Table of Contents
What should I invest with 500k in Nigeria?
9 Businesses You Can Start with 500k in Nigeria
- Mini Importation Business.
- Sales of Clothes and Shoes.
- Barbing Saloon Business.
- Football Viewing Center/Game Center.
- Hair Dressing.
- Real Estate Business.
- Block Moulding Business.
- Computer Service Center.
What can I invest in to make money fast in Nigeria?
20 ways to invest your money wisely in Nigeria
- Online Investment Apps.
- FGN Savings Bond (FGNSB)
- Stocks.
- Online Agric Investment Portals.
- Mutual Funds.
- Stanbic IBTC Equity Fund.
- ARM Aggressive Fund.
- Stanbic IBTC Money Market Fund.
What are the best investment options in Nigeria?
List of the Best Investment Opportunities in Nigeria
- Bank Investments.
- Cryptocurrency and blockchain investments.
- Real Estate Investments.
- Agriculture and Livestock Investment.
- Bonds and Stocks Investments.
How can I invest 200k in Nigeria?
Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.
- Open a Restaurant.
- Start a Fumigation Business.
- Laundry and dry cleaning services.
- Starting your own home services.
- Importation of wears.
- Livestock farming.
- Car wash center.
- Corporate cleaning services.
What can I do with million naira?
Business I can start with 1 million naira in Nigeria
- Opening a small supermarket.
- Opening a small restaurant.
- Boutique business.
- Phone and computer accessory business.
- Bakery business.
- Producing yoghurt and ice cream.
- Poultry farming.
- Fish farming.
Where can I invest in 2021 in Nigeria?
Here are the most lucrative investment opportunities in Nigeria:
- Agriculture. Nigeria’s population is estimated to be over 200 million.
- Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria.
- Oil and Gas.
- Mining.
- Manufacturing Industry.
- FGN Savings Bond.
- Stocks.
- Fixed deposit.
How to invest in Nigeria with a small amount of money?
Another way to invest in Nigeria with a small amount money is via mutual funds. With as little as N5,000 you can invest in some very viable mutual funds in Nigeria and relax to see your money grow. A mutual fund is a collective investment scheme set up by a professional money manager.
What are the best investment and savings websites in Nigeria?
Some of the best investment and savings websites, apps or portals in Nigeria include the following: I-Invest – I-invest helps retail investors to invest in money market instruments like bank deposits and Treasury Bill with very small amount of money. The rate of interest you earn by using this app can be as high as 20 percent per annum
Is it good to invest in the Nigerian mutual fund market?
It is also suited for the retail investor or one who have small amount of money to invest. In 2018, it was estimated that the mutual fund market in Nigeria was worth N600 billion ($1.96 billion) with an average returns of approximately 15 percent.
Is $100 USD a lot in Nigeria?
Not a lot! 100 USD translates to about N36000. Trying to put in context for the things you might likely want to do while in the country as a tourist (I am presuming that you intend to travel to Nigeria and that you would probably end up in Lagos).