There are several businesses you can start in Nigeria with a startup capital of less than 100,000 Naira. Here are some ideas:
Small-Scale Farming: Start a small-scale farming business, focusing on crops like vegetables, tomatoes, or peppers. You can utilize available land or explore container gardening techniques to maximize space.
Freelance Services: Offer freelance services such as graphic design, content writing, web development, or social media management. All you need is a computer, internet access, and your skills.
Event Planning: Start an event planning business, where you help clients organize and manage events like birthdays, weddings, or corporate functions. You can begin by offering basic services and gradually expand as you gain experience.
Fashion Accessories: Create and sell fashion accessories such as jewelry, handbags, or customized T-shirts. You can source materials at affordable prices and sell through online platforms or local markets.
Snack Vending: Start a snack vending business by offering popular snacks like popcorn, chin-chin, or plantain chips. You can set up a small kiosk or mobile cart in high-traffic areas.
Cleaning Services: Begin a cleaning service where you offer cleaning and organizing services for homes or offices. You will need basic cleaning equipment and supplies.
Personal Training: If you have expertise in fitness and wellness, you can offer personal training services. Conduct fitness sessions at clients’ homes or local parks.
Mobile Phone Repairs: Learn mobile phone repair skills and start a repair service. With the increasing demand for smartphone repairs, this can be a profitable venture.
Home Baking: Start a home baking business, offering cakes, pastries, or bread. You can begin by taking orders from friends and family and gradually expand your customer base.
Tutoring Services: Offer tutoring services in subjects you excel in, such as mathematics, English, or science. You can provide one-on-one or group tutoring sessions either in-person or online.
Remember to conduct market research, create a business plan, and consider factors such as target market, competition, and marketing strategies before starting any business. Adapt the ideas to suit your skills, interests, and local market conditions.