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What can of business can I start with 100k in Nigeria?

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What can of business can I start with 100k in Nigeria?

Below is our pick of the top 30 offline businesses in Nigeria you can start with at least 100 thousand naira.

  • Phone Charging Business.
  • Phone Accessories Business.
  • Food Vendor Business.
  • Fruit Juice Production and Sales.
  • Food Stuff Retailing.
  • Palm Oil Retailing.
  • Barbeque Business.
  • Dog Breeding.

What business can I start with 50 thousand naira in Nigeria?

20 Businesses You Can Start With 50,000 Naira in Nigeria

  • Baking Business. Baking is a thriving business in Nigeria.
  • Fast food Business. The importance of food can never be overemphasized.
  • Plantain Chips Business.
  • Selling Drinks and Water.
  • Small Scale Farming.
  • Smoked Fish Business.
  • Soap Production.
  • Home and Beauty Products.
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What business can I open with 100K?

Most Profitable Business to Start with 100k Online

  • Cryptocurrency Trading.
  • Web & mobile app development.
  • Launch your SEO agency.
  • Start a Digital Marketing Agency.
  • Start an eCommerce Store.
  • Start an eCommerce Store.

What can I buy and sell in Nigeria?

Top 15 High Demand And Fast Selling Products in 2020

  • Electronic Goods.
  • Fashion Items.
  • Cosmetic Product.
  • Health And Wellness Products.
  • Hair Wig And Extensions.
  • Baby Accessories.
  • Food And Groceries.
  • Phones And Accessories.

What can one invest in Nigeria?

List of the Best Investment Opportunities in Nigeria

  • Bank Investments.
  • Cryptocurrency and blockchain investments.
  • Real Estate Investments.
  • Agriculture and Livestock Investment.
  • Bonds and Stocks Investments.

What can you do with a 100K?

Try your hand in the stock market. If you have $100,000 to invest, stocks should be at the top of your list.

  • Capitalize on the hot real estate market.
  • Store same money away in retirement accounts.
  • Reach out to the community with Peer-to-Peer (P2P) lending.
  • Get help with your investments.
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    How much does it cost to start a production business in Nigeria?

    Usually, most production businesses are capital intensive because of costly machines employed in production. Starting production business can cost one as high as N300000, N500000, N1000000, and N200000, N750000, and N2000000+ depending on the product you intend producing.

    What can I do with n70000 to start a business?

    With N70000 you can do this business. The two most important things necessary to succeed in this business are ability to cook nicely and neatness. One of the high paying business you can start in your locality is production business.

    How to start a soap business in Nigeria?

    This business requires basic chemistry knowledge. With a capital of less than N80000 naira, you can start perfume and liquid soap production. For your liquid soap production, your first target market should be restaurant, hotel, fast food joints, beer parlours and catering centres.

    Is Ibadan a good place to start a business?

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    Ibadan has a total population of 3,500,000 as of 2015; Abuja 3,000,000; Port-Harcourt 1,947,000 and so on. So, with this high population in Nigerian cities and rural areas, businesses are bound to do very well if other things being equal. Updated 2020: the figures above are 2016 statistics