23 Profitable Business Ideas in Nigeria with Little or No Capital

Here are 23 business ideas that can be started with minimal investment:

SERVICE-BASED BUSINESSES

1. POS BUSINESS: Start a point-of-sale terminal business with N30,000 and earn commissions on transactions.
2. CLEANING SERVICES: Offer house or office cleaning services with basic equipment and earn good income.
3. EVENT PLANNING: Plan and coordinate events like weddings, birthdays, or corporate events.
4. CATERING SERVICES: Start a catering business from your kitchen with little capital and grow through referrals.
5. TUTORING: Offer tutoring services in subjects you’re knowledgeable in with no capital required.

CREATIVE BUSINESSES

6. PHOTOGRAPHY: Start with a good-quality camera or smartphone and offer photography services for events or portraits.
7. VIDEOGRAPHY: Offer videography services for events, weddings, or corporate videos.
8. MUSIC LESSONS: Teach music to students and earn good income, especially if you target high schoolers.
9. CONTENT CREATION: Create engaging content for brands and businesses, and monetize your social media presence. Grow your followers  to improve your value.
10. PRINT ON DEMAND: Design and sell customized products like phone cases, mugs, or t-shirts without holding inventory.

FOOD-RELATED BUSINESSES

11. READY-MADE FOOD: Start selling cooked meals with an initial investment of N100,000, including shop rent, food, and packaging.
12. SNACKS: Sell snacks like kuli, pawn crackers, or plantain chips with an initial investment of N10,000.
13. FOOD DELIVERY: Partner with local restaurants to deliver food and earn commissions.
14. KUNU, CHOCOLATE, ZOBO OR HIBISCUS DRINK: Start a Zobo manufacturing and distribution business with basic ingredients and equipment.

OTHER BUSINESSES

15. LAUNDRY: Start a laundry business with basic washing supplies and a small washing machine. You can also offer home service, for your safety, reveal the address of your clients to your family , go with a reachable phone number, so as to check on you in case you stay longer than it should be.
16. PERFUME OIL: Start selling perfume oils with an initial investment of N5,000 and resell to customers. Sell in bars, hotels, schools, event places, etc.
17. SCRAP METAL SALES: Collect scrap metals and sell to recycling companies with tools like magnets and wheelbarrows. You can also purchase the abandoned or unused ones from the owners at cheap rates, and sell at huge prices to companies. Do not steal, so that it won’t land you at an undesired place.
18. ROAD TRANSPORTATION: Start a road transport business with a small fleet of vehicles or partner with existing transport companies.

ONLINE BUSINESSES

19. E-COMMERCE STORE: Start selling physical products online with an initial investment of N50,000 for products and packaging, and N20,000 for marketing ads.
20. AFFILIATE MARKETING: Promote products and earn commissions without owning a store or inventory.
21. FREELANCING: Offer services like writing, graphic design, or social media management and earn go money monthly.
22. BLOGGING AND CONTENT CREATION: Monetize your blog through direct advertisement, affiliate marketing and Google Adsense.
23. SOCIAL MEDIA MARKETING: Help businesses manage their online presence and create engaging content.

These business ideas have the potential to generate good income and create employment opportunities with little or no capital.