10 Lucrative Business to Start With 10k in Nigeria

If you’re looking for a business in Nigeria that you can start with 10,000 naira, this article is for you. We have researched and listed in this article 10 lucrative business you can start with 10k in Nigeria.

1. Car Wash

The popularity of the car wash business has increased as the number of car users on a daily basis has increased. This is significant because most automobile owners have little or no time to wash their vehicles on their own.

As long as people drive automobiles, this form of business will never go out of style.

You can run a vehicle wash from your home, a venue, or a mobile car wash. Whichever one you choose, you can profit from it if you continue to provide the greatest service to your customers.

2. Laundry Service

Laundry services is one of the most straightforward businesses to establish. The company provides clothing washing and drying services.

Because everyone needs clean clothes, individuals starting a laundry business will find that their services are in high demand.

One advantage of the business is that you can start it even if you have no prior expertise in the washing industry.

3.  Chicken Dressing

They always pay for their chicken to be dressed, whether it’s in a restaurant, hotel, or even their own homes. In less than 5 minutes, these chicken dressers can finish the job. To get started, you’ll need to learn how to make chicken dressing.

Then gather all of the necessary tools, such as a kitchen knife, a water boiling pot, and a work table. Chicken dressing can be done in your place of business or at a client’s place of business.

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Chicken dressing is undoubtedly one of the most profitable companies in Nigeria, and it costs less than ten thousand dollars to start.

4. Sales of Recharge Card

Recharge card sales have traditionally been a year-round business. People recharge their phones on a daily basis to call friends and relatives, make inquiries, market, and buy data for accessing the internet, among other things.

The average phone user in Nigeria has two active sim cards, implying that they recharge at least two phone lines. Before purchasing the recharge card, you must first determine the type of recharge that the majority of people in your area can afford.

If you sell largely 500 and above recharge cards in a quarter where many people can afford to buy 100 naira recharge cards, you’ll have minimal patronage and will be out of business in no time.

5. Shoemaking

A buddy in this industry has seen a boom since he was able to find a technique to make high-quality half-shoes and offer them for a low price.

Another industry that will continue to grow in Nigeria is shoemaking. There are two ways to start a business.

To begin, you can acquire the necessary abilities and begin creating shoes to sell. You’ll need to be familiar with raw materials, different shoe sizes, and the ability to produce unique designs for them.

Second, you can enter the industry by purchasing already-made shoes and reselling them. You can work with the company that makes the shoes and sell them at a reasonable price to encourage people to return.

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6. Beads Making

Bead necklaces are growing more popular around the country. This is clear when you see numerous women wearing bead necklaces at any occasion, whether they are from the north, south, east, or west.

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The point is that there is a market for entrepreneurs who wish to start a bead-making firm. You can purchase the materials for bead creation and learn the necessary skills on a tight budget.

7. Internet business

Another example of a market that is in great demand and will remain so in the future. Internet business is a broad term that can refer to a variety of different enterprises.

People who wish to establish a business online will almost certainly require a website/blog, will want to target a niche, will need to acquire a domain name and host a website/blog, and will need to understand search engine optimization, article outsourcing, and traffic generation, among other things.

If you know how to perform any of the services, you can start a business by performing them for others who don’t.

It may be you who wants to establish your own blogging business and then select a niche to target, start churning out material, and eventually start making money from it.

8 Cake & Cupcake Business

Making and selling one-of-a-kind cakes and cupcakes for special occasions, parties, and wedding celebrations is a profitable business idea.

To obtain the necessary tools and raw materials, the firm can be established on a shoestring budget. The mixing and baking can both be done in the kitchen. Once they’re ready, call the restaurant, hotel, wedding planners, event planners, kid party planners, catering firms, and bridal shop to inform them of the cake and cupcakes you’ve baked and sold.

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Sending free cake and cupcakes to those who will taste the cupcakes and, if they like them, send business your way is an important strategy to market your brand.

9. Backyard Nursery

Growing and selling trees in your backyard is a terrific way to generate year-round money from your house. Growing and selling trees does not necessitate a large number of yards.

The tree can be planted in a pot, leather, or burlap in the ground. Depending on the plant, it may take a season or two for them to mature.

Mango, orange, pawpaw, dates palm, moringa, and vegetables like as spinach, bitter leaf, water leaf, and ugwu leaf are all popular in Nigeria.

For it to grow at the desired rate, you’ll need access to water.

10. Professional Makeup Artist

This is a business with a high profit margin, but it’s also a business that demands a lot of talent to know the correct tool and how to apply cosmetics.

The good news is that you can always learn more and improve your skills.

This is a delicate business. If you’re fresh to the industry, no one can give you her face for makeup.

You should be able to perform free makeup and take a before and after photo and post it on social media to advertise yourself. You should also contact wedding planners and celebrities about your business and what you can accomplish.

Source: Nyscinfo

Updated: October 9, 2021 — 12:51 am

The Author

Stephen Adoga

Stephen Adoga is a trained journalist, researcher, creative writer, content creator, video editor and freelancer. He studied Mass Communication at the Lagos State Polytechnic, Ikorodu, where he acquired requisite training for the practice of journalism. He loves the media. His interest mostly lies in the print medium where his creative writing skill makes him a perfect fit.

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