150 business opportunities in Nigeria: The complete list with practical examples

Nigeria the most populous African nation, is a land riddled with viable business opportunities.. In this post I will be presenting 150 business opportunities which

150 Business Opportunities in Nigeria/Africa

These is the complete list for reference, you can quickly find anyone

Catering/Food

  1. Food-on-Demand
  2. Cake Baking
  3. Plantain chips
  4. Small chops
  5. Small Chops-on-demand
  6. Catering Services
  7. Restaurant

Recycling

  1. Batteries
  2. Scrap metal
  3. Plastic

Farming

  1. Livestock feed production
  2. Livestock Farming
  3. Poultry Farming
  4. Snail Farming
  5. Goat Farming
  6. Pig Farming
  7. Fish Farming
  8. Rice Farming
  9. Maize Farming
  10. Vegetable Farming
  11. Cassava Farming
  12. Palm tree
  13. Cocoa farming
  14. Pet Breeding
  15. Groundnut farming

Education

  1. Online tutoring
  2. Schools
  3. E-book Publishing
  4. Tutorial Centers
  5. Daycare
  6. Stationery
  7. Laboratory equipment
  8. Diagnostic centers

Service Business

  1. Food delivery
  2. Mobile phone repair
  3. Car wash
  4. Event rentals
  5. Car rentals
  6. Driving
    1. Uber
    2. Taxify
  7. Driving School
  8. Barber Shop
  9. Salon/Hair Stylist
  10. Makeover shop
  11. Last Mile Financial Services: POS agents
  12. Real Estate Agent

Hospitality and Tourism

  1. Tourism
  2. Hotel
  3. Bar and clubs
  4. Holiday resorts

Wholesale

  1. Super Markets
  2. Frozen Foods
  3. Spare Parts
  4. Mobile Phone Accessories
  5. Clothes/Boutique
  6. Electronics

Retailing

  1. Phone Accessories
  2. Fast moving consumer goods (FCMG)
  3. Building Materials
  4. Cement
  5. Electronics
  6. Furniture Sales.
  7. Gas, Kerosene etc
  8. Used Phones and Laptops
  9. Used Clothes

Freelancing

  1. Translation
  2. Copywriting
  3. Web Design
  4. Graphic Design

Blue Chip Services

  1. Delivery
  2. Logistics
  3. Laundry services
  4. Transportation
  5. Haulage
  6. Consulting
  7. Content Marketing
  8. Fleet management
  9. Car Repair
  10. Branding consultancy
  11. Top class Viewing centre
  12. Travel Agency
  13. Exporting
  14. Printing Agency
  15. Building Construction

Events

  1. General Event management
  2. Sound
  3. Lighting
  4. Event Decoration

Online Businesses

  1. Dropshipping
  2. Mini Importation
  3. Blogging
  4. Youtube
  5. Affiliate Marketing
  6. Email Marketing
  7. Digital Marketing
  8. Social Media Influencing
  9. Social Media Marketing
  10. E-commerce
  11. SEO consultancy

Trading and Cryptocurrency

  1. Currency trading
  2. CryptoCurrency Trading
  3. Binary Options Trading
  4. Stocks trading
  5. Peer-to-Peer Buying and selling of Bitcoins/any other coin

Mini-Production

  1. Ice block making
  2. Soap manufacturing
  3. Ice cream production
  4. Biscuit production
  5. Palm oil production
  6. Modern block industry
  7. Sachet and Bottled water Production
  8. Bakery
  9. Juice or drinks

Handcraft

  1. Tailoring
  2. Fashion Designing
  3. Crotchet making
  4. Tie and dye
  5. Shoe Making
  6. Painting
  7. Photography
  8. Cinematography
  9. Furniture making
  10. House Painting
  11. Aluminium fittings

Technology

  1. Domain Name brokerage
  2. Website Designing
  3. Graphic Design Services
  4. Programming
  5. Software and game development
  6. Solar and Inverter Company
  7. CAD Designing
  8. Data analyst
  9. Business analyst
  10. Simulations expert
  11. Mobile Phone Repair

Health

  1. Pharmacy
  2. Chemist/drug stores
  3. Clinics
  4. Medical consulting

Sports

  1. Sports clothing
  2. Clothing Services
  3. Gym and fitness center
  4. Fitness Coach
  5. Theme Parks
  6. Game center

Internet/Telecommunications

  1. Recharge Card Business
  2. Internet service provider
  3. Web Hosting
Business Opportunities in Nigeria

250 Business opportunities in Nigeria

Recommended: Businesses are living entities

Catering/Food

  1. Soup Delivery
  2. Food-on-Demand
  3. Cake Baking
  4. Plantain chips
  5. Small chops
  6. Small Chops-on-demand
  7. Catering Services

Recycling

  1. Batteries
    The common lead acid batteries is a mostly discarded item among car owners that has good recycle value with one unit going for as high as $10(N4000). This
  2. Metal scrap
    Metal is an element that almost never dies and most of them around us are increasingly more valuable as the new policies around environmental sustainability is encouraging most manufacturers t favour recycling over mining the raw materials.
  3. Plastic
    The world wants to eradicate plastic by 2030. This mission is featured in most of the development goals, MDG’s, SDG’S etc. This can be keyed into and turned into a viable business opportunity

Farming/Agriculture

I have decided to list out even the different opportunities in Farming because they represent wonderful stand alonne opportunities that should not be overlooked as farming in general-

  1. Livestock feed production
  2. Livestock Farming
  3. Poultry Farming
  4. Snail Farming
  5. Goat Farming
    Goat farming
  6. Pig Farming
  7. Fish Farming
  8. Rice Farming
    A whole new vista here
  9. Maize Farming
    With the ban on the importation of corn, the price of corn is fairly stable. Short 3 months quick cash- forgive me for referring to farming as quick cash
  10. Vegetable Farming
    This is probably the most lucrative of all types of farming by time duration, vegetable like tete, ewedu are due for harvesting within 21 days and have a lifecycle of about 2 months if harvesting every 5 days. If gotten right this represents a steady stream of very multipliable income.
  11. Cassava Farming
    For the first time in many years, 2020 is the year Garri(cassava flakes) nears $1 per congo(N400)
  12. Palm tree
    Sweet sweet palm tree
  13. Cocoa
  14. Pet Breeding
  15. Groundnut farming

Recommended: Businesses are living entities

Education

  1. Online tutoring
    Developing your own website or use platforms such as Udemy to create courses around topics you have gained mastery in and begin to sell to people
  2. Schools
  3. E-book Publishing
  4. Tutorial Centres
  5. Daycare
  6. Stationery
  7. Laboratory equipment
  8. Diagnostic centers

Service Business

  1. Food delivery
  2. Mobile phone repair
  3. Car wash
  4. Event rentals
  5. Car rentals
  6. Driving
    1. Uber
    2. Taxify
  7. Driving School
  8. Barber Shop
  9. Salon/Hair Stylist
  10. Makeover shop
  11. POS agents(Last-Mile Financial Services)
  12. Real Estate Agent
    This is an opportunity most people do not like to talk about because it probably represents their biggest source of income.

Hospitality

  1. Tourism
  2. Hotel
  3. Bar and clubs
  4. Holiday resorts

Wholesale

  1. Super Markets
    If you have the setup cost, this can prove to be a very viable business opportunity.
  2. Frozen Foods
    Frozen foods come into the country in bulk and not many people have the facility to
  3. Spare Parts
  4. Clothes/Boutique
  5. Electronics

Retailing

  1. Phone Accessories
  2. Fast-moving consumer goods (FCMG)
    This can be a very lucrative business if you have a very high turnover. FCMG includes Cleaning products such as Dettol, Toothpaste, Food – Noodles, Fruit Juice such as Ice tea, and many more.
    Example of
  3. Building Materials
  4. Cement
    Dangote cement is probably the best partner for this kind of business as their last-mile services are second to none, they might also provide you with equipment that can help give your business a boost
  5. Electronics
    Add a little spice to it, import your goods using the mini-importation avenues available- Aliexpress, etc This will significantly boost your profits.
  6. Furniture Sales
    You don’t need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sell in your showroom. It is a very big business in Nigeria as only a few can afford imported designers.
  7. Gas, Kerosene, etc
    Fast
  8. Used Phones and Laptops
  9. Used Clothes

Freelancing

Freelancing can be done on platforms such as Upwork and Fiverr

  1. Translation
  2. Copywriting
  3. Web Design
  4. Graphic Design

BlueChip Services

  1. Delivery
  2. Logistics
  3. Laundry services
    This is very easy to set up
  4. Transportation
  5. Haulage
    This is
  6. Consulting
    This will require a bit of self-development before you can launch, if you are not grounded, your customers will smell the bull shit you might never get their attention ever again
  7. Content Marketing
    This is
  8. Fleet management
    With the advent of Uber, Taxify, and a host of others, this has become a very lucrative business
  9. Car Repair
  10. Branding consultancy
  11. Graphic Design Services
    Graphic design is a skill almost anybody with an eye for detail can pick up easily
  12. Top class Viewing center
  13. Travel Agency
  14. Exporting
  15. Printing Agency
  16. Building Construction
    This might need a bit of technical expertise to set up, as you do not want to practice without

Events

  1. General Event management
    Wedding Planning, Birthdays
  2. Sound
  3. Lighting
  4. Event Decoration

Online Businesses

  1. Dropshipping
  2. Mini Importation
  3. Blogging
    Check out this post ideas on areas in which you can start blogging about, usually just about anything you do can be turned into a blog and begin to generate a decent income for you.
  4. Youtuber
    Youtube has proven itself to be one of the most lucrative social media sites around, with many people having made decent earnings off their youtube channels
  5. Affiliate Marketing
  6. Email Marketing
  7. Digital Marketing
  8. Social Media Influencing
    In Nigerian Twitter, the likes of Mr Oscar Romero has made considerable waves and are true testaments to the viability of social media influencing
    Vigil paid
  9. Social Media Marketing
    Social Media marketing has been separated from social media influencing as this need not be a one man show and can become a whole lot more lucrative compared to social media influencing. Handling media campaigns for company events, individuals.
  10. E-commerce
    Having your own online store is now a lot easier than
  11. SEO consultancy

Trading and Cryptocurrency

  1. Currency trading
  2. Cryptocurrency Trading
  3. Binary Options Trading
  4. Stocks trading
    This is more capital intensive than any other business
  5. Peer-to-Peer Buying and selling of Bitcoins/any other coin
    This is not the most sustainable way of dealing in cryptocurrency, but it has been working for many

Mini-Production

  1. Ice block making
  2. Soap manufacturing
    liquid and bar
  3. Ice cream production
  4. Biscuit production
  5. Palm oil production
  6. Modern block industry
    Block making is another
  7. Sachet and Bottled water Production
  8. Bakery
  9. Juice or drinks production
    This is not

Handcraft

This section is for those patient enough to learn different crafts

  1. Tailoring
  2. Fashion Designing
  3. Crotchet making
  4. Tie and dye
  5. Shoemaking
  6. Painting
  7. Photography
  8. Cinematography
  9. Furniture making
    Furniture making is a
  10. House Painting
  11. Aluminum fittings
    A Typical Aluminum fitting for a building project can easily run into millions.

we don reach 100 nah

you never see the one you like?, anyways lets continue

Technology

  1. Domain Name brokerage
  2. Website Designing
    Website designing is probable
  3. Software and game development
  4. Solar and Inverter company
  5. CAD Designing
    Softwares such as AutoCAD, Fusion 360
  6. Data analyst
  7. Business analyst
  8. Simulations expert
  9. Mobile Phone Repair

Health

  1. Pharmacy
  2. Chemist/drug stores
  3. Clinics
  4. Medical consulting

Sports

  1. Sports clothing
  2. Clothing Services
  3. Gym and fitness center
  4. Fitness Coach
  5. Theme Parks
  6. Game center

Internet/Telecommunications

  1. Recharge Card Business
  2. Internet service provider
  3. Web Hosting

Drop your email, i go send you the rest

I know i said 250 but e be like say we go continue later ni o

John Omokayode

Mechanical Engineering | Business Developer - I have a particular liking for the business side of everything. African businesses are capable of shaping the world economy!

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