You are here because you want to launch your business, become wealthy, and support your family comfortably. You probably want to know what types of businesses you can start in Nigeria with a reasonable amount of money.

In this article, I’ll provide you with a list of some of the top successful businesses you can start with 100k-500k in Nigeria.

Businesses You Can Start With 500k or Less

1. Sell Cooking Gas
There is almost no house where you will not find cooking gas. There is almost no house where you will not find cooking gas. It has become a necessity for many people, which has increased its demand. All you need to get started are a gas tank, scale, hose pipe, and dispenser. Fill the tank with gas and launch your business.

2. Establish a Beauty Salon
Women love to look good, so they spend a lot of money for that purpose every week. You can open a beauty salon with 50-500k (depending on what you want) and make it a very profitable business.

3. Open a Barbershop
This will be easier for you if you already know how to give a nice haircut. If you don’t already know how, you can start by learning. Since people in Nigeria trim and treat their hair almost every day, barbershops are among the greatest business to start with 100k – 500k.

NOTE: Your location is important for a better outcome.

4. Sell Clothing Items
Selling clothes is a tremendously lucrative business. You can even start with as little as 100k. Buy good-quality clothes in bulk and resell them at a price that will earn you some profit.

5. Cooking Business
If you love to cook, this business is perfect for you. There is a variety of food businesses to choose from, including catering services, bakeries, restaurants, food kiosks (eateries), food trucks, and even an online meal delivery service. Make certain that the type you select does not exceed your budget.

6. Open a Boutique
Another successful venture you may launch in Nigeria with 500K is opening a boutique. You can open a store where you offer contemporary clothing like T-shirts, jeans, and shoes if you reside in a busy region like a school district.

Boutique goods sell quickly and bring in a good profit; for example, you could buy a shirt for N1500 and sell it for N4000 while still making an N3000 profit.

7. Car Wash Business
Some people don’t have the time to wash their cars themselves, so they’d rather go to a car wash. Get a space, a water supply system, and basic tools for cleaning cars, and you’re good to go.

8. Real Estate
Most Nigerian entrepreneurs get into real estate, which is slowly growing but is currently a booming business. All you have to do is buy a property share for 500k, rent it out for a good amount, and make your profit.

9. POS/E-Payment Business
It’s no longer news that doing POS business seems to be the oil of the moment. If you want to start such a business, you can open your POS agency with 500k. Simply apply for maybe two POS devices and choose a suitable and profitable location to begin offering your services.

10. Mini Supermarket
You can start selling things like drinks, lotions, scents, bread, etc., with 200k. All you need is a good store, and you should fill it with goods and start selling them. Buy your goods from a wholesaler to save money.

11. Start a Jewellery Business
The Jewellery business is one of the best, easiest, and most lucrative businesses anyone can start with 100k or more. There’s no need to rent a shop. You can start selling from your house. Just make sure you buy good wristwatches, necklaces, bangles, and so on so that your customers will get value for their money.

12. Sell Phones
Whether the phones are new or fairly used, selling phones is a good business that anyone can start with just 500k. Buy some good, popular, or small torchlight phones at a discounted price and sell them to make a profit.

Note: You need to have good knowledge about phones to start this business and avoid being cheated.

13. Block-Making Business
Opening a block business in a developing neighbourhood is very profitable, given the rate at which houses are being built for rental and personal use. To get started, you will first need to understand how it works before getting a location (site), gathering all the supplies required, and hiring labourers.

14. Rental Service
With 500k, you can purchase tents, seats, tables, pots, coolers, and other event-related items and begin your business. After acquiring what you need, advertise your business to people so they can patronise you whenever they’re hosting an event.

15. Sales of Phone Accessories
Phone accessories like batteries, chargers, cases, earpieces, etc., sell out quickly, especially in large stores. This is a good business to start this business with 100k capital. Get a shop, stock it with smartphones and other mobile accessories like headphones, power banks, selfie sticks, etc., and start selling.

Read the remaining 36 business you can start today on my blog.
Click the link below to read and start today!
https://kuratorguide.com/high-income-businesses-to-start-with-500k-in-nigeria/
https://kuratorguide.com/high-income-businesses-to-start-with-500k-in-nigeria/

Nice post.

20 Great Businesses to start with N100k As a Student in Nigeria

https://incomeislife.com/great-businesses-to-start-with-100k-as-a-student-in-nigeria/


Being a student you’ll face obstacles and hiccups along the way, it’s certain to happen, you just need to look for a way that you can balance things, being able to balance your studies with your business will determine the success you’ll experience.

As a student who enjoys writing, I've been facing challenges with it. Right now, I made a mistake by uploading the wrong file to Amazon KDP, and I need to take it down before they suspend my account. Unfortunately, I don't have enough data to fix this issue. I'm reaching out to Nairalanders for help with just 100 naira for data, which would really make a difference for me.

OPAY
8066159837

That account is empty nothing is there, I really need help desperately