Businesses That Bring Daily Income

Adaeze UC
Adaeze UC
27 Min Read
Businesses That Bring Daily Income
Businesses That Bring Daily Income
Businesses That Bring Daily Income

Businesses That Bring Daily Income – I bring to you 31 proven daily income business in Nigeria that could make you so much money.

Are you sick of waking up at 8 a.m. to rush to work and then closing at 5 p.m. with no extra money?

Are you looking for a business idea? 

This article is about starting a small business that might grow into something big. It’s to help you understand how to create a business that you can grow slowly while earning a side income if you want.

1. PROFESSIONAL CAR WASH 

This is a profitable business that can earn you money on a regular basis. It’s called car washing. It is simple and inexpensive to put up.

Many car owners nowadays find washing their own automobiles time-consuming and exhausting, so they opt to get it washed at a car wash to save time and energy.

 It’s possible to have at least five or more cars to wash in a day, each at a cost of N700 – N1,000. 

All you need to get started is a bucket, hoses, brushes, vacuum cleaners, dashboard spray, clothes, sponges, and other supplies.

2. BARBERSHOP 

Every male in Nigeria pays a visit to a barbershop almost every week, either to have his beard shaved or hair cut at the rate of N300 or N1000 for services rendered, depending on the location.

Not only do men go to the barbershop, women also visit the barbershop to either have their hair dye or trimmed.

Starting a barbershop is one of the best daily income businesses in Nigeria. More so, setting up the business is not hard, as it can be set up with as low as N500,000, and the good news also is that it has a ready market.

To start up a decent and moderate salon you need to put the following into consideration;

– Rent a shop at a location where you have a high population, it is always advisable to consider residential areas where the shop can easily be assessed by the residents.

– It has to be well furnished to provide comfort to customers, with wall mirrors, television, sound, good ventilation, rotational chairs, and waiting for chairs.

– Equipment such as clippers, powder, a UV light for killing germs and infections from clippers, relaxers, hair dye, towel warmers, cover clothes, gloves, etc.

– A generator should always be handy in case of a power outage.You can also buy extra products for sale, products like clippers, blades, brushes, aftershaves, etc.

3. LAUNDRY AND DRY CLEANING SERVICES 

No doubt, a laundry service business can make you money on a daily basis.  

The costs here go towards renting an office, purchasing a generator, washing machines, and other accessories. If you really want to save costs, you can simply use your home as an office.

To set up a laundry and dry cleaning shop you need the following:

– Washing machine.

– Pressing Iron and Ironing board

– Buckets and water storage tanks to stop some water, so as to ensure that there is no interruption in operations in case of public water supply outages.

– Packaging bags for packaging ironed clothes.

 

4. START A POS PAYMENTS SERVICES 

This is another business that gives daily income. 

At locations where there are no banks or the ATM points are very few, the POS business comes in handy, as you can carry out e-payment for people who cannot go to the bank because of the long queue or limited ATM point.

You can charge from N100 and above depending on the amount being withdrawn or transferred.  All you need is just a small shop or kiosk, a POS machine.

5. FOOTBALL VIEWING CENTRES 

The majority of Nigerian  youths are football fans, and most matches are held on weekends, so picture how much money you could make by opening a football watching centre where fans can come see their favourite teams play.

A space, two to five large television sets, a generator, chairs, and a DSTV premium subscription are all you need.

You can charge N100 or N200 depending on where you are. Consider having a location that can accommodate up to 100 people and more for N100 per weekend or more.

6. BETTING SHOP 

Starting a betting shop is also one of the trending daily income businesses in Nigeria that can fetch you reasonable income.

You can start up with as low N50, 000 daily and as low as N500,000 or more monthly, knowing that many Nigerians who don’t have access to smartphones love betting, opening a betting shop will give people the opportunity to come and bet and play virtual games among other sports.

7. MAKEUP STUDIO 

This is another daily income business in Nigeria. At the initial stage, you might not necessarily need a shop to begin.

You can just advertise your expertise on social media and you will be shocked at the number of calls you will receive.

You can simply enrol in a certificate program or even watch online videos on how to make people up and before you know it, you will become an expert in no time. In Nigeria, a makeup artist earns from N5,000 and above depending on the occasion and the type of makeup.

As the business expands you can now rent a shop, stock it up with the necessary equipment like ring light, wall mirror, professional make-up box, etc.

Before you know it you will be having an influx of client’s that you will need to start employing people to assist you in the business.

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8. FREELANCE WRITING 

This is one of the best daily income businesses in Nigeria anyone can venture into.

It is a less-capital-intensive business, and all that is required is great and professional writing skills to be able to write for sites.

Some freelance writers receive payment for the articles they write for as high as $50 to $2,000 depending on what you are writing on, and the site you write for. You just need a laptop or smartphone and data.

9. OKRIKA (OK) CLOTHES, BAGS AND SHOES BUSINESS 

If you observe intently you will realise that a very limited number of people patronise Okrika sellers due to their inability to afford the expensive clothes, bags and shoes.

You will always find a crowd of people where OK clothes, bags and shoes are sold, so why not put this up for consideration as it is cheap to start, and you can make money daily.

10. FOOD VENDOR (MAMA PUT)

The restaurant business is also one of the profitable daily income businesses in Nigeria to make money from.

It is very easy and cheap to start up. Imagine using N10,000 to cook a good pot of soup with garri included, and end up making extra N6,000 or more after-sales.

If cooking is your thing, you can give it a trial. 

11. PLANTAIN CHIPS BUSINESS 

Take a tour  around the street and you will find various brands of plantain chips on sale that are selling fast.

So if you can deal with manufacturing and shipping to retailers and distributors, you will be making good money every day.

What you need:

Large pan 

Small sealing machine Nylons 

Labels   

And other utensils. 

 You can make and deliver to shops and dealers and earn regular daily income.

12. PHONES, LAPTOPS AND ACCESSORIES SHOP 

Among the fastest-selling products in Nigeria are phones. We find people selling their old phones to buy new ones, including phone accessories like chargers, earphones, even laptops, etc.

Most of these electronic accessories can be purchased online through Ali express or Alibaba. And of course the more you buy from these online platforms, the lower the price and since these accessories are light in weight, shipping them down to Nigeria will not be much of a burden and the fee will not be high. 

Most of these accessories can be bought for as low as N500 from these international e-commerce websites and sold at higher prices.

13. REARING OF LAYERS FOR EGG PRODUCTION 

To set up poultry layers farms you need to purchase day-old chicks from an authentic hatchery or you can even go for layers that have already begun laying.

Poultry farming in Nigeria has become one of the most profitable ventures, not just for farmers, but for anyone who is willing to learn the business.

14. BAKERY BUSINESS 

As you must have been aware, the best product to deal with is the product that is in high demand in the market and bread happens to be one of such products.

A recent survey and research show that bread is among the ten most popular foods in the world. Bread makes a good gift in Nigeria. When people travel from one place to another, one common item that is bought and requested for is bread.

With these in mind, we can safely conclude that starting a bread bakery business in Nigeria and anywhere in the world is going to be a viable business.

15. TRANSPORTATION BUSINESS 

The transportation business is no doubt one of the most profitable daily income businesses in Nigeria.

Mobility is an essential part of human life, that is why you always find people moving from one place to another every day.

In a situation where there is no public transport to convey people to their different destination, you see that life becomes unbearable for those who don’t have their own means of mobility.

Imagine purchasing a bus or a small Toyota Corolla or Camry to be used for Uber business or town drop, you can imagine how much you stand to make daily.

An Uber driver or bus driver makes nothing less than N20,000 to N50,000 daily, so the transportation business is another business to venture into.

16. CATFISH FARMING

There are many kinds of fish growing in Nigeria, however, many people like catfish because its meat is juicy, soft and tasty. However, not everyone knows that this fish can be grown quite easily even at a small fish farm, you can even organise catfish farming at home.

There’s a very high demand for catfishes all year round. The demand is highest from football viewing centres, restaurants and market women who buy in bulk and sell in retail either as live catfishes or smoked catfish. Individuals also demand catfishes too for personal consumption. With catfish farming, you’ll never have any problem selling your products.

17. DATA RESELLING BUSINESS

Data reselling business is not a new business model. This business is the type that generally requires a small amount of money as capital, but a significant amount of profit.

Data Reselling is a business model in which an individual buys data bundles in bulk and resells to consumers in small quantities for a profit.

A data reseller is an individual who purchases data bundles from VTU platforms and telecommunication companies and sells to people at a higher price to make a profit.

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Nigeria has four major telecommunications companies which are Airtel, Glo, MTN, and Mobile9. However, MTN has the largest coverage in Nigeria due to the large number of internet users, especially youths who use their service.

MTN sells 1GB for ₦1,000 and 1.5Gb for ₦1,200. As a data reseller, you can get 1GB MTN data for as low as ₦450 and sell them for ₦600 or more. A data reseller can purchase such data at a cheaper rate and sell it to his customers at a higher rate and make money from the markup.

18. PROVISION BUSINESS

A provision store is a retail outlet where goods such as food items and other consumer goods are sold. It is one of the lucrative businesses you can engage in out there and make you some money.

It involves the game of buying in bulk, that is at wholesale and selling at a retail price which is a bit higher compared to the wholesale price you bought the goods at.

HOW TO START PROVISION BUSINESS

– Do your research and plan

Research is very important in starting this business. You need to know how competitive it is to start this supermarket business. You can’t open a provision store in an area where a lot of them exist except of course if you have your own unique way to attract customers.

– Getting the shop and equipment

– The next step is getting a store. It should be in a populated area where you know people are interested in the goods you are interested in selling.

– After getting to the store, get a carpenter to construct shelves, tables and chairs you will need. Make sure he uses quality wood to save you the problem of replacement in the future.

– Buying your goods

The success of your business depends on how much you buy your goods. You have to research well on the goods that will help make profit for the store and locate the market where you can get these goods at a relatively cheap price.

Needless to say, you are buying wholesale and not at a retail price and as such, you are assured of a profit if you have done your research well.

– Record Keeping

You need to keep a record. Record of everything from what you buy, to what you sell, down to how much you spent out of the money and how much you are investing or reinvesting

19. COOKING GAS BUSINESS

It is no news that Kerosene is now more expensive than cooking gas, and no one can stay without food. So, cooking is a must, one way or the other.

And even those that buy food from eateries contribute more to the high demand for cooking gas than those who cook at home. If you don’t understand how, you can ask me in the comment question.

So with the daily increment on the price of kerosene in Nigeria, the cooking gas business has now become one of the lucrative businesses to venture into in Nigeria because of the shift in demand from kerosene to cooking gas.

20. FUEL BUSINESS

Most houses in Nigeria own minor power generating plants (generators) that are sometimes used all day to power their homes and stand in the place of electricity supply.

It is no exaggeration that most of these millions of generators used in the country run on either petrol or diesel.

The Industries, Businesses, Schools, Hospitals, Religious Institutions and in fact everything in Nigeria depends on power generated privately from petroleum products consuming sets.

It is often joked that even the electricity distributing agencies use petroleum products in their offices to run their day-to-day operations! That is how important crude oil is in Nigeria.

21. MAIZE FARMING

The Maize farming business has definitely been thriving in Nigeria for decades. Maize, which is also commonly known as corn, is one of the most popular food crops in Africa.

Maize is cooked in various ways and millions of Nigerians rely on this crop because it usually costs less than wheat and rice and other common grains and cereals.

The importance of Maize production in Nigeria cannot be overemphasised. A lot of by-products are gotten from Maize. Maize production gives birth to a lot of other consumables and some of them are: Pap, Custard, Corn Oil, Alcohol, Cornflake, Animal/Livestock Feeds, Corn Flour, Corn Starch, Corn Powder.

22. HAIR STYLING BUSINESS

There is no doubt that you will be going home with enough cash daily. If you are skilled at hairstyling, then this is a business you can start and scale over time.

All you need is a store and the required tools. If you can’t get a store, you can start right from your home.

You can also leverage the power of social media to gain visibility and attract customers.

23. SNAIL FARMING

Snail farming is considered to be one of the most lucrative agribusinesses you can start with low capital in Nigeria today. Yet, it is one of the most neglected animal rearing businesses in the country.

Snail farming in Nigeria provides one of the finest opportunities to make money within a short period of time.

Snail farming is a niche and unusual business type of business. It’s very expensive to buy snails to eat because snails are very dormant during the dry season, they become increasingly scarce during this period and the market is starved of adequate supply until the next wet season.

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24. HAIR STYLING BUSINESS

There is no doubt that you will be going home with enough cash daily. If you are skilled at hairstyling, then this is a business you can start and scale over time.

All you need is a store and the required tools. If you can’t get a store, you can start right from your home.

You can also leverage the power of social media to gain visibility and attract customers. 

25. INTERNET STORE BUSINESS

You can sell products online and make money daily. You can sell through established online platforms that have made a name for themselves or by owning your own website.

Here, people view the products and their description and buy and you receive your payments. With this business, you must build the trust of your customers in order to survive.

26. POPCORN BUSINESS

This is one of the small businesses we always patronise yet never really consider. Almost everyone likes popcorn. You simply stop by the roadside and buy every time.

Hence, the business is a viable one. All you need to start this business is to get bags of corn, nylon, sugar, salt and butter, and a popcorn machine. When properly done, popcorn attracts customers just with its aroma.

27. PURE WATER BUSINESS

Water is a necessity. It is one thing people cannot do without. More so, clean water is always needed; hence people buy pure water daily. This is a business that makes money daily. Ensure you provide clean, hygienic water and you will do fine.

28. PIG FARMING

Pig farming in Nigeria is one of the lucrative and profitable livestock businesses. Commercial pig farming is beneficial due to the fact that pigs are prolific breeders and can deliver 10 to 14 piglets in a single birth.

Pig meat (pork) has an excellent demand since red meat is a good source of protein and tasty as well. The pork market in West Africa alone accounts for about $3 billion consumption value. 80% of that is sourced by importation. That is a lot of untapped revenue.

29. Ice block Production and Sale

When you talk about small business ideas in Nigeria, ice block production comes to mind. Nigeria is located within the tropical climate region with an abundance of sunlight and heat.

Unfortunately, the electricity supply is very poor, making it difficult for homes to maintain adequate stock of cold water in their refrigerators. This is what makes ice block production a money-spinning business in Nigeria.

People require ice blocks to keep their water and drink cold. Your market includes households around your neighbourhood, retail shops, restaurants, and bars that need to keep their drinks ice-cold at all times.

The good thing about this business is that you can kick off with the little you have. You need a deep freezer as well as a medium-sized generator and you’re all set. As you make money, you can scale up by acquiring an ice block-making machine. So, looking for a small business to do? It could be this.

30. Eggs Supply and Distribution

Apart from its dietary needs, eggs are used to make many products such as confectioneries, cosmetics, soaps, hair conditioners, shampoo, glue and face masks amongst many others. 

Supply of eggs is a business that can be started on a small scale and grow to become a big venture. If you want to go into this business, the first thing you must do is to identify poultry farms that produce quality eggs and/or large egg distributors.

Then develop a network of buyers who are many and varied around your neighbourhood. To succeed, you just need empty egg crates and a delivery van. Minus the delivery van, you can start this business with less than N100,000.

31. DAYCARE BUSINESS

There will always be the need to make a living even after giving birth. This is one of the reasons why daycare centres make good money. The services they render are second to none and indispensable. If you have a penchant for babies and kids, then you can consider starting a daycare centre.

One important thing you have to note before considering this kind of business is that you’ll need to register it appropriately to avoid getting yourself into problems with the authorities.

FINAL THOUGHT 

These businesses are lucrative because people would always need them to survive. If you are passionate about any of them, then you need not waste any more time. Turn that passion into a daily income business that can bring you financial freedom.

 

SEE MORE:

Businesses That Can Make You a Millionaire {E-book} 

How to Make Money as an Artist

Big Investment Business Ideas

Top Successful Small Business Ideas with Low Investment and High Profits

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Adaeze UC is a Blogger. She is the owner of www.adaezeucblog.com, Adaeze UC Empire, Adaeze UC Foundation, and Online Talk with Adaeze (OTA). She is also a Commercial Model, One of the best faces that can sell a brand and its product.
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