I often see questions like “I have 200,000 naira, what business can I start with this money?” Sometimes you’ll read a social media post where someone is wondering what to do with 1,000,000 naira, and so on.
If you’re in this position or you’re hoping to save up some money and start a business, but you’re not sure which business to start, then this post is for you. Read down and you’ll find something you can start apart from popular akara and chin chin business which is also a good idea which many people don’t realise.
The good thing is that you can start some of these businesses listed below with no money at all (note: some of them, not all), you just have to tell enough people about your business, for example, coaching needs your intelligence, no money or office space is required for now unless you can afford them, you only need the same phone or computer you’re using to read my post right now, a social media account, and of course data and electricity to charge your phone.
So, here are 100 potential business ideas that could be lucrative in Nigeria:
1. Waste Management and Recycling
2. Business Coaching and Consulting
3. Sustainable Agriculture
4. Used Car Dealership
5. Event Planning and Management
6. Social Media Management and Marketing
7. Content Creation and Marketing
8. Import and Export Business
9. Freelance Writing and Editing
10. Translation Services
11. Tutoring and Mentoring
12. Personal Shopping and Styling
13. Graphic Design and Branding Services
14. Virtual Bookkeeping and Accounting
15. Mobile Coffee Cart Business
16. Pet Grooming and Boarding
17. Custom Clothing Manufacturing
18. Mobile Dry Cleaning and Laundry Services
19. Personal Training and Fitness Coaching
20. Interior Design Services
21. Digital Product Creation
22. Wellness and Integrative Health Services
23. Wedding Planning and Coordination
24. Real Estate Investment and Management
25. Senior Care Services
26. Landscaping and Lawn Care Services
27. Office and Home Cleaning Services
28. Tour and Travel Services
29. Photography and Videography Services
30. Art and Craft Supply Store
31. Online Education and Training Services
32. E-Commerce Store for African-inspired products
33. Mobile App Development
34. Online TV and Video Production
35. SEO and Web Design Services
36. Nanny and Babysitting Services
37. Air Conditioning and Refrigeration Maintenance Services
38. Computer Repair and Maintenance Services
39. Printing and Scanning Services
40. Business Process Outsourcing
41. Grocery and Food Delivery Services
42. Social Enterprise Development
43. Fashion Boutique and Retail Store
44. Fitness Equipment Sales and Services
45. E-Book Publishing and Sales
46. Personalized Gift Service
47. Offshore Outsourcing Services
48. Sustainable Energy Production and Supply
49. Personal Concierge Service
50. Digital Archiving and Preservation Services
51. Airline and Ticketing Agency
52. Organic Farming and Produce Sales
53. E-Commerce Platform Development
54. Mobile Game Development
55. Mobile Payment Solutions
56. Gift Baskets and Hampers Sales
57. Online Marketplace Development
58. Book Club and Literature Services
59. Home Healthcare and Nursing Services
60. Transit and Ride-sharing Services
61. Referral Services
62. Moving and Relocation Services
63. Renewable Energy Devices Sales and Services
64. Home Security and Surveillance Services
65. Social Media Influencer Marketing
66. E-Commerce Logistics and Fulfillment
67. Corporate Event Planning and Production
68. Natural Cosmetics and Beauty Products
69. Online Legal Services
70. Mobile Network and IT Services
71. Public Relations and Communications Services
72. Localized Search Engine Optimization
73. Event Ticketing and Registration Services
74. Home Automation and Security Services
75. Coding and Web Development Bootcamps
76. Virtual and Augmented Reality Development
77. Online Tutoring Services
78. Personalized Nutrition Planning and Counseling
79. Online Food and Nutrition Coaching
80. Art and Creative Workshops
81. Car Rental Services
82. Language Translation and Interpretation Services
83. Online Pet Supply Store
84. Outdoor Adventure and Travel Services
85. Residential Cleaning Services
86. Online Business Training Courses
87. Personal and Business Insurance Brokerage
88. Innovative Interior Design and Architecture
89. Professional Audio Production Services
90. Online Technical Support and Consulting
91. Mobile Medical and Healthcare Services
92. Eco-friendly Building Supplies and Installation
93. Localized Food Delivery Services
94. Digital Marketing Services for Small Businesses
95. Sustainable Clothing and Apparel Store
96. Mobile App-based Security Solutions
97. Cloud Computing and Hosting Services
98. Online Personal Shopping and Styling Services
99. Professional Cleaning for Commercial Spaces
100. Mobile Food Vending and Catering Services.
These are just a few examples of potentially lucrative business ideas in Nigeria. It is important to conduct research, develop a solid business plan, and seek advice from experts before investing time and money into any business venture.
