Students always need money. There’s something they always need money for, and that’s why I wrote this post about business ideas for students in Nigeria.
If you’re a student that doesn’t have billionaire parents, you’d understand how hard it is to keep up with some things.
Talk about course handouts or manuals, talk about departmental dues, talk about some silly payments you didn’t plan for. A reasonable social life, too, is there to live. This makes it important to seek business ideas in Nigeria for students.
All work and no play makes Jack a dull boy. 🙂 You need some money! Don’t worry, I’m here to help.
I’m here to show you businesses you can do as a student in Nigeria to make money without hurting your academics.
10 Business Ideas for Students in Nigeria
1. Importation Business
Importation business is very, very lucrative. Very profitable. It’s so profitable non-students do it to take care of themselves (and even their families).
What makes importation business a suitable business idea for students in Nigeria is that it does not require a shop or huge capital. You can start with as little as #30,000 and as well store the imported goods in your room.
The best way to go about importation is to look at some of the cheap, but essential things students in your school use and then import them. You have to order and sell the items at prices way cheaper than the market price, if you want to really make money.
Some of the best things you can import and sell are clothes, bags (for women), fashionable sunglasses (for women, especially), hair boosters (think beard boosters for men), stretch marks cream etc.
Here’s a guide about doing importation business in Nigeria.
2. Sales of Jewellery/Wears/Wares
This is another business idea for students in Nigeria. It’s an easy-to-do business you can combine with your studies without hurting one for another.
Selling jewelry, wears or wares is just like selling your imported goods as discussed in #1 above in that you have to be strategic about what you buy (and resell) and you also have to be innovative in marketing your goods.
Jewellery are those things people use for ornamentation such as earrings, necklaces, brooches, rings, anklets and bracelets.
Wears are such things as clothes, shoes, snapbacks, face caps, eyeglasses and bags. Look around for trending stuffs in this category and buy them in wholesales and retail them.
Wares (not wears this time around) are those things such as plates, spoons, mugs, flasks, bottles and so on. Make sure whatever ware you choose to sell is fashionable enough to attract people, because that’s one of the major reasons people would buy it.
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It goes without saying; tutorials is a big moneymaker for students.
You don’t need huge capital or inventory. The only thing you need is your head and a venue and you’d “blow” in no time.
Look around your campus, how many tutorials are there?
To make money doing tutorials, you may want to target new students who are new to the school. Visit them in their lecture halls, admonish them, give them some pep talks and you have their attention.
Another business idea that looks like it is training—teaching people what you know.
Is it a software? Or maybe you’re good at graphics design or web design. Teach it.
One of the unique ways you can do this is to offer one-on-one training. Inform people of how they can learn from you at their pace and time. This works because students have different schedules and a student can only work with his school timetable.
Do either of these and you’d never be broke again.
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4. Graphics/Web Design
This is yet another brilliant business idea in Nigeria for students.
Other than teaching these stuffs, you can offer the actual service – graphics design, web design or both.
Look around and tell me where you did NOT see a work of graphics. This goes to show how high on-demand these things are. From churches to businesses. Everybody needs works of graphics.
The good thing about web design or graphics is that you’re not limited to your campus or school. You can always take it to anywhere. Businesses, whether big or small, need websites to reach more customers or showcase their services. They also need the endearing graphics to arrest the eye.
Get your skill and tools together, it’s time to make some money!
5. Writing — Freelance/Essay Contests
If you’re good with words, this is the perfect fit for you.
Writing is what you should be doing if you can write.
Writing is very lucrative and can earn you big bucks within a short time. It’s that profitable.
The good thing about writing is that you have a lot of options to choose from, depending on your skill. You can choose the freelance way or enter contests.
Freelance writing is a full time job in and of itself. And so flexible you can combine it with your academics without one affecting the other.
Here’s a guide to freelance writing in Nigeria.
If you choose contests, na still road you dey because there are lots of options here, too. One is essay contests, another is short story/fiction, another one is poetry. There’s even choice for either international or local contest … as you wish.
Opportunities for Africans update their website regularly with the latest essay contests.
You have probably heard about blogging more than a billion times. It’s that popular.
Thanks to Linda Ikeji. She’s the mother of blogging in Nigeria. She rakes in millions monthly just by putting up insider gossip about celebrities.
That’s probably the only thing you know about blogging. Well, there’s more and this post does justice to it.
While it’s is very rewarding (provided you can work twice as much as Linda does, in your beginning years, at least), the downside is that it takes time. That is, blogging is not one to venture into if you’re looking for quick money.
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If you look closely, you’d realize that all three of them are closely related. Sewing (suitable for both male or female), hairdressing (more suitable for women) and barbing (more suitable for men).
This is yet another profitable business idea for students in Nigeria. It’s so lucrative you can make quick money with it.
One thing that may seem an impediment is the cost of getting a place or shop to showcase your service. But you don’t need a shop. You can render home service, whereby you go and service people in their hostels or rooms.
Another thing you can do to attract customers is bring your price down a little bit from the general market price. That is, if established barbers or hairdressers charge #50 per head, you can charge #40. Hope you get?
One important thing, however, is that you must be very good at it. Else, nobody will patronize you. The few ones that did will spoil your market and you don’t want that for yourself.
Painting is another business idea in Nigeria for students. It requires only little money to start because the tools are not expensive. Rollers, paper tapes and brushes. Cardboards can be bought on a need basis. Also, it is the customer that is responsible for paint.
The only thing you need is creativity (to craft beautiful patterns) and ability to combine matching and beautiful colours.
If you do it well, your happy customers will be glad to refer you to many others.
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9. Business Center
Where do you print or photocopy your documents? A business center, right? Right. There you have it: another business idea for a student in Nigeria.
If you check those places, you’d realize there’s never lack of customers. Students always have something to print or photocopy.
Many of these business centers also provide online services, helping students, especially new comers, with such things as school fee payment, receipt printing, course registration and so on.
You don’t need huge capital to start a business center. Just a laptop, printer and photocopier. They don’t also have to be brand new; just good enough to get the work done and not the ones that’d take all your money for repairs.
A easier way to approach a printing/photocopying business is to start from your class. You can even take documents home and bring it for them the following day.
If you do it well and don’t disappoint and very importantly, very cheap, they’d refer you to their friends in other departments.
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10. Event Planning/Catering/Decoration
You know what this is, right?
Although all three of them have different names, they’re closely related and can be combined.
If you’re in charge of decoration of an event, you can also be the caterer in charge of food.
You may need connection in order to get frequent offers doing any of these, but the good thing is you can make use of your skill and knowledge even when you don’t have job.
Bake cake, make chin-chin, fry plantain and package them very well. Remember, most of the chin-chins or cakes you buy have no special ingredients; just the enticing packaging. After making these things, you can then distribute them to traders around at a discounted price that would leave profits for them too. You can also market your stuff to your classmates.
There are many business ideas for students in Nigeria. So much opportunities abound. You only need the right skills and information and a bit of business orientation and you’d never be broke throughout your stay in school.
Which one would you try?
Which one are you currently doing?
Have more business ideas for students in Nigeria?
Share your replies in the comments.
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