Lucrative business that turn your financial status around
This is probably the coolest money-making opportunity in Nigeria with guaranteed success. Invest in a small-scale hotel of just 10 suites and watch your money flow in duplicates. This has nothing to do with the tourism boom of any kind; it is simply connected to the fact that Nigerians are jolly people who love luxury and comfort. Also, expatriates in Nigerian prefer to live in hotels than an actual house, so you see, there can never be enough hotels in a city.
Investing in Property
Being a landlord in Nigeria is a serious business because properties appreciate every day. Right now, Nigeria is one the countries in Africa where landed properties are most expensive. If you buy a plot of land now anywhere in the country, you are sure to make 100% profit within two years. You can buy, resell immediately, and make a profit, or buy and sell later. You can also become an estate manager and get a percentage for every house rented out.
Despite the hardship that may loom in Nigeria, people just love to look good. You can therefore, cash in on this and start a boutique business. You will need to determine where the things you want to deal in would be sourced from.
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