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Showing posts from May, 2018

How to start concrete block company in Nigeria

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The increasing need to build new residential houses, offices, churches, mosques, shop, schools, e.tc to accommodate the needs of Nigerians, these has made the cement mold ling business a very lucrative business in the country. 15 bags of cements can yield about 500 bags of cements blocks with these you could make about N20,000 per day, and N500,000 monthly income as yousell each 9inches block for N120. Starting a block is not difficult in starting it depends on the scale you want to operate.Here are some few tips needed. how to land and houses business in Nigeria  Acquire A Land For Your Concrete Block Industry These business requires that you have a large space not only for production and drying your blocks but also for storing cements, your location should be in a developing areas where buildings are going on. You will need a shed where you will have your equipment’s, it should be with a roof over it without a wall. Equipment Here are some machines and equipment’s

How to start house and land business(real estate)

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If there is any business in Nigeria that is truly lucrative and extremely profitable, it has to be Real Estate business in Nigeria. Most of the top billionaires in Nigeria are real estate investors. The business is a money spinner to the highest level. Real Estate is currently booming in Nigeria andpeople are making millions in it. Today, wewant to take a closer look at the business and see how you can invest in this sector of the economy (irrespective of how muchyou have) and make serious profit.       One thing very good about real estate business in Nigeria is that the investment opportunity is so diverse that there seem to be something for everyone. Anyone who wish to invest can invest whether he has thousands or billions of naira, you caneven invest without a dime in your pocket.Let us see how it works.This is the first article I am writing on real estate business on this website. So, I will try to highlight some of the best investment opportunities in the industry, and e

how to start cell phone business Nigeria

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Phone selling is a very lucrative business and a business also that you can make a quick turn-over if you know how to manage it. If you want to go into phone business where you sell and make profits, you must first of all decide which area of specialization that you want to specialize in. That is either as a: ·Dealer.·     .Sub -dealer/Wholesaler.·     .Retailer. See also: how to start cement business in Nigeria There and then you will know what the start up capital will look like. You should be a little bit experience in buying and selling as well as keeping record, knowing also the type or brand of phone you want to sell.     You can also get some necessary information like cost price, selling price and profit margin of the type or brand of phone you want to sell. You should also look for a shop in an area of more human traffic.          See also: how to start gold bussiness in nigeria           Once you are set of doing the above procedures, proceed to th

how to earn money with Facebook

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Most people use Facebook to share photos and stay in touch with friends, but did you know that you can use it to earn money as well? There are lots of ways to earn money on Facebook, from using link-type advertising programs to creatinga fanpage and then selling the posts. You can even use Facebook to advertise and sell your products.       There are four method to earn money using Facebook; 1.Make a great post The foundation of anysuccessful plan to make money with social media is good content, and lots of it. On Facebook, that means a stream of interesting links, images, and updates every day. *.Search for a niche and fill it with qualitycontent. It doesn't have to be a niche nobody else is filling, but it should be specific enough that it's clear to the casual observer. For example, maybe you'll post content for cat lovers, mothers, or people with a certain political affiliation. If you plan to market a product with your account, besure to link the produ

how to make millions with rice bussiness

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Why start rice wholesale business or dealership? 1.Nigeria is Africa biggest economy: The population of Nigeria is 170million people and by the year 2020 it will be about 200million people.these ever growing population need food and rice is a major stable food in Nigeria loved by children and adult.statistics shows that about 22million bags of rice is consumed every month.so there is a big market for rice in Nigeria. 2.Rice is not a perishable food like vegetable,it takes 4 years for rice to gets spoiled,within thisperiod there is no way you cannot sell your stock of rice. 3.Of the total rice consumed in Nigeria,15 percent is grow here while the other 85% is imported from thailand,india and brazil.so rice at the moment is not something that is cheap and quick to be produce by everyone like water,so the urban cities and villlages can still buy from you. 4.Aliko Dangote has already invested $1billion into integrated rice farming,so if you are still thinking what kind o

How to start gold bussiness in Nigeria

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The business of buying and selling of gold and other precious metals is worth millions of dollars in Nigeria. They are usually sold in the form of Jewelry such as necklaces and rings not in their raw form. Gold is a particular favorite during weddings, it is given to brides as gifts by their families or even by the husband. The rich also patronize expensive Jewelry business very much. They account for most of the trade in gold and Jewelry business, the most prominent of the trading points being Kano state.To begin this trade one has to sharpen hissales skills, because excruciating bargaining is involved in order to yield maximum profit. It is usually bought at a lower/bulk price and sold to customers at a higher price, so the better you are at your sales pitch the more you will earn. The business model we are going to employ is the type that involves running the business in a shop, where customers come to buy from you or sell their gold or other precious stone jewelries to you,

How to start cement business in Nigeria

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Cement business is one of the best and easiestbuilding material businessanyone can start and make good money. People have been looking for information on howto start cement business in Nigeria without finding any substantial details. In this article, I will be endeavor to explain cement business in as much detail as possible to the extent of my understand. I will try to explain how anyone can start cement business anywhere in Nigeria without so much suffering.Before we proceed to the step by step how to start, let us first take a look at the merit and profit potential in cement business using Dangote cement supply as a study case. Like I said before, its one sure business that everything in it seems almost seem guaranteed and I can assure you that people who are doing the business are making good profit.     As a distributor, you will get the cement from the company at about #2,300 per bag. That is about#1,380,000 for a trailer load (600 bags). Each bag can be sold for about #2,

how to Make money online

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Are you looking for an online business idea with a low investment that pays in Nigeria? Internet penetration in Nigeria is at its all-time high. According to areport by NCCin June 2017, Nigeria has over 91 million internet users out of a populationof 184 million. 85% of these usersare believed to be accessing the internet using their mobile phones.In this age of high technological adoption, the internet is the greatequalizer. Anyone with a mobile phone or laptop that has internet connectivity can startmaking money online with little or no financial investment. Let’s consider twelve of the top ways to make money online with little or no cost at all. 1. eCommerce You cansell things on the internetand get paid, all you need is a website. Once the site isup and running, you can list the product and start selling it. As you will grow the traffic, the sell will automatically grow. If you cant afford your own website here is a list ofe-commerce websites in Nigeriathat you can sell

share bussiness in Nigeria

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Short term trading in the Nigerian stock exchange (market) is what most people are advised to go for. You can make quick money from speculation quicker than you’d ever imagine. It is possible to get some stock unit, let’s say for N200,000 and quickly make gain by selling it within the next few weeks or months.However, it is possible to buy some unit for N200,000 and watch your money deplete into half within the next few weeks. So, this is a lose or gain approach. But if you are well informed about the ins and outs of investing in the stock market and the Nigerian stock exchange, it is possible to avoid the risks and make quickcash. See also: investment in Nigerian oil and gas Some people prefers to trade on high cap stocks, while others prefers trading on penny stocks.Whichever one you chose oryou decides to trade on both, the truth is that you can make money if you are wise and informed about trading in the Nigerian stock market. Now, let’s get over to the things you wi

MOST PROFITABLE AGRICULTURAL FARMING TO START IN NIGERIA

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Farming in Nigeria has taken a dramatic turn to a better direction in recent years, creating jobs and opportunities for entrepreneurs who dare to go into farming business. Millionaires are currently being made every year through farming in Nigeria and there is certainly no end to the prospects of creating more wealth through farming in the coming years.There are good reasons why farming in Nigeria is doing very well. Understanding these reasons will help you (no matter where you come from) to think seriously about setting up farm in Nigeria.   1) There is no any other African country where Farming is as viable as it is in Nigeria in terms of productivity and profitability.   2) There is no other country where farmers are more advantaged as they are in Nigeria as regards demands for the produce. Take a look at my top five reasons why you must start Farming in Nigeria now. Why Farming In Nigeria? (1) Nigeria has a huge population of over 200 million people, twice more tha

HOW TO PRODUCE GROUNDNUT OIL AND MAKE MONEY

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Edible vegetableoil is oil produced from any of the edibleoil bearing seeds that exist in nature. Many of these seeds are produced in large quantities in Nigeria. Amongst them are: groundnut, oil palm fruit, soybeans, cotton seed, sesame seed, melon seed, etc.This write up will focus on the processing of groundnut into oil and cake. Although the production process is almost the samefor almost all the seeds with just slight differences in the production line.The production line of oil from groundnut is: seed preparation, seed pressing/oil extraction and filtration. A typical groundnut oil mill has the following facilities: decorticator, cooking kettle, babyboiler, oil expeller and filter press.For a small/medium scale mechanized groundnut oil mill, the start-up capital is between five to six million naira. This will cover the cost of land, construction, furniture, procurement and installation of machinery, vehicle and operational expenses.One tone of groundnut seed produces an aver

Top 10 richest Nigerian

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                        Top 10 richest Nigerian ( 2018) With a highly entrepreneurial spirit, Nigerians are one of the mostindustrious people on earth. Sandwiched between a very harsh terrain and a mammothpopulation threatening to sink the nation, the hustling is a lot more severe than in any other clime.The good part is, despite these seemingly insurmountable hurdles, the country is a proud mother to many billionaires and most importantly, the richest men in all ofAfrica.It doesn’t end here, Nigeria’s have been reportedly linked to most of Europe’s high priced properties and the cityof Lagos has the 4th largest concentration of billionaires(360) in Africa. Below are thetop 10 richest men in Nigeria (2018) 1.ALIKO DANGOTE Born in April, 1957 in Kano State, Nigeria, Aliko Dangote (GCON) is the chairman and CEO of  Dangote Group, a business conglomerate with interests in flour, sugar, cement, telecoms, noodles and currently, he is building Africa’s largest refinery and h

kola nut business in nigeria

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Kola nut export is one of the least know money maker in some parts of this country. If you have access to Kola nuts, you are in for dollars exporting it to foreign countries. Kola nut is highly sought after because of its many usages both in pharmaceutical and soft drinks productions.In Nigeria, Kola nut is very important because it is used as a good gesture in marriages, business transactions, and in many occasions as a way of showing respect. Kola nuts are given to strangers in many parts of Igboland as a hospitality and welcome gift. But beyond that, cola nut is also capable of making millions of dollars to exporters.The prices of kola nuts vary in Nigeria markets, but when you are poised to having it exported out of the country, you will be sure to have the profit margin rounded up many times for you. Also see:  how to start blocks company in nigeria with small money For instance, the price you get a basket ofkola nut in Ondo state is quite different from what you would