January 2021


Hey! I’ve got four things for you today; freaky reasons, a top model outburst, an insane business to start with 100k in Nigeria for 2021, and a quick billionaire request.

For you to get to this page that means you are thinking of that lucrative business to start with 100K in Nigeria or less capital.

From our research and survey on money-spinning low-risk productive business in Nigeria to start in 2021, you need to consider business ideas around your passion and your environment so as to keep the initial investment capital low yet sustainable.

It will interest you to know that, there are some unpopular easy profitable business ideas you can start with less than 100k capital and you won’t need a loan of any nature to execute such business. We outlined those businesses from our experienced solution for you to try out in 2021.

Here are 60 good businesses to start with 100k in Nigeria:

1. Cooking & delivery business

Currently, many people no longer have just the time to make any meal for themselves or even for the family due to their busy schedules while some people like tasty delicious meals but don’t know how to cook them.

If you have skill or passion in cooking or you have been thinking on what type of business can I start with 100k in Nigeria 2021.

In the meantime let us describe some of the cooking businesses that are under 100k for you:

• First of all, you can take a contract of going to peoples home and cooking different dishes that they can store while you charge for your service.

• You can do corporate service: where you take peoples orders, cook in your house and deliver to their offices, events or home while branding or customising your package

• You can do catering services.

• You can have a fast food restaurant shop at a busy location or bus stop

• Your cooking can target healthy or weight watchers niche market by using organic and natural ingredients.

Make sure you cook and deliver what people want at the right time.

2. Content writer

If you have passion about writing on any particular niche then this will be a business to start for you.  You will have to be a professional writer in making, who can produce content for online use.

Those content have to be in the form of articles, blog posts or video contents and any other form of writing for web. You don’t need much to start this business, this is one of those businesses you can start with low capital and high return, however, you will need internet connection, smart phone or laptop.

Many businesses are looking for people like you to manage their website with contents that can pitch sales for them or you can be a freelancer on platforms like fiverr for as low as $5.

3. Car wash business

It is important to note that car wash business can milk money for you depending on your plan and business ideas so you need to get focused with this one even though you started with a budget as low as 100k. It is a business you run anywhere in the country not necessarily in Lagos city but you need a nice location with water supply.

By the way, we mentioned that the business can milk money for you depending on your business idea and plan.

Let us run a few scenarios for you here; when people bring their car for in and out washing which last for an hour or so depending on the size of the car, they need somewhere to wait, rest while waiting for their car, imagine having a corner for relaxation with cool music background that can serve chilled drinks and chops or snacks or foods that can go with it.

Your next question will be. How can I set it up when you said is a business to start with 100k in Nigeria 2021?

Here is the deal; you can outsource those services to other small entrepreneur with quality services while you collect rent which adds up to your monthly revenue. Make sure you have terms of service that you can renew from time to time.

Another scenario, in the long run; you can provide the services yourself by employing people to do them like running a bar.

Final scenario, you can include indoor sports like snooker, table tennis.

4. Daycare services

Generally speaking, is no longer the era that mothers are full time house wives, majority of mothers are working full time if not more to support their families, so that brings us to the subject matter where will they keep their babies to be able to go to work.

Following this, mothers have to patronise day cares while some are far away or not reliable, so you can see the problem and you are still asking what kind of business can I start with 100k in Nigeria. As you can see, you can provide day-care services solution with 100k in Nigeria for 2021.

You need a place or if your place is spacious; start with it and network with relations, friends and your community children as your first off takers or clients.

5. Fairly used goods or second hand items

In any case, you must have heard of people buying and using second hand stuffs or that you are part of the existing web.

The Nigerian economy is so bad that minimum wage is not enough to buy new items for people so they rest their shoulders on fairly used items such as gadgets, clothes, shoes, cars, household items and every other thing useable that you can think of.

How about the popular Okirika clothes? We are not just talking about or concentrating on foreign used items but home used items as well.

Is so obvious that you can start this profitable business with less than 100k investment.

6. Laundry business

Again, is a business that is gaining attention right now because people don’t have time to wash their clothes anymore even clean their homes.

You can equally save cost from washing detergents by making yours because the washing detergent is the highest portion of your monthly overhead cost so try to minimise it and still keep quality high. You can learn to make the detergent if you don’t have the skill already.

Now that you are ready, you can get a good location within residential area with clean water and in the long run you can incorporate cleaning offices, event centre and make sure you are protecting your integrity if you employing people to avoid stealing client’s things while you do safety and security documentation as well as checks before employing.

7. Mini importation business

Admittedly, mini importation business is one other business ideas in Nigeria that you can start in 2021.  Basically buying from companies overseas and selling in Nigeria.

You can start with little capital to import goods within your capacity from China to Nigeria or any other manufacturing country.

The requirement for starting a profitable mini importation business is internet connection, computer and social media presence.

Mini importation business is an online business to start with 100k in Nigeria and within few months you are smiling to the bank even make as much as 200% profit.

8. Production and sales of hand sanitizers

In fact, hand sanitizer has been in existence but the recent outbreak of coronavirus with a rising rate of other diseases has increased the growing demand for wellness and the use of hand sanitizer.

The demand for hand hygiene products such as hand sanitizer has exceeded the supply of hand sanitizers.

Therefore, this shows that the market size of hand sanitizer is huge which is an indication of good business to start with 100k. The demand will continue to increase as people have come to understand the benefits and the need for using hand sanitizer

9. Dropshipping business

Dropshipping is a retail fulfilment model where the store doesn’t keep its products in stock rather purchases the goods from the seller or manufacturer while the seller send the goods to the customer with any personalised message from the dropshipper.

For you to start and reach a wide audience as well as having an online store where you can sell products to consumers; you must have social media accounts and/or website to make huge revenues.

You can start with 100k for this type of business even as little as 20k. All it takes is just few steps to get your supply economics done.

Indeed, dropshipping is an Ecommerce business and yet one of the easiest way to make money online.

Read Now: 14 profitable products to import from China.

10. Pure honey business

Surely you would agree that pure honey is one of the businesses in Nigeria that one can export or wholesaling.

Raw honey business idea is one of those that you can make money by adding value, imagine sourcing from bee keepers and branding it in a nice package not only- but also test that it is raw or pure or original not adulterated honey.

Honey is a very simple business that one can start with 100k in Nigeria and very profitable business owing to its consumption level.

11. Data and recharge card business

Are you still asking what business to start with 100k in Nigeria. Ask no more, just start data bundle, VTU business and printing recharge card in wholesale by using your smart phone or laptop.

Nigerians consumption on data and recharge card are so huge because we need credit or data or both that is why banks are equally selling them in order to have a cut of the market share.

If you want to start a business with little capital in Nigeria then recharge card is one of those you can start with high return on capital especially if you are selling in volumes on a daily basis because the profit margin on each is very small.

Thus, quantity is the key in making good profit.

12. Digital marketing business

Generally speaking, digital marketing is any online marketing efforts or assets such as email marketing, social media marketing, pay-per-click advertising and blogging; they help introduce people to the company and pitch them to buy goods or services.

Nowadays, a lot of businesses are interested in hiring people who can do any or all of the above for them.

And also, email marketing is one of the oldest forms of online marketing and still growing stronger due its cost effectiveness. Do you know that many people started this niche business to start with 100k in Nigeria 2020.

It is clear that digital marketing agency niche business is a business to start with 100k in Nigeria for 2021 or become a digital marketing expert freelancer if you have the skills or ready to acquire them.

Read Now: A-Z on building a website in Nigeria under ₦18k.

13. Fitness and weight loss consultant

In this present situation, most people are weight and health conscious.

For instance, if you are previously a plus size person but now a slim fit person as a result of you following some health procedures and can transfer the steps or the routines that you used in getting your body back on track to other people.

This clearly shows that, you can support, motivate and educate people on healthy eating lifestyle while maintaining healthy lifestyle and fitness regime habits.

For this reason, this indicates that you can solve problems and if you can solve problem, you can equally charge for solving problems that becomes a business, hence this business is one that you can start with 100k in Nigeria.

Again, for this purpose you can start a fitness and weight loss consultancy.

Unquestionably one of the businesses you can start with 100k in Nigeria and it can be done online through social media platforms.

14. Cooking gas business

Presently in Nigeria, cooking gas is cheaper than any other means of cooking and people are keying into using gas. You can start gas business on small or high level depending on your capital or budget.

With this mind, we are concentrating on the low level not having a gas station so is one of the business to start with 100k in Nigeria. You can start this business in a residential area where a lot people use gas in cooking as your targeted customers provided there is no or low gas sale competition there, so then in the long run you can sell accessories like clips, pipes, regulators and etc.

You can start this business with as low as 100,000 Naira and in one month you can recoup as high as 50,000 Naira, just invest in location, networking and gas cylinder.

15. Palm oil business

As a matter of fact, if you are still asking yourself business I can start with 100k in Nigeria 2021 then palm oil business is one of the profitable businesses any one can dive into and make huge return on investment due to its diverse usefulness and huge income.

In short, business opportunities in palm oil business in Nigeria are quite many. From its kernel to refined oil, the palm oil produce industry has empowered many small medium enterprises in Nigeria. The key here is making sure you source from a genuine supplier likewise that of pure honey then you can brand it.

16. POS business (Agent mobile banking)

At a glance, point of sale business offers services like funds transfer and withdrawal, sales of airtime, bill payments like DSTV OR GOTV even WAEC.

POS is point of sale or service involves much liquidity which means available cash to give out as withdrawal.

Accessing ATM from any location in Nigeria is a big task so people like to patronise agents for commission rather than travelling to banks or ATM. Is that commission that is the key to this business.

As a matter of fact, POS business is a cash minting business which has silently been in existence, this is a small business to start with 100k in Nigeria and make huge revenue.

17. SEO specialist

An SEO expert is someone that can optimizes websites in order to achieve higher search engine rankings.

For instance, to find products information on search engines like Google and Bing that’s the challenge most businesses are facing not having a website that cannot pitch a deal.

Many businesses in Nigeria are in need of specialists that can analyses, reviews and implements changes to their websites so they are optimized for search results but you need to have the skill.

Nowadays, GOTV and DSTV are always in need of agents that can participant in their agents program for expansion.

Here is the deal, you can start POS agent and incorporate TV subscription even with recharge cards sells in Nigeria for 2021.

18. Sewing & sales of bed sheets & pillowcase

Sewing is another business ideas to start with 100k in Nigeria 2021, if you know how to sew, this then becomes a plus for you as you can employ one or two persons to support you on producing the bed sheets and pillowcase.

On the other hand, you can outsource the production but using good material is very important especially choosing materials that won’t run colours but are cotton materials. You can make bed sheets for hotels even hospitals as a contract service.

19. Perfume business

Meanwhile, perfume is business start with 100k in Nigeria 2021. Everybody wants to follow the trend and not to be left out.

There are perfume business ideas to start with less than 100K in Nigeria. If you have the skill to make perfumes or perfume oils why not venture into this business as a full timer.

Yes, you need industrial chemistry knowledge to start this business but the good news is that you can learn from successful people in the sector or industry, then prepare for your unique packaging and marketing of your perfume to the right audience like people who like to smell really nice.

All you need to get started is create a business plan for the perfume business, create new scents, purchase your choice of bottles then create your brand and start selling as well as giving out testers to hook customers.

20. Production and sales of household detergents

The thing is that detergents are needed in our various homes on a daily basis but the important thing here is making one and selling it to many homes and offices as well as possible.

Yes, we are talking about businesses that you can do with 100k in any case you can start this business with less than 100k investment.

Believe it or not, these big companies are making money while selling at high prices so if you have the skill to produce quality cleaning agents then people can buy from you and carry out free ads for you. You will need to widen your network to increase your customer base.

21. Production & sales of organic skincare

It comes as no surprise that Nigerians are beginning to get entangle with the organic trend.

It will interest you to know that, the global organic skincare products market is projected to triple in the near future.

Organic skincare products are a profitable business to start in 100k in Nigeria with little investment in high profits.

The rising demand for organic body lotion for face creams is expected to drive growth, so why not tap into this market segment if you have the skills or are interested in learning to become a formulator?

22. Frozen Food Business

Anything that has to deal with food is a juicy business. The frozen food business is lucrative but you need a good location to attract more sales.

Similarly, it is like a food stuff business, just that it is a business you trade in the freezer or storage apart from that you need a steady power supply to avoid spoilage.

The steady power supply is a problem in Nigeria so you can get a place with a marginal power supply or get an alternative to a central power supply like a generator or solar supply.

You may decide to market online and then get ready to deliver to homes, stores and businesses

23. Production & sales of organic fruit drinks

Again, people are becoming interested in what will keep them healthy and looking younger even the elderly. And this can be achieved by a healthy lifestyle such as eating healthy foods and drinks.

Now, you can see there is a huge market opportunity for you to start making money by making fresh organic drinks.

You need a little capital to start this cool business while you can incorporate packaging palm wine in bottle-beer containers like going forward since healthy options people tend to move in the absence of organic fruit drinks to palm wine rather than beer.

24. Food stuff business

Food stuff business can be done with any amount of money not necessarily 100k Naira and at any location as long as there are human being living in that place.

It is a daily income business in Nigeria and you will make money on a daily basis.

How to start a foodstuff business in Nigeria is very easy, the things you need to start foodstuff business is capital of any amount, where to buy raw foodstuff from suppliers or producers, a shop and online store.

Pursuing this further, before starting this business you must know the type of raw food stuffs that you want to sell because there are so many food stuffs, after that you connect to local farmers for supplies at lower rate then you sell with a margin or market price depending on your location.

Foodstuff businesses is a continuous business without lockdown, imagine government all over the world labelled them as essential commodity during corona virus pandemic and gave them access to sell to the public.

You can see why you must start this business; people must eat food irrespective of your class in the society.

25. Computer repair business

Meanwhile, people are asking is computer repair business profitable or is computer repair a good career when virtually everybody on the street got one or more computer. Okay, it’s a viable and profitable venture and a career that will provide good employment opportunities in the near future.

Also, if you have a technical knowledge or background understanding of computers then starting a small computer repair business could be a great idea for you with 100k in Nigeria 2021.

More so, you can learn the skill if you are passionate about the business or looking for business to start with 100k in Nigeria for 2021.

26. Jewelry making and accessories

Whether you are interested in making your own pieces or producing your designs with manufacturer or merchandising.

Recently, Jewelry is a must for the female folks even the males have joined the trend. You can start your own unique handmade jewelry and showcase it on social media links so people will start asking you to make for them even personalise for them.

27. Phone repairs business

Similarly, Phone repairs business is a lucrative and profitable venture in today’s world. There are a lot of phones out there, these days people carry more than one mobile phones.

Do you know that most people have phones but they don’t know their functionalities and operational aspect of the phones the engineers are not exempted, so they are always at the mercy of phone technician so you can charge anything to fix the phone.

As there are a lot of phones in circulation whereas there are a lot of phone problem that needs phone technicians. If have the knowledge or willing to learn the skill, it is an absolute business to start with 100k in Nigeria in 2021.

To add to it, in the long run you can add accessories to the business but you need a very busy location.

28. Farming business

Presently, farming business is a very profitable business in Nigeria. There are a lot of agricultural business ideas for aspiring entrepreneurs to go into such as poultry farming, snail farming, rice farming, vegetable farming, tomato farming, fish farming, goat farming and many more. Anybody with basic knowledge of farming and manufacturing operations with proper strategic planning can start with 100k.

Furthermore, you need to identify local produce and farming problems in Nigeria before venturing into any farming business.

For instance, Nigerians consume a lot of meat, vegetables  and eggs on a daily basis while the demand is higher than supply; so imagine starting a poultry farming or vegetable farming for all seasons.

29. Fresh Fruits and vegetables business

Another lucrative business to start with 100k in Nigeria in 2021 as people become health conscious about what they eat and many are placed on healthy diets that are filled with vegetables and fresh fruits.

The market size is huge and you can be part of the market share as a result, you need a nice clean location where people that are in need of fresh fruits and vegetables can patronise you.

You can niche down on this one, you have to think whether you want to be known for organic fruits and vegetables or green-house grown tropical fruits and vegetables or other fruits and vegetables.  If you have the strength you can grow it yourself bear in mind it is for commercial use not for your household consumption.

30. Egg Distribution Business

Again, the egg consumption in Nigeria is very huge and profitable likewise real estate because people need shelter; the demand is greater than supply.

Equally, an egg supply business is the fastest way to get rich in poultry businesses, not poultry farming – you can be in the poultry business, not the farming.

Egg supply does not require advanced tools but mobility, easy to set up and operate as low-cost business idea. You can source eggs and supply them to commercials or individuals which give you a high yield as you make them mobile by taking the eggs to the consumers rather than having a sales point.

Egg distribution business is obviously a good business to start with 100k in Nigeria for 2021 if you have a car already or can be hiring a car in the meantime.

31. Web Design Business

Designing a website is easier than you might imagine but you need web and visual design skills. If you are interested but you don’t have the skill then go learn the basics of web design and progress while on the job as a professional.

Now that you are ready, set up your work environment, form your support team then set your business plan and decide on the products and services you are to offer as well as market your business.

To begin with, you can see that this business is one of those that should be classified under businesses in Nigeria to start with 100k.

32. Home tutoring business

It is one of the education business ideas that you can begin today with less than 100k capital in Nigeria. If you are knowledgeable in any key subject areas like English, maths and science subjects then you are on your way to hitting jackpot.

You can start an online home-based tutoring business or rent a place for evening or weekend lessons while you advertise for it then your pioneer client success will do the rest advert for you. And also, you can employ other good tutors to fill up other subjects that are their core strength.

You will need to create a plan for successful and profitable home tutoring while you earn a steady income by teaching subjects that you are expert and love.

33. Social media manager

Another high sorted after business right now that you can start with less than 100k in Nigeria 2021. All you need is your smart phone or laptop if any, internet connection and the skill. You certainly don’t need a degree or high level of expertise in any field to become a social media manager but social media skills. You can remotely do this job even as a full timer or part timer.

Social media is all about communication, so as a social media manager, you should be ready for marketing, copywriter, designer besides creating and maintaining brand promotions as well as company information for the company across all social media networks.

34. Clothing business

Clothing production business is booming right now in Nigeria with aseobis and owambes. There is always one function to the other or one activity to another, you name it.

If you know how to sew professionally kudos for yourself but you can still acquire the skill if you are interested and passionate about making clothes as a fashion designer.

Although there are too many tailors out there, the demands are high and untapped niches as well. Clothing business is just the right business to start with 100k in Nigeria.

Additionally, you can decide your niche market, get a creative space or sew in your home for the meantime, set your business plan, create your designs plus brand it; then after that you can produce and test your products.

35. Soap making business

Another best business idea to start with 100k or less than 100k capitals in Nigeria for 2021. You need to acquire the skill to make soaps and bath bombs unless you already have the knowledge. If you need a business plan or budget for 100k then you buy your tools such as digital scale and materials.

Soap-making businesses have different niches so you can choose your niche whether you are to make organic or ordinary soaps rather than identify your ideal target customers.

If you want to succeed in the soap making business, you have to be ready to market your soaps online and also, promoting your products on social media.

36. Web Graphic Design

As with web design and is even part of the areas of web design likewise authoring and user interface design. You need to follow the same pattern of web design unless it is normal graphic design that you are interested in.

Above all, there are some money-spinning businesses that are doable with more than 100k in Nigeria but can still be done under 100k what matters here is your entry investment level.

Here is a list of businesses to start with 100k in Nigeria in 2021 and yet still doable with more than 100k:

37. Interior design business.

38. Liquid hand wash business.

39. Furniture retail business.

40. Diesel fuel-fuel.

41. Makeup and manicure specialists.

42. Cement sales and distribution.

43. Uniform clothing business.

44. Real estate agent.

45. Shirt making business.

46. Amazon EBook publishing.

47. Sales of gift items and household equipment.

48. Sales of fashion accessories.

49. Photography and video editing.

50. Hairdresser business.

51. Barbeque business.

52. Affiliate marketing.

53. Barbing salon.

54. Pharmaceutical business.

55. Sales of baby items.

56. Internet services.

57. Car accessories.

58. Spices.

59. Shawarma.

60. Pure water.


In conclusion, for you to be financially sustained you need to check out our business to start with 100k in Nigeria for 2021 which  is a question that needs a deep thought seasoned solution given the economic situation of the country and the world at large.

Surely you will agree that One hundred thousand naira is a small cash but it is not easy to behold such amount of money so care should be taken in deciding where to invest it as well as reducing the risk; that’s the reason why we have taken time to give you a collection of best business to start with 100k in Nigeria that is profitable business with possible expansion in the long run, however, every business has its own inherent risk.

Nevertheless, you need to consider business ideas around your passion and your location or environment.

Have any practical or doable money-spinning businesses to start with 100k in Nigeria 2021 or your own? Share them with us in the comment section below.