30 most profitable investment opportunities in Nigeria

30 most profitable investment opportunities in Nigeria
Business Ideas / Finance / General Information / online business / Small Business

30 most profitable investment opportunities in Nigeria

The world is becoming a place with many options in different sectors and industries. Today’s post will be talking about the best investment opportunities in Nigeria. 

Nigeria is the most populous country in Africa, with over 200 million people. However, the unemployment rate is very high. In addition, jobs that pay salaries can sometimes be insufficient. This situation begs the need for an investment alternative, so I have made this article.

The most profitable investment opportunities in Nigeria are numerous. There are many thriving industries and sectors to invest in to get good returns. Read this article if you want to know some lucrative investment ideas. 

So let’s dive into the main topic. Below are some great investment ideas in Nigeria.

30 most profitable investment opportunities in Nigeria

Top 10 most profitable investment opportunities in Nigeria

If you were thinking of a lucrative business idea, I have highlighted a few of them here. In this section, I will discuss the top 10 most profitable investment opportunities in Nigeria.

1.   Oil and Gas

Nigeria is one of the highest producers of crude oil in the world. And as such, the West African nation receives a lot of foreign and local investors. Among these investors are businesspeople, who are now regarded as the richest men on the continent.

The income stream from investments in oil cannot be overemphasized. Businesses in Oil and Gas are one of the most profitable investment opportunities in Nigeria.

The investment opportunities in Oil and gas do not only cover crude oil. It spreads across sectors such as Pipelining, construction, installation, Marketing, etc.

2. Agriculture

Investing in Agriculture would be a very profitable investment. Nigeria depends on export even with an excellent agricultural production capacity. That is because the production is not sufficient for the over 200 million population in the country. With fertile land, farming in Nigeria seems to be underrated sometimes.

The Agricultural sector is also very influential in the Nigerian economy. In a bid to finance Agricultural investments, the Bank of Agriculture was created. This organization makes investment in Agriculture a lot easier.

So,  if you want to make any investment plan in Nigeria, Agriculture should be one of the tops on your list.

3. Real Estate

The real estate business involves the provision of housing for people in a particular location. This form of business can be a good way of making money in 2022. That is because of the high level of migration to major cities in Nigeria.

This investment opportunity opens the income stream in many areas. These include; the supply of building facilities, electronic facilities, furniture, and other relevant needs in housing. In Nigeria, you can get a lot of money from Real Estate management.

With the increase in migration to major cities, real estate is becoming the next big thing.

4. Manufacturing Industry

The manufacturing industry in Nigeria is not up to standard. The country is primarily dependent on the importation of most domestic items. It would be a very wise investment to put money into the manufacturing of any in-demand facility.

This investment would be profitable and also helpful to the economy of the country. Creating a manufacturing industry would also be an excellent way to employ many people.

This sector would benefit investors as it would attract profitable business partners. The manufacturing industry should be an area where many people should be looking.

5. Mining

A land filled with many natural resources like Nigeria should be doing a lot in the mining sector. The mining sector is an area that can produce a significant income stream from mineral resources aside from crude oil.

The government has shown its acceptance to collaborate with investors in tapping the abundance of resources in Nigeria.

Nigeria has other mineral resources like coal, bitumen, uranium, gold,  Iron metal, Tin ore, etc. Investing in the mining sector would make exploration easy. It would also be a good stream of income and the provision of employment.

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6. Technology

With the world becoming more of a digital space, Tech has become the backbone of the world’s revolution. Investing in technology would also be very profitable in Nigeria. In  Tech, Nigeria is still behind as we depend on foreign gadgets.

According to research,  about 50% of Nigerians use the internet. This number suggests that investment in advanced Internet technology would be profitable. For more information, visit here

Investing in technology would be a massive leap for Nigeria. However, investment in technology might be one of the most tasking industries. So, it would be a good idea to invest in technology or build a tech company.

7. Transportation services

Transportation services are essential, especially in the major cities where people move around every weekday. Investing in transportation mediums like buses, motorcycles, bikes, and taxis would be a good source of income.

Travel buses can also provide you with a great stream of income. The owners of transportation lines across Nigeria have made a huge source of income. You can also venture into this business idea and invest some money. Making transportation easier for people by providing comfortable travel solutions would be an excellent asset for any investor.

8. Stocks

Stock investments are one of the popular investment strategies among companies in Nigeria. This type of investment involves buying percentages of ownership in a public company. Stock exists in different sectors including, agriculture, banking, oil and gas, tech, and so on.

Buying a tiny percentage of ownership as an individual or company entitles a particular portion of the commission. Many companies in Nigeria specialize in buying and selling stocks.

Although it is risky, stocks are one of the profitable business opportunities in Nigeria.

The risk comes from the unpredictability of the market. Meaning you are not sure if the company you bought a share from would appreciate or depreciate.

9. Cryptocurrency

Cryptocurrency, also known as Crypto,  is a popular investment opportunity globally, including in Nigeria. Crypto is a digital currency that can be used as a payment medium and to purchase digital assets. Cryptocurrency uses blockchain technology to record transactions and the trends of money.

The instability in the value of cryptocurrency makes it a high-risk venture. However, hoarding would be a profitable investment in the future.

Investment in cryptocurrencies like Bitcoins, Ethereum, Syscoins, etc., would only provide gains in the future. But that is the primary aim.

10. Fixed Deposit

This type of investment account is possible only when you have a large sum of money to spare. Banks are interested in receiving large sums of money in fixed deposit accounts for a particular period.

You can go to the bank, open a fixed deposit account (5 or 10 years), and then your money increases at a given rate. This account means that you cannot receive any money from that account.

However, you will receive an amount of interest annually. Opening this account is a great way to invest if you cannot venture into a business.

Investment into one of the ventures I have listed above is all profitable one way or another. If you want to start investing, check out one of the top 10 ways I have discussed above.

20 other most profitable investment opportunities in Nigeria

Below are some other lucrative ideas to get a good return on investment in Nigeria

  1. Fashion
  2. Entertainments
  3. Telecommunication
  4. Exports
  5. Education
  6. Automobile
  7. Hotels
  8. Aquaculture
  9. Restaurants
  10. Bars
  11. Haulage services
  12. Federal government bonds
  13. Digital Marketing
  14. Car dealership
  15. Consultancy agency
  16. Freelancing
  17. YouTube Monetization
  18. Online tutorials
  19. Selling online e-Books
  20. E-commerce

Online Saving and Investment platforms in Nigeria

Many people would want to invest but might be looking for a low-risk alternative. If you are that person, this section is for you. I have listed some online saving platforms to invest, save and grow your money without risks. They include;



Also known as Piggybank, Piggyvest is an online saving platform that helps you save money at an interest rate. You have the luxury of keeping it either daily, weekly, or monthly. Piggyvest gives an interest of between 10 to 17 percent.

It can also work as a fixed deposit account to lock your money in an account for an extended period. After the report’s duration, you are entitled to a percentage of interest. This investment platform is straightforward; all you have to do is save money. 



Like Piggyvest, Cowrywise is a wealth management platform built to make periodic savings and investments easy and automatic. With Regular Savings, you can set your savings plan to be daily, weekly or monthly for a minimum of 3 months. Life Goals help you commit to long-term financial goals.

Halal Savings are for Muslims who don’t want to earn interest on their savings. Cowrywise also serves as an educational platform for personal finance tips and available investment opportunities in Nigeria.



Payvest is another fantastic platform that helps you invest and save money with a reasonable interest rate. You can save from N50 000 into your account when using these platforms. It works similarly to a fixed deposit account, but payment is due after a short period of three months.

Payvest is a feature in the Pay later app. That means they have other parts available for users.

That’s it! Everything you need to know about the most profitable investment opportunities in Nigeria. If you want to know more about this topic, check out the Frequently Asked Questions and Answers sections below. 

Frequently Asked Questions and Answers

What are the most profitable investments in Nigeria?

This article has covered many profitable investments. However, the most beneficial among these investments are stocks, Agriculture, Oil and Gas, Technology, and Manufacturing.

What is the best investment for monthly income in Nigeria?

If you are willing to get a monthly return on your investments, the following businesses would be suitable; Transportation, Real Estate, Agriculture, etc.

What is the safest investment with the highest return?

Most times, investments require high risks to make a corresponding return. However, low-risk ventures like opening a fixed deposit account can give you a good percentage of interest.

Watch Top 4 Most Profitable Investments in Nigeria


Investments are always profitable ventures. However, there are risks attached most times. I have outlined some high-risk and low-risk investments in this article.

This article has also covered some investment opportunities and platforms that can yield a good return for you. So, I believe you now know the most profitable investment opportunities in Nigeria.

If you found this post helpful, feel free to share it with your friends and families.

Originally posted 2022-02-11 01:40:02.

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  1. […] one of the oldest kingdoms in the Yoruba empire. He is equally rich as he owns assets from various investments in Nigeria and […]

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