Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,207,962 members, 8,000,934 topics. Date: Tuesday, 12 November 2024 at 06:18 PM

What Business Can I Do With N5m - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / What Business Can I Do With N5m (548 Views)

I Plan To Stop Working For Others In 5 Years Time. What Can I Start With N5m / What Business Can Yield 1million Naira Profit Every Month? / What Business Can I Start Up With 200k (2) (3) (4)

(1) (Reply) (Go Down)

What Business Can I Do With N5m by Vawulenceee: 1:58pm On Sep 19, 2023
I need a business idea I can do with N5m and see at least 50k from it daily?

I need genuine advise pls 🙏
Re: What Business Can I Do With N5m by garriAndsugar: 2:03pm On Sep 19, 2023
1.5million monthly? grin

1 Like

Re: What Business Can I Do With N5m by MatrixReloaded: 2:05pm On Sep 19, 2023
Vawulenceee:
I need a business idea I can do with N5m and see at least 50k from it daily?

I need genuine advise pls 🙏
Your return is quiet high..are you a gangster that want to deal in drugs? Even food business will give you 15-20k profit after sales. Well buying and selling might be the game plan but who will buy and who will sell to whom will use...
Re: What Business Can I Do With N5m by mariahAngel(f): 2:08pm On Sep 19, 2023
How did you get the N5m? Through inheritance or what?
How come you don't know what to do with it?
Re: What Business Can I Do With N5m by wittywriter: 2:09pm On Sep 19, 2023
mariahAngel:
How did you get the N5m? Through inheritance or what?
How come you don't know what to do with it?




Wittyness
Re: What Business Can I Do With N5m by Vawulenceee: 2:12pm On Sep 19, 2023
LOAN
mariahAngel:
How did you get the N5m? Through inheritance or what?
How come you don't know what to do with it?
Re: What Business Can I Do With N5m by MatrixReloaded: 2:12pm On Sep 19, 2023
mariahAngel:
How did you get the N5m? Through inheritance or what?
How come you don't know what to do with it?
SERIOUSLY...If assuming he got it through loan, he must have map out plan for the loan acquisition citing percentage ratio. Even its gift loan by a friend or family there must be a diagram illustrating the purpose, use and profit to obtain from the said loan.
Re: What Business Can I Do With N5m by mariahAngel(f): 2:17pm On Sep 19, 2023
Vawulenceee:
LOAN

Ah! 😲

How could you seek to get a loan of N5M, but you don't have plans of what to do with it?
Have you gotten the loan or you're yet to get it?
Re: What Business Can I Do With N5m by Vawulenceee: 2:25pm On Sep 19, 2023
mariahAngel:


Ah! 😲

How could you seek to get a loan of N5M, but you don't have plans of what to do with it?
Have you gotten the loan or you're yet to get it?
It's from an uncle based abroad. I told him I needed it for fish farming now I got it but considering what to use it for and could bring in daily income
Re: What Business Can I Do With N5m by Treasure17(m): 2:32pm On Sep 19, 2023
50k daily in this Tinubu regime? You playing grin
Re: What Business Can I Do With N5m by mariahAngel(f): 2:36pm On Sep 19, 2023
Vawulenceee:
It's from an uncle based abroad. I told him I needed it for fish farming now I got it but considering what to use it for and could bring in daily income

Okay.
Whatever you decide to invest the money in, first ensure you know about it. At least, the basics.
Don't invest in what you know nothing about.
Don't be in a haste, so that you don't lose it all.
Re: What Business Can I Do With N5m by Vawulenceee: 2:45pm On Sep 19, 2023
mariahAngel:


Okay.
Whatever you decide to invest the money in, first ensure you know about it. At least, the basics.
Don't invest in what you know nothing about.
Don't be in a haste, so that you don't lose it all.

Sure thanks
Re: What Business Can I Do With N5m by Robertgreene1(m): 3:32pm On Sep 19, 2023
Vawulenceee:
I need a business idea I can do with N5m and see at least 50k from it daily?

I need genuine advise pls 🙏
add me on 09029541178... let's talk bizneess
Re: What Business Can I Do With N5m by Airlord2030: 4:40pm On Sep 19, 2023
Vawulenceee:
I need a business idea I can do with N5m and see at least 50k from it daily?

I need genuine advise pls 🙏
resturant business
Re: What Business Can I Do With N5m by bassdow: 2:14am On Nov 09, 2023
Vawulenceee:
I need a business idea I can do with N5m and see at least 50k from it daily?

I need genuine advise pls 🙏

This is mostly and usually how people loose money
Re: What Business Can I Do With N5m by bassdow: 2:14am On Nov 09, 2023
Robertgreene1:
add me on 09029541178... let's talk bizneess
why not talk it here ?

Who knows who else might have much more than OP does
Re: What Business Can I Do With N5m by bassdow: 2:19am On Nov 09, 2023
Vawulenceee:
It's from an uncle based abroad. I told him I needed it for fish farming now I got it but considering what to use it for and could bring in daily income

would suggest you strictly lock up that money in BONDs, Treasury bills, Fixed deposit, or any Nigerian Bank Based financial instrument pending when you're 100% sure of what you want to do with it.

Please don't think of converting it to Foreign currency or use it for those online bitcoin and the likes
Re: What Business Can I Do With N5m by bassdow: 2:26am On Nov 09, 2023
if I have 5-million naira and still lives in rented apartment, I would do the following

1. Lockup 3-million naira safely inside the Bank via Fixed deposit, Bonds, treasury bills, etc. it's too risky converting to
foreign currency at the moment

2. Buy 2-plots of land with not more than 500,000 naira.

3. Build a modest 3 or 4 bedroom house on said land. Don't spend more than 1-million naira here. I would keep it lower sef.

4. use the remaining space to do agriculture. There are lots of things that could effortlessly fetch you more than 20,000
naira weekly while you continue doing what you were doing before you got the 5-million naira in the first place.

1 Like

Re: What Business Can I Do With N5m by Robertgreene1(m): 11:07am On Nov 09, 2023
[quote author=bassdow post=126867569]
why not talk it here ?

Who knows who else might have much more than OP does [/quote Rice business...we buy rice..we destone...we rebag in colourful bags...we sell... Nigerians must eat rice no matter what you know...
Please only contact me if you're serious... l'm fed up with unserious people
Re: What Business Can I Do With N5m by Robertgreene1(m): 11:08am On Nov 09, 2023
bassdow:

why not talk it here ?

Who knows who else might have much more than OP does
Rice supply bizneess... Nigerians must eat rice you Know...
Please only contact me if you're serious... l'm fed up with unserious people
Re: What Business Can I Do With N5m by bassdow: 11:59am On Nov 09, 2023
Robertgreene1:
Rice supply bizneess... Nigerians must eat rice you Know...
Please only contact me if you're serious... l'm fed up with unserious people

not that I intends contacting you. Just that you ought to have shared it here, let those who would contact or criticize do their bidding.
Re: What Business Can I Do With N5m by Robertgreene1(m): 9:40pm On Nov 09, 2023
bassdow:


not that I intends contacting you. Just that you ought to have shared it here, let those who would contact or criticize do their bidding.

hope you are okay now...Shalom!
Re: What Business Can I Do With N5m by AllDModsAreMaad: 11:20pm On Nov 09, 2023
bassdow:
if I have 5-million naira and still lives in rented apartment, I would do the following

1. Lockup 3-million naira safely inside the Bank via Fixed deposit, Bonds, treasury bills, etc. it's too risky converting to
foreign currency at the moment

2. Buy 2-plots of land with not more than 500,000 naira.

3. Build a 3 or 4 bedroom house on said land. Don't spend more than 1-million naira on this. I would keep it lower sef.

4. use the remaining space to do agriculture. There are lots of things that could effortlessly fetch you more than 20,000
naira weekly while you continue doing what you were doing before you got the 5-million naira in thhe first place.


LoL, you want to build a 3 or 4 bedroom apartment with 1 million naira?

Who be your supplier?
Re: What Business Can I Do With N5m by AllDModsAreMaad: 11:22pm On Nov 09, 2023
Whenever you decide on what to do, don't put all the fund into it at once.

Divide it, invest some first and study before investing more.

(1) (Reply)

Naira Rates Against The Usd, Gbp, Euro Today February 6, 2024 / Invest In Dump Truck Roi N120k/day / ‘from Zenith To GTB’: Why Nigerian Banks Are ‘upgrading’ Their Banking Systems

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.