Welcome to the Best Business in Nigeria. You are at home searching for Job? Are you searching for Best Business in Nigeria, best business? You are at the right place. Here, we are going to guide you on the Latest best business in Nigeria
Best Business in Nigeria, Best Business
Nigerian as the giant of Africa is a very populated country with multiple business opportunities. Some of the best state in Nigeria to start a business includes Lagos state, Onitsha, Abia state[aba], rivers state, Enugu state, imo state, Kaduna state etc. each of this state have the particular business that bombs but the listed businesses in this article are all tested and proven to be available in all the nigerian state. without wasting much time again, I will love to introduce to you the best businesses in nigeria.
This is a very profitable business sector where people have been neglecting over the years due to the discovery of oil. Now that the oil is drying up gradually, people are beginning to look into other sectors of the economy to create wealth.
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The best farming you can go into in nigeria and succeed in less than a year includes:
- Poultry Farming
This business is making average Nigerians rich. It is so lucrative business that even outsiders are coming in to invest in poultry farming business in Nigeria. You can start poultry farm business in nigeria with 1,000 birds and manage your poultry farm properly and when the turnover on the investment begins to come, you will be making hundreds of millions annually.
- Cassava Production
Cassava products seem to be the most consumable foods in Nigeria. If you can invest in cultivating 50 – 100 Acre in a fertile area like Ondo State, your harvest will be great.
- Snail Rearing
This is a very low capital investment with high yield and the market is big. There are few people currently doing this business while most of them are doing it in a very low scale. If someone invest heavily in Snail farming, he is sure to make good money in Millions within a year.
- Rice Farming
Rice cosumption in nigeria and around the world remains unbeatable. Billions of dollars goes into importation of this product yearly from China and Thailand because the local farmer are unable to meet up the demand due to poor funding and limited knowledge. Anyone who have a million dollar to invest should get in touch and partner with me with 100% return. $1,000,000 = $2,000,000 guaranteed.
- Pure Water Production and distribution business
You know how popular this is in Nigeria and how many that are dispensed daily. Though this business is capital intensive but well worth investing into, especially if you can manage it properly with professionalism.
- . Woodwork/furniture business
Buying and selling of Locally make furniture is a goldmine. You don’t need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sale in your showroom. It is a very big business in Nigeria as only few can afford the imported designers.
- Juice production
Nigerians drink fruit juice more than any other people. That’s why companies like La Carcella and Chivita who came into the country as nobody are today making billions of naira annually. This business in capital intensive but if you can afford it, it’s well worth it.
- Oil and Gas Business
We are blessed and cursed with huge deposit of oil in our land which presents some of the finest business opportunity for Nigerians and Foreigners. Owning a Petrol Filling Station , Supplying of Diesel, and Distribution of Kerosene are some the areas you can invest easily and make good money for yourself. Petroleum product marketing have been making millions for people and creating millionaires in Nigeria for years.
- Transportation business
The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one. Petroleum products haulage and movement of goods from manufacturers and importers are the aspect of haulage in Nigeria that is very lucrative now.14. Transport Business What we have in this sector of the economy is transport companies badly managed by local chiefs and touts. Invest in this business with good management and you will be wondering what hits you with bags of money.
- Hotel/restaurant Businesses
This is probably the coolest money making opportunity in Nigeria. Invest in small scale hotel of just 10 suites and watch as the money flows in. This has nothing to do with tourism boom of any kind; there is just something in Nigerians system that make this business very lucrative – Nigerians are jolly people!
- Fast Food Eatery
Eatery business is another goldmine though poor management can kill it death! If you wish to go into this business, be sure to get everything right and don’t forget it’s a bit capital intensive and requires good management skills. But if you get everything right, free money is yours.
- Importation and exportation business
If you are in USA, Germany, or Denmark, this business is especially good for you. Don’t just keep importing exotic cars, gather tokunbo spare parts in containers and ship it down to Nigeria. There is huge market for used (tokunbo) spare parts in Nigeria.
- laundery business
Professional dry cleaners at affordable prices are scarce in Nigeria. What we have are professional Dry Cleaners whose service fees are extremely high or mediocre dry cleaners who can never keep with time. Give them cloths today and meet it unwashed after one week. This business is a money maker if you balance it up.
- Car Wash business
This business is good if you can set it up in a strategic location in a place like Lagos, uyo, portharcot, owerri, Enugu, Onitsha etc where there are good number of cars. You.
- Building Materials business
The rate at which new houses are springing up in Nigeria, you get to wonder why many people still complain of housing problem. Investing in building material is a good business in Nigeria. I can count some guys who are making millions almost daily in this business.
- Running a School
School business has no rival among it’s mate. My little kids school fees take away close to a million naira per term just to learn ABC! School business in any level is a serious business in Nigeria that generate millions of naira.
14 Raw Materials exportation/importation
There is no better way to grow the economy than to exporting some of the raw materials that are abundant in the country.
- Advertising Agency
As the Nigeria’s online presence keeps increasing, so is its advertisers. Thousands of businesses in Nigeria are taking their business online to leverage the massive community of Nigerian internet users and market their products. This influx has created another business opportunity in Nigeria for savvy digital marketing experts. You too can setup your own online advertising agency in Nigeria today and make millions.
- Fashion Business
Nigerian people are probably some of the trendiest people in the world. Fashion designers are becoming millionaires on daily basis in Nigeria, thanks to the revolution in the Nigerian fashion business orchestrated by the boom in the entertainment industry in Nigeria.
- Media And Show Businesses
You and knows Nigeria is the capital of entertainment in Africa? You also knows Nigeria is the highest consumers of media content in Africa? Now you can see how viable and lucrative media and show business can be in Nigeria.
- Investing In Internet Companies
This is a new crop of investment opportunity that is creating Billionaires around the world including Nigeria. It is simple. You don’t have to be a Tech person, look for a creative online tech startup with good ideas and invest. Within 1 to 2 years you will be counting your profits in millions. Our number one goal has been to share business ideas freely and encourage fellow Nigerians to start business of their own. This investment plan is designed for those who really knows how to take advantage of a new opportunity. Don’t let the money sit in the bank for nothing, we can help you make 100% profit on your money.
- Warehousing/wholesaling: warehouse/wholesale dealers make a huge capital when they buy goods in very large quantities from the producers/manufacturers. These manufacturers sell their products to them in large quantities at very low prices(company price) which they will, in turn, sell it to retailers at a higher rate. They also make money from storing of stocks for companies and sometimes, companies do pay them to advertise their new products for them.
- Petroleum products retailing: This includes lucrative business like
- Gas station
- Petrol station
- Kerosene station
- Diesel station
A lot of Nigerians that go into this business are now billionaires. In fact, Petroleum products retailing business seems to be the most profitable business in Nigeria and the whole world.
Those were some of the best businesses you can run in Nigeria and make a lot of money in Nigeria, but my advice is that, you need enough money to start any of those listed best businesses in Nigeria because business is an investment and investing involves money. Hope this article (Best Business in Nigeria) was helpful? Share your thoughts below