Pastry consumption is huge hence it is a good business idea in Nigeria. So you can make your design and sell them online or even supply them. You can be certified as a yoga instructor and can build yoga classes. Use an email you have access to, so you won't miss any email. 50 to be exact. This business is very lucrative because the products are very much in demand. Movie Production is a lucrative business in Nigeria that can be started with small capital. by carrying your products to places they are needed. Or if you prefer to work from home instead, you can start a business as a business that provides different homemade services for families. Tags: Make Money Online Tips and tutorial. You can bookmark this page and check back in the future for the most lucrative businesses in Nigeria. Oil and Gas business The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. Cow milk is almost as treasured as oil in Nigeria. Hotel provides shelter for them. Check for opportunities on Upwork or Fiveer. Thank you . Plus the only thing that is booming now is the creative industry. And because of poor electricity supply we depend on fuel for electricity. You can drive Uber with your car for extra income. The market is huge and very much in demand. Thanks for the post. Everyone today must come to terms that “It’s not what is done but how it is done” that makes the difference. Here are some opportunities in Agriculture business: This one involves the rearing of Snakes for commercial purposes. TOP 10 MOST PROFITABLE BUSINESS IN AFRICA 2020 #1. Apart from Mr. Bigg’s, you can open any franchise of your choice. Now my problem is how do I post on YouTube and monetize it. I do not know who you are but definitely you’re going to a famous blogger if you are not already Cheers! This is an untapped business in Nigeria. Moving to work, moving to church or mosque, moving to visit, moving from city to city. Real Estate is one of the most lucrative businesses in Nigeria and the world at large. More lucrative because not so many people are into it anymore. You can work as an agent. Blogging is easy to start. What to do.(confused). In this business, you will always have customer if you are in the right location. Owning a Petrol Filling Station, or supplying diesel might sound big and expensive but it is very lucrative. You find a lot of who have worked for many years without promotion, but no one can deny you that in your own business. Most of the things you use from cream to soup and many more are made from palm oil. In the Nigeria of today, we’ve witnessed the rise of many internets millionaire that made their money just by starting one online business or the other. Providing tuition services to students can be a direct way of starting your first business. This is a business that, if you run well, can make you rich. If you can find an excellent location, acquire the right skills and personnel, you can run a successful food business. Make a decision now and choose the right one that fits your criteria. I’m a sport enthusiastic, how do I try this into a profession and make something from it. People are crazy about football in Nigeria and it means its a viable place to invest in. You can start small and grow! Tailoring in recent years have evolved into a big industry in Nigeria. I also do not know where you are reading my blog. Agriculture . Car wash or detail services do not always need to include complex equipment or business skills. What is basic and constant in all are “Ideas”. You can also invest in lands and either develop or sell when it appreciates. These lucrative business ideas are very profitable. Another reason is the opportunity to grow and build a brand for yourself. She supplies food at conferences, seminars, bank’s AGM and so on. I believe a Nigerian can make a … If nothing sells especially in Nigeria, food will sell. YouTube also provides a popular forum for people to share information about many different topics. There is also Okrika business. You can develop properties in highly sought after environment for sale or for rent. You can find a good location in any city, with no competition or minimal competition around, and establish a fast food franchise. You can start an online shop with WooCommerce, Shopify or any other platform. If you are not interested in a carpentry shop, you can open a showroom and source for well-made furniture from good carpenters around. There is no limit you can take this to, you can grow it as big as creating domestic staff for people, which means you becomes the manager of a business and have people who can do all the domestic services. The demand is very high. You can also work in one or two groups to offer music lessons or classes in different devices or styles. You do not even need to go far, there are lots of families that need people to teach the kids their local dialect. Am a professional hair stylist but getting a shop is not coming easy. Employ skilled carpenters. Thanks Ayodamola, easy thing bro, create a facebook page, then you have the option to create a FB business account, fund the account since it is prepaid, then run your ad. You can also start your podcast to earn revenue from your show and sell ad space or work with brands. If you find a good location with minimal or no competition, you will make so much money. Oil and gas is definitely king among the most lucrative businesses in Nigeria. Pick one of the business ideas, improve upon what has been offered in the industry, create a better product/service and in no time you will have a strong brand and you start creating passive income as well. This will stand you out as people interested in these foods will look for you. All courses are video-based. I showed my students how I did that in my Website Design Mastery Course. There are more if you do your research. Here are the most lucrative businesses in Nigeria: 1. Another most profitable small business in 2020 is auto repair. Everyone today must come to terms that “It’s not what is done but how it is done” that makes the difference. You can also start your technical support company where you provide support to the phone or online people with experiencing technical issues. As the population continues to increase, and as status increases, real estate business will continue to boom. You can read more here: How to start snail farming business. With over 150 million people in Nigeria on the move, this business is lucrative. FASHION DESIGNING (Tailoring) Of all untapped businesses in Nigeria, fashion designing takes the front row. The market is big. In this regard, it can be hard to keep tabs on the endless possibilities that abound in Nigeria. If you have design experience, you can work on attracting your customers who need things like a logo or branding design elements. On average, high end bloggers make over 20 million Naira every month in Nigeria. Read more: How to start pure water business in Nigeria. There are also fleet management opportunities. Share. This business is very lucrative in the city. Take a look at Dangote. There are many other agriculture business ideas apart from the above listed. Thanking you for your help. I found your blog the usage of msn. Starting a poultry farm in Nigeria might appear easy because it is the easy run to for everyone doing business, but starting it as a business is something entirely different and a little more complex. The joy of employing people and giving them a means to survive should be a big motivation for everyone with a good heart to venture into business. There are many companies around the world who imports palm oil from Nigeria. You can also prepare single-service meals and sell the consumers at your home or ordinary commercial kitchen unless you have the supplies and necessary licenses. Once approved, you can open your own Mr.Bigg’s fast food and make money. Am really excited that you are looking to start a profitable business in Nigeria in 2020. Bloggers make money through direct advertisement, ad networks, affiliate marketing, product sales, sponsored post, partnerships and many more. These are some opportunities in oil and gas business. If there is one thing humans can never do without, it is water. With the right thought and determination, they can fulfil their own small business to make their dreams come true. Again farming is lucrative in Nigeria because of the looming population vis a vis our production rate. Fashion business is very much in demand. Here are opportunities in Oil and gas business: This is one of the most lucrative part of oil and gas business. You can open a Chinese Restaurant, Italian restaurant, Indian restaurant and so on. The huge recurring bill from cable TV has made it compulsory for a large percentage of football-loving fans to patronize any local viewing centre around. The clothing store (boutique) industry comprises of small retail stores that sell a limited range of clothing and accessories. In places like the USA and Australia, Farmers are among the richest people. Parties are big deals in Nigeria, needless to say, the sequel to this, rental services has become a lucrative business in Nigeria today. This business can be started even in your backyard, provided that you know how to operate the equipment and take care of your livestock. Read: Lucrative Online Businesses In Nigeria To Make Money (2020 List) Untapped Business Ideas in Nigeria 10. Nice list, so many options to choose from. Baking is another lucrative business in Nigeria in 2020. In addition anyway, most of these businesses are not what you can set up and expect a quick success, for one have to endure and hang on with some circumstances which might make you wish to give up, but I will advice you to stand strong for the hard times to fade and pass by…. Since you have seen all the lucrative business in Nigeria in 2020. This is no thanks to the bad economy management by the various governments. Because event sells, music sells as well. I know how difficult it is to let them know the next time that you cannot do this for free, but you have to. A lot of people are so focused on Petrol that they overlook cooking gas. I wanted to ask you something though… I was curious your thoughts on learning how to be a business owner. However, states like Lagos have been doing a lot to encourage proper waste disposal and management. I have compiled a list of hot online businesses in Nigeria selling like wildfire, I also stated the requirements to get started and exactly how to start. With few millions of Naira, you can start a petrol station. Loves writing, researching and helping people reach their dreams. But if you enjoy cooking and want to make your first business around it, then you can start a baking business where you sell specific items or custom creations for events outside your home kitchen. It is a delicate business but can yield double to triple the amount invested in it within a short period of time. If you can create your online network or viewers related to a particular topic, you can start working with different brands as an affiliate and earn a part of every sale of your sale. There are many opportunities in the real estate business. I will be sure to bookmark it and come back to learn more of your helpful info. I hope this helps. If Nigeria is Africa’s biggest economy, it makes you wonder what businesses keep Africa’s biggest economy thriving. You can even start by babysitting or even as a nanny. Hey Nicky, there are basically two ways to get traffic, whether it is affiliate marketing or whichever marketing, paid or free. Business In Nigeria. We have loads of them on social media. Palm oil is gold. Login Login with … I have friends who have thrown away their certificates and within a few months, they are already in the business of sewing. As long as your food is delicious, people will always come back. Nigeria is blessed with huge deposits of oil which presents some of the finest business opportunities for Nigerians. One thing that makes this business so attractive is that there are lots of loans or financing options available for agriculture entrepreneurs in Nigeria. In this post, I’m going to show you the Top 10 Most Profitable Agric Business in Nigeria. Help a bro pls. You pay both for a year. Thanks for sharing this awesome piece of information. With the rise of technology, many of these most profitable businesses fall under the realm of online business ideas—but not all of them. All the big and small companies in Nigeria depend on fuel or diesel to operate. Farming is one the most profitable business opportunities in Nigeria due to the large population of Nigerians. If you know many languages, you can create a business by providing translator services to individuals or businesses in need of assistance in converting conversations or documents from one language to another. Read more here: How to start cassava farming business in Nigeria, Chicken meat, Turkey meat and others are very popular among Nigerians, especially during festive seasons. People are always moving! The current pandemic has put on hold or crashed many businesses in Nigeria, as have many other factors which have been prevalent in the country for some time now, like the issue of power supply. 5 Lucrative farming businesses in Nigeria . With increasing number of cars on the road, it is safe to say that they would require repair at some point of their useful life. Living without a means of income is suicidal. View All Result . The business is highly lucrative. Home » Make Money Online » Lucrative online businesses in Nigeria that anyone can start (2020) Lucrative online businesses in Nigeria that anyone can start (2020) by Mfon Abel Ekene. No matter how hard the economy is, one thing people can never do without is food. I love that. For example, you can open a “Calabar restaurant” where you serve the world famous Edika-ikong and Affang soup. The demand for websites is high. “Mama Put” as fondly called is a good business in Nigeria. ! Pls I have a very complicated issue right now. With the number of cars in Nigeria and the hangouts we have. Kindly provide correct details so we can send the guide correctly. Starting this business you would need to get the necessary training, define your target market. Im a young man in my late twenties. Poultry farming is a very profitable business anyone can start with small capital. When you run your own business, you are building a brand. Managing social media accounts can earn six figures monthly. For paid you will have options to run ads with social media, sponsored post on blogs, social media influencers, PPC, SEM etc. So you can start a virtual assistant business as far as you have experience in those areas. This is an impressive post. There is too much dependent on oil and gas. For folks that can concentrate more on building social media accounts, can eventually build a business as a social media influencer, which earns money from posting about different brands and promotions. You can start with small capital or big capital. Read: How to start a real estate business in Nigeria. This business is very lucrative. You can supply cooking gas to retailers or you become a retailer and refill gas for end users. Real Estate is no doubt one of the most profitable businesses in Nigeria and the world. Please I’ve been so eager to know how to run a YouTube channel for my stylish profession. Perhaps more than in any other part of the world in this present time! Top Profitable Business Ideas You can start in Nigeria In 2020 – The year 2020 is a historic year as marked the beginning of a new decade, a new beginning comes with new opportunities and from my experience in business trends in Nigeria opportunities are unlimited.. in this article, I am going to explore possible profitable business ideas to watch out for in 2020: Online business ideas and opportunity that pays in Nigeria. You can choose to work as an agent. 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