If you are an investor or entrepreneur looking for new business ideas where you can spend your cash on with great yields in Nigeria, these list of opportunities below are clever investment opportunities in Nigeria which you can leverage on. They are fast growing new business ideas where investors or entrepreneurs can actually put their money and be rest assured that they are getting almost 100% profit if done properly.
Lists of new business ideas in Nigeria
Livestock Farming
This is one of the fastest growing new business ideas in Nigeria particularly with the national government’s ban on the importation of frozen or live poultry birds. It is normally a flourishing business in Nigeria and using all the 170+ millions of mouths to feed, there’ll always be need for livestock. The significant challenges of the venture are insufficient specialized know-how and application of primitive equipment, which interrupts the business’s expansion, but in the event that you’ve got the sufficient knowledge and patience to cultivate this enterprise, you may reap hugely.
Sewing Specialized Uniforms
You will find over 600 colleges (crèche, secondary and primary) in ibadan alone and this number is still on the rise. These colleges want uniforms and you may be the one to supply that. Apart educational institutions, people and corporate associations also require uniforms for safety staff and personnel, even army, paramilitary and non-paramilitary organizations want uniforms. You can position yourself to provide these uniforms and earn decent money out of it.
Real Estate
People are always going to require houses, flats, homes, office spaces etc.. As opposed to piling up your money from the bank, invest in property. It’s possible to purchase a property in a fantastic place, give it time to grow and market at a significantly higher cost, or lease out. Should you not need to experience the pros and cons of conducting a property development organization,it is possible to just spend the evolution of shopping malls, residential flats, events and seminar halls etc.
Daycare Center
It’s surprising that more folks aren’t leveraging with this business opportunity looking at the rising demand for quality child daycare providers. Both parents are now working more difficult to generate sufficient income to keep your household going, thus raising the need for all these daycare services. Yes there are a range of daycare facilities although not a lot are of those reassuring and exceptional characteristic most parents are searching for, that is the reason why many parents will instead leave their kids with a relative. You are able to leverage on this and develop this venture together with exceptional company, recommendations and caliber that will assist you stand out favorably. You may begin small as a small babysitting service and enlarge into a full-scale school.