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What Business Can One Start Up With N700,000 In Nigeria - Jobs/Vacancies (8) - Nairaland

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What Profitable Business Can Someone Start With 100k? / What Business Can I Start With 100k Very Urgent !!! / Which Business Can I Start With N20,000? (2) (3) (4)

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Re: What Business Can One Start Up With N700,000 In Nigeria by gr8child(m): 2:25pm On Jul 11, 2021
You can use it to ‘invest’ in £1,000 and watch it appreciate in value while Buhari continues to destroy the Nigerian economy.
Re: What Business Can One Start Up With N700,000 In Nigeria by Yeecar(m): 2:26pm On Jul 11, 2021
Paulson2020:
Good day buddies, please help a brother with an advice., What lucrative business can one start with 700,000k mid twenties and not yet married, was advised on opening a betting shop and how lucrative is the business currently pls help a brother... Any suggestions or ideas are highly welcome.. thanks.
Please check my signature.
Re: What Business Can One Start Up With N700,000 In Nigeria by Ghostmode2two(m): 2:26pm On Jul 11, 2021
Learn good business and invest before you think of lucrative business
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:26pm On Jul 11, 2021
Vireani79:
U can trade gold with it

No be only gold nah sapphire he go trade.
Re: What Business Can One Start Up With N700,000 In Nigeria by osazsky(m): 2:27pm On Jul 11, 2021
Small cooking gas vendor do this and thank me later..if u dont but a Camry in d 2nd year it means u are a reckless spender

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by alterego17: 2:28pm On Jul 11, 2021
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Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:28pm On Jul 11, 2021
OGWILLS123:


Real estate.

What ever business you want to do, make sure
It can generate passive with time.

With 700k you guys are offing me here.

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by Kelvin30286063(m): 2:28pm On Jul 11, 2021
Paulson2020:
Good day buddies, please help a brother with an advice., What lucrative business can one start with 700,000k mid twenties and not yet married, was advised on opening a betting shop and how lucrative is the business currently pls help a brother... Any suggestions or ideas are highly welcome.. thanks.
Don't open a betting shop. It's a trap. I'm talking from experience cuz I once had 3 betting shops. It's a fvcking trap!

2 Likes 2 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by NotBeenPaid: 2:29pm On Jul 11, 2021
thatsleepboy1:


Darkode


I'm going to look it up. Thanks for the feedback.

Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:30pm On Jul 11, 2021
OGWILLS123:


Am already in the street.
All I needed was to think smart.

YOU DON'T NEED MONEY TO MAKE MONEY !.
Though is not easy.


Big Cap
Re: What Business Can One Start Up With N700,000 In Nigeria by dhesmond(m): 2:31pm On Jul 11, 2021
Apply for your masters in turkey.... Jakpa. Thanks me later.

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by habayinc(m): 2:32pm On Jul 11, 2021
Minding your business
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:33pm On Jul 11, 2021
TemmyDayo50:
I'll still give you the same advise I gave this dude asking the biz he can run with 100k... For your info, both 100k and 700k is quite close to nothing here in this present Nigeria.. Hard Truth...

My simple advise... Purchase a genuine cheap land and be sure it's a genuine one....forget the land for a long time while working on other things that can give you money...

My advise though...


Where you want see 700k land kwanu. OP don't go and buy land that has ancient ancestry feud for your life sake.
Re: What Business Can One Start Up With N700,000 In Nigeria by Mrklemo(m): 2:35pm On Jul 11, 2021
Kinzo0917:
Buy keke and give to someone you 100% trust. You will be so happy �.daily balance is 2500 × 6 days a week which is 15k every week. In a month, u make 60k. I think that is a good biz


This is the real business. Brand new keke with registration cost about 900k, give it out on hire purchase @ 1.4m. This is obtainable in Akwa ibom state. The keke guy might choose to pay you 15k or 20k weekly till he pays the agreed money and take the keke.
May God bless us all and grant our heart desires. AMEN
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:35pm On Jul 11, 2021
barragan:
What happened to the business that gave you the 700k?

You no wether na dash or him pala am?

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:38pm On Jul 11, 2021
HEAVEN4444:
go and put that money in a bank. now go on youtube and learn coding. then find remote work. or you can just buy a motorcycle and do okada. or you can buy 3 motorcycles and give it to 3 guys to ride for you and they bring you 10,000 each everyday. thats 30,000 per day

10k each say nah mini plain them dey ride nah? If them dey bring 10k each every day how much would they be going home with for themselves.
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:39pm On Jul 11, 2021
Goldbw122:

Get a skill first you know business is about profit and lose mainly, so getting a skill will allow you to manipulate the market as you wish, like a fashion designer, engineer, plumber, mechanic and many other.

Una dey off me! Do you guys know how long. Like how many years it takes to learn how to repair anything!

3 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by Falconx47: 2:40pm On Jul 11, 2021
Paulson2020:
Good day buddies, please help a brother with an advice., What lucrative business can one start with 700,000k mid twenties and not yet married, was advised on opening a betting shop and how lucrative is the business currently pls help a brother... Any suggestions or ideas are highly welcome.. thanks.

It's good you're looking for a business to start by yourself, and not where to invest money, so good...that means you're on the right track. So first of all disregard any suggestions of investment or get rich quick percentages on this thread.

As for businesses you can start, you have to ask yourself what businesses you can run and what is needed in your locality? Not an easy task but that's the way to go, Mr A might suggest what works for him in Kano and you try to do same thing in Lagos and fail woefully. Furthermore, it might help people who have something to chip in if they know a bit of your background and where you live.

That being said, there are 3 things you can't go wrong with, agriculture, production and trade (depends on the product). Those are high level, but think around them, it's hard to pinpoint one thing to suggest to you straight up.
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:41pm On Jul 11, 2021
abimbola74:

Haba! 10k per day each on okada, Bros fear God nah. Well if you are so sure , I will give u put 3 okada in your care and we’ll share d profit 50:50 buh u will sign undertaking that if you don’t remit 15k to me each day, I will lock you up in d baracks and even forget you there.
Dey fear God nah

Iswear! I think say na only me notice say the guy yarn dust!

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by Onlykwaffy(m): 2:43pm On Jul 11, 2021
Nicoswit:

Good afternoon bro, please is foodstuffs like rice and beans also cheap in benue?

Yes
a 50KG of Stone free Parboiled Rice goes for 22500

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by Nednelz(m): 2:44pm On Jul 11, 2021
Anybody with 6digit offline machine in anambra?..chat me up on 09022504088
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:44pm On Jul 11, 2021
abimbola74:

I can help you raise d 400k to purchase the said gadget but if after 6months , we no c any of these things u mentioned for ur body , I go use Sango swear for u ni.
People with unrealistic ideas, only few people might be lucky with what you put up there , it’s not even certain they will employ him

cheesy cheesy you even dey lenient Sango fit forgive am. Omo you go sleep barrack till one grey hair pop out of your head. These guys be saying all these things as if it's so so feasible.

2 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by smeag0l(m): 2:45pm On Jul 11, 2021
The 6th poster on this thread already gave you the best advice. Don't invest in anything that'll make you earn profits in naira. Inflation and uncertainties in the business environment will erode your gains
Re: What Business Can One Start Up With N700,000 In Nigeria by TheFalcons: 2:46pm On Jul 11, 2021
HEAVEN4444:
lol. ok but there are stronger ones for 200k. but used.

I've been reading all the nonsense you wrote about the bike delivery business.

You advise the OP to buy ladies bike for delivery.

Is he not going to pay for bike papers? They cost between 35k - 50k each.

By the way, which local government will give issue you papers for those toy bikes.

The minimum engine capacity for dispatch business is 200cc. Those bikes are hardly 100cc. They'll pose a high risk of accident on 3rd mainland bridge.

Also, dispatch business is not a bed of roses. Your riders have to put up with a lot of traffic in the city... It seems you've not seen traffic wey tie wrapper. Okada self dey choke.

Agbero wahala nko? Don't be surprised when your bikers are settling Agbero Everytime they go to deliver on the mainland. Areas like Mushin and Oyingbo will be your worst nightmare. They'll waste your boys time and still collect money from them, no matter how complete their papers are.

Police self dey do their own on the island sometimes.

All your rantings show that you are not a business person at all. Anyone who completely takes advise on the internet must do so with a pinch of salt.

3 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by Lama70(m): 2:48pm On Jul 11, 2021
It depends on your location.
If you live in a new location or rural area I will advice that you to raise 50 Broiler birds birds for a start. Please don't start with D.O.C as you are still new. You can get something of 2 weeks and train to maturity.
It is a fascinating experience as you watch them grow before your very eyes. Very soon it will be Christmas and even the processing companies will be looking for birds to process.
Good luck.

2 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by frozen70(f): 2:49pm On Jul 11, 2021
seanwilliam:
Assuming you have skills like tailoring or barber , I for tell you to open shop for correct location and furnish it ..

But see ehn , the economy no Dey friendly with business these days .. so my brotherly advice to u is
Use like 600k to buy land in a developing area ( depending on the state you Dey ) then use 100k to hold body while u continue to Dey make research on business u have in mind or invest the money on the thing wey give you that 700k …

Buy land 600k build the house with the remaining 100k and die of hunger, abi ⁉️
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:49pm On Jul 11, 2021
kalu61:
How old are you?

10k per day per bike.

cheesy cheesy Everyone is just so shocked by this guy's statement.
Re: What Business Can One Start Up With N700,000 In Nigeria by Hassanmaye(m): 2:49pm On Jul 11, 2021
AAAntz:
pos


barbing saloon
Good
Re: What Business Can One Start Up With N700,000 In Nigeria by Kaiser20: 2:50pm On Jul 11, 2021
vickertony:
To be sincere, no business.
Nigeria business environment is not friendly undecided
Lazy man's attitude . Sidon day look.

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by Hassanmaye(m): 2:50pm On Jul 11, 2021
Vireani79:
U can trade gold with it
Another good one
Re: What Business Can One Start Up With N700,000 In Nigeria by Eastcoastboy(m): 2:52pm On Jul 11, 2021
RobbStark:



Get a place brother and start setting up the place for viewing of football matches.
With the new season starting in August, in 6months you won't believe the return on investment.


Thank me later

You get sense. But if he's not a popular person omoh! Oho oh! But this is a good plan but getting a place,buying Tv set, decoders, gen, fan and other neccesary might gulp the whole 700k or might not be enough I think so.

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by Hassanmaye(m): 2:52pm On Jul 11, 2021
OGWILLS123:


Are you dumb stupid or dump uh !.
Haha haha my stomach grin

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