1.Real Estate
The real estate business in Nigeria is huge. The Country, Nigeria
has a population of about 200 million with about 17 Million housing unit
deficits,then smart investors will know that it is a fantastic sector to invest, coupled
with the fact that shelter is one of the basic necessities of Life. Besides, properties are expensive in Nigeria most especially in Lagos, you can buy cheap landed property or house and sell it double the price in about six months or a year.
Really, any aspect of real estate is profitable in Nigeria.
2.Finance
Nigeria is still grossly under-banked and access to credit
and financial solutions are still largely not for everyone but the few. So the
market is there especially the retail end, though a lot of the financial institutions
are looking towards that side, but with huge population there is still room for
everyone that is interested to invest and play in that sector.
In fact, some Nigerian Billionaires made their fortune from
financial business, which should tell you volume.
3 Oil and Gas
Nigeria as a country is Oil rich. No 1
to 10 richest Nigerians are mostly into Oil business. Anything oil and gas
business is good –upstream or downstream in any capacity, you can always make
good money.
4.Telecommunication
Telecommunication
is another good area because people need to communicate that is why you see recharge
cards dealers everywhere. It is said that over 125 Million Nigerians are GSM
subscribers.
So at any
level you play providing related services to 125Million people then you know
that is a multi-billion Naira market.5.Commodities
These are essentials all sorts of commodities- soap,
toothpaste, sugar, salt, toothpick etc. In fact this business is unbeatable. No
wonder Aliko Dangote is a billionaire.
You can start right away, look for wholesale suppliers or source
all over Nigeria, repackage it and start selling to millions of Nigerians.
6.Internet Business
Anything on the internet is worldwide – founders of
Google,Yahoo,Facebook,Amazon,Ali Baba etc are all Billionaires. The reason is
because they are serving billions of people around the world. Even Nigerian
Internet Entrepreneurs are making good money. You can start a blog, an online
store, dating website etc.
7.Transportation
In Nigeria good transportation is a big challenge. The
transportation system is so poor because most of vehicles are managed by the
illiterates, the vehicles are bad and customer service is poor. The government
investment in this sector is also not enough. Investment in this sector is 100%
percent return guaranteed if you manage it well. Either you are investing in
haulage, Taxi or shuttle buses.
8.Energy Business
Energy business is also a good one. Especially power
associated business like Inverter sales and services, Solar power business,
rural electrification, power related product sales like meter, cables,
transformers, electricity cards etc. Whichever area you can play to provide
service, because this sector is highly lucrative and it is an essential service
business.
9.Construction
This is another good business. If you are a civil engineer
or a builder you can start a construction firm if not you can be selling
construction materials like Cement, Tiles, Doors and so on
10.Agriculture
This is it. Right now in Nigeria Farmers are now making money
especially the ones that are exporting their products. Nigerians are now awake
to the huge potentials in this sector and the present government is paying
unprecedented attention to the sector. I tell you it is a money spinner.