Best Untapped Business Ideas in Nigeria 2024

There are several untapped business ideas with vast opportunities in Nigeria to make enough money.

The decision to start a business is often marred with lots of uncertainties, which is normal especially when you think of how much you are about to throw on a business that you probably have no idea about.

The good thing is there are already models for you, you may not see them but they are out there. You just need someone to mentor you or some guides for you to follow.

However, the mistake anyone can make is to think that a growing business in countries like the United States of America (USA) and the United Kingdom (UK) can also boom in Nigeria. A business succeeds when demands meet supplies, but when demands fail to meet supplies, it always ends in business failure.

Another thing that an aspiring business owner should know is that some of the untapped business ideas that will be revealed in this article may require capital. We will also be broad anyway by also giving you business opportunities that need little or no capital.

Table of Contents

Untapped Business Ideas In Nigeria

Below are the top untapped business ideas and opportunities available around you:

1. Sales And Installation Of Solar Home System

With the increasing epileptic power supply in Nigeria and running on fuel is no longer as affordable as it used to be, small business owners can venture into a business that will be able to provide another alternative energy for homes.

Fuels make a larger part of the monthly expenses of most households and firms, you can expect them to always look out for the best alternative. As an entrepreneur who is looking to make money – sales, and installation of a solar home system could give you the opportunity to make good money. On the plus side for buyers of this innovation, you can get to enjoy free light for at least 20 years.

However, starting this line of business requires capital and manpower, you will need to invest a large amount of money, but if managed right, you could be on your way to becoming a millionaire due to its marketability and attractiveness.

2. Farming Business

Nigeria has an abundance of lands for farming yet they have not been fully utilized. Gone are the days when the main source of living in Nigeria is Agriculture, but since education and technology have taken over, there has been massive shift from farming, now people are either into white-collar jobs or other fancied businesses.

Still, people can still practice modern farming, but many still believe farming is meant for the uneducated which is not so. The arrival of education should not bring an end to farming especially when foods and vegetables are the lifelines for human beings and animals.

Investors can tap into the opportunities and make money for themselves, they do not need to do it manually. Farming can be modernized with the help of new and advanced techniques and technology. By using the opportunities provided by modern farming, you will have a glimpse of the noticeable changes brought by this new method, and thus, increase your productivity.

3. Real Estate Business

As lucrative as it is in Nigeria, it is a surprise that people are yet to tap into the vast opportunities that can be provided by investing in real estate.

The best part of this business is that there is no need to secure capital, you just need the right people and here you go. However, you will need to be massive when it comes to marketing and connecting with people. More successful closed deals mean more money and you can further gain more connections through the deals you closed.

To go into real estate business without cash, you can meet a real estate company and have a chat about partnering with them. Make sure you have the wind of every contract you are about to sign and how much commission you get to make on each successful sale or rent.

If you are able to procure a space, you can start as a shop and house agent until you are able to get estate owners who are looking to sell their homes or properties.

4. Oil And Gas

There must be a reason why Business Magnates always have Oil and Gas as part of their businesses. If it is not profitable, no one would have invested in it.

Petroleum oil for long has been a good business, but it was recently that gas became more lucrative since individuals are now moving from stove to gas cylinder.

Oh, you might be thinking starting a great business like Oil and Gas Business will require a large amount of capital, you are not wrong though, but it depends on the kind of fixed assets you want to invest in.

Since the majority of the buyers of oil and gas are made up of commoners, you can reduce the fixed asset costs and have your business close to where they are. Small gas storage would be enough to get your business started, and you can upgrade as your profits and customers increase.

5. Betting Business

You are probably wondering why Betting shops when they are almost everywhere in Lagos. The truth is betting business is only dominant in Lagos and has not fully taken over other states and even neighbouring states like Ibadan and Ogun State.

If you are living in other states, you can take advantage of this untapped business. I have been to several states in Nigeria and I can confirm that betting businesses are still scanty in most of the towns. For instance, in Osun and Abuja, you will have to take a long walk before finding a bet9ja or betking shop.

Why not take advantage of this opportunity and start your own betting shop. We now have several bookies in Nigeria, you can easily start your own, although you will require capital. Depending on your location, you should be able to start with at least NGN 300,000. If you are living in places like Osun or nasarawa where the cost of space is not as huge as Lagos, this should do unless you want to start in a big way.

Betting shop owners are making money and running one is very profitable, especially in Nigeria. For every NGN 100 bet, you can get up to 30% or more depending on the bookies. There is a chance of making sales of at least NGN 150,000 every day now that virtual games ensure that new events are released every 5 minutes.

Even in Lagos, it is still a hot cake business no matter where you are. Although there may be no space for Bet9ja again, you can try other bookies like Accessbet and BetKing.

6. Food/Drinks Truck Business

If you are living close to Urban Area or where there are many companies and multinationals, you can take advantage of the costly nature of such places and start packing foods and drinks for sale.

Not many have the time to cook their own food and most of the workers would have no choice than to visit expensive restaurants around them. This will never go down with them especially when they calculate their expenditures on foods, drinks, and transports.

Every worker will want to save as much as possible, and if you can give them the same value of foods and drinks at a lesser price, they would definitely want to patronize you. The best part of this untapped business idea is that you will be paying little or nothing for space since you are always on the move delivering from office to office.

To achieve this, you do not need to make a nuisance of yourself. Remember, the first impressions always go a long way, talk with the security men/women, janitors or messengers. They will know how to pass it around and even become your loyal customers. At first, you may not get the outcomes you want, but your manner of approach can induce them.

Starting a food or drinks truck business does not come with large capital. Even with an amount as low as N30,000 should get you started. However, you need a vehicle.

7. Content Developing

Maybe you are not used to the word, “Content Developing”, it is our job to make sure you know of several untapped business ideas and opportunities in Nigeria you can pounce on.

Content development is the process of researching, writing, and editing content for magazines, websites, or blogs. Content development goes beyond just creating strategic writing, it also extends to video and audio contents and this is one of the quickest ways to make money without capital.

All you need is your phone or PC, and you can be earning not less than NGN 5,000 in a day depending on the assigned tasks. If you are so good at what you do, you can even get up to N20,000 in a day from established site owners.

Students, Job seekers, and part-time workers could take this as a Side Hustle and get to make some money no matter where they are in Nigeria. As a content developer, you can also register with Fiverr or seoclerk to gain international clients. This is one of the ways to earn money from home in Nigeria without investing a capital.

8. Waste & Sanitation Management

There are actually entrepreneurs who believe what most people thought to be a waste is a treasure. It therefore takes a special kind of person to realize it, and these people are always looking for ways to take them from you. The amusing thing is that you will even pay them for taking a waste which they will later convert to a product.

The truth is that waste management and recycling are neither a new concept for most people, what most people do not know if it’s really profitable and since they do not have the idea, it is difficult to go into.

If you are from Nigeria, this may be an opportunity to become a millionaire. Not many will be daring to work with wastes, which means you are likely not to have many competitors.

The enormous population has further contributed to the accumulation of wastes, therefore, you can be rest assured that there will always be wastes to recycle. Waste items that are recycled include glass, paper, nylon, aluminum, and plastic. Another man’s trash can actually become a goldmine for you.

9. Palm Oil Production

The palm oil business should not be that difficult to start since every household always finds the need for it. Most eateries also are always on the lookout for the best.

No matter where you are, it is a business you can put your money on and have rest of mind since they are less risky in nature. Sales of palm oil have even become better now that online stores now allow business owners to sell on their webpage.

Jumia Nigeria is no doubt the biggest online store in Nigeria, imagine how much you can make using the store. These commodities can be gotten in the rural part of Nigeria, which you can now market at a high price.

If you are also able to learn how to produce it, this could work in your favor and you are more likely to make a better profit. Exportation of this product is also possible, provided you make arrangements with a Client abroad.

10. Start an I.T Business

If you have the money and resources to put up a team capable of helping you plan, project, and negotiate on your behalf, I would then recommend an IT Business.

This is still one of the best-untapped businesses in Nigeria; however, it demands technical skills. Therefore, you can expect many people to shy away from it because the skills are not that easy to learn. Meanwhile, you do not even need to be a programmer, developer, or engineer. Just have the basic training or how an I.T company is run, and you could get your big break.

For some time now, information technology has been the reason why services and businesses are now automated, it also helps to improve storage, spread information faster, improve processing, and make it more efficient.

Most businesses are always looking for a way to achieve better productivity, and putting up a team capable of building a product that could solve such problems could accelerate your progress. You will need capital if you ever want to roll easily.

If you do not know how to start, you can also invest your money in a tech company capable of getting results. It is what most business magnates do.

11. Leasing Of Hall

Another business opportunity you can invest in is Hall Leasing. Nigerians love to party hard and since the government no longer allows public roads to be used for occasions, the need to secure space has made Hall Leasing, an attractive business in Nigeria.

Also, the government could also make use of the space during political campaigns or meetings, and this is a cool way to make money from the government since they pay better.

And we have private firms too who may need a space for their end of the year party, meeting, or events. Leasing of Hall is one of the best businesses anyone could put money on, however, it is better if the location is close to busy areas.

Once a hall has been set up, it does not demand much stress like most business ideas in Nigeria aside from the occasional cleaning which you can give to the cleaning service agency.

12. Hire Purchase Business

Hire purchase business has been on for some time now, and it is still one of the best business ideas one can bring into reality. The reason why most people do not go into it is that it does not look viable to them.

It is easy to assume that since it is an installment payment that could go on for months or years depending on the agreement or pact made. Let us try and correct the notion.

There are so many gains, for instance, a tricycle may be purchased for just NGN 900,000 and you could decide to give it out at the rate of N1.4m which means you will be making a gain of N500,000 on just one tricycle. Imagine if you have several hirers, this gives you an opportunity to make a steady income.

13. Nylon Bags Production

There is always a need for polythene bags, and this is one of the reasons why most people will demand for it when they purchase stuff because it can be used to carry loads or cloak items.

It is one of the most essential things in every household, imagine going to the market to buy some groceries without a nylon bag? It will be very difficult to get your things packed.

Therefore, as someone who is looking to provide solutions to the problems, you can go into nylon bags production. Marketing and sales of nylon bags are very easy, because of the need for it in most shops and stores. If you are good at what you do, you can even enter into a contract with some big stores like Shoprite, justrite, and GB Supermarkets.

14. Rental Services

If you are able to acquire things you can put up for rent, then Rental Service should be the kind of business you can invest in. Chairs, Tables, Spoons, Plates, Canopies, Coolers, Pot, and Indigenous Stove can be what could give you cash on a regular basis.

One of the most interesting benefits of this business is that it does not require much capital. Also, maintenance is minimal when it comes to dealing with stuff like this. In Nigeria, there are people who are into this kind of business either as their side hustle or things they go fully into.

Rental services do not have to be items needed for parties and event, you can also put a Ladder for rent and trust me, it will be easy money for you.

15. Ice Block Production

Nigeria is not a country that enjoys regular power supply and the harsh weather does not help either, this makes sales of ice block one of the most lucrative businesses in any part of Nigeria.

For instance, in the northern states especially in Kano and Jigawa, there is always a need for pure water sellers, store owners, and soft drink sellers to get ice block for their wares due to the fact that most of them could not afford a freezer. Aside from that, people always need them for the occasion.

Investing in Ice Block Business is still profitable in Nigeria, no matter what part of the country you are. Water is always free, all you need is a freezer, Nylon, and a regular power supply. If you can afford a power generating set, you should add it for days when there will be power outage.

Sales of ice blocks are common in the morning since it is the time that ice water and drink sellers go about their business, you should always be ready. If you use a generator to make your ice block, they will not hesitate to purchase at an extra fee provided light is not everywhere.

16. WallPaper Production Business

If you have an eye for art or have people who can help you project your ideas, wallpaper production business is another business idea you can invest your time and money on.

The rise in real estate and art have stimulated the interest of people to the extent that they are now showing love for abstract drawing and designs. Businesses use it to influence the buying decisions of customers.

Barbers, Betting shops, vehicle owners, business owners, students, and households purchase wallpapers to beautify their homes or stores, although the major reason for most people is to send a message.

What is your first impression when you go into a home with arsenal wallpaper on the wall? Then you should know that the fellow may be a football fan.

17. Open A Training Centre

With the unemployment rate in Nigeria, students and graduates are still looking to acquire skills that could make them stand out during the recruitment process.

If you are good at some computer packages like Word processing software, Spreadsheet Software, Database Software, Communication Software, Desktop Publishing Software, and Email Programs. This should fetch you a lot of money.

Meanwhile, it does have to be Information Technology Based, you can also start a multi training center for tailoring, hair-dressing, welding, furniture, and more.

Also, you do not need to be skilled in any of these fields, all you need are experienced personnel with some teaching skills. This will require some capital and awareness if you ever want to get the required applicants.

18. Sell Photos Online

Bloggers, webmasters, and content creators are always looking for non-copyrighted photos for their journals/contents.

If you are good with cameras, you can take some random pictures and upload them on your blog/website for sale. To guide against people that will likely take the pics without payment, put a watermark on it. You can also automate it using a plugin.

However, you will need to learn to blog and there are a lot of courses online to help you get started. Alternatively, youtube is a very good place to learn all you need to know. To start up this business, you do not require much capital.

19. Start Blogging

Blogging is one of the quickest ways to make money online in Nigeria if done right. It is also a few of the untapped businesses that are not capital intensive. Despite the glaring fact that people can make up to 7 figures per year, there are still bloggers that are not generating income at all.

Blogging requires a lot of dedication and patience if you are just starting. However, if you have enough money to invest, you can quickly increase the authority of your blog. The money can be used to pay writers, SEO experts, and content creators which may quickly hasten the growth of your blog.

If you are planning to do all the work yourself, try to choose a niche you are familiar with. This way, you are never short of impressive content for your audience.

20. Frozen Food Business

Another business opportunity you can invest in is Frozen Food Business. As a vendor, you can buy, store, and sell frozen foods such as fish, turkey, and gizzard. This kind of business can be used to empower yourself and it is something one must engage in full time.

To succeed in this business, you will need to acquire a freezer, a shop/warehouse, and access to regular electricity. Frozen foods vendors will also need a power generating set since light is an issue in most parts of the country; even if there is a constant light in your location, you will still need the generating set for days when there will be an epileptic power supply.

To invest in the frozen food business, you need enough capital but it is not that capital intensive like starting an IT company.

21. Social Media Marketing

Here is another untapped business idea with little or no capital called “social media marketing”. If you need a presence, you can have a virtual one and it is even better this way as anyone from around the world will be able to access information about your business.

Nigeria is gradually understanding the needs for digital marketing, most businesses will no longer survive without the effort of social media marketer, they are like the link between a business and the outside world.

There are billions of people on social media, and people will want to get their business out there. Therefore, it becomes paramount for companies and businesses to reach out to social marketers that are capable of delivering.

22. Sales of Blocks For Construction

Production of blocks is one of those businesses with high returns and that is likely to remain so due to attractiveness in Real Estate.

To become successful in this craft, you must learn the basics; most importantly, how to source for the raw materials that will be needed to produce the quantities of blocks for sale. The arrangement must also be made perfectly that it won’t affect the next production. The needed raw materials are cement, sands, and water.

Also, you will need a plot of land or space where you can use it for production. Getting a space in a location where development is still on can help you to make large returns quickly.

23. Car Wash Business

If you have the money to invest, you can also go into the car wash business. This is one of businesses that can fetch you good money if set well.

Look around, you may notice that not many car washing arenas around, which means vehicle owners would have to travel a long distance to get their car washed. If you know how to spot an opportunity, here is another avenue open for you.

However, there will be a need to secure a large land and also access to enough water supply. Once you have been able to set it up, there will not be much running expenses except for the occasional buying of detergents. This is one of the best businesses in Nigeria with little expenses.

24. Sales & Purchases Of Cryptocurrencies

Another business that has not yet been fully untapped is Sales and Purchases Of Cryptocurrencies. I can understand people’s fear but with current positive results about cryptos, it is time people accept that it has come to stay.

Just recently, there was a wide report in Nigeria concerning cryptocurrencies, the Securities and Exchange Commission (SEC), one of the regulators have signed that all cryptocurrencies will be treated as a form of security until it is proven to be not. This means all Crypto-assets like Bitcoin can now act as exchange.

This new development means it is just a matter of time before it is fully accepted. Even some companies now accept it as a form of transaction. As a dealer, you can make a whole lot of money trading in cryptocurrencies. This can be achieved if you know when to buy and when to sell, more like speculating.

You can also find people who will be willing to sell their assets at a lesser price, and you can now sell to others for a profit. Every day, people are always looking to buy bitcoin since there have been lot of successes in the Crypto worlds.

25. Domain Sales

Do you know that Hotels.com was sold for about $11 million? Fb.com sold for $8.5 million? People are still into sales of domain names but it is getting more difficult since most people will rather buy other extensions than pay dearly for the preferred domain name. For instance, someone who wants to gistfocus.com can easily buy gistfocus.ng provided it is still available.

However, there are organizations and businesses that may never settle for another, instead, they will negotiate with you and it comes at a price for them.

In order to get people to buy your domain names, you will need to have purchased them first from an ICANN-accredited domain name registrar like NameCheap. The best way to make sales is to speculate. For example, a new telecom company with the name, mtel just emerged. As a risk-taker you are, you will quickly purchase mtel.com, mtel.biz, and mtel.ng before their official launching, that way you are in a position to negotiate a deal with them.

Do not wait till they contact you, visit the manager, and have a chat with him or her over the tea and who knows, they may likely offer to buy one of the domain names.

26. Vlogging

If you are confident and have some contents you want to share with many people through video, you can find a career in Vlogging. But first, what is Vlogging?

Most people are familiar with blogging which is an online journal or informational website, also referred to as Weblog. A vlog can then be called Video Blog since the information can only be assessed via video.

There is no one without skills that can not be shared online. If you are so good at makeup, you could come up online and share with people on Youtube. Youtube can be monetized and you will be surprised how much you can make on a daily basis, yet this particular business is still one of the businesses in Nigeria that has not been fully tapped.

27. Shea Butter Production

Shea butter is one of the top 10 most sought products in Nigeria because it has healing properties. It is good for people with dry skin, and also provides the human skin with nutrients necessary for collagen production.

It is one product that one can invest in if there is little capital. For years, shea butter has been used to improve and treat skin conditions which makes it one of the products that are in high demand.

Packaging matters a lot, who says you can’t make yours to be an exception. When you do that, you will be surprised at how much customers you will gain. Products like this can also be sold on online stores like Jumia and Konga.

28. Fish Farming

Fish farming is another hot business that moves fast in Nigeria and does not require much capital except you need someone to manage it on your behalf.

It is very complex to manage, but if you can take your time to learn all you need to know, it should not be long before you start getting calls from 5 stars hotels, beer joints, and households.

To get started, you will need ponds that are constructed with various structures for water control, access to a regular supply of water, juveniles, protective nets, fish feeds, and waterlogged land. Finally, if this is your first time, you will need someone to guide you, it can be your worker or someone who has been into the fish business for a while.

29. Sales of Gas Cylinders And Accessories

Gone are the days when the stove was still a thing in Nigeria, now is the time for gas cylinder. People are not fully into the sales of gas cylinders but a time is coming when stove will no longer be used like before.

It is no longer news that kerosene is so costly, even at that, not as attractive as it used to be. Therefore, gas is a better alternative since it saves more money. Individuals want the best way they could spend less and yet get more value. Since gas can not work in isolation, there is then a need for people to buy gas cylinders. To make more sales, you can also add a gas stove, tube, and burner.

If you are able to solve the problem within your neighbourhood, you will be surprised about how much you can quickly make before people start getting wind of it. This is another business that is yet to take over in Nigeria.

30. Fitness and Gym

Guys, ladies, and the young at heart are now looking to get that perfect body which gives you an opportunity to make quick and easy money.

However, this can require a large amount of capital since you will need to get a space and also a fitness machine and equipment. Among them are Treadmill, Free weights, Cable Pulley Machines, Aerobic steppers, Stationary Bikes and more depending on what you want to achieve.

When just starting this business, you will need to commit a lot of capital and resources, but once you are done, you are likely not to spend much since they are fixed assets except for the occasional oiling and changing of screws.

31. Car Rental Services

Another untapped business idea is car rental service. This is actually common in the USA, but still an untapped business in Nigeria, which may be due to the setup complications and capital.

However, if you are able to put everything in place, it remains one of the best businesses with big potentials. People often find the need to rent a car when going to negotiate a deal, wedding, clubs, and other activities, so you can not be short of customers.

To make it work though, you will need an experienced person to help you manage it. Owners of the business will also need to install a car tracker since there are people who might want to take advantage of the loopholes in Nigeria.

32. Run A Day Care Centre

Working moms and dads need a secure and friendly environment to put their children in, you can provide that for them, and in return, you get to make money.

Still, Setting up a daycare can be very demanding and capital intensive, but if you are living in at least 2 bedroom flats with enough space, you can convert it to a creche center. If none, you will need to invest a great amount of money.

Toys and beds are also part of what you need to start this project. You will not just be running as a part-time nanny but also as a teacher and someone who can use nursery rhymes to calm their nerves.

33. Start A Tutorial Class

If you are good at a particular subject, this will provide you with a way of making money without investing capital unless you want to start big. Every year, there are always a report of poor academic performances of students and undergraduates, therefore they will need someone to give them that extra coaching class.

If you are unable to get a place, you can always negotiate your way with the school or security officers of the school. If every other thing fails, you can use your space no matter how small it is for a start, as time goes on, you can move to a bigger place.

Meanwhile, most public schools and tertiary institutions will never stop you from using their classes for teachings. It is what some undergraduates do in Nigeria to generate income.

34. Dropshipping Business

The word, “Dropshipping” might be foreign to most people since it is not common in Nigeria. In the USA, it is huge and people have been making thousands of dollars from it.

It was years back I got to know about dropshipping and how it works and based on my investigations, I can confirm it is one of the best-untapped business opportunities with low-risk business models.

As profitable as it is, it might surprise you that you do not even need to have much capital, all you need is to choose your field, find a supplier, build your eCommerce store and start selling the products.

You order from your suppliers at the company’s price and customer order from you at a higher price. No need to even secure a warehouse as goods can be moved directly from the seller’s location to the customer’s address unless you want to repackage. Repackaging using your label will actually give your business a boost.

35. Start Your Own Ecommerce Store

There is actually a wide distinction between an online store and drop shipping and should not be taken to mean the same thing.

Dropshipping is a business where you are able to sell to customers without holding the products, it is similar to affiliate marketing while eCommerce store is where people can order for the products you hold or have access to.

To start an eCommerce store, you will need a warehouse or store. Nevertheless, if you live in a place with space, you can use it as your store pending the time you are able to secure one. Ecommerce business is one of the most profitable businesses since most people will rather buy online because of the perceptions that online products remain the best. Of course, you should give them your best if you ever want to have a good rating.

36. Become A Website Designer/Web Designing Services

Who is a website designer? A website designer used to be a professional who can only use CSS, JavaScript, SQL, PHP, etc to create an engaging website for users. Well, it is no longer the case since the emergence of WordPress, even a newbie will be able to design any kind of website without knowing CSS, HTML, or Javascript.

In less than 2 weeks, you should be able to master all that is needed to get a good quality website. However, if you can have the time, you should invest your time in learning how to use the various web designing courses. It will be a huge help as you take bigger clients.

37. Hotel Business

The hotel business is still a profitable business idea if you have enough cash to set it up. It does not even have to be a 5 stars hotel, even a small hotel with a bar and eatery would be enough to make you a good amount of money.

Nigerians love good fun and you can use that to your advantage. A place to take a rest, a joint to drink and dine. You can even add a hall to it if you have enough space.

With all benefits that come from owning a hotel, you can be on your way to build a dynasty.

38. Freelancing

Freelancing entails so many roles, as long as you have a skill, you can work with any person or company without committing to them for long-term.

When freelancer takes up a job, they are ultimately self-employed and can choose to work either remotely or at the office pending the time contractual obligations will be fulfilled.

A graphic designer or content developer who are only called when there is a job to do will not be considered an employee of the company, but rather “contractors” because he or she can choose to reject the work if there are other jobs. Employees can not avoid jobs within the scope of their duties.

To become a freelancer or freelance worker, there is a need for little or no capital at all depending on the nature of your job. For instance, if you are a writer, you can choose to write your content on your phone or PC and send it when it is ready.

However, if you want to do it on large scale, then you will need a small capital. The capital amount can be used to design your agency website, and then you will also need a team to improve productivity.

39. Dry Cleaning & Laundry Business

Dry cleaning & Laundry Business is one of the hot businesses in Nigeria that can fetch you not less than N5,000 in a day. It is arguably one of the top 10 business ideas in Nigeria that most people do not put attention to.

Not many enjoy or have the time to do their laundry, so there is always a need to find a dry cleaner, but unfortunately, they are not yet widely available. If you are looking to make money in Nigeria, this is the kind of business you should be putting your money into.

After setting up your dry cleaning office/shop, do aggressive marketing and you will be surprised about how much you make in a day.

40. A Parking Garage

This is one of the most lucrative and untapped business ideas in the world people can invest in. I can only wonder why people are not putting their money into this business especially when Lagos, Ibadan, and some of the busiest cities in Nigeria need a place for people to park their vehicles.

Having a parking garage will give people a sense of security that their vehicles are secured. You can have the parking garage close to a big market like Sabon Gari Market in Kano or Ikotun Market in Lagos.

The best part of investing in a parking garage business is that it does not have many running costs, all you just need is a Land and protective walls around them, then you can start making good cash every day.