Business. …
  • Healthcare Consultancy.

What are the most successful small businesses?

27 Of The Most Profitable Businesses With Low Startup Costs to Open in 2022

  • Start a Blog. The startup costs of starting a blog are really low. …
  • Business Consulting: …
  • Courier Services: …
  • Cleaning Services: …
  • Personal Chef: …
  • Tutoring, both Online and In-person: …
  • Logo and Design Services. …
  • Property Management:

What business gives daily income in Nigeria?

1. Barbing Saloon. The barbing saloon business is a very profitable venture in Nigeria wherever you find yourself. The business could bring you earnings of up to N3,000 daily for just handling six people (if you place the price of a haircut at N500) which gets even better on weekends like Saturdays and Sundays.

How can I multiply my money in Nigeria?

Below are some carefully selected ways you can double your money in Nigeria.

  1. Put your assets to work: …
  2. Buy shares: …
  3. Dividend re-investment: …
  4. Federal Government of Nigeria (FGN) bonds: …
  5. Forex trading: …
  6. Cryptocurrency trading: …
  7. Cryptocurrency investment platforms: …
  8. Setting up a side hustle:

What business can I start with 5000?

If you need a little more help brainstorming, here are six businesses you can start for under $5,000.

  • Tutoring or online courses. …
  • Make a product and sell it online. …
  • Open a consulting business. …
  • Create an app or game. …
  • Become a real estate mogul. …
  • Virtual assistant.
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What can I invest with 5 000 naira?

5 investment opportunities you can tap with N5,000 or less

  • Mutual fund. …
  • FGN Savings Bond. …
  • Stocks/ Equities. …
  • Fintech savings. …
  • Crowdfunding.