Your question: What can I invest in with 50k in Nigeria?

Which investments have the best returns in Nigeria?

Top 10 Investments with Monthly Returns in Nigeria

  • Food business. …
  • Uber/Taxify Business. …
  • Investing in Agriculture. …
  • Real Estate. …
  • Mutual Funds Designed for Monthly Income. …
  • Treasury bills. …
  • Mini-importation business. …
  • Haulage business.

What can I invest in to make money fast in Nigeria?

20 ways to invest your money wisely in Nigeria

  1. Online Investment Apps.
  2. FGN Savings Bond (FGNSB)
  3. Stocks.
  4. Online Agric Investment Portals.
  5. Mutual Funds.
  6. Stanbic IBTC Equity Fund.
  7. ARM Aggressive Fund.
  8. Stanbic IBTC Money Market Fund.

What should I start with 50K?

Businesses you can start with 50K or less

  • Food Business: …
  • Plantain chips business: …
  • Popcorn business: …
  • Candle production: …
  • Sales of mobile accessories: …
  • Bead making and wire works: …
  • Sales of perfume and other cosmetics: …
  • Hair/Barbing saloon:

How can I make a lot of money with 50K?

What should you do with $50k? One investor’s suggestion

  1. Buy a Turnkey Rental Property. …
  2. Buy, Renovate, Rent, Refinance, Repeat (BRRRR) …
  3. Buy a short-term/vacation rental. …
  4. Flip a House. …
  5. Do a Live-In Flip. …
  6. House Hack. …
  7. Invest in real estate indirectly.
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How can I double my money in Nigeria?

Below are some carefully selected ways you can double your money in Nigeria.

  1. Put your assets to work: …
  2. Buy shares: …
  3. Dividend re-investment: …
  4. Federal Government of Nigeria (FGN) bonds: …
  5. Forex trading: …
  6. Cryptocurrency trading: …
  7. Cryptocurrency investment platforms: …
  8. Setting up a side hustle:

What can I invest with 10000 Naira?

4 Ways to Invest 10,000 Naira

  • Invest in an emergency fund. An emergency fund is an amount of money that you set aside for the sake of unplanned expenses. …
  • Invest in fixed income plans. We all have different risk profiles. …
  • Invest in real estate funds. …
  • Invest in a Stock Index.

Where can I invest money in Nigeria 2021?

Smart ways to invest your money in Nigeria

  • Nigerian Stock Exchange. Without any doubt, one of the first places that come to mind when searching for a safer place to invest some money is the Nigerian Stock Exchange (NSE). …
  • Treasury Bills. …
  • Mutual Funds. …
  • Money market funds. …
  • Federal Government of Nigeria Savings Bond (FGNSB).

How can I earn daily income in Nigeria?

Profitable Daily Income Business In Nigeria to Make Money

  1. Barbershop. …
  2. Professional Car Wash. …
  3. Laundry and dry cleaning services. …
  4. Start A POS Payments Service. …
  5. Sports Viewing Centers. …
  6. Betting Shop. …
  7. Makeup Studio. …
  8. Freelance Writing.

What should I invest with 500k in Nigeria?

9 Businesses You Can Start with 500k in Nigeria

  • Mini Importation Business.
  • Sales of Clothes and Shoes.
  • Barbing Saloon Business.
  • Football Viewing Center/Game Center.
  • Hair Dressing.
  • Real Estate Business.
  • Block Moulding Business.
  • Computer Service Center.
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What business can start with 50k?

Best Small Business Ideas under 50,000 [Low-Investment Ideas]

  1. Pottery. We live in a country where we have people with tremendous skills and talents. …
  2. Cloth Industry: India is a country which is known for its diversity around the globe. …
  3. Food Service: …
  4. Photographer: …
  5. Chips making factory: …
  6. Designing:

What business can I start with 50k in Lagos Nigeria?

20 Businesses You Can Start With 50,000 Naira in Nigeria

  • Baking Business. Baking is a thriving business in Nigeria. …
  • Fast food Business. The importance of food can never be overemphasized. …
  • Plantain Chips Business. …
  • Selling Drinks and Water. …
  • Small Scale Farming. …
  • Smoked Fish Business. …
  • Soap Production. …
  • Home and Beauty Products.

Which business is profitable in Nigeria?

Here are the most lucrative businesses in Nigeria:

  1. Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. …
  2. Agriculture business. …
  3. Food business. …
  4. Blogging Business. …
  5. Real Estate business. …
  6. Furniture business. …
  7. Hotel business. …
  8. Transportation business.

What should I do with 50K in the bank?

Ideally, you should use the 50K to settle and pay off as much debt as you can (especially those that come attached with high-interest amounts) and start with a clean slate. If you have money left over from that, then begin your investments or put the balance towards something that can bring you decent returns.

Is 50K a lot in savings?

For most people, $50,000 is more than enough to cover their living expenses for six full months. And since you have the money, I highly recommend you do so. … In other words, you should put the money into a savings account at a completely different bank than you use for your normal checking and savings accounts.

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How can I invest 50K pesos?

Where To Invest 50K In The Philippines?

  1. Invest 50000 Pesos In Bitcoins Or Altcoins.
  2. 50K investment In The Philippines stock exchange.
  3. Invest 50K Into Unit Investment Trust Fund / UITF Philippines.
  4. Invest 50K Into A Business Such As A Ecommerce / Dropshipping.
  5. Start Angel Investing In The Philippines.