We bring to you 15 proven daily income business in Nigeria that could make you money if you give it a try!
Are you one of the many Nigerians that are tired of always waking up by 8 am to rush to work and then close by 5 pm with no extra income?
If you are also tired of always being bossed around with having a say and you want to be your boss, there are daily income businesses you can try out.
This article about starting a small business might give you an insight into owning a venture that you’ll grow slowly while making a side income.
Your worries are over, as we present you with 15 daily income Business in Nigeria to make money from. These businesses are just a few of our 50 hot business ideas in Nigeria.
So read on to see the 15 small scale businesses that will provide you with profit on a daily basis, which you can start up with a very small amount.
Profitable Daily Income Business In Nigeria to Make Money
Every male in Nigeria pays a visit to a barbershop almost every week, either to have his beard shaved or hair cut at the rate of N300 or N1000 for services rendered, depending on the location.
Not only men go to the barbershop, women also visit the barbershop to either have their hair dye or trimmed.
Starting a barbershop is one of the best daily income business in Nigeria. More so, setting up the business is very easy, as it can be set up with as low as N300,000, and the good news also is that it has a ready market.
Depending on the capital at hand, you can set up many barbershops and have them scattered across the city and then employ competent barbers to manage or run the place for you.
You can be guaranteed returns of N10,000 to N15,000, or even more every week depending on your location.
To start up a decent and moderate salon you need to put the following into consideration;
- Rent a shop at a location where you have a high population, it is always advisable to consider residential areas where the shop can easily be assessed by the residents.
- It has to be well furnished to provide comfort to customers, with wall mirrors, television, sound, good ventilation, rotational chairs, and waiting for chairs.
- Equipment such as clippers, powder, a UV light for killing germs and infections from clippers, relaxers, hair dye, towel warmers, cover clothes, gloves, etc.
- A generator should always be handy in case of a power outage.
- You can also buy extra products for sale, products like clippers, blades, brushes, aftershaves, etc.
14. Professional Car Wash
Car wash is another lucrative business that can fetch you income on daily basis. It is very easy and cheap to set up.
Today, many car owners find it time-consuming and tiring to wash their own cars, hence they rather take it to a car wash to have it washed to save them time and energy.
There is no way you will not have at least five cars to wash in a day, at the rate of N1,000 each, making a total of N5,000 daily, on average.
To start up the business, all you need is a bucket, hoses, brushes, vacuum cleaners, dashboard spray, towels, sponges, and so on.
13. Laundry and dry cleaning services
No doubt, a laundry service business can make you money on a daily basis. A medium-sized laundry / dry cleaning service costs between N400,000 and N1,000,000, depending on the location.
Most of the costs go towards renting an office, purchasing a generator, washing machines, and other accessories. If you really want to save costs, you can simply use your home as an office.
To set up a laundry and dry cleaning shop you need the following:
- Washing machine.
- Pressing Iron and Ironing board
- Buckets and water storage tank to stop some water, so as to ensure that there is no interruption in operations in case of public water supply outages.
- Packaging bags for packaging ironed clothes.
12. Start A POS Payments Service
Next on our list of profitable daily income business in Nigeria is POS Payment services.
At locations where there are no banks or the ATM points are very few, the POS business comes in handy, as you can carry out e-payment for people who cannot go to the bank because of the long queue or limited ATM point.
You can charge from N100 and above depending on the amount being withdrawn or transferred. All you need is just a small shop or kiosk, a POS machine.
11. Sports Viewing Centers
The majority of Nigerian youths are football lovers and most matches usually take place during the weekends so imagine how much you stand to make by setting up a sports viewing center where people come and watch their respective clubs play.
All you need is a space, two to five big television sets, a generator, chairs, and a DSTV premium subscription.
Depending on the location, you can charge N100 or N300. Imagine having a space that can contain up to 100 people and more at N100, that is N10,000 every weekend or more.
10. Betting Shop
Starting a betting shop is also one of the trending daily income business in Nigeria that can fetch you reasonable income.
You can start up with as low as N400,000, knowing that many Nigerians who don’t have access to smartphones love betting, opening a betting shop will give people the opportunity to come and bet and play virtual games among other sports.
9. Makeup Studio
This is another daily income business in Nigeria. At the initial stage, you might not necessarily need a shop to begin.
You can just advertise your expertise on social media and you will be shocked at the number of calls you will receive.
You can simply enroll in a certificate program or even watch online videos on how to make people up and before you know it, you will become an expert in no time. In Nigeria, a makeup artist earns from N5,000 and above depending on the occasion and the type of makeup.
As the business expands you can now rent a shop, stock it up with the necessary equipment like ring light, wall mirror, professional make-up box, etc.
Before you know it you will be having influx of client’s that you will need to start employing people to assist you in the business.
8. Freelance Writing
This is one of the best daily income business in Nigeria anyone can venture into.
It is a less-capital-intensive business, and all that is required is great and professional writing skills to be able to write for sites.
Some freelance writers receive payment for the articles they write for as high as $50 to $2,000 depending on what you are writing on, and the site you write for. You just need a laptop or smartphone and data.
7. Okirika (OK) Clothes and Shoe Business
If you observe intently you will realize that a very limited number of people patronize Okrika sellers due to their inability to afford the expensive clothes and shoes.
You will always find a crowd of people where OK clothes and shoes are sold, so why not put this up for consideration as it is cheap to start, and you can make money daily.
6. Food Vendor (Mama put)
Restaurant business is also one of the profitable daily income business in Nigeria to make money from.
It is very easy and cheap to start up. Imagine using N5,000 to cook a pot of soup with garri included, and end up making extra N4,000 or more after-sales.
If cooking is your thing, check out the ultimate guide to starting a restaurant business in Nigeria; a proven business idea that works.
5. Plantain Chips Business
Take a tour around the street and you will find various brands of plantain chips on sale that are selling fast.
So if you can deal with manufacturing and shipping to retailers and distributors, you will be making good money every day.
What you need:
Large pan (N3,800), small sealing machine (N17,000), nylons, and labels (N2,000), other utensils (N5,000).
The remainder of N 25,000 goes towards buying plantains and logistics. Deliver to the shops and dealers and earn regular daily income.
4. Phones, Laptops and Accessories Shop
Among the fastest selling products in Nigeria are phones. We find people selling their old phones to buy new ones, including phone accessories like chargers, earphones even laptops, etc.
Most of these electronic accessories can be purchased online through Ali express or Alibaba. And of course the more you buy from these online platforms, the lower the price and since these accessories are light in weight, shipping them down to Nigeria will not be much of a burden and the fee will not be high.
Most of these accessories can be bought for as low as N500 from these international e-commerce websites and sold at higher prices.
3. Rearing of Layers For Egg Production
To set up poultry layers farms you need to purchase day-old chicks from an authentic hatchery or you can even go for layers that have already begun laying.
Poultry farming in Nigeria has become one of the most profitable ventures, not just for farmers, but for anyone who is willing to learn the business.
2. Bakery Business
As you must have been aware, the best product to deal with is the product that is in high demand in the market and bread happens to be one of such product.
A recent survey and research show that bread is among the ten most popular foods in the world. Bread makes a good gift in Nigeria. When people travel from one place to another, one common item that is bought and requested for is bread.
With these in mind, we can safely conclude that starting a bread bakery business in Nigeria and anywhere in the world is going to be a viable business.
1. Transportation Business
Transportation business is no doubt one of the most profitable daily income business in Nigeria.
Mobility is an essential part of human life, that is why you always find people moving from one place to another every day.
In a situation where there is no public transport to convey people to their different destination, you see that life becomes unbearable for these ones who don’t have their own means of mobility.
Imagine purchasing a bus or a small Toyota Corolla or Camry to be used for Uber business or town drop, you can imagine how much you stand to make daily.
An Uber driver or bus driver makes nothing less than N20,000 to N50,000 daily, so the transportation business is another business to venture into.
Summary of Daily Income Business In Nigeria
It is usually one thing to have the capital to start up a business, and another thing to know which line of business to venture into.
So with these daily income businesses in Nigeria to make money, listed above, I am sure it will help you ponder deeply over which business will be good for you and the location you are. Good luck in starting up your business!
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