Top 50 List of Business to start with 200k in Nigeria 2023: A comprehensive Guide



Starting a business in Nigeria can be a rewarding endeavor, and with an investment of 200,000 Naira, you have a solid foundation to build your entrepreneurial dreams. In this blog post, we will explore 50 profitable business to start with 200k in Nigeria, taking into account market demand, growth potential, and feasibility within your budget. Whether you’re a budding entrepreneur or an experienced businessperson, this guide will provide you with a diverse range of options to help you make an informed decision. Let’s dive in!

List Of Business To Start With 200k in Nigeria

  1. E-commerce Store

Leverage the power of the internet to set up an online store, selling products

that cater to the Nigerian market.

2. Catering Services

Provide catering services for weddings, corporate events, and other special occasions, offering delicious and customized menus.


3. Mobile Food Truck

Start a mobile food truck business, serving popular Nigerian dishes and snacks to hungry customers on the go.

4. Restaurant or Fast Food Outlet

Open a restaurant or fast food outlet that focuses on providing quality and affordable meals to customers.

5. Digital Marketing Agency
Offer digital marketing services to small and medium-sized businesses, helping them establish a strong online presence.

6. Graphic Design Services
Provide creative graphic design solutions, including logo design, branding materials, and digital graphics.


7. Fitness Studio
Set up a fitness studio and offer various fitness classes, such as yoga, Zumba, and aerobics.

8. Beauty Salon
Open a beauty salon and offer a wide range of services, including hair styling, manicures, pedicures, and facials.

9. Photography Studio
Start a photography studio, specializing in portrait photography, event coverage, and product photography.

10. Mobile Phone Accessories Store
Establish a store that sells mobile phone accessories, such as cases, chargers, and earphones.

business to start with 200k in Nigeria

11. Interior Design Services
Provide interior design services, helping clients create aesthetically pleasing and functional spaces.

12. Organic Farming
Engage in organic farming and cultivate fruits, vegetables, or herbs that are in high demand in the local market.

13. Event Planning and Management
Help clients plan and execute memorable events, including weddings, parties, and conferences.

14. Bakery
Open a bakery that specializes in fresh bread, pastries, cakes, and other baked goods.

15. Furniture Manufacturing
Start a furniture manufacturing business, producing and selling quality and affordable furniture items.

16. Personalized Gift Items
Create and sell personalized gift items, such as customized mugs, T-shirts, and keychains.

17. Daycare Services
Provide daycare services for working parents, ensuring the safety and well-being of their children.

18. Snail Farming
Start a snail farming business, as snails are a delicacy and are in high demand in Nigeria.

19. Laundry and Dry Cleaning Services
Offer laundry and dry cleaning services, catering to busy individuals and families.

20. Shoe Manufacturing
Establish a shoe manufacturing business, producing and selling locally made shoes for men, women, and children.

business to start with 200k in Nigeria

21. Solar Energy Solutions
Offer solar energy solutions, including installation and maintenance of solar panels for residential and commercial properties.

22. Travel Agency
Start a travel agency that helps individuals and groups plan their trips, offering a wide range of travel services.

23. Poultry Farming:
Engage in poultry farming, producing and selling eggs, meat, or live birds.

24. Bookstore
Open a bookstore that caters to different genres and interests, providing a wide selection of books to customers.

25. Web Development Services
Offer web development and design services, creating customized websites for businesses and individuals.

26. Tutoring Services
Provide tutoring services in subjects like mathematics, English, science, or foreign languages.

27. Renewable Energy Products
Sell renewable energy products, such as solar lamps, energy-efficient appliances, and eco-friendly gadgets.

28. Computer Repair and Maintenance
Offer computer repair and maintenance services, fixing hardware and software issues for individuals and businesses.

29. Coffee Shop
Open a cozy coffee shop that serves quality coffee, tea, and light snacks, providing a relaxing environment for customers.

30. Fish Farming
Start a fish farming business, rearing and selling different species of fish to meet the growing demand.

business to start with 200k in Nigeria

31. Real Estate Agency
Establish a real estate agency, assisting clients in buying, selling, or renting properties.

32. Gym and Fitness Equipment Store
Set up a store that sells gym and fitness equipment, catering to fitness enthusiasts and gym owners.

33. Handmade Crafts
Create and sell handmade crafts, such as jewelry, home decor items, or clothing accessories.

34. Event Decoration Services
Provide event decoration services, transforming venues into stunning and thematic settings for various occasions

35. Import and Export Business:
Engage in import and export business, trading goods that are in demand locally or internationally.

36. Car Wash and Detailing Services:
Offer professional car wash and detailing services, ensuring vehicles are spotlessly clean and well-maintained.

37. Software Development:
Develop and sell software solutions, catering to specific needs of businesses or individuals.

38. Waste Management Services
Provide waste management services, including recycling and disposal solutions for residential and commercial areas.

39. Jewelry Store
Open a jewelry store that offers a wide range of jewelry items, including gold, silver, and fashion accessories.

40. Mobile Repair Services
Offer mobile phone repair services, fixing common issues and replacing damaged components.

business to start with 200k in Nigeria

41. Advertising Agency
Start an advertising agency that helps businesses promote their products and services through strategic marketing campaigns.

42. Private Tutoring
Offer one-on-one private tutoring services, specializing in specific subjects or exam preparations.

43. Organic Skincare Products
Create and sell organic skincare products, leveraging the growing demand for natural and chemical-free cosmetics.

44. Printing and Stationery Services
Provide printing and stationery services, catering to businesses, schools, and individuals.

45. Car Rental Services
Start a car rental business, offering a fleet of vehicles for individuals and corporate clients.

46. Music Lessons
Offer music lessons in various instruments or vocal training, catering to individuals of all ages.

47. Fashion Boutique
Open a fashion boutique that sells trendy clothing, accessories, and footwear for men and women.

48. App Development
Develop and sell mobile applications that cater to specific needs or provide entertainment value.

49. Security Services
Provide security services for residential and commercial properties, ensuring safety and peace of mind for clients.

50. Recycling Business
Start a recycling business, collecting and processing recyclable materials such as plastic, paper, or metal.


Embarking on a business venture with a budget of 200,000 Naira is an exciting opportunity to explore various industries and tap into Nigeria’s thriving market. Consider your skills, passion, and market demand when selecting a business idea. Conduct thorough market research and develop a solid business plan to increase your chances of success.

business to start with 200k in Nigeria

Remember, starting a business requires dedication, hard work, and adaptability. With the right mindset and determination, you can turn your investment into a profitable venture. Good luck on your entrepreneurial journey!


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