Lucrative Home Business Ideas in Nigeria: The Best Twenty (20)

Home business ideas in Nigeria

There are many home business ideas in Nigeria that you can start. Some of them do not require a huge capital to get started. This article will be helpful to you whether you are a stay at home mom, a fresh graduate still searching for employment, or perhaps you are employed already and you want to quit your job and start a full time business. In this article, you will discover twenty (20) home business ideas in Nigeria. Therefore, ensure you read till the end and take action. Don’t wait till tomorrow before you do.

1.  Blogging

Blogging, home business ideas in Nigeria

Blogging is by far one of the best home business ideas in Nigeria. It is a source of wealth unknown to many. However, blogging is all about writing articles online that solve people’s problems. You can decide to monetize your blog and let it make money for you. This is the secret of most bloggers in Nigeria. As a matter of fact, blogging can make you a full time income.

You can always start a blog that will make you money and it’s easy. However, there are steps that you must take. They are:

  • Decide on a niche (a particular area you want to be blogging about)
  • Create the blog (learn how to create a blog HERE)
  • Do keyword research
  • Post quality blog articles
  • Monetize the blog

Get the full details about blogging here.  Click here to gain access to a full course on blogging.

2.  Typing and Transcription Jobs

Typing and transcription jobs as home business ideas in Nigeria

Typing and transcription job is a great business idea you can do from home in Nigeria. If you have a good typing speed, there are many companies online who are looking for typists and transcriptionists. There are many foreign companies that will give you audio transcription jobs. You will be required to listen to a piece of audio and type it out. However, you will be required to take a test online to ensure you are eligible for this.

The downside of this kind of work is that it is difficult to get accepted. One will be thoroughly screened before getting accepted. Some typing and transcription companies are: TranscribeMe, Rev.com, and Talent Desire.

3.  Online Tutoring

Online_tutoring_home business ideas in Nigeria

Online teaching or tutoring is also one of the great home business ideas in Nigeria. You can teach from home and possibly earn more than conventional teachers. I have a friend who used to make N8,000 for only four (4) hours of teaching in a day. The benefit this business model has for Nigerians is that one can teach foreign students subjects like Mathematics, Biology, and so on and charge them in foreign currency.

However, many of these teaching websites will thoroughly screen you to make sure you are qualified enough to teach on their sites. You may be required to submit a scanned copy of your degree certificate also. Here are some websites to begin your online teaching career: Superprof, VIP Kid, and WizIQ.

4.  Affiliate Marketing

Affiliate Marketing home business ideas in Nigeria

Affiliate Marketing is by far one of the best home business ideas in Nigeria. It involves promoting the products of people or companies and getting paid a certain percentage of the profit. Affiliate programs usually pay high commission rates to their affiliates.

Anyone can start affiliate marketing and profit from it. It can be done by both introverts and extroverts. You can even promote affiliate products without having to speak to anyone. Most of the promotion is done online, although it can be done offline too. These are the steps to get started with Affiliate Marketing:

  • Decide on a niche (An aspect of affiliate marketing you want to be promoting)
  • Join an affiliate program
  • Decide on how to promote the products
  • Start promoting

This video will give you access to a full course on Affiliate Marketing. Click here to see the video.

5.  Laundry/Dry Cleaning Services

Laundry and dry cleaning business is one of the best home business ideas in Nigeria that can make you a lot of money. It is a lucrative business that requires a little startup capital. You do not have to do most of the work yourself. There are laundry and dry cleaning gadgets like washing machines, and iron that you can buy that will ease your work.

One can start this business on a small scale at home and still make tremendous profit from it.  Other things you need to start a laundry and dry cleaning service from home are: Washing basins, starch, laundry detergents, nylon, etc.

6.  Poultry Farming

Poultry farming, a good business idea

Poultry farming is the raising of birds domestically or commercially for meat and eggs. It is a lucrative business in Nigeria because its products are in high demand all over the country. If you have a little space in your house you can easily apportion the space for poultry farming. Thereafter, advertise your business to the people around you and let them be your first set of customers.

You may also decide to go into poultry business on a full scale which may require you to get a piece of land. However, you need to learn the basics of this business before diving into it.

7.  Fish Farming

Fish farming

Fish farming is the raising of fish in fish ponds for commercial purpose. There are many species of fish worldwide but the most commonly reared for commercial purpose in Nigeria are tilapia and cat fish. Therefore, if you want to start a fish farming business from home in Nigeria, you should consider doing a research about it from experts in the business. This will help you choose the best species of fish to farm and moreover, get practically trained.

8.  Mobile Phone/Laptop Repair

Phone and laptop repair as a good home business in Nigeria

Everyone has a mobile phone or a laptop or both. These gadgets are prone to having faults. If you have the skills to repair any or both of these gadgets, it will be a good source of income for you. But if you do not have the skills, you can always learn it. Mobile phone and laptop repairs are learnable skills.

You can learn how to repair mobile phones within one (1) month. Meanwhile, laptop repair may take you longer than a month to learn. All the same, it pays to have a skill than to have none especially with the economy of the world right now. Therefore, it is one of the best and unique home business ideas in Nigeria.

9.  Liquid Soap, etc. Production

soap production

Liquid soap, bar soap, etc. are always in high demand all over Nigeria. If you have the relevant skills to produce them, it can be a good source of passive income for you. If you do not have the skills yet, you can always find someone to teach you. Moreover, some of these skills can be freely learnt on YouTube. “YouTube has videos for almost everything”. This kind of business is an excellent home business idea in Nigeria because you do not need to open a shop to start it.

10.           Rental Services

Rental services - home business ideas in Nigeria

A rental service is surely a good business idea you can start from home in Nigeria. You can have a rental service for cooking utensils, chairs, tables, canopies, etc. People are always in need of these things for events and parties and this can be a great source of income for you.

11.           Mini Importation

Mini Importation is also called E-Commerce Business. It is a business model that involves importing goods cheaply from countries like china or USA and selling them at your own desired price here in Nigeria. For instance, you can import a good at the rate of N5,000 and sell it here in Nigeria at N10,000. It’s that easy. It is a business you can start from home. However, if you are new to this business model, you need to be properly trained and guided so that you do not run at a loss.

There is a video created by one of the most successful mini importers in Nigeria about how to start a mini importation business in Nigeria. Click here to see the video.

12.           Information Marketing

Information Marketing has to do with packaging your knowledge about something that people are looking for into an e-book format, an audio format or a video format and selling them for profits. This is also one of the best home business ideas in Nigeria. People definitely have problems and they will pay any amount to get a solution. If you have the knowledge of the solution to the problems, you can package it for sale.

The information marketing industry is a fast growing industry all over the world. However, if you are new to this business model, here is a video you can watch to get you started. Click here to see the video.

13.           Tailoring/Fashion Designing

Tailoring and fashion design- home business ideas in Nigeria

Tailoring and fashion designing is also a great home business idea in Nigeria. One can start this business on a small scale and advance it later. People are always in constant need of the service tailors and fashion designers around them. Some people do not mind paying any amount to get an excellent design for their clothes. Therefore, if you have tailoring skills, don’t let it be dormant in you. Start a tailoring/fashion designing business from home today.

If you desire to go into this business but do not have the relevant skills, consider learning the skills. However, you need a little startup capital to acquire the gadgets you need for the business.

14.           Freelancing

Freelancing in Nigeria

Freelancing simply means trading your skills for cash online. It is a great home business idea. A freelancer is an independent contractor. Many individuals and companies are constantly in need of people with relevant skills online to carry out their tasks. Therefore if you have skills like graphic design, copywriting, editing, proofreading, and so on, you can register with freelance websites and make money from it.

There are many freelance websites you can register with freely to turn your skills into cash. Some of them are: Fiverr, Upwork, 99Designs, Freelancer.com, etc. Also note that some individuals or companies may ask you of a sample of a previous work you have done before they give you any freelance gig (job).

15.           Network Marketing

Network marketing - home business ideas in Nigeria

Network Marketing is a great business idea too. It is a business model that is based on a referral system. However, this business model may not really be a kind of business you can do from home but it surely pays if done the right way. Many people shy away from network marketing but the few who are determined to make it work succeed in it.

Moreover, Network Marketing businesses require you to produce referrals. This is why many people shy away from it but if you commit yourself to make it work, it will surely work for you. All you need to do is look for people who are successful in it to mentor you on how it is done.

16.           Dropshipping

Dropshipping is a fast growing business all over the world. It is similar to E-Commerce business. This business model involves having an online store where you sell products that you do not even own physically. This is how it works: You as the dropshipper finds a buyer (customer) and a seller. Then you buy cheaply from the seller and sell to the buyer at a higher amount. However, you are not the one who will make the delivery. The seller himself will do that.

This is a home business idea you can do from anywhere in Nigeria. However, Dropshipping will require you to have a website. Websites are easy to create these days. You can do it all by yourself by buying a domain name and a hosting plan. Then read this article on how to set up the website.

17.           “Youtubing”

Creating a YouTube channel-home business ideas in Nigeria

Having a Youtube channel can be a good source of passive income from home for you. It is easy to create a YouTube channel but growing to monetize it can be challenging if it is not done the right way. Here are the steps to start a profitable Youtube channel:

  • Decide on a niche (An aspect you want to be posting videos about)
  • Create the YouTube channel
  • Customize your channel (You can easily use Canva for this)
  • Create video contents
  • Monetize your channel

Read more about how to start a profitable YouTube channel HERE.

18.           Baking/Bakery Business

Baking business home business ideas in Nigeria

People can’t do without baked products. Therefore, baking business is a good home business idea in Nigeria. If you are skillful in it, you can be getting contracts to supply baked products at events.

19.           Catering Services

Catering is the activity of providing food and drink to a large number of people especially at weddings, parties, birthdays, etc. This is a business one can start from home. But you need a little cooking space in your compound to get started. However, you need relevant skills to go into this kind of business.

20.           Copywriting

Copywriting is a high income skill that is in high demand all over the world. If you are looking for best home business ideas in Nigeria, you cannot go wrong with copywriting. It is a form of writing used to persuade people to take an action. Every business needs the service of a copywriter to take it to the next level. Copywriting can make you a full time living from home. You can begin your copywriting career from websites like Fiverr, Upwork and Freelancer.com. However, this book will help you get started with copywriting. Click here to get the book.

CONCLUSION

Conclusion

Here are the twenty (20) home business ideas in Nigeria that you can start, even right away. Select the one that is good for you and take action immediately. What do you think are the best business ideas one can start from home in Nigeria? Let me know your thoughts in the comment box.

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All the best!

 

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