Lagos state is one of the 36 states in Nigeria located in the South-Western part of the country. It is the most populated state in Nigeria. It shares borders with Benin, Ogun state, and the Benin Republic.

The major languages spoken in Lagos are Yoruba and English. The people of Lagos are known to be real hustlers. It is where the money is made.

The major sources of income for people in Lagos state are commerce and trade, the government, real estate, transportation, and importation.

20 Best Businesses Opportunities in Lagos

1. Food catering: Because Lagos is a busy metropolis, residents rarely have time to make breakfast or lunch every day. This is the main reason why people choose to eat at restaurants. You might take advantage of this chance and launch a food delivery service in the region. You can bring lunch or breakfast to workplaces and make some nice money doing it.

2. Fitness instructor: Many citizens of the city like maintaining their physical fitness. They look forward to working out, getting massages, and staying in shape with the help of fitness trainers or gyms. The initial investment for this firm is not very large. If you are good at staying in shape and you know how to help others become in shape, you should be well set. characteristics of a quality fitness instructor.

Related: Small Business Ideas to Start in Lagos.

3. Event planning: Lagos hosts celebrations every day of the year. You can earn money by working as an event planner. You might decide to plan events such as engagement parties, baby showers, weddings, and birthdays. All you need is a website where others may see your work.

4. Fashion design: Local designers are quite popular among Nigerians and Lagos residents in particular. In Lagos, there has been an increase in demand for Aso Ebi. If planned and carried out properly, starting a fashion business in Lagos, particularly for women, may be a big success.

5. Travel & Tourism: Lagos has recently seen an increase in foreign visitors, mostly for leisure travel. You can work as a tour guide and assist visitors while they discover Lagos, a city in Nigeria. You can look into the ticketing, visa processing, and hotel reservations industries.

Related: Creative Business Marketing Ideas.

6. Hair Salon: You could set up a mobile hair salon that is fully equipped with all the tools and equipment needed for such services, then go around offering these services to people who would prefer to get their hair done in the comfort of their homes. The traffic and hassles of moving around Lagos can be very discouraging for those who need to get their hair done at a salon.

7. Meat and Vegetable Delivery: You can start a door-to-door delivery service for meat and vegetables. You can make it simpler for individuals to obtain access to fresh meat and veggies from the convenience of their homes by providing this service.

8. Fruit Basket Shipping: Additionally, this service meets the growing need for fitness and healthy living in Lagos and throughout Nigeria. Nowadays, many people make their natural fruit juice and smoothies instead of carbonated and sugar-filled drinks because they recognize the value of consuming fruits. With a fruit basket delivery business that gives individuals easy access to fresh fruits at reasonable prices, you can start selling fruits.

9. Dropshipping: If you want to take advantage of the online business trend but lack the resources to buy stock, you might want to think about employing dropshipping. On websites like Konga, Jumia, JiJi, OLX, and others, you may create your online store and look for goods to sell. When a consumer buys the item from your store, you just deduct your profits and send the Jumia or Konga seller the buyer's address so they may ship the item directly to your customer as though you were the original seller. This is a common business strategy in industrialized nations, and it can help you generate healthy earnings.

10. Bars and restaurants: You can open a bar and restaurant in Lagos where guests can eat and drink.

11. Dance studio: Nigerian culture places a lot of emphasis on dancing. The Nigerian entertainment industry adopts a new dance style each year. You might open a dancing facility where people could learn the newest dance styles, or where engaged couples could sign up for dance lessons to prepare for their big day.

12. Writing for blogs, book publishers, and online marketers is a simple way for many Lagosians to earn money from the comfort of their homes. This is a business concept to take into consideration if you're seeking an internet-based venture that will earn you a sizable profit.

Related: How to get your business going on a low budget.

13. Room rentals: If you're up on business trends, you've probably heard of Air B'n'B, a website that lets you rent out a bedroom or other area of your home to tourists and transient guests. Using this service, you can generate income from spare living space by renting out your property as a short-term bed & breakfast. Since many tourists and foreign business people visit Lagos, you could want to think about establishing something similar since we don't yet have it in Lagos.

14. Home Cleaning Service

15. Cab service: Considering how many people go in and out of Lagos every day, starting your own cab business is always a good idea. Lagos taxi drivers earn roughly N10,000 per day. The advantage is that you may start small with one vehicle and progressively expand your fleet. If you are unable to operate the vehicle personally, you can hire a driver to provide daily reports.

16. Real estate agents: If there is one group of professionals and laypeople in Lagos that has the upper hand, it is this group. Housing is a major issue in Lagos, as it is in most overpopulated cities, and estate brokers are relying on this tendency to take advantage of desperate property buyers. Real estate agents can earn substantial commissions by really assisting clients in securing their ideal residences.

17. Employment Agency: You are already aware of Nigeria's unemployment issues with Lagos having the highest rate of unemployed people, we won't put much emphasis on this business opportunity (graduates and non-graduates). You will make money with your employment agency in Lagos by connecting job searchers with organizations looking for qualified candidates to fill open vacancies.

18. Photography/Videography: Starting digital photography or video recording business is another option. Visitors who want to capture the moment can be photographed at event venues. You might take it a step further and start a photography studio if you have the money to invest.

19. Daycare Center: If you are good at taking care of children, then this is a good business idea to start. You can open a daycare centre and take care of children in place of their parents for a few hours. All you need is to get a license, a place, and equipment to aid the work.

20. Furniture Business: This is one of the most lucrative businesses in ----. The demand for the products made is high. People always use furniture, in their homes, office, business, market, etc. if you have good carpentry skills, you can open a carpentry shop where you produce different kinds of furniture of various designs and purposes. You can also employ people to help, with time you can grow big and start making big supplies.

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