How to Export Palm Oil from Nigeria

Palm oil is edible oil used in the preparation of many dishes. It is common to West African countries, derived from kernel. The major producers of the oil are Indonesia, Malaysia and Nigeria accounting for 40% of world’s production. To export palm oil you need to establish contact with foreign buyers. Commodity export is very lucrative business with moderate challenges. You need finance, supply of the product, buyers, export license. The...

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How to Start an Electronic Store in Nigeria

The electronic store is an important business and size depends on the amount invested. The inventory differs based on the store owner’s preferences. A small store could cost N250, 000, while mid range ventures N1.5 million. Large stores with lots of inventory could cost over N10 M naira. The first step is to write a comprehensive business plan, carry out a feasibility study. Then learn the trade and secure credible suppliers. You need a good...

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How to Become Vulcanizer in Nigeria

The vulcanizing business is highly lucrative and easy to establish. You need low startup capital, basic knowledge of the trade, equipment, good location. The reason why the trade is so lucrative is because of the millions of vehicles on Nigerian roads. Most vehicles are either used or second hand vehicle imported into the country. Other reasons include bad roads, substandard tyres and poor maintenance culture. The average motorist would rather...

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How to invest in Real Estate in Nigeria

Are you looking for a viable investment opportunity? Then you should consider real estate business. The business is profitable but involves huge capital investment. You gain appreciable increase in profit over duration of time. In most countries the sector offers different opportunities dependent on the type of investment. Here are different ways to invest in real estate. Challenges Faced in the Real Estate Sector Despite the huge earning...

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Starting a Fast Food Restaurant in Nigeria

The restaurant business is challenging but rewarding. They tend to cater to peoples culinary needs in a pleasant leisure atmosphere.  An average outfit provides sumptuous snacks, drinks and fostering social interactions. The popularity of the business in Nigeria is because of few entertainments or leisure locations in the country. Other reasons include huge population, quick meals, affordability. Some restaurants include full meals in their...

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How to Become a Dance Instructor

A dance teacher’s main constituency is schools and private individuals. They can operate a private dance studio or offer schools special dance programs. They teach foundation movements, dance techniques and choreography. The business involves deep knowledge of dance, education and stamina. The career is rewarding and moderately challenging. To succeed you need to maintain a good professional image and build a solid reputation. Here are things...

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How to Grow and Market Edible Mushrooms in Nigeria

Nigeria has perfect weather for mushroom growing and they attract good prices. Despite a huge population of over 150 million people Nigerians hardly eat edible mushrooms. There are few mushroom farmers and moderate consumer market. Those that embrace mushroom farming are making good money. This is because of little competition. The major advantage to this business is low startup capital and space requirement. You can start the business at your...

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Starting a Call Center Business

Starting a call center is moderately challenging and profitable. You can work full time or part time depending on your business structure. It is practicable as a one man business or large agency. Some things to consider are type of equipment, staff, location, license and funding. You also need to connect with companies that need your services. You can start a call center with $2000 to $10,000. How to Start a Call Center agency Write a Business...

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