Five Businesses You Can Start In Nigeria With ₦50,000

Here are five businesses one can start in Nigeria with ₦50,000:

1. Laundry/Dry cleaning business - With ₦50,000, you can start a small laundry and dry cleaning service in your area. You can purchase a washing machine, dryer, detergents, and other necessary equipment with the money. This can be done from home, and you can strategically placeleaflets or posters around the neighbourhood to market your services.

2. Small-scale poultry farming - With ₦50,000, you can start a small-scale poultry farming business, either for egg production or meat production. You can begin with few chicks and gradually expand the farm as the business grows. You can sell the eggs or the birds in the market and make a profit.

3. Catering services - With ₦50,000, you can start a small catering business where you prepare meals and snacks for events such as parties, meetings, and even home deliveries. You will need to invest in kitchen equipment and food ingredients. You can advertise your services through social media and word of mouth.

4. Barbecue / Shawarma stand - With ₦50,000, you can start a small barbecue or shawarma stand in a strategic location, such as a busy street corner or in front of a popular hangout spot. Your investment will go into purchasing a grill, raw materials such as meat, marinades, and sauces.

5. Online marketing business - With ₦50,000, you can start an online marketing business where you can manage social media accounts or build and promote websites for small businesses. You can do this from your home using a laptop or smartphone. The investment will go into paying for internet access, training, and possibly a website hosting plan.

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