Lucrative Businesses you can start in Nigeria with little or No Capital in 2020

I'm pretty sure you want to be a boss of your own, I mean who wouldn't? Being an entrepreneur simply means that you are the decision-maker in your business and imagine the comfort and flexible working hours you'll get to choose?

The thought of having your own business in a country like Nigeria is very enticing and considering the likelihood of your business to grow and become a top brand, it is definitely a shot worth taking.

The major worry most individuals who want to start a business in Nigeria have is "insufficient capital", this why we have compiled this article on "Profitable Businesses you can start with no capital in Nigeria". The businesses in this article are thriving in the Nigerian market and with the right strategy and push, your business can be among the best in the field.

 

Profitable Businesses you can start with no money in Nigeria in 2020

 

Writing

If you have a flair for writing and you are able to capture people's attention with your words then you should try out a career in writing. Many companies and businesses are out looking for good writers that can help them drive leads and sales through writing.

Social Media Management

Are you creative and capable of putting out engaging contents on social media, then starting social media management businesses would be awesome for you

Small businesses owners are in need of social media managers who can drive paid and organic traffic to their pages. You simply need to understand the language of each social media platforms and you are good to go.

 

You do not need any start-up capital to become a writer, just your thoughts, pen and paper. There are tons of freelance websites (Fiverr, Upwork, Flex jobs e.t.c)  where you can offer your writing services and get paid for it.

Tutoring Business

Are you a geek in a particular field or is there something you know how to teach well? Everyone wants to learn and grow and they won't mind paying to know what would be valuable to them.

Starting a Tutoring Business would require no capital at all except you are looking at having your own Tutorial centre but for a start, people would appreciate being Tutored at the comfort of their homes.

Graphic Design

Quality visual contents just tend to resonate with people, starting a freelance business as a Graphic Designer can be very lucrative as long as you are able to produce quality works.

If you are concerned about the tools you need to startup, you simply just need a laptop for a start and fortunately, There are some laptops that cost less than N 50,000. Graphic Design is quite profitable, but you should ensure that you are well-grounded on the fundamentals of designing

Baking

Baking is sometimes underrated, but if you put into consideration the fact that Nigerians would never get tired of Cakes, Doughnuts, Puff-puff, Meat-pies e.t.c, you'll realise how lucrative baking can be.

Starting a business as a baker cost less that and 50K, you can purchase simple tools to start up and over time you might need to get more.

Make-Up Artistry

Making-up is well appreciated in Nigeria especially among ladies, basic Make-up you need for start would cost less than 20K.

You'll need to be very creative as a Makeup artiste to get recommendations and referrals.

Shoe Making

Handmade shoes are become well appreciated in Nigeria today. You obviously need to learn and master the skill before you can build a career in Shoemaking, but shoemaking is quite profitable if you can awe people with your works.

Affiliate Marketing

With the rise of e-commerce industries in Nigeria, Affiliate Marketing is a good business to start, you can leverage on social media accounts and work as an Affiliate Marketer for various commercial industries, promoting their brand and generating leads for them.