• Latest
  • Trending
10 Profitable Businesses You Can Start With Less Than 100k In Nigeria

10 Profitable Businesses You Can Start With Less Than 100k In Nigeria

March 6, 2024
EFCC warns CBN staff against aiding cryptocurrency, money launderers

EFCC warns CBN staff against aiding cryptocurrency, money launderers

July 24, 2025
Calm returns to Cross River community after deadly clash

Anambra Police train vigilante operatives on human rights, rule of law

July 24, 2025
Cross River flags off ODF certification for 207 communities

Cross River flags off ODF certification for 207 communities

July 23, 2025
ADVERTISEMENT
Cross River gov begins orientation for new civil servants, reaffirms reform agenda

Cross River gov begins orientation for new civil servants, reaffirms reform agenda

July 23, 2025
Innoson to train youths, establish vehicle assembly plant in Cross River

Innoson to train youths, establish vehicle assembly plant in Cross River

July 21, 2025
Muhammed Babangida Accepts BOA Chairmanship, Thanks President Tinubu

Muhammed Babangida Accepts BOA Chairmanship, Thanks President Tinubu

July 21, 2025
Akwa Ibom dismisses Cross River’s fresh claim on oil wells, reaffirms legal ownership

Akwa Ibom dismisses Cross River’s fresh claim on oil wells, reaffirms legal ownership

July 21, 2025
Breaking: PDP BoT dismisses reports on NEC meeting cancellation

PDP appoints Ogidi, six others to stop South-South members’ defection

July 19, 2025
Gov Otu names Prof. Francisca Bassey as substantive VC of UNICROSS

Gov Otu names Prof. Francisca Bassey as substantive VC of UNICROSS

July 17, 2025
Dele Momodu Joins ADC hours after Atiku’s defection

Dele Momodu Joins ADC hours after Atiku’s defection

July 17, 2025
Cross River LG boss raises alarm over decaying council assets, orders urgent repairs

Cross River LG boss raises alarm over decaying council assets, orders urgent repairs

July 17, 2025
Atiku resigns from PDP after forming ADC coalition

Atiku resigns from PDP after forming ADC coalition

July 16, 2025
ADVERTISEMENT
Street News
Friday, July 25, 2025
Subscription
Advertise
  • Home
  • Company
    • About Us
    • Contact us
  • News
  • Legals
    • Disclaimers
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Terms and Conditions
No Result
View All Result
Street News
No Result
View All Result
ADVERTISEMENT

10 Profitable Businesses You Can Start With Less Than 100k In Nigeria

by admin
March 6, 2024
in Business
Reading Time: 4 mins read
0 0
0
ADVERTISEMENT
ADVERTISEMENT

With the current hardship in Nigeria, starting a business with a budget of less than 100,000 Naira (about $63 USD) is feasible and can be quite profitable if you select the right venture and manage it effectively.

Starting a business with less than 100k in Nigeria is about leveraging your skills, being creative with your resources, and identifying opportunities that match the market’s needs.

YOU MAY ALSO LIKE

Bakassi Deep Seaport: A Game-Changer For Cross River State – Frank Edima

Afrexim, Arise IIP, NPA, Navy, Customs, Others Sign Endorsement Statement for Bakassi Deep Seaport Project

With hard work, persistence, and strategic planning, these business ideas can grow into profitable ventures.

Advertisement. Scroll to continue reading.
Advertisement. Scroll to continue reading.
ADVERTISEMENT

Here’s a list of ten businesses you can start with a modest investment, considering the local market demand and the ease of setup:

1. Dropshipping

Dropshipping is a retail fulfillment method where you sell products without holding inventory. With less than 100k, you can set up an online store using platforms like Shopify or WooCommerce, partner with suppliers, and start selling. Your primary expenses will be website setup and marketing.

2. Social Media Management Services

If you have a knack for social media, offering management services for businesses’ social media accounts can be quite lucrative. This business requires virtually no capital to start, just your time, a good laptop or smartphone, and a stable internet connection.

Advertisement. Scroll to continue reading.

3. Freelance Content Writing or Copywriting

With businesses constantly seeking quality content for their websites and marketing materials, starting a freelance writing or copywriting service is a great option. Your investment would mainly be in marketing your services and perhaps a few online courses to hone your skills.

4. Small Scale Agriculture

With a focus on high-demand products like vegetables, snails, or poultry, small-scale agriculture can be started within this budget. Initial costs include purchasing seeds or young livestock and basic equipment.

5. Home Tutoring Services

ADVERTISEMENT

If you excel in a particular subject, starting a home tutoring service can be a great way to leverage your knowledge. Expenses include transportation and marketing, such as flyers or online ads.

6. Mobile Food Business

Starting a small mobile food business, such as selling snacks, breakfasts, or fast food from a cart or a small stand, can be very profitable. Your budget will go toward initial supplies, cooking equipment, and a stall or cart.

7. Digital Marketing Services

With businesses moving online, digital marketing services are in high demand. If you have skills in SEO, email marketing, or social media advertising, you can start with minimal costs, focusing on acquiring clients through networking and online platforms.

8. Bead Making and Jewelry Business

The fashion industry in Nigeria has a vibrant market for unique, handcrafted beads and jewelry. Starting materials and tools are relatively inexpensive, and you can sell your creations online, at local markets, or through consignment in stores.

9. Graphic Design Services

For those with a creative flair, offering graphic design services can be started with just a computer and design software. Businesses need logos, promotional materials, and digital content, creating a steady demand for graphic design services.

10. Recharge Card Distribution

Selling recharge cards and data bundles is a business that you can start with a very small capital. The demand for mobile airtime and data is constant, and you can begin by purchasing wholesale from major distributors and reselling to end-users.

ADVERTISEMENT

Keys to Success:

– Market Research: Understand the needs of your local market and tailor your offerings accordingly.

– Lean Management: Keep overheads low by working from home or leveraging free marketing platforms initially.

– Quality and Customer Service: Offer excellent customer service and high-quality products or services to build a loyal customer base.

– Digital Presence: Use social media and a simple website to increase your visibility and reach a wider audience.

– Networking: Connect with other entrepreneurs and potential customers through online forums, social media, and local business events.

Tags: 100kadsbusinessdrophippingnairanigeriaprofitprofitablesocial mediastartup
ShareTweetSendShare
ADVERTISEMENT

Related Posts

Bakassi Deep Seaport: A Game-Changer For Cross River State – Frank Edima
Business

Bakassi Deep Seaport: A Game-Changer For Cross River State – Frank Edima

September 19, 2024
121
Afrexim, Arise IIP, NPA, Navy, Customs, Others Sign Endorsement Statement for Bakassi Deep Seaport Project
Breaking News

Afrexim, Arise IIP, NPA, Navy, Customs, Others Sign Endorsement Statement for Bakassi Deep Seaport Project

September 19, 2024
112
Nigeria’s Aviation Compliance Score Rises To 70.5 On Global Rating
Breaking News

Nigeria’s Aviation Compliance Score Rises To 70.5 On Global Rating

September 19, 2024
14
Tech Herfrica’s Executive Bags Visionary Leadership Award
Business

Tech Herfrica’s Executive Bags Visionary Leadership Award

August 16, 2024
63
Tinubu’s Aide Accuses Peter Obi Of Leading Planned Protest
Business

Presidency Foils Chinese Company’s Attempt to Seize Offshore Assets Abroad

August 16, 2024
20
Blue Stone Set To Provide CNG Powered Commercial Vehicles For Transporters In C’River State
Business

Blue Stone Set To Provide CNG Powered Commercial Vehicles For Transporters In C’River State

August 4, 2024
11

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Search

No Result
View All Result

Recent News

EFCC warns CBN staff against aiding cryptocurrency, money launderers

EFCC warns CBN staff against aiding cryptocurrency, money launderers

July 24, 2025
Calm returns to Cross River community after deadly clash

Anambra Police train vigilante operatives on human rights, rule of law

July 24, 2025
Cross River flags off ODF certification for 207 communities

Cross River flags off ODF certification for 207 communities

July 23, 2025
ADVERTISEMENT
  • About Us
  • Contact us
  • Advertise
  • Disclaimers
  • Terms of Use
  • Privacy Policy
  • Terms and Conditions
Report what is happening in your street to us via info@streetnews.ng or WhatsApp +2348116170086

Copyright © 2024 StreetNews. All rights reserved
Powered by Streetnews Global Media Ltd

No Result
View All Result
  • Home
  • Company
    • About Us
    • Contact us
  • News
  • Legals
    • Disclaimers
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Terms and Conditions

Copyright © 2024 StreetNews. All rights reserved
Powered by Streetnews Global Media Ltd

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.