Question: How Can I Invest 500k In Nigeria?

How can I make 20000 naira a day?

If you want to make 20,000 naira daily in Nigeria, checkout these 15 ways:Start Blogging.Start Up a Boutique.Start Affiliate Marketing.Establish a Laundry Business.Own a Barbing Salon.Become an Affiliate Fashion Designer.Run a Barbeque Business.Do Freelancing.More items…•.

What is the best way to start a business in Nigeria?

In this post, I will be sharing the key steps and processes of what you need to start a profitable business in Nigeria.Evaluate yourself. … Find a business idea. … Conduct market research. … Feedback. … Create a business plan. … Get business funding. … Business Registration. … Build Your Team.More items…

What products are in high demand in Nigeria?

Top 15 High Demand And Fast Selling Products in 2020Electronic Goods. … Fashion Items. … Cosmetic Product. … Health And Wellness Products. … Hair Wig And Extensions. … Baby Accessories. … Food And Groceries. … Phones And Accessories.More items…

How can I invest money wisely in Nigeria?

Here are some tips from the post and I think it can answer the question on how to invest your money wisely in Nigeria.Invest in something you understand. … Invest in something you are passionate about. … Invest in something you are willing to learn through. … Invest in something you are willing to stick with.More items…

What are the fastest growing business in Nigeria?

Five fastest-growing business ideas in NigeriaHotel Business.Oil and Gas business Ideas.Haulage business intentions.Poultry business idea.Pure water production business.In Conclusion.

What should I invest in 2020 in Nigeria?

Here are the most lucrative investment opportunities in Nigeria:Agriculture. Nigeria’s population is estimated to be over 200 million. … Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria. … Oil and Gas. … Mining. … Manufacturing Industry. … FGN Savings Bond. … Stocks. … Fixed deposit.More items…

How can I make 5000 naira a day?

10 Ways to Make 5000 Naira Daily in NigeriaFreelancing. This is one of the easy ways people make money online. … Tutoring. … Barbing. … Transport services. … A beauty salon. … Owning a Gym house. … Sales. … Online marketing.More items…

What business can I do with 300k?

Best Business to Start with 300k#1. Tailoring. Provided you know how to cut and sew clothes well, you should consider tailoring as a viable choice with 300k in your pocket. … #2. Barbershop. … #3. Hair Salon. … #4. Sale of Hair Extension. … #5. Sale of Clothes. … #6. Dry Cleaning Service. … #7. Football Viewing Centre. … #8. Cyber Cafe.

Where is the best investment?

Here are the best investments in 2020:High-yield savings accounts.Certificates of deposit.Money market accounts.Treasury securities.Government bond funds.Short-term corporate bond funds.S&P 500 index funds.Dividend stock funds.More items…•

What kind of business can I do with 500k?

Top 11 businesses you can start with 500,000Grocery store. This form of business that works irrespective of the business location and provides the daily needs of households and individuals. … Farming business. … Bookshop. … Event Rental Equipment. … Building material rentals. … Dry cleaning services. … Football viewing center. … Business center.More items…•

Which investments have the best returns in Nigeria?

List of the Best Investment Opportunities in NigeriaBank Investments. It is almost impossible to discuss investment opportunities in Nigeria without referring to bank wavings. … Cryptocurrency and Blockchain Investments. … Real Estate Investments. … Agriculture and Livestock Investments. … Bonds and Stocks Investments.

What business can I do with 20k in Nigeria?

Profitable Businesses You Can Start With 10k 20k 30k 40k In NigeriaSelling of bottled drink or bottled water: … Requirements : get a space in a busy area like commercial bus terminal, buy a big cooler, an umbrella, iced block, a small signboard to write buy minerals and cold water here. … Popcorn Production Business.More items…

Is Nigeria good for business?

Nigeria also tops the list for Africa’s largest economy, largely thanks to its production levels of oil and gas, which are also the highest in the continent. Over the last ten years the country has enjoyed an average GDP growth of 6.9% and is now the biggest beneficiary of Foreign Direct Investment in Africa.

Who is the best company to invest money with?

Best Investment Companies for the Average InvestorThrivent Financial.Betterment.Wealthfront.Robinhood.Acorns.Fidelity.Vanguard.Charles Schwab.More items…•

How can I make money fast in Nigeria?

In this post, we’ll be sharing some easy and legit ways to make some extra cash in your spare time.Publish Books Online. … Sell Designs & Creatives Online. … List on Property Websites. … Start a Blog or a Vlog. … Sell on E-commerce Websites. … Affiliate Marketing. … Offer Professional Services Online. … Become a Virtual Tutor.More items…

What can I invest in with 50k in Nigeria?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

How can I invest 200k in Nigeria?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

What are the 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.Growth investments. … Shares. … Property. … Defensive investments. … Cash. … Fixed interest.

What can I sell to make money in Nigeria?

15 High-in-Demand Everyday Commodities in NigeriaInformation. There are many things I want to list as number one on this list but information tops them all. … LIQUID SOAP AND DETERGENTS. You would agree with me that soaps are an everyday item. … POWER BANK. … HAIR EXTENSIONS. … SHOES AND CLOTHING. … COOKING GAS. … Floor Tiles. … WATER.More items…

What profitable business can I start with 500k in Nigeria?

That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.Printing and Publishing.The Building Block Business.Renting Service for Building Materials.Computer Service Center.Farming.Food Processing.Sports Betting.Exportation.More items…•

What is the most profitable business in Nigeria?

Real Estate is no doubt one of the most profitable businesses in Nigeria and the world. Real Estate is as relevant as ever because people will always need a place to stay. As the population of Nigeria continues to increase, the need for housing continues to grow. There are several opportunities to choose from!