Starting a business in Nigeria and other parts of Africa can be very easy and lucrative if you know what exactly to venture into. Owing to the large population and diversity of the people, the business opportunity is endless.
Funds: the amount of money you have or can be able to raise.
Location: where the business will be located. Ask yourself if the your choice product will needed in your current area or will you need to relocate to an area where it is needed. Some businesses will require a vehicle for distribution. It all depends on the nature and scale of the business.
Personal passion and abilities : while not underestimating your self, you need to be sincere to yourself on what you can be able to handle and what you are passionate about. Because sometimes things may not be rosy at the starting or the business may suffer some setbacks along the line, the only thing that will keep you going at such a period is your passion for the business. many other factors
if you are specifically interested in small businesses read our post >> small businesses you can start with less than 10k in Nigeria
growing and selling of flower seedlings, plant seedlings.
printing photos for photographers, printing colored graphics.
bags of cement, Rods, Roofing sheets etc
Become a major cement dealer. you need a shop or you can work as a middleman between cement dealers, civil contractors and cement manufacturers
Enough capital and right connections are required. You may import brand new ones or used ones from overseas of buy locally.
Mobile phones and tablets, charges, earphones, USB cables, Phone case, Headphones, Bluetooth headsets.
Male or Female Shoes, Palms, Sandals, Boots, loafers, Pumps, Flats.you may import or buy from whole sellers.
Most good shoes people wear everyday in Nigeria are fairly used ones. You may import or buy from major importers.
Apples, Grapes, Carrots, pineapples, Tiger nuts, Groundnut, Onions E.T.C.
If you have the required Education you can start this. You may however liaise with a Professional in a form of partnership where you provide the funding and he or she provides the expert services.
Tires, Engine and component parts, Lighting components E.T.C
You may run it yourself or employ people .
A car lease Firm or be Leasing out your private car.
Sales requires capital while installation requires skill.
Toilet soap, Laundry Items, Detergents, Liquid Washed, Disinfectants.
Fingerling Breeding and Fish farming
Cooling Vans and Cold Storage rooms.
You may Run it yourself if you have the skill or alternatively, hire a producer.
Design and produce fashion items like clothes, shoes, bags E.T.C.
Very lucrative in the country presently.
Insecticides, Pesticides and herbicide Fumigation for farm crops.
Bread, Chin Chin, cakes, Pies , Rolls E.T.C
Monetize your skills and knowledge. A lot of persons don’t have the time to join a regimented institution to get the knowledge and skills they need. You can personally teach them at their free time if you have the ability or build a firm with registered home tutors and collect commission.
This requires intelligence, language skills and charisma.
build a couriers services firm or do small scale with your private car.
marriage, relationship, Business, career etc
perfumes, body cream, lip gloss etc
sunglasses, chains, necklaces ,rings.
gold plating, golden rings, chains and others.
Newspaper, Online news Media.
Towing vans and Towing Trucks.
processed and packaged fruit juices are sold in massive quantities across the country. people are always seeking refreshment.
Wall and floor tiles, Granite and other related materials.
Garri is enjoyed everyday in large quantity by majority of Nigerians, So it is a highly demanded product.
Food seasonings, nut meg, curry powder, Tomato paste, Groundnut oil, Salt E.T.C
Plastic chairs, Plates, Buckets, Cups, Water cans, Plastic tanks, PVC pipes E.T.C.
Can be done with your private car if you have one or you may purchase a low cost vehicle for this purpose. depending on your capital, One vehicle is enough for a start, then you can increase the number as you grow.
We will keep updating this page with more vital information and relevant links to help you successfully build your dream business.
There are certainly some businesses ideas and services that one can start in Nigeria we missed. so kindly put them in the comment section so that we can update the list for the benefit of those who are in search of business ideas.
This post was last modified on December 4, 2018 5:33 pm
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