Top 5 Small Business Ideas with the Quickest Way to Make Money in Nigeria (NEW)

Top 5 Small Business Ideas with the Quickest Way to Make Money in Nigeria (NEW)

I will have started with a story of how I came up with the title of this article “Top 5 small business ideas with the quickest way to make money in Nigeria”.

But I thought the article might get bulky and seems irrelevant…Maybe I will save that for another day.

It all started a few years ago, when I started looking for the quickest way to make money in Nigeria, I search every corner of Google but most of the answers I got were not for people living in Nigeria.

What most of the blog posts I read then always show me were kinds of stuff made for people abroad and almost in no way will it work for Africans, Nigerians especially.

And more so, most of the ideas which I saw that works well in Nigeria were all online-based, and then I had no phone talkless of a laptop to make money online.

frustrated with the quickest way to make money in Nigeria
Frustrated Nigerian Boy

I got frustrated….I don’t even know why?

Maybe it was because I didn’t have a phone and a laptop to make money online or because there was no article covering the quickest way to make money in Nigeria without going online.

But with what I’ve seen over the years, I decided to collate a list of few small businesses with the quickest way to make money in Nigeria that cost no or little money.

Quickly before I show you those small businesses, I will like to let you know that these business ideas are what I’ve seen other people do and not my initiative and I just think it is a good idea to share it with you.

I have made a list of some small businesses you can start with and make a decent amount of money from and these businesses are not a get- rich quick business ideas perse, they are ideas that will make you get your ass off and get yourself doing something to make you money.

To make money with these businesses you need patience, perseverance and willingness to burn out things.

With that been said;

The following small business ideas are the quickest way to make money in Nigeria over the long term

Business Idea Number 5 is unique, so I will advise you to read this article to the end.

Small Business Ideas with the Quickest Way to Make Money in Nigeria

1. Quality Mobile Accessories Store

Quickest Way to Make Money in Nigeria

We all know that most Nigerians like putting their money on big phones, expensive ear pods and buds, high priced earpiece, and chargers.

What I have noticed is that most expensive phones and phone accessories get attractions from people even more than the cheap ones.

So that means people are willing to pay money for a quality and expensive phones and accessories.

You can open a small business place and start selling this to people.

The interesting thing about this business is that you don’t need too much marketing, once you’ve sold one to a customer and they are satisfied with it, the customer keeps coming and also referring more people to buy.

Although this business requires a little bit of capital to start with, it really worth looking into.

Mobile Accessories you can start with include: Pouches, Chargers, USB cables, HDMI cables, Ear pods and buds, Earphones, and Power banks.

Smartphone brands you can start with include: Samsung, iPhone, Infinix, Tecno, LG, etc.

Getting to stock your store shouldn’t be hard, you can start with mini-importation to get quality products at cheaper prices and which you can start selling at a high price.

Your success in this business all depends on your ability to get quality products and high paying customers.

SEE 5 MIND-BLOWING REASONS WHY PEOPLE DON’T BUY WHAT YOU SELL

2. Nursery and Primary School

As more children are being given birth to, the need for their education gets to rise too.

Almost all families in Nigeria nowadays want their children to go to a better school.

Millions of children are now in the nursery and primary schools and which is a greater business advantage.

If you are an educated person and you are obsessed with you having your own school, you can start a nursery and primary school business at a small scale and later do the registration as the school grows.

The true beauty of starting a school is that no matter how hard it is, you will surely get pupils to fill in your school.

 So starting a nursery and primary school is something you can look into to start making money in Nigeria.

3. Soft Drinks and Pure Water Store

quickest way to make money in nigeria

A soft drinks and pure water store?

Are you kidding me?

You might asked yourself that, right?

You see starting a soft drink and pure water store is a better way to make money as a side hustle and also the quickest way to make money in Nigeria.

The best thing about this is that you can run another business and still run the soft drinks and pure water store business and you could be making an impressive amount of money from it.

To setup this business, all you need is a fridge or freezer.

Getting a fridge shouldn’t be hard, you can start with your own fridge or freezer that you are using at home then as you make more money from it, you can buy another one for your business.

The pure water and soft drink companies can supply you water and drinks on a credit and you will pay them back after you sell the waters and drinks.

Best place you can start this business in are places like schools, markets, churches, mosques, small kiosk somewhere in your area, football matches playground.

4. Laundry Service

quickest way to make money in nigeria
Man with massive passion for Laundry

A lot of people don’t have time for some chore like washing and ironing of their own clothes, and they need someone to help them do that.

And they are also willing to offer good pay for it.

You can position yourself as the laundry guy and take the job upon yourself.

 The interesting part of this business is that you get to care for your own dresses as you help others too.

Starting a laundry service business requires a small amount of capital and a massive passion for washing and ironing of clothes.

To make it a side hustle or a passive income for yourself, you can employ someone or two to help run the business while you pay them.

You can make a decent amount of money from this business if you are dedicated and focused.

SHOULD YOU SAVE OR INVEST ?…..SEE WHAT YOU SHOULD DO FIRST

5. Middle Man Agent

Oh! yes, and here comes the ultimate small business idea any one can start regardless of age, color, background or environment.

The Middleman Agent!

You are already thinking about what a middle man agent is?

small business ideas with quickest way to make money in nigeria

Let me burst your brain, middle man agent is something you are used to and you have been doing but you were not seeing the opportunity in front of you.

What does a Middle Man Does ?

When you sew new clothe and you wear it to a ceremony or an event and people started asking you questions like; can I get it too, where do you get it from, how much do you get it? Those entire questions are what a middle man agent listen to and turn into money.

A middle man agent simply means you connecting someone who is willing to buy a particular product or service they saw on you to the seller and charging them higher than the seller.

I tag this business the local Dropshipping.

To get started with this business, you will need to be a person that really loves buying something of quality, and also you have to be a person of many connections.

This middle man agent business model is common among celebrities.

The cost of starting this business is ZERO and trust me this is the quickest way to make money in Nigeria.

So if you don’t want to stress yourself too much, you can consider starting a middle man agent business as a side hustle, and you could be making a lot of money just being yourself and doing what you love.

Conclusion

There are many other small business ideas with the quickest way to make money in Nigeria that will make you a decent amount of money.

But these are just few I think will make you quick money as a side hustle.

In future, I will be adding more small business ideas that will interest you and that can make you the quickest money in nigeria.

Meanwhile, starting any business (small or big) isn’t easy but treating your small business like a big business will really pay in the long run.

Don’t forget to have your own business plan, marketing strategies, and budgeting plans, they really matter.

Thanks for reading! Let me know if you have anything to add or learned anything new from this article by showing your concern in the comment box below.

Make sure you share it with your friends, your loved ones or anyone it might help!

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This Post Has 2 Comments

  1. Newton Onukwusi

    Nice list and a very informative post plus so many options to choose from, Thanks.

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