If you are considering going into a business in Nigeria whether, on a part or full-time basis, you are going to find a lot, but the most difficult issue is selecting the best business that can guarantee daily income.
Before venturing into a new business, there are lots of enquiries you need to make and also agree with yourself the amount of money you are willing to put in. If it is not enough, then you might need to throw your net elsewhere. Alternatively, you can take a loan. However, it is mostly a wrong move to borrow money to start a business, unless it is just to improve the business.
People do start a business because people are making money in it without considering what has been put together to make it a success. However, not every daily income business idea in Nigeria demands a certain skill, but you will still need to carry out feasibility studies including the right environment to trade.
As a worker who no longer finds fun in your 9 to 5 pm job, there is no better time to start but now. It may not be as smooth during the early stage of the business, but it always works out eventually when you have done the right things.
In this article, we are going to provide very comprehensive information about how to generate daily income and free yourself from the burden of waiting every month for a salary that is never enough no matter how prudent you are.
Saving is actually good as widely spread by motivational speakers, but it could also be useless if you are not using it to make more money. You should save to meet a certain project that can change your status quo.
WHAT IS A DAILY INCOME BUSINESS?
A daily income business is a business that generates cash for the business owners every day. You may never know the benefits until you will have to wait till the end of the month as a salaried worker for things that need immediate attention.
If you have a family, engaging in business activities that ensure regular and daily money could be the best idea considering the economic situation in Nigeria. This way, there will not be an issue with meeting family needs. Some businesses could even bring you more than enough, it will not only get you daily cash but also help you to fund your dreams.
WHAT YOU SHOULD KNOW BEFORE GOING INTO DAILY INCOME BUSINESS
The excuse most people give is that there is never a place or a time to start one, which is not the case. You can always make something out of nothing no matter how engaged you are.
There are daily income businesses that do not even need physical contact or store. All it takes is to earn your money online and you would be surprised at how much you make every day. Normally, being fully into it will ensure you can maximize the potential of the business.
Therefore, as a prospective business owner, you will need to know the in and out of the business before committing their capital. It may be very difficult if you are not investing your time.
Most daily income businesses do not need large funds except when you are reaching out for a big one that normally generates N20,000 and above every day.
Some people also start gold investment in Nigeria believing it could generate them money daily, which is not often the case except you are now well established. However, one deal could bring more than what people generate in total in a month.
OFFLINE BUSINESS IDEAS THAT GENERATE DAILY INCOME IN NIGERIA
If you are serious about changing your financial situation, you are likely going to find several businesses with the propensity to generate cool money every day. Most people will be fine with making about N3,000 as a profit while others demand more.
Depending on how much you want it, anything is possible as long as you are willing to put in the work and also try to improve on it. Offline businesses work better for those who are going in it full time, however, if you are still working for someone, then you may need to consider going for an Online business with passive income.
Below are the Best Offline Daily Income Businesses in Nigeria:
1. Invest in betting business
Starting a betting shop is one of the best investment opportunities that could potentially make you over N20000 profit alone in a day. In a country, where so many people are looking to win some money, you will be amazed at the turnout on the first day. And the more people that visit your shop, the more money you are likely to make every day.
Besides, you can even get some tips from customers when they win, especially on virtual games.
This is a business anyone can go into. Even if you are fully engaged with a company, you can always employ people to work for you. There is a system that monitors sales which means it will be very difficult for your workers to shortchange you.
It is advisable to use Bet9ja, being a betting company with the largest customer base. Betking is also a good choice, but people are more likely to stick to Bet9ja as they have already built goodwill that others may find difficult to simulate.
2. Car Wash
Starting a car wash service is also a way you can get money every day, and is also a very lucrative business that most people are yet fully untapped.
Not many car owners have the time or find it very convenient to wash their cars, therefore chances are that they will patronise people who are into it. Also, professional car washers are more likely to wash it better.
This is not a capital-intensive business. You can start with a little amount of money provided you have already secured a place to render the service. This is not a business that requires technical skill, however, if you are new to this, a few hours spent at an established car wash place should be enough experience needed for you to make yours a success.
Meanwhile, it may be called a car wash, but that does not mean you only deal with cars. You can also take other vehicles such as bikes, motorcycles, trailers, tricycles, and more.
A motorcycle is washed at N500 in Nigeria, while a car could go as high as N1000. This could be exactly the kind of daily income business that would change your life for good.
3. POS Business
POS (Point of Sale) business is another business that could make you money every day in Nigeria. However, this will only work in an environment with no commercial banks or where there are always queues at the ATM stand.
POS business owners make about 2000 to 8000 as profit every day depending on their location. For any amount below N5001, they charge N100 service fee. It may look small, but when you look at the numbers of people that patronize these operators every day, then you will be in awe.
Aside from charging on deposits and withdrawals, you can also provide other services such as bill payments, airtime and data sales, etc.
4. Open a barbing or hairdressing salon
Whether you are a male or female, we are always conscious of how we look, especially our hairstyles and there goes no day without getting someone who wants his or her hair fixed.
Although, having the required skills would go a very long way. Still, you can just be a business owner who only wants to cash out in this profitable venture.
To barb hair in most barbershops, you have to have at least N300 and imagine getting about 20 customers every day, this makes you N6000 and not to mention the special hair care service that costs more than that. In urban areas, the price could go up.
Ladies are known to spend more on hair, and stylists are known to charge well considering the hours it takes to make hair for just one person. A single hairstyle for females could go as high as N10,000 and that is very lucrative.
5. Transport Service Business
If you are lucky to see vehicle owners in places where they eat or drink, then you need no one telling you how profitable transport service is. It is rare to see someone who depends on salary to spend in such a manner.
Despite not being posh enough as most people believe, it is one of the best businesses where you are likely to earn money every day. You can also work as a bolt driver if you are looking to appear classy.
Transport service goes beyond driving people from one to another. You can also transport goods or properties from one location to another. Keke napep, car, trailer, and motorcycle are among the vehicles that you can use for such business.
This line of business should not be seen as a business meant for the illiterate. It is a business you could do so far you can drive or ride. If you could not get a ride, you can enter into a commission-based agreement with someone willing to part with his or her car. It is a win-win for both parties.
6. Sell raw foodstuffs
If you want to make cash daily, you could also set aside some money for sales of foodstuffs. There is always a need for everyone to fill their bellies, which then makes the business a very lucrative one.
The best part of it is that it is one of those businesses that you can set up in any location. As long as people are living in an environment, that alone has made its way for you to earn money every single day.
Foods you can sell are rice, garri, beans, yam, and many more. You can also add more to it if you have a large capital. This kind of business does not necessarily require a big capital except you are trying to maximize how much you make daily. Even if you do not have enough, start small and with the daily money you get, you will be able to buy more for sales.
7. Launch a game centre
Opening a game centre is another option you can consider if you are looking for ways to make money every day in Nigeria. It can also be a part of business especially for those who already have a barbing salon or act as a sole business.
People still love playing games on Playstation and you will be surprised at how many people come to your shop every day just to ease some tension and have some fun.
You do not need to start with the newest members of Playstation, even PS2 would still warm the heart of many game fanatics. However, the newest addition is a plus as you could charge higher than normal.
8. Pure Water Business
Pure water business could get you daily income and is very easy to set up as there is no demand for much capital. You do not need to own a factory, you can be a supplier or even sell at your own space for even more profits.
Nigeria is known to have both hot and cold seasons, while the northern side of the country experiences more hot seasons. This is a great opportunity to make money as people are likely to drink more during the hot season aside from the natural need to quench our taste.
With as little as NGN10,000, you can start the business. You could even go lower if you have a small budget. A bag of pure water could come from the factory at the rate of N80 while you can make more than double of that.
9. Sales of herbal drinks
If you are good at making local herbs for the treatments of various ailments such as malaria, pile, typhoid, and genital diseases, then it is another avenue to generate money daily in Nigeria.
It is a good business and those in it never cease to open up about how lucrative the business is. Getting the herbs needed to make the drinks are not that expensive despite the amount of profit you can make from it.
To improve your earnings, you can also add strong drinks to it. It is rare to see a place where local herb drinks are sold to be quiet, even in the morning, it is always filled with people who want to have their fill before engaging in the business of the day.
10. Start a frozen food business
Frozen food business would be a hot cake in a place with a large population of people. As someone who is looking to improve his or her income, you could buy frozen foods like fish, turkey, chicken, and gizzards and sell them for profits.
However, when going for this line of business, you must be able to put a few things in place. This is not a business you can start with just N20,000 unless you only want to buy small stock for sales in the marketplace.
First, you will need to secure a shop and it is even better if it is in a place that has constant electricity. A freezer is needed to preserve the frozen food and you will also need to make provisions for emergencies like the acquisition of generators in the event of a power outage.
11. Start a food truck
There are lots of options you have when it comes to sales of cooked foods, you can get a shop, sell in your street, or move around while selling your foods using a motorized vehicle.
By acquiring a vehicle, it makes it easy for you to sell not just in your environment, but also to salaried workers in their respective offices. Most times, people do not have the time to have their food in a canteen due to the cumbersome tasks set before them. To your advantage, you can make money selling to them in their working place.
If you already have a cart, a place to sell, or a truck, you could start a cooked food business with as little as N10,000 and make more than enough profit from it.
12. Offer business centre services
By setting up a business centre in your location, you are assured of a guaranteed income every day. The services you can offer are not only limited to word processing, print out and photocopies, you can also offer internet services to people who want to make payments, attach and send files through the Internet, and many more.
With a business centre, you can make not less than N10,000 in a day, and with time, it could grow to over N20,000 due to how lucrative the business is. Though, the cost of setting one up is huge compared to most businesses with low capital and high profit.
13. Provision store business
Ever seen a day when people do not patronise provision stores for things they need to buy?
This is enough to tell you that an investment made in the Provision store business is bound to generate cash inflow.
This kind of business does not need much planning especially in a place where people will need to walk a long distance before getting what they need. You can rent a shop, use your home or find a small table to display your goods.
Investing in provision store business does not require much capital, but does not generate enough money unless you are able to operate on a large scale. By operating on a large scale, you will be making a lot of money.
14. Dry cleaning and laundry services
Dry cleaning and laundry service is one business that is yet to gain much competition and also a good business that can give you money every day.
There are very busy people who have no time to wash or iron their clothes, so they are always looking for washers and pressers to help them with their wear. And being a very profitable venture, you are going to make a lot of money.
You can start in almost every location, but your marketing strategy would need to be top-notch to beat other possible rivals in the business. You can start by making fliers, one one one campaign in their respective offices and could also leverage social media platforms.
15. Sales of Accessories
This is a business anyone can go into when you consider how quickly sales are made. As someone who is looking to make money, you can sell phone and laptop accessories and even add charging units for people who need to charge their phones, powerful banks, or desktop chargers.
Aside from the fact that one can make much from sales of accessories, most people are even comfortable with the proceeds that come from helping people charge their phones especially in Nigeria where there is a low power supply.
Photography may not be what it used to be since the emergency of smartphones that are capable of delivering high-quality images, but there are still people who will rather have images on paper.
Nevertheless, it is not likely to go into extinction as there is still great demand for it especially for official purposes and ceremonies such as weddings, naming ceremonies, graduation, etc.
As a photographer, you can also go to places like Shoprite to give people a perfect shot that could make them want to relive their experience. Making money as a photographer is easy and you do not even need to have a studio, all you need is your camera and business strategies.
17. Open a beer parlour
Nigerians know how to enjoy themselves no matter the challenges of the day. It is rare to see any beer parlour so scanty, especially during the off-peak hours. A lot is spent on drinks, pepper soup, catfish, chicken, meats, and snails in this joint.
By going into the business, you will be improving your financial status and also be making money constantly. Regardless, this is a very demanding business and you are most likely to want to work on weekends. As the business grows, you could bring more hands to help you.
18. Plantain Chips Business
If you have passed through places known for regular traffic grids, then you will be able to capture how much people love to buy plantain chips. Even within your environment, it is also one of the fast-moving businesses in Nigeria.
You only make a lot of money if you are the one manufacturing it. You can sell them to stores, supermarkets, and people who want to resell them. To have any idea of how to produce them, you could talk with someone with experience. It is so easy to learn that even within a few hours, you should know everything about it.
19. Tokunbo business
Tokunbo business is also very a profitable venture anyone can go in and it does not have to be Okrika. It can be bags, shoes, or any second-hand items that people will always need.
Most people cannot afford new things, so they would rather buy second-hand items known to be quality. With a little amount of money, you can start this business in your location.
20. Sports viewing centre
Do not let anyone tell you otherwise, people are making good money from setting up viewing centres that show football, boxing, and other sports.
It is also a business that does not demand much energy and time. During the periods when there are no matches, you can indulge in other activities.
Also, there is no need for much research to know whether your location is okay for the business, as long as people are living around, you can be sure of football fans coming out to watch their favourite teams.
21. Water business
Another way to make money every day is by selling water for household and other uses. If you have a permanent space or location where you can drill a borehole, it is the right time to do so considering the demands for water every day.
With this kind of venture, you are confident of making up to N5,000 in a day depending on how busy the place is. Starting it may be very challenging due to the cost of drilling and setting up, but once done, you only have to worry about the little maintenance once in a while.
22. Popcorn business
Popcorn sells well in Nigeria and also is a business that provides you cash daily. Children love it, so do adults, and it can be taken any time of the day or season.
The cost of setting up is not that huge and you do need to rent a shop. You can have your spot in a place where people move a lot.
23. Cooking gas business
It is no longer major news that kerosene is gradually waning, and gas is taking the spotlight. No one ever wants to deal with dark pot again and besides, gas is more economical.
Look around your vicinity, you will find out that people now have gas cylinders rather than stoves these days. If making money every day is the plan, consider going into a Cooking gas business. When the business begins to boom, you can start adding sales of cylinders to make more returns on investment.
24. Sales of grilled chicken and fish
Have you ever thought about grilling fish and chicken for sales? It is a business that is still not yet fully tapped and you can as well start now.
Nigerians know how to have a great time and merely looking at the grilled food, it is always difficult to resist. If you are in a nice environment, start small and watch as people keep coming back when you have given them a taste they will never forget in a hurry.
25. Run a download centre
Not many have enough data or time to download videos, apps, games, or music from the Internet. If you have enough on your laptop or computer, it is time to use it to generate daily income every day.
Do not limit yourself, you can also download music for other tribes and religions. Figure what people are looking for, then get them and make money.
26. Fast Food business
It does not have to be the popular mama put or yakoyo, even a fast-food business is an exciting business opportunity to make money in Nigeria.
Some people will rather have a light meal or something quick to prepare such as custard, bread, tea, pap, etc.
To start this kind of business, you will need a shop or a place for people to sit while they have their food. Therefore, you will need to prepare a reasonable capital to set it up just fine. Not necessarily a big capital.
27. Charcoal and dry wood business
While most families may prefer to use gas or a stove to prepare their meal, there are also people who will prefer to use charcoal or wood especially when the cooking is meant for a large gathering.
Charcoal and dry wood businesses are known to be very lucrative businesses, you can become a major distributor of charcoal or sell in small quantities. However, be ready to have your hands dirty, but you should not care since it is all about making money.
28. Spare Parts Business
This line of daily income business can be very technical, as it always requires special knowledge or knowing your way around vehicles, and machines. If you have already figured that, then you are about to discover a gold mine as it is very profitable.
To get started, you will need a store or warehouse where you keep things. Once fully ready, expect calls from time to time from mechanics, technicians, vehicle owners, and engineers.
29. Hotel/Motel business
Whether you have the funds for a hotel or just a motel, starting any of them would give cash from time to time as they tend to open up more business opportunities.
Aside from being a temporary and convenient place for travelers or people who find it difficult to get home probably due to faulty cars, traffic or any, it can also be set up to provide services such as foods and drinks.
Agreed it can be very capital intensive, but it can also be one of the ways to make really good money in Nigeria.
30. Educational materials
Another way to invest a small amount of money in Nigeria is by selling educational materials such as books, pencils, pens, calculators, maths sets, and many more.
If you are going into this business, it is important to have your spot set up in a location where students in the primary, secondary or tertiary schools are likely to pass daily.
You do not need to rent a shop if you do not have enough capital. A kiosk or small table should aid you for some time, but when the business starts giving you great returns, then you can start making plans towards that.
BEST ONLINE DAILY INCOME BUSINESS IN NIGERIA
For someone who does not want to rent or use physical space for business, there are also several online business ideas that can generate daily income in Nigeria.
This could also be good for those who are currently working under a boss and feel they should only have one leg out first before going into it full time.
Below is the list of best online daily income businesses to make money every day in Nigeria:
31. Content writing
If you are good with writing articles, you could make up to 4,000 in a day without investing any capital. This is one of the easiest ways to make an entry into earning in Nigeria, and it also ensures you gather thoughts and experience which might be useful in the long run.
Most people would rather work on their computers, but you could also use your smartphones to get your jobs done for clients. Using a smartphone could be very helpful especially if you are the type that loves to move around a lot, which means that no matter where you are, the job does not have to stop.
Also, you can write for opera news hub to make some cool money, but that will involve putting in more effort. Once you start seeing results, you might want to stick around more.
32. Invest in cryptocurrency
Cryptocurrency investment is not as easy as people thought and is also one of the high-risk ventures anyone could go into. As risky as it is, people are also making money every day from the business.
Before fully going into it, you should learn everything worth knowing about it, including when to buy or sell. There are over 5,0000 coins you can trade in including bitcoin, dogecoin, ripple, and litecoin.
If you are to start, I will always recommend Binance because of their smooth trading and P2P feature, although there are other cryptocurrency wallets in Nigeria that are worth going for.
33. Become an influencer
Instead of using your social media accounts for just fun and chatting, why not make it a money-making spot?
Social media platforms especially Twitter and Instagram work well for influencers as brands are always looking for them to help promote their businesses or services.
If you are really good at influencing buying decisions, you could be making money on Instagram every day while also having fun. If you are just yet to get enough followers on Instagram, you could get several Instagram followers quickly using our guide.
34. Become a blogger
This is a very difficult one if you ask me as there are always lots of sacrifices and work to put in before it starts generating income every day. If you are ready for it, you could be making more than you bargain for every day.
To start a blog, you will need to learn different aspects of the business, especially content writing, and SEO. Even if you give writers, among other things, you still need to know it is a good structure for search engines to pick on.
To get started with a blogging career, find someone to mentor which will definitely make your progress faster. If you are not able to get one, read articles, learn from videos and grab everything worth grabbing on the internet. Meanwhile, you will need to invest in buying a domain name and hosting if you decide not to use the renowned Google’s blogger platform.
35. Become a video blogger
If you have stuck around on the internet for a while, you will probably have heard about people making money on Youtube. These people are called Video bloggers, YouTubers, or Vloggers.
Unlike blogging, becoming a YouTuber is so much easier as you do not need to buy a domain, hosting, plugins, or premium themes to help out. Although, there are several free themes and plugins you could use for free as a Blogger.
To get started, all you need to do is to visit the youtube website or app, sign in and click “Create a Channel. You will only be able to monetize when you have 1000 subscribers and about 4000 hours of watch time within the past 12 months.
Once your youtube account has been able to scale through, it becomes easier to generate cash every day.
36. Offer graphic design service
Do you know how to design or create beautiful magazines, fliers, or all kinds of arts using software like Corel draw and photoshop?
You should not sleep on it now that companies and individuals are always in need of experts to give their business or interest a good feeling. As a graphic designer, you can make up to N5,000 on a newly created logo while the cost of a one-page design is about N1,500.
You could be making up to N10,000 in a day once you have been able to assemble customers who love your designs and creativity. To always be ahead, push yourself to be better.
37. Online coaching and teaching
If you have a particular skill or knowledge you are so good at, you could be making a lot of money hosting a class on social media and instant messaging platforms like Whatsapp and Telegram.
Some people need guidance and they are ready to pay a good amount of money for it. Having a wealth of experience can be monetized and you can start getting into the spotlight by answering related questions on groups and pages. This ensures you get familiar with prospective clients who might be interested when you start arranging a paid online class.
38. Become a digital marketer
My first thought was to use, ‘Become a social media manager’, but that would be limiting you considering there are other digital marketing skills to pick on if you truly want to be a master of all. Besides, social media is part and parcel of digital marketing.
Notwithstanding, social media marketing skill is still a very good one if you decide to stick with it. To become a success, you must know how to drive sales, and improve a brand’s image and presence.
The more good you become on the craft, the more you are likely to find big brands like MTN and Bet9ja craving for a deal.
39. Dropshipping business
Almost anything is possible using the internet and dropshipping is also another way you could make money daily without owning or keeping any goods.
In the event, this is a new term to you, and wondering how it works?
Well, it is so simple. The producer/manufacturer sells at N10,000 at company price, you stated N15,000 on your online platform which could be an eCommerce store. The buyer orders from your page or online store, you order the goods from the manufacturer and then ship directly to the address you provided.
Sometimes, you can also take delivery of the goods, repackage them using your label and have them sent to the buyers. This is one of the many ways people make money in Nigeria and sites like Aliexpress and Alibaba are known as places to get cheaper items.
40. Offer Search engine optimization service
Because blog and website owners want to rank higher in search engines, it becomes very important for people who lack such knowledge to request the service of an SEO specialist.
If you know different strategies to increase visibility in search results, you could make a lot of money from bloggers and businesses. To make it easier for people to locate you, have an account created on freelancing sites like Fiverr and seoclerks.
41. Sales of digital products online
There are lots of ways you could make money and one of the most unpopular ways is by selling digital products online.
If you think digital products only are courses, ebooks, and videos, then you are very wrong as there are over 30 digital products you can sell to generate money at least if not daily, but often. People with a great presence on the internet still make money every day.
Other digital products include – fonts, logo, template, infographics, animation, theme, plugin, music, video, app and software, research material, and photos.
42. Run an online store
As an entrepreneur in Nigeria, being flexible and able to improvise are among the required skills to beat off the competition. Even if you are making sales in your space, there are still people on the internet that you can reach out to if you want to improve your sales.
You can do this by starting an eCommerce store, otherwise known as an Online store. Find a good camera or decent picture of the goods online, craft nice content, post ads, and wait for customers’ orders.
If orders are not coming forth, maybe you are doing things wrong and about time you talk to someone. There are over 4.66 billion active internet users in the world, adopt good SEO and start selling what people are likely to search for and buy.
43. Affiliate Marketing
If you know how to utilize social media, media, or any other digital marketing skills for business, you could be earning commissions by referring people to make use of a particular product or service.
This is one of the quickest ways to generate daily income without having to hold a product. All they just need is to buy through your unique link, and you earn.
44. Bulk SMS Service
Another great way to generate money online every day is by offering Bulk SMS Service. You can extend this service to individuals, companies, politicians, and many more.
These entities are always looking for a quick and effective way to reach people, which SMS happens to be one since people are most likely to read the content first before deciding on what to do with it.
To sell better, you can have an online platform for people to easily contact you or know more about the service you are offering.
Proofreading is another daily income job in Nigeria you want to take if you are good at spotting grammatical blunders or any wrong use of words in articles.
You can work with students in the higher institutions on their projects, established bloggers, or media companies who need to confirm if articles are okay before being published.
46. Resume Writing Service
People are really in need of a job, having tried a lot without much success, you can be the change by helping with the arrangement and structure of their resume since most applicants may not know what it takes to produce a high flying CV.
First impressions do matter a lot, and when HR sees a lovely input, he or she may be impressed and all that remains for the applicants is to convince them that they are the right fit.
If you can get one or two successes with your clients, this could be a business that could generate you regular inflow of cash.
47. Transcription services
Transcription service is yet fully untapped and is another business opportunity you can go fully in. This normally involves converting audio or speech into text.
Lawyers, politicians, doctors, and officials from the government are always in need of very good ones. If you are good at what you do, you should never be broke again considering not many people are on it at the moment.
If you are short of jobs, you can always visit sites such as TranscribeMe and Tigerfish. However, you can always convince people that are most likely to need one that you are perfect for it.
48. Offer translation service
You can speak and interpret more than two languages, yet it has never crossed your mind what you can do with this unique attribute?
When someone is unique or rare, it is a good thing as it means you can put a price on it. There are individuals and brands that need a polyglot for most business purposes.
If you also study foreign languages in school, you could make a lot of money by being able to interpret or translate languages. Since it is rare, you can charge as you deem fit as only a few will want to lose you to competitors.
49. Video editing
Video editing is also an online business that pays daily in Nigeria. Video content can help customers to learn or know about products or services quickly, as a result of this, business owners are always looking for video editors to help with better conversion.
If you are good at what you do, finding prospects should not be that difficult. Even if you are not editing for clients, you can choose to do it for youtube channels.
It does not have to be editing made via video editing software such as adobe premiere pro, and movie maker 10, if you are good with smartphone video editing apps, you can start selling yourself to clients and generate daily income.