20 Business Ideas Nigerian Youths Can Start With N100,000 or Less

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Some of you have little cash with you but lack business ideas on what to do with the cash and how to grow the cash but these business ideas will guide you through on which of the businesses you can start. Nigerian Youths are not Lazy. This post was originally shared by @boda_lanre on Twitter, 20 business ideas you can start with 100k or less.

1. Bedsheet/Beddings Production. Pay a visit to Lagos Island, or Oshodi where they sell bulk materials, pick good designs and there are guys who will sew it for you within the same market. You can start with less than 100K and diligently grow your money.

20 business ideas
bedding

2. Shirt Production: A sweet side hustles. There are tailors in Lagos Island or environs or you can better learn the skill it will save you all the heartbreaks imaginable. Taiwo street in Lagos Island is where you should be. Materials ranging from N700 – N1000 per yard, sew for N1500/2k and sell for N5000 – N7000

3. Aba Market: Schedule a trip to Aba Market, The cost of production of boxers, you can get one for as low as N300, all you need is to package it in 3s, and market these babies properly or better still beg your friends on twitter for RTs, we men buy 3s pack boxers for N1500-N2500… You can sell yours little lower than that and gradually grow your profit.

4. E-Payment and POS Business: You can get a POS Machine from your bank and activate online banking: if you live in a place where banks aren’t much you can handle e-payments for people and make your small change. I paid someone N200 to withdraw 10k in Ikorodu. ATM queue was crazy.

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