Profitable business ideas are the time of business that will fetch you a whole lot of money in a very short period of time. These businesses are not in any way related to ponzi schemes or MMM (Money Doubler businesses).
But are the types of business that you will have to put in a good amount of money as your start-up capital. Profitable business a times require patience and time and at the end the ROI is always massive.
Moreover, there are things to take note of when looking for a profitable business to venture into, one of the things to take note of is that profitable business idea is not in any way related to gambling or getting involved in sporty bet.
Meanwhile, the profitable business ideas in this content is only applicable to those who live in Nigeria. Why is it so? This is because the type or nature of country you live or reside in will have to determine the nature of business that is profitable to do. This is why in business location matters a lot.
List of Profitable Business Ideas in Nigeria
This is the List of Profitable business ideas in Nigeria, if you are to invest you must be serious about it for it not to look as if this content is misleading please.
1. Petroleum (Gas, Kerosene & Fuel)
Selling petroleum in the refined form a very lucrative and profitable business idea, one of the things that made it so is because this is one of the things that is been needed on a daily basis in Nigeria.
If you need millions of naira in these business idea then you have to build or buy a fuel pump station you can still make a lot of money off this business by selling at a black market price as a retailer.
The cost of gas and kerosene is above the normal price and a lot of people can’t help the situation but buy it like that.
I have an aunt who was in to the business of selling kerosene some time ago, she wasn’t making a good profit so it prompted her to lock up her kerosene tank, this was about some months ago when a liter of kerosene was still at the sum of 350. Only for her to bounce back to kerosene business now that a liter is one thousand fifty naira (#1050).
