Which investments have the best returns in Nigeria? See Top investment idea

Which investments have the best returns in Nigeria? See Top investment idea

Investing money is a huge beginning for making extra earnings. There are many investment alternatives in Nigeria, and this article is going to assess opportunities to invest money in Nigeria.

If you are intending to invest in a productive business in Nigeria in 2021 but don’t know which business to choose from, here is a list of the most paying investment programs in Nigeria.

This list of hot business ideas in Nigeria is made up of beneficial, time-tested business suggestions that ensure you make a profitable earning on your investment.Investment with returns

This list is cautiously chosen out of several ideas, that will certainly help you make a profit. Each of these businesses are evergreen and up to date in Nigeria. You also need to do your research to choose any of the best financial investment opportunities in Nigeria.

Invest in Cryptocurrency

Cryptocurrency is the leading, biggest but speculative investment opportunity in Nigeria and throughout the globe.

The advantage of cryptocurrency is that you can make fast money if you know how the platform works.

Buying cryptocurrencies like Bitcoin, Ethereum, Litecoin, Altcoin, XRP, and others is a high-profit investment opportunity to use if you have some additional cash.

Be sure to contact an expert who can give you proper helpful information on blockchain and cryptocurrencies.

Invest in Gold

Gold is recognized as a symbol of power and riches. Many Nigerian say that investing in gold is the biggest investment.

Investing in this rare metal can help you earn a lot of money as gold’s value never declines because of the tremendous significance connected to it. 25 karat gold will still always be 25 karat gold, but its value will only boost over the period.

There are a couple of gold items to invest in such as gold jewelry, bars, coins, bullions, gold-plated items. If you store them for some time, let say, 10 years, you’ll be astonished at the profit on your investment.

Another alternative is the buying and selling of gold items, regardless, you need to understand the fundamental way of running a gold business in Nigeria .

You must understand how to measure, weigh, and value them. You need to be able to differentiate between real gold products and counterfeit.

To make a great fortune in gold you need a share from 200,000 to 1 million Naira.

Invest in Stocks

Stocks seem like the best investment in Nigeria that is if you can start with big capital.

However, the investment can easily be lost if the deal doesn’t go well. Both individuals and companies lost money in the 2008 New York Stock Exchange crash. In decade after this fall, there has been a total comeback of the stock market.

“Stocks rising markets have had a rough year but that could improve extensively next year”, Morgan Stanley, the US financial holding company, published in its Global Strategy Outlook report for 2019.

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To make a beneficial profit in stock investments, you need to create your own winning system, make research before investing in stocks, and choose a value stock.

The thing is investing in stocks can help you get a remarkably high profit which also comes in form of dividends and bonuses. An individual needs a startup of 200,000 naira to invest in stock and for companies at 1 million Naira.

Another reason to invest in stocks is that stocks are very liquid and are very useful in times of emergency.

Interest on Bank Savings

Banks are institutes that give the possible opportunity to open a savings account that will only permit you to spend less.

This is rather a stunning way to invest your money under the circumstance that your bank is reliable. Most African banks encourage entrepreneurs, employees, students, and others to save money reimbursing them 10-15% annual interest.

To start earning money on savings from your choice of bank, open an account at your bank’s webpage, fill in your bank details, and your bank card.

You will begin receiving interest the very moment you open an account, and the whole process is completed online. So, you don’t have to pay a visit to the bank.

Investing in FGN Savings Union

The Federal Government of Nigeria (FGN) offers Nigerians a huge investment alternative called Savings Bonds.

This investment strategy is known to considerably increase the national growth of the country. By loaning money to the government, average Nigerians can benefit by earning interest on savings.

In this Federal Government initiative, you are permitted to invest N5,000 to N50,000,000 for a tenor of 2 to 20 years. And the interest rate relies on the tenor you want and it is paid twice a year.

The Federal Government savings bonds interest rate can match up to 13% which is lower what you get in most Nigerian commercial bank.

Furthermore, this investment is not taxable and the money serves as collateral if you require a loan from another commercial bank.

Another reason for investing in this bond is that it is a very reliable, safe, and rewarding opportunity as the Nigerian government is not intending to collapse.

Livestock farming

Another top business idea on how to invest in Nigeria is livestock farming as meat and dietary is a necessity for humans.

This sector is funded by the Nigerian government as a way of facilitating economic diversification. If you are not attracted to immediate farming, you can collaborate with a firm that makes its returns from farming.

Keep in mind to do proper findings on the organization you are intending to invest in to prevent being duped or scammed.

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Pure water production

People might think pure water, “nylon water” or “sachet water” production are many and it may come to an end very soon because of the government policy to ban the production of this sachets water to protect against environmental destruction.

The reasonable and feasible business in this case is the establishment of a nylon recycling plant or boost production of bottled water.

Oil and gas business

Africa is endowed with huge sediments of gas and Nigeria happens to be a minefield which means that Nigerians are given equitable business opportunities.

While foreigners are primarily investing money in mining mineral resources such as Oil, Gas, Gold, Coal, Limestone, Bitumen, Iron Ore, and others, Nigerian investors are fortified to commence businesses and make investments into the national economy.

Real estate

Real estate dealing is another profitable investment idea, but it requires high capital. Buying properties in Nigeria is one of the safest investments one can make due to the development going on in Nigeria.

When investing in real estate, take into consideration which city or town the property you are going to buy is sited.

If you want to get a fast and huge earning on the property investment, you may look into major cities like Lagos, Abuja, Port Harcourt, or cities like Delta, Calaba, Onitsha, Ogun, Enugu.

It’s either you buy a land and sell after a while or build properties like hotels, apartment houses, hostels, shopping malls, events and conference halls, and others. Instead of saving money in banks, invest in the real estate business. Many people in Nigeria face housing problems.

They cannot acquire a house because there is none within the selected location. These statistics result that there is an unexpected need for residential and commercial buildings in Nigeria, particularly, in important cities.


Agriculture is one of Nigeria’s means of exchange and a huge sector of the economy. the government continues to propel agriculture to diversify the economy, it is a glamorous area for investors.

Moreover, most people on the African continent live in rural areas, so if you are looking into an investment with monthly profits in Nigeria, then Agriculture is what you should be investing in.

Haulage services/logistics

The commercial transportation of freight is known as haulage or trucking business.

Given the fact that the price of renting a truck to transport your goods from a location to another in Nigeria starts at N20,000 per trip.

Also, Africa’s rail transport system is relatively poor so far, so taking the goods from farms and villages to the marketplace, will be done through the road. Still, logistics in Nigeria is not left entirely to the trucking business. You can also haul your cargo through the river, lake, sea, etc.

On the other hand, inland waterway transport is also a competing sector of the Nigerian logistics industry. Water transportation is underdeveloped in Nigeria compare to Italy, Thailand but it is still a fruitful investment.

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One more alternative to consider when investing money in Nigeria is outsourcing bus services. If you are more enthusiastic about hoisting humans than goods, this business can perhaps help you to make money by providing transportation services to different organizations including schools, NGOs, religious organizations, companies, etc.

Some large organizations do not have their own transport system, so it will be you providing the cars or buses as well as the drivers for them.

Internet marketing

It is known that digital marketing is one of the spearheading industries. Nigeria is racing to catch on with the rest of the world in this sector of the economy.

If you are curious about digital and internet technologies, you might find investing in e-services worth your interest.

Many internet businesses today offer a spectrum of e-services including web hosting, web, and app designing and development, SEO services, digital marketing services, etc.

Nigeria’s online involvement is known to expand every year. For this reason, online marketing is highly valued in Nigeria.

Many businesses have started creating online stores to reach a wider community of Nigerians informed about their products and services. This inundation has created a new cutting edge for business opportunities in Nigeria.

Fashion design

Nigerians are well-known around the world for being stylish. Fashion is a great opportunity to invest in. Both designers and investors who do little input are becoming millionaires.

Recently, the Nigerian fashion business has undergone a revolution which resulted in a boom in this industry. You can also invest in uniform production and make money from sewing uniforms for schools, organizations, the army, etc.

One more cloth-related investment idea is the importation of clothes. Selling used or recycled clothes, bags, belts, shoes, and other fashionable items come in handy for many poor Nigerians.

This is a fast-growing direction in various African countries as this is an investment opportunity for most of the underdeveloped and developing African countries. The used clothes are imported from Italy, France, Dubai, India, China, Hong Kong, etc.

Media and showbiz

It is a notable fact that Nigeria is the biggest in entertainment in Africa, mass media and show biz enterprises are worth investing enormous amounts of money.

One of the most popular and lucrative ideas is in creating a TV station. Creating showbiz in Nigeria is also a big way of investing your money, however, this is more profitable in big cities like Lagos and Abuja.

If you want to achieve financial freedom, you can leap by investing your money in one of the promising sectors of the economy. Hope these ideas on where to invest money in Nigeria are helpful.

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