We bring to you 29 proven daily income businesses in Nigeria that could make you money if you give it a try!
Are you one of the many Nigerians who are sick of waking up at 8 a.m. to rush to work and then closing at 5 p.m. with no extra money?
If you’re tired of being bossed around and want to be your own boss, there are a variety of daily-income enterprises to consider.
This essay about starting a small business might help you understand how to create a business that you can grow slowly while earning a side income.
Your problems are over because we’ve compiled a list of 29 daily-income businesses in Nigeria from which you can profit. These are just a few of the 50 trendy business ideas in Nigeria.
So keep reading to learn about 25 small-scale enterprises that will make you money on a daily basis and that you can start with very little money offline.
List of 29 Profitable Daily Income Businesses 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 his hair cut at the rate of N300 or N1000 for services rendered, depending on the location.
Not only do men go to the barbershop, women also visit the barbershop to either have their hair dyed or trimmed.
Starting a barbershop is one of the best daily income businesses 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.
24. Professional Car Wash
Another profitable business that can earn you money on a regular basis is car washing. It is simple and inexpensive to put up.
Many car owners nowadays find washing their own automobiles time-consuming and exhausting, so they opt to get it washed at a car wash to save time and energy.
There’s no way you won’t have at least five cars to wash in a day, each at a cost of N1,000, for a daily total of N5,000.
All you need to get started is a bucket, hoses, brushes, vacuum cleaners, dashboard spray, cloths, sponges, and other supplies.
23. 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.
22. Start A POS Payments Service
Next on our list of profitable daily income businesses in Nigeria is POS Payment services. Did you know that the number of POS terminals in Nigeria grew from 155,000 in 2017 to over 1.1 million terminals in 2022 alone? This is a huge opportunity for daily cash flow..
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 points.
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.
21. Betting Shop
Starting a betting shop is also one of the trending daily income businesses in Nigeria that can fetch you a 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.
20. 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, and stock it up with the necessary equipment like ring lights, wall mirrors, professional make-up boxes, etc.
Before you know it you will be having an influx of clients that you will need to start employing people to assist you in the business.
19. 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.
18. Food Vendor (Mama put)
The restaurant business is also one of the most profitable daily income businesses 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.
17. 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, labels (N2,000), and 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.
16. 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.
15. 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 willing to learn the business.
14. Bakery Business
As you must be 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 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.
13. Bar Business
Nigeria’s vibrant nightlife and social scene provide an excellent opportunity for those interested in the bar business. By creating a welcoming atmosphere, offering a variety of beverages, including local favorites and international selections, and organizing events or live music performances, you can attract a loyal clientele.
Additionally, incorporating a unique theme or concept into your bar can help differentiate you from the competition. With proper planning, strategic location, and efficient management, running a bar can generate a consistent daily income while becoming a hub for social interactions and entertainment.
12. Liquid Soap Production
With the increased focus on hygiene and cleanliness, the demand for liquid soap has soared in Nigeria. Starting a liquid soap production business allows you to cater to this essential need while creating a profitable venture. You can produce different variants of liquid soap, including hand wash, dishwashing liquid, and multipurpose cleaners. Develop high-quality products using locally sourced ingredients and focus on effective packaging and branding. Target both individual consumers and potential wholesale clients, such as hotels, restaurants, and schools, to ensure a steady daily income.
12. Football Viewing Centre
Nigeria is a nation passionate about football, and establishing a football viewing center can be a lucrative business idea. By providing a comfortable space equipped with large screens, surround sound systems, and a vibrant ambiance, you can attract football enthusiasts who seek a thrilling and communal viewing experience.
Partner with cable or satellite TV providers to broadcast live matches and major tournaments, and offer additional services like refreshments and snacks to enhance the overall experience. With proper marketing and an enticing match schedule, your football viewing center can become a go-to destination and a source of daily income.
11. Provision Store
A provision store is a staple in Nigerian communities, catering to the everyday needs of consumers. By offering a wide range of essential commodities, such as food items, beverages, toiletries, and household products, you can establish a provision store that becomes the go-to destination for local residents. Focus on maintaining a well-stocked inventory, competitive pricing, and exceptional customer service. Additionally, consider offering delivery services to reach a wider customer base. A provision store provides a consistent daily income while meeting the basic needs of your community.
10. Raw Food Sales and Trading Business
Nigeria’s rich agricultural resources present an excellent opportunity for a raw food sales and trading business. You can specialize in sourcing and selling fresh fruits, vegetables, grains, and other agricultural produce. Establish direct relationships with farmers and suppliers to ensure a steady supply of high-quality products. Target both retail customers and restaurants, hotels, and catering businesses to expand your customer base. With effective marketing, reliable transportation, and efficient management, this business can generate a daily income while contributing to the nation’s food supply chain.
9. Tailoring and Fashion Design
Nigeria’s fashion industry is thriving, and starting a tailoring and fashion design business can be a fulfilling and profitable venture. If you possess a flair for creativity and have sewing skills, you can offer custom-made clothing, alterations, and fashion consultation services. Cater to both individual clients and corporate customers by creating unique designs and delivering impeccable craftsmanship. Build a strong reputation through word-of-mouth recommendations and utilize social media platforms to showcase your work. With a growing clientele, your tailoring and fashion design business can provide a steady daily income.
8. Phone Repair Business
With the increasing reliance on smartphones and other electronic devices, the demand for phone repair services has skyrocketed in Nigeria. Starting a phone repair business allows you to tap into this growing market. Acquire the necessary technical skills or hire experienced technicians to provide reliable and efficient repair services. Establish a transparent pricing structure, offer warranties on repairs, and ensure quick turnaround times. Effective marketing strategies, such as partnering with local phone retailers or leveraging social media platforms, can help attract customers and generate a daily income.
7. Catering & Bakery Business
If you possess culinary talents and have a flair for creating delightful experiences through food, starting a catering and bakery business can be a lucrative option. Nigeria’s rich cultural diversity and love for good food present a thriving market for caterers and bakers. By offering your services for events such as weddings, birthdays, corporate gatherings, and other social occasions, you can cater to the culinary needs of your clients while enjoying a daily income. Be sure to emphasize your unique selling points, such as delicious and hygienic meals, prompt delivery, and exceptional customer service, to stand out from the competition.
6. Beauty Salon
In a nation where beauty is celebrated, establishing a beauty salon can be a highly profitable venture. Nigerians take great pride in their appearance, making the beauty industry a vibrant and ever-growing market. From hair styling and makeup to nail art and skincare services, there are various avenues to explore within the beauty salon business. By providing exceptional services, maintaining a pleasant ambiance, and leveraging social media platforms for marketing, you can attract a loyal customer base and generate a daily income that brings beauty and confidence to your clients.
5. Gym or Fitness Centre Business
As Nigeria continues to embrace a health-conscious lifestyle, there is an increasing demand for fitness centers and gyms. Starting a gym or fitness center allows you to tap into this growing market while promoting wellness within your community. Offer a wide range of fitness programs, including aerobics, weight training, yoga, and personal training sessions. Creating a welcoming and motivating environment, along with well-trained fitness instructors, will help you build a strong customer base and ensure a steady daily income.
4. Selling pieces of jewelry
If you have an eye for beauty and a passion for fashion, selling jewelry can be an exciting and profitable daily income business in Nigeria. The Nigerian market is known for its love for accessories and unique designs, making it an ideal place to showcase and sell your collection. You can start by sourcing exquisite pieces from local artisans or even explore the option of importing internationally acclaimed jewelry brands. Leverage online platforms, social media, and local events to showcase your products and attract customers who appreciate the artistry and craftsmanship behind each piece.
3. Iced Block Business
In a climate where temperatures can soar, the demand for iced blocks remains high throughout the year. Starting an iced block business can provide you with a consistent daily income stream. This business involves the production and sale of ice blocks to individuals, businesses, and event organizers. With proper equipment, reliable distribution channels, and excellent customer service, you can establish yourself as a trusted supplier of high-quality ice blocks, ensuring a refreshing income opportunity in Nigeria.
2. Pure Water/Bottled Water
Water is an essential commodity, and with the increasing population and demand for clean drinking water in Nigeria, starting a pure water/bottled water business can be a smart investment. By implementing strict quality control measures and ensuring the purity of your water, you can build a reputable brand that appeals to health-conscious consumers. Leverage effective marketing strategies, such as catchy packaging and competitive pricing, to penetrate the market and secure a daily income stream.
Stay tuned for the next section where we will explore more daily income business ideas in Nigeria!
1. Transportation Business
The transportation business is no doubt one of the most profitable daily income businesses in Nigeria.
Mobility is an essential part of human life, and 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 destinations, you see that life becomes unbearable for those 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.
List of Online Daily Income Businesses in Nigeria
With the power of the internet, you can now explore a plethora of lucrative opportunities that offer daily income potential. In this article, we will dive into four exciting ventures—affiliate marketing, peer-to-peer cryptocurrency trading, e-commerce/drop shipping, and content/article writing. Let’s explore how these ventures can help you generate daily income while harnessing the digital landscape.
Earning Through Collaboration Affiliate marketing presents a compelling option for those seeking daily income businesses in Nigeria. It revolves around promoting products or services and earning a commission for each successful referral. With the right strategy and dedication, affiliate marketing can prove to be a highly profitable venture.
To kickstart your affiliate marketing journey, begin by identifying a niche or industry that aligns with your interests. Next, sign up for reputable affiliate programs or networks that provide an extensive range of products or services. Promote these offerings through various channels, such as social media, blogs, or YouTube, leveraging your unique voice and expertise. With consistent effort and engagement, you can attract a dedicated audience and earn commissions on a daily basis.
Trade Cryptocurrencies – P2P
Harnessing the Digital Currency Revolution The rise of cryptocurrencies has paved the way for peer-to-peer (P2P) trading platforms, offering individuals in Nigeria the opportunity to engage in daily income businesses. Through P2P platforms, you can buy and sell cryptocurrencies directly with other users, taking advantage of market fluctuations and price differentials.
To begin your journey into cryptocurrency trading, it’s crucial to research and choose a secure and user-friendly P2P platform that caters to the Nigerian market. You should check out the top 10 best apps to trade cryptocurrencies in Nigeria. Once registered, you can start trading popular cryptocurrencies like Bitcoin, Ethereum, or Litecoin. Daily income is attainable by capitalizing on price movements and employing technical analysis and fundamental research to make informed trading decisions. Stay updated on industry news, trends, and market indicators to seize profitable opportunities and maximize your daily income.
Your Gateway to Digital Retail Success E-commerce and drop shipping have revolutionized the retail industry, allowing anyone to set up a profitable online store without the need for inventory or large capital investments. In Nigeria, the e-commerce landscape has experienced tremendous growth, presenting daily income business opportunities for ambitious entrepreneurs.
To embark on your e-commerce journey, start by selecting a niche or product category that aligns with market demands. Create a user-friendly website or leverage established platforms like Jumia, Konga, or Shopify. Source products from reliable suppliers and utilize drop shipping to handle inventory and order fulfillment. Effective marketing strategies, such as social media advertising, search engine optimization (SEO), and email marketing, can help drive traffic and boost daily sales, leading to a steady stream of income.
Transforming Words into Wealth. If you possess a knack for writing, content/article writing can be a daily income business in Nigeria that allows you to unleash your creativity and earn money simultaneously. Countless businesses and individuals require engaging and informative content to enhance their online presence, making this industry a fertile ground for income generation.
To excel in content/article writing, hone your writing skills, and develop a unique voice. Offer your services through freelancing platforms like Upwork or Fiverr, or establish your own website to attract clients directly. Specialize in niches that interest you or showcase your expertise in specific subjects. By consistently delivering high-quality content, meeting deadlines, and building a strong reputation, you can secure recurring writing projects that contribute to your daily income.
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 in. Good luck in starting up your business!
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