27 Best Businesses to Start With 900K in Nigeria and Grow It to 10MILLION

Wondering what Businesses to Start with 900k in Nigeria in this Jagaban economy?

900k used to be a lot of money, but it is far from the case today

In this article, I will reveal how to grow it and become rich.

You will discover a range of profitable business opportunities that promise steady returns and growth potential in this economy.

These 27 business ideas are tailored to fit many interests from innovative tech ventures to traditional service-based enterprises.

This guide helps you choose the right business to start or expand in Nigeria for financial success.

I’m ready to make money, no more reading

I want to start

1. Organic Farming

Organic farming is a great business in Nigeria with 900k as people become more health-conscious.

It requires a low initial investment.

You can go to a nearby village and rent a field or just get a handful of buckets and fill them up with sand.

Government support and higher profits make organic farming profitable. Selling locally or online boosts community health and builds loyalty.

2. Recycling Business

Starting a recycling business in Nigeria with 900k is a great idea due to increasing environmental awareness and waste management challenges.

With urbanization and population growth, waste production is rising, creating demand for recycling services.

This business helps reduce pollution, create jobs, and support sustainable development.

Initial costs include collection, sorting, and basic processing equipment. The growing demand for recycled materials presents profitable opportunities.

3. Pet Grooming Services

Pet grooming service is a good business to start in Nigeria with 900k.

With the growing number of pet owners who seek professional care for their animals, this is a great avenue to make a lot of money for yourself.

Here’s a list of things needed to run a pet grooming business:

Grooming table
Clippers and blades
Scissors and shears
Pet-friendly shampoos and conditioners
Brushes and combs
Nail clippers and grinders
Towels and dryers
Pet colognes and sprays
Ear and eye cleaning supplies
Grooming apron and gloves
Pet holding crates or kennels
Disinfectants and cleaning supplies
First-aid kit
Business license and insurance
Marketing materials (flyers, website, social media tools)

The investment covers necessary equipment, initial supplies, and marketing.

As awareness of pet health and hygiene increases, demand for grooming services rises.

You can offer pet bathing, haircuts, and nail trimming. Mobile grooming adds convenience, attracting more clients.

With good management, pet grooming can quickly become profitable in Nigeria.

Businesses to Start with 900k in Nigeria

4. Bicycle rental

As a kid growing up, that was around 2004-3. Bicycle rental used to be a very lucrative venture.

Now not so much. But you can capitalize on Urban areas that suffer from traffic congestion.

Also, bicycles offer an efficient alternative for short trips.

They also appeal to health-conscious individuals and those seeking eco-friendly transportation.

The initial investment in bicycles and a secure rental location is manageable within this budget.

Bicycle rental can expand as needed in tourist spots, universities, and busy city centers.

5. Urban Beekeeping

Urban beekeeping is a good business in Nigeria with a 900k initial investment.

Bees produce:

Honey
Beeswax
Propolis

All of which have strong local and international markets. Nigeria’s climate is ideal for beekeeping, ensuring year-round production.

This business also supports environmental sustainability by promoting pollination, crucial for crop production.

look for a nice and less crowded area.

With growing awareness of natural products, the demand for honey and related products is increasing, offering a profitable opportunity.

6. Healthy Snack Production

Healthy snack production is a lucrative business opportunity.

Everybody likes a good snack in Nigeria. With a healthy youth population, you will make a lot of money

Starting a healthy snack production business offers the opportunity to create products like granola bars, trail mixes, fruit and nut snacks, and vegetable chips.

With effective marketing, innovation, and quality control, this business will thrive in today’s health-conscious market.

7. Event Equipment Rental

Event Equipment Rental is a great business to start in Nigeria with 900K because it taps into the growing demand for event planning.

Celebrations like:

Weddings
Parties

AS Corporate events increase, there’s a constant need for

Tents
Chairs
Tables
Decorations.

This business offers steady demand, low overhead costs, and high profit margins. With 900k you can invest in quality equipment and offer competitive rates.

You can expand services over time, providing catering equipment, lighting, and sound systems. This scalability makes it a sustainable and profitable venture in the long run.

8. Aquaponics Farming

Aquaponics farming is an innovative and sustainable method of food production that combines aquaculture (fish farming) with hydroponics (soilless plant cultivation).

This system creates a symbiotic relationship where fish waste nourishes plants, and the plants purify the water for the fish.

Starting an aquaponics farm offers higher yields in less space, reduced water usage, and the ability to grow fish and various vegetables and herbs.

The produce is fresher and free from harmful chemicals, offering a sustainable solution for food security with fresh, nutritious produce.

9. Specialty stationery and paper products

Starting a specialty stationery and paper products business in Nigeria with 900k is promising.

This budget covers high-quality materials, unique product designs, and a small retail or online store.

Cater to students, professionals, and gift shoppers with personalized and eco-friendly options.

Market through social media, local craft fairs, and partnerships with schools and offices. With creativity and quality, this business can grow steadily.

10. Specialty Tea Shop

A specialty tea shop is an excellent business venture due to the increasing popularity of tea as a healthy and diverse beverage option.

With a focus on offering high-quality, unique, and artisanal teas, a specialty tea shop will cater to the growing demand for premium tea experiences.

The shop provides curated teas and expert staff for a personalized, educational experience.

Rising health trends boost specialty tea demand, helping a well-branded shop attract loyal customers and thrive.

11. Artisanal Bread Bakery

Starting an Artisanal Bread Bakery in Nigeria with 900k is a promising venture due to the rising demand for high-quality, unique bread.

This business caters to health-conscious consumers seeking fresh, preservative-free products.

With 900k, you can invest in essential baking equipment, quality ingredients, and a small storefront or delivery service.

Focusing on artisanal, hand-crafted bread sets you apart from mass-produced options.

You can also add pastries and other baked goods to attract more customers and tap into the growing love for specialty foods.

12. Children’s Online Tutoring

Starting an online tutoring business for children with 900k is a smart and profitable venture for several reasons.

First, the demand for online learning has grown significantly, especially as parents prioritize their children’s education.

This business model offers flexibility, allowing you to reach students across various locations, without the overhead costs of a physical space.

With a budget of 900k, you can set up a professional digital platform, hire skilled tutors, and invest in essential educational tools and software.

Parents appreciate the convenience of online tutoring, as it saves time on commuting and allows lessons to fit into busy schedules.

This business is scalable, allowing easy expansion as more students join. With low startup costs and high demand, online tutoring offers great long-term growth potential.

13. Handmade Soap

Starting a Handmade Soap business in Nigeria with 900k is a smart move.

Nigerians wash, that’s all I can say.

With this budget, you can purchase high-quality ingredients, molds, and packaging materials.

Handmade soaps will be tailored to different skin types and infused with unique scents, making them appealing to a wide audience.

Sell through local markets, online platforms, and beauty stores with low overhead costs and high-profit margins. it is a great business even though it is more feminine.

14. Mobile Phone Repair

Starting a Mobile Phone Repair business in Nigeria with 900k is a profitable is great idea

With this budget, you can purchase essential tools, and replacement parts, and rent a small shop or set up a mobile service.

This business addresses a crucial need as many people prefer repairing their phones over buying new ones due to cost savings.

Offering services like screen replacements, battery changes, and software fixes meets high demand, ensuring a steady flow of customers for a lucrative and sustainable business.

15. Language Tutoring Center

A language tutoring center is a highly viable business idea due to the increasing demand for language learning in a globalized world.

With the growing importance of multilingualism in both personal and professional contexts, there is a substantial market for language education services.

The center offers personalized language tutoring for students of all ages and proficiency levels, including adults improving skills for career or travel purposes.

A language tutoring center excels with specialized exam prep, a tailored curriculum, expert tutors, and a supportive environment to improve language skills.

16. Craft Workshop

A craft workshop is an excellent business venture, particularly in communities where there is a growing interest in handmade and artisanal products.

A craft workshop offering pottery, woodworking, jewelry making, and textile arts can tap into the growing demand for hands-on creative experiences.

The workshop can offer classes, open studio sessions, and even host events like craft markets or artisan fairs, creating a vibrant hub for the local creative community.

The workshop sells crafts and supplies, creating revenue.

With effective marketing and a focus on creativity and skill development, it can thrive as a community hub and profitable business.

17. Ice Block Production and Sales

Starting an ice block business in Nigeria with 900k is a smart move, thanks to the high demand in the hot climate.

This budget allows you to purchase an ice block-making machine, a generator for consistent power supply, molds, and packaging materials.

The market for ice blocks includes households, food vendors, event organizers, and businesses needing to preserve perishables.

Positioning near marketplaces, events, and commercial areas maximizes sales.

Reliable delivery services expand the customer base. With careful planning and consistent production, expect steady income and growth.

18. Mobile Phone Accessories Sales

Starting a mobile phone accessories business in Nigeria with 900k is a smart and profitable venture.

The high demand for smartphones creates a consistent market for accessories like chargers, earphones, cases, and screen protectors.

With your budget, you can stock a variety of popular and high-quality products, secure a small retail space, and invest in eye-catching displays.

Target high-traffic areas like shopping malls, markets, and university campuses to attract customers.

Using online platforms and social media boosts your reach. Competitive prices, warranties, and good service build loyalty and ensure steady growth.

19. Smartwatch Repair and Customization

Starting a smartwatch repair and customization business can be a lucrative venture, especially with the increasing popularity of wearable technology.

With the rapid growth in smartwatch ownership, there is a growing need for repair services and customization options.

Services like screen replacement, battery replacement, software troubleshooting, and custom watch face designs can meet smartwatch users’ needs.

Offering customization options like engraving and unique accessories attracts customers seeking personalized devices.

With skills, tools, and a focus on quality service, a smartwatch repair and customization business can tap into a niche market for steady income.

20. Barbing Salon

This budget allows you to rent a suitable space in a busy area, purchase high-quality equipment like clippers, chairs, mirrors, and grooming products, and create a comfortable atmosphere.

Offering services such as haircuts, shaving, and beard grooming caters to a wide customer base.

You can attract customers by ensuring excellent customer service, maintaining hygiene, and staying updated with the latest hairstyle trends.

Marketing through social media, local ads, and word-of-mouth will help build a loyal clientele. This business has the potential for steady income and growth.

21. Drone Photography and Videography Services

Starting a drone photography and videography services business in Nigeria with 900k is a strategic and profitable venture.

The initial investment covers purchasing a high-quality drone with a camera, essential accessories, and necessary permits or licenses.

There is a growing demand for aerial footage in various sectors, such as real estate, weddings, corporate events, agriculture, and tourism.

Market your services on social media and a professional website.

Collaborate with event planners and real estate agents. Use unique aerial perspectives to stand out.

22. Shoe making and repair

Starting a shoe-making and repair business can be a promising venture, especially in Nigeria where there is a demand for quality footwear and repair services.

With an investment of 900k, you can acquire the necessary tools, materials, and equipment to start producing and repairing shoes.

The business can offer a range of services including custom shoe design, leather repair, sole replacement, and general shoe maintenance. You can create your own brand of shoes to sell in the market.

With the right skills, creativity, and marketing strategy, a shoe-making and repair business has the potential to attract a loyal customer base and thrive in the footwear industry.

23. Snail Farming

Starting a snail farming business in Nigeria is excellent.

With 900k you will need to purchase the necessary tools needed.

Here’s a short list of tools needed to start a snail farm:

Snail housing/enclosures
Watering cans or drip irrigation
Feeding troughs
Rake/hand trowel
Protective netting
Plastic or clay trays
Measuring scale
pH testing kit
Calcium sources (shell grit, limestone)
Thermometer
Organic waste (compost)
Buckets

Snail farming requires relatively low initial investment and operational costs.

Your budget allows you to set up a small to medium snail farm, covering snail purchases, pen construction, and supplies.

The demand for snails is high due to their nutritional and culinary value, making it a lucrative market.

Snails are easy to farm, reproduce quickly, and need minimal space and labor.

Selling to local markets, restaurants, and supermarkets ensures steady income and sustainable growth.

24. Pet Breeding and Grooming

Starting a pet breeding and grooming business can be a rewarding venture for animal lovers.

With an investment of 900k, you can establish a small-scale breeding operation for popular pet breeds such as dogs or cats.

Offering grooming services such as baths, haircuts, and nail trims can cater to pet owners looking to keep their pets clean and well-maintained.

Ethical breeding, regulatory compliance, proper facilities, and care can help a pet breeding and grooming business thrive in Nigeria’s growing pet market.

25. Herbal Medicine Production and Distribution

Starting a herbal medicine production and distribution business is a great business idea to start in Nigeria.

The truth is that Nigerians love herbal medicine.

With an investment of 900k, you can set up a small-scale production facility for herbal remedies, tinctures, and supplements.

This business can cater to the growing demand for natural and traditional remedies in Nigeria.

Set up a distribution network to supply herbal products to local markets, health stores, and online platforms.

Ensure regulatory compliance and high-quality ingredients.

26. Fruit Juice Production

Starting a virtual reality (VR) gaming center is a great business.

With an investment of 900k, you can set up a facility equipped with VR gaming systems, headsets, and interactive experiences.

The center can offer VR tours, educational simulations, and interactive art.

To attract customers, provide various VR experiences, a comfortable environment, and knowledgeable staff.

With the right location and marketing, a VR gaming center can become a popular destination for tech-savvy consumers.

27. Gaming Center

PlayStation offers immersive gaming and entertainment experiences, making it an attractive option for gamers and technology enthusiasts.

As you make more money the center can offer VR experiences beyond gaming, such as virtual tours, educational simulations, and interactive art exhibits.

To attract customers, offer a variety of games and experiences, create a comfortable and engaging environment, and have knowledgeable staff to assist users.

With the right location, marketing, and focus on cutting-edge entertainment, a gaming center can become a popular spot for tech-savvy consumers.

Bottom Line

Now is the time to take action and turn your entrepreneurial dreams into reality.

Start by researching your chosen business idea, creating a solid plan, and identifying your target market.

Engage with local communities to understand their needs and preferences.

Don’t hesitate to seek advice from experienced entrepreneurs or mentors.

With your 900,000 Naira investment, you have the potential to build a thriving business.

Take the first step today—decide on your business, gather the necessary resources, and get started