Business To Start With 50k In Nigeria

Business To Start With 50k In Nigeria

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What business can I start with 50k as a lady or student online?

That is a question most people ask.

You too may have equally asked that question too.

Or, you may be wondering to yourself right now:

Can I start clothing business in Nigeria with 50k?

On the other hand, you may not even have any idea of a specific business to do. But you are looking for ideas that are simple, straightforward and stress-free.

Whichever it is, today is your luckiest day.

Cos, you are about to  discover profitable small business ideas you can start with little or no capital as a student or lady in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria 2023 / 2024.

As a matter of fact, this post discusses in detail 21 lucrative businesses you can start with 20k, 30,000, 50k, 60k 70k, 80,000, 100k, 150k or even 250,000 naira in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria.

In This Article

Table of Contents

So, without further ado, let’s get into it right away!

Business To Start With 50k In Nigeria

secret websites to make money from home Here are the specific areas we will cover in this post.

Business To Start With 50k In Nigeria #1: Start Promoting Cryptocurrency / Forex Trading Business To Other People 

Business To Start With 50k In Nigeria #2: Start CPA Marketing & Earn Between $500 To $5,000 Dollars Monthly

Business To Start With 50k In Nigeria #3: Launch A Digital Publication & Earn Between $3,000 To $10,000 Dollars Every Month

Business To Start With 50k In Nigeria #4: Start Freelancing & Earn Over $2,000 Dollars Monthly

Business To Start With 50k In Nigeria #5: Earn 6 To 7 Figures EVERY WEEK From Affiliate Marketing

Businesses To Start With 50k In Nigeria #6: Become a Social Media Influencer and Rake in Millions Every Month

Businesses To Start With 50k in Nigeria #7: Start An Online Training Center

Businesses To Start With 50k In Nigeria #8: Start An eCommerce Website / Online Store / Mini Importation Business Dealing In High In Demand Products And Make Over 150% Profit In Nigeria

Businesses To Start With 50k In Nigeria #9: Sell Your Graphics Designs Online

Business To Start With 50k In Nigeria #10: Start A Data Subscription Reselling Business Buying At Ridiculously Low Prices & Selling Them At Over 30% Profit

Now that you know what this post is all about, let’s begin the discussion proper.

Business To Start With 50k In Nigeria #1: Start Promoting Forex Trading Business To Others

Top on our list of the best 21 wildly lucrative and profitable businesses that you can start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria is…

Promoting the forex trading business to other people.

This is like affiliate marketing and you do not need to invest any money in the business.

Therefore, if you are someone who is scared of gambling with your money or losing it to the volatility and uncertainties of the forex market…

Then this is just the right business for you.

To show you just how lucrative this business is, a digital marketer known as Michael Olatunji stumbled upon this simple system to earn in dollars about 3 years ago and he was shocked.

Since then he has been using this system to bank home between 1,000 to 5,000 dollars consistently every month.

But, he is not doing it alone.

Hundreds of his students are also using this system to bank home thousands of dollars steadily every month on various forex trading platforms.

The most beautiful thing about this business is that…

  1. The business is super easy to start and operate – the learning curve is short and narrow.
  2. You do not need any degree or special knowledge to do this business. Anyone can do this – even if you are a woman or lady and you are 19 of 99!
  3. It pays in dollars and earning just one thousand dollars consistently every month is enough to turn your life around for good, no matter the price of fuel – even if it is 2,000 naira per liter!

The best part is that you will not be doing any tedious or stressful work like recruiting or pursuing people up and down to buy products endlessly which in most cases they really do not need.

All you need to do is simply to promote the forex trading business to other people…

Using some secret recipes and strategies which Michael Olatunji refers to as “the backdoor system”.

Read Also: Best Business To Start With 1 Million Naira In Nigeria

When those you introduce to the forex business invest their money in the business, you get paid – in sweet-smelling crispy dollar notes!

So…

Would you love to learn how to pocket between 1,000 to 5,000 dollars every month without trading or investing your money in forex, stocks crypto, NFTs or even Bitcoin?

If you answered “YES” to that question…

Then get the powerful course by Michael Olatunji now.

To get this powerful course and get started right away…
Click the following link: 👉 A Former Broke Eccentric Nigerian Millionaire Reveals How He Pockets $1000 – $5000 Every Month from The Global Financial Market – Without Trading Or Investing His Money In Forex, Stocks Crypto, NFTs or Bitcoin

Businesses To Start With 50k In Nigeria #2: Start CPA Marketing & Earn Between $500 To $5,000 Dollars Monthly

CPA marketing is another powerful business that you can start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira as a lady or woman in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria.

You may be wondering to yourself: what is CPA?

CPA means cost per action.

Simply defined, CPA is an online advertising measurement and pricing model which refer to a specified action. Examples include generating a sale, performing a desired action like a click, or submitting a form.

The simplest way to understand CPA is this:

An online advertising agency may require that participants in their advertising system submit x number of answers to a survey and get paid y amount of dollars.

When a participant successfully carry out that action, he or she gets paid the agreed amount of money.

Plain and simple.

Take note that CPA is not like affiliate marketing where people must buy the product for an affiliate marketer to get paid.

With CPA, no one needs to buy anything.

That is why this is one of the fastest and easiest ways to make money online – irrespective of your location anywhere in Nigeria or the world at large.

The simple 3 step process which CPA marketing entails are as follows:

STEP ONE: Register with one of the best CPA networks that have the highest-paid offers.

STEP TWO: Select one of the hot offer that pays $50 per Lead to promote. Then build a high converting landing page for it.

STEP THREE: Use a unique strategy to get $100 ads credit from Bing and use it to set up your campaign.

Then, use the $100 ads credit to promote the offer.

That is how an internet marketer was able to generate 13 qualified leads within a week and made $650 in his first week with CPA Marketing.

Just like that!

At today’s exchange rate, that is over 500,000 naira.

That is why CPA marketing is one of the most lucrative businesses to start with little capital and make money fast from home.

So…

Would you love to start a CPA marketing business and earn in dollars today?

If your answer is “YES” to that question…

Then ClICK the LINK BELOW to learn how to get started right away.

👉 Discover: How I Made Over $4,053 And How You Can Duplicate My Unique CPA Secret Code & Strategy To Make $100 to $500 Daily From CPA Marketing

Businesses To Start With 50k In Nigeria #3: Launch A Digital Publication & Earn Between $3,000 To $10,000 Dollars Every Month

You may not have heard of digital publication.

But, it is another high paying business that you can start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria.

By the way, a digital publication is another name for electronic or online publishing.

It is  a system by which documents like newspapers, magazines, journals and books are distributed via various online formats.

Through this means, any publisher of physical documents who desire for people to view, download, manipulate, print and even share his information online can do so by transferring such information into digital formats for people to access on the internet.

By making those materials available for people online through various digital formats everyone interested in having access to them can do so anywhere in the world via different devices.

Some of these devices are as follows:

Computers
e-Readers
Tablets and
Smartphones

Other forms of content that a publisher can share through digital publishing include videos, podcasts, infographics, and digital animations.

Frankly speaking, digital publication is one of the best businesses to start with 50k in Nigeria today.

Some of the ways you can make money with digital publishing are as follows:

1. Advertising on your blog

2. You can write a book and sell it on your blog and at online marketplaces like Amazon

3. Join affiliate marketing and network marketing companies and promote their products and services on your blog  for an affiliate commission or bonus.

Starting a blog and vlog costs little to nothing. All you need to succeed is to create great content in a niche that is in demand with lots of people.

And you do not even need to know how to write before you can start a digital publication in Nigeria and make money with it.

There are various places online where you can outsource the creation of your content to other people for a few naira notes.

So…

Are you ready to start this wildly lucrative business and begin earning in dollars from your home in Nigeria?

If so…

Click the link below to learn how to get started with this mind-blowing business right away.

👇 👇👇👇 👇
Click HERE to LEARN HOW to Collect $654, $918, and $1,200 a Month In As Little As 60 Days Creating Medium-Content Books, Short Stories, and 20-45 Paged Documents By Using My little-known MHC System…

Businesses To Start With 50k In Nigeria #4: Start Freelancing & Earn Over $2,000 Dollars Monthly

Another high paying and profitable business that you can start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria is freelance marketing.

Freelance marketing, as the name suggests, is a business which involves the offering of one’s time and resources for the performance of various tasks to people on the internet.

The people who offer themselves for this kind of work are known as freelancers.

Similarly, the websites which makes it possible for freelancers to showcase their services on the internet are known as freelance marketing websites.

In other words, freelance marketing websites act as the meeting point for freelancers and those looking to hire them meet and perform a trade.

Freelance marketing has been on for some time but it is only very few people that are aware of the business.

And an even fewer number of those people are actually making money with the freelance marketing business.

This is because there are secret strategies that can help you succeed super fast with the freelance marketing business which the majority of freelancers do not know about.

You may be wondering whether freelance marketing is for you.

If so, here are some reasons why you should consider starting a freelance marketing business today:

1. The business is super easy to start and operate. It does not require a college degree or any special knowledge.

2. You are your own boss and not answerable to anybody.

3. You can do the business from anywhere in the world, that includes Lagos, Abuja and Port Harcourt.

4. You do not need to rent a store as is common with the brick and mortar businesses.

5. This is not a seasonal business and there is a ready market for freelance marketing services.

6. Freelance marketing is one of the few businesses which requires little or no capital to get started.

7. The best part is that the business pays out in dollars.

The only thing which you need to do to guarantee the success of your freelance marketing business super fast is a reliable guide to take you by the hand and teach you the nitty gritty of how to get things done very quickly.

Popular websites to make money from freelance marketing include Fiverr, Upwork, SEOdesk and others.

However, knowing where to go to for freelance marketing services is JUST ONE of the many things you need to know in order to be successful with the business.

Without certain secret strategies and techniques, you cannot work successfully on these freelance marketing platforms. You will only end up struggling from one month to another on those websites.

And that is why only a few Nigerians are making it with this business.

So…

Would you like to be among the very few Nigerians who are making it with the freelance marketing business in Nigeria?

If so…

Click the link below to learn how to get started with this mind-blowing business right away.

👇 👇👇👇 👇
Discover The Hidden Secrets A Once Frustrated Nigerian Uses To Rake In As Much As N5,000,000 Yearly Freelancing Without Leaving The Comfort Of Your Home In Nigeria

Businesses To Start With 50k In Nigeria #5: Earn 6 To 7 Figures EVERY WEEK From Affiliate Marketing

Affiliate marketing is another one of our top 21 best businesses to start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria

Like freelance marketing, the affiliate marketing business is not a new business in Nigeria.

One great thing about the affiliate marketing business is that it allows you to earn in dollars. Similarly, you can also earn in naira too.

Some of the popular international affiliate marketing companies are Clickbank, Commission Junction, Amazon, JVZoo, to mention a few.

On the other hand, among the popular affiliate marketing companies in Nigeria is Expertnaire.

The company was established in 2018 by a young Nigerian internet marketer by name Toyin Omotoso.

Without a doubt, the affiliate marketing business is a great way that you can use to start earning money quickly and easily from your home in Nigeria for 5 simple reasons.

  1. You do not need to own or create a product of your own to get started.
  2. You need very little startup capital. Matter of fact, you can get started with as little as 80,000 naira.
  3. You do not need to hire a shop or pay any office assistant to operate the business.
  4. You can operate your affiliate marketing business from anywhere in the world.
  5. You can start with just your smartphone and you can start TODAY.

Another great reason why affiliate marketing is a business of choice is that, like freelance marketing, it is not a seasonal business.

And you can easily earn over one million naira monthly from the affiliate marketing business from the comfort of your home in Nigeria.

To show you just how profitable affiliate marketing is, a young man named Eniola Samuel Oluwadare Made Over ₦8,150,000 ($10,000) in Just 16 Days Living in Nigeria without spending a single kobo on advertisements!

However, despite the fact that one can make a lot of money from the affiliate marketing business very quickly, few people are actually making it with the business.

The reason is because there are secret strategies that can help you succeed super fast with the affiliate marketing business.

Hence, without a reliable guide to hold you by the hand, you will be doing trial and error and not able to succeed quickly with the business.

That is what happened to Eniola Samuel Oluwadare until he got a mentor for himself. It was only then that the story changed for him and his students.

Now, here comes the good news…

Eniola Samuel Oluwadare has created a short 8mins video where he explains point by point how he did it.

But, better than that, Eniola Samuel Oluwadare has created a powerful course which he titled “Affiliate Millionaire Fastlane”.

This mind-blowing course has been carefully packaged to help you learn step by step how to make 6 to 7 figure income from the affiliate marketing business within a very short time.

If you would love to see how Eniola Samuel Oluwadare made over ₦8,150,000 ($10,000) in just 16 days with affiliate marketing from his home in Nigeria without spending a dime on advertisements…

Then watch this short 8mins video right away.

Click HERE to WATCH THE SHORT 8MINS VIDEO by Eniola Samuel Oluwadare NOW.

Get Instant Access 👉 HERE

Businesses To Start With 50k In Nigeria #6: Become a Social Media Influencer and Rake in Millions Every Month

Another powerful and wildly profitable business that you can start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria is…

Becoming a social media influencer on YouTube, Facebook, TikTok and Instagram.

By the way, social media influencer has to do with creating valuable content for the purpose of educating and enlightening people to ultimately get them to take a particular course of action.

In other words, social media influencer involves becoming a leader of thought on a particular subject within the social media community.

Here are some reasons why you should seriously consider becoming a social media influencer today:

1. The business is super easy to start and operate.

You do not need a college degree, certification, verification or any special knowledge and without age restriction to get started.

2. The business requires very little capital.

3. The business is very cost-effective and its running costs is next to nothing. 

4. You do not need any fancy or expensive equipment to get started.

5. Video viewing on smartphone is the trend these days in Nigeria and it is fast replacing the traditional TV, CD and video players and you can easily make money by uploading great content videos online.

6. You do not need to engage the services of professional media personnel to be successful with the business.

7. The payout is in dollars. So, earning just 1,000 dollars consistently every month is enough to put you on easy street for life.

All you need to become a super successful social media influencer on YouTube, Facebook, TikTok and Instagram is…

1. A good camcorder or camera phone

2. A camera stand.

3. A nice location where you can shoot your videos

If you go on YouTube, Facebook, TikTok and Instagram, you will discover that Nigerians view lots of videos on these platforms.

So, if you key into this awesome way to make money online, you can be sure to become financially reliant within a very short time.

Some of the content you can create include dance, music, comedy skits, tutorial in various fields, and many more.

The trick though is knowing what will appeal to majority of people very quickly.

Once you have ascertained what people love to watch, creating at least 3 to 5 interesting videos every week is enough for you to get a good follower and subscriber base within a few months’ time.

One of the most popular social media platforms to effectively become an influencer is TikTok.

And for good reason too.

The number of subscribers and active users of TikTok among the Nigerian populace has grown astronomically within the last 3 years.

Aside from that, it is far easier to generate millions of views without an active following on TikTok than on any other social networking site like Facebook, Twitter and Instagram.

Consequently, the videos uploaded to TikTok has a greater chance of becoming viral and popular very quickly, thereby putting more money into your bank account – and in dollars too!

Little wonder average Nigerians, many of them students, are making a lot of money online through TikTok social media influencing.

Some make a modest amount of below 100k monthly, while other popular ones make over a million naira every month on the platform.

Social media influencer is appropriate for content creators and specialists to market their services.

They can be sure to get instant response from the audience because it is huge.

So, if you are very good in a particular subject – example: politics, love, relationship, marriage and other spheres of human endeavor – you can start deploying this avenue to launch and explode your skill on social media.

To get started with becoming a social media influencer on YouTube, Facebook, TikTok and Instagram, click HERE to LEARN MORE now.

Businesses To Start With 50k in Nigeria #7: Start An Online Training Center

Another hugely profitable business opportunity that you can start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira as a lady or woman in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria is creating an online training center.

Some of the reasons why you should seriously consider starting an online training center are as follows:

1. Everyone knows something of value which they can exchange for money. You most likely do too.

2. The business is super easy to start and operate. You do not need a college degree or any special knowledge to get started.

3. You do not need any fanciful or expensive equipment to get started.

4. The capital requirement for online training center is very low.

5. The running costs of the business is next to zero.

6. You can combine it with your day job or any other business.

7. You can do it from anywhere in the world.

8. Your online training center is always available 24/7, 365/6 days – all year round.

9. There is no limit to the number of persons who can participate in your training since it is online.

10. You prepare your course content and materials in form of videos, audios and PDF materials JUST ONCE and they will always be available all year round.

But, what are the things you can offer on your online training center?

Some of them are as follows:

  1. Teaching children specific subjects like English language, Mathematics and other subjects on the internet.
  1. Training people on how to prepare various Nigerian dishes on the internet.
  1. Teaching people basic tips and techniques on how to repair their mobile phones.
  1. Tutoring people on how to build mobile apps.
  1. Training people about website building and web development skills.
  1. Teaching people some high income skills like copywriting, freelancing and others.
  1. Tutoring people regarding trading in cryptocurrency without suffering a lot of losses.

The list is endless.

You can get your creative buds working and ask yourself what you already know that you can sell in exchange for money.

Believe me. You do not need any great skill to start teaching people what you already know on the internet.

All you need to do is think about the challenges that people are going through every day.

Thereafter, you simply go ahead and create a course to solve those challenges.

The simple steps involved in getting started with creating an online training center are as follows:

1. First, you begin by joining online course centers like Udemy and Coursera.

2. Next, you brainstorm on your course content and the target audience.

In this step, you will need to think of a challenge that most people deal with on a daily basis in their lives which you can help them solve or do research on for solutions to the problems.

3. Next, sit down and create your course outline and content bearing in mind your target audience.

For instance, using Hilda Bacci’s example, she created an online course around cooking.

Her target audience were young people, male and female.

Then she launched the course online.

She then used the cook-a-thon contest as a powerful strategy to get attention all over the world.

Now, she makes a whale of money from her online course. Sources have it that she has over 5,000 students at present and charges 35,000 naira per student.

Go ahead and do the math yourself.

4. Upload and launch your course (outline and content) on the online training platforms.

5. Promote your course through various outlets online – social media, blogs, websites, forums like Nairaland and others where Nigerians hang out.

After that, sit back, relax and watch as the orders start coming in and the figures start landing in your bank account.

One great benefit of using those well-established platforms like Udemy and Coursera is that you get instant exposure of your courses to wallet-in-hand, ready-to-buy customers who frequent their sites from day one of launching your course on the internet.

Additionally, you can also use their platform too to build your online presence for the purpose of marketing your other products and services to buyers on their platforms.

Starting an online training class is ideal for teachers, lecturers and other people who wish to earn an extra income from a side hustle they are passionate about.

So, if you are passionate about teaching your skill to other people, starting an online training class is that sure business for you.

If you would love to learn more about starting an online training center in explicit detail and need more info about it…

Click HERE to GET MORE INFO to walk you through the entire process seamlessly.

Businesses To Start With 50k In Nigeria #8: Start An eCommerce Website / Online Store / Mini Importation Business Dealing In High In Demand Products And Make Over 150% Profit In Nigeria

Next on our list of the top 21 wildly profitable businesses that you can start with 20k, 30,000, 50k, 60k, 70k, 80,000, 100k, 150k or even 250,000 naira as a lady or woman in Lagos, Port Harcourt, Abuja or anywhere else in Nigerian is eCommerce / mini importation business.

With this business, you can import high in demand products from ecommerce websites and sell them locally at over 150% profit.

Some reasons why the importation business is strongly recommended for you to do are as follows:

  1. It is super easy to start and operate. You do not need to be tech-savvy or require any special skill to start the importation business.
  2. You can start with 50,000 naira or even less as start up capital.
  3. You do not need to buy a generator or spend money to buy expensive fuel (PMS). Neither do you need any expensive equipment to start this business.
  4. You do not need to have a domain name of your own. You can create an online store on well-established ecommerce websites.
  5. You do not need to rent a shop or pay any office assistant. You can do it from home.
  6. Aside from the cost of delivery of your products to your customers, the running costs is next to zero.
  7. You can operate your importation business from anywhere in the world.
  8. It does not interfere with your normal business or paid employment. You can do it full time or part time.
  9. You can start with just your smartphone TODAY and start seeing results from as soon as this time NEXT WEEK.

That is why the importation business is one of the perfect business that you can do if you have a paid employment or have a business that you already do offline.

You can begin your eCommerce business with the importation of wrist watches and necklaces for both men and women.  

Then as your capital increases, you can go on to include other items in your mini Importation portfolio.

When it comes to the sale of your products, you can advertise them on Instagram and Facebook and direct buyers to WhatsApp where you can close the sale.

Additionally, you can also use well-established e-commerce websites like Jumia and Konga to create your online store instead of creating your own standalone e-commerce website.

Then when you have enough money, you can go on to have your own standalone eCommerce website alongside a version of your online store on those websites. 

The advantage of using those well-established platforms is that you can plug into their marketplaces which already have plenty of wallet-in-hand, ready-to-buy customers every single day.

Aside from wrist watches and necklaces, other products that you can sell on your ecommerce website include the following:

  1. Fairly used / tokunbor / Belgium laptops
  2. Computer accessories like printers, scanners, mouse, keyboards, chargers, laptop batteries and others, as well computer software disks.
  3. Fairly used / Belgium phones and their accessories.
  4. Brazilian and Peruvian Hair
  5. Makeup Kits and Cosmetics
  6. Plus so much more.

To give you an idea of how profitable the importation business is…

A mini importer imported a funny looking tooth cleaning paste and ended up making millions from it.

As a matter of fact, he made over 7.2million naira from the sale of just that tooth cleaning paste alone within a period of 8 weeks.

Another mini importer, a student of mine, imported wrist watches with as low as 2,000 naira per piece and sold them for 15,000 naira to 20,000 naira per piece.

He ended up making millions from the importation and sales of wrist watches alone – without a store, without spending any money on advertising or incurring any expenses on powering a generator.

And he did not even go into the importation of used phones and their accessories like batteries, chargers, cases, earpiece, headphones, power banks, selfie sticks and so on.

If he had gone into the importation of those additional items, he would have tripled the money he made from his importation business.

Some of the places where you can order products online from China include Aliexpress, Alibaba, 1688, and others.

After ordering from those places, you will get your items shipped direct to your delivery address in Nigeria where you can then sell them at windfall profit.

However, in order for you to succeed quickly and super fast with the importation business, you need to do ONE THING…

And that thing is this:

You need reliable guidance to succeed faster as a mini importer in Nigeria. Otherwise, you will end up struggling from one month to the next doing trial and error and end up with ZERO SALES leading to discouragement, frustration and sadness.

Honestly, without proper guidance…

  • you will make mistakes and the learning curve will be great.
  • you could end up getting scammed by fraudulent suppliers on the internet.

That is why the need to have someone with the requisite experience and knowledge to guide you through the entire process is very important.

ecommerce mini importation

One of the very few persons I can recommend in the country as far as the mini importation business is concerned is a successful importation expert by name Fatai Ayegbajeje.

Fatai Ayegbajeje started his importation business in January 2020 and he ended that month with 16 successful sales and a profit of 104,000 naira selling a mini sewing machine even when he was a complete novice.

Though he stumbled a number of times but he regained his balance and went on to generate over thirty eight million naira in sales, with 35% as profit from between September 2021 – December 2022, a little over a one year period.

How exactly did he achieve that feat?

Good question.

Fatai Ayegbajeje is the only person who is qualified to answer that question.

That is why he has created a short video which he titled: “The Easy Peasy Straightforward Simple 5 Steps Formula That Allows You Pocket an Extra 10k – 20k Daily Profit Selling Physical Products To Rich Customers in Nigeria“.

The most amazing thing about this powerful course is that you can engage in the importation business with just your smartphone using the simple 5 step process that is taught by Fatai Ayegbajeje in his video.

Take a look at the description below.

mini importation with smartphone

Click HERE to WATCH THIS VIDEO by Fatai Ayegbejeje right away before it expires

Read Also: Profitable Businesses to Start with 2 Million Naira in Nigeria

Businesses To Start With 50k In Nigeria #9: Sell Your Graphics Designs Online

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman, or lady in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is selling graphics designs online.

This business is super easy to start and operate.

You do not need a college degree or any special knowledge to get started.

You do not need to order any special equipment to get started.

All the tools you need to be successful with the business are all available on the internet.

The best part is that it is a business that you can start with as little as 100k or even less.

And it will begin paying you in dollars as soon as this week.

To get started, simply sign up for membership of the premium print on demand platforms on the internet.

Once your membership is approved, the next thing to do is upload your graphics designs and sell them on the sites.

Those are the kind of designs that you usually see on t-shirts, phone cases, caps, banners, flyers, business cards, mugs, stickers, and so on.

Many of them are from print on demand platforms on the internet.

But, take note that your designs have to be catchy and attractive to appeal to people who wish to buy them.

Consequently, the more attractive and appealing your designs are, the more money you will make.

One of the basic tools that you can use for your designs is Canva and it is free to use unless you want to pay for the premium version.

The premium version of Canva gives you access to advanced features, templates and beautiful images.

Premium membership will cost you less than 36,000 naira annually.

Armed with the premium version, you can come up with amazing and stunning designs, then upload them to POD sites and start making money without delay.

Most of these sites don’t require any upfront fee, as the revenue generated will be split between you and them after making sales.

You also have access to the design areas of the top print-on-demand websites where you can design and sell your graphics online.

Some of these companies are Teespring, Redbubble, Zazzle, and others. On these sites, you can get paid in dollars, as they mainly get US buyers.

If you are already engaged in the business of graphics designing then this is the perfect business you can get started with 50k to 100k in Nigeria.

Business To Start With 50k In Nigeria #10: Start A Data Subscription Reselling Business Buying At Ridiculously Low Prices & Selling Them At Over 30% Profit

Data subscription reselling is another wildly profitable business in Nigeria that you can start with 20k, 30,000, 50k, 60k 70k, 80,000, 100k, 150k or even 250,000 naira in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria and make millions every month.

The reason is not farfetched.

Like food and water, millions of Nigerians cannot do without accessing the internet every single day.

And without data, no one can access the internet.

That is why data is referred to as the oxygen of the internet.

Now, here is why data reselling is the best business that you can do to make money online in Nigeria today.

  1. You spend a lesser amount for purchasing data yourself.
  2. Data reselling is super easy to start and operate. You do not need to be tech-savvy or require any special skill to start the business.
  3. The data reselling business requires very little capital. You can start with 50k or even less and triple your investment in as little as 30 days – guaranteed..
  4. You do not need any expensive equipment to start this business.
  5. You do not need to rent a shop or pay any office assistant to operate this business.
  6. You do not need a generator or incur expenses on buying expensive fuel (PMS) for generator.
  7. Aside from your capital, there is no running costs attached to this business.
  8. You can operate your data reselling business from anywhere in the world.
  9. You can start with just your smartphone TODAY and begin to make money within a few hours’ time.

Do you know the best part of this business?

Your target audience is everywhere and not restricted to a particular age group, financial status or region of the country! In other words, anyone who has been purchasing data on his or her phone is your target audience.

Right now, many internet service providers sell data at very expensive rates.

Some sell 1.5Gb data for as high as 1,000 naira.

But, if you buy data from VTU platforms and resell to the public, you can offer data at cheaper rates and make huge profits in the process.

You can buy 1Gb data from VTU platforms for 250 naira or even less and sell for 350 naira, making a profit of at least 100 naira.

Now, just imagine the following scenarios…

Mr. James has been buying 1.5Gb of data from his service provider at 1,000 naira.

He comes across your offer of the same 1Gb data for 350 naira and 2gb for 600 naira…

He seizes the opportunity without thinking twice and buys 2gb for 600 naira.

James has succeeded in saving a whopping 400 naira which he can use again to buy 1Gb data.

And still be left with 50 naira change from the transaction.

Thus, you have succeeded in making an instant 140 naira profit on the 2Gb data which you sold to James.

As to be expected, James is happy.

You too are happy because you have become 140 naira richer.

What about Sandra who binges on America Got Talent (AGT) and British Got Talent (BGT) every single day?

She has been spending an average of 500 naira every day just to get a miserly 750mb data.

Without a doubt, her internet service provider has been robbing her blind…

And she has been groaning painfully under the heavy weight of expensive data every time she accesses the internet and watches AGT and BGT.

Aside from being very expensive, her data plan also drains up so fast that it is literally draining the life out of her bank account.

Like James, she too has been eagerly looking for a permanent solution to her expensive and fast draining internet data.

Again, here is where you come in.

Sandra comes across your offer of the 1Gb data for 350 naira and 2Gb data for 600 naira…

She instantly seizes the opportunity without thinking twice and buys 2Gb data for 600 naira.

By so doing, Sandra has succeeded in saving a whopping 400 naira which she can use to buy an extra 1Gb data when next she is buying data from you…

Thereby getting a total of 3Gb for 950 naira instead of the 1.5Gb which she normally gets from her service provider with 1,000 naira.

And still be left with a balance of 50 naira change from the transaction.

Thus, you have succeeded in making an instant 140 naira profit on the 2Gb data which you sold to Sandra.

Sandra is happy.

You too are happy because you have become 280 naira richer from the 4Gb data you sold to James and Sandra.

But, that is not all.

The most insane part of this business is that…

People like James and Sandra will keep coming back to you again and again and again to buy data from you when their data is exhausted.

That is why the business of data reselling is super lucrative and profitable.

By the way, any business which involve selling the same product to the same set of people over and over and over again has residual value…

And has the capacity of making you a multi-millionaire very quickly.

Statistics show that there are over 10 million Nigerians who are active across social media websites like Facebook, Instagram, WhatsApp, Twitter and YouTube.

You will also find millions of Nigerians on interactive online forums like Nairaland and others.

Majority of these people are young Nigerians between the ages of 18 and 50.

And they need data for them to connect to the internet.

On average, Nigerians spend a minimum of 200 naira every day to browse the internet and chat online.

Some of those people include your siblings, relatives, co-workers, former schoolmates or current schoolmates, business partners and other people.

If you buy 1,000 naira data from Glo and MTN, Glo will give you 3.9gb (2Gb night), while MTN will give you 1.5Gb.

However, there are places online where you can get 2Gb data for 500 naira and even lesser with the same expiry period of 30 days.

And you can sell it for at least 700 naira.

Now, just imagine making a minimum of 200 naira every 2 days per person for the sales of data.

That is 200 naira X 30 / 2 = 3,000 naira per person in a month.

Now, if you have just 100 people in your network who buys data from you every month…

That is a whopping 300,000 naira!

100 people X 3,000 naira = 300,000 naira

Did you see that?

300,000 naira from just 100 people in just one month of data reselling!

Therefore…

A capital of just 50,000 naira or even far less than that is capable of giving you a profit of over 500,000 naira in one month.

In other words…

With just 50k naira, you can start this business and use part of your money to turbo charge your data sales and subscription business through adverts on all major platforms on the internet.

That is why, next to food, oil and healthcare, the data reselling business is one of the most profitable businesses that you can start with 50k in Nigeria today.

Love to start the data subscription and reselling business…

And need further information on how to get started?

If so…

Click HERE to DOWNLOAD a FREE SAMPLE  of “The Ultimate Daily Income Blueprint: How I Earned Over 300,000 Naira In One Month From Data Reselling Business In Nigeria With Less Than 10k Which You Can Copy & Replicate To Bank Huge Profits Within The Next 90 Days Guaranteed!

Summary & Conclusion

In Summary

There are so many businesses that you can start with 50k in Nigeria as discussed above.

So, which of the businesses enumerated and discussed in this article have you decided to do?

Is it the forex trading promotion business, CPA marketing or the mini importation business?

Or, have you decided to become a social media influencer or start a digital publication?

Or, is it the data reselling business that you have decided to do?

Or, does earning in dollars through the affiliate marketing and freelance marketing business appeal more to you?

Take note that whichever business you decide to start with your 50000 naira in Nigeria, make sure that your business is accessible on the internet.

In other words, you should plug your offline business to an online store from the very first day of launching your business.

That is the only way to guarantee the instant success of your offline business very quickly.

50K Business Ideas in 2023 / 2024 – FAQs

What kind of business can I start with 50K in Nigeria?

Some of the businesses you can start with 50k in Nigeria include forex trading promotion, importation business, CPA marketing, online training center, sell graphics online, data reselling business, sales of recharge card, digital publishing, freelance marketing, affiliate marketing, and so on.

What business can I start with 50K online

Businesses you can start with 50K online include affiliate marketing, freelance marketing, digital publishing, CPA marketing, sell graphics online, start an online training center, start a Youtube channel, forex trading promotion, data reselling, and many others.

What business can I start with 50K as a student?

The best businesses you can start with 50k as a student include recharge cards business, data reselling business, mini importation and sales of wristwatches and phone accessories,, becoming a social media manager, and so many others.

What business can I start with 50K in Lagos?

Data reselling and recharge cards sales is one of the best businesses you can start with 50k in Lagos. Other businesses you can equally start with 50K in Lagos include mini importation and sales of wrist watches and mobile phone accessories, start an online training center, sales of used shoes and clothes, print-on-demand business and so many others.

What business can I start with 50K in Abuja?

Businesses that you can start with 50K in Abuja include data reselling and recharge cards production business, sales of used shoes and clothes, digital publishing, forex trading promotion, importation and sales of wrist watches and mobile phone accessories, start an online training center, print-on-demand business and so many others.

What business can I start with 50K in Port Harcourt?

Some of the highly recommended businesses you can start with 50K in Port Harcourt include data reselling and recharge card business, beauty care products, digital publishing, start an online training center, freelance marketing, affiliate marketing, engine oil business and so many others.

Which business can I start with 50,000 Naira right now?

Businesses you can start with 50,000 Naira right now include data reselling and recharge card business, forex trading promotion, freelance marketing, affiliate marketing, digital publishing, blogging and so on.

What can I invest in with 50k in Nigeria?

You can invest 50K in data reselling and recharge cards business, promote forex trading to other people in Nigeria, do CPA marketing as well as freelancing and remote jobs to earn in dollars on the internet.

Conclusion:

Starting a successful business always begin with having that ONE business idea that can launch you from zero to hero and from nothing to something (as they normally say).

By now, you would have gotten that one business idea you need to propel you to a whole new level from this post.

Therefore, even if you do not already have the money required to start the business, armed with the information in this post will motivate you to raise the money quickly to get started without delay.

It is often said that information is power. However, this information will amount to nothing if you do not act on it right away.

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https://solutionsquarters.com/business-to-start-with-10-million-naira-in-nigeria/

https://solutionsquarters.com/what-business-can-i-start-with-20-million-naira-in-nigeria/

 

 

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About Motunrayo Omonoteje

Motunrayo Omonoteje is a writer and publisher. He has written at least 2 major books that have been published on the international marketplace at Amazon. More are on the way. This is just one of the several ways which he makes money from his home in Nigeria. With fuel at over 600 naira per liter... and the exchange rate at over 800 naira to the dollar... Having a side hustle that pays you in dollars đź’°đź’°đź’° is no longer an exception. But, a reality. So, would you love to discover how you too can generate a steady stream of juicy income... from your side hustle on a monthly basis? If so, you can check out his latest post on "15 Top Ways To Get Paid In Dollars In Nigeria". Also, make sure you to his monthly newsletter so as not to miss his regular updates on the latest money making opportunities in Nigeria. Check the link below to subscribe now.

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