Small Business in Nigeria: 55+ Profitable Small Business Ideas in Nigeria (2023)

Nigeria is a West African Country That Provides Profitable Small Business Ideas in Nigeria 2023.

If You are Looking for all the Small Business Ideas to Start in Nigeria With Low Investment, then You are at The Right Place. Nigeria is a Developing Country and Abuja is Its Capital.

With A GDP of $504 Billion, The Economy Mostly Depends On Agriculture, Fossil fuels, Manufacturing and Technology Industry, Services  Based Business, Tourism, and Others.

For The Transport and Import and Export Of Products and Raw Materials, The Country is Connected by Roads, Railways, and Airways.Small Business Ideas in Nigeria

Profitable Small Business Ideas in Nigeria (2023)

Here in this Post, We have Listed all The Online Business, Service Based Business, Local, and Shop Business Ideas, that You can Start With Low Cost and Make It Profitable.

Profitable Agriculture

Profitable AgricultureSome of the Major Agriculture Crops are beans, sesame, cashew nuts, cocoa beans, groundnuts, gum arabic, plantains, rice, rubber, sorghum, soybeans, and Others

This Business is the Directly Connected to Our Food So the Government Promotes This Business and Enhances the Farmers by Providing Them with Different Subsidies and Advance Tech Products for the Agriculture Development of the Country.

Which the Help of Modern Equipment and Technology You Can Start an Advance and Modern Agriculture and Farming, and Export Food Products Across the Globe or Through Out the Country.

  • Investment:-$500-$1000 Aprrx
  • Income Potential:- $3-6K Approx
  • Location:- Agriculture Land
  • Skills Required:- Different Agriculture Training

Small Manufacturing Business in Nigeria

As the Widely Availability of Raw Materials and Minerals, It Opens Many Opportunities to Start Different Types of Small Scale Manufacturing Businesses in Nigeria.

Start Different Types of Industrial Businesses Like Textile Manufacturing, Furniture Making, Crops Processing, Food, and Beverage Production, With Human Power.

With a Good Business Plan, You Can Start a Small Business With Funding and Business Loans.

  • Investment:-$3K+ Initial Aprrx
  • Income Potential:- $1-1.5K Monthly Approx
  • Location:- Offline
  • Skills Required:- Specific Training

Quail Bird & Egg Farming in Nigeria

Starting of Quail Bird Businesses Another Law Investment Farming Business That You Can Start.

In Nigeria, There is a Demand for a Quail Bird and of Its Egg.

With the Proper Training and Investment You Can Start a Small Quill Bird Farming Business and Sell in the Market.

  • Investment:-$300-500 Aprrx
  • Income Potential:- $1000+ Approx
  • Location:- Offline
  • Skills Required:- Bird Farming

Most Successful Small Business Ideas in Nigeria

Recharge Card Business

Recharge Card BusinessIn Nigeria, There is Also Many Place Where is a Great Demand for Recharge Cards, and Starting of Any Business Related to It is Very Profitable.

It is a Low-Cost Local Business Idea That You Can Start With Collaboration With the Sim Retailer and Sell Mobile Recharge Cards for Internet and Voice Call Packages.

Cook & Catering Services

From Parties to Wedding and Events, It Requires Cooking and Catering Services, So It is One of the Best Lucrative Businesses Which You Can Start With Low Investment and Few People.

Catering Services Are the Best Service Based Business, That Require Minimum Skills to Start and Good Potential in It.

From Catering to Cooking Services, You Can Provide a Package to the People and Make Money From This Service Based Business.

Mobile food Vending in Nigeria

Food Vending is Another Profitable Business That You Can Start in Nigeria 2023.

It is a Law Investment Business Idea That You Can Start Within the Local Area or Marketplace and Cell Different Types of Foods With the Help of a Cart, Food Truck and Permanent Setup.

Start a Profitable Blog

Blogging is One of My Personal Favorite Small Business That You Can Start From Home and the Earning Potential is Sky Rocket the Limit.

With the Investment of Less Than $100, You Can Launch Your Blog and by Publishing Quality Articles You Can Make Money From It.

If You Have Proper Skills or Knowledge in Any Field Then You Can Create a Blog on It and Provide Quality Information Online.

To Make the Maximum From Blogging It Needs SEO, Content Writing, Content Optimization, and Other Technical Ideas Which You Can Learn in Less Than One Month.

Freelance Writing

If You Are Looking for No Investment Business Idea Then Article Writing is a Based Work From Home Business That Require Zero Investment.

There Are Many Bloggers, News Media Companies, and Small Startups Looking for Content Writer in Both Part Time or Full Time.

There is a Very Huge Demand for Content Writing and Businesses Are Paying a Great Amount of Money for It, So if You Have Any Skills in Writing Then You Can Start This Article Writing Business.

Computer Training Center

Training and Consultancy Business is Another Zero Investment Business Idea That You Can Start With Your Skills.

From Computer Training to Different Types of Trade Training, You Can Provide to Different People and Earn Money From It.

There is a Great Demand of This Training As It Comes with Many Job Opportunities. So You Train People About Word, Excel and MS Office.

So You Can Start Different Types of Training and Consultancy Business Require Zero Investment to Start.

Computer & Mobile Repair and Accessories Sales.

The Modern Era is Mostly Depend on Computer and the Rapid Growth of Smartphones Selling Increases the Demand for Different Types of Businesses Related to It.

Computer Repairing or Smartphone Repairing Services Are One of the Best Service Businesses That Require a Very Low Amount of Investment to Start.

To Start This Business You Must Have the Skills in Computer Repairing or Mobile Servicing With You Can Learn Within 6 Months of the Course to Start a Mobile Repairing Shop.

Rental Services in Nigeria

Rental Business Are One of the Best Business Idea That Needs Some Investment to Start.

Nigeria is a Tourism Centric Country, and Many People Visit Regularly, for the Travel They Looking for Different Rental Services Like Bike and Car Rental.

With a Good Budget, You Can Start a Small Rental Service Business and Start Providing Bike and Car Rent to the People With All the Documents.

Food Processing Busienss

There Are Many Business Related to Agriculture, as Agriculture is One of the Biggest Business in Nigeria, and Many People Depends on It So There Are Many Small Businesses Like Labours, Processing Machines, Tractors, and Equipment that Are Required For This Business.

The Government Also Provided Different Types of Subsidies, Agriculture Loan, So You Can Start Different Types of Food Processing Businesses in Your Area, Like Rice Mills, Wheat Mills, and Different Food & Crops Processing Machines.

Start It as a Small Business in Near Side of Any Agriculture Place and Help Farmers to Process They Are Crops and Make Money From It.

Livestock Farming

Livestock Farming Business is One of Profitable and Traditional Business That You Can Start With a Low Investment.

These Small Business Are Traditional but Comes With a Great Profit Margin. There Are Different Types of Live Stock Farming That You Can Start Like Duck, Poultry, Eggs, Duck, and Goat Farming.

Do a Proper Market Research and Understand the Demand and Start a Livestock Business Related to It.

Used Car Sales in Nigeria

There Are Many People Who Loved to Buy Used Cars as It is Feasible for Their Pockets, So Starting of Used Car Selling Business is Another Lucrative Business That You Can Start With Good Investment.

There Are Many People Who Sold Their Bikes After Using Them for a Few Months, So You Can Purchase by Contacting Take Them and Sell Used Vehicles.

You Are Starting This Business You Have to Focus on a Few Steps

  • Quality of Old Car
  • Market Demand
  • Legal Documentation
  • Budget Plan


Nigeria Has a Huge Amount of Students and Every Parent Wants to Educate Their Children for a Great Future and to Get a Job.

So if You Have Any Educational Background Then You Can Start a Tutor Service and Provide Education to Children. There is a Huge Demand for This Business and You Can Start It is a Part-Time or Full-Time Career.

You Can Start a Tutor or Online Tutoring Business and Money From It on a Monthly Basis or Session Basis.

Real Estate Agency

As Nigeria is a Developing Country So Real Estate Business Are Not Saturated Yet and Hold the Great Potential to Start a Business.

So if You Have Any Good Investment Then You Can Start a Small Real Estate Company and Invest in Different Real Estate Properties as Well.

There Are Many Places in Nigeria Where You Can First Invest in Property and Then in Real Estate Buildings for All Types of Office, Mall, and Business Purposes.

Start a Fish Farming Business

Aquaculture is Another Most Lucrative Small Business That Come With High Profit. In Nigeria.

There Are Many People Who Depend on Aquaculture Business Which is Yet Another Profitable Business.

There Are Many Aquaculture Business Like Monoculture, Polyculture and Monosex and Different Type of Fish There is a Huge Demand for These businesses in the International Market and You Can Export It Across the Globe.

It is a Human Resource Business That Require People, and Investment, and a Business Plan to Make It Success.

Catfish Farming in Nigeria

There is a Huge Demand for Catfish in Nigeria and Starting a Farming Business Related to It.

It is a Profitable Business as it the Available at a Cheap Price and It is Very Easy to Find, It Also Does Not Require Any High Maintenance Cost to Start This Business

So Start a Catfish Farming Small Business in Nigeria With a Small Pond and With the Proper Care You Can Sell It at a Good Price Bracket.

Groundnut Processing

Nigeria Export Huge Amount of a Groundnut Every Year and Starting of Different Type of Small Business Related to It is a Good Idea.

To Start a Groundnut Processing Business You Have to Go Through the Process of Storage, Cleaning, Grinding, Hitting and Pressing, Refining, and Packaging

There is a Huge Demand for This Business and You Can Start It in the Nearby Groundnut Farming So Start a Processing Business Related to It by Setting Up Around Not a Processing Mill.

Bottled Water Production

Of Course, Water is Available for Free but They Are Many Places in Nigeria, Where is a Huge Demand for Bottle Water or Purified Water.

Starting of Bottled Water Business is a Great Business, That Require Low Investment to Start and You Can Easily Make It Profitable.

From Train Station to Airport People Are Looking for Clean and Fresh Water Where is a Great Opportunity of Starting and Selling of Your Products.

Start a Restaurant in Nigeria

Restaurant Business is One of the Most Profitable Businesses, That You Can Start With a Low Budget or High Budget. There is Always a High Demand for This Food Business.

Some of the Best Foods in Nigeria are Jollof Rice, Iyan, Ogbono Soup, Àkàrà and Puff-Puff.

Start a Small Restaurant in the Market Place, College & School Area, Office Place, and in the Road Side to Get Multiple Customers.

Start Making Regional Food as Well as Chinese, Italian, Mexican, and Other Popular Dishes Will Help to Attract More Customers.

What are The Top Cities to Start a Business in Nigeria?

There Are Many Cities in Nageira and Some of the Best Business Cities Where All Types of Raw Materials and Resources Available to Strrart Any Type of Business Are

  • Lagos
  • Ibadan
  • Benin City
  • Port Harcourt
  • Kano

Top 10 Online Business Ideas to Start in Nigeria

There is a Huge Grow in The Online Business, that Attract Foreign Currency to Nigeria With the Online Business.

Some of The Best Online Business With Low Cost are:-

  • Blogging
  • Affiliate Marketing
  • Ecommerce Business
  • YouTube Channel
  • Domain Flipping
  • Earn From Survey Sites
  • Data Entry Jobs
  • Freelance writing
  • Graphic designer
  • Web developer
  • Social media specialist
  • Digital Marketing
  • Online Tutoring
  • SEO Expert
  • Stock Market Trading
  • Vlogging

Top 10 Low Investment Business Ideas in Nigeria (No Cost Business Ideas)

  • Food Shop
  • Service Based Business
  • Blogging
  • Courier Service
  • Career Counselling
  • Handy Man
  • Landscaping Service
  • Security Services
  • Affiliate Marketing
  • SEO Specialist
  • Car Cleaning

Top 10 Best Work From Home Business Ideas to Start Nigeria

  • Tailoring
  • Freelance designer
  • Social media manager
  • Proof Reading
  • Online tutor
  • Affiliate Marketing
  • Blogging
  • Transcriptionist
  • Cyber security consultant
  • Freelancing
  • Yoga Class
  • Cloud Kitchen

Top 10+ Service Based Business Ideas in Nigeria

  • Security Services
  • Software as Services
  • Personal Services
  • Smart Phone Repairing Service
  • Consulting Services
  • Catering Services
  • Handyman
  • Travel Services
  • Pet sitting
  • Makeup artist
  • Training Services
  • Graphic designer
  • Financial Services
  • Courier Service Business
  • Call Center Business

Top 10+ Manufacturing Business in Nigeria

  • Bakery
  • Homemade Chocolate/Cookies
  • Palm Oil Processing
  • Potato Powder Making
  • Ice Cream Making
  • Car Modification
  • Garments
  • Candle Making
  • Wood Products
  • Hair and Beauty Products
  • Leather Bags

Why You Should Start a Business in Nigeria – Top 7 Benefits Of Starting a Business in Nigeria 2023

Despite of a Growing economy, There is a Massive Growth in The Economy in past 2 Decades, It been African Country Where you can Get Many Opportunities to Start Any Small-Mid Scales Business as a Foreigner or Locals

  1. Multiple Business Opportunities
  2. Skilled People
  3. Wide Space Available
  4. Government Support
  5. Industrial Infrastructure
  6. 3 Way Transportation
  7. Investor Friendly
  8. Global Reach

Taker All The Benefits in The Country and Start Any Business y Taking It Both Online and offline.


Nigeria is One of the Most Developed and Growing Countries in Africa and Starting of Different Types of Small Business and Online Business Has Many Benefits.

It is a Country With Full of Natural Resources, Human Resources, and Global Communication That Helps Many Large Scale Businesses to Grow.

In the Few Decades There is Also Immersive Growth in the Digital Businesses, So Starting of Online Business Has Great Potential.

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