Small business ideas in nigeria

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Here are 36 small business ideas in nigeria that you can start. I will give you a list of 36 Business ideas one can start in Nigeria. Most of the business ideas in this article can be start up with low capital, and also, you can do them as a side hustle to sustain yourself with your main work or job.

Some of the business ideas in this post can be done online, while others are offline businesses. If you are interested in a business that won’t take much of your time, I think you should try online businesses with your phone and laptop.

With the current economic meltdown in Nigeria, it is not advisable to have only one source of income. You can choose 2 or 3 businesses on this list to start.

small business ideas in nigeria

You can start a business in Nigeria with less than 5 thousand or for free. You can generate massive revenue from both big and small-scale business ideas.

It is quite clear that the current generation is all about startup ideas. You don’t need to accumulate loads of investment; you can always start with as much as you can and build on it.

If you do not know how to do this, this article will answer your questions.

Keep reading about the hot business ideas in nigeria to make money based on your low investment needs. This list includes lots of online business ideas in Nigeria as well as offline, home business ideas, and much more (including business ideas for women or homemakers).

In no particular order, these are top business ideas in nigeria 2022

1. Content Writing

You can start content writing with zero startups free without any investment. Content writing is probably one of the best business ideas to earn money online. Everyone needs content everywhere, from big companies like Julia, Konga, Indomie, banks, and other top brands in Nigeria to mid-level media startups to bloggers, websites, etc.

In the coming years, content creation and distribution will be even more in demand than today. So If you have a team of video creators, editors, podcast recorders, writers, photographers, and other types of content creators, you have a chance to make it big in the content industry.

Here, the investment is very small or zero, but the earnings are huge. You need your time, skill, laptop or desktop, and internet access here.

Popular content writing platforms that pay in Nigeria include Opera News, Scooper News, Hubpages, and Lodpress.

2. Digital Marketing

The world is constantly moving towards changing norms and methods. Traditional marketing is out of date. With the continuous progress and move towards digitization, people spend a lot online. And this is where digital marketing comes into play.

If you have some experience building backlinks, improving search engine results for web pages, and other digital marketing skills, this is a great time to earn money online through this skill. There are many other areas in this domain, and you can start getting into it from scratch.

Digital marketing has been witnessing tremendous growth lately, which is why it has earned a place in our top 10 small business ideas.

Need for Digital Marketers: In the last few years, digital marketing has changed in a big way. In 2010, the Internet world was much smaller than it is today. Earlier, we had only a few websites, but now the, world-wide-web has millions of websites apart from many social media platforms.

Today, social media is far more complex and involves multiple algorithms. In addition, search engine algorithms are constantly changing since every organization needs a digital marketer to expand its reach and get maximum leads.

Moreover, the Internet is becoming more affordable day by day and present.

3. Coaching Classes

You may have noticed that education is one of the most profitable small business ideas available right now, or you may not have. In today’s competitive environment, every exam needs proper guidance, and everyone wants to do their best in this:

Hence, the popularity of traditional coaching centers. The last decade has also seen an incredible increase in the demand for online educational resources, bringing more and more opportunities to the market. Moreover, the investment here is not that much.

You can teach online, in which you will not have to spend anything, and the entire fee will be your income. Many companies like Udemy, Skillshare, Coursera, Teachable Expertnaire, etc., provide you a platform to teach online and get paid for it. You can join such brands or even start your own.

3. App Development

Almost every website should have an app version to promote and expand its business. Meanwhile, there seems to be a lot of room for growth in this industry—meanwhile, a lot of opportunity and scope to grow in this sector.

You have a lucrative future ahead if you are already learning app development. Don’t worry if you don’t already have this skill. It is easy to master, and many online courses teach it. Once you learn it, apply your knowledge by becoming a freelancer or applying for jobs for people looking for app developers.

In addition, you can build a small business with some other app developers as well. This is yet one of the small profitable business ideas that can be executed from home and requires zero investment. You can get 200 to 500 thousand nairas monthly with your app on the play store and Apkpure.

Read more: How to become an android developer 2022.

4. Professional Photography

If you have a passion for photography, why not start earning as a professional photographer? You can choose a niche in photography and approach it professionally. One of the most profitable places is wedding photography, as weddings are very expensive in our country.

Social media has given a whole new twist to the popularity of photography. Most of the clients hiring photographers for events are now known to hire separate photographers for traditional and candid photography.

Moreover, nowadays, people want a photographer for every event, birthday celebrations, weddings, pre-wedding shoots, engagement parties, etc. Hence, you can make a decent living with this startup idea. Your investment will include your skill, time, and equipment needed.

The fastest method to get gigs in every industry is through social networking. So, share your photos on social media and try to build a strong following. This is the most effective method of attracting customers.

Other influencers and bloggers will soon share and display your images. Otherwise, you can reach potential clients with some samples of your work.

5. Fitness trainer

The world has made a habit of finding all kinds of solutions online, so the case is with fitness training. Many people have health issues and need regular fitness coaching. Many people do not like to step out of the house, and many cannot. So, it’s time for you to provide online fitness lessons!

Also, amid the COVID-19 induced lockdown, people cannot visit gyms and other fitness centers and resort to online fitness classes. You should endeavor to provide online and offline services if you are a gym trainer, nutritionist, or fitness instructor.

Apart from raising your overall income, online fitness training will allow you to reach a larger audience and influence individuals. Many fitness trainers have started with this business startup idea. What are you waiting for?

6. Translation Services

We’ve all heard those dubbed videos, haven’t we? You’ll need a translator to translate video content, text, subtitles, and other media from one language to another. So, if you are good at two or more languages, this is your chance to grow up.

You, too, can start a translation business with a team of writers, translators, editors, etc. Every movie or show needs subtitles in different languages. The subtitle and translation industries are big in the present era. So, it is one of the best options.

You can also work as a freelancer or form a business group. The amount paid in this line is very good. Apart from this, there are many facilities to enjoy in this area:

Flexible working hours, varied and interesting work, excellent opportunities, freelance work, etc., time is one of the investments you need in this, and hence, it is one of the best small business ideas.

You can use Google Translator to translate blog posts, short content, and ebooks into other languages and get paid.

7. Online Teaching

You will agree with me when I say that the COVID-19 pandemic has changed the shape and structure of the world. Well, not literally. But it has certainly affected every sector and industry around the world. Online learning is one of the best businesses to start in the pandemic. People who adapt to changes survive through tough times. More or less, every school and college has adopted online education to ensure the safety of students and teachers.

So, if you are good in any field like teaching a subject, dance, fitness, health, etc., take your classes online. With this, you will be able to reach a bigger audience and earn more. Online learning is one of the best business ideas to earn money.

8. Video Editing

There is a huge consumption of online video content, movies, short films, video commercials, TV shows, web series, and much more. And so, there’s been a need for people who can create, edit, and present such content to the world.

Video editing refers to the art of manipulating video content in such a way that the result is attractive, engaging, and user-friendly. This is a very profitable business idea. But first, you need to be good at editing and creating videos.

You can acquire this skill online and using software like Final Cut Pro, Adobe Premiere, etc. The salary in this field is really good, and if you are good with video editing, you should try this startup idea.

9. Blogging

You can start your career, and there is wide scope for fashion bloggers, food bloggers, travel bloggers, music bloggers, and many related fields in Nigeria.

If you have abundant knowledge about a subject like travel and have traveled a lot, you can share your experiences and write blogs.

Once you’ve made a blog post, all that’s left is a battle of likes and shares. The more your blog is read, the more money you will make.

Read more: how to start  a successful blog in nigeria 2022.

10.Social Media Consultant

Since mass media has become an important aspect of marketing, be it any business, company/organization, or authority figures, they are all very concerned about their goodwill and reputation, which opens up wide scope for social media consultants.

Their goodwill and reputation may be pre-emptively (positively and negatively) affected by social media platforms, which consultants handle. In this way, they earn lucrative income by charging huge amounts from well-known companies.

11. Aquariums and Fishing

This is a very low investment project that you can also start from your home. You need to buy a few aquariums of different sizes and specific types of fish.

You can have special tanks for breeding fish. This way, you only need to buy the fish once, and then you can multiply them by breeding them.

Moreover, you can also sell fish food, air pumps, and decorative items for the aquarium, which will boost your profits. The only thing is that you should have the knowledge and be proficient in handling different types of fish.

12. Pet Care and Pet Food

This business is becoming popular in Nigeria because everyone who has a pet loves it. Pets become like members of their family who are their caregivers. When pet handling people go on vacation or business trips, they cannot take their pets along.

They then look for services that can properly care for their pets while they are elsewhere. If you are well versed and know how to handle pets, this business with low investment is a suitable option.

You can also keep pet food. People who will give up their pets can also buy their pet food from you, which will increase your profit margin.

13. Beauty Salon

This is one of the most popular retail business ideas that many people consider to earn a handsome income. It enhances the client’s physical appearance and provides mental relaxation, due to which everyone comes to the beauty salon.

If you get good and high-paying clients, the profit margin is relatively good compared to many other businesses.

However, before starting this business, there are certain aspects, such as location, skilled and skilled human resources, and the right promotional or marketing strategy to increase your customers and overall sales. You can take space on rent and start this business on a small scale without such a huge investment.

14. Start an Etsy Shop

If you’re a creative person and love making things like art, handicrafts, templates, greeting cards, or anything else, you need to open an Etsy shop now.

You need to open an Etsy account, click your product photos, and list them on your profile. Connect your bank account with it, and you will receive payment for your items right there.

This is a great way to build and expand your presence online. This will give you recognition and a good source of income. It can be thought of as part-time.

15. T-shirt Printing Business

Many people these days pursue customized products: They want customized T-shirts, bracelets, hats, hoodies, bags, etc. Its craze has increased so much that people even want customized bedsheets! So, why not start a business manufacturing customized products.

You can set up this business online where people can choose or give you a design, and then you will manufacture and print these on-demand t-shirts.

Keep in mind that the global market for the T-shirt printing business is expected to exceed $10 billion by 2025. So, this trend is here to stay! You can also export your custom printed T-shirts to other countries with the untapped market.

Read more: how to start shirt printing business 2022.

16. Catering Business

Not everyone has time to cook delicious and nutritious meals amidst their busy schedule. Let’s accept that this is a fast-paced era, and people don’t have much time for themselves. So much so that many people cannot cook daily meals.

Many people get sick and old but on their own. These people are completely dependent on food delivery options. Hence, there has been an increase in the number of businesses providing food delivery and catering business.

Why not cash it in and start your food and drink service or catering service in your locality and city? You can start a home delivery and catering service right from your home. So, it also works as a great business idea to start from home.

Trust me on this; such a business does very well. It works as one of the best business ideas for women and men who want to work from home.

17.Web Development

As a web developer or web designer, don’t just sit with your skills: Redeem it and charge money by creating a website. Even if you don’t know how to build a website, you have many sources to learn from. Get this skill from Udemy, Coursera, or other online legal courses if you’re interested in this field.

You can become a freelance web developer. It would be best to create a profile on Fiverr, Upwork, etc., and take orders from customers. You can also look for such jobs on job searching platforms like LinkedIn. After gaining some expertise, you can earn around 500 000 per month through web development.

You can earn money sitting at home by creating and designing a website, and it is a great way to do business without investment.

18. Drop shopping

Dropshipping involves third-party suppliers who store and ship products to customers on someone else’s behalf. It works great as a low investment business idea because:

Not all companies that sell products can always store them onsite. Such companies and people running e-commerce sites approach people to fulfill orders. This third-party person is a wholesale retailer with a warehouse and runs shipping operations.

This job requires minimal inventory and tools, making for a great business idea with little capital. One variation of dropshipping is eCommerce inventory management. Most e-commerce companies have their warehouse and inventory management systems in different cities.

17. Consultancy Accounting

Accountancy consultancy organizations cope with earnings, taxes, and fees, process staff payroll, and prepare tax returns for business customers.

Billions of online and offline startups are not owned by accountants and could greatly help bookkeeping.

Beginning this form of business in 2022 would suggest growing and becoming profitable in the shortest possible time.

Even less difficult, you can earn by auditing business books and providing accounting consultations for small businesses.

18. Start a house painting business.

Billions of homes are being constructed every 12 months around the globe. Those buildings need painting.

If you could pull the resources and convey painters together underneath s registered painting business, you can make cash for nearby house owners in your United States of America.

Read more: how to start a house painting business 2022.

19. Be a voiceover artist.

As a voiceover artist, your task might be to write down scripts for commercials, films, YouTube videos, or poetic tunes.

You can begin a voice artist business on your very own in 2022. You may have demanding situations operating with customers just to get started.

No longer to worry, but many freelancing sites pay voiceover artists lots of money. They even take on children’s voices for baby roles.

20. Start an interior design commercial enterprise.

You don’t need a diploma in indoor design to start an interior layout business, but having any certification in this field might be a competitive facet for the commercial enterprise.

With such certifications in the vicinity, you can get greater jobs and earn nicely over $50,000 fast decorating the interiors of homes and companies.

21. Copywriting

Copywriting includes writing texts for advertising and different kinds of advertising. The motive of these texts is to grow brand attention and to influence the target audience to take action both: – shopping for products, subscribing to offerings, generating leads.

To get your business up and walking and end up an expert copywriter, you need to have a course in copywriting, and you can buy copywriting courses on Udemy or learn free on YouTube.

But bet what? If you have enough cash to start a business and employ qualified human beings, no person will care about your qualifications.

And you can make more than 5 million nairas yearly writing for businesses on Fiverr, Upwork, Freelancer, and as your agency.

22. Start Instagram blog

Instagram agencies are businesses that you can start on Instagram and develop profitability.

And unlike brick and motor corporations, all you need is huge account followers, a following, and a fascinating niche market.

You can focus on celebrities, gossip, sports, jokes, religion, or any other topic you are interested in. The more Instagram followers you gain, the more your earnings will increase.

23. Start selling on marketplace Apps.

When you have the goods you need to promote but do not have the money to set up a physical shop, you may be part of the shopping on eCommerce apps and earn money by selling your items online.

Examples of market apps in Nigeria include –, Jumia, Konga, Jiji, Olist, and Facebook. But globally, there are bigger apps to sell your products to an international audience; such apps are Amazon, Etsy, etc. Craigslist, eBay, and Poshmark.

You can sell goods for another person and be paid a commission per sale.

Read more: how to start selling on facebook marketplace 2022.

24. Start a consulting service for anything.

If you are an expert in your field, why not start a consulting service in 2022?

In case you take a look at the business at college, become a business consultant – For the ones in accounting, emerge as an accounting consultant, one can also be a relationship and marriage consultant

25. Phone accessories business

A smartphone and its accessories business are one of the profitable businesses to begin in Nigeria in 2022.

Unknown to many, selling phones and especially accessories is very profitable as promoting groceries in the mall. And you can start this sort of business with as little as 50,000 and grow the business over the years. One can buy phone accessories like earpieces, mouthpieces, memory cards, phone batteries, and sim cards with other vital phone accessories.

One tip for success in this type of business is to sell proper and functional phone accessories at affordable prices.

26. Selling Laptops

Selling Laptops is a lucrative business to start in Nigeria. Many people are eager to buy laptops, whether new or used for their different businesses.

One can buy new or used laptops from big wholesale stores and sell them at higher prices. You can make a 20 to 30k profit on each laptop, depending on your selling abilities.

27. Search Engine Optimization (SEO)

SEO skill is one of the lucrative skills or business that is gaining momentum. As businesses are emerging daily, with the competition to be on the juicy first page of Search Engines like Google, businesses are looking for a way to outrank their competitors on Google’s first page.

This involves optimizing blogs, e-commerce sites, and business websites to rank on Google.

You can learn search engine optimization from YouTube, professional courses, and ebooks. Establish yourself as an SEO expert and watch businesses giving you search engine optimization jobs.

28. Plantain Chips

This is one of the sweetest snacks made in Nigeria. You can start it by frying slices of plantain.

Selling plantain chips is easy because you can sell them everywhere, like in parks, markets, shops, events, and ceremonies.

Plantain chips business is easy to start, and you can start it with low capital.

29. YouTube

This is another profitable business you can start. Creating a YouTube channel is easy, just create your channel, choose your niche and start uploading your videos on the channel. As your views and subscribers increase, you can apply for YouTube monetization with 4,000 watch hours and 1,000 subscribers.

Many successful YouTubers in Nigeria are making over a million naira monthly.

Apart from Adsense, you can make money from your YouTube channel through affiliate marketing and selling digital products. You can start a YouTube channel for free.

30. Real Estate Agency

Asset control is one of the quality business ideas in Nigeria that people are not venturing much into.

Real Estate Agents earn a fee for selling houses and shops to tenants, commonly 10% of the property sale.

If you could persuade landlords to sell their properties and bring in cash, you can make huge money connecting Landlords to potential tenants.

31. Start baking classes and earn by teaching newbie bakers.

Most people prefer baked products. But, sometimes, mixing flour, eggs, sugar, butter, margarine, and baking soda and baking does not produce the desired results.

Suppose you are a good baker with experience making Cakes, Candy, Bread, Cookies, Chocolate, Custard, and Frozen Desserts. Then name it, you can start your own bakery business in 2022, and coaching novice bakers can earn.

32. Groundnut Cultivation Business

Most of us in Nigeria believe ‘peanut; is groundnut coated in flour, sugar, and egg coating. However, I will point out that groundnut is more popularly known as ‘peanut.’ Groundnut farming is one agro-business idea that will always sell, no matter the condition.

The reason is that groundnut has so many uses. Groundnut can be eaten as a snack when boiled or fried. You can also use it to produce peanut butter, groundnut oil, and the very popular Nigeria’ kuli kuli’ snack. Usually, any crop with a variety of usage, like groundnut, is very easy to market.

If you can produce well enough groundnut on your farm, you will make so much money selling your produce. You can sell your groundnut produce when freshly harvested to those who prefer to eat or sell boiled groundnuts. Peradventure, your groundnut becomes dry after some time; you can sell them to manufacturing companies and small groundnut processing enterprises.

As long as your area’s soil and climate conditions are good for cultivating groundnut, it would be best if you considered farming some groundnuts next season.

33. Cassava Farming Business

Commercial cassava farming has been a very profitable farming venture for Nigerian farmers. Cassava tubers in very high demand are the raw material for producing ‘garri,’ which is a staple food for the Nigerians. Cassava farming venture is known for its low input- high output nature.

I so much love cassava farming, particularly, and I will not hesitate to advise someone I love to go into the cultivation of cassava. This crop is widely consumed in many African countries and South America also.

Just like groundnut, cassava has also found itself so many uses. Cassava can be boiled and eaten like a yam or processed into flour, chips, garri, starch, and fufu.

Fufu production is one of the most popular uses of cassava. Always consider farm products with a long value chain or a variety of usage before choosing an agro-business venture. The use of cassava as a substitute for flour production is growing rapidly. You should expect that the demand for cassava will grow in the coming years.

Just ensure you follow the steps in this cassava farming guide. You are well on your way to making some cool cash from agriculture.

34. Ginger farming

Ginger is a medicinal plant that is highly sought after in many markets for its medicinal values and aromatic taste.

The crop is mostly grown in tropical and subtropical regions of the world, and it comes with a lot of health benefits, including relieving muscle pain, nausea, and constipation.

You can grow large quantities of the ginger plant and sell them off freshly harvested, dried, powdered, or use them to produce ginger juice. Another way to make money from ginger is through foreign exchange.

In a recent report, China is the world’s largest exporter of ginger, yet there is still a high demand for the crop in the foreign market. You can also process ginger into foods and cosmetics.

35. Mushroom Farming

Mushrooms are naturally occurring fungi that can give you a lot of money.

The profitability of mushroom farming in Nigeria is so much that if you invest in this agribusiness, you will no longer have money complaints.

Mushrooms are a rich source of vitamins, protein, and minerals. Most people prefer to have mushrooms in their meal to having meat or even fish considering their nutritional value and superior health implications.

Even though mushrooms are highly profitable, not all mushrooms are edible. Some are non-edible and are poisonous to man when eaten.

Don’t just dabble into the agribusiness; make sure you receive adequate training on mushroom farming to distinguish between the edible and non-edible mushrooms.

You will also learn how to cultivate mushrooms to produce massively correctly. Growing mushrooms deliberately to eliminate the possible danger of gathering the poisonous mushroom type is vital.

Before you start the business of farming mushrooms, you must have a dark shed or room for the mushroom. The reason is that a mushroom is not a green plant with undergoes photosynthesis. Therefore, it may not need so much sunlight to produce.

Other requirements include sawdust, Polythene bags, and Spawns/mushrooms seeds. You will also need Urea/nitrogen fertilizer, Lime, water, a ceiling machine, a weighing scale, and a Refrigerator for storage.

36. Rice Cultivation

Rice is one cash crop eaten by every Dick and Harry in all parts of the world. Many races’ wide acceptance of rice has made it a highly coveted food in many homes and has increased its demand.

There are different varieties of rice in the market today, but you don’t need to be afraid about whether you will sell or not. Different people have a different variety of rice which they prefer to eat. Some prefer the local Abakiliki rice or Ofada rice in Nigeria.

Many other people may prefer to have imported long or short grain rice from Thailand and other foreign countries. The fact remains that there is high demand for varieties. Rice is best grown in a swampy or waterlogged area.

 Conclusion

Those are 36 business ideas you can start in Nigeria in 2022 and make money. Select any one of them and set up; check how much is the minimum capital required to set up.

I will advise you to start an online business as they are easy to start, with little capital, and have a low probability of loss. Choose a business to start this year, 2022.


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