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What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? - Business (6) - Nairaland

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Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by starkid121(m): 6:06pm On Aug 24, 2021
Buy escavator and start hiring... U will thank me later

2 Likes

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by oluremi59(m): 6:07pm On Aug 24, 2021
Gfrs:
Run away from agric tech investment they are all scam do physical businesses

Physical businesses like what and what sir
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by ADAMUdaCOWBOY: 6:13pm On Aug 24, 2021
einsteine:


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.
Seriously? Is that in Nigeria or in France where you obviously come from?
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by einsteine(m): 6:14pm On Aug 24, 2021
ADAMUdaCOWBOY:

Seriously? Is that in Nigeria or in France where you obviously come from?

Don't be silly.

If you have actually opened a pharmacy store, you will know this. There is a reason patent medicine stores (which have a different license and can't sell certain types of medications) are located in inner streets.

Now run along with your ignorance.

9 Likes

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by josite: 6:21pm On Aug 24, 2021
Burnt bricks and giant ornamental glass flower needed to decorate balconies in eko Atlantic City and ikoyi.

They both require sand as raw material and hot furnace

and none of them get spoiled over time so can be stored for a long time.

2 Likes

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by amstardi: 6:23pm On Aug 24, 2021
Who are all these people
einsteine:
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.

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by amstardi: 6:28pm On Aug 24, 2021
newdawnlive:
join my group to create crypto nft your 15m will be 200 m in just 2 months
who are these people
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by amstardi: 6:29pm On Aug 24, 2021
3rdavefarms:
Broilers Buisness is the best ; But Wood shaven is giving us Hard time
send me a wassap now
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by amstardi: 6:29pm On Aug 24, 2021
3rdavefarms:
Broilers Buisness is the best ; But Wood shaven is giving us Hard time
send me a wassap now...
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by amstardi: 6:32pm On Aug 24, 2021
Studyinchina200:
Farming.

I just purchased like 30 acres and I can’t wait to start my project.
location
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by josite: 6:33pm On Aug 24, 2021
Then you can also go to isara Remo where there is big polytechnic,gateway poly and build 15 rooms student hostel bungalow .

each self contained room goes for 120k if you get it well done and just one drop from the school.

Within 3 months complete your building and earn over a million as rent for every year.

I can give you a plot near the poly within walking distance from the poly ,next to another hostel for 1.5m lastor another one ,2 drops by bike from the poly at 600k.

Call me for more 08171992784

2 Likes

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Abudu2000(m): 6:35pm On Aug 24, 2021
Well unless you got it via illegal means but I would keep doing what I'm doing fam

1 Like

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Ikpongiton: 6:46pm On Aug 24, 2021
With 5million from that amount, you can invest in coconut farming and start harvesting between 3-4 years and remain rich for ever.you will also hand over unquantifiable wealth to your future generations.

2 Likes 1 Share

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Godwin25king: 6:50pm On Aug 24, 2021
Check this out : 1Nos Of 2Bedroom Flat + 3 Nos Of Mini Flat All Round Ties With POP Very Neat On A Full Plot of Land At MAO Area Akera For #15m.

Just buy and put it up for rent.. That's a very good investment.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by teniolaisaiah(m): 6:55pm On Aug 24, 2021
Na to Japaaa before 15m turn 15k
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by mechanics(m): 6:55pm On Aug 24, 2021
SeaTrade:
Distributor for Nigeria breweries na N100m oga,that N15m no go anywhere.
And not like when you bring the 100m you can enter easily,they will ask you plenty questions on how you plan to distribute what you are bulk buying from them.
Meaning you need distro vehicles,warehouse and a team.
Then not to talk of competition as the market is saturated already.
Not easy,if not for too much competition and inexperience, boys for don maKe move.
See as to call major distributor just easy for your mouth lol untop 15m grin grin grin
E be like you no get any experience on all these things you dey mention. undecided
You didn't get my explanation well, with that amount he can be a wholesaler of different goods, buy from their agent in bulk, one must not have a truck, people who want to sell will come and patronise him, he should just look for a place that's marketable, for one to start a cement business, one does not also need a truck, even to start a cocoa-cola drink business, one must not also need a truck and the price range won't even be up to that amount and even if the money is not complete, an agreement can be reached to complete the money at a later date.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Gianttechng: 6:56pm On Aug 24, 2021
Come and fund my idea...


DM me please!
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Philip4564(m): 7:00pm On Aug 24, 2021
Babastrong:
1. Me that i will use the money to export petrol and diesel to benin republic and import rice and ororo from coutonou.
i will realise double of the money as profit within 3 trips.
you may want to talk about custom officers. Forget it that is our business here, we know our ways.
but if you no get balls to the above business. Below is another lucreative one.
2. Just contact chemical companies and buy metallic drums from them. A drum from company is around 4k and here in my place is 7k. If you load 200pieces/lorry. You will gain almost 600k as profit.
where are you located bro?
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by oladiran2(m): 7:02pm On Aug 24, 2021
Excarvator/bulldozer hiring..... Thank me later. Farming is also good but with huge risk but agribusiness would be a better option but stressful.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by SeaTrade(m): 7:09pm On Aug 24, 2021
mechanics:
You didn't get my explanation well, with that amount he can be a retailer of different goods, buy from their agent in bulk, one must not have a truck, people who want to sell will come and patronise him, he just look for a place that's marketable.
Look for a place that's marketable and wait for customers to come and meet him whereas his competitors who are buying from Nigeria breweries direct(pricing advantage) are going round from shop to shop,door to door with their trucks selling same goods abi? grin grin
Yes,with this your model he will sell,but the volume will be so paltry so much so that the time value of money for that 15m will be useless.Oga,times and business have changed,you just don't know it because you might not be a fieldman.
What's the sense in it to use 15m to chase 2m gross profit per year if not outright foolishness? undecided
Atleast if it's that kind of negligible income he is looking for, he is better off buying fixed income which might even give him a bit more with no stress.

4 Likes

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by josepgidi: 7:15pm On Aug 24, 2021
smiley smiley smiley smiley
I can't believe I read this shit.
FalseProphet1:
Go to MFM prayer city and lodge there for one or more months, join their regular deliverance programs, then pray and ask God to anoint you, once the power of God comes up you, use the money and open your own church and use the power God has given you to solve problems of your members and I can assure you that by the following year you'll get back that money plus a hundred fold interest.

This I have seen.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by ViktorCash: 7:22pm On Aug 24, 2021
Learn Programming or trade forex and crypto. Those are the only businesses that go on despite any pandemic or shortfall cool
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by RALPHOW(m): 7:22pm On Aug 24, 2021
FARMING IN NIGERIAWITH HERDMEN WHO CAN DESTROY EVERYTHING WITHIN A DAY?

Realboygenius:
Even with the present global economy situation 15,000,000 is a really good capital to start a business in Nigeria. If I have that amount of money I'll definitely invest it on farming and animal husbandry in my village. I'll even create employment opportunity through that in my community.

You can as well take a chance of a lifetime and register for the Titan entrepreneur reality show.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by maureensylvia(f): 7:27pm On Aug 24, 2021
einsteine:


I hope everyone doing this knows this is speculation? You should only do this with sense. Lots of people have gotten their fingers burnt in ogbono storage, palm oil storage and egusi storage. It can be profitable and it can give you huge losses. Do it with sense.

It's the last line for me
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by 147abbey(m): 7:32pm On Aug 24, 2021
Hmmmmmmmmm.......
Ask the head of Taliban from Afghanistan
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by BioGreen: 7:50pm On Aug 24, 2021
Acquire an LPG 10-ton skid (Cooking Gas) and locate it in a popular filling station with good traffic, thank me later. 50% of that amount should do then scale up later in other locations

2 Likes 1 Share

Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by bongap1: 7:56pm On Aug 24, 2021
leave Nigeria, u will thank me later
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by WEALTH304(m): 7:58pm On Aug 24, 2021
please just log on to betking..and use the 15m to play 2 odds...that's 30milli after 90 mins
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by abuuthmaan: 8:17pm On Aug 24, 2021
Danjikanbauchi:
food business bro we can be supplying you trailer of local rice and you sell as a whole seller only rice you can add beans if you want we supply in large quantity. You will be a distributor.

How much?
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by ADAMUdaCOWBOY: 8:22pm On Aug 24, 2021
einsteine:


Don't be silly.

If you have actually opened a pharmacy store, you will know this. There is a reason patent medicine stores (which have a different license and can't sell certain types of medications) are located in inner streets.

Now run along with your ignorance.
Continue being a goat! Shebi all pharmacies in Nigeria are owned by pharmacists. Just like saying all hospitals in Nigeria are owned by doctors.
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by Kellie069(m): 8:27pm On Aug 24, 2021
ecomalchemist:


One of my niggas for hood dey find 150k to start loud business.

I know how much he makes daily selling in pinches and bags.

Very profitable biz but not legal.



Swears bro! It brings money for real ‘ BTW how many legal businsss de nigeria sef
Re: What Business Can One Start With N15,000,000 / 29,000$ In Nigeria 2021? by des4ella(m): 8:31pm On Aug 24, 2021
Transportation business. Buy three very sound 2010 Toyota sienna and partner with God is Good transport company; trust me you earn close to 2M monthly.

3 Likes 2 Shares

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