I am looking for what I can buy from Europe with N2 million to come and sell in Nigeria and make some profit. Please I need some business advice from you guys.

ElRey01:
I am looking for what I can buy from Europe with N2 million to come and sell in Nigeria and make some profit. Please I need some business advice from you guys.

where are you and Do you really want to do business, cos I am in Germany and there is a lot of business to do....

Why Europe?

The question of where you are is important too as is the fact that the exchange rate for the Naira is changing rapidly so when you finish your trade will you be counting your profit loss in Naira or another currency

,

tociano009:
where are you and Do you really want to do business, cos I am in Germany and there is a lot of business to do....

I am actually planning to come to Germany. So if you have any idea of what can be sellable if brought to Nigeria please advise.

omonnakoda:
Why Europe?

The question of where you are is important too as is the fact that the exchange rate for the Naira is changing rapidly so when you finish your trade will you be counting your profit loss in Naira or another currency

I am in one the African countries and I have my Shengen visa that's why I said Europe.

1$ = N220

Import Business is not good in Nigeria NOW especially if you are based in Nigeria

talktrue1:
1$ = N220

Import Business is not good in Nigeria NOW especially if you are based in Nigeria

I am not based in Nigeria.

what about Tokunbo or fairly used home appliances. I have a neighbour who imported truck load of fairly used fridge,sound system, shopper bic, and cars. though Jr has not sold the car sin last December but he sold every other thing within a week. He will be traveling to Germany anytime from now for same biz.

ElRey01:
I am in one the African countries and I have my Shengen visa that's why I said Europe.

If you are in Africa and you have 2 million naira you really do not need to buy anything from Europe there is enough to buy and sell in Africa. The easiest and most obvious is Food.Even if you ar selling garri with 2 million Naira after 12 month you will know what you are doing.Do some research and find where to source from ,transport costs etc. You will have to become a trader and sit down with your goods everyday.Whether,Garri,Rice,beans,tomato,onions etc.There is no day that you won't sell. If you have 2 million you wil buy at good prices.
Now talking about Europe I Will not advice it at all and at any rate Shipping and clearing a 40ft container alone will cost 2 million without talking about what you will put in it. Generally the things that you will make money importing are often contraband and so risky .
Those that are not contraband are very competitive with very big players in the market. You will not be able to by anything at a good price if you are buying just 2 million naira and you will discover when you arrive in Nigeria you cannot profit.Another thing you must be aware of is a lot of importers have a dubious source of income so they can buy something for $1000 and when it reaches Nigeria they still sell for $1000 even less because they got their money mysteriously . How can you compete with that.?
I do not know why people are so fixed on leaving Nigeria when the country is so blessed. From your question it does not sound as if you know much about business and so the first thing I will advise you to do is to go and learn from those that are already in business. Then you can decide wat you want to do.Put your money in a fixed account or buy Federal Government Treasury bills which will give very good interest.
I strongly recommend foodstuff but even that you must learn.Youu can join a union. If you are in Lagos there are rurall areas still find cheap land to rent and get labourers to plant ugwu leaves(they have union too) .It might seem dirty but is rewarding .
If you are really fixed on importing spare parts is good bt you must learn it for months or even years
Good luck

omonnakoda:
If you are in Africa and you have 2 million naira you really do not need to buy anything from Europe there is enough to buy and sell in Africa. The easiest and most obvious is Food.Even if you ar selling garri with 2 million Naira after 12 month you will know what you are doing.Do some research and find where to source from ,transport costs etc. You will have to become a trader and sit down with your goods everyday.Whether,Garri,Rice,beans,tomato,onions etc.There is no day that you won't sell. If you have 2 million you wil buy at good prices.
Now talking about Europe I Will not advice it at all and at any rate Shipping and clearing a 40ft container alone will cost 2 million without talking about what you will put in it. Generally the things that you will make money importing are often contraband and so risky .
Those that are not contraband are very competitive with very big players in the market. You will not be able to by anything at a good price if you are buying just 2 million naira and you will discover when you arrive in Nigeria you cannot profit.Another thing you must be aware of is
a lot of importers have a dubious source of income so they can buy something for $1000 and when it reaches Nigeria they still sell for $1000 even less because they got their money mysteriously . How can you compete with that.?
I do not know why people are so fixed on leaving Nigeria when the country is so blessed. From your question it does not sound as if you know much about business and so the first thing I will advise you to do is to go and learn from those that are already in business. Then you can decide wat you want to do.Put your money in a fixed account or buy Federal Government Treasury bills which will give very good interest.
I strongly recommend foodstuff but even that you must learn.Youu can join a union. If you are in Lagos there are rurall areas still find cheap land to rent and get labourers to plant ugwu leaves(they have union too) .It might seem dirty but is rewarding .
If you are really fixed on importing spare parts is good bt you must learn it for months or even years
Good luck

The problem is that I don't live in Nigeria as I said earlier. I just need something I can buy and then supply to people and get my money back straightaway. I appreciate your submission though.

babasho1:
what about Tokunbo or fairly used home appliances. I have a neighbour who imported truck load of fairly used fridge,sound system, shopper bic, and cars. though Jr has not sold the car sin last December but he sold every other thing within a week. He will be traveling to Germany anytime from now for same biz.

The home appliances business is good, but aren't they contraband?

A

What can you buy from Nigeria to sell in europe? somebody please help. what do you think

ElRey01:
The problem is that I don't live in Nigeria as I said earlier. I just need something I can buy and then supply to people and get my money back straightaway. I appreciate your submission though.

buy things from china instead of Europe or better still go into food export,buy cheap lands in hectares and divert ur money into real estate. ...because u re not leaving in Nigeria doesn't mean u won't still come back home and moreover with 2million naira u ve better things to do here at home than staying away....afterall I started mine with less than 200k and I can count good success stories today than wasting away in Europe.if u need to import u can source good products in China,buy cheap and u will be amazed of ur profit ......if u need our company knowledge we can do that for you base on business agreements....possibly handle ur import and sales end.......but it's high time u come back hand and do more meaningful things with ur 2million! !!