With ₦300,000, you can start a small but profitable business in Nigeria. Here are some options:
1. Food & Drinks Business
- Small-scale restaurant or food stall – Sell local dishes, snacks, or fast food.
- Shawarma or suya spot – A simple setup with a grill can attract many customers.
- Smoothie and juice bar – Blend fresh fruits for health-conscious buyers.
- Popcorn and snacks – Sell in schools, cinemas, or busy streets.
2. Retail & Reselling
- Mini provision store – Sell household essentials in a busy area.
- Clothing and thrift business (Okirika) – Buy and resell fairly used clothes.
- Phone accessories – Sell chargers, earphones, power banks, etc.
- Cosmetics and skincare products – Resell beauty products online or in a small shop.
3. Agriculture & Farming
- Poultry farming – Start with broilers and sell them in 6–8 weeks.
- Snail farming – Requires little space and maintenance.
- Catfish farming – Invest in fingerlings and small ponds.
- Vegetable farming – Grow and sell crops like tomatoes, pepper, or spinach.
4. Services Business
- Laundry and dry cleaning – Start small with a washing machine and iron.
- Car wash – A simple setup near busy roads can bring profits.
- POS business – Become a mobile money agent in a strategic location.
- Barbing or hairdressing salon – If you have skills, this can be very profitable.
5. Online & Digital Business
- Mini importation – Buy and sell products from China using platforms like Alibaba.
- Freelancing (writing, graphics, programming) – Offer services on platforms like Fiverr or Upwork.
- Dropshipping – Sell products online without keeping inventory.
- YouTube or blogging – Start a content channel and monetize over time.
Would you like recommendations based on your skills and interests?
If yes! Great! To recommend the best business for you, I need to know:
- Your Skills & Experience – Do you have any experience in business, sales, farming, digital skills (graphic design, writing, programming, etc.), or a trade like hairdressing or tailoring?
- Your Interests – What type of business excites you? Do you prefer selling physical products, offering services, or working online?
- Your Location – Are you in a rural or urban area? Some businesses thrive better in certain locations.
- Your Available Time – Will this be a full-time business or a side hustle?
Once I know this, I can suggest the most suitable and profitable business for you.
