Today, we will be looking at hot business ideas in Nigeria that are lucrative and easy to start with small capital and things you need to know before starting most of those business.
Nigeria is one of the best country with fast raising economy, and starting a lucrative business will be the best decision you may ever make.
If you are aiming to start business in a country like Nigeria then, this article is basically for you, I will advice you to calm down as you go through it.
Top 7 Hot business ideas in Nigeria for beginners.
Here, I will be revealing some business ideas that will help you to make better decision in your business journey, most of these business are businesses that others has tried and became successful.
1. VTU business
2. POS business
3. Computer business centre
4. Poultry farming
5. Affiliate marketing
6. Content writing
7. Amazon eBook publishing
1. VTU business
VTU business is not a new business in Nigeria but it is one of the cheapest business to start in Nigeria with little capital.
This business involves you helping people who want to pay for data bundles, airtime recharge, cable subscription, electricity bill payment etc.
VTU which stands for virtual top up, that people sometimes refer to as recharge and get paid. you earn money through VTU when you help your costumers to pay for anything.
2. POS business
Another tranding business in Nigeria today is Point of sales business, which involves an agent helping costumers to perform financial transaction while he or she get a commission for each transaction.
This business is very easy to start and you can start this business with small capital which you will use to purchase the POS machine.
But most banks gives out free POS Machine for qualified agents, and Opay POS remain the best not only that it is totally free.
3. Computer business centre
Another hot business idea in Nigeria is starting a computer business centre, I mostly advice people that wish to start this business to look for places that is close to school or any open campus environment.
Because your target customers are mostly students and people in educational line, that will always like to come and type their assignment, handout and do photocopy also.
This business is very lucrative most esspecially if you are in a students environment, I also do recommend this business to any student looking for side hustle business to start in campus.
4. Poultry farming
This has been a fast moving business in Nigeria that has many ways to earn money from it, poultry farming business is very profitable and easy to start.
With little capital you can buy some poultry bird and start breeding until they grow and when they grow and lay eggs you can start selling the eggs too while you keep making your money through different means.
Along with this business you can also be selling, poultry feeds too.
5. Affiliate marketing
We are now in a digital world where people buy and sell online, Internet has become one of the most crowded zoon, proeple now prefer to purchase things online than offline.
For you to be able to tap into the opportunities you can start an affiliate marketing, by registering with some affiliate company like; clickbank get some products that you know that people will always like to buy and start promoting.
You can create a blog for this or start using your social media account to promote the products each time someone purchase any of the products you will get a commission.
6. Content writing
On Internet content remain the king, and people will always like to read quality content that will answer their question.
If you have passion for writing, you can start a freelance work on a platform like fiver or upwork you will see a lot of people including bloggers that will be contacting you to write for them, if they see your writing skill.
7. Amazon eBook publishing
Most people have written many books but they find it difficult to publish it either due to lack of money or any other reason.
With amazon kindle you can easily publish your eBook online and when anyone purchased it you will earn, very simple.
Conclusion
We have been able to list out some hot business ideas in Nigeria for anyone searching for profitable business to start in Nigeria with little or no capital. Do not just read execute these ideas by trying them out.
I wish you the best in your business journey.
