Ifeoma Miriam Osuala


The fact, that you have 200k is not a guarantee of what will make your business successful even if is a lucrative business, however, there are certain factors that you need to consider before investing in any business opportunities such as:

• Your passion

• Your environment

• Strategic plan or Focus on a long term plan

• Marketing skills whether for products or services

• Risk-taker

1. Exercise book production and printing

Oh! During my visit to Abuja in 2020 last quarter, I visited Area 2 where I studied the printing and publishing business; I met a printer that is now my friend with 10 youths that he was training on exercise book production and 5 more on printing job (tempted to call name).

It was then he mentioned to me that he started the business with nothing while emphasizing that any youth can start this business with less than 200k.

He gave me reasons why is a good investment opportunity because people print on a daily basis.

For example, schools, bookshops, host of different occasions like birthdays and burials produce exercise books.

If I’m to start this business, I will train with him due to his patience in training the youth while revealing all the tips/tricks in the business for them to be successful.

2. Barbing salon.

You need a business plan with this one for Abuja resident, I was in Abuja so had the need to cut my noodle’s hair while I casually ran into one barbing salon thinking it will be around the neighborhood of N500 only for me to be charged freaking N2,000.

Following this, I decided to study the barbing salon business and interview some of the barbers in Abuja.

It will interest you to know what I found out, please fasten your seat belt for this ride:

• There was no degree qualification skills needed but spent 3 Months to learn,

• All classes of people visit the salon for nothing but haircut to enhance their looks (the cute nippers, the big men, and the mighty women) due to the location,

• They all have the same equipment like sterilizers, clippers while some people still visit with their own clippers and hey, they sell clippers

• Other things like hair treatments and dyes as well.

As you may have noticed barbing salon isn’t only for male folks whereas women folks even children do visit barber’s shops.

• They charge different prices depending on your location and shop setting

Barbing salon is a lucrative business to start with 200k in Abuja and that of successful businesses in Nigeria.

3. Football viewing center

Sometimes we wonder especially non-football lovers; why people gather in a match viewing center to watch football when they have televisions at home.

It is clearly because they enjoy it on a larger screen, argue with following fans, drink, and eat. That is why a match viewing center is a business to start in Abuja.

You can start with any amount 200k, 300k, 500k even 1million Naira but the key is that you must position your center in a strategic location, attach other related business to the match viewing center or outsource it for it to be profitable and yield high revenue.

There are so many lucrative businesses to start with 200k that can be incorporated such as selling drinks, African cuisine kitchen, and mini-bar.

4. Mobile phone and mobile phone accessory business

Similar to that of phone repair, mobile phones, and phone accessories are lucrative businesses to start with 200k in Abuja. These business ideas are a lucrative and successful business one can start in Nigeria given that many Nigerian love phones and move with more than one phone.

As there are a lot of phones in circulation same is applicable to the demand for the phone accessory business.

You don’t need any college qualification to start this business but you can acquire the skill from a successful established mobile phone and mobile phone accessory business person.

There are mobile phone accessories that you can start with such as earpiece, charger, pouch, and screen guard maybe in the long run; you can stock up some expensive mobile phone accessories like screens and a power bank.

One other thing, if you are to start a mobile phone and mobile phone accessories business, you will need a very business location and consider sourcing for your products from China as other business people do.

Additionally, you can attach some related phone business-like phone repairs and that will be a good combination while you continue with your phone accessories business.

5. Restaurant

In fact, the Food or mini restaurant business is a profitable business to start in Abuja but in Mini form due to capital of 200k.

Many people cannot afford to have their meals in a standard restaurant in Abuja due to their prices, so you will be willing to serve this class of people or market if you set up this business with your little capital.

You need a good location while serving profitable food to your customers. Location can be a very busy area; the structure can be an open space or kiosk.

By the way, a mini restaurant is a lucrative business with a small capital of 200k. Some mini restaurants serve their foods with complementary pure water or bottled water but creatively build the cost in the food.

Meanwhile, in the long run, when is very profitable you can move to a higher structure than have the habit of saving and reinvesting your profits.

6. Laundry and dry cleaning

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

As a matter of fact, I always tell people who wants to venture into this lucrative business to make their own detergent as detergent forms heavy overhead cost.

As you can see is a lucrative idea to start in Abuja for less than 200 thousand Naira. You can start a dry cleaning business in a busy residential area with open space that you can spread clothes.

That is to say, if you reduce the cost your revenue will go up but don’t forget to maintain your quality.

7. Car wash

Surely, you will agree with me that most people don’t have time to cook or clean their homes then how do you think they will have time to wash in and out of their vehicle. People who can’t do the basics can’t wash their cars either. There are a lot of cars on the roads on a daily basis.

As you can see, it’s obvious that the car wash business is one of the lucrative business ideas that you can start in Nigeria with 200k.

Similar to that of dry cleaning service requirements, you will need a good location with water supply, then add up some small business as side attraction like that of football viewing center but in this case lot of people will relax there while waiting for their car to be washed.

In short, in the future, you can expand to selling car accessories even other moveable engines, and is a profitable business to start in Nigeria with little capital.

8. Home-based business

You need to identify small business ideas from the list below, you need to incorporate the company with appropriate bodies like CAC, NAFDAC and so on then create a business bank account, market the business offline and online.

One of the easy side or hobby or hustle small businesses one can start at home for 200k. There are a lot of home-based business ideas you can start today, it can be product or service-based.

Moreover, check out home-based businesses you can start with very little capital 200k in Abuja such small businesses are:

• Teach online classes

• Online services

• Dropshipping store

• Sell homemade products

• Buy bulk products at a cheaper rate and sell online

You need to combine your skills and talents to be successful in starting a home-based business as well as having a business plan.

9. Importation of second hand or Fairly used products

Needless to say, the Nigerian economy is hard and unfavorable to some people given the GDP.

The population of the people below-average poverty is above 50% so those are the people that practically patronize fairly used goods so you can target that number and the population keeps growing rapidly.

Subsequently, if you are looking for small business ideas with a low capital of 200k but high profits to start them invest in this thriving business idea because you buy very cheap and sell at your chosen price due to no controlled or regulatory price.

Read Now: 14 profitable products to import from China

10. Farming

As a matter of fact, the farming business is a very profitable business in Nigeria now due to the prices of produce. There are so many farming business ideas for young entrepreneurs to start such as, livestock farming, poultry farming, plantain farming, snail farming, cassava farming, rice farming, vegetable farming, pepper farming, tomato farming, fish farming and so on.

For example, if you want go into livestock farming, you need to identify which livestock farming that you have the knowledge and interested, as well as identifying its problems in Abuja before venturing into any of livestock farming business.

If I remember rightly, there are some small funding options and business grants for business people in this sector from the government which you can access.

I dare to say that Abuja residents consume a lots of meat or meaty treats such as Asun, Nkwobi, ponmo, suya, shawarma, fried beef and chicken then milk and eggs are not left out on a daily basis.

Therefore, starting livestock farming or farm animals for the purpose of obtaining the meats and its produce as well as selling the breed to breeders will be a successful business.

11. Fumigation Business

Another profitable businesses that requires minimum starting capital of few thousand Naira.

You need to acquire the basic knowledge and determine the type of fumigation business service that you will render. Starting this business in Abuja even Lagos will be a thriving business idea given its population and environment.

This business is booming as many startup are coming up as companies, factories, farmers while some homes need fumigation services; most factories or production businesses need the certificate to document for environmental and health agencies

12. Social media manager

Sure, you can become a social media manager if you have the skill otherwise you can acquire the skills. Is no longer News that companies concentrate on marketing their products and services online through social media.

The problem with companies managing their social media is that it wastes time while they concentrate on it against focusing on their core strength.

Now, companies decide to outsource it to a social media manager to manage for them by offering social media strategies from creating amazing content to engaging their audience and converting the engagement to sales.

You have to be familiar with popular social media accounts such as Facebook, Instagram, Youtube, Twitter, Pinterest, and so on for digital marketing.

Another way to these business ideas with small capital is it requires your time and patience by posting content on your personal page that can engage people

13. Catering services

In fact, if you have any cooking skills then catering services are lucrative businesses to start in Abuja even in other cities in Nigeria.

There are ways of running catering services either you listing the ingredients needed for your client and charging your labor fees or charge everything to provide the food following the guest numbers per plate.

And also, you choose a location where to prepare the meal maybe your location then delivered to the customer or prepared at the customer’s location.

14. Daycare center or crèche

There is no doubt that you won’t make decent money from daycare.

For example, my sister was surfing for the daycare where she will register her 5 months old baby to my greatest surprise she was handed over a sheet of paper with the fees, daycare 300k and 5k for registration, behold someone came to pay for her two kids.

For this reason, if you like children you can start this business from your home with 200k in Abuja. Business people and corporate workers will patronize you.

15. Rental service

No doubt that rental services will make the list of those businesses that you can start in Nigeria with 200k.

Most people that attend whether invited or uninvited guests are looking for a way to shed off stress by meeting new or old friends, eating, laughing, and dancing.

Generally speaking, Nigerians like parties (indoor and outdoor parties) and entertainment.

On the whole, if the business is thriving and sustained then include a cooling van and other things.

You can start with 200k and invest in things that you need presently for rental services such as ice block containers or supplying of ice blocks, tables, canopies, cooking utensils, serving plates, decoration accessories, chairs, plates, cartoon characters, and cutleries.

For this reason, you can network your business through social media. Is a business you can do part-time or full-time.

16. Cleaning business

There are many other lucrative businesses to start under cleaning business in Abuja. Many people are working class and are tired of the nanny or house help arrangement so they decided to outsource their home cleaning and corporate cleaning to an agency.

If you don’t have the skill you can acquire it and market it to your network.

One of those businesses in Nigeria that you can start with less than 200k so you can acquire home and office cleaning equipment such as cleaning detergent that forms the major cost

In the long run, you can employ staff but make sure you carry out a security check on them to avoid losing your goodwill because of stealing. You can extend your corporate cleaning business to event centers, schools, and hotels.

17. Web design services

We are in the era of having a beautiful and functional website. This includes WordPress websites and eCommerce solutions.

Therefore, it becomes very vital for modern web design which is more involved than creating an attractive website.

There are modest design tools for website design and development that you can use to make your work look like a professional website

If you are starting this business in Abuja, you need to consider user experience and search engine optimization.

By the way, if you need a website, I can make one for you

18. Affiliate marketing

Affiliate marketing is when you use your affiliate links to promote companies or individual products through social media or websites; it is a lucrative small business that you can start in Abuja with 200k.

As an affiliate marketer, you need to bear in mind not to market products that you are not sure about because you want to earn an income within that period and dent your reputation in the long run.

Abuja has lots of small businesses that you can promote their products online through online affiliate marketing.

19. Clothing business

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

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

You can start a clothing business in Abuja with less than 200k capital because people must cloth themselves and equally be trendy.

If you decide to start this profitable business consider the niche market unless you have little money then look into reselling other brands while looking out for small funding options or available business grants to apply for as well as saving and reinvesting your profits from the resell until you launch your own brand.

20. Importation business

Oh yes, you don’t need to have all the monies in the world to fill up a container or start importation in Abuja, just start with 200k that’s why I can call it mini importation.

God bless you if you have followers engagement on social media before you start this business, so is easy for you to use for advertising and disposing your products.

Importation of wears is a very lucrative business but you need to consider importing trending clothes, exchange rate and clearing fees to know your landing or selling price.

For instance, I send goods to Nigeria from China on a daily basis, lot of people including young businesspersons like you start importation business with practical nothing and make millions within a short while.

Abuja people like buying and placing orders as quickly as possible same with Lagos residence that means they are selling due to high demand.

In addition, you need to import products that people need; you can check trending products online so you can be guided as well as their prices and related products.

Believe it or not, people start this business with less than 100k, 200k, 300k, 400k and some even start with 500k then make huge profits given the inflation in Nigeria is not limiting them.   

21. Natural Honey

Natural honey is one of the businesses in Nigeria that one can retail or export or wholesale. Similar to that of palm oil

Starting this business with two hundred thousand Naira is enough unless the raw honey business idea is the one where you want more money by adding value.

Additionally, you need to source your original honey from bee keepers to avoid selling adulterated honey. The demand of honey for various needs made it easy for you to make money  

22. Cosmetics production and sales

Cosmetic production and sales are lucrative businesses to start in Abuja. Many people are using cosmetics to enhance their beauty including the men.

You can start formulating organic cosmetic as its trending right now but you need to have the skill and it’s a good profitable investment as people must always use cosmetics or retail some good cosmetics from other brands.

Not to mention this, people believe that if you are not fair then you are not beautiful, so many people are bleaching their skins to be fair. You see this belief even in Lagos.

Starting this business with 200k in Abuja will be very profitable as you will recoup your money in a short while.

23. Event planning

Abuja is another activity filled place likewise Lagos and Port Harcourt in Nigeria.

Looking to start one of the best businesses in Nigeria with low capital, then check event planning especially in major cities for 200k.

You need organisational and good planning skill to sustain this business as well as other vendors contact to outsource such aspect of the event like DJ, caterer, Baker, fashion designer, retailers for drinks, pure water and bottle water supply and not limited to other request by the host.

You will involve in event planner services like ranging from fundraising, house warming, child dedications, naming ceremony, birthday, burials, weddings and other parties.

When it comes to planning an event in Abuja, You charge any amount and make lots of money as Abuja people don’t mind provided you can deliver an outstanding event same with Lagos.

24. Retailing business

First of all, I need to remind you that Nigerians depend on retail business rather than manufacturing business.

Also, since the arrival of E-commerce in Nigeria. Many people have continued to patronise retailing business ever than before so you can start your own retailing business.

It can be online or offline by supplying any product that you can obtain from the manufactures or suppliers and adding value to it by packaging.

You can retail any products; it can be edible or non-edible but not limited to food stuffs like rice, indomie noodles and grocery

25. Graphics design

Just like that of web design service, it follows the same pattern of web design where you as a professional create visual content to communicate the ideas through imagery.

There is huge market for you in Abuja as many companies and SMEs need graphic design.

26. Fashion design

Another creative business that you can start with low investment. Fashion in Nigeria is growing on a daily basis and Abuja is a fashion hub.

However, fashion design has different aspect that you can go into such as ready to wear, kids clothing and female clothing.

Fashion design is a business you can invest in within Abuja but you need to be creative that will allow you charge any kind of fee because you are the creator so creativity is the watchword.

27. Perfume business

You can’t sell fragrances everywhere so you need a planned location where the targeted people that like to smell good are.

Perfume business is a business opportunity that you can start with 200k in Abuja.

Meanwhile, you can decide to make your own fragrance business and brand it but you need to acquire the skill from a successful person in the business.

With this in mind, if you have to produce your own fragrance, even oil, you need catchy attractive packaging and create a business plan.

Here are some interesting lucrative profitable businesses in Nigeria that you can start with 200k and be successful within a short while:

28. Luxury hair extensions and wigs

29. Business center

30. Corporate Gift Items

31. Keke Napep

32. Makeup Studio

33. Book shop

34. POS Services (Mobile Agent)

35. Blogging


In conclusion, if you are to start any of the business ideas with 200k in Abuja Nigeria featured in this post.

First of all, check out our previous article on 60 Lucrative Successful Businesses to start with 100k in Nigeria 2021, so that you can be guided properly.  

Have any business ideas of your own? Share them with us in the comment section below.

If you enjoy this article, share it with your friends and colleagues!

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.

For some people, true love does not need any physical affection or sex because true love is something that connects two hearts while some schools of taught believe that physical relationship is that in which two partners experience sex and physical intimacy. The sex and physical intimacy itself is very significant to show their love and feelings to each other. It helps in strengthens the relationship between the couple.

Is physical relationship important in true love?

Physical intimacy in a relationship

Intimacy is a primary way by which people express their love. Those relationships which lack physical chemistry and affection mostly fails. According to Wikipedia Physical intimacy is sensual proximity or touching. Physical intimacy is very important in a relationship. Love without physical intimacy is possible, but the physical intimacy strengthens the love and the connection will be stable and mostly binding. Sometimes being very much in love and being attracted to each other, doesn’t mean the sexual chemistry is there, once both engage in sexual activity in the bedroom, it could ascertain whether there is sexual chemistry coming together because most people realize that is lust not true love after the sexual engagement. Therefore, one of the biggest challenges is to identify when true love exists. True love is the chemistry; the chemistry is the glue that holds a couple together even through difficult times. Every person craves and enjoys the fulfillment of sexual desire and if it is not met between the lovers, they have to seek it elsewhere given room for questioning whether there is true love from the onset. Most modern couples believe that one of the ways to get to know their partner is by getting intimate. Again, the concept of getting intimate does not mean having intercourse. For this reason, physical intimacy means being swept over by your partner’s love and warmth, by a distinct touch, a close hold, cuddle, or a kiss. When there is no form of intimacy in a relationship, it begins to crumble and things begin to fall apart.

Read Now: Five Signs of deep love

Love and Relationships

Relationships are the way in which two or more people or things are connected. With this in mind, when we talk about love or ask what is love it becomes complex in other words, love is complex, and falling in love is easy. People always ask about what love is or what true love is because they don’t understand due to its complexity. Now, love relationship is a feeling which connects two people by soul, they understand each other extremely well; always want to be together, love to spend time together and many more. Love is a very special sensation that brings people closer to each other physically and emotionally. Indeed, if you ever come across some true love quotes and relationship quotes, you have no option than to want to get entangled with true love or relationship. Everyone wants to get or experience true love in their lives and share true love messages. Many say that sex is overvalued in relationships while some people say that sex or physical intimacy is important but having sex is easier. Love is relatively a pure thing and sex is a basic need in it that cannot be judged by saying that sex makes love adulterated.

Let’s pulse for a while thinking about love and sex, you can see that falling in love is easy, and having sex is easier than talking about true love is even rare. I’ve seen people argue even couples wondering how marriage exists without love and that’s why some marriage fails because the foundation was on sex or something else, not love, talk more of true love. A marriage built on true love can never fail because true love endures and is unconditional while you see that marriage showered with beautiful true love messages. But most of the time people judge the purity of love by physical intimacy. Some people argue that true love has to deal with emotions not physical intimacy. In addition, once genuine love is concerned physical relationship is not necessary because sometimes physical desires turn out to be lust and true love is nowhere to be found. Therefore, what is important is knowing how to find true love.

Lack of intimacy

Where there is no intimacy, there isn’t security in such a relationship that it’s been seen as dating especially knowing that the other person is there for you or that they truly love you. Where intimacy is lacking in a relationship, there is a tendency that the promising victory rate of such a relationship will be low whether emotionally or physically intimacy. Lack of emotional intimacy in a relationship can develop complications with trust, anger, frustration, and confusion for couples while the physical connection is already in existence. The same way that lack of food and water has their negative effects on the human body, does the effect of lack of intimacy have on relationships. They have less social support and lower relationship satisfaction.

Read Now: Signs of fake love in a relatiopnship?

Importance of sex and physical intimacy

Importance of sex and physical intimacy

Whether sex or/and physical intimacy is important in a relationship solely depends on your personal beliefs, physical desires, and the nature of your relationship. And it certainly isn’t a sign that your partner doesn’t love or value you. For other people, sex is an important part of romantic relationships. Here are the reasons why sex and physical intimacy are significant in the relationship:

Getting closer:

Being intimate with one another is going to bring the partners connected by so doing they get to know each other very well. This is a great way and the fact that you are seeing each other’s nakedness where applicable is enough to bring you closer.

Ease stress:

Everybody will want to get home after a long stressful day and reduce that stress while restoring energy. Here, Physical intimacy in relationships helps to lower down the blood pressure as well as a gesture like hugging or hand-holding triggers the release of oxytocin. Oxytocin reduces the stress responses of the brain and lowers down the anxiety. Some experts are of the opinion that people who have regular sex react better to stress than people who don’t engage in sex.

Intimacy builds trust among couple:

Trust is a very important part of any relationship and it builds with time. When two people trust each other they feel more secured even share their feelings with each other and achieve a lot together as a couple.

Read Now: Who should love more in a relationship?

Boost the immune system:

Intimacy makes one physically as well as mentally fit.  One actually burns some calories every time you get down according to some studies as it is seen as a form of total body physical exercise that involves the whole body including the brain especially with little moaning and sighing. People who engage in physical intimacy have a more positive effect on their immune system.

Health benefits:

Getting intimate regularly eliminates the possible risk of developing prostate cancer in men. Many studies out there revealed that cuddling with your partner gives you better night sleep which is a fantastic way to help you close those heavy eyes during sleep time. Again, sex aids to lower body temperature and induce deep sleep a well as relaxing the body’s nerves. Imagine how experts discourage physical exercises that are within some hours before bedtime but the physical activity of sex seems to be a positive exception to this rule.

Live longer:

People who enjoy their sexual life are having many chances to improve cardiovascular health and possibly lower osteoporosis. However, most people believe sex to be the only way to have intimacy, but sex isn’t the only way to have intimacy with your partner. Yes, we often equate sex with intimacy. For this reason, not all individual needs to have sex in order to have a healthy and happy relationship while some people do. In fact, what’s important is that you find a partner who understands your needs and desires, no matter what they are. Open communication is essential for every romantic and sexual relationship even dating although dating does not have any serious commitment. But while sex can be a great form of intimacy, it’s certainly not the only way to be intimate with someone. One other great way to be intimate is through affectionate touch. Some non-sexual forms of physical intimacy include kissing, cuddling, massage, and holding hands.

For all of those reasons, the relationship needs intimacy. Regardless of whether it’s physical intimacy or emotional intimacy, your relationship will slowly fade and pass away without it. In fact, physical and emotional intimacy goes hand in hand; so, for a long-standing relationship, you can’t form a physical connection without bringing on emotional intimacy. Similarly, possessing a unique emotional intimacy without having physical intimacy is extremely hard to maintain a good relationship that has both personal and partner’s needs.

Emotional intimacy

If you know you can give your partner a ‘knowing’ look from across the room, and that they’ll respond with that special wink or smile, then you’ve developed an emotional intimacy in your relationship and intelligent emotions.

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Physical intimacy

It’s in a human being’s nature to need physical intimacy – this is why simple physical affection, such as hand-holding, cuddling, hugging, and kissing is important to your relationship – alongside emotional understanding and capability to be able to understand other people emotions. Although, physical intimacy isn’t sexual connection but it is more like an emotional connection and no one can judge any person’s true love by saying that if anyone is having a physical relationship then they do not truly love each other. In addition, long-distance relationships might have sexual feelings but they have love feelings too which enables them to love each other for years without seeing. These days with the help of modern technologies, they can use different video apps to see themselves even get to make visual love. When you think about an old married couple, you tend to focus on their love for each other rather than their physical attraction. This is why the emotional connection in a marriage really gets to the spotlight. As years pass, and our bodies inevitably deteriorate, the emotional bond becomes the glue that holds the marriage together. An emotional bond also offers the opportunity for deeper connection over time, where a physical connection may be perceived to do the opposite.

Guides on how to improve intimacy

Communication is the heart of improving intimacy in relationships. If you feel that intimacy is lacking in your relationship and you once had a strong relationship. Once intimacy is lost or if it never existed in the relationship, it takes a lot of determination and commitment to get intimacy back in the relationship, but it’s not impossible if both couples are committed and are ready to communicate to get the relationship back on track. Similarly, to form a strong, long-lasting connection, intimacy is required to fulfill a human’s basic need; it’s what human beings crave in order to create a safe, loving and happy relationship, and intimacy is a key ingredient. It is important to try to be as open as possible and communicate with your partner. As you can see, intimacy is an important aspect of developing relationships. In other words, as couples that need to improve intimacy in their relationship, you got to think of it as a living thing that changes throughout your life. As you mature, both you and your partner’s needs change and continuous learning, so be open to that and acknowledge it in your relationship.

Finally, apart from everything else, getting intimate with your partner only means you want to show him/her the love you have inside your soul. These all prove why physical intimacy is necessary as well as important. The way you connect with your partner helps you mentally and physically. Physical intimacy has always been the way to communicate and couples been able to talk openly without any inhibitions about sharing any concerns. Similarly, it helps in bringing trust and respect as well. However, beyond sex, physical intimacy and emotional intimacy; honesty, valuable conversations can also be important to our relationships while It can be a difficult situation where one person feels that sex is essential in a relationship while the other person doesn’t feel so, therefore, the partners need to be on the same pace.

For more on relationship and lifestyle guides visit Hottestguides.

Feeling self-worth

Feeling self-worth

What it is to feel high level of self-worth requires having a favourable opinion or assessment of yourself. Self-worth is defined as the sense of one’s own value or worth as a person; self-esteem; self-respect.

Again, it means having unshakable faith in yourself and in your ability to follow through while getting things done. Having a high degree of self-worth means feeling worthy of good things. Self-worth can be assessed as when competing with others, in order to help us feel like we have impressive achievements under our belt, which then makes us feel proud of ourselves and enhances our acceptance of ourselves.

Low self-esteem

Low self-esteem

Self-esteem is what we think and feel and believe about ourselves. Do you lack the self-confidence and self-belief you need to make your own way in this world? At times, we human beings lack self-confidence and do not feel good about ourselves. It becomes a problem when is part of our daily life, that’s when you can now comfortably say that someone has low self-esteem. In fact lack of self-worth, self-esteem, self-compassion, self-respect, self-acceptance, self-respect, self-confidence, self-love, self-care and every other “self” word destroys your spirit and prevent you from moving forward in the way you had once imagined? This is why having low self-esteem has negative touch which makes one feel undesirable. As a result, low self-esteem can lead to dejection, frustration, fear, anger, nervousness and depression. Here, you are trying to live someone else’s life and take their own decisions or opinions about yourself that means you lack focus, your direction in life depends on their decision. However, to eliminate low self- esteem and achieve all the self “words” available, you need to create a unique you in order to attain self-actualisation which makes you accomplish the self -worth that you desire through self-love

Many people suffer through periods of low self-esteem, and often for many different reasons. Such people probably recognize the fact that you tend to judge or evaluate negatively. Moreover, you probably have a low personal value and opinion of yourself, or maybe a low assessment and evaluation of your self-worth. In fact, low self-esteem might be making you feel somewhat useless, inferior, inadequate, incomplete and worthless.

How to develop self-worth

How to develop self-worth

It’s important to note that there are certain easy things one can do improve self-worth. The first thing to do in building self-worth is to stop comparing yourself to others and assessing every of your move. To build your self-worth, one has to change the old ways of thinking, behaving and accept new ways. The guides below should put you on the right path

Be confident:

Be confident

Feeling self-worth can be increased through confidence, so self-confidence is where you feel confidence and have core strength in specific areas. We sometimes feel anxious or scared about executing our tasks whereas people with healthy self-esteem do not let these feelings stop them from trying new things or taking on challenges because they have built their self -confidence. Therefore, knowing how to build self-confidence is key to improving your self-worth and gaining self-respect. One other simple way to build self-confidence is by updating your knowledge and being versatile

Healthy Emotions:

Healthy Emotions

Building self-worth starts with taking care of your feelings. You have to be in charge of your emotions without relying on someone else to make decisions for you especially at difficult times. You need to see yourself as valuable. This is where the process of building self-worth comes into play when you see how valuable you are. How you start building your self-worth will depend on the value you can already identify within yourself.

Read Now: What does happiness mean to you?

Stop Comparing Yourself to Others:

Stop Comparing Yourself to Others

There is always going to be someone out there who makes more money, has a better house, drives exotic cars and so. You shouldn’t focus on what other people have but rather what makes you special and important. Comparing yourself to others can easily make you feel insecure, not good enough even less of a human. Get that thought out of your mind and start looking at the positive features you bring to the table.

In addition, you need to be ready by learning how to manage stress, anxiety, fear, guilt, anger and worries in a new productive ways. Learning how to manage them will help empower and strengthen you during difficult moments of your life. This will build more confidence and raise the level of your self-worth or self-esteem because you have taken care of your feelings.



Indeed, when you lack self-love that means there is a better life than your present life. Again, when you feel you have no value on earth, everything that exists is better than you. It destroys you emotionally, mentally, and even physically and such emotional destruction can be intelligent emotions. For this reason, you are scared of everything and compare yourself to other people’s achievements forgetting your own destiny. It all impacts on self-love, so you need to change your mindset and believe in yourself as well as deserve to be a human being or belong to a class because we all need a support system to achieve our dreams in life. Having fully accepted yourself, it’s now time to acknowledge your true value. To do this, it’s important to begin practicing a little self-love. This basically means treating yourself with kindness, tolerance, generosity, and compassion. Don’t forget we all have flaws. Yes, we all do have limitations and weaknesses because no human being is perfect, just let all those shortcomings go and start being compassionate with yourself.

Importance of self-worth

Now that you have worked on accepting yourself for who you are, you can begin to build love and care for yourself. Make it a goal to extend yourself some kindness, tolerance, generosity, and compassion. As you can see that to achieve self-worth you have to build love, so begin to increase your self-love, start paying attention to the words you use with yourself. Commit to being more positive and uplifting when talking to or referring to yourself.

Self-respect is another essential quality to increase or develop a higher level of self-worth. As noted above, it’s just sufficient to encourage you to work on your self-esteem. Do you know that one other reason why a healthy self-worth is important is that it can positively affect your relationship.

And also, your intelligent emotions of self-worth helps you to trust your own judgment and make better decisions, which are vital leadership skills that can help you advance in your career. Similarly, in your work place, self-worth can give you the confidence to run meetings, support other team mates and have greater self-sufficiency at work. It equally gives you the maximum confidence needed to influence an interviewer’s decision or motivate one in getting task done in the utmost standard at workplace leading to bonuses or pay raise. Let us not forget that to be confident does not come from emptiness, however, to achieve confidence is by being prepared through knowledge and/or skill updates. Furthermore, our words should match with our actions so as to gain respect and avoid attacks from our critical inner voice this how to build self-confidence and maintain a healthy self-worth.

Finally, you have learnt that you need to love yourself, become better at it and then love other people. Individuals with high level of self-worth no longer rely on other people to make decisions for them or live their life for them because they understand the value of self-worth and how to build the self-worth while overcoming the self-esteem.

Every Nigerian at some point in time has questioned why the Central bank of Nigerian (CBN) can’t print more money to subsidies the financial difficulty in the country. Others have the knowledge that the Nigerian government can’t print more money but not the why. Let’s explain the reason why the central bank of Nigerian can’t print more money to make Nigeria rich while explaining which country can.

Brief explaining of the Central Bank of Nigeria

Central Bank of Nigeria has a Currency Operations Department within the CBN that is responsible for the printing of money. And also, The Nigeria Security Printing and Minting (NSPM) Plc print/mint the Naira notes while CBN Mint Inspectorate office within the NSPM Plc carries out quality control and receipt of finished Naira banknote. There are some factors to consider before printing more currencies in Nigeria such as inflation rate, buffer stock, and Gross Domestic Product (GDP).

High Inflation rate

Printing of more money lies with the federal government, if the government prints more money in order to become rich while avoiding borrowing/debts or paying off debts, there would be too much money chasing few goods which will worsen inflation. Also, it is better to have national debt than printing more money because money borrowed can be offset through taxes at the end of the period and the burden falls evenly on the economy rather than devaluing (inflation) the money on the global level. 

The federal government of Nigeria influences the supply of money in circulation to avoid high inflation growth. Nigeria cannot be rich by printing more money because there are no economic activities to match the amount of money to be printed.

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In addition, there is no restriction on the amount of money Nigeria can print through Nigeria Security Printing and Minting (NSPM) Plc, if every citizen has more money at their disposal that means there will be a continuous rise in prices of goods. At the moment (2020), Nigeria inflation is around 12% compared to a preferred band of 6-9% and susceptibility of domestic price levels to exchange rate, there would be a sharp rise in inflation if more money is printed, the existing inflation problem (no economic activities) will escalate resulting to hyperinflation

For example, Venezuela tried to protect its citizen from hyperinflation by passing laws to keep a low price on essential goods which led to shops running out of stocks because more money was in circulation for low priced goods with inherent productivity issues in the economy.

Universal Currency

Nigeria banknote which is Naira is not a universal currency; therefore, printing more naira would trigger the demand for dollars, which would make the international value of the naira to fall causing imported inflation to rise in Nigeria given that Nigeria is not a producing country but importing (consumption) country.

Presently, the United State of America (USA) is the only country that can print more money to get richer given that the USA is already a wealthy country because all the valuable resources around the globe such as oil and gold are valued in US dollars. Therefore, the USA can print more money in order to buy more things, although the price of those things in dollars will still go up if excess money is printed. In other words, poorer countries even Nigeria cannot print more money to become rich or clear off their national debts.

For instance, in 2008, Zimbabwe in Africa printed more money to make their economies grow, the prices rose to an outrageous amount which triggered hyperinflation. Additionally, the amount used in printing the banknotes would be worth more than the value of the banknote itself, the value of the money is determined by the forces of demand and supply not by printing more money but diversifying in the various sector to derive multiple incomes rather than single-income just as Nigeria depends on oil production alone. 

Nigeria can print its own currency but not US dollars, even print a lot more while the prices of goods will go up and people will be forced to stop using the money rather prefer to be paid in the US dollar because Naira has forced the dollar to be in high demand.


Everybody needs money because of what money can purchase, the value of money would rise if money is a scarce commodity and the value of money will equally fall if more money is in circulation/printed. National debts don’t give birth to inflation but it goes on to show that printing more money will devalue the money whether saved or invested.

Therefore, Nigeria needs to learn from what happened in Zimbabwe in Africa and Venezuela in South America that printing more money is not a solution that will make it’s country rich or pay off national debts.