20+ Lucrative Businesses in Nigeria

You can start many profitable businesses if you are interested in becoming a successful entrepreneur in Nigeria. In this article, we will be giving you 20+ lucrative businesses in Nigeria.

If you have been having challenges deciding which business you want to start with, you can take a look at the list of businesses below and choose which one works best for you.

List of 20+ lucrative businesses in Nigeria

Real Estate Business

This is a business in Nigeria that has not yet been fully tapped into. So if you are looking for a business that will bring you much business, real estate business is the real deal. 

Cake and Cupcake Bakery

If you have skills in baking and decorating cakes. You can start this business. Many people have reasons to celebrate daily, which gives you more customers to make cakes for sale daily.

Dry Cleaning Business

The busy schedule of numerous people does not give them the time to keep taking care of their dirty laundry. You can solve this by offering laundry services and charging your fee.

You will be surprised at the number of people that are actually in need of laundry services in Nigeria once you start this business.

Affiliate Marketing

This is a very easy way to make money online in Nigeria. In fact, it is one of the best ways to make fast, legit, and easy money.

Affiliate marketing is about selling other people’s products and getting a commission for your sales. The product does not have to be yours. Once you sign up to be an affiliate marketer, you will be given an affiliate link that you will use to promote the products.

For every click on this link that leads to sales for the company, you will get a commission.

Sales of Mobile Phones and Accessories

You can also go into the sales of phones and accessories. Everyone knows the importance of having a mobile phone in this generation, which makes the sales of phones lucrative in Nigeria.


All you have to do is to set up a blog and consistently post content. Doing this will bring in money for you.

Car Wash Business

You can help people free themselves from the stress of having to wash their dirty cars daily while getting some cool cash at the same time.

Fashion Design and Tailoring

This is also a business that will always make profits in Nigeria. This business will always make sales as long as we all need to wear something suitable and look good for our outings and events.

Skin Care Business

Everyone wants glowing and attractive skin, and as long as they can afford it, they will keep coming for skin care to improve their skin condition.

Car Dealerships

This is a lucrative business in Nigeria if you have nice and best cars for sale. Every day, cars are being bought off the market, and you can start selling yours when you start to.

Freelance Content Writing

This is another online business that is profitable. All you have to do is to create excellent content on the topics you are to write on, and you will be paid for your services.

Cosmetics and Hair salon

Make people look good, barb, or make their hair according to their preference, and you will be paid for delivering your services.


If you know, you have a bank of knowledge that can help people out of predicaments. You can turn this into a business, people can consult you for solutions to their business and relationship challenges, and you will give them the answers they need in return for their money.


Here are other lists of other businesses you can also start up in Nigeria:

  • Rental services
  • Restaurant business
  • Drop shipping
  • Mini importation business
  • Hotel business
  • Supermarket
  • Forex trading
  • Scriptwriting
  • Furniture making
  • Photography
  • Sports viewing centre


In conclusion, setting up a lucrative business in Nigeria has much to do with your personality.

Know yourself and what works for you, and also ensure you do extensive market research before starting.

We hope the list of 20+ lucrative businesses in Nigeria provided above will help you start your own business.

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