20 businesses you can start in Nigeria with less than 100k this 2022

1. Phone Charging Business

2. Phone Accessories Business
Selling phone accessories like phone casings, earpieces, screen guards and other such phone accessories is certainly profitable since the market for phone accessories is always readily available.

3. Food Vendor Business
In most urban areas, workers, students, and residents have the need to have meals sold by others for several reasons ranging from the need to satisfy a craving for a particular meal to be too busy to prepare their own meals.

Hygiene and good culinary skills are also important requirements for this business.

4. Fruit Juice Production and Sales
30 Unique Offline Businesses to Start in Nigeria with N100, 000

The demand for a fruit juice that is organic is high, hence it is profitable with a low-capital input. The demand is even higher in urban areas where fresh fruits are not readily available.

5. Snail farming.

There are many tutorials readily available for soap production. The demand is high since hygienic activities such as washing would always take place. It is important to locate customers who would patronize you.

6. Food Stuff Retailing
You could start with a bag of rice, beans, and garri. Secure a store or stall and retail these foodstuffs in cups.  For example, a cup of rice is sold at 100 naira. There are about 250 cups in a 50 kg bag of rice. This would be at least 25,000 naira when fully sold in cups. Since a bag of rice costs about 16,500, the profit margin is 8,500 per bag.

7. Palm Oil Retailing
Since the price of palm oil fluctuates seasonally, one could buy when it is cheaper in gallons of 50 liters and retail in lower quantities.

8. Barbeque Business
The nightlife in some cities is very active and barbequed meat such as beef, chicken, goat meat, and pork on local grills are profitable.

9. Dog Breeding
Dogs are bred for meat, as pets, or for security in Nigeria. It is economical to start with 3 female puppies which cost about 20,000 naira to purchase. In less than a year, with proper feeding and care, they would be ready to mate.

10. Pig Farming
The demand for pork meat is high in Nigeria, especially in the southern part. The demand for protein food is also very high. A sow could lay as many as 8 piglets at a time and are very fertile. A young female piglet cost about 50,000 naira.

11. Goat Farming
Goats grow really fast and the demand for goat meat is high in Nigeria. It is profitable especially if you chose a species with good meat-producing qualities and quick maturity.

12. Rabbit Farming
Rabbits are livestock that breeds fast and in litters. The demand for rabbit meat is also high.

13. Computer Business Centre
You need a small generator. A used laptop and a printer/scanner.

14. Computer Accessories Retail

Computer accessories such as flash drives, memory cards, mice, USB cables are profitable and economical to start.

15. A good quality camera and a photo printer cost less than 100 thousand naira.

16. Laundry business. Especially when it is situated in urban areas, the laundry business is profitable and economical to set-up.

17. Mushroom farming

Most Nigerians attach this business to barbing salons.

18. Hairdressing and Hair Styling Business
You can purchase weaves and basic tools to get you started if you have the required skills.

19.Barbing salon.

20. Fashion accessories making and sales. Beads, earrings e.t.c

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