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

5 Profitable Side Hustles You Can Start In Nigeria With Small Capital

Sylvester Tobias by Sylvester Tobias
May 2, 2024
in business, Headline
Reading Time: 2 mins read
5 Profitable Side Hustles You Can Start In Nigeria With Small Capital
302
SHARES
Advertisements

For fresh graduates navigating the challenging job market in Nigeria, embarking on a side hustle can offer financial stability and personal fulfillment.

Even for those already employed, cultivating a secondary source of income is a prudent move, especially considering the volatile economic landscape.

READ ALSO

World Bank to Approve $750m Loans for Nigeria

PENGASSAN Declares Nationwide Strike as Dangote Refinery Sacks Over 800 Nigerian Workers

Despite the prevailing economic constraints, several profitable side hustles can be initiated with minimal capital investment.

1. Cakes and Snacks Making

Venturing into the confectionery business, such as baking cakes and snacks, presents a viable option with low startup costs. With as little as ₦50,000, one can kickstart a venture producing cupcakes and snacks that cater to the demand of both casual buyers and roadside vendors.

2. Tailoring

Investing in tailoring, whether by acquiring a sewing machine or offering specialized services, is another promising avenue. For approximately ₦70,000, a new sewing machine can be procured, enabling the creation of bespoke garments or providing alteration services.

3. Making and Selling Local Beverages

The production and sale of indigenous beverages like Kunu and Zobo offer lucrative prospects with minimal capital outlay. These beverages enjoy consistent demand and require relatively modest startup funds, making them an attractive option for aspiring entrepreneurs.

4. Chin-Chin and Puff-Puff Baking

The preparation and sale of popular Nigerian snacks such as chin-chin and puff-puff represent a lucrative venture requiring minimal investment. With as little as ₦20,000, one can commence operations and potentially realize substantial returns, with profits nearing ₦5,000 per sale.

5. Food Vending

Launching a food vending business post-graduation offers a low-stress, high-income opportunity. The demand for conveniently accessible meals remains robust, presenting an enticing market for food vendors. With strategic planning and minimal initial investment, aspiring entrepreneurs can establish a profitable enterprise.

In conclusion, while the economic landscape may pose challenges for aspiring entrepreneurs with limited capital, opportunities abound for those willing to explore alternative avenues.

By leveraging creativity, resourcefulness, and strategic planning, fresh graduates can embark on lucrative side hustles that not only generate income but also foster personal and professional growth.

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

How To Apply For LNSA Recruitment 2024 Application Form Portal

Next Post

Apply For Halcyon EquityTech Fellowship 2024 – Get $10,000 Free Stipend

Related Posts

World Bank to Approve $750m Loans for Nigeria

World Bank

World Bank to Approve $750m Loans for Nigeria on September 30 The World Bank is set to approve two loans...

Read moreDetails

PENGASSAN Declares Nationwide Strike as Dangote Refinery Sacks Over 800 Nigerian Workers

2024:  Dangote Graduate Trainee Programme

PENGASSAN has Declared Nationwide Strike as Dangote Refinery Sacks Over 800 Nigerian Workers. GoldenNewsNg reports that The Petroleum and Natural...

Read moreDetails

Link For NJFP Unmatched Fellows Revalidation For NJFP 2.0 Enrollment

NJFP Beneficiaries To Get 100k Monthly Stipend And All You Need To Know

Link For NJFP Unmatched Fellows Revalidation For NJFP 2.0 Enrollment The Federal Government has begun the revalidation process for unmatched...

Read moreDetails

Full List of INEC Chairmen in Nigeria From 1998 Till Date

Full List of INEC Chairmen in Nigeria (1998–Present) and Their Achievements

Full List of INEC Chairmen in Nigeria From 1998 Till Date   The Independent National Electoral Commission (INEC) is Nigeria’s...

Read moreDetails

SMEDAN Opens Free CAC Business Registration for 250,000 Small Enterprises (Direct Link to Apply)

SMEDAN Opens Free CAC Business Registration for 250,000 Small Enterprises (Direct Link to Apply)

The Federal Government of Nigeria has launched a landmark initiative to provide free Corporate Affairs Commission (CAC) business name registration...

Read moreDetails

FG Flags Off Free CAC Registration for Small Businesses – Apply Now

Free CAC Registration for Small Business

The Federal Government of Nigeria has launched a Free CAC Registration for Small Businesses.   GoldenNewsNg reports that the program...

Read moreDetails

Dollar to Naira Exchange Rate Today 27th Sept 2025

The latest Dollar to Naira Exchange Rate Today 27th Sept 2025 can be accessed below..   GoldenNewsNg reports that the...

Read moreDetails

Bishop David Oyedepo Celebrates 71st Birthday Today

Happy 71st Birthday to Bishop David Oyedepo

Happy 71st Birthday to Bishop David Oyedepo Today, September 27, 2025, we celebrate the 71st birthday of Bishop David Oyedepo,...

Read moreDetails

FG Empowers 58,000 Students with Skills-to-Jobs, Expands TVET Training to 1,600 Centres with ₦22,500 Monthly Stipends

FG Empowers 58,000 Students with Skills-to-Jobs, Expands TVET Training to 1,600 Centres with ₦22,500 Monthly Stipends

Nigeria Showcases Skills-to-Jobs Agenda at UN General Assembly, Highlights TVET Reforms Nigeria has reaffirmed its commitment to turning skills into...

Read moreDetails

FCMB Group 2025 Graduate Trainee Sales Programme Recruitment

FCMB Group 2025 Graduate Trainee Sales Programme Recruitment

FCMB Group 2025 Graduate Trainee Sales Programme Recruitment is currently ongoing. GoldenNewsNg reports that the First City Monument Bank (FCMB),...

Read moreDetails
Load More
Next Post
Apply For Halcyon EquityTech Fellowship 2024 - Get $10,000 Free Stipend

Apply For Halcyon EquityTech Fellowship 2024 - Get $10,000 Free Stipend

SEARCH ADS

Latest Posts

World Bank
Headline

World Bank to Approve $750m Loans for Nigeria

2024:  Dangote Graduate Trainee Programme
business

PENGASSAN Declares Nationwide Strike as Dangote Refinery Sacks Over 800 Nigerian Workers

NJFP Beneficiaries To Get 100k Monthly Stipend And All You Need To Know
Headline

Link For NJFP Unmatched Fellows Revalidation For NJFP 2.0 Enrollment

Full List of INEC Chairmen in Nigeria (1998–Present) and Their Achievements
General Information

Full List of INEC Chairmen in Nigeria From 1998 Till Date

SMEDAN Opens Free CAC Business Registration for 250,000 Small Enterprises (Direct Link to Apply)
business

SMEDAN Opens Free CAC Business Registration for 250,000 Small Enterprises (Direct Link to Apply)

Free CAC Registration for Small Business
business

FG Flags Off Free CAC Registration for Small Businesses – Apply Now

business

Dollar to Naira Exchange Rate Today 27th Sept 2025

Happy 71st Birthday to Bishop David Oyedepo
Entertainment

Bishop David Oyedepo Celebrates 71st Birthday Today

FG Empowers 58,000 Students with Skills-to-Jobs, Expands TVET Training to 1,600 Centres with ₦22,500 Monthly Stipends
Headline

FG Empowers 58,000 Students with Skills-to-Jobs, Expands TVET Training to 1,600 Centres with ₦22,500 Monthly Stipends

FCMB Group 2025 Graduate Trainee Sales Programme Recruitment
Headline

FCMB Group 2025 Graduate Trainee Sales Programme Recruitment

© 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