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Best Businesses You can start up with 100k in Nigeria

Career & Business Features News
  1. E-payments/POS Business (Agent Banking)

Do you know that some people just don’t like going to either an ATM or the bank? To them, it just feels like a big punishment and during this covid 19 period, going to the bank is really stressful. They prefer to walk into a nearby e-payment outlet for their banking transactions even though they are charged a transaction fee.

You can become a banking agent and own an e-payment outlet. To become an agent, go to any bank of your choice, and register to become one of the bank’s agents. After registration, you would be given a POS machine. While some banks give their POS for free, some charge a small fee for it.

2.  Barbing Saloon

It is a necessity for males and females to trim or get a hair cut regularly, the point is people always visit a barbing saloon to either have a hair cut or shave their beards. There are always customers for this, therefore you cannot go wrong with this business idea.

What You Need To Start Your Haircut Business

  • Store
  • Clippers
  • Combs
  • Sterilizers
  • Generator, etc.

3 Popcorn

Popcorn business is one of the very lucrative business you can start with little amount of money and make it big with proper planning and good marketing. One thing that make popcorn business attractive is because the materials involved in the production are not costly, anyone can afford them with little cash. The product sells fast too because people enjoy eating popcorn for many reasons. They like it due to the crispy taste in the mouth, the nutritional value, and it’s also good eating it with your partner when watching movies, children also love it. Again, the profit potential is quite good and if you can take it to the next level, you will be assured of making even much more sales and profit.

What You Need To Start Your Popcorn Business

  • Popcorn machine
  • Sealing machine
  • Branded Nylon
  • Bags of corn
  • Salt, sugar and Butter

  4. Tutorial Classes

No matter your age, this is another well-paying job, either as part-time or full-time. Many families are willing to spend what it takes for their children’s success and there’s one subject you’re well versed at. Just close the gap, meet their need for a fee, and it will be a win, win scenario.

 5. Dry-cleaning Services

A lot of people in Nigeria, especially professionals, require the services of a dry cleaner as they are too busy to add clean clothes to their list of worries. They outsource that part of their lives to a dry cleaner. The dry-cleaning industry is growing every day, and with 40 thousand Naira, you can buy a washing machine that washes, rinses and spins the clothes. Also, a pressing iron is not up to 10 thousand Naira. The fantastic part about this is the fact that you can start this business in your house.

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