Do you need a means of making some extra money? Or maybe you’re tired of the 9-5 grind and want to start your own business?
Look no further than Nigeria! With a population of over 200 million people and a growing economy, there are plenty of opportunities to start a successful daily income business.
In this post, we’ll explore the top 10 daily income businesses in Nigeria. Though these businesses need little to no initial investment, you can start any with a good amount of work each day.
From selling phone accessories to providing POS services, we’ll be discussing the most profitable and sustainable options for anyone looking to start their own business in Nigeria.
So recline into your chair, grab a cup of tea, and let’s get into the world of daily income businesses in Nigeria!
Daily Income Business in Nigeria
While we understand that you may not have the huge initial capital investment most businesses need to start, we’ve compiled a list. Yes, a list of the top 10 businesses in Nigeria that can allow you to earn a steady income daily.
So whether you’re tech-savvy and want to sell phone chargers or have a knack for managing social media accounts, there’s something on this list for everyone. Even if you’re a busy student or a stay-at-home parent, these businesses can be a great way to supplement your income.
So, why wait? Check out our list of businesses that can fetch you daily income in Nigeria.
Top 10 daily Income Businesses in Nigeria Today
#1. Phone Accessories Business
The phone accessories business is one of the top 10 businesses that can provide you with a daily income in Nigeria. With the increasing number of smartphone users in the country, the demand for phone accessories such as chargers, earphones, and cases is always high.
To start this business, you’ll need a small capital to buy your inventory and find a good location to set up your shop or online store. Also, you’ll need to advertise your products on social media platforms.
For a small scale, you can start with less than N100,000. But to kickstart on a relatively large scale, you may need around N500,000.
That said, you can also set yourself apart from competitors by offering unique and trendy accessories. With dedication and hard work, the phone accessories business can be a lucrative daily income business in Nigeria.
#2. Food/Cooking Business
One of the top daily income businesses in Nigeria is the food industry, which is highly profitable. With an ever-increasing demand for food, starting a food business is a wise investment.
The capital required to start a food business varies depending on the scale of operation, ranging from small street food vendors to large restaurants. But with as low as ₦20,000, you can start a small food business such as selling snacks or fried foods by the roadside.
As the business grows, you can expand to catering services for events and supplying meals to offices. Meanwhile, you can specialize in different types of cuisine such as local Nigerian dishes, continental dishes, or fast food. Again, this is dependent on your capital and your cooking skills.
But, with a good marketing strategy, the potential for daily earnings is high. While starting a food business can be challenging, with determination and hard work, it can bring daily income for you.
#3. Fashion Business
The fashion business is another top 10 daily income businesses in Nigeria, with many opportunities for growth and profitability. But To start this business, you’ll need a moderate amount of capital to buy your inventory and rent a shop or stall in a busy area.
Yet, with the right marketing strategy and high-quality products, you can make a daily income of at least ₦5,000 or more.
Frankly speaking, that depends on the area you operate in, your network, and how you’re able to market your services. Of course, you can sell a variety of fashion items such as clothing, shoes, bags, and accessories.
Additionally, with a focus on the latest trends and excellent customer service, the fashion business can be a profitable daily income business in Nigeria.
#4. Mini Importation Business
The mini importation business is a daily income business in Nigeria that requires a relatively low capital investment to start.
Fortunately, with the advent of e-commerce platforms, it’s now easier to import goods from China and other countries and sell them in Nigeria.
You can buy products such as fashion items, electronics, and home appliances and sell them online or in a physical store.
But having good marketing and sales strategies can help you make a daily income of up to ₦50,000 or more. Thus, the mini importation business can be a lucrative daily income business in Nigeria with high growth potential.
#5. Cleaning & Laundry Services Business
The cleaning and laundry services business is a business that brings daily income to Nigeria. It is a profitable business that requires minimal startup capital.
You can start with as little as ₦50,000 by buying cleaning and laundry equipment on a small scale such as hangers, detergents, iron, etc.
Afterward, you can begin to offer your services to homes, offices, and other commercial spaces. Though it can be tasking, with a good marketing strategy and excellent customer service, you can make a daily income of up to ₦15,000 or more.
It is one of the top 10 businesses in Nigeria that requires minimal capital investment and has a high potential for profitability.
#6. Freelance Services
If you have skills such as writing, graphic design, web development, social media management, or any other in-demand skill, you can offer your services as a freelancer.
And that means freelance services are a daily income business you can start as a Nigerian. Often they need little to no startup capital, especially when you already have a good PC and internet subscription.
As you gain a reputation and polish your craft, you can make a daily income of up to ₦10,000 or more. But that depends on your skill level and diligence.
That said, freelance services are not only one of the top 10 businesses in Nigeria with a high potential for profitability. They afford you flexibility, making you decide when and how you execute projects from your clients.
#7. Transportation Business
While the transportation business can be somewhat challenging, it is a popular business that brings daily income to Nigeria. Often, it requires a moderate amount of capital to start.
If you have the means, you can buy a vehicle to start your transport business. But if you don’t have the money yet, you can rent one to provide transportation services within your city or state.
It’s more fun these days, in a city like Lagos, you have different options. From driving a tricycle (aka. Keke Maruwa) or a bus carrying passengers in your chosen route. And even now, the Uber driving service seems prevalent.
With excellent customer service and a pretty good marketing strategy, you can attract regular clients. As a result, you may make a daily income of up to ₦20,000 or more, depending on the number of trips you make.
All that said, the transportation business is one of the top 10 businesses in Nigeria with a high potential for profitability. Particularly if you’re in urban areas (like Lagos) where people need convenient and reliable transportation services.
#8. Social Media Management Business
You can turn your passion for social media into a profitable business that brings daily income to Nigeria. Particularly, if you are a social media whiz.
But that’s because social media management is a booming industry. No wonder there is a high demand for individuals who can manage social media accounts for businesses and individuals.
So you can start with little to no initial investment and offer services such as content creation, social media advertising, and analytics.
And soon, with the right marketing strategy and a steady stream of clients, you can make a daily income of up to ₦15,000 or more. It’s the perfect fit for anyone looking for a flexible and lucrative daily income business in Nigeria.
#9. Dropshipping Business
As one looking for a business idea that can help you generate daily income in Nigeria without the hassle of managing inventory or shipping products, then you might want to consider dropshipping.
With a small startup cost, you can create an online store and sell products that you don’t physically have in stock.
All you have to do is to buy the product from a third-party supplier and have them ship it directly to the customer.
Of course, you can sell a variety of products such as clothing, electronics, beauty items, and more. You can make up to ₦50,000 or more in daily income.
But that would depend on a couple of factors, having a good marketing strategy and efficient order processing, amongst others. You see why dropshipping is definitely among the top 10 daily income businesses in Nigeria.
#10. POS Operators
Last but not least. POS operators are a great option for you when looking for a profitable and easy-to-start business in Nigeria.
With a minimal startup cost, you can become an authorized agent for banks or payment platforms. And by that, you can offer services such as cash deposits, withdrawals, and transfers to customers.
Also, you can even offer services such as bill payments, airtime recharge, and data subscriptions, amongst others.
The more interesting thing is that with the growing demand for cashless transactions and mobile banking, starting a POS business can bring you a steady daily income.
Again, that depends on your location and customer base, you can make up to ₦20,000 or more daily. So, it’s no surprise that POS operators are among the top 10 daily income businesses in Nigeria.
With everything said in this blog post, you can say Nigeria is a land of opportunities for those who are willing to take the initiative and start their own daily income business.
Fortunately, amidst economic challenges, there seems to be a huge market waiting to get tapped. From cleaning services to social media management, drop shipping, and POS operators, the list of businesses that can bring you daily income is almost endless.
But what’s important is that you do your research, find the right niche, and invest your capital wisely. So don’t wait any longer, start your own business today and join the ranks of successful entrepreneurs who are making a living through daily income businesses in Nigeria.
Share Value To Your World