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.

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.”