Lucrative Business Ideas In Nigeria While the thought of multiplying your funds or capital is awesome, these businesses aren’t quick to the rich scheme. At the end of the day, all you have to do is choose an idea that is most suitable to you. The four steps below is only to serve as a guide which can be further elaborated. Free Wifi. Therefore, this might be a more successful business in a developing metropolis. Women are also rapidly embracing haircuts that where once solely associated with their male counterparts and vice versa. Most fish fingerlings are imported from Japan, however in some part of Nigeria like Ibadan, there are companies that hatch fingerlings. Hence, making IT support one of the businesses in demand. Also you can sell your birds during festive period. If anyone need to purchase or lease land for farming either pastoral, Arable or mixed, I can be contacted. A period where men more than ever can explore several fashion options, even in the area of hairstyles. Reply. Starting a business in Nigeria may be a bit difficult, especially if you are a bit confused about what business to venture into. You can consider investing in this because you are sure to sell these products in other parts of the country. You can make money through drawing and sketching (cartoons), this business requires creativity. Even so, you can read our article on how to make money online to get more internet-based businesses. This business is so profitable that foreigners are investing heavily in it. Learn more. Agriculture is one of the main occupation of the people, as it has a very suitable climate for the cultivation of the following crops like; Maize, yam millet, palm produce, cocoa and a host of other crops. ... Hello, Please I am a nigerian from the US who currently owns 16 acres of farm Land in Ibadan. This list would incomplete if rice farming isn’t started. Obtain knowledge about government activities, as well as emerging trends in the current economy. You can organise private lessons for children of different families with a proper schedule. So, this is the 2019 list of the most profitable Agric Business Ventures in the Nigerian market. Don’t forget to share your testimonies in the comment section when that happens. The lower overhead, increased geographic versatility and good returns makes it one of the most profitable businesses in 2020. 1.3K likes. A lot of Nigerians are cashing out from this business. No matter what, for several obvious reasons people will always have a need for new clothes. As always, you can also broaden your audience by offering you services online. Drop Shipping. Best Dining in Ibadan, Oyo State: See 225 Tripadvisor traveler reviews of 31 Ibadan restaurants and search by cuisine, price, location, and more. Barber’s Shop-: There are barbers scattered all around the country; and Oyo state isn’t an exception. It is located in the south western part of the country. Agriculture Companies in Ibadan, Nigeria. Although you make require some months training to become excellent in this business, changing of engine oil, battery swap or replacement, headlight repair and many other fundamentals do not require much training. To reduce overhead cost you can keep the business mobile. SACHET WATER BUSINESS Disrespected Businesses. And you do not need to invest a huge sum of capital to begin. Decide on Type of Poultry Bird. Plus the only thing that is booming now is the creative industry. 1. Irrespective of the most profitable business idea you decide to venture into, they have some things in common that we would like to enunciate. If you’ve answered these questions affirmatively then here’s a business opportunity you can explore. Secondly, with the emergence of disruptive technology, some businesses listed here can be done online. Others may decide a do a fashion throwback. The #1 Best Value of 400 places to stay in Ibadan. You can make your services available for request on social media and eBusiness websites to broaden your audience. This is reveals Nigerian dependence on rice. If you can balance this business opportunity up, it’s a lucrative business idea that you can start in your living room. Many people would pay a premium for a mobile car wash service that came to them, instead of having to drive across town to access a car wash. Some are influenced by the current fashion trends. This is one state that has continued to be one of the strong forces in the south western part of Nigeria because of its rich cultural heritage. This state is an inland state in the south west as stated earlier and is bounded in the north by Kwara state, in the east by Osun state, in the south By Ogun state, as well as the west partly by the republic of Benin and partly by Ogun state. Till then, stay safe. Mobile Food Artisan10. Customer Service Representative, Sales Engineer, Finance Manager and more! With the high rate of unemployment in Ghana, a lot of people are left without jobs. Even so, you would incur some overhead costs. 50 Business Ideas In Nigeria With Little Capital You Can Start In 2020 / Top 5 Profitable Online Business Ideas In 2020 / Top 10 Business Ideas In Nigeria In 2017 (1) ( Reply ) ( Go Down ) Business Ideas In Ibadan by xnigga ( m ): 10:08am On Apr 01 , 2017 These businesses posses juicy potentials for growth. These businesses are profitable small scale business ideas with little capital start up. You need to … Ibadan Chamber of Commerce, Industry, Mines and Agriculture (ICCIMA) is a business pressure group that is concerned with commercial and industrial concerns in fast growing in Ibadan… Firstly, the businesses presented on this list are not the only profitable small businesses in Nigeria or anywhere else in the world. Since this is one of the businesses that thrive in Oyo, and a lot of folks are keying into this then you may consider starting this business too. Private Home Tutor, Your email address will not be published. There lies a business in demand in Nigeria. Monitor how quickly you turn those plans to the most successful business you’ve ever ventured into. Hence, more parents are making use of other options to compensate for the reduction in quality enrichment activities in schools. Each of these footwear costs at least ₦3,500 for the slippers and up to ₦28,000 for handmade shoes. For a lucrative hotel business, an entrepreneur must site the hotel at the centre of the city – the heart of the city where everything modern can be found. It isn’t compulsory that you must always render your service in a gym. It can seem arduous to find the perfect business idea. Nigerians are people who love to eat more homemade foods than the fast foods, unlike their foreign counterparts. If you are looking to relocate to Oyo state, and are looking for the type of business to invest in, then you may consider some of the business opportunities in this article. Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today. Some wrongly claim that it is just a fancy way to describe a tailor. In view of the foregoing, electronic repair services is no doubt one of the most profitable small businesses in 2020. You can also consider leasing a land if you do not have the wherewithal to buy a land. As a result, they’ll employ someone to tutor these children after school and during the weekends. You’ll also need to strengthen your fashion portfolio and improve your knowledge of business and finance management. Coupled with the fact that most Nigerians prefer locally produced rice to imported ones, provided it well-processed. It is for that reason that the recharge card business becomes a viable business to start in this state. What about kerosene business how profitable is it, cos am thinking of going into that bid. You can also start funding your initial growth with a business credit card if that is available where you live. This is the reality for people with high end cars who would prefer more personalized service. Hence, the need for a mobile eatery. This should be included in your plan. This is because of the high number of people who use mobile phones. 19 Business Administration jobs available in Ibadan on Indeed.com. Recharge card business is one of the businesses that thrive majorly in Oyo state. It would require you buying some farm lands, that is if you do not possess any land. It is one of those lucrative businesses that has been thriving well in cities. A sweet side hustle. Making fitness more available to your clients might just be the ticket to helping both of you achieve your goals. You can market your work by doing a job without any formal request, contact the business owner and show it to them. You consent to this policy by using this site. So do a survey on the environ to ascertain the requirements. 10 Top Lucrative Business To Start In Nigeria With 100k or less While the thought of multiplying your funds or capital is awesome, these businesses aren’t quick to the rich scheme. ABM MULTISECTOR LTD engaged in the trade of Consulting, Business and Project/HR Management and maintains a branch office at 6 Aluko Street, Challenge, Ibadan, Nigeria Verified Phone E … This article will discuss fast growing small scale business ideas to invest in Nigeria, investment opportunities for Nigerians living in Diaspora. Electronics Repair2. Do you have a knack for fitness? The work tailor is merely a fragment of what a fashion designer does. Below is the most lucrative online businesses in Ghana that you can invest in today. What you need is … Here are some of the best businesses to do in Nigeria: 1. However, you can penetrate the market by lowering your price, but make it too cheap so it doesn’t look like your work is inferior. Most parents interpret success in school to mean that the child will become successful in life. … You can start this business right from your home with small capital like 50k. Even though this doesn’t always hold true, yet it presents a business or service in demand. Transportation business in Nigeria is still growing with the increase in population which is estimated at about 180,000 million as at 2018. While there are … We know you would reap the benefits of you hard and smart work. Adis Hotels Ibadan. This means that you must know a whole lot about the different types of phones that exist, as well as the troubleshooting means. You would first be required to get the required training so that you would be a certified mechanic and people can trust you to deliver. Things like rice, beans, garri, amongst other things are what would be sold. Aso oke is one of the traditional attires of the Yoruba people, and as such you can also find this business thriving in Oyo. Begin formulating plans that help you succeed, and implementing those plans accordingly. In recent times, there is a rising necessity to live a healthy life. Blogging. Your suggestion is always welcome. People will always want to make their hair. You’ll also find ideas that fall within the realm of childcare, others that correspond more to B2B services, and some that suit entrepreneurs who are looking to be on the move with their businesses. Ibadan’s beginnings are shrouded in mystery; they were recorded only in oral tradition. Hike rice still remains the single most consumed food staple in Nigeria become –. In Ghana good returns on investment in Nigeria and their family from this venture can be! Day, all you have the wherewithal to buy a land is if you do not have the wherewithal buy. 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