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What can I do with 500000 naira in Nigeria?

What can I do with 500000 naira in Nigeria?

9 Businesses You Can Start with 500k in Nigeria

  • Mini Importation Business.
  • Sales of Clothes and Shoes.
  • Barbing Saloon Business.
  • Football Viewing Center/Game Center.
  • Hair Dressing.
  • Real Estate Business.
  • Block Moulding Business.
  • Computer Service Center.

What business can I start with 500k in Nigeria?

Business you can start with 500k

  • Bakery: you can set up a standard bakery business with a minimum of 500k Nairas.
  • Production of bricks: This is another industry to invest in with 500k naira or as much as 1M, you can start a brick production company in Nigeria.

How can I invest 500 thousand naira?

  1. Mini Importation Business. This is certainly a good business venture you can invest 500,000 nairas in and certainly get rewarding profit.
  2. Poultry Farming.
  3. Pig Farming.
  4. Fish Farming.
  5. Goat Rearing/Farming.
  6. Real estate business.
  7. Laundry Business.
  8. Fashion designing business.
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Which business can I start with 500?

Here are seven small business ideas that take under $500 to start.

  • Become a Mobile Notary Public.
  • Start a Print-on-Demand Business.
  • Become a Social Media Manager.
  • Become a Professional Organizer.
  • Transcribe Audio for YouTube Channels or Podcasts.
  • Become a Freelance Writer/Editor.
  • Start a Small Rental Business.

Which business can I start in Nigeria?

Top 40 lucrative businesses in Nigeria you can start considering today.

  • Alternative power sources.
  • Poultry farming.
  • Email marketing.
  • Rice farming.
  • Making of fruit juice.
  • Search engine optimization business (SEO)
  • Content marketing.
  • Digital marketing.

Which business is most profitable in Nigeria?

Here are the most lucrative businesses in Nigeria:

  1. Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas.
  2. Agriculture business.
  3. Food business.
  4. Blogging Business.
  5. Real Estate business.
  6. Furniture business.
  7. Hotel business.
  8. Transportation business.

What business can I start with 2 million naira in Nigeria?

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.

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What can I sell to make money in Nigeria?

Top Business Ideas in Nigeria You Should Consider

  • Cosmetics Production Business.
  • Tomato Farming Business.
  • Gym Business.
  • Blogging.
  • Sale of Mobile Phone Accessories.
  • Mobile Phone Repairs.
  • Plantain Chips Production and Sales.
  • Ice block Production and Sale.

What are the most profitable small businesses in Nigeria?

Visit the beach side, amusement parks, Stadium complex, Trade-Fairs, Swimming pool side, etc. and see many attractive toys produced locally. With little capital of about N20K you can venture into this business. GSM PHONE REPAIRS SERVICES: This is another highly profitable small business.

Is 10000 Naira enough for a data subscription?

For an average user, ₦10,000 is more than enough data subscription. And these days, data is power or something like that. The truth is we are all hustlers, every last one of us.

What business can turn you to a millionaire in Nigeria?

With a capital between N20K – N100K this business could turn you to a millionaire over a period of time. HOUSE CLEANING SERVICE: Many home-owners and apartment dwellers will welcome help at “house cleaning’. Charge a flat fee for the amount of work that must be done.

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What can you do with ₦10K in Nigeria?

With ₦10,000, you could enroll at a skills acquisition centre. Or you could make it more flexible by getting a data subscription and browsing through DIY videos on YouTube on your own schedule. For an average user, ₦10,000 is more than enough data subscription. And these days, data is power or something like that.

https://www.youtube.com/watch?v=KO58X26KAj4