Best answer: What kind of business can I do with 1million naira?

What business can you start with 1Million naira?

1) Operating a restaurant

One business you can start with one million naira today is a restaurant business. Food is one of the basic necessities of life. Everybody needs to eat. With one million naira, you can start up a successful restaurant and locate it at a vantage position for patronage.

What type of business can I start with 1Million?

20 Businesses You Can Start With 1Million Naira

  • Supermarket.
  • Restaurant business.
  • Boutique business.
  • Large-scale phone and computer accessories business.
  • Bakery business.
  • Yoghurt and ice cream production.
  • Poultry farming.
  • Fish farming.

What business can make me a millionaire in Nigeria?

List of Business That Create Youngest Millionaires in Nigeria

  • Private School. Setting up a Private Nursery and Primary School in Nigeria don’t have to be capital intensive at the early stage. …
  • Real Estate. …
  • Used Books. …
  • Internet Business.

What business can I start with 300k in Nigeria?

Table of Contents Hide

  • #1. Tailoring.
  • #2. Barbershop.
  • #3. Hair Salon.
  • #4. Sale of Hair Extension.
  • #5. Sale of Clothes.
  • #6. Dry Cleaning Service.
  • #7. Football Viewing Centre.
  • #8. Cyber Cafe.

What business can I start with 5K in Nigeria?

List Of Lucrative Businesses to Start in Nigeria with 5K or 10K

  • London Used Cloths (OKREKA) Okreka are used clothes that are being imported from other countries. …
  • Pure water/bottle water business. …
  • Buying And Reselling. …
  • Noodles preparation business. …
  • Mini meet pie production. …
  • Liquid soap production. …
  • Daycare center business.
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What business can I start with 200k in Nigeria?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.

  • Open a Restaurant.
  • Start a Fumigation Business.
  • Laundry and dry cleaning services.
  • Starting your own home services.
  • Importation of wears.
  • Livestock farming.
  • Car wash center.
  • Corporate cleaning services.