Top 12 Profitable Businesses In Nigeria With Low Start-up Capital

Profitable Businesses In Nigeria

PROFITABLE BUSINESSES IN NIGERIA YOU CAN START WITH LOW CAPITAL
With the rapid decline in economic growth most especially during this period of worldwide pandemic which have resulted in to massive firing of the already employed individuals, looking for other source of income apart from white collar job has now become the other of the day.

While many individuals already have one or more businesses in mind to dive into, the capitals involved in starting up those businesses has also become a hindrance to many.

Most peoples usually thinks that starting up a business with a very huge capital is the best while ignoring or neglecting some highly profitable businesses in Nigeria that can actually be started with low capitals.

In fact all the big business organizations you see today starts on a low key and then gradually grow big to where they are today. Investing huge capitals on a business is good but what if you can’t afford this huge start up capital?

So in this our highly profitable businesses in Nigeria with low start up capital article, we’ll be providing a list of some businesses that one can actually be started with low capital and gradually grows it.

Without much Ado, let’s dive into listing that highly profitable businesses in Nigeria with low capital.


But before you Proceed, Kindly Take a look at our BUSINESS PLANNING TIPS to enable you choose the best thriving Business in your Environment.

HIGHLY PROFITABLE BUSINESSES IN NIGERIA WITH LOW START-UP CAPITAL.

I will first of all list out these profitable businesses in Nigeria before making an insight on them.

  1. RECHARGE CARD PRINTING AND DISTRIBUTION.
  2. VIRTUAL TOP UP (VTU), DATA SELLING AND BILL PAYMENTS.
  3. BLOGGING/INFORMATION MARKETING.
  4. POULTRY FARMING.
  5. SNAILS FARMING.
  6. SELLING OF LIVESTOCK FEEDS.
  7. CAKE BAKING/CATERING SERVICE.
  8. EATERY/RESTAURANT.
  9. EVENTS DECORATIONS.
  10. BUYING AND SELLING OF FAIRLY USED PRODUCTS.
  11. SELLING OF CHILDREN WEARS.
  12. LIQUID SOAP MAKING.
  13. STARTING UP A MINI CAFE.

That’s just a few of the profitable businesses in Nigeria with low start up capitals. Now I’ll be giving a brief explanation and hints on each of the above mentioned businesses.

  1. RECHARGE CARD PRINTING AND DISTRIBUTION: Recharge carding printing is a business that thrive in almost all parts of the country. Currently, there can be rarely a single home without one or more phones and this phone users can’t do without recharging even if it’s once in every two weeks.

So one can actually be printing and selling those recharge card vouchers to make a living. Printing of recharge cards requires you to partner with recharge card mega dealers who will be supplying you the pins to print or sell

The Requirements to start up this business are:
• A laptop/Smartphone/POS machine.
• An Active Email address.
• A printer And
• Papers for printing.

If you don’t have A laptop and a printer, then you can make use of a café.

Recharge card printing Business can be starting with a capital of 50k and above. This is one of the most profitable businesses in Nigeria that most neglected.

I WILL BE DROPPING FULL DETAILS ABOUT RECHARGE CARD PRINTING AND HOS TO GET STARTED WITH THE BUSINESS IN MY NEXT ARTICLE. Yeah, it’ll be an article on it’s own.

VIRTUAL TOP UP (VTU), DATA RESELLING AND BILL PAYMENTS:

This is another profitable business many people ignored. Though it has many similarities with the recharge card printing/selling above but there are still some differences.

While Recharge cards are printed on paper before being sold to the end users, in VTU, you send the airtime directly to the end users phone (this is also different from airtime transfer).

The recharge you made from your bank accounts is a good example of VTU.

To Start a VTU Business, all you need to do is to look at for a VTU platforms like Recharge And Get Paid (RAGP), Naijamobile, imranservice e.t.c register on it and then start ordering for airtime for your clients.

Usually, you’ll be earning 2 to 5% of whatever amount you top up for a clients.

DATA RESELLING involves subscribing of data’s for clients in a similar way to the virtual top up. You’ll earn #50 to #200 data sold depending on your market strategy and price tags. For example you may buy 1gb data for #450 and then resell it #600.

BILL PAYMENT are services like DStv, GOTv, StarTime subscriptions. Up Electricity and other payments also included. Usually, the earnings ranges from 5% to 10%.

This business can be started with as low as 10k. And if you are not financially buoyant to fund your wallet, you can pay as you buy.

OUR NEXT ARTICLE WILL COVER THIS BROADLY, WATCH OUT.


OUR NEXT ARTICLES WILL PROVIDE MORE DETAILS ON HOW TO GET STARTED WITH POULTRY FARMING. JUST ENSURE TO SUBSCRIBE TO OUR FREE NEWSLETTER DELIVERY TO STAY UPDATED. ALSO FOLLOW OUR FACEBOOK PAGE.

3. BLOGGING/INFORMATION MARKETING:


  1. My list will be incomplete without mentioning this.
    BLOGGING refers to the creation of website where you can be sharing some information, ideas, views and so much more. So if you are good in writing and sharing of ideas, then this is exclusively for you.

In blogging, you need to attracts more visitors/readers in other to be able to monetize your blog by selling ads space and partnering with some ads companies. BLOGGING is more like an investment and not something you can start today and start yielding the fruits tomorrow.
It requires a lot of sacrifice and devotions.

Click Here To Learn How To Design Your Own Website/Blog.

  1. POULTRY FARMING: This involves the rearing of chickens.

To do this, all you need locate a suitable location for your poultry farm, demarcate the area with a wire nets and then buy some chickens to rare. You’ll also needs to spending money buying the chickens feeds. Great care needs to be with kind of business to ensure the chickens survival.

OUR NEXT ARTICLES WILL PROVIDE MORE DETAILS ON HOW TO GET STARTED WITH POULTRY FARMING. JUST ENSURE TO SUBSCRIBE TO OUR FREE NEWSLETTER DELIVERY TO STAY UPDATED. ALSO FOLLOW OUR FACEBOOK PAGE.

This Business can be started with as low as 30k depending on your location.

  1. SNAILS FARMING: This is another profitable business in Nigeria and beyond but it is been neglected.

It involves the raring of snails. You can do by choosing a good location (with loamy soils preferably), round the location with nets and then stock it with Fresh Snails. Feed the snails with vegetables like spinach and others.

You will be surprised to see your snails grows and multiply in no time.
This business can be started on a low scale with as low as 10k depending on your location.

READ FULL DETAILS ON SNAILS FARMING HERE

  1. SELLING OF LIVESTOCK FEEDS: livestock feeds are the foods used to feed livestock/reared animals.

This requires you to buy those feeds in large quantity from the producers and then resell them in small quantities to the end users.

This business can be started with as low as 20k depending on the type of feeds and location.

  1. CAKE BAKING/CATERING SERVICE: If you are talented in baking and cooking, then this is exceptionally meant for you.

You can offer to bake birthday, marriage and other cakes for friends and families at a token and if you’re well known and your work is considered to be satisfactory, then you’ll start blooming.

With as low as 50k, you can start this business.

  1. EATERY/ RESTAURANT: This is similar to the above. But this requires you to have a physical presence either by renting a shop or creating eatery joints. You’ll be patronized if your foods are considered delicious.

This can be started with as low as 20k depending on your location.

  1. BUYING AND RESELLING OF FOODSTUFFS: This is yet another highly profitable business in Nigeria that majority of peoples are not harnessing.

Ad we all know everything has it own seasons. Foods are usually cheaper during the season and then skyrocketed after the season passed away.

So the ideology here is to buy and stock those foodstuffs during there Respective season and then resell them when the season passed away and the price skyrocketed.

The amount to start this business solely depends on your affordable strength and location.

  1. SELLING OF FAIRLY USED PRODUCTS/MATERIALS:
    This involves the buying of products/materials and then resell them to the needy. This products can be phones, Laptop and other electronics.
    Great care needs to be taking while venturing in this type of business to avoid landing in police trouble. Always request for receipts before buying a products to ensure it is not a stolen one.

The Amount to start this type of business also depends on your ability and location.

  1. SELLING OF CHILDREN WEARS:
    This is also a highly lucrative Business one can start with a low capital. With 50k and above, this business can be started.
  2. SETTING UP A MINI CAFÉ:
    This is also one the lucrative business in Nigeria that many ignored. It is highly profitable business in Nigeria that can be started with as low as 50k.

This business requires you to have a laptop/smartphone with an internet connection. You may/may not necessarily needs a shop at start.
The ideology is that, you should buy a printer and then invites your fellow students or friends do their photocopying, scanning, and printing works while you also charge them.
You can as well do their Registrations with your laptop/Smartphone and then print out all the necessary slips with your printer.

With a minimum of 20k, you get an all in one printing, copying and Scanning machine.

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