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Home» Questions»Q 172914
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Carpon
CarponExpert Mind
Asked: August 2, 20252025-08-02T18:32:14+00:00 2025-08-02T18:32:14+00:00In: Money & Business

What good business can I start in Nigeria with 100,000 naira

What good business can I start in Nigeria with 100,000 naira
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5 Answers

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  1. Midio
    Midio
    2025-08-02T18:56:02+00:00Added an answer on August 2, 2025 at 6:56 pm

    Due to the economic recession and also the high inflation in this country this past few years 100,000 naira has now been devalued that it is not what it used to be 5 to 10 years ago. Nowadays 100,000 naira is not even enough to buy a good Android phone and this is disheartening to say the least . ToRead more

    Due to the economic recession and also the high inflation in this country this past few years 100,000 naira has now been devalued that it is not what it used to be 5 to 10 years ago.

    Nowadays 100,000 naira is not even enough to buy a good Android phone and this is disheartening to say the least .

    To be frankly honest the kind of business 100,000 naira can fund is not really a very huge business.

    You can just start a very small business like selling food or selling data.

    You can also work as a pos agent or a barber.

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  2. Augusta
    Augusta Enlightened Mentor
    2025-08-03T04:18:18+00:00Added an answer on August 3, 2025 at 4:18 am

    As a Nigerian With 100,000 naira, you can start several small, profitable businesses. Some promising options include selling food whether raw or cooked. This can be as simple as selling cooked meals like shawarma or popcorn, or selling raw food items like eggs or produce. You can offer laundry serviRead more

    As a Nigerian With 100,000 naira, you can start several small, profitable businesses. Some promising options include selling food whether raw or cooked. This can be as simple as selling cooked meals like shawarma or popcorn, or selling raw food items like eggs or produce.

    You can offer laundry services, or becoming a makeup artist or selling beauty products.

    Partnering with Schools:You could offer drinks and snacks to students, potentially focusing on selling mostly healthy snacks

    You could also consider reselling items like thrift clothing, or starting a small-scale online business with digital products.

    With 100k you can start this simple but profitable business in Nigeria

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  3. Polojay
    Polojay Active Contributor I am a student
    2025-08-04T04:32:09+00:00Added an answer on August 4, 2025 at 4:32 am

    Here is a catalog of business you can establish with 100,000 naira in Nigeria: 1. CATERING SERVICE: You can sell variety of foods, beverages and also baked products. 2. PERFUME SELLING: These includes oil perfume and body sprays 3. POS AGENT: You can become a POS agent where you offer withdrawal, caRead more

    Here is a catalog of business you can establish with 100,000 naira in Nigeria:

    1. CATERING SERVICE: You can sell variety of foods, beverages and also baked products.

    2. PERFUME SELLING: These includes oil perfume and body sprays

    3. POS AGENT: You can become a POS agent where you offer withdrawal, cash deposit and other transaction.

    4. SALES OF MOBILE ACCESSORIES: which includes screen guards, earpiece, phone case.

    5. SOAP MAKING: you can produce homemade soaps.

    6. LAUNDRY SERVICE: Washing and ironing of cloths.

    7. FRUIT SELLING: you can sell varieties of fruit like apple, oranges, carrots, mango, dates, water melon.

    8. PHOTOGRAPHY : Like passports, outdoor picture, making of frames, photo enlargement.

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  4. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    2026-04-24T08:46:52+00:00Added an answer on April 24, 2026 at 8:46 am

    In Nigeria, you can kick off a small yet bustling business with ₦100,000. Daily-selling food like snacks, shawarma, or small chops requires minimal setup and is a great option. Another profitable choice in a busy area is POS/agent banking. Consider exploring thrift clothing (okrika), selling perfumeRead more

    In Nigeria, you can kick off a small yet bustling business with ₦100,000. Daily-selling food like snacks, shawarma, or small chops requires minimal setup and is a great option. Another profitable choice in a busy area is POS/agent banking. Consider exploring thrift clothing (okrika), selling perfume oil, or dealing in phone accessories. Remember to prioritize in-demand products, secure a good spot, and reinvest your profits for steady growth.

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  5. eldavis
    eldavis Enlightened Mentor Graphic designer
    2026-04-24T15:54:40+00:00Added an answer on April 24, 2026 at 3:54 pm

    With today's economy, it might be a little hard to start up a business with this amount but definitely not impossible. With a hundred thousand naira, you can start up a small polo sales business. You can buy a few pieces, you don't actually need a store to startup, you can do this from the comfort oRead more

    With today’s economy, it might be a little hard to start up a business with this amount but definitely not impossible. With a hundred thousand naira, you can start up a small polo sales business. You can buy a few pieces, you don’t actually need a store to startup, you can do this from the comfort of your home with the use ot social media. Starting a small chops business is also another good business to start with this amount. 

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