There are so many incredible business opportunities to try. Of course, success in business always comes from laser focus. There are most profitable business ideas in Nigeria with low capital

If you can’t get new business ideas by looking at the present market, look to the future instead.

Want an unlimited supply of profitable business ideas?

Or even just one good business idea?

I will highlight some most profitable business in Nigeria with low capital so you can start immediately.

1 Ice block Production and Sale

When you talk about small business ideas in Nigeria, ice block production comes to mind. Nigeria is located within the tropical climate region with an abundance of sunlight and heat.
Unfortunately, the electricity supply is very poor, making it difficult for homes to maintain adequate stock of cold water in their refrigerators. This is what makes ice block production a money-spinning business in Nigeria.

People require ice blocks to keep their water and drink cold. Your market includes households around your neighbourhood, retail shops, restaurants and bars that need to keep their drinks ice-cold at all times.

The good thing about this business is that you can kick off with the little you have. You need a deep freezer as well as a medium-sized generator and you’re all set.

As you make money, you can scale up by acquiring an ice block making machine. So, looking for a small business to do? It could be this.

2 Mini Importation
The internet has redefined trade and commerce. Many people have struck gold by importing items online through eCommerce sites like Alibaba, Aliexpress DHgate, global sources, etc. With about N50,000 or even less, you’re open for business.

Identify people’s demands. Search all the eCommerce websites, get a procurement agent to purchase these items. The agent will then send them to you to sell and make your cash.

Even with the falling value of the Naira, people who are engaged in this business still smile to the bank. Items you can import and many varied and may include: mobile phone accessories, cosmetics, fashion items, etc.

This post is a very helpful resource on all you need to know about mini importation.

3 Palm Oil Business
Palm oil is a very profitable agricultural venture in Nigeria today, there is really high level of possibility that palm oil is present in almost all the houses in Nigeria.

Good money can be made from this business. The amazing thing I like about palm oil business is that you don’ t have to do any hard labor. You can just hire people to do the difficult part of the work for you, while you keep the rest if the profit.

You might be wondering, how can I make money from this business? Here is how you can!

Find out palm oil prices in different states and cities, and sell to a city that has the highest price. Also you can keep it so that when the price goes up you can simply sell.

4 Fast Food Business
The importance of food can never be overemphasized. You can use your cooking skills to make good money. All you need is a little stand, cooking materials, and foodstuffs.

You can start by finding a very strategic location and start making foods like spaghetti and turkey. You could also go ahead to specialize in making and delivering food to parties and events.

We recommend use your social media to promote your business, put pictures of your food, and explain clearly what you do to reach a wider audience.

[b]READ MORE: https://smartbusinessinfohub.com/top-10-profitable-business-ideas-in-nigeria/

good evening

Get the best business idea.

Check my signature

Palm oil is a very profitable agricultural venture in Nigeria today, there is really high level of possibility that palm oil is present in almost all the houses in Nigeria.

The internet has redefined trade and commerce. Many people have struck gold by importing items online through eCommerce sites like Alibaba, Aliexpress DHgate, global sources, etc. With about N50,000 or even less, you’re open for business.

Start a business today