What Can I Invest My Money On In Nigeria?

What can I invest with 50000 Naira?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business.

Baking is a thriving business in Nigeria.

Fast food Business.

The importance of food can never be overemphasized.

Plantain Chips Business.

This is also a very lucrative business.

Selling Drinks and Water.

Small Scale Farming.

Smoked Fish Business.

Soap Production.

Home and Beauty Products.More items…•.

What should I invest in when I have no money?

Easy ways to invest without much money:It’s OK to start small.Take advantage of your company retirement plan.Buy fractional shares.Use dividend investing to your advantage.Consider a robo advisor.Use micro-investing.Don’t forget to increase your contributions.

What are 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.Growth investments. … Shares. … Property. … Defensive investments. … Cash. … Fixed interest.

What should I invest in Nigeria 2020?

Here are the most lucrative investment opportunities in Nigeria:Agriculture. Nigeria’s population is estimated to be over 200 million. … Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria. … Oil and Gas. … Mining. … Manufacturing Industry. … FGN Savings Bond. … Stocks. … Fixed deposit.More items…

What is the most profitable business in Nigeria?

Top Business Ideas in Nigeria You Should ConsiderCosmetics Production Business. … Tomato Farming Business. … Gym Business. … Blogging. … Sale of Mobile Phone Accessories. … Mobile Phone Repairs. … Plantain Chips Production and Sales. … Ice block Production and Sale.More items…

What business can I do with 20k in Nigeria?

What business can you start with 20000 Naira in Nigeria?Small scale business in Nigeria is one of the most active segments in Nigerian economy. … READ ALSO: How to start quail farming business?№1 Printing recharge cards. … №2 Beans selling. … №3 Poultry farming. … №4. … №5. … № 6.More items…•

How can I make money fast in Nigeria?

In this post, we’ll be sharing some easy and legit ways to make some extra cash in your spare time.Publish Books Online. … Sell Designs & Creatives Online. … List on Property Websites. … Start a Blog or a Vlog. … Sell on E-commerce Websites. … Affiliate Marketing. … Offer Professional Services Online. … Become a Virtual Tutor.More items…

What business can I start with 200k in Nigeria?

Six lucrative businesses to start with 200k, 300k, and 600k that you will make good profits in Nigeria; (1) Natural honey 🍯 business, (2) Car wash business, (3) Clothing business, (4) Keke napep business, (5) Dry Cleaning business and (6) Luxury hair business.

What should a beginner invest in?

6 ideal investments for beginnersA 401(k) or other employer retirement plan. … A robo-advisor. … Target-date mutual funds. … Index funds. … Exchange-traded funds. … Investment apps.

What the Bible says about investing?

Proverbs 21:20 The wise store up choice food and olive oil, but fools gulp theirs down. Proverbs 21:5 The plans of the diligent lead to profit as surely as haste leads to poverty. Matthew 25:14-30 “For it is just like a man about to go on a journey, who called his own slaves and entrusted his possessions to them.

What type of investment makes the most money?

Overview: Best investments in 2020High-yield savings accounts. … Certificates of deposit. … Money market accounts. … Treasury securities. … Government bond funds. … Short-term corporate bond funds. … S&P 500 index funds. … Dividend stock funds.More items…•

How can I make money with 50k?

Invest Cash in a Money Market Account. With $50,000 to invest, your emergency fund is going to eat up a large percentage of your total portfolio. … Invest in Stocks. This is where we really get into the “meat” of investing. … Invest in a CD. … Determine Your Investment Allocation. … Stock Your Emergency Fund. … Invest in Bonds.

What are the most successful small businesses?

Most Profitable Small Businesses in 2020Personal Wellness. … Courses in Other Hobbies. … Bookkeeping and Accounting. … Consulting. … Graphic Design. … Social Media Management. … Marketing Copywriter. … Virtual Assistant Services. Finally, last on our list of the most profitable small businesses: virtual assistant services.More items…•

How can I invest money wisely in Nigeria?

Here are some tips from the post and I think it can answer the question on how to invest your money wisely in Nigeria.Invest in something you understand. … Invest in something you are passionate about. … Invest in something you are willing to learn through. … Invest in something you are willing to stick with.More items…

How can I invest 200k in Nigeria?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…