Sonnobax15:

God....see as my preek just carry rise when I see 15milli...... chaiiii,some people get money for this life oh....

Ordinary 100k wey I dey find since February nai I don dey hustle dey come since to the extent say I don begin get by-force grey hair

Op,I no get any idea....Make the old Gees of nairaland come to your rescue.

Huncle, don't rush to comment; read the article first.

Livegamesonly:
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I did as you said… And I surely used your name as referral

Thanks for the information

Play man c v assnal home.... PSV v grongen home...... Barca v getate 1x put 1 million

Fish and chicken feed production and sales, as well as fish farming.

Build a public compound with shops at the front, sit down, relax and see ur money coming stresslessly.

AlmaIganishire:
But where will someone get 15,000,000 in this kind of sapa

There is a 15 million naira prize up for grabs, simply join The Next Titan 8.0 via the link on my signature.

There are enough businesses. Agriculture like small scale rice production/milling.
In a short period, you'll realize your investment because of the demand and consumption rate in Nigeria.
Another one is pharmacy. It is lucrative because of its high profit margin. You can make up to 40% gross profit on every product sold.
In a very commercial location, you can make more than 100 million in a year, with a gross profit of 40% equalling 40 million. If your whole administrative expense 20 million, optimally, you can make 20 million net profit in a year.
I can write a business plan and cash flow projection for you on this. 15 million is more than enough.
You can reach me

The reality of the situation is that the environment for business in Nigeria is extremely tough so ideas alone may not help you. Do you have the fortitude to succeed and meet challenges that you might not have initially envisaged? That said, here are some ideas that will yield profit if you can get the actual operations correct:

Smart E-commerce (Find fast moving and/or unique products that Nigerians can buy, use facebook and google ads to promote them and sell them online and via social media channels)

Agro-commodity trading: The margins are thin but you can make money trading agro commodities. However, you have to do a lot of legwork. For anybody who wants to do this, I recommend focusing on commodities that don't have a lot of sellers. For example, buy melon in Nassarawa and sell in Lagos or Port Harcourt or buy Plantains from Rivers state and sell in Abuja). Don't do palm oil or Yams or tomatoes for instance as they are saturated and the markets are filled with cabals.

Agro-commodity export: Source export contracts. Your capital would give you a negotiating edge when sourcing the actual products. Commodities to consider include ginger, sesame, and shea nuts.

Crypto-staking (Yield Farming): A lot of people think the only way to make money in crypto is to buy speculative coins and hope for the best. Or to trade futures, taking huge financial risks. Or attempt to time the market and make 10% per day. No. With yield farming, you can make 3-10% per month guaranteed without loss of capital by essentially providing finance for the speculative activities in the crypto market. Your capital and returns are guaranteed but you need knowledge to know the protocols, platforms, techniques and risk mitigation strategies needed to do it successfully.

That said, the vast majority of businesses in Nigeria will fail as the environmental factors militating against businesses are so many. You may be better off taking 15 million and buying treasury bills.

allawizzow:
There are enough businesses. Agriculture like small scale rice production/milling.
In a short period, you'll realize your investment because of the demand and consumption rate in Nigeria.
Another one is pharmacy. It is lucrative because of its high profit margin. You can make up to 40% gross profit on every product sold.
In a very commercial location, you can make more than 100 million in a year, with a gross profit of 40% equalling 40 million. If your whole administrative expense 20 million, optimally, you can make 20 million net profit in a year.
I can write a business plan and cash flow projection for you on this. 15 million is more than enough.
You can reach me

Are you aware you are not allowed to open retail pharmacy stores if you are not a pharmacist? Even as an investor, you can only be a minority investor.

engrglover:
With the growing population of Nigeria and Africa as a whole, investment in agriculture is the best bet. With 15,000,000 I will be able to shortlet enough lands for my venture which will include large scale husbandry and agriculture.
Some of the highlights of challenges that small investors are faced with currently include Taxation, Rent for business spaces and volatility of prices without forgetting competition.

While a large majority of the population in Africa is storming the cities, they seem to ignore the agricultural sector. As a result, the prices of food items have skyrocketed over the past five years
There is plenty land for rent in my country Nigeria with fertile soil where I can cultivate vegetables, yellow pepper, fruits and plantains for large scale distribution. You should also realize that agriculture and livestock go hand in hand So I also plan on cattle rearing which is a new venture but is highly sort after and also chicken and turkey for large scale consumption.

Pretty sure you are just a writer. Right now, primary agriculture is one of the most difficult businesses to succeed in Nigeria. Anyone who has done it and is willing to tell you the truth will tell you just how difficult it is to make money from agriculture. Everything that can go wrong will go wrong.

Go on Jiji and search for old houses for sale or look around in towns and centers for houses or bungalows in an open location up for sale

Most buildings you will see that are cheaper than below 5 million are either abandoned or old houses. Buy it convert it to a guest house or a hotel depending on the size.

Renovations would take between 3-5 million

Open it up as a guest house with a drinking bar etc etc

Thank me 3 months later

Keep the remaining change of 5 million naira in your domicciliary account

Don’t

Avoid buying houses inside of neighborhood cos hotels and guest houses thrive the most on open soil and open roads
Life changing decision whoever takes this takes

Go back to southwest in Osun, Ekiti or Oyo states...locate an institution town or city...start building a twins students hostel

Some hostel pay minimum of 100k per annual

Go back to southwest in Osun, Ekiti or Oyo states...locate an institution town or city...start building a twins students hostel

Some hostel pay single room minimum of 100k per annual

Kolisky:


I did as you said… And I surely used your name as referral

Thanks for the information

if you are on telegram..search pi network Nigeria....they can put you through things you don't understand...or you mention me..

Livegamesonly:
if you are on telegram..search pi network Nigeria....they can put you through things you don't understand...or you mention me..

Ohh, I will kindly search them on Telegram

If you also don’t mind adding you up on WhatsApp??

You can partner with Sheik Gumi.
Gumi.com are looking for franchises all over west africa for their booming kidnapping business. Gumi.com will give you all the training and assistance you need in order to become a profitable kidnap franchise operator in as little as 30 days or your money back.
Gumi.com, a name you can relay on!!

nairavsdollars:
invest it in politics. If you are in Lagos go and give it to Lagos APC as contribution

You're Mad My Chest ooooo

Fucking leave Nigeria...

Come and invest in my dog business ...
I sell and I buy any breed of dog swiftly at a very reasonable price. Pet care and boarding services also available.

following...

If You can not decide now on what to start.

You can start up a recharge card printing, afterall there are people looking for a #100,000 and yet they already know what to do.

Go into property development. There are so many developer who are looking to join hand with investors that has cash at hand. When you guys sign a house, I mean building a house from scratch. It's highly lucrative.

Please just make sure any business you do in Nigeria ,you monitor it yourself. I've done businesses in Nigeria and owing to my job I couldn't monitor properly and then it went down. People are evil and will run you down. The only one I managed to run over two years was a poultry with 3000 layers and that was because I had CCTV installed so my staff couldn't steal. But then they connived with people from outside and were carting away my eggs in the middle of the night while the gate man feigned falling asleep.

Visa

If I get this kind of ego, I will just locate any higher institution environment and build just face me and face bungalow below the normal standard and a flat and also invest on farming. May God bless me with this money

Abiodunspectre:
Hello Nairalanders
As the world economy experience fall in the global demand for commodities stemming from the pandemic. Nigeria is not left out as the naira currently trade N520 to 1$.

For many businesses and entrepreneurs, the naira fall has been a heavy burden on their operations and personal lives most especially for people who buy import goods from other countries.

Nigeria Investment Youth Funds In partnership with Heritage Bank wants to reward a Nigerian entrepreneur with a cash prize of 15,000,000 to boost their business in season 8 of The Next Titan entrepreneur Reality TV show.

That brings me to the question " What business can one invest in or start with N15,000,000/ 29,000$ In Nigeria?

I'll be in the comment section for your responses.

If I have these kind of money, I will just start building houses on the mainland and resell

Kind of development NIGERIA WANTS Not BBNAIJA

chatinent:
I'm an Igbo man.

I'll run some ideas for you to reason.

Import first grade O.K shoes with 8m.


Rent two spacious long shops (different locations) and pay for two years upfront. Share the shoes to both shops. I can help you with real-life planning too.


Use ₦800k for the interior decor (the interior says a lot for the business)., for the 3D banner logo outside and exterior. Be branded. Customize your nylons and all that.



Be in one shop, put a trusted person in the other. You may even employ another person in the second shop.

Do the pay via POS method.

Make purchases receipted.

You don't need cctvs if you wouldn't put sb watching them 24/7.

I import from Togo mainly. My supplier sells too good first grade shoes. If you package am well, you'll be selling sth you bought (cost price plus expense per head @ ₦2300) for ₦6000.

You'll fly it in to evade the Nigerian custom wahala. You'll also learn to import from London and Dubai.


They'll sell each first-grade pair for you for ₦2000 but you can sell each for at least ₦4000 and more depending on how you design your shops and location.

With time, you can add female bags to it.

You'll also put a standby small gen. You don't need a big gen for a start.

You'll be gaining from the first day.

One woman alone can buy over ₦90k once believe me.

How do I know this?

I am into the business. I can link you up too.

You'll be counting money that same month, and it is easy to learn. I have my suppliers in those countries. You can also visit them if you feel you need to be there in the first transaction.

hello. Can we link up so you tell me more about this business

Start an industry, produce something, cost of power generation might be on the high side .


Go to made-in-china.com

That's alot of money and i will advice you just leave the money in your account and be eating it small small

Sonnobax15:

God....see as my preek just carry rise when I see 15milli...... chaiiii,some people get money for this life oh....

Ordinary 100k wey I dey find since February nai I don dey hustle dey come since to the extent say I don begin get by-force grey hair

Op,I no get any idea....Make the old Gees of nairaland come to your rescue.

same here.
We go dey alright bro

That's alot of money, and i will advice you just leave the money in your account and be eating it small small