Here are 4 quick profit-making opportunities

diamond hope

February 5, 2018 3:14 PM

As the economy is yet to improve, Nigerians have taken to exploring other ways of earning money.

With the recession in Nigeria, it is a great idea to explore other streams of income other than just wages and there are a lot of quick profit-making opportunities to go into.

Currently, there are a vast number of businesses a person can explore but here are 4 of those quick profit-making opportunities.

1. Establishing tutorial centers

Aspiring to start a tutorial center is a wonderful idea, as it is a profitable business considering the fact that Nigerians are increasingly getting conscious of the importance of education for their kids. An educational tutorial center for JAMB, WAEC, NECO, ICAN and even adult literacy classes would surely bring in a steady stream of income to its investor.

2. Setting up a travel agency

Travel agents help to facilitate passport and visa procurement, hotel bookings in countries of destination, and tour arrangements for clients, at agreed fees. With the way Nigerians migrate daily and travel regularly, this is a business that will provide a means to generate quick profit.

3. Sports betting center

In Nigeria, this is currently a growing business that is growing and succeeding in generating profit for businesses. Most sports betting centers supplement their earnings by using the free space available as football viewing centers.

4. An alcoholic bar

Nigeria ranks among the highest consumers of liquor in the world with drinking bars and parlors located at every nook and cranny in the country. Despite the usual complaint of economic crunch nationwide, it is still a thriving business in the country.

diamond hope