20 Daily incomes Business in Nigeria 2022
In this article we shall discuses 20 daily incomes business in Nigeria to make money on the side. If you are looking for a profitable business to set up, check this post out, it is for you.
Nigeria is one of the countries with the fastest-growing economy in Africa, but the issue of graduate unemployment in Nigeria has become a major concern as the unemployed youths tend to be more depressed every day.
There are many profitable business opportunities you can set up in Nigeria and make serious cash daily. Some of them can be done online, others can be run offline and physically.
This list is one of our top fifty business ideas in Nigeria article series where you’ll find different business opportunities to start on the side as a side hustle.
In case you want to start a business, but you’re short of ideas, below are 20 daily incomes business in Nigeria.
List of Daily incomes Business in Nigeria 2022
1. Open a Frozen Food Shop
2. Cosmetic Store
3. Freelancing
4. Cooking Gas Business
5. Pastry and Baking
6. Okrika Business
7. Manufacturing and sales of detergent
8. Ice block business
9. Jewellery Design and Making
10. Skin Care Business
11. Boutique
12. Set up Eateries and Restaurants
13. Plantain Chips Production and Sales
14. Fashion Designer and Tailoring
15. Mobile Food Business
16. Call Card Business
17. Hotel Business
18. Dry Cleaning Business
19. Tracking & Security Services
20. Exportation Business
1. Open a Frozen Food Shop
Starting a frozen food shop is one of the top business ideas for ladies in Nigeria. A frozen food store is a retail outlet where different frozen foods are sold, and it is a business that can be started in any location in Nigeria.
The frozen food business is also a business that picks up quickly. Though, it comes with some level of risk. The problem of electricity experienced in the country also adds up to the cost of running the business.
So, in setting up the business, one should consider some factors very carefully. If you are able to get everything properly done, you are sure of good patronage and profit.
The average standard frozen food store makes #70,000 – #150,000 or more profit monthly.
2. Cosmetic Store
Next on my list of business ideas for ladies in Nigeria is operating a cosmetic store. There are varieties of beauty products that are seen in stores all around Nigeria.
The cosmetic beauty supply business is one of the businesses that can’t go out of fashion, because of the role it plays in society. Everyone uses some cosmetic products, for example, soap, shampoo, deodorants, pomade, perfume, hair dye, and so on.
Depending on the scale you want to start, the start up capital for this type of business can be between #50,000- #100,000. You can start your own cosmetic store now and then grow bigger.
3. Freelancing
Freelancing either full-time or part-time is one of the biggest online business ideas for ladies in Nigeria, most especially for graduates writing for blogs, newspapers and other online media outlets.
This can fetch a lot of money, especially if you write for big companies. You can start today by contacting your preferred company through email, introduce yourself and tell them of your services.
Freelancing could come not only in writing, it could be graphics design, web design, coding, etc, only if you’ve got the skills.
4. Cooking Gas Business
Another thriving business idea for ladies in Nigeria is selling cooking gas. Presently, we are seeing changes in the consumption of cooking gas.
One of the problems of Nigerian society is the lack of electricity. Although, most people would prefer to rely on electricity in their kitchens. A lot of these people, therefore, substituted with kerosene
Most people are seeing the usefulness and convenience of cooking gas, which is arguably a better alternative to kerosene, because not only does it cook food faster, it is also ultimately cheaper.
You can supply cooking gas to retailers, or you become a retailer and refill gas for end users. This business is very lucrative and it does not cost much to start. You can start small and grow big.
5. Pastry and Baking
Any kind of food related business is always profitable, especially when the business model and strategy is well taught out.
Talented bakers can charge higher rates for custom made goods, such as birthday cakes or wedding cakes. If you enjoy cooking and want to make your first business around it, then you can start a baking business, where you sell specific items or custom creations for events outside your home kitchen.
Pastry consumption is huge hence it is a good business idea for ladies in Nigeria.
6. Okrika Business
Okrika is also known as Tokunbo can be used for clothes, footwear (slippers, shoes), bags mostly imported from other countries like the USA, UK, Italy, etc.
Okrika business means a lot to so many people especially the youth, the low-income earners and fashion freaks.
Selling Okrika wears is one of the best business ideas for ladies in Nigeria. It is a business that anybody can do with a reasonable amount of certainty for-profit and low risk of business failure. The most interesting part about this business is that it doesn’t require huge capital to start. ,
You can start it with a small capital as low as #5,000 and grow your business over time. Okrika product is mostly affordable compared to new ones, and that has been the major reason why people choose to buy the products.
7. Manufacturing and sales of detergent
Another popular business idea for ladies in Nigeria is the sales of detergent. In recent years, demand for detergents has increased as with the growth of the population.
Detergents are some of the most useful products in every home, rich or poor. But most of the known brands producing these items sell them at a price that many households in Nigeria cannot easily afford.
If you can make the required sacrifice to learn the skill, you could start making your own detergent. To start with, you can sell to your friends and families.
With the right business mind and experience, and knowledge, you could expand your business and grow to become a brand that will be reckoned with.
8. Ice block business
Nigeria is located within the tropical climate region with an abundance of heat and sunlight. Unfortunately, the electricity supply is very poor, making it difficult for homes to maintain adequate stock of cold water in their refrigerators. This is what makes ice block production a money making business in Nigeria.
People require ice blocks to keep their water and drink cold. Your strategy includes households around your neighborhood, retail shops, restaurants and bars that need to keep their drinks ice-cold at all times.
9. Jewellery Design and Making
This is one of the business ideas for ladies in Nigeria that you can quickly market through word of mouth referrals.
Bead-making is a very lucrative business, and it has a lot of money-making potentials. Beading does not require a lot of space or significant technical training, making it is a very accessible home business option.
Bead necklaces and hand-made jewellery are extremely popular in Nigeria, so if you are the type who know how to design and make jewellery, you can start making money from it.
With a little creativity, anyone can make beaded jewelry. To get started, you can take two weeks training course with any fashion house on bead making.
10. Skin Care Business
Creating and marketing skin care product line could be a great business idea for ladies in Nigeria.
There’s a lot of emphasis on natural, organic products these days, so a skincare line that is effective and of high quality could be a wise decision in terms of consumer acceptance.
When launching a skin care line, focus on the type of products you want to make. For example, you can make soaps, bath salts, aromatherapy blends, lotions or some combination of products. Even with a minimum budget, you can buy made organic skin products and attain glowing skin.
11. Boutique
Boutique store is a business idea that is quite lucrative, and the good thing about it is that you can start it as a small scale business if you like.
The clothing store (boutique) industry comprises small retail stores that sell a limited range of clothing and accessories.
Clothing stores can be strictly designer based (i.e. only one designer’s collection is sold there), or they may sell a mix of designers’ labels (brands).
12. Set up Eateries and Restaurants
Next on my list of business ideas for ladies in Nigeria is starting a restaurant business. People want to eat good meals, but their busy schedules don’t allow them to cook.
By making meals that are ready to eat, you can establish a large customer base. This can eventually lead to a restaurant and other business options.
No matter what size restaurant you are thinking of opening, location is one of the most important factors (if not the most important factor) to consider.
Not every available space is right for a restaurant. A good restaurant location is hard to find whether, in an outdoor mall, sports venue, parks or any location attracting large groups of people, food kiosks are a must.
They can be as simple as selling cold water, drinks, and packaged snacks. With the right location and the right offerings, you will be guaranteed to get customers.
13. Plantain Chips Production and Sales
If you’re looking for business ideas for ladies in Nigeria with low capital, you should really consider this business. It is a type of business you can start with #5,000 or even less.
Plantain chips business gives immediate cash and you can never be broke as long as you remain in the business.
For example, if you buy plantain worth #1,000, you get a gross profit of about #3,000. After deducting your cost of sales or cost of production, you are sure of having a net profit of at least #1,500.
Here are a few tips to start your business from scratch
Capital: Start with what you have. Many people are discouraged from starting their own business because they think they need huge capital to start. With #30, 000 or less you can start on a small scale
Know your scope: You have to choose the type of business that you want to specialize in, such as earrings, rings, necklaces, handbags or a combination of all.
Decide how to get your supplies: You have the option of making your pieces from scratch, if you have the tools and the necessary training to do so or you can buy your materials from the market.
Think of a creative name for your business.
Make it legal: Register your business name with Corporate Affairs Commission (CAC).
Create marketing materials: Get business cards, which you can hand out to your friends and families
Start: When you are ready to start selling your products, take them to family gatherings, offices, shops, social events etc. It may be a challenging task at the beginning, but it will pay off. You are the best marketer for your goods.
14. Fashion Designer and Tailoring
This is one of the skill-based startup home business ideas that you can start in Nigeria today.
Once you have acquired this skill, boom! You’re ready to cash out.
Tailoring is now even more lucrative than it has ever been.
People sew new clothes really often and tailors are highly responsible for this.
Some tailors even advertise their work online using an online marketing strategy that works to attract customers.
Yes, some people do this. This is a daily income business in Nigeria that anyone can venture into.
15. Mobile Food Business
Have you ever asked, what are the fastest-selling products in Nigeria? Food is a fundamental need of man.
Whatever class a man belongs in society, he needs food. Hence, the food business will always be a profitable business in Nigeria.
The mobile food business is one of the street food business daily income business in Nigeria that is very profitable.
Most people especially bachelors do not have enough time to cook at home.
This is when the services of a Mobile food vendor is essential. The mobile food vendor might deliver the food in the office or any chosen location.
People eat every day, and most times, junk food is always out of the equation.
As a mobile food vendor, try as much as you can to be different by focusing on a niche and scaling at it.
Then your customers will always come back and even recommend you to others.
16. Call Card Business
Almost everyone owns a mobile phone and definitely will need call cards in them.
You could sell call cards anywhere. In your hostels, offices, besides the road, at restaurants and eateries, etc.
Knowing that people mostly have access to these places. It’s a lucrative business anyone can start in Nigeria with little capital.
Also, the call card business idea is great for teenagers in Nigeria to start.
17. Hotel Business
The hotel business is one of the untapped businesses that are really lucrative in Nigeria.
People travel every single day for various reasons and they’ll definitely need a place to lodge either for a night or for as long as he/she so desires.
And of course, we all know that it goes for a fee.
Hence, a hotel business will always be a profitable business to start in Nigeria.
18. Dry Cleaning Business
Some people just like doing the laundry and aren’t just tired of it.
If you’re this person, why not channel that passion into something that you can be earning from?
Now, washing and drying machines have even helped in making the work easier.
The dry cleaning business is very lucrative because people will always patronize you.
Not everybody has the time to do their laundry probably because of work or they’re not just free to do it.
Hence, you can start a dry cleaning business in Nigeria today.
19. Tracking & Security Services
With the level of insecurity in the country, starting a tracking and security business is a fast way to become rich in Nigeria.
The sales of CCTV cameras, car tracking devices, alarm systems, security gadgets, mobile trackers, and other security gadgets have proven to be a lucrative business in Nigeria.
We recommend this business to anyone that has a passion for security and safety.
20. Exportation Business
Perhaps you are thinking that no such thing as an exportation business in Nigeria. Let me burst your bubbles, export in Nigeria still exist and highly profitable businesses to invest in Nigeria.
Exporting raw materials such as cocoa, yam, vegetable oil, cassava, palm oil, textile, groundnut etc are some of the most profitable international trades in Africa.
These items are still very much in high demand in the global market. Hence, you can start exportation business in Nigeria and succeed at it.
If you are seeking a buying and selling business in Nigeria that is successful, then consider the exportation business.
In conclusion, if you’re passionate about owning a small business, go out there and get started.
Only you, however, can consider your background, skills, knowledge, and funding possibilities to determine what kind of small business is most realistic for you to start. Hope you enjoyed this post on 20 daily incomes business in Nigeria.
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