What Can I Do With 500000 Naira?

What business can I start with 500000?

Pharma Business:-Setting up pharmaceutical manufacturing business is another very good idea.

Diamond/Gold Jewelry Business:-Another very good business idea is to open business of diamond processing or trading of gold jewelry.

Food Business:-Starting food or restaurant business is very good idea.More items….

What can I do with 1million naira?

Business I can start with 1 million naira in NigeriaOpening a small supermarket. … Opening a small restaurant. … Boutique business. … Phone and computer accessory business. … Bakery business. … Producing yoghurt and ice cream. … Poultry farming. … Fish farming.More items…•

How can I invest 500k in Nigeria?

Top 10 Business Ideas to Invest 500,000 Naira OnMini Importation Business. This is certainly a good business venture you can invest 500,000 nairas in and certainly get rewarding profit. … Poultry Farming. … Pig Farming. … Fish Farming. … Goat Rearing/Farming. … Real estate business. … Laundry Business. … Fashion designing business.More items…•

What can I start with 50k?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

How can I invest 500000?

Top Ways to Invest $500,000Guaranteed Investments. … Purchase Individual Stocks. … Robo-Investing. … Certificates of Deposit. … Exchange Traded Funds. … Peer to Peer Lending. … Annuities. … 529 Plan for College Savings.More items…•

What business can someone start with 200k?

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.More items…

Is Nigeria good for business?

Nigeria also tops the list for Africa’s largest economy, largely thanks to its production levels of oil and gas, which are also the highest in the continent. Over the last ten years the country has enjoyed an average GDP growth of 6.9% and is now the biggest beneficiary of Foreign Direct Investment in Africa.

What is the best business to start in Philippines?

Best Business Ideas in the Philippines: The Ultimate List….Retail Business.CCTV Installation.Garage Sale Business.Cellphone Load Retail Business/E-Loading Station.Local Produce Retailer.Online Clothing Store.Ukay-Ukay Store/Thrift Clothing Shop.Sari-Sari Store.Convenience Store/Mini-Grocery Store.More items…•

Which investment is best in Nigeria?

List of the Best Investment Opportunities in NigeriaBank Investments. It is almost impossible to discuss investment opportunities in Nigeria without referring to bank wavings. … Cryptocurrency and Blockchain Investments. … Real Estate Investments. … Agriculture and Livestock Investments. … Bonds and Stocks Investments.

What is 1million naira in dollars?

1,000,000 naira to united states dollar according to the foreign exchange rate for today. You have just converted one million naira to united states dollar according to the recent foreign exchange rate 0.00262467. For one million naira you get today 2,624 dollars 67 cents.

What business can I do with 300k?

Best Business to Start with 300k#1. Tailoring. Provided you know how to cut and sew clothes well, you should consider tailoring as a viable choice with 300k in your pocket. … #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 should I invest in Nigeria 2020?

Here are the most lucrative investment opportunities in Nigeria:Agriculture. Nigeria’s population is estimated to be over 200 million. … Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria. … Oil and Gas. … Mining. … Manufacturing Industry. … FGN Savings Bond. … Stocks. … Fixed deposit.More items…

What business can I start with 3 million naira?

Listed below are profitable small businesses you can start with 3 – 20 Million Naira that are thriving in Nigeria today. Open a Restaurant. Start a Fumigation Business. Tomato Farming.

What business can I do with 500k in Nigeria?

That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.Printing and Publishing.The Building Block Business.Renting Service for Building Materials.Computer Service Center.Farming.Food Processing.Sports Betting.Exportation.More items…•

What is the most profitable business in Nigeria?

List Of Top 20 Most Lucrative Business In NigeriaAgriculture.Sale of Furniture.Making of Fruit Juice.Pure Water Production.Oil and Gas Business.Haulage Services.Hotel Business.Fast Food Eatery.More items…

What business can I start with 100000?

Cab Fleet. You Can Start a Taxi Service with Used Cars or Bikes within Capital of Rs 100000. … Home Automation Services. … T-Shirt Printing.Investment Business. … Stationery Store Startup. … Canteens. … Custom Gifts. … Professional Cameras on Rent.More items…•