MYTH

Top 8 Businesses you can start with 100,000 naira in Nigeria

 

1. Phone Charging Business

 

Nigerians have been complaining for a long time about the unavailability of a safe and constant power supply. The audience for your business is not the ones with alternative sources of power supply but the ones without it.

A large wooden board with many switches will accommodate lots of phones, and a power source is all you need to run this business.

You should get all of these with at most 100,000 or less

2. Dry Cleaning Business

Working a 9 to 5 job or running around to ensure your business is running smoothly can be exhausting. Weekends should be spent relaxing after a busy week, as well as spending time with family.

The majority of people will pay for these services when they have this kind of a busy schedule. To start, contact the families who need this service so you can serve as many as possible.

If you start a dry cleaning business, you will only need a small washing machine and an iron. You can start small, then expand as the business grows. You will get paid anywhere between N3000 and N10,000 per family depending on how you package yourself.

 

3. Pop Corn Production Business

Popcorn comes in a variety of sizes and flavors. It is a treat loved by almost everyone, young and old, male and female. Popcorn makes an excellent movie accompaniment.

Thus, this business idea is a winner. All you need to set up a small popcorn business is fresh and moist corn, a popcorn machine, sugar, salt, butter, and any other flavor you wish to add.

 

4. POS Business

Many people find it difficult to go to an ATM or bank because it feels like a punishment. In place of going to a traditional bank or ATM, some prefer to use their mobile device to conduct their banking transactions instead.

If you want to own an e-payment outlet, you can become a banking agent. The first step is to register with any bank of your choice. Following registration, you will be given a POS system.

POS is available at some banks for free, while at others a small fee is charged.

 

5. Phone Accessories Business

It is possible to start a business selling smartphone accessories for N100,000, including phone casings, and earpieces, as well as screen protectors, among other kinds.

The reason why this business is profitable and lucrative is that there is an immediate demand for these products.

Just get a perfect location for this business, then boom!

7. Suya Business

Since I was a child, Suya – grilled cow meat that is primarily made by the Hausa tribe, has been a family favorite. To this day, children and adults alike enjoy this treat.

Despite its popularity, grilling any of these ‘proteins’ is not exclusive to mesh (such as suya) as anyone can put up a grill and offer these delicacies to customers.

You can go grill at parties, dinners, birthdays, etc. in addition to having your permanent stand.

 

8. Salon And Hairdressing Business

There is a thriving salon and hairdressing business in Nigeria. You don’t need a lot of capital to get started, you just need weaves and basic tools to get started, as well as a basic knowledge of hairstyling.

 

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