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

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5. Mobile and Electronic Accessories: Such as Pouches, Chargers, USB cables HDMI cables, earphones and more can be sourced from Alibaba, AliExpress, Deal Extreme etc. I once posted something related to that few years ago here. The more you buy the lower the price. And they are lite so shipping won’t be a burden. You can sell it on Jumia or Instagram etc.

6. POP Corn: We all know this guy, we buy every time… Bags of corn, branded Nylon, sugar, salt and butter. The beauty of this is when properly made, the aroma will attract its customers.

20 business ideas

Manual sealing machine is sold for 7/9k, popcorn machine on Jumia is sold for 65k and remember that everybody likes popcorn.

7. Snail Farming: In Nigeria, snail farming is more popular due to its relatively cheap cost of startup and if you market your products well, your business will thrive. This is a business you can start from your backyard, they millions of eggs but patience is required as it can take almost a year to mature. I can link you with someone who can guide you through in this if you are interested.

8. Fairly Used Clothes: Such as Jeans, Tops, t-shirts, shoes etc. They could be sourced at Badagry, even Cotonou. 100K can’t get you a bale but you can select and mix them. Wash them and package neatly. Good packaging will bring you more customers… hence you’ll see your money multiply.

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