FASTEST MOVING BUSINESSES YOU CAN DO IN NIGERIA.

Researching and understanding the type of business that thrives in your locality is necessary for your success. While producing a great product is important to succeed in any business you are doing, your location is equally important. Your location determines how far you will go in your sales. 

This article will expose you to different fast moving businesses in Nigeria that you can invest in. 

This article is not meant to give you a comprehensive breakdown of a particular business. Ensure to research more about any business you decide to go into. 

Lets proceed.

CASSAVA FARMING

This is one of the fastest moving businesses in Nigeria because different products made from cassava such as garri, fufu, pap e.t.c are popularly consumed in Nigeria. not only is it a lucrative business in Nigeria but it's  equally one of the most profitable businesses you can invest in.

POULTRY FARMING

When done right, this business can generate alot of money for you. Although it requires commitment to run it but your efforts and commitments will be worth it.
Chicken meat, Turkey meat and others are popular eaten among Nigerians, especially during festive seasons. Also, people prefer using these meats because of their availability and price unlike other meats.

SNAIL FARMING

I know some people that are doing very well in this line of business. Many Nigerians replace meat with snail in their diets and delicacies. One reason why snail business is a fast moving business in Nigeria is because it's an untapped line of business. This business isn't saturated. Few people that are involved in it are making good money. Also, You can start this business with a very low capital.

FOOD BUSINESSES

Food business can't be excluded from this list because people will always eat. Not only is food business a fast moving business in Nigeria but it's equally a daily income business in Nigeria. You will always have loyal customers provided your food is delicious and you have great customer service.

SOME FACTORS THAT DETERMINE THE SUCCESS OF YOUR FOOD BUSINESS ARE:

• Finding an excellent location where customers can easily access you.
• Acquiring the right skills and personnel
• Daily availablilty.

HERE ARE AVAILABLE OPPORTUNITIES IN THE FOOD BUSINESS:

FRANCHISE

This is a process of buying a name of an already successful brand and operating like the brand. All you need to do is get a good location for your business, once your franchise application is approved, you can begin your operation. 

This is a nice concept because Nigerians are always loyal to big brands.

LOCAL RESTAURANT

You may want to open a local restaurant where you can serve a particular line of food or varieties of food. All you should know is that understanding your environment is essential in this line of business. know the favourite food for your customers and have a good customer service.


FOREIGN AND INTERCONTINENTAL RESTAURANT

Dealing on foreign dishes is another great way to go. Foreigners will pay any amount to enjoy their native food and you won't have many competitors. Foreigners are coming into the country on a daily basis for business and most of them are high worth individuals and celebrities. Attracting these type of individuals will not only earn you money daily but you will earn good money too.

Your restaurant can be a Chinese Restaurant, Italian restaurant, Indian restaurant, etc. If you do not know how to begin, you can learn these dishes or partner with someone who has had enough knowledge and experience of it. When done right, you won't worry about your business growth.

FOOD SUPPLY BUSINESS

This is another great business that you can venture into. Different businesses are looking for someone who is willing to be supplying food to them.

You can supply food to businesses, conferences, seminars, schools, events and homes. You just need to know your job well, even if you can't cook personally, you can learn or employ someone who does. You also need to have a business plan on how to get and serve your customers. 

REAL ESTATE BUSINESS

So long as shelter is a necessity, real estate business will continue to grow in Nigeria and in other parts of the world. Real estate is one of the most lucrative businesses in the world and another good thing about this business investment is that you hardly lose money in it.
As population of Nigeria increases, real estate business will continue to boom. 

you can work as an agent: When working as an agent, you will help people find properties or apartments after which you charge them a fee or commission. It can also work the other way around where you help landlords find buyers for a fee.

Another way to get involved in real estate is by investing in lands so you can develop them to sell later. 

You can equally register with a real estate company where you would connect a buyer to the company. As the person purchases either house or land from the company, you earn  commission. 

FURNITURE BUSINESS

The market for furniture in Nigeria is huge. This makes it one of the fastest moving businesses in Nigeria. People will always use furniture to sit in the sitting room, sleep in the bedroom, or in the kitchen. 

You can start a carpentry shop where you make well-polished furniture for various purposes. You can supply furniture to showrooms, companies, schools or individuals.

If you are not interested in starting a carpentry shop, you can source for good furniture and open a showroom where you display this furniture to sell.

COSMETICS PRODUCTION BUSINESS

If you are passionate about this line of business you will make alot of money because the cosmetics industry is fast growing. You may decide to go into either  makeup products, skincare or hair care. Depending on your capital, you can go for all cosmetics lines

If you love beauty and fashion, then you should consider going into the cosmetics business. However, you must be willing to do some research or even get trained before you go into this business. 

Whether you want to go into production or just sales of these products, there is still a need for adequate research. As time goes on, you will also need to learn new things about the cosmetics industry that will keep you innovative and forward-thinking in the industry. Your income will be in direct proportion to your level of understanding the business.

OIL AND GAS BUSINESS

Oil and gas are among the most used Products in the world. Everyone uses these products in one way or the other
It is such a global product, that is why it's among the list of fast-moving businesses in Nigeria. 

Oil and gas is among the most lucrative businesses in Nigeria and many people are going into it.

benefits of these products include cooking, households depend on gas or kerosene to cook. 

People need petrol to move around in private cars or public vehicles. People also rely on petrol to power their generators because of the poor electricity supply in Nigeria. 

Almost all sectors of the economy rely on oil and gas. What is good about this is that Nigeria is blessed with an abundance of it. Anyone who taps into this business will be making huge profits. 

Also, like every other businesses, you must learn the ropes and be willing to do everything necessary to succeed in the business. Getting ideas from someone or people that are already successful in the business is equally a great way to go.

BELOW ARE OPPORTUNITIES AVAILABLE IN THE OIL AND GAS SECTOR

DISTRIBUTION

This sector requires a huge capital. Oil and gas distributors are the people who import oil and gas and distribute it across the country. 

PETROL STATION

This is another fastest moving sector that you may want to venture into. Ensure you get a good contractor that knows all the factors responsible for a lucrative petrol station.

With a few millions of naira, you can start this business. There are so many cars in Nigeria so you can be sure to never run out of customers. You will also be patronized by homes that need petrol for their generators.

COOKING GAS BUSINESS

As development is gradually entering different parts of Nigeria, many Nigerians are gradually changing their method of cooking from firewood, to kerosene stove, to cooking gas. 
You can look into a cooking gas business. Many people are discovering recently how lucrative this sector is. 

You can be involved in it by supplying cooking gas to retailers. Another route is becoming a retailer yourself and refilling gas for consumers. The cooking gas business also does not require much capital. You can start small and grow bigger. 

KEROSENE BUSINESS

You can go into kerosene business because
Many Nigerians still depend on kerosene to cook. Even those who have cooking gas still have stoves as a backup plan. 


OIL AND GAS TRANSPORTATION

You can get in the business of transporting oil and gas products. All you need to do is purchase tankers that will be used in lifting petroleum products. There is also the option of fleet management where you use ships to transport oil and gas products.

These are some business opportunities in oil and gas business. Oil and gas remains one of the most lucrative businesses in Nigeria and you can be sure to turn in huge profits if you run any of these businesses well.

AGRICULTURE BUSINESSES

Agriculture is one of the fastest-growing businesses in Nigeria. Agriculture is about the cultivation of crops and raring of animals for human use. This therefore means that As long as human exists in Nigeria, agriculture business will continue to thrive. 

This makes it a smart business to begin in Nigeria. If you want to go into the agriculture business and need capital, there are many loans or financing options available for agriculture entrepreneurs. These loans are mostly provided for by the Federal Government through its ministries such as the Ministry of Finance, Central Bank and Ministry of Agriculture.
There is huge profit awaiting anyone who ventures into Agriculture business in Nigeria.

SOME OPPORTUNITIES IN AGRICULTURE BUSINESS:

CATTLE FARMING
Nigerians love meat and there's a high demand for it as the population grows. Going into this line is a sure way of getting high returns. Cattle farming is among the simplest form of farming in Nigeria.
Beef (cow meat) is a very popular meat in Nigeria. Cow milk is another treasured commodity in Nigeria. These make cattle farming one of the fastest moving businesses you will find in Nigeria. 

PALM OIL BUSINESS

Apart from using palm oil to cook, Palm oil is used in producing many products that you maybe unaware of. E.g cosmetic products such as body creams, soaps both bathing and washing have palm oil in them. Many companies that use palm oil in manufacturing other products import it from Nigeria. If you venture into the palm oil business, you will get customers from within and outside Nigeria. Ensure to have a good business plan before venturing into this line of business.

HOTEL BUSINESS

The hotel business is another lucrative business in Nigeria. Nigeria is a large country and people have to move from one place to the other for business or recreational purposes. 

These ones will always need hotels to lodge in during their stay. To succeed in the hotel business, it is best you look for a less competitive environment so you can easily thrive. If you find yourself in a highly competitive environment, then offer better or cheaper services. In addition to the hotel business, you can have a bar, restaurant or event hall.

TRANSPORTATION BUSINESS

people are always moving from one place to the other for business or recreational purposes. This makes transportation one of the most lucrative businesses in Nigeria. 

In the transportation business, you can start with small or big capital. You can begin with an already established transport company such as Uber, for extra income. You can then save up to get buses or keke-napep for public transportation. Transport business has it's ups and downs but ensure to succeed at it no matter what

SOCIAL MEDIA MARKETING

People spend more time these days Online than offline this means that the money is gradually moving Online. If you position yourself on different social media platforms you can make huge amount of money on a daily basis.

Social media marketing is all about using social media to find leads for businesses. The good thing about social media marketing is that you can work independently and help businesses or you can sell a product via social media. All you need to start this business is an internet enabled device and your time.

FASHION BUSINESS

Nigerians love fashion and dressing up to occasions. Hence, there is no way the fashion business will not make it to the list of the most lucrative and fastest moving businesses in Nigeria. More so, people will always wear clothes, to work, school, and religious places of worship. You can learn to make clothes yourself or employ those who would sew for you.

You can also decide to open a boutique and sell fashion items such as shoes, clothes, bags and other accessories.

DRY CLEANING BUSINESS

The dry cleaning business is very lucrative, especially in the city. This is because many people are too busy to attend to their laundry needs. These ones will rather pay someone to do it for them. In this business, you will always have customers if you are in the right location.

PURE WATER BUSINESS

Water is another commodity that humans cannot do without. Not to mention the hot weather in Nigeria, which makes pure water always in demand. You can either open a pure water factory or you can be a distributor. 

This is a list of fast-moving businesses that you should consider in Nigeria. 

On a side note: The level of your growth in any business is equally based on how you see yourself and the business. Remain optimistic in your business even if you are yet to be successful in it. Collect more knowledge about your business and be persistent. In the end the vision you have about your business will materialize.