List of 20 Profitable Large-Scale Businesses in Nigeria

  15 July 2015

Are you thinking of taking the step-up from been an employee to being your own boss? Or maybe you want to keep your well-paying job but still want to divert part of your income into a profitable venture? Here are top 20 of the endless list of large scale businesses in Nigeria that are richly rewarding.

1. HOTELS AND GUEST HOUSE:

The key is to target the right strategic location for it. When you put hotels and guest house in a place where people are sure to visit it, you can be sure you will make a lot from there.

 

2. REAL ESTATE MANAGEMENT:

This involves management of properties of lands and the buildings on it. This could be selling of those properties or renting of them. This is also a nice business opportunity.

 

3. SCHOOLS:

People are making a fortune from running of schools be it primary, secondary or tertiary institutions. If you have the means, owning a school isn’t a bad idea.

 

4. TRANSPORT BUSINESS:

Having a registered transport business is also a nice business idea if you are planning on going large-scale.

 

5. ONLINE MALLS:

The world is going mobile. Everything people want they believe they can get it on the internet, and those into online business are not disappointing them. This is also something you can take advantage of. Believe me, there are many things people need that do not have online malls.

 

6. AGRICULTURE:

If at all you are still in doubt as to how profitable agriculture can be, you just need to think of former Nigerian president Olusegun Obasanjo’s Ota farm. Reports have it that he earns about 34million naira daily from the farm. Outrageous you might say. Agriculture can be an exciting business to go into, and the beautiful thing is that is equally rewarding.

 

7. BULK SMS SERVICE:

It might surprise you to know it cost very little to own a bulk SMS platform. That is also another bright business prospect you can venture into, and you will be glad you did.

 

8. AFFILIATE MARKETING:

What this means is that you help a company or firm market her business and you get a reward for every new person you bring to the firm. Nigerian online mall Jumia ng has such initiative and its richly rewarding those who are into it. You can also be a part of SmartSMSSolutions’ affiliate marketing program. Do you think you have good marketing skills? Then you can delve into the massively profitable affiliate marketing business.

 

9. FAST FOOD EATERIES:

Another large-scale business you can go into is opening a fast food eatery. It doesn’t really cost much and it’s also profitable.

 

10. FUEL STATIONS:

If you have the resources, you can also own a fuel station. This is one business where you will never run short of patronage.

 

11. SUPERMARKETS AND BOUTIQUES:

A nice additional source of income even if you have an active job. All you need is a shop for it, stock it up and look for someone to manage it. You could even decide to make it your fulltime job with time, when it grows.

 

12. WEB DESIGN AND PROGRAMMING:

One interesting thing with businesses like this is that when you get the training once and for all, you are good to go in making your money. Lots of contents are going online every day, blogs, websites and the likes. People are looking for people to set this up and are ready to pay for it. You can be there when they come calling.

 

13. COURIER SERVICES:

Courier services deals with parcel deliveries and mail deliveries to people’s doorsteps. This is another business opportunity open to you.

 

14. ENTERTAINMENT INDUSTRY:

You have the talent, you know you do and even people are telling you it’s true. Then you can go into the entertainment industry. It might be acting, comedy, singing e.t.c. Forget about the cost of getting a producer, your talent speaks for you.

 

15. HOSPITALS/CLINICS:

This is another large-scale business opportunity in Nigeria. You must ensure though that you are qualified for this before you open such.

 

16. CONSTRUCTION COMPANY:

Yes! You can own a personal construction company. With the capital and the technical know-how of what to do, you can start earning yourself lots of contracts in just a short while.

 

17. TELECOMS:

You can also be a wholesaler in the telecom business. Recharge cards, phones and phone accessories are nice items to sell.

 

18. MASS COMMUNICATION:

We have many persons who own an FM. If you have a nice schedule of programs for their consumption, you can be sure you will get the attention and as it grows it has a nice return on investment.

 

19. PHARMACY:

Selling drugs is also a profitable large-scale business in Nigeria. But just as with clinics and hospitals, you must have the license to own such a business.

 

20. ANY OTHER HONEST REWARDING BUSINESS:

From conversations with friends, looking around, you might also see some other nice and highly rewarding large-scale business you can venture into.

 

So these are just a few of the numerous large-scale business opportunities that are open to you for you to pick from.

Once the business is up and running, the next focus will be increasing your revenue and getting more patronage. Here are 8 top ways you can use bulk SMS for your large scale business.

If you don’t have a bulk SMS account yet, you can register one instantly to get started with making your large-scale business the largest among its contemporaries.

Do you know of any other exciting and richly rewarding large scale business we have omitted? Let us know in the comment box below.

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