In This Post, We’ll Look At Daily Income Businesses in Nigeria:
We’ve compiled a list of 15 tried-and-true daily income businesses in Nigeria that might earn you money if you give them a go!
Are you one of the many Nigerians who are sick of getting up at 8 a.m. to hurry to work and then closing at 5 p.m. with no additional money?
If you’re tired of being bossed about and want to be your own boss, there are a variety of daily income enterprises to consider.
This essay about establishing a small company might help you understand how to create a business that you can expand slowly while earning a side income.
Your problems are gone since we’ve compiled a list of 15 daily income businesses in Nigeria from which you may profit.
So keep reading to learn about 15 small-scale enterprises that will make you money on a daily basis and that you can start with very little money.
Daily Income Businesses in Nigeria With A Profitable Daily Income:
Barbershop
Almost every guy in Nigeria visits a barbershop at least once a week, either to get his beard shaved or his hair trimmed for N300 or N1000, depending on the locality.
Women go to the barbershop to get their hair dyed or cut, just like men.
In Nigeria, opening a barbershop is one of the top daily income businesses. Furthermore, starting the company is really simple, since it can be done for as little as N300,000, and the good news is that there is a ready market.
Depending on the number of funds available, you may open a number of barbershops across the city and then hire qualified barbers to manage or operate them.
Depending on your region, you might expect weekly returns of N10,000 to N15,000, or possibly more.
You should consider the following factors while starting a reasonable and modest salon:
When renting a store in a densely populated region, it is usually a good idea to choose residential areas where the business may be readily inspected by the locals.
It must be well-equipped to give consumers with comfort, including wall mirrors, televisions, music, enough ventilation, rotating seats, and waiting areas.
Clippers, powder, a UV lamp for destroying germs and infections from clippers, relaxers, hair colour, towel warmers, cover clothing, gloves, and so on are all examples of equipment.
In the event of a power loss, a generator should always be kept on hand.
You may also purchase other items for sale, such as clippers, blades, brushes, aftershaves, and so on.
Car Washing Service
Another profitable business that may earn you money on a regular basis is car washing. It is simple and inexpensive to put up.
Many vehicle owners nowadays find washing their own automobiles time-consuming and exhausting, so they choose to get it cleaned at a car wash to save time and energy.
There’s no way you won’t have at least five vehicles to wash in a day, each at a cost of N1,000, for a daily total of N5,000.
All you need to get started is a bucket, hoses, brushes, vacuum cleaners, dashboard spray, cloths, sponges, and other supplies.
Dry cleaning and laundry services
A washing service company may, without a doubt, bring you money on a daily basis. Depending on the area, a medium-sized laundry / dry cleaning service costs between N400,000 and N1,000,000.
Renting an office, acquiring a generator, washing machines, and other accessories account for the majority of the expenditures. You may just utilize your house as an office if you truly want to save money.
You’ll need the following items to start a laundry and dry cleaning business:
Machine for washing clothes.
Ironing board and pressing iron
Buckets and a water storage tank are used to stop some water, ensuring that operations are not disrupted in the event of a public water supply failure.
Ironed clothing is packaged in packing bags.
Establish a Point-of-Sale Payments Service
POS Payment Services is the next company on our list of viable daily income businesses in Nigeria.
The POS company comes in useful in places where there are no banks or just a few ATMs, since you can conduct e-payments for customers who can’t go to the bank due of a lengthy line or a limited number of ATMs.
Depending on the amount being withdrawn or transferred, you may charge from N100 and above. All you need is a tiny store or kiosk, as well as a point-of-sale equipment.
Sports viewing centers are number 11 on the list.
The majority of Nigerian adolescents are football fans, and most matches are held on weekends, so picture how much money you could earn by opening a sports-watching center where fans can come see their favorite teams play.
A space, two to five large television sets, a generator, seats, and a DSTV premium membership are all you need.
You may charge N100 or N300 depending on where you are. Consider having a location that can accommodate up to 100 people and more for N100 each weekend or more.
Betting Shop
Starting a betting shop is another popular daily income business in Nigeria that may provide you with a decent income.
Knowing that many Nigerians who do not have access to smartphones like betting, creating a betting shop would allow customers to come in and wager and play virtual games, among other sports, for as little as N400,000.
Makeup Studio
This is just another way for Nigerians to earn money on a regular basis. It’s possible that you won’t need a store to get started.
You may just market your knowledge on social media and be surprised at how many calls you get.
You may easily learn how to make people up by enrolling in a certificate program or watching internet tutorials, and you’ll be an expert in no time. A makeup artist in Nigeria might earn anything from N5,000 to N50,000 depending on the occasion and style of makeup.
As your company grows, you may rent a store and furnish it with the appropriate equipment, such as a ring lamp, a wall mirror, and a professional make-up box.
Before you realize it, you’ll have an inflow of clients and will need to hire staff to help you with your company.
Writing as a freelancer
This is one of the finest daily income businesses anybody in Nigeria may start.
It is a low-investment company, and all that is necessary to write for websites are excellent and professional writing abilities.
Depending on what you’re writing and the site you’re writing for, some freelance writers may earn anywhere from $50 to $2,000 every piece they publish. All you need is a laptop or smartphone with internet access.
Okirika (OK) Clothing and Shoe Manufacturing
If you look closely, you’ll see that just a small percentage of consumers shop at Okrika vendors because they can’t afford the high-priced clothing and shoes.
There will always be a crowd when good clothing and shoes are offered, so why not put this up for consideration since it is inexpensive to start and you can earn money on a daily basis?
Food Vendor
In Nigeria, the restaurant industry is also one of the most successful daily income businesses.
It is incredibly simple and inexpensive to get started. Imagine spending N5,000 to make a pot of soup using garri and generating an additional N4,000 or more in after-sales.
Plantain Chips Manufacturing
Take a walk down the street and you’ll see a variety of brands of plantain chips on sale, all of which are running out quickly.
So, if you can handle production and shipping to retailers and distributors, you’ll be able to earn a solid living every day.
What you’ll require:
N3,800 for a large pan, N17,000 for a tiny sealing machine, N2,000 for nylons and labels, and N2,000 for other utensils (N5,000).
The remaining N 25,000 will be spent on plantains and logistics. Deliver to stores and dealers to make a consistent daily income.
Shop for phones, laptops, and accessories
Phones are one of the most popular items in Nigeria. People are selling their old phones to acquire new ones, as well as phone accessories such as chargers, earbuds, and laptops, among other things.
The majority of these electrical accessories are available for purchase on Ali express or Alibaba. Of course, the more you purchase from these online platforms, the cheaper the price, and since these items are small in weight, transporting them down to Nigeria won’t be too difficult or expensive.
The majority of these items may be purchased for as little as N500 on foreign e-commerce websites and then resold at greater costs.
Layer Rearing for Egg Production
To start a chicken layers farm, you’ll need to buy day-old chicks from a reputable hatchery or layers that have already started laying.
Poultry farming has become one of the most lucrative industries in Nigeria, not just for farmers, but for everyone willing to learn the trade.
Bakery Company
As you are probably aware, the greatest product to deal with is one that is in high demand in the market, and bread is one of such products.
According to a recent poll and research, bread is one of the top ten most popular foods in the planet. In Nigeria, bread is a popular gift. Bread is a popular item purchased and requested when people travel from one location to another.
With these considerations in mind, we can fairly assume that launching a bread bakery company in Nigeria, or anyplace else in the globe, would be a profitable venture.
Transportation Industry
Transportation is without a doubt one of Nigeria’s most successful daily revenue businesses.
Mobility is an important aspect of human existence, which is why you will see individuals traveling from one location to another on a daily basis.
When there is no public transportation to bring people to their various destinations, life becomes unpleasant for those who do not have their own means of transportation.
Consider buying a bus or a compact Toyota Corolla or Camry to utilize for Uber business or town drops. You can see how much money you may generate on a daily basis.
An Uber or bus driver may earn anywhere between N20,000 and N50,000 per day, so transportation is another option to consider.
In Nigeria, a summary of the daily income business
It’s one thing to have the funds to start a company; it’s quite another to know what line of business to get into.
So, with these daily income companies in Nigeria to earn the money described above, I am certain that they will assist you in deciding which company is best for you and your area. Best of luck with your new venture!
