Combining academic study with business is a hard venture to embark upon in Nigeria as a student. But it is even harder finding a business idea you can get started with and make money while in school. This is the reason why most students are deterred from doing business while in school.
Sharing profitable business ideas for students is what we know how to do here on this site. Whether you’re a Nigerian university student, polytechnic student, college student, or even secondary school student looking to start a business; our list of best 25+ business ideas for students in Nigeria is what you need to get started.
But if I may ask, “why would you prefer our business ideas to other business ideas for students out there”? Having studied the growth curve of many business enterprises, we carefully select business ideas that are:
- Cost effective (requires little or no capital startup)
- Combinable with academics (you can operate it with your academics without you having carryover in your courses)
- Not time consuming (done part-time or on leisure time)
It is always good to start a business while in school because of high level of unemployment in our country. Though, our government is doing their best as regards to this. Again, there are too many responsibilities after school graduation. So, you need to start making money earlier enough. You will also not get broke in school if you are doing a business.
You can read more on… reasons students should launch small business while in college
Table of Contents
Business Ideas for Students in Nigeria
The following are some of the best business ideas in Nigeria you can start as a student:
Blogging is of one of the best business ideas for students in Nigeria. If you’re such a student who loves surfing and expressing oneself over the internet, starting a blogging business is the best option for you. But, it will preferable if you already in the University, Polytechnic and other high institution. As a student, you can always blog at your leisure time, and there are thousand and one untapped blog niche ideas to blog about. An interesting thing about blogging is that, it will never affect the time of your academic studies.
Some profitable blog niche you can start as student in Nigeria include:
- Educational blog
- school fashion and entertainment blog
- Relationship blog
- Physical and fitness blog
Starting a blog is not going to cost much. With as little money as N15K, you can start a profitable blog. The breakdown of the cost is as follows: domain name registration = N3000/year, Hosting cost = N11500/year and blog setup = negotiable. If you don’t know how to go about this, we’re here to help you.
Read more on……How to start a blog and make money in Nigeria
Another great business idea a student in Nigeria is tutoring. If you love teaching and imparting knowledge to others, tutoring business idea is the best option for you. You can start tutoring centre for students struggling with the subjects you’re acing at. Think of courses you’re good at and start it for the junior students. You can also offer online courses or webinars to reach more students and folks. It pays a lot if you’re good at the course you teach. Remember, you can continue this business idea after your graduation.
Starting tutoring centre in school premises will require little or no money. You start by tutoring one or two junior class student or class below you and grow the business from there. The tutoring centre I attended when I was in secondary school has grown to one of biggest secondary school in Nigeria. If you start your own tutoring centre in University, polytechnic or college, you never can tell what it’ll be transform to in nearest future.
Fresh graduate can start tutoring centre because it’ll require little or no capital investment. The Academy was basically meant for those preparing for NECO, WAEC, UTME and Post-UTME.
- Selling of solved past question papers
Selling of solved past question papers is another good business idea for intelligent and smart students in Nigeria. But if even you’re not intelligent enough to solve questions, you can get other intelligent students to help you solve the past questions for some stipends. After solving the past questions comply and customize the solutions in such a way that it cannot easily be duplicated. Otherwise, you can get ISBN and publish solved past question papers before you start selling to avoid plagiarism.
But this type of business idea comes with a little challenge. You’ll need capital for printing and publishing of the solved past question papers. The best way you can solve this problem is to seek for sponsorship to help you get the book published.
- Mini Computer Business Centre
Mini Computer Business Centre is one of the lucrative business ideas for students in university, polytechnic or college. To start this business in your school, you need to liaise with your student union government or whoever that is involve in renting a space within the school premises.
The mini level computer business centre will not cost as much as a standard computer business centre. As a student, you can start this business with 1 in 3 HP LaserJet for photocopying, printing and scanning, a table, chair and possibly small generator plant. However, if you wish to start a standard computer business centre instead of mini computer business centre, you can take a look at the cost of starting a standard computer business centre and see if it something you can do
- Phone Repairs business
If you’re such a student who has technical skill of repairing phones, you can start Mobile phone repair business in your school. Even if you don’t have the skill, you can negotiate with someone who has the skill to train you on how to repair mobile phones (on your leisure time). This will cost you little or nothing.
One good thing about this business is that you can always do the phone repair job at your free time (probably during your recreation time). You can combine the repair of phone business with sales of phone accessories. It all depends on your capital. This type of business is also open for fresh graduate who is thinking of what business to start as a fresh graduate
- Dry Cleaning
Dry cleaning is one of the easiest students’ business ideas. However, combining dry cleaning business with academics requires a lot of hard work. You will need to meet up customers’ service timely.
You can start dry cleaning service for other students or collect other students’ dirty laundry and take it to the launderette for a markup. As a student, you can do this business on weekend and on free night so that it will not affect your studies. Other student will not expect you to buy washing machine at your level. All you need is just one or two containers or two rooms and a washing basin to get started.
- Bead making
Bead making and designing is a good business idea to start as a student in Nigeria. This business idea may be seen as gender sensitive or selective; it is commonly seen as women or ladies’ business. Beaded necklace is fast selling in Nigeria. Most Nigerian traditional attires are worn with hand beads and bead necklace. You need to learn different bead knitting and making styles to succeed in this bead making business.
You can be knitting/making the following bead types;
- Knotted bead necklace
- Beaded earrings,
- Beaded bracelets
- Beaded purse
- Beaded handbags
- Beaded belts
- Beaded ties
- Beaded flower vases
- Event Decorator
Event decoration is a business idea any student in Nigeria can do on weekends and special day. If you like fashion and, you are a good designer; event decoration is a good option for you. All you need is to be ready in looking for upcoming events.
To start event decorator you may need to learn modern decoration skills. You can learn how to decorate the following events;
- Traditional Marriage ceremonies
- Wedding feast
- Love feast
- Naming ceremonies
- Birth day party
- Graduation party
- Child dedication party
You can start decoration business by renting decoration materials and equipment instead of buying new decoration material. This is far cheaper for a beginner in this business.
Freelancing is one of the best business ideas for students who enjoy working online. Depending on your skill and expertise, you can offer the following freelancing services:
- Freelance writing
- Web designing
- Graphic designing
- SEO service
You can always get CV-pimping experience to boost qualifications as a freelancer. You can offer freelancing job on websites like Upwork, IWriter.com and Freelancer.com. They are the best freelancing sites for Nigerians.
- Graphic designing
Graphic designing is one of the business ideas you’ll enjoy doing as a student. However, you need to undergo training in the use of Corel draw, Photoshop, paint, etc. before you can be good in graphic designing.
To start graphic designing business, you will need a laptop and sometimes access to internet. If you think you have all it takes to start graphic designing, advertise yourself within the campus and among your classmates as a graphic designer to start getting jobs. You can also create a website or offer graphic design freelancing service.
Other great Business Ideas for Students in Nigeria
- Paid survey
Paid survey is not actually a business idea but you can be completing surveys online as a student in Nigeria to earn money. There are a lot of Nigerian online paid survey sites you can join. They include;
- Opinion World
- Wrapping up
When you don’t have/know any business idea you can start as a student, begin an online paid survey job.
- Selling of second-hand textbooks
Selling of second-hand textbooks is another easy-to-do business idea for students in Nigeria. Most Nigerian students can’t afford the price of brand new textbook. You’ll make money fast selling second-hand textbooks to such students at the start of the new term.
This kind of business idea is highly profitable when you know how to do it. And you can doing this business while in school and still make good grade.
One good thing about that this business is that with little or no capital, you can start it.
Photographing business is no-longer lucrative as it used to be since the advent of phones and tablets. However, this business is still paying to an extent. All you need to start this kind of business is just digital camera and passport developer.
- Online Mini importation
Online mini importation is a lucrative online business idea to start as student. One good thing about mini importation business is that you can start this business with as little as twenty thousand naira (20K). There are thousand and one products to import as a student ranging from; Fashions, wears to electronics.
Read Also: Part-time Online Business Ideas for students
- Sell on jiji Nigeria
Jiji is a site you can sell or buy stuff from. You can sell second-hand phones, tablets, Ipad, laptops, wrist watch, other electronic gadgets, fashions, etc. There are many other websites similar to Jiji Nigeria, you can sell stuffs online. You’re free to register on any other Jiji similar website.
Read more at…How to buy and sell online on OXL Nigeria now jiji
- Drop shipping
Dropping business is a new business model for entrepreneurs who are good in online marketing. it’s possible to start a drop shipping business with little fund since you don’t need to stock the items/products you are selling. The fastest way to succeed in dropping business is to launch a website that supports a drop shipping business model. Typical example is to use a simple e-commerce platform like Shopify. With Shopify, you don’t need to be a tech scurvy to get it up running, and it has plenty of apps to help you get started and increase sales.
There are several ways to attract prospects, but the most effective option is to start a Facebook ad campaign and student sale promotional campaign. This allows you to generate sales and revenue right from the start. Facebook will allow you to place your offer directly in front of a highly targeted audience.
Read: 55 Small Business Ideas In Nigeria + Secret to Make Million Nairas
- Sell Second-hand clothes/bags
Selling first grade Ok clothes, first grade Okrika bags and shoes is one of the thriving business ideas in campuses and colleges. Because second hand clothes are cheap and durable, Nigeria prefer buying them. If you’re in school now you will agree to this. Door to door (hostel to hostel) marketing and online marketing are the bestselling method.
- Production of campus e-newsletter
Production of campus e-newsletter is a good business idea for students on campus. Take paid advertisement from local business, or do deals to offer readers discounts and competitions. The campus e-newsletter will include but limited Student Union Activities and the happenings in campus.
Waiter is not actually business idea per say but a job. It is for young student who can relate well with people. Most event managers and companies, who run sales promotion often, need the services of waiters. Outside sales promotion, you can serve as a waiter in Conference programme, Restaurant, Wedding feast and Love feast programme
- MC/DJ business
The final but the least on this list of business ideas for student in Nigeria is MC/DJ. It is usually good to start by being a director of social (DOS) or go for training to acquire skills. You can also acquire the MC/DJ skills by going for an entertainment program/shows/outing with professional MC/DJ.
The above are some of the best business ideas for students in Nigeria. But if you want to generate your business idea yourself, you can read…7 solid methods to generate new business ideas.
If you’ve ever got broke in school, you will see reasons to start a business no matter how serious you’re with your academics. While it is highly rewarding beginning a business as an undergraduate; it can become the most difficult task you’ve ever embark upon if you don’t start with the right business idea.
- Five tips for running a successful small business as a student.
- 100+ Profitable Small Business you can start today in Nigeria