Nigeria is filled with opportunities, and every single day, young people are taking advantage of this, starting businesses in various niches and raking in millions of naira.
If you’re yet to join in, it’s never too late to join in the ride and enjoy thae array of investmment opportunities available. We’ve compiled the top investment opportunities in Nigeria that you can dive into.
The world is evolving, and Nigerians have fully embraced using the Internet to make their lives easier.
Online retailing has been successful in Nigeria, with the existence of a number of online stores, giving people the opportunity to shop from the comfort of their home. You can go into a fashion store, or focus on gadgets, and set up like similar shops such as , or you could set up a grocery store, which is still very new in Nigeria, and is being dominated by .
Millions of Nigerians face accommodation problems every single day, and seek different kinds of apartments just to get shelter. From students seeking just a room, to business owners seeking office space, and families seeking a duplex/5-bedroom apartment, there’s always someone in Nigeria waiting for the next vacant space.
This is one of the most lucrative investment opportunity in Nigeria. You can go the way of serving as an agent, helping people find homes, or if you have the money you can choose to invest in the development of hotels, school hostels for students, shopping malls, residential apartments, events and conference halls.
The labour market is becoming tougher and there are over five million unemployed youths in Nigeria. At the same time, companies recruit o a daily basis, and most of them use recruitment agencies, to avoid the stress of going through 100s of applicants.
This is a very lucrative market. So, the earlier you dive into it, the better. Set up a recruitment agency and connect jobseekers to their dream jobs. If it’s too much capital for you, then setup a resume writing service from home and begin to make your profits.
You probably just cover you nose and run past when you see trucks by the road collecting wastes. You probably have even cussed at the people in the trucks for polluting the entire air. But whatever your thoughts are about the business would not make it less profitable.
Every home always has a bin full of trash at the end of each week. So, calculate how much you’d make from collecting trash in just a single street. To do this, you can save to buy a truck, get a driver and your business is up and running.
People would also need food at any point in time, Whether they’re at work or on the road. So, the food service industry in Nigeria is enjoying serious boom. It’s now up to you to find creative ways to break in.
To do this, you can offer catering services for events. From weddings, to conferences, and birthday parties, a caterer is always the first point of call. You can also set up a restaurant in a busy area, where people passing by or out for lunch break can stop by. This can be further expanded with an online store, where you deliver lunch to offices, so they don’t have to step out. You don’t need cooking skills for this. Simply get the man power and you’re on your way to making your money.
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