Nigeria is a country blessed with several daily income businesses to venture into. Gone are the days where owning a business was a luxury only the rich could afford. Now, there’s a whole lot of business opportunities you can start with affordable business capital.
Let’s take a look at some of these businesses:
1. Food Business
The food business is one of the most lucrative daily income businesses in Nigeria. The reason for this isn’t far fetched as food is an integral part of people’s lives.
2. Hotel Business
This business thrives a lot in Nigeria because of the population. Also, there is a constant need for people to move from one place to another for either business or pleasure, and hotels provide a resting place.
3. Affiliate Marketing
Affiliate marketing deals with you referring products and services to people and getting paid a commission in return. If you’re an SME in Nigeria looking for a daily income business, all you have to do is get people to purchase products or services through your unique link.
4. Freelancing
Freelancing allows you to work part-time and from anywhere for different people. It could be writing, designing, web management, amongst several others.
5. Hair Dressing
Being a hairstylist means you have to attend to the hair needs of several people daily. This business is one sure way to earn your daily income.
6. Barbing Saloon
The barbing salon is open to people, both male and female, looking to get a nice haircut or shave. All you have to do is do a great job of making them look good and earn your daily income.
7. Car Wash Business
Due to the busy nature of people, they have to outsource the work of having their cars cleaned. The more excellent services you provide, the more customers troop in and out of your car wash daily.
8. Transportation Business
Movement from place to place is a necessity for people, whether within or outside the state. You can run this type of business by using your car as an Uber or even Bolt.
9. Baking Business
If you love and enjoy baking, you should turn that passion into a daily income stream. Baking cakes and pastries for events or merely selling will make you a lot of money daily.
10. Dry Cleaning Business
With a washing machine and an iron, you can provide laundry services to those who require help with their dirty laundry.
11. Online Tutorials
The demand for online education is on the rise. If you are knowledgeable in any field of study, now is the time to convert such knowledge into online tutorials and get paid for it.
12. Gaming Business
Several diehard lovers of gaming out there will pay to have access to their favourite games. Setting up a gaming business will lure them in for the right amount.
13. Poultry Farming
This business is one of the top business ideas in Nigeria. With poultry, you can sell chicken eggs, or the chickens themselves for meat.
14. Haulage Business
The pandemic has made transportation of goods and services quite daunting. You can offer haulage services to businesses and companies in need of such service.
15. Money Merchant
Being a money merchant involves performing monetary transactions for customers using platforms like Page.
16. Paid Survey Business
Answering surveys based on your background is another source of daily income in Nigeria. Once you complete surveys, you get paid. It’s as easy as that.
17. Tokunbo/Thrift Business
A lot of Nigerians can barely afford the luxury of shopping from expensive boutiques. Opening a thrift store to meet the fashion needs of such people is an excellent source of income.
18. Pure Water Business
Everyone needs water, and that’s a fact. If you can provide clean and hygienic water for people to buy, you’ll do just fine.
19. Digital Marketing
If you’re good with social media marketing and Search Engine Optimization marketing, you can turn it into money. You can do this by managing social media pages or creating SEO optimized content for businesses.
20. Electronics Repair Business
This business has unlimited potential for profit with a low start-up cost. You only need to learn the ropes of being a good electrician.
21. Snail Rearing
Snails rearing requires a low start-up capital and yields profit fast. This business will yield daily income as long as you can house and protect the snails.
22. Internet Subscription
People need an internet subscription to access the internet. Providing subscription services to people will generate income daily.
23. Recharge Card Business
Selling recharge cards of various networks and amounts is one of the best daily income businesses in Nigeria.
24. Liquid Soap Production
Virtually all households in Nigeria need this product. You can make money off it by meeting the demand needs of its users.
25. Rental Services
If you possess a range of equipment or gadgets, you can rent them out when the situation calls for it.
26. Web Design
Most businesses now have an online presence. If you’re good at web designing, you can make money from handling a company/organization’s website designs.
27. Sports Betting
You can make money by taking advantage of people’s love for football. All you have to do is provide a platform for them to enjoy their favourite matches for a fee.
28. Tailoring
People require the services of dressmakers to make their outfits. This need makes it the perfect business to explore if you have a passion for sewing.
29. Small Chops Business
With creativity and packaging, you can convert your catering skills into money by selling small chops.
30. Manicure and Pedicure Business
Everyone enjoys a great manicure and pedicure session. If this is your forte, then you’re sure to earn a lot from it.
You can venture into all of these daily income businesses without breaking the bank. Having established that, which of them are you willing to venture into as an SME in Nigeria?