If you’ve been running your business for a while, and have drawn up a conclusion that Nigeria is not a friendly place to run a business, then you’re not doing it right, or you probably have a business type that has no potential of earning as much you’re expecting.
There are tons of profitable businesses in Nigeria, and many people are already cashing in on them, raking in thousands of naira weekly. If you’re want to join the train, here are a few of the most profitable businesses in Nigeria, that can earn you N50000 – N100000 weekly.
Yes, you heard that right. Businesses are springing up daily looking for web developers that would help give them an online presence. Guess what, this doesn’t come cheap. Website designers/developers in Nigeria charge an average of N50,000 to design a website.
So, if they get at least N50,000 for a job, you should know they’ll be earning a lot at the end of the month. If you have this skill, then your business is set, and you really won’t be needing capital to begin, except you want to carry promotions to get words out about your service.
This is currently trending in Nigeria, as everyone is turning into a photographer. Photography has become highly profitable and a really attractive business, unlike in the past when photographers were not held in high-esteem and seen as low income earners.
All through the week, Mondays to Sundays, events happen all over the country. For photographers who have gone up the ladder – the like of TY Bello and Kelechi Amadi, they earn millions of Naira weekly from their businesses. For starters, they earn an average of N100,000 from just a single event.
If you have this skill, it’s time you get words out and ‘scream’ on social media that you offer photography service. Instagram also makes this easier – tell your clients to give you a mention each time they upload those pictures.
This is one of the best sellers. Just like photography, you can get clients every single day, and you would even need to employ more hands in no time. It’ll interest you to also know that event planners who are rookies in the business charge nothing less than N100,000 for a single event. Yes, really!
From weddings, to corporate events, the bridal showers and several others, the event planning industry in Nigeria is really wide. You can decide to choose a niche, or grab it all. It’s up to you. You can also expand your offering by providing vendor services you know your client would need – photography, ushering, catering, and others. This would further increase the fee you’re charging.
This is goes in line with event planning and photography because it falls under the event industry. This business has grown so much, and now we even have celebrity chefs. Interesting, right?
Tons of events happen weekly, and you really should not be missing out. If you have catering skills, it’s time to join the train of those raking in thousands on a weekly basis. Promote your service on social media, talk to people both online and offline, partner with event planners. If you’re good at what you so, you shouldn’t earn less than N50,000 from your first job.
Yes! What we mean here is what many know as ‘social media influencing’. Believe it or not, this is one of the most profitable businesses in Nigeria. Regular people have turned into celebrities just because they have a social media account. If you have a large following on social media, this business involves helping people to promote their businesses and events on your social media profile.
It doesn’t come cheap. For the big guys who have been in the business for years, and have become popular, they charge nothing less than N100,000 per promotion. Now, imagine promoting 5 businesses/events per day, you know how much it is. So, get on with it! Pull out that dusty social media profile of yours and begin to grow your following. With 10,000 followers, you can start approaching brands to get your business started., and earn yourself the must celebrated title – Social Media Influencer.
Which ones did we miss? Share with us in the comments!