No doubt, Nigeria is one of the countries with high rates of hard-working women, my mother and grandmother are living proof
Nigeria is extremely filled with women waking up daily to take on masculine tasks or jobs all for the sake of living and being industrious at the same time
We discovered businesses with huge earning potential are still thoroughly unexplored, while some even hide in plain sight, without conspicuous reason
Below is the breakdown of 10 lucrative business ideas for ladies in Nigeria to enhance the standard of living without breaking the bank
Also Read: Top 12 Best Places To Educate Yourself Free Online
Makeup Artistry
I emphasized how lucrative this service is in a recent article on 10 Highly Profitable Handworks To Learn In Nigeria To Make Money
Makeup is a service rendered by beauticians to make people’s faces more appealing and beautiful with a combination of cosmetic solutions
However, most enter the service with the wrong mentality of letting me acquire the skills set then waiting for my client or informing a few more people closely related to me for call up
Here’s what you need to know, the size of your income is determined by number of handshake you get
You have to go where your potential client is [party, wedding, ceremony] then seek their approval on coming around to fix them up against the next outing, for every yes you get, so as your client base soar with more referrals
Also Read: 15 Ways To Create Multiple Online Source Of Income In Nigeria
Agro product Supplier
Agriculture never for once stopped offering more job opportunities, but it seems the more civilization fills the air, so as the culture credibility degrades over time
Tell me how many houses you have seen with cocoa, melon, palm kernel or other farm product spread out in the sun for drying or how many houses do you have in your locale with a little piece of garden set aside for farm production?
This unnoticed issue alone stimulates food values on a daily basis let alone importation of similar farm products we produce here in Nigeria
Agriculture houses various sectors like [Crop Production, Livestock, Forestry, and Fishing] you need just one sub-sector like crop production then you are settled for life expanding your knowledge in the field
Food is always in high demand, and you don’t even need to handle a hoe but connect sellers to buyers
However, you will handle most of the heavy lifting, from visiting rural areas to sourcing cheaper farm products to sell high in the urban areas
Start networking with retailers, discuss your terms and your price, work it out with them, then start selling to already demand you have created for your goods prior to transportation to the location of your intended marketplace
You can start with high in demand agro-products listed below
- Potatoes
- Plantain
- Yam
- Beans
Ensure getting geographic location with the largest production, they sure do have the cheapest goods to source for
Also Read: How To Start Profitable POS Business In Nigeria: 3 Hidden Secrets
Online store
With as low as #50,000 capital, you can start selling various products online [wears, electronics, cosmetics] and more
You don’t even need a physical storefront, a business page on popular social networks could literally put you in business
So long, you have a compelling product with good quality, the business comes with instant gratification being one of its upsides but requires perseverance
Do your research, get the required knowledge then startup with some token, grow while scaling up from there
Also Read: How to start Ecommerce business in Nigeria: 7 simple steps
Video blogging [Vlogging]
Video logging has been making rounds over the years, it’s a profitable business idea for Nigerian ladies who are creative in one way or the other but looking to get paid for the gift and expertise
If you can make entertaining, educational, informational, product review videos you should surface in the spotlight that consistently pays you for the effort
I would recommend doing this as a side hustle, and then you can devote whole attention to it when it starts taking care of the whole party
Also Read: How to start profitable leatherwork business in Africa
Restaurant business
Have you noticed one pattern about eatery or fast food, no matter how small the investment, people always step into the eatery
Why? Because we can’t go a day without filling our stomach, regardless of the food quality or delay
Also, I don’t know if you have got a passion for this food business or not, what I know is people will pay for your meal if it’s averagely okay for their taste bud, but when you work to upgrade your cooking skill
My sister, you won’t be informed to stick to the popular saying “know your worth and stop giving people discounts”, that is when you start charging for the effort
Big restaurants charge more for their food not because of the exquisite meal experience but for the elegant chandeliers, sparkly restroom, air condition system
You don’t need to afford all that before you upgrade your menu fee, get better with your cooking skill and start charging for the sole reason
The restaurant is a lucrative business idea for Nigerian ladies but requires sufficient capital to get off the ground
Also Read: Mini importation business in Nigeria: How to start guide
Pastry and Baking
I still remember the good old days, when bakers are so creative with low-budget pastry [chin chin, buns, bread buns, egg roll, and pie]
There was this man, who often come to our primary school with this cone-shaped bun, garnished with fried fish surfacing right in the middle of the pastry
It’s just too attractive to pass up for real food, if this memory of decades still stuck with me till now, imagine what you could accomplish with affordable pastry widely distributed to retailers around primary and secondary institutions and also with the highly populated neighborhood with kids
Also Read: 2 proven tips to setup a successful bakery business in Nigeria
Frozen Food Shop
Am happy to tell you the average monthly turnover of frozen food shop is #150,000 with high profit and patronage potential, as it’s always in demand
First on, you need to ensure there is reasonable uptime of electricity in your intended location before going deep into the frozen food business or constantly add the operating cost’s row into your expenses balance sheet instead
A frozen food retail shop is a business commonly synonymous with ladies and widely accepted across every geo-political zone of Nigeria
Indulge a feasibility study, you shouldn’t surfer 2 environmental factors that constitute a perfectly situated frozen food business [electricity, security, and customers]
Also Read: How to setup a successful cement block business in Nigeria
Cooking Gas Business
Another profit-driven business idea for ladies in Nigeria is the cooking gas business, no doubt it’s highly crowded with men, also with enough room for industrious ladies
Kerosene has once been our go-to fuel until the constant price inflation became unbearable to not welcome a better alternative [cooking gas] for its speed and cost-effectiveness
Get the capital and reach out to the store owner for a proper guideline
Also Read: Starting A Supermarket business In Nigeria? 10 Things To Know
Noodle frying vendor
I once discussed this with a circle of my friend that noodle-frying business is one of the most lucrative businesses ever coined by certain Nigerian tribe well known for it
Noodle frying is not capital intensive, as it’s one of the businesses you can start with #50,000 or lesser, it depends on your proposed settings and the level of hospitality you want to establish
As a lady who knows how to quickly fix this super-fast food, your primary objective should be sourcing for commercial and public spots with transport workers, high traffic routes with students, civil workers, and more, then you are in business after discussing your space with the landlord or caretaker
Also Read: Starting A Football Viewing Centre In Nigeria: 3 unavoidable steps
Affiliate marketing
I once disliked this word for its saturation, affiliate marketing here and there, until it becomes clearer to me that at some point, we are all affiliate marketers recommending other products, people, and things in one way or the other but only get a reward for the effort until we learn its true definition
Good and common examples that best define affiliate marketing is popular eCommerce websites [amazon, alibaba] connecting buyers to sellers without products of their own
Do you know of any product solving a big problem or improving people’s lives, people are somewhere craving for such products, and you can connect them either through paid or organic social media marketing alongside word of mouth marketing to have a solid business for yourself as a Nigerian lady who wants to stimulate her dignity in the society
You can sell a half-baked crash course, so long it keeps to the acclaimed promises, your little error can be overlooked, besides it solves a problem or improved the buyer’s existence
However, the only don’t in this line of business is to never promote half-baked resources and your liable affiliate marketing challenges will be easily trampled upon
Also Read: Affiliate Marketing Guide, How You Can Get Started
Conclusion
I will assume you have chosen your pick from the 10 profitable business ideas for ladies in Nigeria
My little advice is to shy away from getting 100% information before you take the leap, successful people don’t wait till the coast is clear or get all the information before they hit the road
Do your research, then get started with the little resources at your disposal, you may also consult accomplished people guidance to optimize each move