Daily income businesses in Nigeria are becoming the norm with the dearth of white-collar jobs in the economy. Many young graduates keep applying for jobs with their hopes getting dashed daily. If you have a knack for being an entrepreneur, then you might consider engaging in a daily income business in Nigeria.
Do you know that you can invest in a business and make money every day? Just so you know, not every business out there brings in daily income. The question that begs an answer at this point is, “What are the top daily income businesses in Nigeria?” Continue reading this post to find out our top ten.
Top 10 Daily Income Businesses in Nigeria
A daily income business allows the entrepreneur to earn money every day. The good news is that daily income businesses are not restricted to opening physical ventures alone. With the internet, you can run a business online and make money daily. To this end, we have split our daily income businesses into two categories, online, and offline daily income businesses in Nigeria.
Offline Daily Income Businesses in Nigeria
Offline daily income businesses in Nigeria don’t require you to use the internet for your business operations. These businesses are physical and may require you to own a shop. Here are our top offline daily income businesses in Nigeria:
This is one of the fastest-growing businesses in this part of the world. Despite the state of the economy, the number of car owners is on the rise. Many car owners don’t have the time to wash their cars daily. You can take advantage of this opportunity by setting up a car wash at a vantage spot in your area. All you need include:
Brushes and sponges.
Car vacuum cleaners.
With an investment of between N30000 and N50000, you can set this business up. If you wash a car for between N500 and N1000 and you wash about ten cars every day, you can make between N5000 and N10000 daily.
The laundry business is another one that is thriving in Nigeria currently. Many people working in white-collar offices don’t have the time to do their laundry. After working long hours during the week, they want to relax during the weekend. You can set up a small laundry business in your area and reach out to these individuals. Some of the materials and equipment you need include:
Soaps and detergents.
Lines for spreading clothes.
Buckets and basins.
With all of this in place, you can make daily income from this business. the amount of money you make depends on your ability to market your brand and the speed of your delivery.
POS points have become very popular in Nigeria since the coronavirus lockdown. People are more convenient with visiting POS agents to withdraw or deposit money. You can take advantage of this business to make money from helping people make their banking processes easier. A POS agent makes money from the charges they place on each transaction. All you need for this business is a POS machine and a kiosk or shop in an area with a lot of human traffic.
Phones and phone accessories
Mobile phones have become a major part of our lives. Do you know that there are more than 170 million phone users in Nigeria? This means that you can make money from selling mobile phones and their accessories. In addition, you can sell accessories for other gadgets and electronic devices. You will need a shop and generator to start this business.
Real estate agency
This is arguably one of the fastest-growing businesses in Nigeria today. The good news is that you don’t need to develop any properties to engage in the real estate business. All you need to do is find out the available properties in your location and market them to people who need these properties for a commission. You don’t need capital to start this business.
Online Daily Income Businesses in Nigeria
As you would have guessed, online daily income businesses are internet-based businesses that yield daily income. Here are our top picks that you can engage in:
This business is highly lucrative and is becoming very popular. It requires selling products or services on behalf of companies and making money from the commission on each sale. You simply need to register with the company, start selling the products or services, and you can begin making money.
Are you skilled in conjuring articles? You can start a freelance writing business and earn daily from crafting articles. This business doesn’t require any capital except a laptop, smartphone, and internet connection. You can sign up on freelance websites or source jobs from social media platforms.
Social media management
Social media has become a major aspect of human existence. Most people can hardly do without visiting social media every few minutes. Interestingly, some big brands and celebrities don’t have the time to manage their social media handles. If you are good with social media, you can seize this opportunity and apply to manage the social media handles of such brands and individuals. You can make a lot of money daily from this endeavor.
Are you gifted with making graphic designs? You can turn this gift into a money-making venture. Many businesses are in search of individuals to handle their graphic design tasks. They are willing to pay huge amounts for high-quality graphic design and you can take advantage of this opportunity. All you need is your laptop or smartphone and you are good to go.
Cryptocurrency is the new rave of the moment. You can easily become a millionaire from cryptocurrency trading. Of course, you have to learn the ropes before investing in this venture. Once you acquire the necessary training, you can invest some money, and gradually begin to trade to earn more cryptocurrency.
There you have it for our top 10 daily income businesses in Nigeria. We have shown you both online and offline daily income businesses that you can engage in. Did we leave any out? Kindly drop them in the comments section below.