Starting a business with little capital is possible and a smart way to enter the entrepreneurial world. If you’re wondering about starting small businesses in Nigeria with little capital, you’re in the right place. With the right mindset, skill set, and solid strategy, you can launch a successful business without breaking the bank. This guide will walk you through 30 profitable and feasible small businesses you can start in Nigeria with minimal investment.
In this post, weโll be looking at the specific requirements for each business idea, helping you understand how to get started and grow your venture. Letโs explore these opportunities and turn your entrepreneurial dreams into reality!
1. Mobile Phone Repairs

Why Start It?
With the widespread use of smartphones in Nigeria, mobile phone repairs are in high demand. If you have technical skills, this is a low-investment business with the potential for steady and profitable earnings. As more people rely on their devices for everyday tasks, offering repair services can quickly build a loyal customer base and lead to consistent growth.
How to Start:
- Learn phone repairs: Take online courses, watch tutorial videos, or apprentice with an experienced technician to develop the necessary skills for phone repairs.
- Invest in repair tools: Purchase essential tools like screwdrivers, replacement screens, opening picks, adhesives, and other specialized equipment required for various repairs.
- Set up your workspace: Choose a convenient location with high foot traffic, such as a shop or kiosk, or consider offering mobile services where you visit customers at their homes or offices.
- Build a network: Connect with local businesses, online communities, and potential customers to spread the word about your services and build a reliable client base.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Phone Repair Kit | 45,000 โ 150,000 | Basic tools for phone repairs (screwdrivers, screen kits). |
Training/Certification | 50,000 โ 100,000 | Learn through local courses or online tutorials. |
Location Rent | 30,000 โ 60,000/month | Rent space in a high-traffic area or offer home services. |
Potential Earnings | 2,000 โ 10,000 per repair | Depending on the complexity of repairs (screen replacement, software fixes). |
Marketing | 5,000 โ 10,000 | Social media ads, flyers, business cards, or word-of-mouth. |
2. Laundry and Dry-Cleaning Services

Why Start It?
With many busy Nigerians, especially professionals, and families, seeking convenience, laundry and dry-cleaning services are in high demand. This type of business can be started with just a few basic pieces of equipment and even run from home. It offers a steady income potential, and with the right marketing, it can quickly become a trusted service in your community.
How to Start:
- Buy washing and ironing equipment: Invest in a reliable washing machine, dryer, and ironing tools to ensure efficient and high-quality service.
- Find a customer base: Offer delivery or pick-up services to attract busy customers looking for added convenience.
- Set up a workspace: Create a dedicated space in your home or rent a small commercial space for washing and ironing.
- Market your services: Use social media, flyers, and word of mouth to promote your laundry and dry-cleaning services to potential customers in your area.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Washing Machine | 70,000 โ 250,000 | Basic washing machines or commercial ones for bigger loads. |
Ironing Equipment | 10,000 โ 30,000 | Iron and board, steamer for quicker services. |
Cleaning Supplies | 5,000 โ 15,000 | Detergents, fabric softeners, disinfectants, etc. |
Marketing | 5,000 โ 15,000 | Social media ads, local flyers, and posters in busy areas. |
Potential Earnings | 5,000 โ 15,000 per load | Based on the number of clients you can serve. |
3. Social Media Management

Why Start It?
As businesses continue to shift to online platforms, social media management has become more crucial than ever. If you have digital marketing skills, this is an excellent business to start with minimal capital. With the constant need for businesses to maintain a strong online presence, social media management offers a scalable and flexible opportunity with high growth potential.
How to Start:
- Learn social media marketing: Take online courses or attend workshops on social media marketing and digital strategies to develop your expertise.
- Create a portfolio: Offer services for free or at discounted rates initially to build a portfolio that showcases your skills and results.
- Find clients: Use freelance platforms like Fiverr, Upwork, or social media to promote your services and attract potential clients.
- Stay updated: Keep up with the latest trends and tools in social media to provide the best strategies and solutions for your clients.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Laptop/Smartphone | 100,000 โ 200,000 | A basic laptop or smartphone for handling social media tasks. |
Social Media Tools | 5,000 โ 15,000/month | Tools like Hootsuite, Data, or Canva for scheduling and designing posts. |
Marketing | 5,000 โ 10,000 | Promote services on Instagram, LinkedIn, or Facebook. |
Potential Earnings | 50,000 โ 350,000/month | Depending on the number of clients and packages offered. |
4. Freelance Writing/Copywriting

Why Start It?
Content is king, and every business needs it to thrive. If you have strong writing skills, starting a freelance writing or copywriting business is a great opportunity that requires no capital to launch. With the demand for high-quality content constantly growing, you can tap into a wide range of industries and build a profitable business from the comfort of your own home.
How to Start:
- Develop writing skills: Improve your writing by creating content for blogs, websites, and online platforms to refine your craft.
- Build a portfolio: Assemble a portfolio with sample works to showcase your writing style and capabilities. Sign up on freelance platforms like Fiverr, Upwork, or Freelancer to gain visibility.
- Pitch to businesses: Reach out to small businesses or startups that need blog posts, website content, or marketing materials, offering your writing services.
- Network and promote: Use social media, blogs, and online communities to network and promote your services to potential clients.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Laptop/Smartphone | 100,000 โ 200,000 | A laptop or smartphone to work on writing assignments. |
Internet Connection | 3,000 โ 10,000/month | Stable internet connection for research and communication. |
Portfolio Website | 50,000 โ 100,000 | Optional website to showcase your writing portfolio. |
Marketing | 5,000 โ 10,000 | Platforms like LinkedIn, Upwork, and Fiverr to pitch to clients. |
Potential Earnings | 20,000 โ 200,000/month | Based on writing rates per project or retainer. |
5. Baking or Cake Decorating

Why Start It?
Cake decorating and baking are always in high demand for events like birthdays, weddings, and corporate functions in Nigeria. If you have a passion for baking, this is a profitable business you can start from home with minimal capital. With creativity and skill, you can cater to a wide range of events, making it a lucrative and flexible venture.
How to Start:
- Learn the craft: Take online courses or learn from experienced bakers to improve your baking and cake decorating skills.
- Buy basic baking tools: Invest in essential baking equipment such as mixers, cake pans, icing tools, and quality ingredients.
- Create a portfolio: Start by baking cakes for birthdays, celebrations, or small events to build a collection of photos showcasing your work.
- Offer your services: Promote your cakes through social media, word of mouth, and local events to attract customers for custom orders.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Baking Equipment | 20,000 โ 100,000 | Baking trays, mini oven, mixing bowls, measuring spoons, etc. |
Ingredients | 5,000 โ 15,000 | Flour, sugar, eggs, and other baking ingredients. |
Packaging | 1,000 โ 5,000 | Cake boxes and wrapping for presentation. |
Marketing | 5,000 โ 10,000 | Social media ads, local flyers, and word-of-mouth. |
Potential Earnings | 10,000 โ 2000,000 per order | Depending on the size and complexity of the cake or order. |
6. Event Planning

Why Start It?
Nigerians have a deep love for celebrations, creating a thriving market for event planning services. You donโt need a large capital investment to beginโjust creativity, strong organizational skills, and a well-connected network can set you on the path to success. The demand for unforgettable events continues to grow, making it a rewarding and scalable business opportunity.
How to Start:
- Learn event planning: Gain experience by helping friends and family plan events to develop your organizational and coordination skills.
- Develop relationships with vendors: Build strong connections with florists, decorators, caterers, and other event suppliers to ensure you have reliable partners for your events.
- Create a portfolio: Document your work and showcase your event planning skills through photos and testimonials to attract future clients.
- Market your services: Promote your event planning business through social media, local ads, and word of mouth to reach potential clients.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Event Planning Software | 5,000 โ 15,000 | Tools like Trello or Google Docs to manage events. |
Vendor Network | 5,000 โ 15,000 | Build connections with suppliers like florists, caterers, and photographers. |
Marketing | 5,000 โ 10,000 | Social media ads, networking, and word-of-mouth. |
Potential Earnings | 50,000 โ 500,000 per event | Depending on event size, packages, and number of clients. |
7. Graphic Design

Why Start It?
As businesses in Nigeria increasingly move toward digital marketing, the demand for graphic design continues to rise. This business offers great scalability and can be managed remotely, making it a flexible and profitable opportunity. Additionally, the growing need for visual content across various platforms ensures a steady stream of potential clients.
How to Start:
- Learn design software: Master design tools like Adobe Photoshop, Illustrator, and Canva to develop your skills and create high-quality designs.
- Build a portfolio: Create sample designs, such as logos, brochures, and social media graphics, to showcase your work and attract potential clients.
- Market your services: Offer your design services on freelance platforms like Fiverr or Upwork, and promote your work on social media to reach a wider audience.
- Network and collaborate: Connect with businesses and other creatives to expand your reach and grow your client base.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Laptop/PC | 100,000 โ 250,000 | A laptop with graphic design software. |
Design Software | 5,000 โ 50,000 | Adobe Creative Suite or free tools like Canva for beginners. |
Marketing | 5,000 โ 10,000 | Social media, website portfolio, and freelance platforms. |
Potential Earnings | 5,000 โ 100,000 per project | Based on complexity of design (logos, brochures, etc.). |
8. Online Tutoring

Why Start It?
Education is highly valued in Nigeria, and many parents are eager to invest in extra lessons for their children. Online tutoring offers flexibility, allowing you to teach from anywhere while catering to a growing demand for academic support. With minimal overhead costs, this business offers a great opportunity to earn while making a positive impact on students’ education.
How to Start:
- Identify your strengths: Choose subjects youโre knowledgeable in, such as math, English, or science, to focus on your tutoring services.
- Sign up on tutoring platforms: Register on popular tutoring websites like Preply, Tutor.com, or Wyzant to connect with students in need of help.
- Advertise your services: Promote your tutoring services on social media, local community groups, or tutoring platforms to attract potential students.
- Create engaging content: Share helpful tips, study guides, or videos to showcase your expertise and attract more clients.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Laptop/Smartphone | 100,000 โ 200,000 | A laptop or smartphone to conduct online sessions. |
Internet Connection | 3,000 โ 10,000/month | Stable internet connection for video lessons. |
Tutoring Platforms | 0 โ 5,000 | Registration on online tutoring platforms (some are free). |
Marketing | 5,000 โ 10,000 | Promote your services through social media ads. |
Potential Earnings | 10,000 โ 50,000/month | Based on frequency and number of students. |
9. Car Wash Services

Why Start It?
As car ownership continues to rise, the demand for car wash services is growing. This business requires a minimal investment in cleaning equipment and supplies, making it an affordable option to start. With the convenience and quality service you provide, you can attract a steady stream of customers and build a profitable venture.
How to Start:
- Invest in basic car washing tools: Purchase essential equipment such as a pressure washer, vacuum, cleaning detergents, and microfiber towels to provide a quality service.
- Find a location: Choose a high-traffic area for a physical car wash, or offer mobile services where you visit clients at their homes or offices for added convenience.
- Advertise your services: Promote your car wash services through social media, local ads, and word of mouth. Consider offering discounts or special deals to first-time clients to build your customer base.
- Build customer loyalty: Offer packages or subscription plans to encourage repeat business and attract regular customers.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Pressure Washer | 50,000 โ150000 | A basic pressure washer for cleaning cars. |
Cleaning Products | 5,000 โ 10,000 | Detergents, wax, microfiber cloths, and brushes. |
Transportation | 10,000 โ 25,000 | For a mobile car wash service, transportation is necessary. |
Marketing | 5,000 โ 10,000 | Social media ads, local flyers, and word-of-mouth. |
Potential Earnings | 5,000 โ 10,000 per car | Based on the services provided (waxing, detailing, etc.). |
10. Dropshipping Business

Why Start It?
Dropshipping is one of the easiest online businesses to start with minimal upfront investment. Since you donโt need to manage inventory, the supplier handles shipping directly to your customers. This business model is ideal for those looking to venture into e-commerce with low risk and flexibility. Additionally, it allows you to scale your business quickly without the complexities of logistics and storage.
How to Start:
- Choose a niche: Select a specific product category to focus on, such as fashion, gadgets, or beauty, to target a defined audience.
- Find reliable suppliers: Use platforms like Amazon, AliExpress, and Oberlo, or work with local suppliers to source high-quality products and ensure reliable shipping.
- Build your online store: Create your e-commerce store using platforms like Shopify, WooCommerce, or Wix, making it user-friendly and optimized for sales.
- Market your store: Promote your products through social media, paid ads, and influencer collaborations to drive traffic and increase sales.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Website/Online Store | 150,000 โ 300,000 | Costs to set up your online store using WordPress/ WooCommerce. |
Supplier Fees | 0 โ 10,000 | Some suppliers may require a small fee or subscription. |
Advertising | 10,000 โ 50,000 | Facebook ads, Instagram ads, Google Ads for marketing. |
Marketing | 5,000 โ 10,000 | Social media, email marketing, influencer collaborations. |
Potential Earnings | 30,000 โ 500,000/month | Earnings vary depending on sales volume, products, and profit margin. |
11. Blogging

Why Start It?
Blogging offers significant long-term income potential if you’re consistent in creating valuable content. Once your blog gains traction, you can monetize it through ads, affiliate marketing, and selling digital products. With dedication and creativity, blogging can evolve into a profitable business that allows for both flexibility and passive income over time.
How to Start:
- Choose a niche: Select a topic you are passionate about, such as finance, travel, food, or lifestyle, to create engaging content that resonates with your audience.
- Create a blog: Use platforms like WordPress or Blogger to easily set up your blog and customize it to reflect your personal style and brand.
- Create valuable content: Consistently publish high-quality articles that provide value to your readers and encourage repeat visits.
- Monetize your blog: Apply for Google AdSense, join affiliate programs, or create and sell digital products like eBooks, courses, or printables to generate income.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Website Hosting | 25,000 โ 120,000/year | Purchase hosting from services like Bluehost or Namecheap. |
Domain Name | 4,000 โ 20,000/year | Register your blog’s domain name (e.g., Namecheap, Hostinger). |
Blogging Tools | 50,000 โ 200,000 | Plugins, themes, and design tools for a professional blog. |
Marketing | 5,000 โ 20,000 | Social media ads, SEO services, and email marketing. |
Potential Earnings | 50,000 โ 500,000/month | Earnings through ads, affiliate commissions, or selling products. |
12. Home-based Catering

Why Start It?
If you have a passion for cooking, home-based catering can be a highly profitable business. Many people prefer home-cooked meals for events, parties, and individual orders. This business allows you to operate from home with low overhead costs while offering the flexibility to scale up as demand grows. With the right marketing and delicious offerings, you can quickly build a loyal customer base.
How to Start:
- Develop your menu: Create a variety of dishes for different events, such as parties, weddings, or small gatherings, and focus on creating a unique menu that stands out.
- Get the necessary equipment: Invest in essential cooking equipment, food containers, and packaging materials to ensure your dishes are served fresh and professionally.
- Set up a kitchen: Ensure your home kitchen meets health and safety standards and is fully equipped to handle catering orders.
- Promote your services: Use word-of-mouth marketing, social media, and flyers to spread the word about your catering services and attract clients from your local area.
- Offer delivery services: Provide delivery or pick-up options for added convenience, making it easier for clients to access your services.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Cooking Equipment | 100,000 โ 500,000 | Invest in cooking appliances, pots, pans, etc. |
Food Ingredients | 10,000 โ 50,000 | Ingredients for meal preparation, depending on orders. |
Packaging | 3,000 โ 10,000 | Food containers, takeaway boxes, and packaging. |
Marketing | 5,000 โ 10,000 | Social media promotion, flyers, and word-of-mouth marketing. |
Potential Earnings | 50,000 โ 500,000 per event | Based on event size and type of food provided. |
13. Affiliate Marketing

Why Start It?
Affiliate marketing allows you to earn commissions by promoting other companies’ products without creating your own or handling customer service. You can generate income with minimal investment and overhead costs by sharing affiliate links. This makes it a great business opportunity for those looking for flexibility and scalability while tapping into a wide range of products and niches.
How to Start:
- Pick a niche: Select a product category youโre passionate about, such as tech, fashion, or health, to target a specific audience and create relevant content.
- Join affiliate programs: Sign up for popular affiliate programs like Amazon Associates, Jumia Affiliates, or other local Nigerian brands to start promoting products and earning commissions.
- Create valuable content: Use blogs, social media platforms, YouTube, or email marketing to share reviews, tutorials, and recommendations that promote affiliate products to your audience.
- Build an audience: Consistently engage with your audience, providing helpful and informative content to build trust and increase your affiliate sales.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Website/Blog | 100,000 โ 300,000 | Start a blog or website to host your affiliate links. |
Social Media Presence | 0 โ 5,000 | Build an audience on platforms like Instagram or YouTube. |
Marketing Tools | 5,000 โ 15,000 | Use tools for email marketing or creating promotional content. |
Affiliate Program Fees | 0 โ 5,000 | Some affiliate networks may have minor registration fees. |
Potential Earnings | 20,000 โ 500,000/month | Commissions depend on the products and sales you generate. |
14. Photography Services

Why Start It?
Photography is a versatile and in-demand business. With the rise of social media and the increasing demand for high-quality visuals, photographers are needed for weddings, corporate events, family portraits, and more. Whether you’re capturing special moments or creating content for brands, photography offers a wide range of opportunities, allowing you to turn your passion into a profitable business.
How to Start:
- Invest in a camera: Purchase a high-quality DSLR or mirrorless camera that suits your photography style and needs.
- Learn photography: Take online courses, watch tutorials, or practice regularly to refine your photography skills and understand lighting, composition, and editing.
- Build a portfolio: Offer discounted or free sessions to friends, family, or local businesses to create a portfolio that showcases your work and collects testimonials.
- Market your services: Promote your photography services through social media, website, and local ads to attract potential clients and grow your business.
- Network and collaborate: Partner with other businesses or event planners to expand your reach and gain more booking opportunities.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Camera | 250,000 โ 800,000 | A DSLR or mirrorless camera for high-quality photos. |
Editing Software | 5,000 โ 70,000 | Adobe Lightroom or Photoshop for photo editing. |
Marketing | 5,000 โ 10,000 | Social media ads, photography website, and flyers. |
Portfolio Website | 150,000 โ 400,000 | Create a professional website to showcase your work. |
Potential Earnings | 100,000 โ 300,000 per event | Depending on the type of photography service (weddings, corporate events, portraits). |
15. Fish Farming

Why Start It?
Fish farming is an increasingly popular and profitable business, especially as demand for fish continues to rise due to its nutritional benefits. With a growing population and an increasing appetite for affordable, fresh fish, this business offers opportunities for local and international sales. Fish farming can be operated on a small or large scale, making it a flexible business that can be run from home or on a dedicated plot of land.
How to Start:
- Learn about fish farming: Take courses on platforms like Udemy or visit local agricultural extension services to learn about the best fish species to farm, water management, and feeding techniques.
- Set up the farm: Choose a location with access to clean water, and invest in ponds, tanks, or cages depending on the scale of your farm.
- Stock your farm: Choose fish species like tilapia, catfish, or trout that are well-suited to your environment.
- Manage the farm: Ensure proper feeding, water quality, and health monitoring to achieve optimal growth.
- Market your fish: Sell to local markets, and restaurants, or export to other areas. Building strong relationships with buyers will help ensure consistent demand.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Land/Pond Setup | 100,000 โ 500,000 | The initial cost for establishing ponds or tanks depends on the size. |
Fish Fingerlings | 150,000 โ 750,000 | Cost of purchasing young fish (fingerlings) to stock your farm. |
Feed & Supplies | 50,000 โ 200,000 | Cost for fish feed, water treatment, and other maintenance materials. |
Equipment | 150,000 โ 500,000 | Includes pumps, nets, aeration systems, etc. |
Marketing | 5,000 โ 20,000 | Cost for advertising and reaching potential buyers. |
Potential Earnings:
Earnings vary depending on the size of your farm and the species you’re farming, but it can range from 350,000 NGN to 1,000,000 NGN per harvest, depending on the number of fish raised and market prices.
16. T-shirt Printing

Why Start It?
Custom T-shirt printing has become a booming industry due to its widespread appeal in fashion, events, and personal expression. It offers a creative way to showcase unique designs for various purposes, such as promoting businesses, representing schools, celebrating weddings, or creating personalized gifts. With the growing demand for customized apparel, this business provides endless opportunities for creativity and income. Whether for casual wear or special occasions, custom T-shirts are always in demand.
How to Start:
- Purchase Printing Equipment: Invest in heat presses or vinyl cutting machines, which are essential for printing high-quality designs on T-shirts. Choose equipment based on your budget and production needs.
- Design Your T-Shirts: Use graphic design software like Adobe Illustrator or Canva to create unique and eye-catching designs. You can also hire a designer if needed to enhance your creative offerings.
- Market Your Services: Promote your business both online and locally. Utilize social media platforms, online marketplaces, and local event promotions to attract customers. Consider offering discounts or limited-edition designs for events or special occasions to build awareness.
- Build Relationships: Connect with local businesses, schools, and organizations to offer bulk printing services. Networking can lead to consistent orders and long-term clients, expanding your business potential.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
T-shirt Printing Equipment | 100,000 โ 500,000 | Heat press machine or vinyl cutter for printing. |
T-shirts | 5,000 โ 25,000 per set | Purchase blank T-shirts in bulk for printing. |
Design Software | 5,000 โ 10,000 | Adobe Illustrator or CorelDRAW for designing prints. |
Marketing | 5,000 โ 10,000 | Social media ads, flyers, and influencer partnerships. |
Potential Earnings | 2,000 โ 10,000 per shirt | Based on design complexity and volume. |
17. Fitness Trainer

Why Start It?
The fitness industry is rapidly expanding as more people prioritize their health and wellness. Whether you focus on personal training, group sessions, or niche areas like yoga or weight loss, there is a strong and growing demand for qualified fitness trainers. This is a great opportunity to tap into a thriving market where people are increasingly invested in improving their fitness and well-being.
How to Start:
- Get Certified: Obtain a recognized fitness certification to enhance your credibility and skills.
- Create a Training Program: Develop customized fitness programs based on clientsโ goals, such as weight loss or strength training.
- Offer Flexible Sessions: Provide training both in-person at gyms or homes and online through platforms like Zoom, catering to different client needs.
- Build Your Brand: Promote your services through social media and word of mouth to attract clients and grow your fitness business.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Fitness Certification | 30,000 โ 100,000 | Get certified through recognized programs in Nigeria. |
Fitness Equipment | 5,000 โ 50,000 | Dumbbells, yoga mats, resistance bands, etc. |
Marketing | 5,000 โ 10,000 | Social media ads, flyers, or word-of-mouth to attract clients. |
Online Platforms | 0 โ 10,000 | Use Zoom, Google Meet, or other tools to offer virtual sessions. |
Potential Earnings | 20,000 โ 300,000/month | Earnings depend on the number of clients and session rates. |
18. Bead Making Business

Why Start It?
Bead making is a highly creative and profitable craft, with a growing demand for unique, handmade jewelry and accessories. People appreciate custom-made pieces for special occasions or everyday wear, and this market is thriving, especially on online platforms. If you’re passionate about design and craftsmanship, this business offers a chance to turn your creativity into income.
How to Start:
- Create Your Products: Focus on designing unique bead pieces, such as necklaces, earrings, bracelets, or even home dรฉcor.
- Set Up an Online Store: Utilize platforms like Instagram, Etsy, or Jumia to sell your handmade bead creations to a wide audience.
- Market Your Products: Share your design process, product features, and styling tips through social media to engage potential customers and build a loyal following.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Bead Materials | 5,000 โ 20,000 | Various beads, wires, threads, clasps, and other materials for jewelry making. |
Craft Tools | 5,000 โ 30,000 | Tools like jewelry pliers, scissors, and wire cutters. |
Online Store Setup | 0 โ 10,000 | Create an Instagram page or set up a shop on platforms like Etsy or Jumia. |
Marketing | 5,000 โ 10,000 | Social media ads, collaborations with influencers, and promotion through online communities. |
Potential Earnings | 10,000 โ 500,000/month | Earnings vary depending on product volume, pricing, and market demand.
19. Shoe Cobbler Business

Why Start It?
Shoe cobbling is a skilled trade that offers a steady income, as many people rely on repair services to extend the life of their shoes. With the growing demand for shoe repairs, polishing, and customizations, you can start a low-cost shoe cobbler business with minimal equipment. This business can be very profitable, especially in areas with high foot traffic or near shopping centers.
How to Start:
- Understand the Craft: Learn the necessary skills, such as shoe stitching, polishing, sole replacement, and leather care, to provide high-quality repairs.
- Get the Right Tools: Invest in basic cobbler tools such as stitching needles, leather adhesives, sole repair kits, and shoe polish.
- Promote Your Services: Advertise your services locally through flyers, social media, and word of mouth. A physical shop or a mobile shoe repair service can also attract customers.
- Network with Shoe Retailers: Build relationships with shoe stores and other local businesses to offer repair services or collaborate on promotions.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Tools & Equipment | 30,000 โ 100,000 | Basic cobbler tools like stitching needles, polish, and shoe adhesives. |
Advertising | 5,000 โ 15,000 | Flyers, social media ads, and local media marketing. |
Workshop Setup | 10,000 โ 30,000 | Renting a small space or setting up a mobile repair service. |
Networking | 5,000 โ 10,000 | Collaborating with local shoe stores, retailers, or attending trade shows. |
Potential Earnings | 50,000 โ 250,000/month | Earnings depend on the number of repairs, types of services, and customer demand.
20. POS Business

Why Start It?
A POS (Point of Sale) business is a growing service that offers financial solutions to individuals and small businesses, especially in areas with limited access to bank branches. By providing services like cash withdrawals, bill payments, and mobile top-ups, you can earn commissions on every transaction. This business requires a low initial investment and is in high demand, making it a great opportunity for steady income.
How to Start:
- Get a POS Machine: Partner with a bank or financial institution like Opay, Palmpay, or MoneyPoint to obtain a POS machine. Ensure you understand the transaction fees and commission structures.
- Find a Location: Choose a high-traffic area, such as a shopping center, market, or bus stop, where people frequently need cash or bill payment services.
- Promote Your Services: Advertise your POS services locally through flyers, social media, and word of mouth to attract customers.
- Provide Excellent Service: Offer quick and reliable transactions to build trust and attract repeat customers.
esource | Cost Estimate (NGN) | Details |
---|---|---|
POS Machine Setup | 20,000 โ 50,000 | Partner with a bank or financial institution for a POS machine. |
Advertising | 5,000 โ 10,000 | Flyers, social media posts, and word-of-mouth promotion. |
Location Setup | 10,000 โ 30,000 | Rent a small kiosk or space in a high-traffic area for your POS service. |
Marketing | 5,000 โ 10,000 | Use local advertising or promotions to attract customers. |
Potential Earnings | 30,000 โ 300,000/month | Earnings depend on the number of transactions, services offered, and location.
21. Beauty Salon or Barber Shop (Mobile)

Why Start It?
Mobile beauty and barbershop services are in high demand, particularly in urban areas where convenience is a priority. People increasingly prefer having their grooming services at home or in the office, rather than visiting a salon. You can operate this business from a physical shop or even run it as a mobile service, offering flexibility and expanding your customer base.
How to Start:
- Obtain Necessary Certifications: Depending on your location, ensure you have the required beauty or barber certifications to provide professional services.
- Purchase Equipment: Invest in portable beauty tools such as clippers, hair dryers, styling products, and other grooming essentials for mobile services.
- Advertise: Use social media platforms and local marketing strategies to attract clients who prefer the convenience of in-home or office grooming services.
- Set Flexible Hours: Offer services during convenient hours to accommodate clientsโ busy schedules, making your business more appealing.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Beauty/Barber Equipment | 10,000 โ 50,000 | Clippers, razors, hairdryers, and styling products. |
Transportation | 1,000 โ 5,000 | Cost of getting to clients’ locations (fuel, travel expenses). |
Marketing | 5,000 โ 10,000 | Social media ads, flyers, and word-of-mouth marketing. |
Potential Earnings | 10,000 โ 100,000/month | Earnings depend on the number of clients and service types. |
22. Tech Support Services

Why Start It?
As technology continues to grow, both businesses and individuals increasingly rely on IT support for everyday operations. If you’re tech-savvy, you can offer valuable services like setting up systems, troubleshooting issues, and providing basic tech support. This is a great opportunity to tap into a market with constant demand for skilled IT assistance.
How to Start:
- Develop Skills: If you’re new to tech, take courses on IT support, computer troubleshooting, and other relevant areas to build your expertise.
- Build a Website: Create a professional website to showcase your skills, services, and contact details, making it easier for potential clients to find you.
- Offer Remote Support: Provide IT services remotely via phone, email, or online platforms, catering to both individuals and businesses that need tech assistance.
- Network Locally: Connect with local businesses or individuals to offer personalized, on-site IT support where needed.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Laptop/PC | 50,000 โ 100,000 | A reliable computer to run troubleshooting and support tasks. |
Tech Support Tools | 5,000 โ 20,000 | Software for remote troubleshooting (e.g., TeamViewer, AnyDesk). |
Website/Portfolio | 10,000 โ 20,000 | Build a website to showcase your services and expertise. |
Marketing | 5,000 โ 10,000 | Social media ads, local ads, and networking to get clients. |
Potential Earnings | 20,000 โ 200,000/month | Earnings vary based on the complexity of the services offered. |
23. Home Cleaning Services

Why Start It?
Home cleaning is an essential service that is in high demand, especially for busy professionals and families in Nigeria. You donโt need a physical office or expensive equipment to startโjust basic cleaning supplies and effective marketing to attract clients. With the growing demand for convenience, this business offers a great opportunity for steady income.
How to Start:
- Purchase Basic Cleaning Tools: Invest in essential cleaning products such as detergents, mops, brooms, and vacuums to get started.
- Set Competitive Pricing: Research local market rates to offer attractive pricing while ensuring your services remain profitable.
- Advertise Locally: Use word of mouth, social media, and flyers in your community to promote your services and attract clients.
- Build a Reputation: Provide reliable, high-quality services to gain customer trust and encourage repeat business.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Cleaning Tools | 5,000 โ 30,000 | Brooms, mops, detergents, vacuums, etc. |
Transport | 5,000 โ 15,000 | Transporting cleaning equipment to clients’ locations. |
Marketing | 5,000 โ 10,000 | Social media marketing, flyers, and local advertising. |
Potential Earnings | 20,000 โ 100,000/month | Earnings depend on the frequency and type of cleaning jobs. |
24. Local Bar Joint

Why Start It?
Starting a local bar joint in Nigeria is a great business opportunity in a social and lively community setting. Bars are popular spots for gatherings, celebrations, and casual meetups. With Nigeriaโs vibrant nightlife and social culture, a well-located bar joint can become a hotspot for locals to unwind. Itโs a relatively low-cost business with the potential for steady income, especially if you offer a unique atmosphere, quality drinks, and good customer service.
How to Start:
- Choose a Location: Find a strategic spot with good foot traffic, preferably near residential areas or busy commercial zones.
- Offer a Variety of Drinks: Stock popular alcoholic beverages, including beer, spirits, and local drinks like palm wine. Offer non-alcoholic options for non-drinkers.
- Create an Inviting Atmosphere: Ensure your bar has a welcoming ambiance with comfortable seating, good lighting, and possibly some entertainment like music or sports TV.
- Promote Your Bar: Use social media platforms, flyers, and local word-of-mouth to attract customers. Hold promotions, happy hours, or host themed nights to draw in a crowd.
- Offer Good Customer Service: Build a loyal customer base by providing excellent service and ensuring your patrons have a great experience.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Bar Supplies | 150,000 โ 500,000 | Glassware, drinks, mixers, and storage equipment. |
License/Permits | 10,000 โ 20,000 | Local government licenses and permits for operating a bar. |
Marketing | 5,000 โ 15,000 | Flyers, social media ads, and local promotions. |
Staffing | 30,000 โ 100,000/month | Bartenders, waiters, and security staff. |
Potential Earnings | 100,000 โ 500,000/month | Earnings depend on foot traffic, location, and sales volume. Special events and consistent customer visits can increase earnings.
25. Food Stuff Business

Why Start It?
The food stuff business is a highly profitable venture in the streets and markets of Nigeria, as food items are always in demand. Whether youโre selling raw ingredients like grains, spices, and vegetables, or packaged food products, there is a steady market for foodstuff, especially in areas with high population density. With the increasing demand for daily essentials, this business offers consistent revenue opportunities.
How to Start:
- Source Your Products: Partner with local farmers, wholesalers, or suppliers to get a reliable source of foodstuffs such as rice, beans, flour, or spices.
- Set Up a Store or Online Shop: You can sell your foodstuffs from a physical store or create an online platform (e.g., Instagram, Jumia) to reach a wider audience.
- Offer Delivery Services: To cater to a wider market, offer delivery services, either locally or within nearby areas, for customers who canโt visit in person.
- Promote Your Business: Use social media, flyers, and word of mouth to advertise your food stuff business and attract customers.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Food Stock | 50,000 โ 200,000 | Purchase bulk food items like rice, beans, and spices. |
Store/Display Setup | 10,000 โ 50,000 | Setting up a small store or display area in a market or neighborhood. |
Online Platform Setup | 5,000 โ 20,000 | Create a social media page or online store to sell foodstuffs. |
Marketing | 5,000 โ 15,000 | Flyers, social media ads, and promotions to attract customers. |
Potential Earnings | 50,000 โ 300,000/month | Earnings depend on product volume, customer demand, and pricing strategy.
26. Delivery Service

Why Start It?
A delivery service is essential in Nigeriaโs fast-paced world. Whether itโs food, groceries, or documents, people across the country need reliable and efficient delivery services. With a small investment, you can start a local delivery business that caters to the growing demand for fast, convenient, and trustworthy delivery solutions in Nigeria.
How to Start:
- Get a Bike or Car: A small delivery vehicle like a bike, scooter, or car is enough to get started in Nigeria’s delivery business.
- Sign Up for Delivery Apps: Partner with popular food or goods delivery apps like Jumia Food, Gokada, or Bolt, or create your platform to offer personalized services.
- Advertise Locally: Promote your delivery services through local networks, word of mouth, and social media platforms to attract customers in your community.
- Offer Fast and Reliable Service: Build trust by providing timely, safe, and reliable deliveries, which will help grow your customer base through positive referrals.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Delivery Vehicle | 400,000 โ 1,800,000 | Bike, scooter, or small car. |
Fuel/Operating Costs | 5,000 โ 20,000/month | Monthly fuel and vehicle maintenance. |
Marketing | 5,000 โ 10,000 | Local advertising, flyers, and social media promotion. |
Potential Earnings | 250,000 โ 450,000/month | Earnings depend on volume and distance of deliveries. |
27. Content Creation for YouTube or TikTok

Why Start It?
With the rise of video content, platforms like YouTube and TikTok offer a great opportunity to create engaging, entertaining, or educational content while earning money through ads, sponsorships, or collaborations. In Nigeria, this business requires minimal capital to start, but creativity, consistency, and a strong online presence are essential to attracting viewers and growing your brand.
How to Start:
- Choose Your Niche: Select a topic youโre passionate about, whether itโs tech reviews, cooking, beauty, comedy, or anything else that resonates with your audience.
- Create Engaging Content: Invest in quality equipment like a good camera, lighting, and editing software to produce professional-looking and engaging videos.
- Monetize Your Channel: You can start earning by enabling ads, securing sponsorships, collaborating with brands, or even selling your merchandise to your growing fanbase.
- Stay Consistent: Consistency in posting and interacting with your audience is key to building a loyal following and increasing your earnings over time.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Camera/Smartphone | 30,000 โ 150,000 | A decent camera or smartphone with video recording capability. |
Editing Software | 5,000 โ 20,000 | Software like Adobe Premiere Pro or mobile apps for video editing. |
Marketing | 5,000 โ 10,000 | Social media ads and collaborations to grow your following. |
Potential Earnings | 50,000 โ 1,000,000/month | Earnings from ads, sponsorships, or brand deals. |
28. Food Vendor ( MAMA PUT)

Why Start It?
Nigerians have a strong love for street food, making the food vendor business, especially “Mama Put,” a great choice if you enjoy cooking. Whether you’re serving local delicacies like jollof rice, pounded yam, and egusi soup or offering fast food options, there is always high demand for tasty, affordable meals. Itโs a business with immense potential, especially in bustling urban areas across Nigeria.
How to Start:
- Set Up a Food Truck or Stand: Depending on your budget, you can start with a food truck, cart, or a small stall in a high-traffic area to attract customers.
- Create a Menu: Focus on popular and delicious street food items like suya, shawarma, jollof rice, or local Nigerian delicacies that will appeal to a wide range of customers.
- Advertise: Use social media platforms like Instagram and Facebook, along with street flyers and local promotions, to draw customers to your food stand or truck.
- Ensure Quality & Consistency: Consistently offer tasty and fresh food to build a loyal customer base and encourage repeat business.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Food Truck/Cart | 100,000 โ 1,000,000 | Depending on the type of food cart or truck you choose. |
Cooking Equipment | 30,000 โ 150,000 | Gas stoves, grills, frying pans, etc. |
Ingredients | 10,000 โ 50,000 | Food ingredients for your menu items. |
Marketing | 5,000 โ 20,000 | Flyers, social media marketing, and promotions. |
Potential Earnings | 50,000 โ 500,000/month | Earnings depend on the type of food, location, and customer base. |
29. Second-hand Clothing Business (OKRIKA)

Why Start It?
The second-hand clothing market, also known as “Okrika Market,” is thriving in Nigeria. Many people are looking for affordable and unique fashion items, making this a profitable business opportunity. With growing interest in sustainable fashion, second-hand clothing offers a chance to cater to the demand for stylish, budget-friendly options.
How to Start:
- Source Clothes: Purchase quality second-hand clothes from wholesalers or thrift stores, both locally or internationally.
- Clean and Organize: Ensure the clothes are in good condition by cleaning, sorting, and organizing them to make them more appealing to customers.
- Sell Online or at Local Markets: Utilize platforms like Instagram, Jumia, or physical markets to showcase your products and attract buyers.
- Offer a Variety: Provide a range of styles and sizes to cater to different tastes and preferences, making your business accessible to a larger audience.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Second-hand Clothes | 10,000 โ 50,000 | Initial stock of clothes to sell. |
Cleaning Materials | 3,000 โ 10,000 | Detergents and tools for cleaning clothes. |
Online Store Setup | 0 โ 5,000 | Setting up an Instagram page or an online store. |
Marketing | 5,000 โ 15,000 | Social media ads, collaborations with influencers. |
Potential Earnings | 20,000 โ 200,000/month | Earnings depend on the volume of sales and pricing. |
30. Mobile Phone Accessories Sales

Why Start It?
Mobile phone accessories are always in high demand, especially with the frequent release of new smartphone models. If you have access to reliable suppliers, selling phone accessories such as cases, chargers, and headphones can be a highly profitable business in Nigeria, where smartphone usage is booming.
How to Start:
- Purchase Accessories: Source mobile accessories like phone cases, chargers, headphones, and screen protectors from wholesalers or trusted suppliers.
- Sell Online or at Markets: You can sell your products through social media platforms like Instagram, Facebook, or set up a stall at local markets to reach a wider audience.
- Target the Right Market: Tailor your offerings to the specific needs of your local community or online followers, ensuring you provide trendy and functional accessories that appeal to smartphone users.
- Offer Excellent Customer Service: Providing fast delivery, affordable prices, and top-quality products will help you build customer loyalty and grow your business.
Resource | Cost Estimate (NGN) | Details |
---|---|---|
Inventory | 10,000 โ 50,000 | Stock of phone accessories (cases, chargers, etc.). |
Online Store Setup | 0 โ 10,000 | Create an Instagram page or a small website to showcase products. |
Marketing | 5,000 โ 10,000 | Social media ads and local promotions. |
Potential Earnings | 20,000 โ 200,000/month | Earnings depend on product demand and sales volume. |
Final Thoughts:
Starting a business in Nigeria doesnโt have to be intimidating or require a huge investment. With the right mindset, creativity, and a little capital, you can dive into one of these 30 profitable small business ideas and begin your entrepreneurial journey today. Whether youโre interested in offering services, selling products, or leveraging online platforms, the opportunities are endless. Donโt wait for the โperfectโ momentโtake action now and watch your business grow in the thriving Nigerian market!
Ready to Launch Your Business?
Understanding startup costs is key to successfully starting your business in Nigeria. Check out our Complete Guide on Startup Costs in Nigeria 2025 to get all the insights you need to plan and budget effectively for your entrepreneurial journey. Don’t let financial surprises hold you backโempower yourself with the right knowledge!
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