Most Profitable Businesses in Nigeria as Side Hustle in 2024

[Funke]

Most Profitable Businesses in Nigeria as Side Hustle in 2024


Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Other sources of income outside this platform is essential in waiting for commissions to accumulate for effective use, it will also help in waiting for Bitcoin prices to go up before selling , as the owners survives through other sources of income.

So what is that your lucrative business idea? Let others know to diversify their sources of income.

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[Odohu]

Most Profitable Businesses in Nigeria as Side Hustle in 2024


Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Other sources of income outside this platform is essential in waiting for commissions to accumulate for effective use, it will also help in waiting for Bitcoin prices to go up before selling , as the owners survives through other sources of income.

So what is that your lucrative business idea? Let others know to diversify their sources of income.

Nigeria is like a gold mine; so many opportunities as almost anything you venture into, there is a high chance of success. When we were growing up, farmers and carpenters were treated with disdain as people who are poor. But today, both farmers and carpenters are living comfortable, far more than some civil servants.  In the course of the present economic hardship in the country, even traders are the least affected because they just increased the price of their goods and salary earners, whose income barely increase, have no choice than to buy.

What I'm saying in a nutshell is that any business is good and profitable as of now. Be it food chain business, delivery business to even POS business, all are flourishing in Nigeria. Just find that which you have passion for and which you can fund, do your feasibility study and give it your best knowing that starting a business require a lot of patients and dedication.

[Y3shot]

So what is that your lucrative business idea? Let others know to diversify their sources of income.

Because of the inflation rate in the country, it is not easy with people doing business,  every business is suffering from the hands of inflation. If I should advice anyone to get a side hustle to manage his/her self is to get online skill that can pay one in dollars. Their are lots of hustles that can fetch one money but people don't know this . Skills like digital skills, graphics designs, data analysis and cyber security,  this are good hustles that can be considered as side hustles with good income.

[Doan9269]

So what is that your lucrative business idea? Let others know to diversify their sources of income.

People may not really want to express themselves in such a way that could get them exposed about their dealings, but they can as well make suggestions from a general view even when they are not involved in any yet, there are series of opportunities online, you have to know how to find and search for them, but before that, there must be a clear understanding of what you have found out first, learn it and ask others about it before going for them, there are many businesses online with organizations that are well paying in digital currencies whereby they can offer you a job, examples is fiver, there are many others you can actually earn from, trading forex and cryptocurrencies are also another try.

[Hewlet]

Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Is it so? If I'm not wrong, what brought most people to the forum is the quest to look out for multiple streams of income and there are lots of threads that talk about the need to have an alternative means of income as it is now almost impossible to survive with a single stream of income.

Even after being accepted into a signature campaign, you still need to have something reasonable going on in your personal life as bitcointalk.com isn't an office that you should even consider depending on. The economy is bad and almost all the people that have just one source of income are seriously in debt and to be on a safer side, you need to look out for other means of making money.

While you hope to get some financial incentive for being an active member of the forum, do yourself the favour of getting a skill that will make you relevant both in the forum and outside of the forum.

E get why o

[Miles2006]

Wetin you talk make sense and everybody suppose know that one for this forum say aside from this forum you go get another source of income, if not business other things dey wey fit support but now wey people dey complain about the economy na now some people dey take advantage of the current economy situation for example, look wetin dey scarce for the country or your area or find that particular product wey price dey increase daily then you start with that product but this idea na for people wey sabi manage business strong cause some will open a business and after 3 or 6 months the business no get head. If we wan count wetin go bring money for Nigerians things plenty but the problem is some people no dey willing and e dey affect them cause of the bad economy system.

[Gozie51]

In Nigeria there are businesses that people do and at the end they crash out from it after struggling with so many things. To operate a physical business in Nigeria is very difficult because of certain exigencies that makes the business difficult like if you are running any business that you have to run with electricity, it is surely capital consuming and if you don't have enough capital to run on petrol or diesel is not easy. Therefore, any business running away from electricity is profitable in Nigeria because there is market for it like block industry, internet business and food stuff especially cooked food.

[Obim34]

Wetin you talk make sense and everybody suppose know that one for this forum say aside from this forum you go get another source of income, if not business other things dey wey fit support but now wey people dey complain about the economy na now some people dey take advantage of the current economy situation for example, look wetin dey scarce for the country or your area or find that particular product wey price dey increase daily then you start with that product but this idea na for people wey sabi manage business strong cause some will open a business and after 3 or 6 months the business no get head. If we wan count wetin go bring money for Nigerians things plenty but the problem is some people no dey willing and e dey affect them cause of the bad economy system.

The forum can never be a perfect source of income, anyone depending solely from signature campaigns and doing nothing aside is causing much harm which may end up regretting. We never know if in distance time from now there will still be continuity of signature campaign, we all saw how Mixers got banned, nobody can tell the future.

Everyone should learn to become self employed, get a skill and become perfect, outstanding than every other, this will serve better to regulate the cost of living instead of staying idle.

[CryptopreneurBrainboss]

So what is that your lucrative business idea? Let others know to diversify their sources of income.

Since you dey find side hustle, I get some for mine wey I go like share with the board members but I no go encourage any physical side hustle for the time as things dun dey be like say nothing dey work for the country. The economic dey kill businesses to grow and when you dey do things online e go give you more space to do many things and make you more money faster. Online business dey more condusive too so some of the online side hustle wey dey lucrative includes;

• Forex trading; this one no need explanation as na wetin dey rein and you fit do am from anywhere for the country. People self no go know say you dey into am and you fit use am as a better side hustle as the potential payout make sense if you sabi wetin you dey do.
• Crypto trading; this one na very popular something among we wey dey here as I no need explain myself for we to know wetin crypto trading be and if you learn am well you fit dey get better money to use support yourself as a side hustle.
• Community management; Here you fit be customer service staff or you dey manage social platforms for projects dem. Better money dey here but the problems na to get better clients to trust you enough even though you no get much working experience but after you dun establish yourself for the industry na projects go dey rush you.
• Content creation: na here money dey now and you fit still dey blog as content creation part time. You fit use content creation as your side hustle and content creation pass all those skit marking as there's more to content creating like you fit dey influence things. Food, cloths, creams, music, fun places, restaurants and so on are all places or things you can influence and make money as a content creator.

As a Nigerian make we no dey look physical things again like dat, the world has gone pass the era wey be say na only physical things wey we dey look to do as side hustle. Plenty things dey online to do now so make we focus there and try to cashout before things begin cast as many people start to dey do am.

[Churchillvv]

If you dey talk about lucrative jobs I understand say no be only physical businesses dey lucrative, you fit dey online dey make your money on soft as Mr. brainboss list am here.

For me, I be photographer and graphic designer. I believe say this work fit make me as much as I want both physical and online as side hustle and main job self. Just as plenty people don succeed to launch there services here and them get many trust so if I launch my own graphic design service here E fit dey pay me well too plus photography wey dem dey do online now. just enter any of our industries as photographer you go make better money there.
Infact e get plenty ways to make money just dey dedicated for your work.

[Justbillywitt]

Most Profitable Businesses in Nigeria as Side Hustle in 2024


Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Other sources of income outside this platform is essential in waiting for commissions to accumulate for effective use, it will also help in waiting for Bitcoin prices to go up before selling , as the owners survives through other sources of income.

So what is that your lucrative business idea? Let others know to diversify their sources of income.

I don't agree with you that multiple sources of income are being discouraged in this forum. And I don't see that crypto investor that will tell you that multiple sources of income is not good. I have come across many topics where forum members has said it countless times that one need different sources of income to be able to hold your Bitcoin investment for long without selling them.

[Loveday422]

For now that fuel price is very high ,the business that is very profitable is transportion business a liter of fuel is around 790 in filling station in my area ,if you have enough money to buy new motor bike I believe you will make it ,a drop in town service is not longer 50 naira as we know it before a drop of town service is now 200 naira night 300naira ,which you buy your fuel at 790 you have already gotten 300 hundred out of it ,some distance place you will go to they will pay you more than the fuel you bought at 790 and you will still have more fuel to be used ,I have check and balance it , to transportation business as side hustle is the best.
When you check the price of per liter you charge someone who is going for a far journey,3k with a fuel of 790 it will still take you their and come back before you can now buy another liter ,I'm this case I have check that transportation business is the best in this 2024

[Gozie51]

Someone is likely to profit more if them dey into online business. It is cheaper to run,just your data, it has no maintenance just your phone and you have your freedom.

For now that fuel price is very high ,the business that is very profitable is transportion business a liter of fuel is around 790 in filling station in my area ,if you have enough money to buy new motor bike I believe you will make it ,a drop in town service is not longer 50 naira as we know it before a drop of town service is now 200 naira night 300naira ,which you buy your fuel at 790 you have already gotten 300 hundred out of it ,some distance place you will go to they will pay you more than the fuel you bought at 790 and you will still have more fuel to be used ,I have check and balance it , to transportation business as side hustle is the best.
When you check the price of per liter you charge someone who is going for a far journey,3k with a fuel of 790 it will still take you their and come back before you can now buy another liter ,I'm this case I have check that transportation business is the best in this 2024

Omo no reason am like that oo, make you no go reason transport business from up like that because many things dey involve for the business oo. See as you just dey talk about only fuel and you dey minus and multiply, shey you don put maintenance of the motor? Abi you no go change oil, pass parts wey don spoil? Agbero still dey there, police with their own road block.

Meanwhile, the real rist for the business na about delivery, if you dey do that business and you no sabi am by yourself then you don buy private motor give your follow man because na so so story him go dey knack for your head oo like motor spoil today or I dey mechanic yesterday. So e better make e be say na you dey drive your motor jeje by yourself.

[Uhwuchukwu53]

Most Profitable Businesses in Nigeria as Side Hustle in 2024


Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Other sources of income outside this platform is essential in waiting for commissions to accumulate for effective use, it will also help in waiting for Bitcoin prices to go up before selling , as the owners survives through other sources of income.

So what is that your lucrative business idea? Let others know to diversify their sources of income.

Allot of business or thing to generate income other than your bitcoin investment is there, just that all is tide down to your mindset. There is nothing that can be compared as daily consumables it's every day income generating, such as selling of garri  in bags one can go as far as engaging rural person to gather it at cheaper rate and buy. It's a business that the loss is very minimal, many neglect this but it's a business that any body can easily manage even your present may not be necessarily there but it can run for you with simple instructions.

Another one is small scale farming, some crop can be very productive even when it's less capital intensive to practice as common as peppe, corn and tomatoes one don't need much in this crops but you can harvest and make twice of what you spend on them during planting. The most importantly the pieces of land used can be use more than twice yearly.

[Amphenomenon]

-snip-

Aside these ones others  wey I go like mention be:

• Programming and Ui/Ux designer: these 2 skill set na one of the top now, people dey cashout big time from these skills, though to master these skill dey take time but if pesin focus within 3 months, them fit don dey do something with the skill.
• Graphics design and Animations: while graphic designers plenty well well for naija, people still dey make better money from am while Animators dey cashout big time either 2d or 3d  since people dey find them well even for crypto space for NFTs and others 
• Real estate agent: This one na be the latest update wey many tel dey cashout weather na to act as agent for car, housing, land and others them dey make am well, This one don bridge as online and physical job since most of their clients dey know them online.

If you master any of these skill well them even fit turn to main source of income for you and again, we fit apply some of these skill for BTT tel make money aside signature, here like:

• We fit use our trading experience tel predict bitcoin price wey go tel be among winners of the prediction
• We fit participate for  Art contest wey include crafting, hand drawing, digital drawing and others
• Many other skill dey way you fit tel make money here or online watin matter na for you to learn how to monetize that your skill bcos me don first use my photography and designing skill tel win for contest here and still check the post by one of our LB member here Knowledge is the New Gold

[Marykeller]

Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

No be lie you talk.. Because of the amount wey some fellas from this forum d get, d refuse to look for other source of income, believing that campaign go d dey and to dependent on signature campaign payment no be bad thing, by the way their weekly payment alone pass the  minimum wage of government workers. So no need for them to find other source of income wey go give them stress since they are earning big monthly.

My advice to those kind of people be sae, find other source of income na wey you d see money. No go depends on signature campaign cos nothing is ever secured for life.

If you are feeling too big to hustle because money you d earn, you can employ someone to be managing your side hustle like bountique, cement shop, beer parlor, wines or drinks shop, semi-supermarket etc.

If you can't do any of the mentioned above. Then invest rightly for bitcoin and other top coins, so that once the bull market kick starts you go make huge money wey you go like use to japa out of the country to start a new life with better hustling and bustling for another country wey better pass Nigeria by far in economical growth and development.

[Ever-young]

Most Profitable Businesses in Nigeria as Side Hustle in 2024


Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Other sources of income outside this platform is essential in waiting for commissions to accumulate for effective use, it will also help in waiting for Bitcoin prices to go up before selling , as the owners survives through other sources of income.

So what is that your lucrative business idea? Let others know to diversify their sources of income.

The way this country be now, people don dey engaged into side hustle, nobody wey dey suffer much, everybody don wise, and dem come dey take side hustle serious pass their own work because of the kind help e dey render, that is the side hustle. So nobody wey won only rely on one source of income and plenty side hustle dey wey dey very lucrative and profitable like this Bitcointalk wey we dey do so, most people take this forum like side hustle and dem dey very active even wen dem dey work their main work, dem no dey carry this one play because dey know the benefits wey dem dey get for here, likewise affiliate marketing, freelance, dropshipping etc, all these are side hustle wey most people dey engaged in. Although some people take am as there permanent work, those people na people wey no fit do offline work and dem get involved into many online works.

[DubemIfedigbo001]

Most Profitable Businesses in Nigeria as Side Hustle in 2024


Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Other sources of income outside this platform is essential in waiting for commissions to accumulate for effective use, it will also help in waiting for Bitcoin prices to go up before selling , as the owners survives through other sources of income.

So what is that your lucrative business idea? Let others know to diversify their sources of income.

With the way you formatted the writeup, I thought you were going to give us a link to a writeup containing lucrative business in Nigeria as side hustle. Nevertheless, its up for discussion, so let's do justice to it.

Firstly, there are a lot of businesses that can serve as a side hustle from  all sectors ranging from agriculture, tech, marketing, fashion designing, distribution e.t.c.
Before venturing into any of them, you need to take inventory of yourself and know what works for you and what you can do effortlessly. Remember its a side hustle and you shouldn't allow it encroach on your main hustle, unless you're nursing the intention of converting it to the main hustle.

Farming can be a very good side hustle since you don't need to do every farming activity by yourself, you can hire people to do the hard work for you and go inspect it daily to ensure proper work is going on. If done properly, agriculture is very rewarding and can give you up to 150% ROI or more during harvest.

Distribution of bread, mineral and even bags of water gives good daily funds. I have a friend who took it up after retiring from her tedious sales girl job which she was being paid #20k, she now makes at least #3k daily which means she makes her salary now in 1week. The most entertaining part is that she finished supply before 10am daily. This is a good description of side hustle as she has the rest of the day for whatever she wishes to do.

You can also take up ICT support tasks, I'm currently enrolled into a program which a cloud engineer trains people to do tech support tasks for companies as a side or main hustle. Its called Digital witch. You'll can check it out here

[Kelward]

Most Profitable Businesses in Nigeria as Side Hustle in 2024


Multiple sources of income seem to be discouraged among crypto investors and forum members earning through writing.

Na you opinion you talk for dis sentence wey I quote you so, because wetin you talk be di opposite of di reality, infact na because of multiple or anoda source of income matter, na im carry most of us enter di forum, as a matter of fact again, person wey no get job no fit to do Bitcoin investment or trading. As e be now, crypto business na im be one of di things wey our people de into now, especially di youths, when dem earn money from dem regular jobs, dem go come invest some with DCA method into Bitcoin, odas na crypto trading dem de channel dem money into, so dat dem go de earn from there too. Plenty skills de wey people go take make am dis year, both online wey concern crypto business or offline like phone and laptop repairs, berbing, electricians and di rest, dem fit to make dis offline works as a side hustle or main jobs, na each individual choices.