This article breaks down practical business ideas you can start with ₦150,000 in Nigeria today. The country is filled with opportunities, especially if you are a smart entrepreneur who can identify gaps in the market and use creativity to maximize limited resources.
Starting a business in Nigeria with a modest budget of ₦150,000 may seem challenging, but with the right idea and strategy, it can become a stepping stone to financial independence.
What business can I start with 150k in Nigeria?
1. Mini Importation and Online Reselling
Mini importation is one of the fastest-growing small businesses you can start with ₦150,000. With ₦150,000, you can import affordable goods such as phone accessories, clothes, or beauty products in small quantities and resell them on WhatsApp, Instagram, or Jiji. The strategy is simple:
- Research trending products in demand.
- Start with two or three categories to test the market.
- Run cheap adverts or use influencers to attract buyers.
- When sales pick up, reinvest your profits into new stock and scale gradually.
2. POS Business / Mobile Money Agent
The POS business is now a vital service in Nigeria. With an investment of ₦150,000,you can get a machine from a bank or fintech, secure a small space, and keep cash for transactions. Location matters most set up near bus stops, markets, or residential areas.
To grow:
- Offer fast, reliable service.
- Provide additional services like airtime and bill payments.
- Build customer trust through consistency.
With this you can see that starting a POS business with ₦150,000 is possible
3. Food and Snack Vending
Food and snack vending business remains one of the safest businesses you can start with 150k. With basic tools like frying pans, grills, and packaging bought from your ₦150,000, you can start selling snacks such as puff-puff, egg rolls, or shawarma.
Set up close to offices, schools, or junctions where there is daily demand. Consistency in taste and hygiene is what keeps customers coming back. Over time, you can add deliveries to attract more sales.
4. Freelance Content Writing and Social Media Management
Content writing and social media management is among online skillful businesses to start with 150k.
If you have writing skills, you can easily turn them into income. With a small investment of ₦150,000 you are able to set up your online presence, invest in training, and subscribe to tools like Canva or Grammarly.
Many SMEs need someone to manage their Instagram or Facebook pages. The steps are:
- Build a simple portfolio showcasing your skills.
- Reach out to small businesses in need of content.
- Offer affordable monthly retainers.
The beauty of this business is that you can run it fully online without renting a shop.
5. Phone Repairs and Accessories Sales
Phones are everywhere, and they often need repairs. With a startup cost ₦150,000, you should be able to buy basic repair tools, learn through a short training, and stock accessories such as chargers, earpieces, and cases.
Position your business near phone shops or crowded areas. Accessories sales give you daily profit, while repairs build a loyal customer base.
Over time, expand into software updates and advanced repairs.
6. Homemade Cosmetics and Soap Production
Soap, creams, and perfume oils sell quickly when branded neatly. With ₦150,000, you can buy raw materials, packaging bottles, and labels. To get started:
- Take a short training in cosmetics or soap-making.
- Produce small samples and share them among friends.
- Use Instagram and WhatsApp to market with quality pictures.
Hygiene and fragrance quality are your selling points. As demand grows, reinvest profits into larger production.
7. Wig Making and Hair Styling
The beauty industry is evergreen and one of the profitable businesses to start with 150k. With ₦150,000, buy hair bundles, mannequins, needles, and styling tools. The way forward includes:
- Learning different wig styles such as closure, frontal, or braided wigs.
- Marketing your work with professional pictures.
- Offering wig revamping to keep old wigs looking new.
8. Baking and Pastry Business
Baking is among the types of businesses to start with 150k. It is always in demand for birthdays and small gatherings. With ₦150,000, buy an oven, baking tools, and ingredients.
To succeed:
- Perfect a few recipes like cupcakes and small chops.
- Advertise them on social media and take pre-orders.
- Supply schools, offices, and events for bulk orders.
9. Recharge Card and Data Resale
Airtime and data reselling is simple but profitable. With ₦150,000, you can become a VTU reseller and make money daily.
The steps are:
- Register with a trusted VTU platform.
- Fund your account to sell airtime, data, and bill payments.
- Target students, office workers, and small shops.
- Ensure customer satisfaction and interactions so as to be able to keep them coming
Though margins are small, the business grows fast with volume and repeat customers.
10. Laundry and Ironing Services
Laundry services is a very profitable business that you can start with 150k. It thrives in cities where professionals lack time for household chores.
With a low start-up cost of ₦150,000, you can buy detergents, irons, and even a second-hand washing machine.
Growth steps include:
- Offering pick-up and delivery services.
- Giving discounts for bulk laundry.
- Packaging clothes neatly in nylon bags.
Please note that timeliness and hygiene are critical if you want referrals and repeat clients.
11. Small Printing and Photocopy Business
This is a 150k business Idea that works best around schools or offices. With a minimal cost of ₦150,000, you are able to buy a used printer, paper, and ink. People need assignments, forms, and official documents printed daily.
To maximize profit:
- Add extra services like laminating and scanning.
- Keep your prices affordable to attract students.
12. Tailoring and Alteration Services
Tailoring is one of the thriving businesses to Start with 150k. It is always in demand because Nigerians love custom-made outfits.
With ₦150,000, you can buy a sewing machine, fabrics, and basic tools. Even if you don’t design full clothes yet, start with alterations such as:
- Fixing zippers and buttons.
- Resizing and repairing clothes.
- Restyling old outfits.
With neat finishing, you’ll quickly earn trust, and word-of-mouth will spread your name.
13. Packaged Foodstuff Business
Repackaging staple foods into smaller quantities is among businesses to start with150k. It makes them accessible to low-income earners.
With an affordable startup cost of ₦150,000, buy rice, garri, or beans in bulk, then package them into 1kg or 2kg nylon bags with your label. Sell at estates, markets, or offices.
Customers trust sellers who maintain accurate measurements and neat packaging, so make that your priority.
14. Small Event Planning and Decoration
This is a viable 150k business idea because people celebrate birthdays and baby showers often, even on a small scale.
With ₦150,000, buy basic decoration props such as balloons, ribbons, and backdrops.
The steps to start include:
- Offering affordable decoration packages.
- Partnering with photographers or bakers for complete deals.
- Posting your event pictures online for visibility.
Starting small helps you build experience before moving into bigger events.
15. Delivery Service with a Motorcycle or Bicycle
Delivery services are one of the best businesses to start with 150k. Online sellers need reliable delivery services. If you own or can rent a bike, ₦150,000 can cover branding, safety gear, and fuel. To succeed:
- Build trust with online vendors by being punctual.
- Handle packages carefully to avoid complaints.
- Offer affordable delivery fees to gain more clients.
Consistency can turn this side hustle into a steady cash flow.
16. Graphic Design and Branding Services
Graphic design is one of the most skillful businesses to start with 150k. It is profitable because businesses always need branding. With a small investment of ₦150,000 you are able to invest in training, buy software subscriptions, and promote your services online.
To grow:
- Create a portfolio of logos, flyers, and banners.
- Target small businesses needing affordable designs.
- Use freelancing platforms like Fiverr to get international clients.
This business scales fast once you build a reputation for creativity and timeliness.
17. Mini Food Processing (Zobo, Pepper Sauce, Groundnut Oil)
Food processing can be counted among the easiest businesses to start with 150k. It allows you to add value to raw items.
With as little as ₦150,000, start producing zobo, groundnut oil, or pepper sauce. Packaging, clean bottles and branded labels make your products stand out. You can sell at shops, events, or through delivery.
Over time, reinvest profits into better equipment, register with NAFDAC and expand into a company.
18. Groceries
Groceries are daily essentials, and petty trading brings regular sales. With ₦150,000, stock fast-moving items like rice, seasonings, beverages, and toiletries.
The steps are:
- Start with a kiosk or use your home space.
- Keep your prices affordable but competitive.
- Add small home delivery for nearby customers.
Customer friendliness and availability of goods will keep people returning to you.
19. Online Tutoring and Digital Courses
Online Tutoring is an online 150k business ideas that is very profitable. Education is moving online, and people pay for knowledge.
With ₦150,000, you can invest in teaching tools like a ring light, stable internet, and course-hosting platforms.
To succeed:
- Teach a subject you’re skilled in or a digital skill in demand.
- Record video lessons and sell them online.
- Create WhatsApp or Telegram groups for paid tutoring.
This is a scalable business with little overhead once you have your materials ready.
20. Photography for Events and Products
Photography is among the skilful Businesses to start with 150k. It is in constant demand for birthdays, weddings, and product promotion.
With a startup cost of ₦150,000, you should be able to buy lighting kits, tripods, or even a second-hand camera.
To stand out:
- Start with small events and product shoots.
- Showcase your work on Instagram for visibility.
- Offer affordable packages to attract referrals.
Quality pictures will speak for you, and your reputation will quickly spread.
Frequently Asked Questions on businesses to start with 150k in Nigeria
1. What can I start with ₦150,000 in Nigeria?
You can begin low-capital businesses such as POS, food vending, mini importation, laundry services, wig-making, or petty trading. These ventures require minimal setup and offer steady income opportunities
1. What is the best business to start with ₦150,000 in Nigeria in 2025?
The best depends on your interest and location, but mini importation, POS services, food vending, and wig-making stand out as highly profitable and easy to manage.
2. How do I start a POS business with ₦150,000?
With this budget, you can:
- Get a POS machine from a bank or fintech provider.
- Reserve ₦50k–₦70k as cash float.
- Rent a kiosk in a busy area.
3. Can I start mini importation with ₦150,000?
Yes. You can import trending items like fashion accessories, gadgets, or skincare products in small quantities and resell on Instagram, Jiji, or WhatsApp for high margins.
4. Which food business is realistic with ₦150,000?
You can run a small snacks stall (puff-puff, meat pies, shawarma) or a cooked-food delivery service. Good taste, hygiene, and location determine success.
5. How do I use ₦150,000 to start a laundry service?
Buy basic washing tools, an iron, and an ironing board. Offer pickup and delivery to busy clients, and use good branding to attract more customers.
6. Can I start a phone repair and accessories business with ₦150,000?
Absolutely. Invest in essential repair tools and stock popular accessories like chargers and screen guards. A busy market or roadside spot will help you grow fast.
7. What online businesses can I start with ₦150,000?
Options include content writing, freelance design, social media management, mini e-commerce, and online tutoring. These rely more on skills than heavy equipment.
8. Which business under ₦150,000 brings daily income?
POS services, petty trading, food/snacks vending, and airtime/data resale often provide daily turnover, making them reliable for consistent income.
9. How do I start a thrift clothing (Okrika) business with ₦150,000?
Buy bales of thrift clothes from popular markets like Katangowa (Lagos) or Aba. Sort, wash, and resell in smaller quantities through social media or roadside stalls.
10. Is catering or food delivery possible with ₦150,000?
Yes. Start from home, prepare affordable meals, and deliver to workers, students, or offices. Packaging and customer service will help you stand out.
11. What services can I offer with ₦150,000 if I have skills?
Services like photography, graphic design, makeup artistry, tailoring, and cleaning services can be launched on this budget. Most require tools, training, and good marketing.
12. How can I grow a ₦150,000 business into something bigger?
Start small, reinvest profits, and focus on customer trust. Use social media for visibility, and gradually expand your offerings as revenue increases.
13. What is the best business to start ₦150,000 start?
Mini importation, thrift clothing, and POS businesses scale quickly with reinvestment. Their demand and turnover make them easy to grow from small operations into bigger ventures.
14. How sustainable is food vending with ₦150,000 startup?
Food vending is very sustainable since people eat daily. With good hygiene, tasty meals, and a strategic location, it guarantees steady customers and reliable profits.
15. What daily income businesses can be started with ₦150,000?
Daily income options include POS services, food vending, petty trading, data/airtime resale, and laundry. These businesses offer quick turnover and consistent cash flow when well managed.
16. Is wig-making a good business with ₦150,000?
Yes. Wig-making is profitable, and ₦150,000 can cover training, bundles, and tools. Start with revamping services before moving into premium wigs for higher returns.
17. How do I choose the right business to start with ₦150,000?
Select a business that matches your skills, location, and demand. Focus on consistency, reinvest profits, and build customer trust to grow sustainably
18. How quickly can I recoup ₦150,000 in a laundry business?
You can recover your investment within 3–6 months if you serve steady clients, maintain quality service, and add pickup or delivery options
Conclusion
Opening a business in Nigeria with as little as ₦150,000 is very achievable. The 150k business ideas shared above, when combined with creativity, consistency, and smart reinvestment, can yield impressive results.
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