Question: Which Investment Is Best In Nigeria?

Where can I invest my money in Nigeria?

Five ways to invest money in Nigeria for beginnersNigerian Stock Exchange.

The Nigerian Stock Exchange is a place to consider when searching for where to put some money.

Treasury Bills.

Fixed Deposits.

Eurobonds.

Money market funds..

What can I invest with 50000 Naira?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

How can I invest 200k in Nigeria?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

Which job can I start with 20k?

7 Profitable Businesses You Can Start With 20K Or LessSelling Second Hand Clothes. This has become a very lucrative business option for many young people. … Printing/Photocopying. … Operating a Salon/Barber Shop. … Selling Boiled Eggs, Smokies Or Sausages. … Movie Shop. … Car Wash. … Selling fruits & vegetables.

How can I make 5000 naira a day?

10 Ways to Make 5000 Naira Daily in NigeriaFreelancing. This is one of the easy ways people make money online. … Tutoring. … Barbing. … Transport services. … A beauty salon. … Owning a Gym house. … Sales. … Online marketing.More items…

How can I save 100k in 3 years?

I saved over $100,000 in just 3 years by the time I was 27—here are my top money-saving tipsInvest in your 401(k) … Keep your expenses very, very low. … Save 40% to 50% of your earnings. … Start a side hustle. … Don’t get caught up in comparison.

How can I make money in Nigeria?

In this post, we’ll be sharing some easy and legit ways to make some extra cash in your spare time.Publish Books Online. … Sell Designs & Creatives Online. … List on Property Websites. … Start a Blog or a Vlog. … Sell on E-commerce Websites. … Affiliate Marketing. … Offer Professional Services Online. … Become a Virtual Tutor.More items…

How can I make 20000 naira a day?

If you want to make 20,000 naira daily in Nigeria, checkout these 15 ways:Start Blogging.Start Up a Boutique.Start Affiliate Marketing.Establish a Laundry Business.Own a Barbing Salon.Become an Affiliate Fashion Designer.Run a Barbeque Business.Do Freelancing.More items…•

How can I make money with 5000?

7 Best Ways to Invest $5,000 of Your SavingsResearch online investment firms.Consider investing in a Roth IRA.Invest in actively managed mutual funds.Go for index funds.ETFs.Save with an online bank.Think about certificates of deposit (CDs) or money market accounts.Being Smart About Risk.

How do beginners invest?

Here are six investments that are well-suited for beginner investors.401(k) or employer retirement plan.A robo-advisor.Target-date mutual fund.Index funds.Exchange-traded funds (ETFs)Investment apps.

What are the 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.Growth investments. … Shares. … Property. … Defensive investments. … Cash. … Fixed interest.

What should I invest in Nigeria 2020?

Here are the most lucrative investment opportunities in Nigeria:Agriculture. Nigeria’s population is estimated to be over 200 million. … Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria. … Oil and Gas. … Mining. … Manufacturing Industry. … FGN Savings Bond. … Stocks. … Fixed deposit.More items…

Which investments have the best returns?

Overview: Best investments in 2020High-yield savings accounts. … Certificates of deposit. … Money market accounts. … Treasury securities. … Government bond funds. … Short-term corporate bond funds. … S&P 500 index funds. … Dividend stock funds.More items…•

What is the fastest growing business in Nigeria?

Five fastest-growing business ideas in NigeriaHotel Business. Transcorp Hilton Abuja. The hotel business is one of the fastest money-making opportunities in Nigeria. … Oil and Gas business Ideas. NNPC filling station. Vast deposits of oil bless the land of Nigeria. … Haulage business intentions. Haulage trucks. … Pure water production business. Pure water processing factory.

What is the most profitable business in Nigeria?

Real Estate is no doubt one of the most profitable businesses in Nigeria and the world. Real Estate is as relevant as ever because people will always need a place to stay. As the population of Nigeria continues to increase, the need for housing continues to grow. There are several opportunities to choose from!

What business can I start with 10 000 naira in Nigeria?

The business ideas listed here would give you an idea of how to start something with as little as 10k.Freelance writing business. … Poultry business. … Fastfood business. … Social media marketing. … Dropshipping. … Mini importation. … Small Scale Agriculture Business. … Fish Farming.More items…•

How can I double my money fast?

Speculative ways to double your money may include option investing, buying on margin, or using penny stocks. The best way to double your money is to take advantage of retirement and tax-advantaged accounts offered by employers, notably 401(k)s.

What can I do with 1million naira?

Business I can start with 1 million naira in NigeriaOpening a small supermarket. … Opening a small restaurant. … Boutique business. … Phone and computer accessory business. … Bakery business. … Producing yoghurt and ice cream. … Poultry farming. … Fish farming.More items…•

What business can I do with 20k in Nigeria?

Here we go.Bedsheet/Beddings Production. … Shirt Production. … Sales of men’s underwear. … E-Payments and POS Business. … Mobile and electronic Accessories. … Popcorn Machine. … Sales and Customizing of Football Team. … Snail farming.More items…•

How do I invest 200k?

In today’s very low-interest rate environment, the common standard for portfolio allocation has become 125 minus your age.Invest in CDs and Money Market Accounts.Invest with an Online Bank.Invest in Bonds.Invest in Stocks.Invest in Peer-to-Peer Lending.Try Real Estate Investing with Fundrise.

What is the safest type of investment?

For example, certificates of deposit (CDs), money market accounts, municipal bonds and Treasury Inflation-Protected Securities (TIPS) are among the safest types of investments. … Money market accounts are similar to CDs in that both are types of deposits at banks, so investors are fully insured up to $250,000.