Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,509 members, 7,812,575 topics. Date: Monday, 29 April 2024 at 03:34 PM

In What Good Business Can One Invest N5,000,000? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / In What Good Business Can One Invest N5,000,000? (780 Views)

Any Business Idea To Invest N5 Million / What Business Can One Invest 2million On. / ”I Started My Business With N5,000, I Now Have 5 Bedroom Mansion In Lagos"- Lady (2) (3) (4)

(1) (Reply) (Go Down)

In What Good Business Can One Invest N5,000,000? by NaughtyBrainiac: 8:10am On Apr 26, 2023
Hello Nairalanders,

In what Good business can one invest N5,000,000 in Nigeria of today?

1. Business should be easy to set up
2. Business should be able to give about N500,000 profit monthly
3. Business should be Legal
4. I am willing to appreciate the individual with the business suggestion I consider as best for my need at this time. That's if the person is willing to accept it.

Thank you

1 Like

Re: In What Good Business Can One Invest N5,000,000? by Ajione(m): 8:23am On Apr 26, 2023
I think the best business presently is selling raw food stuff and any other package product. Just get a good location and you are good to go.
Bro if you can give 500k make I use am invest in my catfish fish business. I go happy. Thanks

1 Like

Re: In What Good Business Can One Invest N5,000,000? by NaughtyBrainiac: 11:45am On Apr 26, 2023
cc: puskin, dominique, naijacutee
Re: In What Good Business Can One Invest N5,000,000? by kingssmith(m): 12:59pm On Apr 26, 2023
Charcoal business.... you can't get it wrong with that one.... start with 2m and you can make minimum of 500k monthly....I can show you how....
Re: In What Good Business Can One Invest N5,000,000? by Nitric(m): 5:52pm On Apr 26, 2023
kingssmith:
Charcoal business.... you can't get it wrong with that one.... start with 2m and you can make minimum of 500k monthly....I can show you how....

Charcoal business is rubbish business, you people should not be giving investment advise about business you know nothing about.

I invested in that business and every single day I remember that investment I get angry for wasting so much money in a stupid business. angry

If you are sure of what you are saying provide a movable collateral worth 4 million let me give you a loan of 2 million so you can show us how you will perform the miracle of making profit of 500K every month from charcoal business!

2 Likes

Re: In What Good Business Can One Invest N5,000,000? by one4GOD(f): 6:47pm On Apr 26, 2023
NaughtyBrainiac:
Hello Nairalanders,

In what Good business can one invest N5,000,000 in Nigeria of today?

1. Business should be easy to set up
2. Business should be able to give about N500,000 profit monthly
3. Business should be Legal
4. I am willing to appreciate the individual with the business suggestion I consider as best for my need at this time. That's if the person is willing to accept it.

Thank you
as it stands now just invest that money into real estate and be rest assured of return without sweat. Especially in the ibeju lekki axis, I am a witness/beneficiary of this
Re: In What Good Business Can One Invest N5,000,000? by NaughtyBrainiac: 7:10am On Apr 27, 2023
Nitric:


Charcoal business is rubbish business, you people should not be giving investment advise about business you know nothing about.

I invested in that business and every single day I remember that investment I get angry for wasting so much money in a stupid business. angry

If you are sure of what you are saying provide a movable collateral worth 4 million let me give you a loan of 2 million so you can show us how you will perform the miracle of making profit of 500K every month from charcoal business!
Hmmmm
Re: In What Good Business Can One Invest N5,000,000? by Tohsynetita1: 9:41am On Apr 27, 2023
Try farming, import and export of goods within Nigeria, or try, transportation. But farming is best, just try to plant one month crops. One months crops are basically veggies, okra, ugwu, ewedu, gbagba, Tete, and other popularly consume veggies. Take for example, if you plant ugwu, it will use 2 months to grow, after the two months, You can harvest every 2 weeks for next 7 months. It does well in a good irrigated environment. Don't forget, all this skyrocket at dry season.
Re: In What Good Business Can One Invest N5,000,000? by Jobgetter1: 11:14am On Apr 27, 2023
Start this business idea:.....

Goat Farming.....

If you can do your research very well and start with at least 100 goats, you can make so much money.
Re: In What Good Business Can One Invest N5,000,000? by iCauseTrouble: 11:15am On Apr 27, 2023
angry
Re: In What Good Business Can One Invest N5,000,000? by Wilson212: 11:16am On Apr 27, 2023
bakey it break even it is a generational business
Re: In What Good Business Can One Invest N5,000,000? by Gasayi(m): 1:04pm On Apr 27, 2023
Gasayi:
Hello
Our service :

Buying/Selling

paypal
Bitcoin
Neteller
Usdt
Payoneer
Skrill
Online Payments/checkout
Gift cards
Fiverr withdrawal
Whatsapp 0706246 9313
Re: In What Good Business Can One Invest N5,000,000? by IyaTola: 8:26am On May 18, 2023
wink
Ajione:
I think the best business presently is selling raw food stuff and any other package product. Just get a good location and you are good to go.
Bro if you can give 500k make I use am invest in my catfish fish business. I go happy. Thanks
Re: In What Good Business Can One Invest N5,000,000? by Nandoife: 8:32am On May 18, 2023
[quote author=NaughtyBrainiac post=122753563]Hello Nairalanders,
Re: In What Good Business Can One Invest N5,000,000? by mrsage(m): 10:06am On May 18, 2023
NaughtyBrainiac:
Hello Nairalanders,

In what Good business can one invest N5,000,000 in Nigeria of today?

1. Business should be easy to set up
2. Business should be able to give about N500,000 profit monthly
3. Business should be Legal
4. I am willing to appreciate the individual with the business suggestion I consider as best for my need at this time. That's if the person is willing to accept it.

Thank you


I suggest you lower your profit expectations.

You plan to make 10% as profit every month. Basically you wish to cashout in 10 months.

Be careful.

In business planning always lower your profit expectation and increase your cost expectation.

Overstate your expenses and understate your income.

4 Likes

Re: In What Good Business Can One Invest N5,000,000? by sunnywhyt007: 4:07pm On May 18, 2023
First error from OP is the 10% monthly profit expectation, with your 5m you can get a space, startup a mini supermarket, setup racks and display your products, especially consumable stuffs for a start, do awareness, input your products into point of sale(I personally use Quickbooks for my store) and expect average of 20-22% profit of any monthly sales which means your location, awareness and customer relation will determine your monthly turnover.

1 Like

Re: In What Good Business Can One Invest N5,000,000? by Oyindamolah: 7:28pm On May 18, 2023
mrsage:



I suggest you lower your profit expectations.

You plan to make 10% as profit every month. Basically you wish to cashout in 10 months.

Be careful.

In business planning always lower your profit expectation and increase your cost expectation.

Overstate your expenses and understate your income.
Fact
Re: In What Good Business Can One Invest N5,000,000? by yuniben007: 7:34pm On May 18, 2023
NaughtyBrainiac:
Hello Nairalanders,

In what Good business can one invest N5,000,000 in Nigeria of today?

1. Business should be easy to set up
2. Business should be able to give about N500,000 profit monthly
3. Business should be Legal
4. I am willing to appreciate the individual with the business suggestion I consider as best for my need at this time. That's if the person is willing to accept it.

Thank you
pure water business buy a truck attach it 2 pure companx drive it by urself find a motor boi look customer

1 Like

Re: In What Good Business Can One Invest N5,000,000? by yuniben007: 7:47pm On May 18, 2023
Nandoife:


Good morning boss

Invest only 35k of the money on My graphic Design Google or twitter Ad and get upto 150k Monthly

Please see my recent post

https://www.nairaland.com/7693220/house-please-share-graphics-design
oga go to upwork or fiverr u dont need sponsor ur case is settle
Re: In What Good Business Can One Invest N5,000,000? by Nandoife: 7:08am On May 23, 2023
yuniben007:
oga go to upwork or fiverr u dont need sponsor ur case is settle
you probably have little or no idea about Fiverr or Upwork.

The market is over saturated. Unlike before. Some has been there for months without a single sales

(1) (Reply)

What Assets Can Bring Daily Income? / Monetize Blank Spaces On Your Business Website / Check This Out

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 27
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.