Hot Emerging Business Opportunities in Nigeria
There are lots of businesses in this world but few are explored. Narrowing it down to Africa or Nigeria to be precise, there are lots of emerging business opportunities knocking at every door on a daily basis. Only a few people are wise enough to grab hold of these opportunities. Are you one of them? If “Yes”, then pay explicit attention as I list the top hot emerging businesses in Nigeria, in this article today.
These are hot emerging business opportunities every serious Nigerian entrepreneur should do well to take advantage of, right now:
The e-commerce business is quite a money maker and the majority are making money from this venture. You’ve heard about Jumia Nigeria and Konga? Yeah! they’re making countless cash from the Nigerian market, nevertheless, they aren’t of Nigeria origin. This is often an emerging opportunity space in the Nigerian economy that’s nevertheless to be absolutely realized. These days, more and more individuals prefer purchasing online as a result of its additional convenience and offer you a higher chance to form smart decisions in your buy. The pay on delivery possibility is even making it much more easier as you get to see your order before paying. For those interested in owning a professional E-commerce website, you can contact Geeny Nig – Web-design & Digital Marketing Company in Nigeria.
You can sell your goods on these various e-commerce websites in Nigeria:
1. Snacks Making:
The consumption of snacks in Nigeria doesn’t require age, class, tribe or faith. Snacks are literally consumed by everybody as a result of could be a major food in Nigeria. Those who are too busy to prepare a daily meal tend to take a snack to sustain them. A snack is served in virtually all occasions like in ceremonies, meetings, birthdays, firms and organization. Starting a snacks making business could be a specific choice. Because of the high demand of snacks, there’s perpetually a chance of maximizing your profit from the sales of snacks like chin chin, doughnut, little chops, fish rolls, plantain chips, meat pies, and alternative snacks that are extremely consumed.
One exciting issue regarding this business is that despite the hardship of the economy the business isn’t affected as a result of individuals can perpetually eat snacks every day even when the costs increase due to the value of the raw materials.
2. Bakery Business
Bread making is one of the most popular food staples in most parts of the world. It is highly consumed across the globe by the majority. Enticing by the lovely smell and taste of bread, especially when it is baked freshly. Bread is known for being the quickest and cheapest food to get your hands on in time of hunger. You’ll strongly agree with me that that starting a bread bakery business anywhere in the world is going to be a profitable business. About 20 million loaves of bread are consumed on a daily basis in Lagos. While the Americans consume up to 53 pounds of loaves every year. Over 500 billion loaves of bread are consumed globally every week.
This video will teach you how to make a sweet white bread with the bread recipes involved, in case you want to learn.
3. Farming Business
The farming business in Nigeria has taken a positive turn to an improved direction in recent years. This has created job availability and opportunities for entrepreneurs venturing into the farming business. A lot of Nigerians are becoming millionaires through the farming business I and there is certainly no limit to the prospect of wealth creation through farming in years to come. There are reasons why farming in Nigeria is great. Getting these reasons will enable you to think seriously about commencing your own farm in Nigeria.
4. Owning a Cyber Café
The demand to remain connected to the rest of the world is quickly on the rise. And also, the cost of browsing on the internet continues to be on the high side compared to what is obtainable western world. Therefore, creating a cyber café as another alternative for internet users is an investment opportunity for entrepreneurs. This business can be started on either a little, medium or massive scale. However, I will recommend a large scale because that can be a competitive edge for you in this business as customers won’t like to be kept waiting. Customers of this business demand speed and economical service and most especially; they’ll need a system to use anytime they arrive, to surf online while not having to attend in line.
What Do I Need To Start A Cyber Café?
If you are to commence your cyber café business, you’ll need to have:
1. A Business Location:
This is obviously a shop for your cyber café business of which you’ll set-up all your gadget and peripherals for customers use. This location must be on sight, so as to attract passer-bye and create publicity for you automatically.
2. Computers & Peripherals:
The computers and gadgets are the basic things for a cyber café business in Nigeria. After getting a business location this is the next vital piece of the plan, ensure to get a good and quality desktop computer which will consist of the monitors, C.P.U, keyboards, and mouse. Though that is not really all the gadgets needed, there are still things like extension wires, fuse, Wi-Fi card, ISP (Internet Service Provider) for browsing and more.
After you must have set-up the business, you’ll need someone or people to manage it. If you wish to do it yourself no problem but ensures to get more hands to assist you on the job. These extra hands should be available for support and complaint purposes in case customers need something or are finding trouble with something or require assistance.
Tailoring in Nigeria has always been belittled but some Nigerian tailors still strike a sense of taste in the tailoring business in Nigeria. The tailoring business is wide with totally different branches, but there is an alarming demand for tailoring services in Nigeria. The great part of venturing into the tailoring business is, it makes the tailor become faster on the job and enables efficiency in planning. You’ll get to be a better tailor by doing the same type of work every day. The business might look unreasonable at the start. But due to your professionalism and efficiency, people will come from an even further distance to patronize you.
6. Waste Recycling:
The waste recycling system is on the run to take over in Nigeria. This business is a money maker which you need to embark on now. First, try to learn and understand the waste recycle business. Because with adequate information on the business, you can make a huge profit. It’s ironic because peoples waste is your profit. in that sense, try to conduct a feasibility study to determine the type of waste recycling business to start with.
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