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If You Are Given N10million Today, What Business In Nigeria Will You Invest In? - Business (11) - Nairaland

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Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by rafcrown(m): 5:23pm On Jul 05, 2020
Omawumi17:
Borrow me 100k lasan and watch me build an empire in just a year
How?
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by emmaodet: 6:48am On Jul 06, 2020
Enyinne:
Good day Emma , kindly send me ur email so i can send ur email. I hv a business am setting up but needs advise on machine.thanks

Alright.
Have replied your mail.

1 Like

Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by NairalandAngel(m): 3:42pm On Jul 08, 2020
Adanna205:
I just need 1- 1.5M to fully commence a business that has refused to leave me. I realized several companies give their staff lunch everyday. I intend to start a catering business that caters for lunch of companies both on the island and mainland.

I just need to buy few things before I start and I have a team of three superb cooks willing to work with me. Besides, I have spoken with few companies and they are willing to patronise me.
I intend to be buying foodstuffs from Osun for the business.

My interest per month is over 2M after paying my workers.

Have you actually run this business before?

I actually set up a business like this with someone who claimed he could make it work; it ended up being a big financial disaster for me.

I may consider partnership with someone who knows what he is doing because the equipment I purchased is still lying fallow

3 Likes

Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Adanna205: 5:36pm On Jul 08, 2020
NairalandAngel:


Have you actually run this business before?

I actually set up a business like this with someone who claimed he could make it work; it ended up being a big financial disaster for me.

I may consider partnership with someone who knows what he is doing because the equipment I purchased is still lying fallow
ohhh wow! I'm so sorry about that. I have run a business like this before, though on a small scale. I have worked with companies on the island and there are open opportunities for me to leverage on.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Adejuliet(f): 10:08pm On Jul 14, 2020
NairalandAngel:


Outline the business here first
I'm just seeing this Sir/Ma. Can I send PM?
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by NairalandAngel(m): 4:08am On Jul 15, 2020
Adejuliet:

I'm just seeing this Sir/Ma. Can I send PM?

Yes you may
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by NairalandAngel(m): 11:32pm On Jul 23, 2020
SehgateTeam:
Well. The question is who will give out 10m.?

Back to the question on how to invest the unseen 10m.

Generally, Business atmosphere in Nigeria right now is not favourable and I must be sincere with everyone. Those doing it might just be trying to meet sales not like before.

My opinion;

I will love to go into agro commodity trading with it but recently our experience on it seems bad. Because the farmer now have a way of linking the factory directly with the aid of educated farmers among them which now block the chances of traders.

If I should go into stocking. There is tendency the maize or Soyabeans or any other grow mould and spoil on waiting for prices to rise. And as a matter of fact, one of the factory we supply already have up to 180,000mt of stock already so when do we think the price we move up? Even right now the price is going down on daily basis so if you had bought maize when the price was 95,000per ton last November will you be happy to sell now at 85,000 per ton.

If I should consider farming, the fear of fulani herdsmen will not allow me to sleep.

As a risk taking business man, I will think outside the box in investing my fund. I.e, I will deposit 5m into my account and use it to trade off Nigeria boundary. (Initiating colanut export from Nigeria and send to the Sahara/Sudan via air cargo where the demand is high) then with the remaining 5m. I will move quietly to Mali/Niger republic and settle down for 3months to buy cow gallstones .

I will buy 1 gram 600-1000cfa guaranty. And I will spend most of my time like a poor business man through out because 1. Hide my identity 2. To have some good bargaining power. 3. To avoid the Arab wahala.

If I should get 2kg within 3months I will be happy though its possible because almost all their cows in this region have it.

Next is to book my flight to HK.

2kg

1gram in Hong Kong is 47USD
47USD x 2000grams 94,000USD. So let's me calculate some other factors

1. Other Chinese buying
2. other Nigerian Hausa trader buying
3. Inability to speak good Arab. Might not be able to convince them and having an interpreter Also exposes me to danger of arab spy*

So 1kg is guaranty in 3months

1000grams x 47USD.
47,000dolls.

Note* 1000grams of cow gallstones will hardly filled up 3-4 boxes of st.Luis cube sugar. So having it I will not pay any duties.....smile.

What is cow gallstone used for?
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by slimjosh43: 3:38pm On Sep 27, 2020
Brymo4all:
Jersey business is very lucrative.
You can even start with 500k
How?
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Greatest100(m): 3:52pm On Sep 27, 2020
I will go for cropping. Cultivation of maize, watermelon and cucumber.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Pweetyopsy: 3:52pm On Sep 27, 2020
I will invest in Agriculture (crops and lifestocks) in a wide space
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Brymo4all(m): 7:37pm On Sep 27, 2020
slimjosh43:

How?

Buy in wholesale and resell
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by slimjosh43: 10:28pm On Sep 27, 2020
Googleus:
my business plan is ready for a animal feed production..

1. feeds for aquatic animals i.e tilapia, cat fish etc ( mesh, pellets etc)

2. feeds for livestock's (pellets)

3. feeds for pets (quite expensive in the market): dogs, cats etc (pellets)

4. feeds for poultry: chicks, growers, layers, broilers etc (mesh, pellets etc)

this will be purely organic but affordable feeds and pellet using pelletizing machinery to make the unique..

raw materials are the common maize, millets, meals, crude proteins etc

all animal has its own feed formula based on nutritional requuments..


all I need is money for equipment, power source, piece of land, accreditation etc

business plan is ready, nutrition chat is ready, workbforce: 4

raw materials market source is ready (central / western Nigeria farms/settlements/villages)

machineries selected anf waiting for procurement

packaging format ready..

all others also

location: kogi

DM me : kjyomme@yahoo.com

I'm interested
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by WisemasterBizWd: 4:11pm On Sep 30, 2020
WisemasterBizWd:
Storage business
I will purchase soybean @ 130per modu (
100modus is equal 1bag that 13000

100bags @ 13000 equals 1.3m

In four months(Feb-may) I will sale @ 200 per modu by May.

100bags will be sold @ N20000 per bag that 2m
That roughly 50% In four months.

Note: the price may rise as high as 300 to 350


Compounding: I can reinvest the whole 2m in another storage biz

Palm oil for four months again

May/June to Sept .


Made this post in Jan. Can u compare the price then with the current price now.
Was fortunate to buy palm oil in May for N7000/25litres Keg. Do u kmw the current price now?. That while I keep saying storage is one of the coolest business to do. Just buy when the price is low and resell when. The price is high. Thanks!�

2 Likes 1 Share

Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by WorriorPlus: 4:41pm On Sep 30, 2020
I will invest in agriculture
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by ReppingLocals(f): 6:09pm On Sep 30, 2020
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Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by phillip001(m): 7:08pm On Sep 30, 2020
So nobody want to invest in toilet roll production abi. Dont you know that some people can shit like 2 to 3 times everyday.women use it to clean local government after urinating and can urinate like 2 to 5 times a day.what about people with runny nose.

Please anyone with knowledge or into toilet roll production business should please tell me.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by waley007(m): 1:44am On Oct 01, 2020
suco01:


1.2m is good to setup a salon pending how you want it to be like, a big one in size of (like 2/3shops size) or like 2 shops at different strategic place. You have to study and know how the market/business work in your area. If you can answer these questions.

The location where you intend to do the salon, how is the population like (upper, middle and lower class) as for me I advice you target where there are more of middle class and lower class. how saturated Is the business around the area, how much do they barb around there (upper, middle and lower class).


For Alchol business, I don't know much about it but I have people who start with a shop and now they have like 2/3 or more shops, selling in wholesales prices. Alcohol business is lucrative here in Lagos because people dey drink all sort of things here from different types of bitters,vodka, wines including yogurt etc, but I don't know of port Harcourt. if you can take a survey to see how demanding and how people drinks you can give it shot but before that pls take months to learn the trade to know how it works




bro I'd like to set up a unisex saloon with 3m , kindly advise , how I can manage my staff , cos I don't know how to Barb , how to pay them and all
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by suco01(m): 7:00am On Oct 01, 2020
waley007:
bro I'd like to set up a unisex saloon with 3m , kindly advise , how I can manage my staff , cos I don't know how to Barb , how to pay them and all

Okay my number is on my signature and be ready to pay consultion fee
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Orente21(f): 10:07pm On Oct 24, 2020
I need an investor for my catfish business. I am currently running a small one but I need more capital to expand.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by WisemasterBizWd: 1:00pm On Nov 03, 2020
WisemasterBizWd:
Storage business
I will purchase soybean @ 130per modu (
100modus is equal 1bag that 13000

100bags @ 13000 equals 1.3m

In four months(Feb-may) I will sale @ 200 per modu by May.

100bags will be sold @ N20000 per bag that 2m
That roughly 50% In four months.

Note: the price may rise as high as 300 to 350


Compounding: I can reinvest the whole 2m in another storage biz

Palm oil for four months again

May/June to Sept .




Another storage season is here again. Don't miss this opportunity.

Product: melon(egusi)

Buy range: hand peeled, N500-N650 per modu. Engine peeled N400-N500 and unpeeled N150-N200

Duration for storage: 4-6months(Nov 2020-april 2021) or sell once u make 50%ROI.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by WisemasterBizWd: 1:01pm On Nov 03, 2020
WisemasterBizWd:





Another storage season is here again. Don't miss this opportunity.

Product: melon(egusi)

Buy range: hand peeled, N500-N650 per modu. Engine peeled N400-N500 and unpeeled N150-N200

Duration for storage: 4-6months(Nov 2020-april 2021) or sell once u make 50%ROI.
Hurry up and buy, store and resell when d price is high.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by WisemasterBizWd: 3:04pm On Nov 16, 2020
WisemasterBizWd:
Storage business
I will purchase soybean @ 130per modu (
100modus is equal 1bag that 13000

100bags @ 13000 equals 1.3m

In four months(Feb-may) I will sale @ 200 per modu by May.

100bags will be sold @ N20000 per bag that 2m
That roughly 50% In four months.

Note: the price may rise as high as 300 to 350


Compounding: I can reinvest the whole 2m in another storage biz

Palm oil for four months again

May/June to Sept .


Back to this post.

Bought Palm oil in may N8000
Keg(gallon) @ N1000
Cost of transportation from Osun to Abuja N800
Others N200.

Totally N10,000



Sold @ N16500 on 14th Nov 2020

That a ROI of 65% in six months.

Nothing as cool as storage

4 Likes

Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Orente21(f): 8:52am On Nov 17, 2020
WisemasterBizWd:



Back to this post.

Bought Palm oil in may N8000
Keg(gallon) @ N1000
Cost of transportation from Osun to Abuja N800
Others N200.

Totally N10,000



Sold @ N16500 on 14th Nov 2020

That a ROI of 65% in six months.

Nothing as cool as storage
pls kindly tell me more about this palm oil business
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by WisemasterBizWd: 12:50pm On Nov 19, 2020
Orente21:
pls kindly tell me more about this palm oil business


Very simple.

All you need to do is, buy when d price is low(during harvest)

Store for a period of time (4-6months)

Sell when d price goes up.. pls avoid greed . You can sell when ever you feel d ROI is okay for you.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Orente21(f): 6:10pm On Nov 19, 2020
WisemasterBizWd:



Very simple.

All you need to do is, buy when d price is low(during harvest)

Store for a period of time (4-6months)

Sell when d price goes up.. pls avoid greed . You can sell when ever you feel d ROI is okay for you.
thank you. Please when is harvest period

1 Like

Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by WisemasterBizWd: 9:59am On Nov 20, 2020
Harvest period for Palm oil is Feb-April


Not withstanding you can buy and store these products from now till that Feb-April

Egusi

Beans
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Kestar12: 1:12pm On Nov 20, 2020
I will invest it into Haulage and Logistics with Bonafide Blessing Express Limited.
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Orente21(f): 8:55pm On Nov 20, 2020
WisemasterBizWd:
Harvest period for Palm oil is Feb-April


Not withstanding you can buy and store these products from now till that Feb-April

Egusi

Beans

thanks
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by bamidele89: 10:46pm On Nov 20, 2020
[quote author=WisemasterBizWd post=96242039]Harvest period for Palm oil is Feb-April


Not withstanding you can buy and store these products from now till that Feb-April

Egusi

Beans



That Egusi please explain very well for me
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by bamidele89: 10:47pm On Nov 20, 2020
WisemasterBizWd:
Harvest period for Palm oil is Feb-April


Not withstanding you can buy and store these products from now till that Feb-April

Egusi

Beans


Please explain that of Egusi very well
Like how much did you think it can cost when selling and which month can we sell it at higher price
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by graciousamy: 11:49pm On Nov 20, 2020
BAMOFIN1:
Hi, I have a warehouse near Coker/Odunade in Lagos which can take about six 20ft containers. My original plan was to be importing goods to be stored in the warehouse but I have found out that I cannot cope with the stress of importation. Now, I am looking for nonperishable goods that I can buy whole container from major importer at a huge discount or for products produced outside Lagos that I can buy in bulk, store in the warehouse and sell to retailers in small quantities. If by reason of your business or experience you know such a product or you have links to manufacturers outside Lagos State looking for distributor in Lagos please contact me on 0813 4103494 whatsapp/sms . I am willing to pay for profitable information. Thanks.

I can supply you bags of rice at a discounted price
Re: If You Are Given N10million Today, What Business In Nigeria Will You Invest In? by Christiano25(m): 2:25pm On Nov 21, 2020
Please can you lead me through. I am very interested right now
karlboss:


Create a Bitcoin trading website. Run ad on fbk you will get people who would invest. Create a telegram group to carry along your investors

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