20 Small Business Ideas in Nigeria – If you are ready to start a business in Nigeria, what you need is a good business idea. There are lots of money-making business ideas in Nigeria that will guarantee a substantial profit. Most of these business ideas require little capital to start, and they are quite lucrative.
There are several ways to start a business in Nigeria that allow you to focus on the cost, and they require little capital to start. These business ideas are great for beginners, and you will be able to make a steady income from them.
If you don’t have any idea of what small business to start, you can spare a few minutes and read through this blog post.
Top 20 Small Business Ideas in Nigeria
Here are the top 20 small business ideas that you can start in Nigeria:
With just your WhatsApp, you can earn thousands of naira by selling items. WhatsApp is one of the most popular social networks that many Nigerians use and only a few people know how to make money through it.
To earn on WhatsApp, you can get and market your products. All you just need is to have the product and service that you want to sell and then post them on your WhatsApp status. Then your viewers can slide into your dm if they like something and would like to buy.
Personal shoppers help their clients find the right jewelry, clothes, or even furniture. If you have a good eye for interior design or fashion, then you can work as a personal shopper to make money.
You can start by choosing the kind of personal shopper that you would like to be, and then promote your service through Facebook.
Many people own mobile phones, and there is a large market for phone accessories. There are several ways you can sell these phone accessories. You can either sell a handmade phone accessory or print-on-demand.
Make sure that your phone accessory is eye-catching and in style.
Sell Your Photography
If you have a passion for taking pictures, you can turn your passion into a money-making business.
You don’t have to sell your service for corporate ad campaigns and weddings; you can easily set up an online store and then sell posters, prints, NFTs, and many more. There are even websites you can check to sell your photography.
Small Business Ideas in Nigeria – Create an Online Fashion Boutique
If you like fashion and want to share your style, you can consider starting your own online fashion boutique. You don’t need to become a fashion designer before you can start opening a fashion boutique.
You can easily curate items from several vendors into your own online store and start selling them. From shoes and swimwear to shoes and accessories, you can easily create your own fashion brand by using one of the different product sourcing apps, modeling them with your own product photos, and then posting them on social media.
You can easily become a trendsetter and build your online following.
You can easily turn one of your traits into a money-making business. If you are easily known as the organizer among your group of friends, you can start working as a professional organizer who helps people remove and restore order in their homes.
It can be a little hard for people to juggle their jobs and organize their homes. This is why your job as a personal organizer is needed. This job is focused on a local client base, and this Facebook group will be the ideal place to find these jobs.
Drop shipping is now popular as a profitable business model, and you can start with a small amount. There is no need for any inventory, and you can make a lot from this business.
All that is required to start drop-shipping is a drop-shipping app, a website, and products to sell in your store. Several drop-shippers find their products on AliExpress. You can also sell a wide array of items as a drop-shipper.
Small Business Ideas in Nigeria – Light Export
If you have friends or relatives living abroad, then you should always build a business partnership with them. You can start supplying African food products.
Ask for their help to identify African shops and restaurants in their locations that are in need of some food items that you can deliver to them. You can send these products via air.
Africans living abroad are always craving the home food that they miss. You can export vegetables, chili peppers, fish, and others. This is one way to earn money and make a steady income for yourself.
Retail Sale of Perfume Oil
Everyone likes to smell and look nice, and this is why perfume oils are in demand. They are essential oils that are blended with undiluted fragrance and propylene glycol.
These perfume oils smell much better than regular-brand perfume. The smell is very strong, and they can last for hours. You can start selling your own perfume oil and make sure that you don’t remix it so that it doesn’t lose its fragrance.
Affiliate marketing is a very lucrative business that anyone can start with no investment. Affiliates help companies promote their goods and services through their unique affiliate links, and they earn commissions.
You can sell physical or digital products online. There are also tons of affiliate programs that you can join to help you handle and make use of your unique affiliate link to boost the products via their website or social media page.
Mobile Phone Repairs
A phone repair business will earn you a steady income if you have the skills. You can learn how to repair phones and start making money. With as little as N50,000, you can start your own phone repair business.
You will need tools such as software tools, a laptop, a little training, and some tools such as a brush, a screwdriver, a battery tester, and others.
Also, you need to tell people that you are fixing phones and let them patronize you. With as little as N5,000, you can get a repair kit from a famous e-commerce store.
Small Business Ideas in Nigeria – Social Media Marketing
Social media is an important tool that you can use to create visibility for brands. This is the first tool that many companies use to persuade, inform, educate, and boost their products and services.
Some companies are searching for social media marketers to put their brands in the spotlight and create more visibility for the brand. This has caused an increase in demand for social media marketers.
If you like cooking and you frequently host delicious dinners for your family and friends, then working as a personal chef might be the ideal business for you.
You can start by preparing small meals for your neighbor’s dinner parties, and then you can slowly expand to include downloadable menus and customized multicourse meal plans. This can help you focus on a specific style of cooking to develop your name.
Teach Classes Online
You can set up an online class and teach students. You can either teach a group of students or one-to-one students. However, you need to know the skills that you will teach and then promote your services online through Facebook groups.
Also, you can teach subjects such as math, English, or even science. In addition, you can also teach workshops on certain topics, such as financial planning or resume writing.
If you are a fan of the gym and you are always working out, you can consider starting your own personal training business. You will need a qualification before you can start.
As soon as that is in place, you can develop a roster of clients who frequently come to work out. You can even provide customized workout plans and nutrition advice.
Also, you can promote your business in local Facebook groups, create a website to gain more customers, or create flyers that you can stick around.
Small Business Ideas in Nigeria – Data Entry
Businesses use data, which means that data entry clerks play a crucial role in gathering, storing, and managing large amounts of information.
If you also like spreadsheets or are experienced in setting up systems, then this business is just for you. You can start by reaching out to local businesses to provide your service and enhancing your business on social media to reach a larger audience.
If you are fluent in more than one language, then a translation job is ideal for you. This is a highly in-demand skill that is also lucrative. Translators do almost everything, from translating website copy to a different language to translating in-person conversations.
You can consider focusing on a particular form of translation. Furthermore, you can create your own website to promote your services.
Offer Child Care
If you love taking care of children, you can turn this hobby into a money-making business. There is also a demand for childcare services, and this is the ideal time to start this business and earn money. This is a very good business if you love taking care of children.
Car washing is also another business that you can start in Nigeria. This is also a lucrative business that requires little to start, and all you have to do is wash cars. You can find a spot to set up your car wash business and start making money.
To get started, you need the basic tools for washing, and you are set. You need to promote your business to also gain customers.
You can become a personal assistant, and this requires little to no experience. All you have to do is help the business owners take care of administrative tasks such as responding to emails, booking appointments, and taking notes during meetings. You can join LinkedIn to promote your services.
The above-mentioned are some of the businesses that you can start in Nigeria with little to no capital, and you will still be able to make a steady income from either of these businesses.