Top 5 Most Profitable Small Scale Businesses in Nigeria
Young Nigerians on X shared their top picks for the most profitable small scale businesses in the country. Here are their top 5:
- Grocery Store: “Starting a grocery store is a no-brainer! People need food and household essentials every day, so you’ll always have customers.” – @Nneoma_Ng
- Food Vendors: “Selling food on the streets or at events is a goldmine! Nigerians love their jollof rice, suya, and other local delicacies.” – @Foodie_Femi
- Beauty Services: “Offering beauty services like hair braiding, makeup, or nail care can be very profitable. Nigerians love to look good!” – @Beauty_Blogger_NG
- Phone Repair Services: “With how much Nigerians rely on their phones, starting a phone repair business can be very lucrative. You can fix screens, batteries, and more.” – @Tech_Nerd_01
- Laundry Services: “Starting a laundry business is a great idea! Many people don’t have time to do their laundry, so they’ll pay you to do it for them.” – @Entrepreneur_NG
Starting a small business in Nigeria requires careful planning and execution, but with the right idea and mindset, it can be very profitable.