20 PROFITABLE BUSINESS IDEAS TO START IN NIGERIA WITH LESS THAN ₦100,000 ( 2025 GUIDE)

 

Entrepreneurship and small business startup opportunities in Nigeria


Starting a business in Nigeria doesn’t always require millions of naira. With less than ₦100,000, you can build a profitable business that grows into something much bigger. The key is to start small, reduce costs, and reinvest your profits.

Here are 20 practical business ideas you can start in Nigeria today with little capital.


1. POS (Point of Sale) Business

Startup Cost: ₦70,000 – ₦100,000

Why: Banking issues make POS services in high demand.

Tip: Position your kiosk in busy areas like markets or bus stops.

Small shop in Nigeria selling mobile phone accessories as a business idea


2. Phone Accessories Business

Startup Cost: ₦50,000 – ₦80,000

Why: Smartphone users need chargers, earpieces, screen guards daily.

Tip: Buy in bulk from wholesalers in Computer Village, Lagos.


3. Foodstuff Reselling

Startup Cost: ₦30,000 – ₦70,000

Why: Food is always in demand. Buy from rural farmers and resell in cities.

Poultry farm in Nigeria with chickens as a profitable agricultural business


4. Poultry Farming (Small Scale)

Startup Cost: ₦50,000 – ₦100,000

Why: Eggs and chicken are everyday essentials.

Tip: Start with 20–50 birds before scaling.


5. Laundry & Dry Cleaning

Startup Cost: ₦30,000 – ₦70,000

Why: Busy workers outsource laundry.

Tip: Offer home delivery for extra income.


6. Perfume Oil Business

Startup Cost: ₦20,000 – ₦50,000

Why: Affordable luxury, popular with young people.

Tip: Package nicely and promote on Instagram/WhatsApp.



7. Blogging & Content Creation

Startup Cost: ₦20,000 – ₦50,000 (domain + hosting)

Why: Blogs earn through ads, affiliate marketing, and sponsorships.

Tip: Choose a niche like finance, fashion, or lifestyle.


8. Mini Importation Business

Startup Cost: ₦50,000 – ₦100,000

Why: Import cheap products from China and resell locally at a profit.

Tip: Use platforms like 1688.com or Alibaba.

Fish pond farming in Nigeria as an agribusiness idea for 2025


9. Small-Scale Fish Farming

Startup Cost: ₦50,000 – ₦90,000

Why: Catfish and tilapia sell quickly in Nigeria.

Tip: Start with plastic tanks before moving to ponds.


10. Event Decoration

Startup Cost: ₦40,000 – ₦80,000

Why: Nigerians love parties (weddings, birthdays, church events).

Tip: Start small, grow with referrals.


11. Recharge Card Printing

Startup Cost: ₦20,000 – ₦50,000

Why: Despite mobile apps, physical recharge cards still sell.

Barbing salon in Nigeria providing haircut services as a profitable business


12. Hair/Barbing Salon

Startup Cost: ₦50,000 – ₦100,000

Why: Hair care is an everyday business.

Tip: Start from home if rent is too high.


13. Freelancing

Startup Cost: ₦0 – ₦30,000 (laptop + internet)

Why: Platforms like Fiverr, Upwork, and Freelancer allow Nigerians to earn in dollars.


14. Baking & Snacks Business

Startup Cost: ₦30,000 – ₦80,000

Why: Cakes, meat pies, and chin-chin sell daily.


15. Printing & Photocopy Business

Startup Cost: ₦50,000 – ₦100,000

Why: Schools, students, and offices need constant printing services.


16. Shoe & Bag Making

Startup Cost: ₦40,000 – ₦80,000

Why: Locally made shoes/bags are trendy and profitable.

Nigerian photographer taking pictures as a small business idea in 2025


17. Photography

Startup Cost: ₦60,000 – ₦100,000 (basic camera or smartphone + editing apps)

Why: Events, social media, and businesses need quality pictures.


18. Snail Farming

Startup Cost: ₦20,000 – ₦60,000

Why: Snails have low running costs and high profits.


19. Soap & Detergent Production

Startup Cost: ₦20,000 – ₦50,000

Why: Soap is a necessity, and demand is consistent.

Young Nigerian woman teaching children as a private tutoring business opportunity


20. Tutorial Services / Home Lessons

Startup Cost: ₦0 – ₦30,000

Why: Parents pay for extra lessons for their kids.


✅ Final Thoughts

With creativity and determination, you can start a profitable business in Nigeria with less than ₦100,000. The secret is to start small, stay consistent, and reinvest your profits.


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