GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

10 Profitable Businesses Nigerian Students Can Start With 10k, 20k, Or 30k In 2024

Sylvester Tobias by Sylvester Tobias
June 7, 2024
in business
Reading Time: 4 mins read
10 Profitable Businesses Nigerian Students Can Start With 10k, 20k, Or 30k In 2024
47
SHARES
Advertisements

Starting a business as a student in Nigeria can be a fantastic way to gain financial independence and develop entrepreneurial skills.

With as little as 10,000 Naira, 20,000 Naira, or 30,000 Naira, you can launch a profitable business. Here are some business ideas tailored to secondary school and university students:

READ ALSO

FG Orders Banks to Flag Accounts with Monthly Transactions Over ₦5 Million

Africa Impact Fundraising (AIF) Grant Program 2025 – Up to $5,000 Matching Funds + Training Opportunities

1. Selling Snacks (10k Naira)

Snacks like peanuts, cashew nuts, buns, and other small edibles are always in demand. Whether you’re in secondary school or university, you can start a snack-selling business with just 10,000 Naira.

  • Purchase Ingredients: Buy ingredients in bulk to save money.
  • Prepare at Home: Make the snacks at home to reduce costs.
  • Sell to Peers: Sell them to your classmates during breaks or at events.

This business requires minimal startup capital and offers quick returns.

2. Reselling Textbooks (20k Naira)

Textbooks are essential for university students, and there’s always a demand for them. With 20,000 Naira, you can start a textbook reselling business.

  • Bulk Purchase: Buy textbooks in bulk from university bookshops.
  • Resell to Students: Sell them at a slight markup.
  • Used Textbooks: Source used textbooks from graduating students to resell.

This business is especially viable at the start of a new academic session.

3. Selling Cosmetics and Deodorants (10k – 30k Naira)

Cosmetics and personal care products are always in demand. With 10,000 to 30,000 Naira, you can start a small-scale business selling items like deodorants, lotions, and makeup.

  • Wholesale Purchase: Buy products from wholesale markets.
  • Sell to Friends: Offer them to your classmates and friends.
  • Online Presence: Create a presence on social media to reach a wider audience and take orders online.

4. Airtime and Data Selling (10k Naira)

With the increasing use of smartphones, selling airtime and data can be a lucrative business. Start with 10,000 Naira by purchasing airtime vouchers from telecom providers at a discount and reselling them at the standard price.

  • Airtime Vouchers: Purchase airtime vouchers at a discount.
  • Data Bundles: Offer data bundle services.
  • Simple Business: This business is straightforward and can be run alongside your studies.

5. Thrift Clothing (20k – 30k Naira)

Thrift clothing, also known as “okrika,” is a popular business among students. With 20,000 to 30,000 Naira, you can purchase second-hand clothes in bulk and resell them to your peers.

  • Bulk Purchase: Buy second-hand clothes in bulk from markets.
  • Trendy Items: Focus on trendy and high-quality items.
  • Social Media: Utilize social media platforms to showcase your products and take orders.

6. Mobile Phone Accessories (20k Naira)

Selling mobile phone accessories like chargers, earphones, phone cases, and screen protectors can be a profitable venture. With 20,000 Naira, you can buy these accessories in bulk and resell them at a profit.

  • Bulk Purchase: Buy accessories from wholesalers.
  • Target Market: Cater to the tech-savvy student population.
  • Online Sales: Expand your reach by selling online.

7. Printing and Photocopying Services (30k Naira)

Offering printing and photocopying services can be a great business, especially on university campuses. With 30,000 Naira, you can purchase a small printer and a photocopy machine.

  • Buy Equipment: Purchase a printer and photocopy machine.
  • Campus Location: Set up a small shop near your campus or operate from your hostel.
  • Constant Demand: Students constantly need to print assignments, projects, and lecture notes, making this a steady income stream.

8. Event Planning and Decoration (20k – 30k Naira)

If you have a knack for organizing and decorating, starting an event planning and decoration business can be very rewarding. With 20,000 to 30,000 Naira, you can buy essential decoration materials and start offering your services.

  • Decoration Materials: Buy essential items for decorating events.
  • Offer Services: Provide services for birthdays, parties, and other student events.
  • Word-of-Mouth: Grow your client base through word-of-mouth and social media.

9. Hairdressing and Barbing Services (10k – 20k Naira)

If you have skills in hairdressing or barbering, you can start offering your services to fellow students. With 10,000 to 20,000 Naira, you can buy basic tools and supplies.

  • Buy Tools: Purchase essential tools and supplies.
  • Offer Services: Provide home services or set up a small salon in your hostel.
  • Referrals: Grow your business quickly through referrals and satisfied customers.

10. Digital Services (10k – 30k Naira)

In today’s digital age, offering services like graphic design, social media management, or freelance writing can be highly profitable. With a laptop and an internet connection, you can start offering these services with minimal capital.

  • Laptop and Internet: Ensure you have a laptop and reliable internet connection.
  • Offer Services: Provide digital services such as graphic design, social media management, or freelance writing.
  • Find Clients: Use platforms like Fiverr, Upwork, and social media to find clients and build your portfolio.

Conclusion

Starting a business as a student in Nigeria doesn’t require a huge investment. With 10,000 to 30,000 Naira, you can launch a variety of businesses that cater to the needs of your peers and local community.

Choose a business idea that aligns with your interests and skills, and take the first step towards financial independence and entrepreneurial success. Good luck!

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

How To Remove Private Number On Android And iPhone In Nigeria 2024

Next Post

How To Start An Acting Career With No Experience In Nigeria

Related Posts

FG Orders Banks to Flag Accounts with Monthly Transactions Over ₦5 Million

FG Orders Banks to Flag Accounts with Monthly Transactions Over ₦5 Million

Federal Government has ordered all Nigerian banks to Flag Accounts with Monthly Transactions Over ₦5 million GoldenNewsNg reports that Nigerian...

Read moreDetails

Africa Impact Fundraising (AIF) Grant Program 2025 – Up to $5,000 Matching Funds + Training Opportunities

Africa Impact Fundraising (AIF) Grant Program 2025 – Up to $5,000 Matching Funds + Training Opportunities

The Africa Impact Fundraising (AIF) Grant Program is a new initiative launched by the New Africa Fund to empower African...

Read moreDetails

FG Empowers 10,000 Women with ₦100,000 Inventory Loans Through CrediCorp – See How to Apply 

CrediCorp Market Women Low Interest Loan

In a bid to deepen financial inclusion within Nigeria’s informal sector, the Nigerian Consumer Credit Corporation (CrediCorp), in collaboration with...

Read moreDetails

Petrol Prices Drop Below N900

Petrol Prices Drop Below N900

Petrol Prices Drop Below ₦900 as Dangote Refinery Cuts Ex-Depot Rates   GoldenNewsNg reports that petrol pump prices across Nigeria...

Read moreDetails

Dollar to Naira Black Market Exchange Rate today 7th July 2025 – AbokiFX

Dollar to Naira

Dollar to Naira Black Market Exchange Rate today, 7th July 2025, can be accessed below. GoldenNewsNg has obtained the official naira...

Read moreDetails

Nigerian Banks Resume International Transactions on Naira Debit Cards

Nigerian Banks Resume International Transactions on Naira Debit Cards

Nigerian Banks Resume International Transactions on Naira Debit Cards as FX Liquidity Improves GoldenNewsNg reports that after nearly three years...

Read moreDetails

Dollar to Naira Black Market Exchange Rate today 5th July 2025 – AbokiFX

Dollar to Naira

Dollar to Naira Black Market Exchange Rate today, 5th July 2025, can be accessed below.   GoldenNewsNg has obtained the...

Read moreDetails

FG Sets Petrol Pricing Forum as Marketers Demand Transparency

Petrol Pricing Forum

FG Sets Petrol Pricing Forum for July 23–24 as Marketers Demand Transparency GoldenNewsNg reports that the Federal Government has scheduled...

Read moreDetails

Dollar to Naira Black Market Exchange Rate today 4th July 2025 – AbokiFX

Dollar to Naira

Dollar to Naira Black Market Exchange Rate today, 4th July 2025, can be accessed below.   GoldenNewsNg has obtained the...

Read moreDetails

Applications Now Open for the 2025 SMEDAN-Wema Bank Capacity Building Program to Empower Youths and MSMEs

Applications Now Open for the 2025 SMEDAN-Wema Bank Capacity Building Program to Empower Youths and MSMEs

Applications are Now Open for the 2025 SMEDAN-Wema Bank Capacity Building Program to Empower Youths and MSMEs. Read details below.....

Read moreDetails
Load More
Next Post
How To Start An Acting Career With No Experience In Nigeria

How To Start An Acting Career With No Experience In Nigeria

SEARCH ADS

Latest Posts

FG Orders Banks to Flag Accounts with Monthly Transactions Over ₦5 Million
business

FG Orders Banks to Flag Accounts with Monthly Transactions Over ₦5 Million

JAMB Awards ₦710 Million to Six Tertiary Institutions for Outstanding Admission Practices
Education

JAMB Awards ₦710 Million to Six Tertiary Institutions for Outstanding Admission Practices

JAMB Cut Off Mark for Civil Engineering
Education

JAMB Cut Off Mark for Civil Engineering 2025/2026 in Nigerian Universities

NELFUND Begins Disbursement of Funds
Education

NELFUND Begins Disbursement of Funds to Students in Saapade, MAPOLY, and LASUED

Official JAMB Cut Off Mark for Medicine and Surgery 2025/2026 In Nigerian Universities
Education

Official JAMB Cut Off Mark for Medicine and Surgery 2025/2026 In Nigerian Universities

JAMB Cut Off Mark For Computer Science
Daily Guides

Official JAMB Cut Off Mark For Computer Science 2025/2026: Requirements And Admission Tips

Official JAMB Cut-Off Mark for Law in Nigerian Universities 2025
Education

Official JAMB Cut-Off Mark for Law in Nigerian Universities 2025

Official JAMB Cut-off Marks for 2025 Admissions Released
Education

Official JAMB Cut-off Marks for 2025 Admissions Released

YEIDEP Disbursement News Today July 8th 2025
Headline

YEIDEP Disbursement News Today July 8th 2025

Apply Now: 2025 FG Technical Teachers Training (Fully Funded)
Headline

Apply Now: 2025 FG Technical Teachers Training (Fully Funded)

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News