Starting a business in Nigeria can be challenging, especially when you have limited capital. However, with proper planning and the right strategy, you can start a lucrative business with just 100k. Here are some of the profitable business ideas you can consider:

1. Poultry Farming

Poultry farming is a profitable business that requires a small capital investment. With 100k, you can start with a few chickens and gradually increase your stock as the business grows. You can sell eggs, chicken, and other poultry products in your local market or to wholesalers.

2. Soap Making

Soap making is another lucrative business that you can start with 100k in Nigeria. You can make different types of soap, such as bar soap, liquid soap, and laundry soap, and sell them to retailers or directly to consumers.

3. Snail Farming

Snail farming is an untapped business opportunity in Nigeria. With 100k, you can start a small snail farm and grow your business over time. You can sell snails to local restaurants, supermarkets, and individuals looking for a healthy protein source.

4. Freelance Writing

If you have a talent for writing, you can start a freelance writing business with just 100k. You can write blog posts, articles, and other types of content for businesses and individuals. As you gain more clients, you can expand your business and increase your income.

5. Event Planning

Event planning is a growing industry in Nigeria, and you can start your own event planning business with just 100k. You can plan and organize events such as weddings, birthdays, and corporate events for clients. With excellent organizational and networking skills, you can grow your business and increase your profits over time.

In conclusion, starting a business with 100k in Nigeria is possible, and there are many opportunities to explore. With the right mindset and determination, you can turn your small investment into a successful and lucrative business.