15 Business You Can Start With 300k Naira in Nigeria
Despite the current economic situation in Nigeria, it’s not a challenge that some businesses can start with N300k. So, consider this question, what business can I start with 300k in Nigeria? Check out the following lists:
What Business Can I Start With 300k in Nigeria?
1. Football Watching Center
Nigerians are crazy about football. But, most can’t afford a monthly TV cable subscription for sports channels. You can offer a football watching center with N300k. All you need is an open space, a large screen TV or projector, and a cable TV.
2. Recharge Vouchers
Selling recharge vouchers is fast-selling with small capital. This business investment can be charged to the selling price of the recharge cards.
3. Mobile Phones Accessories
Selling mobile phone accessories is certainly profitable. They are used a lot and always available in the market.
4. Selling Foodstuffs
The foodstuffs (rice, beverages, Garri, nuts, etc.) business in Nigeria is promising. So, rent a shop, find a distributor, and start selling.
5. Cosmetics
Cosmetics and personal care products are great opportunities. More and more Nigerians are aware of their health and beautiful skin because of social media influences.
6. Hair Extensions
Hair extensions business is increasingly in high demand. About 70% of Nigerian women over 17 yo are using wigs and hair extensions in their daily lives.
7. Boutique
The fashion industry will continue to thrive in any economy. Including for Nigerians who have a basic need for fashion items.
8. Cooking Gas
One of the timeless home business ideas is selling cooking gas. Cooking gas is certainly “popular” and needed every day. Especially amongst housewives for their daily cooking purposes.
9. Livestock Farming
Livestock farming business is very profitable in Nigeria. Such as rabbit farming, snail farming, goat rearing, etc. is an example of an easy business to start with.
10. Real Estate
The real estate business in Nigeria can be done with only N300k. With that much capital, you can buy and rent cheap apartments in the Lagos area. They are worth about N150k, which you can rent out to others for N200k.
11. Web Designer
Web designers are for those of you who have the ability to make website designs. It’s a great opportunity to sell your designs online for many businesses in Nigeria.
12. Forex Trading
Forex trading is trending in Nigeria. With N300k, you can start investing in Forex. You must understand the huge and unlimited profit opportunities from the Forex system.
13. Blogging
Blogging is an easy business to start. If you’re good at writing, you just need to create a blog site. Then, share them to websites that pay for people’s blogs.
14. Affiliate Marketing
With the convenience of an affiliate marketing business, not only with N300k capital, you can also start for free. Just promote the products or services of a company or brand. Then, get a commission from each purchase.
15. Rental Services
You can start a rental service for various events for cheap in Nigeria. You can start renting chairs, tables, etc. for weddings, graduation ceremonies, etc.
Final Thoughts
Either offline or online, there must be one or two business ideas in Nigeria that suit you. When you ask yourself, what business can I start with 300k in Nigeria? Look for the answer above!
