Nigerian man with N1.5M seeks advice on profitable business to invest on

A Nigerian man garners numerous opinions from online users as he pleads for lucrative business opportunities he could invest in with N1.5M.

Armed with N1.5 million, he was eager to make a wise investment that could generate substantial income, hence, his quest for knowledge.

Recognizing the importance of prudent financial decisions, he reached out for guidance, seeking assistance from an influencer, @jon_d_doe on X to help identify a suitable business venture and prevent any potential wastage of his funds.

“Good morning High chief, I am sorry for breaking No DM rules. Please sir, I need your followers advice on this sir. I have N1.5M I wanted to invest but I don’t know the kind of investment I can do that will yield good income and I don’t want squander the money because money is not easy to get this day. Kindly assist to put this out. Thanks,” he wrote.

Nigerian man with N1.5M seeks advice on profitable business ideas to invest on

Business ideas from netizens to invest N1.5M

A_usti said: “Lease land. Learn an Agric skill. Do your research. I suggest cash crops. Start small. Thank me later.”

Emmanuel said: “If you want a daily income business that you can do from any location, then learn the digital skill OTC TRADING. It’s a low risk but rewarding business model that you grasp in a very short period of time. If you want medium-long term investments, invest in Nigeria stock market.”

Keymanh_ reacted: “Use am buy fuel at the current price. Drive into a very thick Bush. Build a shade and house it there. That money will triple before March 2024.”

arike_jane said: “There are lucrative businesses you can do and yield profit. Business like palm oil, Grain storage, Drinks business. If you have a land you are not using you can build small place,and go into pig farming the business is very lucrative talking from experience.”

seundavidpaul penned: “First lock the money down in your account for a short term to yield interest. Secondly, study your immediate environment to know the needs the people are lacking or scarce. Once you discover it/them, devise how to proffer solutions to that by making such available or more available to them. Make your business is very customer friendly. “Make sure the prices for the goods/services you are about to offer have little or no difference from other places. Finally, don’t expect much profit for some time, keep going and networking, there will be a great difference after later.”

Jussblaze9 said: “As at early November a bag of saesem seed was 65k. Now it is 130k. You would have doubled that cash. Palm oil season is coming. Buy store & sell later, u will make about 70% gain. Then buy gnut & continue the circle, you go blow in few years. This is just a tip of the iceberg.” 

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