Business ideas
Each idea shows what it takes to start, what it can earn and how soon your money comes back.
10 ideas
- Agriculture
Broiler poultry farm (500 birds per batch)
Raise and sell broilers to homes, eateries, hotels and festive-season buyers
- Money to start
- ₦2.5m – ₦4.5m
- Profit a month (estimate)
- ₦200k – ₦550k
Money back in6–12 monthsProductFull plan ₦15,000 - Food and drinks
Small chops and party catering
Make and deliver small chops trays for birthdays, office events and owambe parties
- Money to start
- ₦300k – ₦750k
- Profit a month (estimate)
- ₦120k – ₦400k
Money back in2–5 monthsServiceFull plan ₦7,500 - Digital and online
Social media management for small businesses
Run Instagram, TikTok and WhatsApp pages for shops, salons and eateries for a monthly fee
- Money to start
- ₦150k – ₦450k
- Profit a month (estimate)
- ₦100k – ₦450k
Money back in1–4 monthsSkillFull plan ₦5,000 - Retail and trading
Laundry and dry-cleaning shop
Wash, iron and dry-clean clothes for workers, students and families, with pick-up
- Money to start
- ₦4m – ₦9m
- Profit a month (estimate)
- ₦250k – ₦800k
Money back in10–24 monthsServiceFull plan ₦15,000 - Agriculture
Catfish farming in tarpaulin ponds
Grow catfish in tarpaulin ponds and sell to fish sellers, smokers and restaurants
- Money to start
- ₦1.8m – ₦3.5m
- Profit a month (estimate)
- ₦150k – ₦350k
Money back in6–12 monthsProductFull plan ₦10,000 - Fashion and clothing
Ready-to-wear clothing brand with local tailors
Design ready-to-wear clothes, have local tailors produce them, and sell online
- Money to start
- ₦1.5m – ₦4m
- Profit a month (estimate)
- ₦150k – ₦600k
Money back in6–15 monthsProductFull plan ₦15,000 - Logistics and transport
Dispatch rider delivery service (2–3 bikes)
Deliver parcels for online sellers, restaurants and pharmacies within your city
- Money to start
- ₦4m – ₦7m
- Profit a month (estimate)
- ₦250k – ₦800k
Money back in8–18 monthsServiceFull plan ₦15,000 - Education and training
Exam-prep tutoring centre (WAEC and JAMB)
Prepare secondary school students for WAEC, NECO and JAMB in small classes
- Money to start
- ₦200k – ₦480k
- Profit a month (estimate)
- ₦150k – ₦500k
Money back in2–4 monthsServiceFull plan ₦7,500 - Real estate and property
Short-let apartment business
Lease and furnish apartments, then rent them nightly to travellers and visitors
- Money to start
- ₦12m – ₦30m
- Profit a month (estimate)
- ₦500k – ₦1.8m
Money back in14–30 monthsServiceFull plan ₦30,000 - Unexplored niches
Solar, inverter and battery maintenance service
Service, repair and upgrade home and shop solar and inverter systems on a maintenance plan
- Money to start
- ₦1.5m – ₦4m
- Profit a month (estimate)
- ₦250k – ₦800k
Money back in4–10 monthsSkillFull plan ₦15,000
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