Do you want to make more money to keep up with the Nigerian economy’s rising demands? You’ve come to the right place if that’s the case. Here are a few untapped business ideas to think about.
You are aware that Covid-19 has had no impact on the emergence of billionaires, especially in business world. We must all have the confidence to take advantage of the resources and potential that we have. So I’ve whittled it down to the top eight untapped business opportunities in Nigeria that will get you up and running in no time.
1. Home delivery
Most citizens nowadays are just too busy to go shopping. Why not start your own private delivery service that delivers goods directly to people’s homes? If you do these stuff, you can make a lot of money.
2. Snail farming
With little or no money, this is one of Nigeria’s most profitable businesses. Nigeria is home to more than 200 million people, the majority of whom enjoy snails. Snail farming is also a low-cost or no-cost business to start.
3. Cleaning vehicle
This company is really profitable no matter what time of year it is. Car owners need a low-cost car wash within walking distance of their residences. .
4. Recycling business
All that is required is access to a waste-filled field. After you’ve obtained a significant amount of all of these waste products, take it to a place that buys it.
5. Laundry service
This can be very profitable if you can find a profitable environment for it. An environment which is populated by students from higher education as well as upper-middle-class jobs who can afford it.
When it comes to their lives, Nigerians are serious. Just a few examples include weddings, baby showers, burials, celebrations, and home commissionings. You might start a business providing ushers for these types of events.
7. Tutoring in your home
A home tutorial is a brilliant business idea for students in Nigeria. As a graduate or even an undergraduate, you can start a home tutorial business and make a lot of money.
8. Cleaning Service
Home cleaning services are also a viable small-scale business model in Nigeria.
Daily income business in Nigeria
They are some basic business principles to be aware of before venturing into any business. Do you need some ideas for a business that brings in daily money?
Here are some tips for you
1. The noodle-making business
Starting this business does not require a large sum of money, depending on how you want it to look, you can start with as little as 10.000 naira.
2. Sachet and bottle water industry
A pure water business might be a good option if you live in a populated area since it does not require a big initial investment.
3. Buying and selling.
Many Nigerians are unaware of the existence of this industry. Only a few people work in this industry, and they make a lot of money.
4. Baking business
This business can be started with a small investment of 10,000 or more.
5. Oil soap manufacturing
Many people are getting into the liquid soap production business because it is cheaper and sells faster,
6. A daycare center’s company
The need for good childcare management is increasing every day. Many parents are working incredibly long hours in order to provide adequate financial support for their families, leaving them with less time to spend with their children. and are looking for someone who is capable and productive to look after their children.
7. Creating a uniform
This is the business for you if sewing clothes is a hobby you love and want to pursue as a profession.
8. Provider of call center services
The call center business is very common because many people need guidance, advice, or want to complain about services.
9. Staffing agency
Unemployment is a major problem in Nigeria, and many people are desperately looking for work. You should serve as a recruiter, assisting people in finding their dream jobs. All you have to do is recruit staff from a number of companies.
Business in Nigeria with small capital
1. Food Home delivery
When you prepare delicious meals, package them, and send them to people’s homes or workplaces, you will earn money and happiness.
2. A training center
Do you have experience in a particular area and think you might help others hone theirs? .
3. A personal shopper for you
Shopping for people who are too busy to go to the store can earn you a lot of money.
4. Farming business
5. Bottled water processing
Staying hydrated is important for everyone’s wellbeing, so people drink water on a daily basis. Apart
6. Recharge cards business
This company has recently become a groundbreaking business in Nigeria (See exactly how to register a business in Nigeria) because so many people are continuously calling someone on the phone and need to recharge their phone on a regular basis for the best experience.
7. The food and beverage industry
8. Owning and operating a bakery
The cheapest business to start in Nigeria
Have you thought about how you might earn money? Here is a list of low-cost Nigerian businesses to start.
- Bead-making instructor
- Exercise instructor
- Freelancer who works as a writer and marketer.
- Tutoring services in the comfort of your own home
- Repairing mobile phones and working as a graphic designer
- Web builder
- Car and phone battery charging
- Cooking Service
- Event Management
- Ghost Writer
- Food Delivery Service
Finally, the Nigerian business ideas mentioned above are the best of the best. You can make a lot of money in Nigeria if you are prepared to work hard.
- John Aina Ajibola has a Masters degree as an engineer and has over 3 years of teaching and research experience. He is happiest when on a bike and is also interested in electric energy and computer Science.