NewStats: 3,259,772 , 8,170,875 topics. Date: Sunday, 25 May 2025 at 11:58 PM b21o

Hello, Beautiful Morning to you all.

I have 5million naira. I want to do business which business should I go into?

kakaflex:
Hello, Beautiful Morning to you all.

I have 5million naira. I want to do business which business should I go into?

don't go into business o

GET A FINANCIAL MENTOR FIRST.
no need to rush.... else you may regret.

FINANCIAL EDUCATION IS THE BEST INVESTMENT.
There is no point coming here to ask strangers who don't know you or care about you, something as sensitive as this.

YOUR 5M should be saved in dollars, while you go and find financial mentors and get proper financial education. Pls o.... dont recycle pain again in 2025, considering all the things you have put your hand and money into in previous years.

Business is tied to personality, once the personality is there, then the business will be easy


A mentor should guide you into profit.... that's my point.

Have a nice day.

The problem with the 'mentor' suggestion above is that in Nigeria, it's difficult to access business mentors! Everybody is hiding their business knowledge.

How about partnering with me for weekly remittance, I'm an Uber driver who is good with cars, hard-working, and i know Abuja roads very well. This is what I've been into the past 4 years plus, I'm not driving at the moment because my last partner got a visa, so he had to sell the car and japa.

N5m will get you a 2004 - 2007 Corolla that has a sound engine suitable for the job, that you will be getting your N35k every week for years.

I have friends who sell cars so getting a sound car will not be an issue.

Let's chat more if you're interested in exploring this business idea, thanks!

08136337484

Five million is a alot of money to start many things, when you start small. The question is, what are the things? Not just anything, but the one you have ion for and its also lucrative. But OP, if your career(salary job) is giving you alot of money, why considering business?

blackpanthar:


don't go into business o

GET A FINANCIAL MENTOR FIRST.
no need to rush.... else you may regret.

FINANCIAL EDUCATION IS THE BEST INVESTMENT.
There is no point coming here to ask strangers who don't know you or care about you, something as sensitive as this.

YOUR 5M should be saved in dollars, while you go and find financial mentors and get proper financial education. Pls o.... dont recycle pain again in 2025, considering all the things you have put your hand and money into in previous years.

Business is tied to personality, once the personality is there, then the business will be easy


A mentor should guide you into profit.... that's my point.

Have a nice day.

Thank you

Love800:
Five million is a alot of money to start many things, when you start small. The question is, what are the things? Not just anything, but the one you have ion for and its also lucrative. But OP, if your career(salary job) is giving you alot of money, why considering business?

Retirement will surely come, what will I be doing after Retirement

Alright.

kakaflex:


Retirement will surely come, what will I be doing after Retirement

kakaflex:
Hello, Beautiful Morning to you all.

I have 5million naira. I want to do business which business should I go into?

Do business related to essential human needs

Food
Shelter and accommodation
Clothing
Security
Technology

Why?
Because they are necessaries and always needed by human. There will always be DEMAND

They solve relevant problems. There will always be a MARKET for them.

ADVICE
Whatever business you decide to do, please have at least basic knowledge of the industry, develop an entrepreneur mindset and do your due diligence.

I hope you start and succeed.

Yours manly,
Manspace

kakaflex:
Hello, Beautiful Morning to you all.

I have 5million naira. I want to do business which business should I go into?

you can invest in Rice supply/Rice destoning bizness. Very lucrative bizness cus Nigerians must eat rice no matter what you know.

Whatever business you choose, start on a small scale first, say 500k to 1million

goods2017:
Whatever business you choose, start on a small scale first, say 500k to 1million

Good advice

Bizmind95:
you can invest in Rice supply/Rice destoning bizness. Very lucrative bizness cus Nigerians must eat rice no matter what you know.

How can i go about it

kakaflex:
Hello, Beautiful Morning to you all.

I have 5million naira. I want to do business which business should I go into?

first start by forgetting about the money and buy this three books and study it, No Excuse by Brian Tracy, Goals by same Author then look for Millionaire Fastlane. Meanwhile I know a digital system you can create with not more than 500k that can be giving you good income as ive income. Take a look at the screenshot I sent, its all about selling digital products or providing digital services to foreigners , if you are interested chat me up on 08089456258

kakaflex:


How can i go about it

you can WhatsApp me on 09029541178, let's talk

kakaflex:
Hello, Beautiful Morning to you all.

I have 5million naira. I want to do business which business should I go into?

Most people telling you to DM or them are likely either scammers or looking to make you a 'customer'.
Be careful.

Invest 10% of your funds on educating yourself and getting internet facilities-
High speed internet, a good laptop, etc

Take your time. There will always be risks, so it's better to know them and plan contingencies.

Look into your current job, ions or expertise and see how to use each of them to pivot into the business world.

While learning, invest the rest of the funds into a high yield instrument. Look for something that gives a yearly ROI above the inflation rate.
I know a few REITs that did so last year. Ask your bank for information.

Lastly, once you have some firm ideas, get your bank's business and marketing plan forms. Fill them. Book an appointment with the bank's business manager and go through the details.

And pray.
Pray hard.
God speed.
God bless 🇳🇬