Top 20 Lucrative Business in Nigeria

Are you thinking of Investing in Nigeria but don't know where to start from or which business to invest your money into? Here are top 20 most lucrative businesses in Nigeria you can invest your money into and be sure of making millions back in no time.

This list of business ideas in Nigeria is not just some randomly selected junk businesses, they are time tested, carefully selected high performing business ideas you can rely on. They are up to date and relevant in 2015.


Business in Nigeria1. Poultry Farming - This business is making average Nigerians rich. It is so lucrative that even outsiders are coming in to invest in poultry farming the business in Nigeria. And why not, In a country of more than 150 million people, what would you expect? If you start with 1,000 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making up to N30 million annually.

2. Cassava Production - People are beginning to turn their attention to this aspect of farming in Nigeria that have been neglected for years. Cassava derived foods are some of the most consumed in Nigeria. If you can invest in cultivating 50 - 100 Acre in a fertile area like Ondo State, your harvest will be great.

3. Import Used Cloth - Tokunbo market in Nigeria is very big and many people prefer to buy used items that are high quality than buy fakes.The cost of buying and importing used cloths is low compared to the prices in the market here in Nigeria, guarantying good turn over on investment.

4. Sale of Furniture - Buying and selling of Locally make furniture is a goldmine. You don't need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sale in your showroom. It is a very big business in Nigeria as only few can afford the imported designers.

5. Snail Rearing - Snail farming is one of the choice Animal farming for many reasons. It is a low capital investment with high yield and the market is big. There are few people currently doing this - and most of them are doing it in a very low scale. If someone invest heavily in Snail farming, he is sure to make good money in Millions within a year.

6. Rice Farming - Rice remains the most consumed food staple in Nigeria and Billions of dollars goes into importation of this product yearly from China and Thailand because the local farmer are unable to meet up the demand due to poor funding and limited knowledge. Anyone who have a million dollar to invest should get in touch and partner with me with 100% return. $1,000,000 = $2,000,000 guaranteed

7. Making of Fruit Juice - Nigerians drink fruit juice more than any other people. That's why companies like La Carcella and Chivita who came into the country as nobody are today making billions of naira annually. This business in capital intensive but if you can afford it, it's well worth it.

8. Pure Water Production - You know how popular this is in Nigeria and how many that are dispensed daily. Though this business is capital intensive but well worth investing into, especially if you can manage it properly with professionalism.

9. Oil and Gas Business - We are blessed and cursed with huge deposit of oil in our land which presents some of the finest business opportunity for Nigerians and Foreigners over the years. Owning a Petrol Filling Station, Supplying of Diesel, and Distribution of Kerosene are some the areas you can invest easily and make good money for yourself.

10. Haulage Services -  The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one.

11. Hotel Business -This is probably the coolest money making opportunity in Nigeria. Invest in small scale hotel of just 10 suites and watch as the money flows in. This has nothing to do with tourism boom of any kind; there is just something in Nigerians system that make this business very lucrative - Nigerians are jolly people!

12. Fast Food Eatery - Eatery business is another goldmine though poor management can kill it death! If you wish to go into this business, be sure to get everything right and don't forget it's a bit capital intensive and requires good management skills. But if you get everything right, free money is yours.


13. Importation of Tokunbo Spare Parts - If you are in USA, this business is good for you. Don't just keep importing exotic cars, gather tokunbo spare parts in containers and ship down here. There is huge market for it in Nigeria.

14. Investing in Property - Property appreciate everyday in Nigeria. Right now, Nigeria is one the countries in the world where landed property is most expensive. If you buy land now anywhere in Lagos, you are sure to make 100% profit within two years. You can buy and quickly resell and make profit. Or you buy keep and sell later.

15. Dry Cleaning - Professional dry cleaners at affordable prices are scarce in Nigeria. What we have are professional Dry Cleaners whose service fees are extremely high or mediocre dry cleaners who can never keep with time. Give them cloths today and meet it unwashed after one week. This business is a money maker if you balance it up.

16. Professional Car Wash - This business is good if you can set it up in a strategic location in a place like Lagos where there are good number of cars. You.

17. Sales of Building Materials - The rate at which new houses are springing up in Nigeria, you get to wonder why many people still complain of housing problem. Investing in building material is a good business and I can count some guys who are making millions almost daily in this business.

18.Transport Business - What we have in this sector are transport companies that are badly managed by local chiefs and touts. Invest in this business with good management and you will be wondering what hits you with bags of money.

19. Nursery and Primary School - School business has no rival among it's mate. My little kids school fees take away close to a million naira per term just to learn ABC!

20. Investing in Internet Companies - This is a new crop of powerful investment opportunity that is creating Billionaires around the world including Nigeria. It's simple! You don't have to be a Tech person, all you need is to look for a creative online tech startup with good ideas and invest into. Within 1 to 2 years you will be counting your profits in millions.

 Invest with us and Make 100% Profit

Our number one goal has been to share business ideas freely and encourage fellow Nigerians to start business of their own. This investment plan is designed for those who know how to take advantage of opportunity. Instead of letting the money sit in the bank for nothing, we can help you make 100% profit on your money.

The most important thing is that you do something with your money instead of keeping it in the bank where the bank will use it for business and give you little or nothing. 

Take enough time to browse around this website, you will see hundreds of other lucrative business opportunities to invest your money into in Nigeria. Thousands of Nigerians both home and abroad are now reaping the rewards of investing in their own country through the information they found on WealthResult.com. You too can!  

Now that you've gone through these business, let's have a discussion about it, drop your comment below and follow the conversation.

+Darlinton Omeh 

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117 comments:

  1. I really appreciate your effort. It encourages guys to invest money than to waste it. Please kindly guide me with details on how to start nail and barbe wire manufacturing there in Nigeria. All the requirements, step by step processes in production and marketing. I am happy hearing from you soon.

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    Replies
    1. I will write full post about this very soon. Just keep visiting and subscribe to our email update so we could notify you each time we publish new business opportunity

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  2. This a wonderful list of businesses, can I have your personal contact i would like to talk business with you

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    Replies
    1. Well, if it's so important I can be reached on admin[at]palness.com

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  3. Thanks for this insightful post.pls do you know how one could start nursery and primary school in nigeria

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    1. Well i can help you on that one but we should talk

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    2. There is article on this website that explained How to start Nursery and Primary School Nigeria. Just browse around, you will see it or use the search box.

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  4. Thank you pls what about chin chin making is it lucrative?? can u tell us hw to go about it

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    1. Chin Chin is a very popular snack in Nigeria and people have been in the business for a long time but, the problem is that most of them do it small scale. If you can take it more serious and take it to the next level, I can assure you that it's profitable. Thank you!

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  5. GREETINGS! PLS DO YOU HAVE ANY INFO ON HOW TO GET LEASED LAND FOR FARMING?

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  6. AGAIN,WHAT DO YOU ADVICE SOMEONE WHO WANTS TO START FARMING BY THIS PERIOD OF THE YEAR BETWEEN OCT AND DEC?

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    Replies
    1. Every crop has it's own season. Depending of the type of farming you wants to engage in

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  7. Please it possible you write a post on rice farming, and how to go about starting a rice plantation including its logistics? Thanks

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    Replies
    1. Click on "Rice Farming" on this list of top 20 lucrative business in Nigeria and read the full details.

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  8. This is a great insight. Also do not neglect doing business in the oil and gas sector. It's still under exploited. I have been writing on How to do business in the Nigerian Oil and gas industries for a while now.

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    1. so what are your findings considering that the industry is majorly monopolized by power brokers

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  9. Thanks for your ideas.Am intrested in the internet business.Pls how do I go about it.

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  10. I'm interested in d internet business, tell me wat 2 do

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  11. I'm interested in d internet business, pls tell me wat 2 do

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    Replies
    1. Take enough time to learn how to do business on the internet. Depending on the type of internet business you wants to do, there are couple of articles on this site that teaches how.

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  12. May God bless you richly for creating such awareness. Please, how can I start snail farming in my backyard? I want to give it a shot.

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  13. Thanks for this post, I'm currently into isp business but looking for other things to be fone with it fetch more income. We need to talk on ur online project u mentioned

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  14. This is a very great article. All the ideas here are still working...in Nigeria. I encourage anyone who is not lazy to pick any of the ideas stated above and He/She will not regret it.

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  15. Tnx for the writeup
    Very impressive.

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  16. Thanks for the insight into various lucrative business. Please can you expanciate on Haulage Services?
    I am planning on relocating back to Nigeria from UK. I worked all my life in the corporate world,but want to venture into business. What are the steps to take?
    Thanks in anticipation of your prompt response.

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    1. I'll write full article on Haulage business in Nigeria in a matter of days now, keep checking. Meanwhile anyone who invests N5 million with us gets N500,000 monthly for two years.

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    2. Thanks for all your business ideas, you are a blessing to the world especially for those who are passionate about achieving their purpose in life. Earning from their sweat and being a blessing to others. In regards to the Haulage Business, you mentioned about monthly return of N500,000 for two years. What will happen after that. Does that bring the contract to an end, or is there a lower return after the initial two years contract.Please specify. Lots of people are interested in making their money work for them ( investment) to be able to live a meaningful life. With a country of approx. 160 million and doing what is right in a legalised way, success is sure.
      I noticed you said you attended NIIT. This is a ministry for you as you are enlightening lots of people. It will be nice to consider further training in blogging as well, for those who are unable to make it now financially. We wish there are Charity organisations that can sponsor people with talent, but financially displaced. If people are comfortable, the better the peace of the country.
      In my days, going shopping at UTC, Kingsway, Leventis, Bhojsons, PZ and the rest , weren't a luxury. May God continue to empower you in all areas of life in Jesus Name Amen. Expecting your confirmation about the contract.

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    3. Thank you for appreciating what we do here, we haven't even started by the time we hit full gear, Nigeria and Africa will certainly feel the impacts :D

      About the investment with us, yes the contract terminates after two years, that's why we are paying high. But you have the option to reinvest after two years. You can contact me for more details. Thank you!

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    4. How can we contact you

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    5. Come to our office or do me a mail

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    6. As profit/interest or how?

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    7. Office location please

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  17. i want to know steps in supplyin or sellin of buildin sand in nigeria, hw much ll cost to own a personal truck nd d procedure to d buisness in Nigeria


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  18. Happy weekend everyone! I will soon be back to base

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  19. These are all wonderful businesses,and if you really have the desire to be rich,any of these businesses will take you there,guaranteed.But with hard work.

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  20. GOod work. I'm interested in the INtERNET business. I'm based in abuJa. Pls give full details on participation.

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    Replies
    1. Click on "TRAINING" on our navigation bar to get the detail

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  21. Kindly inform me when the 2014 internet business school would commence.

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  22. This is the question that most people ask themselves every now and then. People wake up every morning with no inspiration, all they perceive is past glories and and a wicked fear for the future. Everyone has a potential or a value to present to the society, these potentials are in us for a purpose. We can't just fold our hands and watch as others make good names for themselves. There is nobody who can't be a celebrity or an icon in this society, all you have to do do is determine within yourself, fight all fears, be extremely confident and my friend, the sky will be a starting point.

    You may say "i don't have money, how can i achieve this or that?" My friend, not everyone was born with a silver spoon but it is your right to make sure you don't die a poor man. Everyone that is being celebrated today did not just make it in a day, there is a saying that "a drop of water makes a mighty ocean", start small and make it big. Don't envy anybody, be yourself and stand tall no matter what. You deserve to be celebrated!

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  23. I'm deeply pleased to see a great forum like this. I have been living in the United States for few years now, and trust me, it has never occurred to me that the Nigerian market can be worth considering for investment of any type. But thank God for person like Darlinton (admin, if that's his name) for his great insight and wealth of information.

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  24. Thank you Darlington, for this long list of lucrative business ideas. All these business are all feasible here in Nigeria. Really, anybody that do ay of them well will surely gain from it. Thank you for all your work. i will soon try and submit a guest post on your blog. Nice work you've done here. Keep the flag flying

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    1. You are greatly welcomed Obong, looking forward for your guest post

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  25. May be at this point you should advice people to venture into fish farming..

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  26. Thank you for great work you do, more power to your energy.

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  27. Can you manage my mack truck for your business? if yes, send me your contact details.

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    1. We are not managing trucks for now except if it's up to five. Who is currently managing it for you and why do you wants to withdraw it?

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  28. wow.this is interesting and is good to get ideas on each of the biz I wil lik d internet or oil and gas but how much wil it cost.thanks

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  29. great ideas on business.but on each of these what wil it cost to start.thankz

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  30. you doing a great job please i would love to start the car wash business in lagos but i do not have a location or a land to start it up please can you help me or give me info on that.

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  31. Something is missing in this equation. Factor in the cost of generating electricity and water supply because there is none, cost of security, and transportation then watch your profit evaporates. Tell me a place or state with steady electricity and water supply I will go there and invest.

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    1. There is probably no company in Nigeria that use power more than telecoms and hotels. Yet, you still have big MTN, Etisalat and big hotels like Protia, Sharaton, and Intercontinental thriving in our land. Anyone can give any reason when he is not ready for business but those that are ready see thousands of reasons to move forward.

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    2. UCHE.
      Am Abubakar Musa.If you are serious in investing in Nigeria,please come to Jebba Kwara State, power is constant 24hrs,if you come i will pay for your accomondation for 2 days

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  32. Hi, how much as capital is needed to start ghe poultry business

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  33. Hi, how much caoital ii needed to start a poultry business. . I really appreciate th e write up.

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  34. pls wat bou hairdressing business,is it good enough?am 21yrs old on my I.T and i want to go into it.pls reply

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    1. Yes, hairdressing business is good and has been big and will remain big. Women can't do without making their hairs you know! But make sure you learned the art of making hair first and be good at it before venturing into the business

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  35. pls is hairdressing good enough.am 21yrs on I.T and i want to go into dat

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  36. Hit me through my emails, I think I am interested in the Rice business.

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  37. It's terribly that disspointing that we expect the author to go out there get all the little chunks of info, logistics and even feasibilty studies needed to start certain businesses. The idea on here is to create a spark hence u go out there and do the rest work. It's never so easy in the beginning and all the businesses are not risk free. That we should note.

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  38. @op... Your articles are great... Keep the good work up pal!!

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  39. Thanks for these great business ideas, I am presently in Germany , but coming to nigeria soon and I will be in lagos. My interest is in the sewing business , how lucrative you think this will be? Pls what advice can you give. I have experience with sewing of only women clothes. Thanks.

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    1. I have only one thing to tell you: Any business worth doing is lucrative in Nigeria. We have big name designers already in Nigeria

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  40. How can I start oil and gas distribution

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    1. It depends on two things: The amount you have at hand, and the knowledge you have about oil and gas. Maybe you can specify - which aspect of oil and gas do you want to venture into?

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    2. On the oil and gas business, I intend buying truck to distribute fuel but I don't know how to get the offer. Do I have to go to filling stations to ask if I can bring fuel for them or do I go and buy fuel and then start looking for people who will buy it from.

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  41. I want to thank God almighty very much for leading me to this site and also thank you for taking time to come up with these write up.You see, I am interested in poultry and snail farming for a start.Pls advice me on all I need to know for the business to move on well including logistics, Thanks and God bless you richly.

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    Replies
    1. Try and locate the poultry farming articles on this site, you can see one among the trending posts on the sidebar, it contains most of the advices you need. You can as well get the ebook. Thank you!

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  42. I am new on this site and quite happy to be here. please i need an advise on how to secure a loan and what it takes to start a creche around the mainland. Thanks.

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    1. I have some articles here that talks about how to secure loans in Nigeria. The best and surest means is through your bank, or through micro finance banks. Opening up the doors to investors is nice too if you know how to truly manage investment.

      As regards the creches, Search for the article "How to start nursery and primary school in Nigeria, it will be of help to you. Thanks!

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  43. This is quite impressive.It is nice to see that we still have people like you among us. Please keep up the noble work. Should you come to London, I will be glad to meet with you in one of our numerous pubs. Cheers. Jerry Obukohwo

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  44. inspiring business ideas, please keep up the great work

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  45. This is inspiring and thanks for the good work. I would like to know what happen to my 5m invested if I chose to have my funds back within a period of 6 month,

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    1. There is no option of six months or any month halfway. The reason is because our payout includes "capital and returns" N500,000 monthly for 20 months is N10million (5m capital and 5m returns) So for the six months, we must have paid you some returns of about N1.5m and part of your capital about N1.5m.

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  46. I need article on investment in internet. They are different types, can I know which of the articles you have written on.

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  47. Pls i borrow and invest money on selling of computer accessories and nt really bringing profit in this my area, pls i nid Ʊя̅ advice on wht other thing to with this in assisting me in Ado Ekiti

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  48. Hello
    I would like to start imorting Senegalese clothing (from senegal) to sell them in Nisgeria but specially in Lagos. Anyone has advise on where to show the clothes or anyone to introduce me to in order to sell the clothing.

    Thanks

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  49. Am so happy I stumbled on this website..I have about N3m tho currently working but would want to start the frozen food business do u think this will be lucrative considering the fact that this business is capital Intensive

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  50. How much will it cost to start up dried fish factory

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  51. I am interested in d internet business pls like how much will I need to start d business nd wot nd wot do I need to start up d business thank u.

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  52. Hello Mr. Darlinton Omeh, I have being following your blog for almost a year and half, and i have already invested in a business your blog thought me ( PURE WATER/ BOTTLE WATER) this has really took alot of funds.. My new plant is located at IKORODU LUCKY FIBER. i have all the machines, 3 sachet water machines, and 1 full automatic bottling machine, my nafdac is out both for Sachet and bottle, i have a 27kva power gen set diesel and also 8.8kva petrol... i have a white iveco truck 20ft... we have started production about 2 weeks now and i am having serious issue... 1 with my truck... its not serving as expected because its too big, and i plan to get a smaller one but the problem im having now is i am out of cash to get a smaller truck... and that is why i am posting this on here to see if there is anyone who could help with giving us a truck and also i dont mind heir purchase, i have not done it before so i dont know my way around it, i need advice, the iveco truck has being parked and water distribution has stopped... Please what should i do? i approached a bank and they told me i have to run the business for 3 month get an account with them before they can give out a loan... How can i run a business without trucks? The truth is the business is very lucrative, i have the records of sales since we started 2 weeks ago and every day the sales record keeps increasing... Please i need your advice any body who can help... i will really appreciate your advice and comment and if you are interested in helping i can take you to the factory, its at IKORODU. Thanks.

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    1. Hi Adetola, it's nice to hear you are already in business but sad you have to stop momentarily. I think the best option in this regard is to approach a micro finance bank, there is one in Ikorodu garage called Jessefield micro finance bank, they can give you load within few days if you qualify. What you'll do is to used the IVECO as collateral, that will be enough to get you at-least one million from them. We pay our investor on monthly basis so we have to be prudent with money management to be able to generate enough revenue to meet up conveniently to our obligations to the investors

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  53. Oh thank you so much Sir please what is there interest rate, and also how many months do they allow to make payment? How does it work? i like to have more idea Thank you Mr. Darlinton.

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    1. The interest rate is about 4% though I'm not very sure about that. You decide the payment duration but must be within six months. Find time to approach them. Another that is very good too or even better than the former is ACCION also in Ikorodu guarage

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  54. hmm am intrested in dis haulaging business....i want evri full detail of wat is needed on it for a start up....

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  55. Good write-up may God bless you.
    For those that may be interested in making extra income in investment, click on the link above for a guaranteed investment with ROI Payable to your local account every month end.
    Note: This is not MLM or Punzy scheme. Your money simple work for you.
    Very transparent.

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  56. Hi sir pls I really need ur email address I would like us too discus business.thankx and God bless

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    1. Hello, Pls go to the "invest" page, you'll see my contact email there. The only discussion I'm willing to have is in relation to the investment. Thank you!

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  57. . You wake up and do your research yourself.m surprised people are asking for amount to start a business

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  58. Sir you have done a great job, but most of the business idea you shared here required a big capital, not only rich man must make more money. please come down to fresh graduate level. Which business can i start with just only 200,000 naira.

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  59. I most thank u sir for this great job well done. I want to know what business one can do with 250,000 and how one Can go about it.

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  60. Morning mr darlinton I read ur post on the 20 lucrative business,one can do,and am so please about it and I sincerely appreciate you and d good job u are doing,please I want your advice on how yu think I can invest 100k on snail business.pls can u help out.

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  61. Dear Mr Darlinton thank you for this post its just what I have been looking for. I have been doing my research on okirika clothing. Can I export to nigeria from the UK or is it banned? Please help me out.

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  62. Sir I want to known how good is selling of mobile phone in nigeria. If it a good business to go in to in nigeria

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  63. God bless you sir, am interested in investing with you but am based abroad what do I do.

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    1. You can still do it. Contact me on Facebook lets have a chat there.

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  64. Fear is my challenge

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  65. This is a good site darlignton! I want to go into the sand business, I would like to know what it entails? if I need to join an association? what type of sand is good for what? for starters, is t better I rent trucks to save cost or I buy my own truck? because I am of the opinion that when u start small, you can garner the experience learnt on build on it.

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    1. You may consider starting as a supplier and possibly expand with time. Suppliers generally don't buy trucks, what they do is after getting customers to supply, they go to the sand field, negotiate with truck drivers who load and deliver to the customer. The supplier collect money from her customer, pay the truck driver and walk with the profit. You can start with that.

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  66. are u or do u hav anyone who is into agriculture business nd seeks funding or anyone with a startup business plan..there is huge fund waiting for u.

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  67. The copyright infringement scared the shit out of me (lol). 200k dollars? Anyway, nice post. Just keep doing what you are doing, bro.

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  68. Thank you for the write up.

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  69. Dear Sir,
    Thank you for your enlighten. I need business proposal on plastic recycling and pet bottles blowing business.
    Can you assist me with this. You can reach me on maec1472@yahoo.com
    Thank you.

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  70. Hello, good thing you are doing here. First I must say that some people have money to invest in a business, but do not have the idea of where to invest into. And some people do not have the money but they do know where to put it when it comes. It's very complicating. Just like me. (Sadly).
    I would like to get some ideas on some businesses that can flourish well with 15M (fifteen million naira). I'm not considering the truck, farming and other likes of it. I'm more of fashion, women's bags, shoes, Gadgets and stuffs like that. Please I need your advice. The funds might be bigger.. Please help.
    Gerald

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    1. There are plenty of business ideas here that you can chose from depending on your experience and circumstances. Take enough time to browse around this blog, you'll see one or two businesses to work on. Cheers!

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  71. I really appreciate what your doing! keep it up sir.... but am confuse right now, i want to start up a poultry but don't know where to start from.. i need guide please. thanks

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  72. mr Omeh,please is this OIL and GAS business real please.

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  73. mr Omeh,is OIL and GAS business by Joke Enaks and Maureen Onome real please..

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  74. Hi please am so much interested in Making of Fruit Juice, how can I start it, and how much can't I start it with? please reply

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  75. how can i get you on facebook so we can talk much better

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  76. What a wonderful write-up. Very impressive.

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  77. I just recently read Nigerian Naij News and see what the IT sector in Nigeria is still little developed, I wonder why this industry is so profitable to invest. Besides news http://www.naij.com say that the Internet and all that it involves in this country enough to effectively promote.

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  78. A job well done. Kudos. I want to add an online dimension to all these. Nigeria is the 5th fastest growing country in a "quiet" world-wide online business which is seen as a second income business that can make you between $200 - $500 monthly on a part time basis. Best of all, it is FREE to join and you can be paid in your local currency if you so wish. If you are serious about this and want help in getting it right, contact me and I will put you through for FREE. Check out this money-making opportunity here now; http://www.sfippa.com/9441925.naija/real

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  79. thanks for the info. what kind of business can i invest in on internet that could yield me 100% profit and what are the possible risk involve?

    ReplyDelete

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