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20 Most Profitable Businesses Ideas In Nigeria 2019 With Small Capital



Profitable Businesses In Nigeria

Profitable Businesses In Nigeria 2019

Nigeria is so blessed with enough resources and a good population for the end products made from these resources. Meanwhile, any business established from these resources should be given a fair treatment. Are you thinking of Investing in Nigeria or any other country but don’t know where to start from or which business to invest your money into? Here, i have decided to list the comprehensive and the top 20 most lucrative businesses in Nigeria you can invest your money and be sure of making millions back in no time after investing.

NOTE: The start-up capital for these businesses varies in price as they are not the same and never takes the same mode of business operation.

List of Profitable Businesses In Nigeria 2019 Edition

  1. Professional Car Wash

start a profitable professional car wash business

This business is good if you can set it up in a strategic location in a place like Lagos, Abuja, Port Harcourt, Owerri, Enugu, etc where there is a good number of cars. A car is being washed at the price of 500-1500 depending. Let’s do the calculations

Assuming you are washing a car at the price of 500 Naira, And in a day you was 10 cars, that means you will be making 500X10=5000 Naira.

If you work all day except Sunday, in a month you will be making 5000X26=130,000. So you have

N5000 Daily earning and N130000 Monthly earning in a small scale range.

Is this bad for a car wash business? Oya!!! start something now and stop complaining you don’t have a Job.

  1. Poultry Farming as Profitable Businesses In Nigeria

money-making businesses

This business is making average Nigerians rich. It is so lucrative that even outsiders are coming in to invest in poultry farming the business in Nigeria. And why not, in a country of more than 150 million people, what would you expect? If you start with 1,000 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making up to N30 million annually.

Related: 6 Agro-based business ideas that are profitable

Gudtalent’s Advice About Investing Into Poultry.

Before you go investing into poultry business, Make sure you are prepared for it and do give your birds a pretty attention if you want to succeed. We have tried it and we know all the secrets and what it means to keep a poultry farm.

  1. Import Used Cloth as Profitable Businesses Idea In Nigeria

how much is a bale of used clothes in nigeria

Honestly, a very good percentage of Nigerians prefer Those used clothes, shoes and other wears as they are cheaper and even better than the so-called new products. This is just to tell you that Tokumbo market in Nigeria is very big. The cost of buying and importing used clothes is low compared to the prices in the market here in Nigeria, guarantying good turn over on investment. Click on the highlighted 3rd Point above to read the complete guide about how to do this.

Gudtalent’s Advice About Investing Into used clothes.

This business is against Nigerian law but it still works fine, so be guided properly.

Secondly, Do not buy the bad material, Get good ones and good amount of buyers will keep coming to you.

ALSO READ: How to Raise Capital For Your Start-Ups

  1. Sale of Furniture as Profitable Businesses In Nigeria

furniture business

Buying and selling of locally made furniture is a goldmine. You don’t need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sale in your showroom. It is a very big business in Nigeria as only a few can afford the imported designers. I guess a set of Furniture sales at the average price of 100,000 Naira.

  1. Snail Rearing as Profitable Businesses In Nigeria

snail business


Snail is really good and many health professional recommend it for Adults. Snail farming is one of the choices Animal farming for many reasons. It is a low capital investment with high yield and the market is big. There are few people currently doing this – and most of them are doing it in a very low scale. If someone invests heavily in Snail farming, he is sure to make good money in Millions within a year. You can Learn how to start Snail Business Here

  1. Rice Farming as a Profitable Businesses In Nigeria

rice farming business plan sample

Rice remains the most consumed food staple in Nigeria and Billions of dollars goes into the importation of this product yearly from China and Thailand because the local farmers are unable to meet up the demand due to poor funding and limited knowledge. If you are interested and wants to start rice importation, you can contact me for a well-researched rice farming Business Plan sample and I will be revealing the million dollar secret in this business. I already have a good production and well researched and written business plan about this. Don’t miss to take advantage of this great opportunity. Call +2347037281050 now for immediate assistance.

Related: Business ideas for stay at home moms

  1. Making of Fruit Juice as Profitable Businesses In Nigeria

Making of Fruit Juice

I would love to ask you “How many soft drinks and fruit juice have you taken this month”? Check it and multiply the number of other Nigerians who do the same as you do in a month. Nigerians drink fruit juice more than any other people. That’s why companies like Hollandia, La Carcella and Chivita who came into the country as nobody are today making billions of Naira annually. This business is capital intensive but if you can afford it, it’s well worth it.

  1. Pure Water Production as Profitable Businesses In Nigeria

Pure Water Production 

An average person takes about 2-4 sachets of water daily in Nigeria. You know how popular this is in Nigeria and how many that is dispensed daily. Though this business is capital intensive but well worth investing into.

  1. Oil and Gas Business as Profitable Businesses In Nigeria

Crude Oil Business

This is a self-explanatory business that is worth doing in Nigeria. We are blessed and cursed with huge deposit of oil in our land which presents some of the finest business opportunity for Nigerians and Foreigners over the years. Owning a Petrol Filling Station, Supplying of Diesel, and Distribution of Kerosene are some the areas you can invest easily and make good money for yourself. I think in a list of 100 Oil and gas business dealer, only 1% is broke. So if you have been thinking about this business, why not give it a shot.

  1. Haulage Services as Profitable Businesses In Nigeria

granite hauling business

The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip depending on the distance. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one. Getting a direct Totumbo Mark Trailer is within 4,000000-10,000000 depending on the grade.

  1. Hotel Business as Profitable Businesses In Nigeria

how to start Hotel Business

Hostel business has a high demand as civilization is rapidly taken over the new Nigerian Generation. This is probably the coolest money-making opportunity in Nigeria. Invest in a small-scale hotel of just 10 suites and watch as the money flows in. This has nothing to do with the tourism boom of any kind; there is just something in Nigerians system that makes this business very lucrative – Nigerians are jolly-jolly people!

  1. Fast Food Eatery as Profitable Businesses In Nigeria

Fast Food Eatery 

When I talk eatery business, am not talking about MAMA PUT business. Eatery business is another goldmine though poor management can kill it! If you wish to go into this business, be sure to get everything right and don’t forget it’s a bit capital intensive and requires good management skills. But if you get everything right, free money is yours.

Gudtalent’s Advice About Investing Into Fast Food Eatery Business

Be very good with your packing and location, Treat your customers well and don’t miss manage your business.

  1. Importation of Tokumbo Spare Parts as Profitable Businesses In Nigeria

Importation of Tokumbo Spare Parts business

If you are in USA, this business is good for you. Don’t just keep importing exotic cars, gather tokumbo spare parts in containers and ship down here. There is a huge market for it in Nigeria, our roads are bad and our cars here suffering and needs replacing some parts. While importing those exotic cars, you should at the same time know that these cars can develop fault in some part and may need to be replaced, so please do consider importing the spare part of those cars while importing the cars. It very important to Nigerians.

  1. Investing in Real Estate or Property as Profitable Businesses In Nigeria

money-making businesses

Land, Houses and other Property appreciates every day in Nigeria. Right now, Nigeria is one of the countries in the world where landed property is most expensive. If you buy land now anywhere in Lagos, you are sure to make 100% profit within two years. You can buy and quickly resell and make profit. Or you buy to keep and sell later is you want to spill over 150% percent profit.

  1. Dry Cleaning as a Profitable Businesses In Nigeria

Laundry Business Nigeria

Anyone can do this, Both students and graduate and make cool cash. The world is gradually turning in a lazy generation and people no longer like doing their home chores as well as their laundry work again, so they simply push it to the dry cleaners. Professional dry cleaners at affordable prices are scarce in Nigeria. What we have are professional Dry Cleaners whose service fees are extremely high or mediocre dry cleaners who can never keep with time. Give them clothes today and meet it unwashed after one week. This business is a money maker if you balance it up.

  1. Cassava Production as a Profitable Businesses In Nigeria


People are beginning to turn their attention to this aspect of farming in Nigeria that has been neglected for years. Cassava derived foods are some of the most consumed in Nigeria. If you can invest in cultivating 50 – 100 Acre in a fertile area like;

  • Ondo State for those in western Nigeria
  • Imo and Enugu for those in the Easter Nigeria
  • Benue, Kogi, and Nasarawa for those in the middle belt Nigeria
  • Gombe, Plateau, etc for those in the North,

your harvest will be great at the end of a minimum average of 6-9 months.

  1. Sales of Building Materials as a Profitable Businesses In Nigeria

how to start building material business

Because real estate business in Nigeria is becoming more lucrative, House structure are now being built within months and to tell you, The rate at which new houses are springing up in Nigeria, you get to wonder why many people still complain of the housing problem. Investing in building material is a good business and I can count some guys who are making millions almost daily in this business.

Gudtalent’s Advice About Investing Into Building Materials.

If you want to go into this business, I strongly suggest you get/buy your iron rod from DNO NIGERIA LIMITED. It currently the best and one of the most trusted wholesaler of Iron rod across Nigeria now. Here is their direct company phone contact. +2348033208363

  1. Transport Business as a Profitable Businesses In Nigeria

how to start transport business

Investing in Transport business is still one of the Profitable Businesses in Nigeria one can invest in and make millions of naira on monthly basis. What we have in this sector are transport companies that are badly managed by local chiefs and touts. Invest in this business with good management and you will be wondering what hits you with bags of money.

Gudtalent’s Advice About Investing Into Transport Business

Before you go investing your money in this business, Please visit Benin City and take a very good not of how their motor parks are built, change the plan and come back later to thank me for sitting down to write this free report for you.

  1. Nursery and Primary School as a Profitable Businesses In Nigeria

Nursery and Primary School as a Profitable Businesses

School business has no rival among its mate. Little kids school fees take away close to a million naira per term just to learn ABC! All you need to do is have a very good looking school with well-trained teachers. The location should be within a town. If you are planning to start this business, I advise you travel down to Ebonyi state and take a good look at Blessed Martins International School (BMIS) located at Democracy estate, Presco, Abakaliki.

  1. Investing in Internet Companies as a Profitable Businesses In Nigeria

Internet-based business are currently the highest paying jobs. Most of the world first 20 richest are internet and software-based Billionaires. This is a new crop of powerful investment opportunity that is creating Billionaires around the world including Nigeria. It’s simple! You don’t have to be a Tech person, all you need is to look for creative online start-ups with good ideas and invest in. Within 1 to 2 years you will be counting your profits in dollars.

Liked the list about the Profitable Businesses in Nigeria you can invest in today? Need a business plan or have any other question and need us to help you with a business plan or help improve your business and it’s growth? Kindly use the contact form page we will get back to you in a shortly. You can call +2347037281050 for immediate assistance.

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Basic Steps And Requirements For Starting A Dredging Business In Nigeria



Dredging has to do with the mechanical excavation of sand, gravel, mud and other substances from the bottom of a water body such as a river, stream, creek, lagoon etc. to do that, you need a vessel known as a dredger.

The need for more buildings and other physical structures has made the market for dredging in Nigeria to become a much sought-after one. Of course, there will always be the need to build or construct. So, dredging never dies.

Aside from the construction of new buildings or roads, etc., dredging products such as sand, gravel, rocks, and pebbles are also used to reclaim swampy areas and for the production of construction materials.

Basic Steps And Requirements For Starting A Dredging Business In Nigeria

Basic Steps And Requirements For Starting A Dredging Business In Nigeria

How Does Dredging Work?

Some dredgers are water-powered, and these cuts and sucks up the dredged material, like sand, from the bottom of the waterway by a method which involves a stepping stool that is mounted on the cutter head passing the material via a suction pipe and this sucked via a suction pump via a drifting pipeline up to the shore. When it arrives on the shore, at the dump, is it moved using tipper to the sub-dump where it is piled up, ready for sale or use.

Opportunities Available in dredging commercial enterprise

There are plenty options in the dredging business. Let’s look at some of them below:

1) Dredging:

  1. Channelization of river
  2. Fabrication of dredger
  3. Managing the dredge team
  4. Reclamation and urban renewal
  5. Safety of a dredger
  6. Stockpiles and profits

2) Supply of sand to numerous locations

3) Sand search

4) Environmental impact assessment

5) Hydrographic survey

6) Leasing of dredging workplace tools such as:

  1. Dredger
  2. Excavator
  3. Low bed
  4. Payloader
  5. Swamp buggy

Basics Steps To Starting Dredging Business In Nigeria

Among the many uses of dredging, its use for the building of houses seems to be the most outstanding. Housing, of course, is one of the most basic needs of man. He can’t just do without it, just like food and clothing. Before the advent of the present technologies in building construction, man has always experimented with several materials to meet his housing needs. This ranges from mud, sand and rock, all in an effort to withstand the elements. With time, however, in a bid to get the much-needed solidness and strength for buildings, other materials have been introduced to building technology such as steel and glass.

Given the alarming shortage of residential and commercial buildings in the country, therefore, there has been much interest in the sand dredging industry in Nigeria, all in a bid to cater for the housing needs of Nigerians. Sand dredging is vital to keep the pace with building of homes and offices as well as industrial layouts in all over the country. Therefore, going into it is a great way to earn a decent income.

Kinds Of Dredgers To Buy

Two popular kinds of dredgers are available in the market. They include

  1. The discontinuous
  2. The persistent

The discontinuous dredger burrows and excavates the heap while the persistent dredger burrows consistently, raising and also transporting the dredged materials at the same time.

Types Of Dredgers To Go For

If you wish to buy dredger in Nigeria, go for the types manufactured by IHC as well as ELLICOT. There are more solid, sturdy and durable, although a bit expensive. China-made dredgers are not very strong, although less expensive.

Types Of Dredging Businesses To Do

There is hardly a part of Nigeria where dredging business does not thrive. However, the riverine areas have more market for the business. however, dredging business in Nigeria may be dissected into the following parts or classification systems:

  1. Class A —Dredging Firms only
  2. Class B — for Only Dredging and sand dealer as well as;
  3. Class C – Manual dredgers as alone

Class A – Dredging Firms Only

  1. Application for dredging routed to the Honorable Commissioner Ministry of Waterfront Infrastructure Development.
  2. Installment of the use charge of N50,000 [fifty thousand Naira only] Provides point by point depiction of proposed dredging area.
  3. Provision of the Environmental Impact Analysis Report.
  4. Provide Hydrographic review.
  5. Bathymetric review of the proposed area.
  6. Duplicates of current duty freedom authentication.
  7. An endorsement will be liable to the installment of the accompanying charges:

(an) (i) Payment of the total of N1,000,000.00 (One million Naira) per annum.

(ii) Proof of Ownership or Access to Portable Barges

(b) (i) Payment of the total of N750,000.00 (Seven Hundred and fifty thousand Naira) per annum

(c) (i) Payment of the entirety of N500,000.00 (Five Hundred Thousand Naira) per annum.

Classification B – Dredging/Sand Sellers Only

  1. Application for dredging routed to the Honorable Commissioner, Ministry of Waterfront Infrastructure Development.
  2. Installment of utilization expense of N50,000.00 [Bank Draft] Provide point by point portrayal of proposed dredging area.
  3. Provide the Environmental Impact Analysis report.
  4. Provide hydrographic study.
  5. Bathymetric study of the proposed area.
  6. Duplicates of current expense leeway authentication.
  7. An endorsement will be liable to the installment of the aggregate of the accompanying expenses.

(i) installment of the entirety of N1, 000,000.00[One million Naira].

(ii) Proof of possession or access to convenient freight boats

(b) Payment of the entirety of N750,000:00 (Seven Hundred and fifty thousand Naira) per annum.

(c) Payment of the entirety of N500,000:00 (Five Hundred Thousand Naira) per annum.

Classification C – Manual dredgers as it were

  1. Application for dredging routed to the Honorable Commissioner, Ministry of Waterfront Infrastructure Development.
  2. Installment of utilization expense of N50,000.00 [Bank Draft] Provide point by point portrayal of proposed dredging area.
  3. Verification of responsibility for Edge review and Ecological Impact Analysis (EIA).
  4. Provide an account of dredging procedure to be embraced.

The endorsement will be subjected to the installment of the accompanying expenses:

(i) Payment of the total of N200, 000:00 (Two Hundred Thousand Naira) per annum.

(ii) Proof of access to Portable Barges.

(iii) Payment of the total of N100, 000:00 [One Hundred Thousand Naira) per annum.

(c) Payment of the total of N50, 000:00 (Fifty Thousand Naira) per annum.




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20 Lucrative Small Businesses In Nigeria You Can Start Now



Small businesses have always existed in Nigeria and are commonly operated in the streets. These businesses have catered to the immediate needs of many as they are easily accessible, hence the increase in the number of small business owners in the country. For many who are having a hard time deciding which to invest in, the list below will be of great help.

20 Lucrative Small Businesses In Nigeria You Can Start Now

20 Lucrative Small Businesses In Nigeria You Can Start Now


In Nigeria today, the amount of protein consumed daily is unimaginable, this makes poultry farming a very profitable business to invest in.  Poultry products like eggs, birds are consumed on a daily basis in homes, restaurant businesses etc. Therefore, investing in this business has a good margin for profitability and the best part is that you can start small.


For fish farming, you will need to equip yourself with the right information on how to properly build a fish farm so as to avoid losses. Types of equipment needed are fish ponds, a good supply of water and good drainage system before you proceed to get your fingerlings which will be nursed into the mature fish.


Snail rearing is another business you can venture into. It requires less capital and snails reproduce at a fast rate. Snails can be reared in homes as they do not smell and are also in high demand in Nigeria.


There are many things that can be done with an unused land and one of them is crop farming. This can be done either on a small scale or on a commercial scale. The population in Nigeria makes farming a profitable investment. Rice, Cassava, yams, maize and vegetables are examples of crops that can be planted because they are in constant demand.


Restaurants will continue to exist since not everyone can afford to patronize fast foods. As food is an essential for everyone, this business has a tendency to thrive. Bearing in mind that it is accompanied by its own unique stress but with good hands, this can be managed.

6.      CATERING:

Catering is also centered on food. Caterers exist because not everyone has the time to prepare meals for their events. This business is usually done on a contract basis and when handled with professionalism promises lifetime customers irrespective of how much you charge.

7.      CAR WASH:

The basic needs of this business are a very accessible location, a good supply of water, car washing equipment and a good support team.


To run my service, you will need a reliable source of electricity supply and other equipment like a washing machine, dryer and pressing irons.

The ability to satisfy your clients will determine how much profits you can turn in.

9.      SOAP MAKING:

Just like food, soap is also in high demand in homes, offices, etc. Get the right knowledge, equipment, excellent packaging and strategic marketing, and you are all set.


As long as there are people, there will be salons. Everyone desires to look good and this boost the hair and beauty business. Acquire the skill, set up your shop and let people know about your business.


Fashion design requires skill and creativity. You can start small and build your brand with time. Build good relationships with your clients, offer quality service and this can earn you referrals as well as return customers.


Majority of the population in Nigeria buy second-hand clothes, shoes, curtains,  bed sheets etc. which makes this business a very profitable one. You can start with a bale and expand with time.


Every event requires a planner either professionally or not. Event planners help ease the stress on the client by coordinating events from start to finish. With the right information, software and expertise you can build a good reputation as an event planner.


For areas where the power supply is low, ice block business is a good source of income. Ice blocks are needed on a daily basis by sellers of drinks.


With the current emphasis on vocational training, Parents are in need of tutors to coach their children in subjects and arts like acting, dancing, singing and creative writing. This is an opportunity for everyone with these skills to earn money while instilling knowledge.


This business is capital intensive as you will need to acquire the materials like canopies, chairs, drums etc. This business can be run from the comfort of your home.


On a daily basis, firewood is used in Nigeria, either by caterers, restaurant business owners etc. Starting a firewood supply business can yield you good profits.


Little drops they say makes a mighty ocean, you can make snacks like puff-puff, bread, cake, meat pie etc. with drinks like zobo and pineapple drink for sale in areas like schools, offices etc. and earn some money daily.


For workers who are unable to shop for their office needs, you can be the middleman bringing their needs to their doorstep at fair prices.


Many businesses are moving with the tide and going digital which has led to a demand for web designers. You can acquire the skill and source for clients in need of this service. The internet is a good place to start.

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20 Hot Tips to Get More Customers To Patronize Your Business



If truly you need more client or customers then se this article to get our 20 Hot Tips to Get More Customers To Patronize Your Business. Just as it applies in the normal human scenario and in natural settings in general, it is only realistic for business to experience significant growth over a given period of time. Any business that does not grow is stagnant and in no distant date nor time, will see the exit door. Growth is essential for every business enterprise to thrive. There are variety of ways to achieve growth in a business and these are outlined below

Getting more customers to patronize your business has never been an easy task. But with the right tools, procedures and tips, you can achieve this in a very easy way. Of course, patronage is the life wire of any business, and in order to make any significant profit or remain in the business, the need for more patronage from a large pool of customers cannot be overemphasized.

For any business to remain significant and pull-in the much-needed revenue, it is necessary to get more people, especially new clients to patronize the business. To achieve this, therefore, it is necessary to know the cardinal steps to take in realizing continuous patronage.

In this discussion, therefore, I will be looking at about 20 hot tips which you can deploy to help you get more clients/customers to patronize your business and grow it within a very short time.

20 Hot Tips to Get More Customers To Patronize Your Business

20 Hot Tips to Get More Customers To Patronize Your Business

1.      Hire the Best Staff for Your Business

To grow your business you need the right team with good workable ideas on how to help grow your business. You should hire capable hands who can manage your resources effectively to get customers.

2.      Treat Your Staff Well

It is not enough to hire good staff, always seek out ways to reward, inspire and encourage them with incentives like cash, holidays, promotion, job enlargement, transfer to other departments, training, International travel, etc. This way you are certain that they will render good service to your customers.

3.      Chose a Good Business Location

A good business location guarantees easy access to customers. The location will either give your customers a positive or negative experience. Also, take note of the facilities available for your customers’ convenience.

4.      Close Substitutes for Products or Services

As much as possible try to have everything your customers need in your business, customers love the idea of a one-stop business where they can get the options for things they want.

5.      Quality Products and Discounts

Customers want good value for their money. Give customers excellent products at good prices and discounts and they will revisit your business daily.

6.      Identify Your Customers

All businesses have a specific niche they target. They do not serve everybody, you can grow your customer base by reaching out to your target audience, identify their needs and develop ways to better serve them.

7.      Good Management

A good management team helps to develop innovative ways to attract new customers while keeping old customers satisfied.

8.      Capitalize On Your Strength

Every business has a unique selling point, determine yours and capitalize on it. Market your strengths.

9.      Exceptional Customer Service

Good customer service is needed for any business to grow. Even if your products are top quality, with bad customer service you can perform below-expected results. Get feedback from customers and develop ways to serve them better.

10. Do After Sales Enquiry

Develop a strategy to get feedback from your customers to know or rate their satisfaction level of your product or service. You can contact customers personally to show how much you care.

11. Reward

Customers like to feel appreciated for their loyalty to your brand. You can organize a get-together, an award ceremony or an end of year party to show appreciation to these customers. Ensure you praise them and ask for referrals.


Marketing Campaign

Networking with Industry Influencers

Networking is also a necessity to grow your business, connect with big game players in the industry. That way you can build relationships with them which will foster recommendations for your business.

13. Diversify

The variety they say is the spice of life. Diversity gives your customers the impression that they have choices to choose from when they patronize you.

14. Ask Customers to refer Clients to You.

Referrals are necessary for a startup to grow. Therefore, you can ask satisfied customers to refer clients to you.

15. Marketing Campaign

Marketing Campaigns can be used to create awareness if your brand in the minds of customers. You can do this on your business website using digital marketing strategies.

16. Social Media

Take advantage of social media to advertise your business, use bulk SMS, YouTube videos, Podcasts, Google AdWords, etc to connect with customers. You can also launch a marketing campaign using digital media.

17. Buy Smaller Companies

As your business grows and becomes more profitable, you can seize opportunities to acquire smaller companies in the same sectors as you. That way you can expand your customer base.

18. Technology

In Nigeria, technology has become an essential part of every business. Technology can be used to effectively produce and manage large orders for your products or services.

19. Use Freebies and Incentives:

Freebies have always worked as a powerful marketing tool to attract customers to your business.

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