Businesses to Start With 100k in Northern Nigeria

Written by Michelle Anama Abari

Michelle is a content writer that loves writing as much as she loves reading. Her writing talks on issues relating to business and finance and other issues beyond finances where she aims to give knowledge on how to achieve one's personal best. When she's not writing, her favourite past time is reading and seeking adventures.

June 6, 2022

Every small-scale business starts up as a big idea and some with capital while others without capital. Starting a business with a budget of 100 thousand naira in Northern Nigeria is a very lucrative thing to do. With the current economic hiatus in the country, there are still businesses to start with 100k in northern Nigeria.

There are a lot of lucrative businesses and also profitable businesses to start with 100 thousand naira in Northern Nigeria. If you have been wondering what these best businesses to start with 100 thousand naira are, then think no further, they include…

Businesses to Start With 100k In Northern Nigeria

1. Clothes Business

Most Nigerians want to look good, I mean who doesn’t right? Everyone wants to wear the latest outfit on a cheap budget, that’s where all these thrift otherwise known as Okrika or what hausas would like to call gwonjo clothes come in. Most Nigerians buy fairly used products like clothes in Nigeria. So why not have a start-up capital of 100 thousand naira to help you start this profitable business.

Nigeria is a very large market in terms of any business and Northern Nigeria is the largest region with even large states and populations,  we are a large consumer, so why not exploit this opportunity, have a start-up capital of 100 thousand naira, and then you are good to go.

2. Laundry Business

The laundry business does not entail much to start. We are now in an era where people go to office jobs every day and every time even in the Northern part of Nigeria, and these working-class people have little to less time for themselves talk more of having to do their laundry.

This is where, people like you, who are looking for businesses to start with 100 thousand naira in Northern Nigeria come in. All you would need your start-up capital of 100 thousand naira to get you for this business is

  • A bucket
  • Stable water supply
  • Light bills
  • An iron
  • An ironing board
  • Detergents

These are simple equipment to get for your laundry business since you are starting with 100 thousand naira.

3. Mini Importation Business

As the name implies ‘mini’ means small, you don’t need to import big products like cars, electrical appliances, and all. This is when you import a small volume of goods from a manufacturing country like China to Nigeria or from Chad and Niger to Kano because they share boarders with Kano at a minimum cost and maximum profit.

All you need to do is go to websites like Alibaba and then look for cheap products in China or any cheap country and then you purchase them and then pay for shipments and wait for your goods. Most of you may think that this is a very big business that requires a lot of money, but it does not, all you need is a start-up capital of 100 thousand naira and where to purchase your goods from. It’s one of the profitable businesses to start with 100k in Northern Nigeria.

4. Daycare Services

If you are a lover of kids and want to train children, then this business is a profitable business to start with 100 thousand naira.

With a small apartment that could be yours, or a small building you could be renting, you can get toys and then start up a daycare service. It doesn’t have to be a big place before you know it is a good enough place for daycare.

There are a lot of working-class mothers these days even in the north, and staying home or looking for a nanny to take care of their kids is a very worrisome deal for most mothers. Most working-class mothers rely heavily on daycare services, they don’t mind paying extra, the most important thing is that their kids are in the hands of a registered daycare.

5. Interior Decoration

This business is not capital intensive, but it is a business you can start with 100 thousand naira and it will become a profitable business as you grow in this business.

When starting, start small to grow and become a big interior décor business. To pitch your business, ask people who are moving to new places if you could design their homes for them. Do a good job and you’re good to go.

This business is good and it can even be a side hustle for you if you are also into other businesses.

6. The Food Business

Everyone loves food, but not everyone can prepare their favorite dish or even have time to make a meal for themselves, this is where the food business comes in.

You can start a food business with as low as 100 thousand naira in the North and will be sure it will grow rapidly over time. You can pitch your food business in areas and states like Kano, Sokoto, PLATEAU, Kaduna, Abuja amongst others. These are states in Northern Nigeria that are highly populated and have a lot of working-class people, you can use this to your advantage, and you’re on your way to growing a food restaurant.

The food business in Northern Nigeria is growing rapidly because Nigeria has a lot of diverse cultures who in turn have their dishes and people come out to prepare these dishes and sell them, you too can pick a dish you like and start preparing to make a profit from it.

You can start this business with 100 thousand naira, and use this start-up capital to buy equipment like…

  • Gas
  • Spices
  • Plates
  • Foodstuff like rice, yam, beans, vegetables, etc.
  • Pots, pans, and cooking utensils

These are some of the equipment needed to start up a food business in Northern Nigeria and this return business will yield good returns.

7. Hair Dressing

A lot of people think this is just a gender skill and it doesn’t apply to the North, but in fact, it consists of both genders, and I have a friend who is into this hair dressing business in the North and she is doing very well. Hairdressing is a very profitable business to start with 100 thousand naira in Nigeria especially in the North.

It is very lucrative and gets you a lot of customers if you know how to do your job well. Hairdressing is a skill that everyone can learn and one of the businesses you can start with 100k in Northern Nigeria. All you need to start a hairdressing business are…

  • Hair combs
  • Shampoo and conditioner
  • Hairdryers
  • Hair creams and other hair products
  • Mirror
  • Table and chairs
  • Hair extensions
  • Heater

All these and even more are equipment you can buy with your start-up capital of 100 thousand naira at a cheaper rate. All you need to start this business is a start-up capital of 100 thousand naira and also a business plan. Once you have these, you are on your way to becoming a successful hairdresser.

8. Barbeque Business

Most Nigerians are not vegans so this can work to your advantage. Meat is a very lucrative business to start and 100 thousand naira is good start-up capital.

Beef is one of the cheapest meat to purchase especially in the North, you can purchase beef with a sum of 20, 000 thousand naira and it will be enough to start a barbeque business. Northern Nigeria has a lot of cows and this barbeque business can be something you can start up with less than 100 thousand naira and it is one of those businesses that can be grown into a franchise over time.

A lot of people who started with barbeque and fish grill businesses have made a fortune for themselves and are moving rapidly to grow other branches for their businesses in other states asides in the North, some of the equipment your 100 thousand naira start-up capital can get you to include…

  • Barbeque machine
  • Grilling machine
  • Charcoals or firewoods
  • A large chunk of beef
  • Spices
  • Soy sauce
  • Cooking oil
  • Vegetables, like cabbage and cucumber

This barbeque business is one of the best businesses to start with 100 thousand naira in Northern Nigeria because the return is worth the start and also asides you growing your business with your start-up capital of 100 thousand naira, it’s lucrative and most northerners are diving into this opportunity.

9. A Fruit Business

You can start a fruit business with 100 thousand naira, and the good thing about this business is that it’s a very affordable and profitable business no matter how bad the economy is, especially in the North.

Everyone loves fruits, even though we humans have a preference on which fruits we prefer. To start this business, you can purchase at a cheaper rate from some online foodstuff companies that are very reliable and efficient. I mean, this business is one of the best businesses to start with 100k in northern Nigeria because your profits will be so much.

10. Car Wash Business

While this may seem very awkward to some, it is very lucrative and it doesn’t even need a lot of start-up capital for it to kick up. You can start with 100 thousand naira, and you can use this money to get equipment like car wash soap, buckets, payment for a good water supply, a rented area amongst others.

This business is very good and you get paid at least 500 naira on each car you wash, so just imagine how much you get paid in a week! And then a month! And then a year! In this business, you will get to understand that you can gain more than you put into the business when you started. I don’t know about others, but this is one of the businesses I would love to venture into as time goes on, even if it means having a car wash company, it is still a win and the profit and experience are huge.

11. Agricultural Business

This business is a very lucrative but strategic and tactful one. You have to have basic knowledge of the area you want to explore. This means that in whatever field of agriculture you want to venture into, be it crop farming, livestock farming, or even cattle rearing, you have to understand the field.

For instance, if you are venturing into crop farming, you should know how long it takes to grow cereals like rice or legumes like beans or tubers like yam, cassava, or even vegetables like carrot, cucumbers, cabbage, etc. all these agricultural edibles need to be studied and how long they grow and how they should be preserved. The same goes for livestock and cattle rearing farming, you have to know the animals and how they breed, and also, their lifestyle.

Once you have mastered all these, then you are on your way to being a successful agricultural entrepreneur.

12. Poultry Farming

This includes the rearing of chickens and it’s a good business to start with 100 thousand naira. You can open up a small space for poultry, even if it is at the back of your house, and start rearing your chickens.

You can purchase chicks at a cheaper rate at 2000 thousand naira on each and you can feed these chicks until they become mature chickens before you start selling them. By doing this, you are utilizing your start-up capital of 100 thousand naira and investing it in your poultry farm.

I know some people who are into this business and also turkey farming and they are doing very well. Most of them buy their chickens and turkeys young and then feed them healthy meals and when they are all grown, they sell them. Just reading this, you will see that poultry farming is one of the best businesses to start with 100k in northern Nigeria.

13. Skin-Care Business

Everyone wants their skin to look nice and all sparkly but we have very few skin-care businesses that do justice to healthy skin.

This can be your niche if you are a business person and you want to invest your 100 thousand naira into something that will yield profits over time. You can start this skin-care business by asking people around you about problems they are having with their skins and how they want these problems solved, then you can research healthy products that can help tackle these problems, and then you can use your 100 thousand naira to start up a skin-care business.

This makes entrepreneurship easy when you have a problem and you are trying to solve it. Once you see yourself solving these problems, you will realize that skin-care businesses are part of good businesses to start with 100 thousand naira in Nigeria.

14. Hair-Care Product

Most people do not value their hair, and that is very sad. Im very skeptical about my hair because it is natural hair and we all know that the afro is kinky and very hard to maintain, so you can imagine the number of hair products needed to make the hair soft. So it is very annoying when I go to the supermarket to purchase hair products and I realize that there are fewer companies that manufacture hair products needed for natural hair and most times these products are all sold out!

I encourage us, who are into hair maintenance to start a hair-care business. it doesn’t have to be a full-blown business, but it can be something you can start with, maybe say 100 thousand naira and see what works. If it works for you and it works for some other people with the same type of your hair then be sure that I will be a customer.

Most companies that manufacture hair products fail to realize that there are different types of hair ranging from 1A-4C hair( 4A, 4B, and 4C hair are usually afros) and they only pay attention to 1A-1C, 2A-2C hairs because they are easier to maintain. You can exploit this opportunity and make products that include both 1A down to 4C hair, and believe if you do not know your business will grow rapidly, I just literally gave you a very good business tip to start a hair-care business with 100 thousand naira.

15. Photocopying and Passport Business

To be honest, this business is underrated. I know someone who started this business with 50 thousand naira and she is reaping her reward.

These days every document needs a passport to look all formal and all and this is where a passport business comes in. you can start with 100 thousand naira and buy equipment like…

  • Photocopying machine
  • Camera
  • Packs of A4 papers
  • Ink
  • Pens and books
  • Binders
  • Scanner

I’m sure you may be thinking these things are way over a budget of 100 thousand naira, but it is not. You can get all this equipment at a cheaper rate and quality ones at that.

Students and even professional workers all need one or a million documents to be photocopied so why not pitch your business in these areas. All you need are the equipment listed above and maybe more and also have some knowledge of photography.

16. Palm Oil Business

I’m very sure that this would not have been one of your top 50 businesses to start, but it is a good business, and people selling raw foodstuff are very much making a lot of profit from this business even in the North! Did you know that Northern Nigeria sells one of the best and cheapest palm oil?

A large keg of palm oil is going for about 28 thousand naira and in the North it can go for cheaper, so if you start with 100 thousand naira in this business, you will get at least 3 large kegs of palm oil, and selling this into smaller bottles will be very profitable. After all, now a small bottle of palm oil is going for 8 hundred naira which is quite much but to you the seller it is profitable because you can use this to restock your market.

This is a very profitable business to start with 100 thousand naira in Nigeria, so why not keep pride, procrastination, and laziness aside and save up 100 thousand naira and start this business.

17. Perfume Oils and Fragrance Sales

I have this very good friend of mine who is into this business and she started with her saving of less than 100 thousand naira and today she can restock her market and sell wonderful and nice perfumes.

I mean, this business sometimes can take time to grow, but everyone wants to smell nice and look good at a cheaper rate, so why not start with at most 100 thousand naira and with consistency, see where it leads you.

18. Data and Recharge Card Selling

Did you know that with the right data plug, you can get 1GB of data at just 300 naira? I mean this may sound very delusional but it is true and I can testify to that myself.

I have these friends who are into the data and airtime business and they didn’t need to start with 100 thousand naira, all they had to do was register to a platform/small company that sells data and airtime at cheaper rates and they became their agents and today one of them has her own online data business. With this knowledge, you will see that you can sell your data product online and you will also see that this business is very profitable you can be sure to sell your data and airtime because people are mostly online and also need airtime to call.

19. Affiliate Marketing

With affiliate marketing, all you need is a platform where you can display or sell goods. You don’t need to have an inventory or shop. This business is one of the best businesses to start with at least 100k in northern Nigeria.

All you need to do is have enough internet access and also have a company that you market for and that pays you on each sale you make, I mean this is how affiliate marketing works.

This has helped me a lot because im also this affiliate marketing of a thing and I am doing well if o say so myself. All I need to do is have a good audience that wants to buy what I’m marketing and then I get my cut (not a certain percentage) on each sale I make. This is also linked with digital marketing because I also post what I market on social media and these days people are online very often so I’m always sure to find my buyers on the internet. This is a very affordable business to start with little income.

20. Content Writer

If you are passionate about writing, this is for you. You need; a phone, an internet subscription, and great knowledge of content writing.

You can apply for writing jobs in companies that deal with content writing and there you will see that you don’t need much to write. Or if you are looking to open a content writing company as a content writer then it also isn’t a bad idea to start with at least 100 thousand naira. All you need is a good website that can be done at a cheap rate, one or two skilled editors, and a little partnering and sponsors and you are good to go.

This business is very tactful but it is one of those businesses to start with 100k in northern Nigeria.

21. Digital Marketing Expert

This is cost-effective and efficient marketing for businesses with a small budget of say, 100 thousand naira. All you need to do here is to have the knowledge of digital marketing and how it works and then you are good to go.

You as a digital marketing expert don’t need much to start; all you need is a very stable internet subscription, phone, laptop, and a conducive place to work. Once you have all these, with consistency, hard work, and honesty, you will be on your way to marketing Tesla for Elon Musk!

22. Photography

This kind of business deals more with skills than anything else. All you need is a good camera, good lights and a good laptop for editing.

I have this friend that is into photography and he told me that he uses stock photos that relate to his niche of photography to get customers and it is working well for him because he has the knowledge and skillset in photography. This business is very lucrative because a lot of people love taking pictures, be it for weddings, modeling a clothing or skin-care line, or anything else, photographers are needed so why not venture into this business and let it complete your happiness.

23. Egg Retailing/Supply

Eggs are so much in this country that you can start an egg business. a crate of an egg is going for 2 thousand naira, so if you are starting an egg business with 100 thousand naira, you will be purchasing at least 40 crates of eggs, if not more and if you are selling, you can add your profit on it.

This business is very lucrative although it may seem weird. It is a profitable business to start with good capital and then watch it flourish over time.

24. Sales of Original Honey

You have to source original honey before you can start this kind of business. Honey is used very essentially by us humans because we use this honey for literally anything, things like hair, skin, small ailments amongst others. So why not start with a sum of 100 thousand naira and see where this business takes you.

This business is low-key to a profitable business you can start with 100 thousand naira in Nigeria, the returns and journey will be sweet, as your product!

25. Cement Sales Distribution

You may be thinking that this is a ridiculous business to start with 100 thousand naira, but this business is very profitable, sys one of my friends is into this business and sells at least 100 bags of cement in a week.

A bag of cement depending on the company manufacturer varies but its around the price range of 3000-5000 naira per bag, and this is good because you can start with 100 thousand naira and pitch your business in locations where a lot of building and construction are done and then, you are good to go on making enough profits.

Conclusion

There are a million businesses to start with 100k in northern Nigeria and these businesses are all set out to be profitable and successful by default setting it all depends on how you handle your business.

Businesses generally need to be treated like babies; they always need the attention and therefore need extra hands and equipment. If you’re looking to start a business with 100 thousand naira, look for your niche because there are a lot of businesses to venture into in Nigeria.


FAQs

Are there a lot of businesses to start with 100 thousand Naira?

Yes, there are a lot of businesses to start with 100 thousand naira in Nigeria.

What business can I start with 100 thousand Naira?

You can start businesses like painting business, drawing business, photography, cement business, food business, among others.

What can I invest my 100 thousand Naira in?

Phone charging business, food vendor business, palm oil retailing, car business amongst others.

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