5 New Business Ideas in Nigeria Right Now

Nigerians are becoming more business inclined than ever. Some decades ago, only a small fraction of Nigerians were involved in business. Even the few that were involved in business weren’t doing innovative businesses. Everyone was just copying each other.

It was such an embarrassing period for as Nigerians; a period when we imported almost everything even things as little as detergents. Imagine have to import soaps and detergents that are so easy and cheap to manufacture.

But thankfully, things are improving now. Nigerians are becoming more enlightened and more involved in innovation and new lucrative business ideas are surfacing daily.

Some of the most lucrative businesses in Nigeria right now include-:

E-Commerce

You’ve probably heard of websites like Konga, Jumia and several other online stores. These are e-commerce websites. They simply make money be selling stuffs to people online. Gone are the days when people enjoyed driving or walking around the city all in the name of shopping.

These days, people are just too busy for that. They simply want an easy shopping system, a system that allows them to look through various categories of preferred items online, make a choice and then have it delivered to their homes or offices without moving an inch. E-commerce is the new money spinner in Nigeria right now.

Herbal beer and drinks making

Well, you’ve probably heard of brands like Alomo bitters, Orijin, Oshomo, Kerewa and the likes. Those things sell like crazy in Nigeria right now.

You can start your own herbal beer and making business too. You don’t necessarily have to start it on a large scale; you could start on a very small scale, register with NAFDAC, get a good formula for your brew and start marketing your brand.

But if you have to start on a large scale, you could look for investors who would be interested in partnering with you.

Escrow payment services

Like I already mentioned above, Nigerians are seriously embracing the idea of shopping online. However, there still lies a problem which needs to be solved.

Many online retailers have abused the system in the past; some of them take payments for goods and refuse to deliver them to the buyers. This is why the need for an escrow payment system became paramount.

An escrow payment services provider acts as a middleman between the buyer and seller and helps to protect both of their Interests. Money paid for items online are kept in the care of the escrow services provider and the money isn’t released to the seller until the buyer has confirmed receipt of the items. This way, both buyers and sellers are duly protected.

Internet services provider

A large percentage of Nigerians own smartphones, laptops and all other devices that need to be connected to the internet. This makes provision of internet services a very lucrative business.

Although there are some companies already providing these services, there is still room for more investors to join in.

Clothing line

Nigerians are still importing clothes from other countries and if you ask me, I’ll say that’s quite shameful. All it takes to produce clothes that would match international standard are the right set of equipment and expertise.

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Tara Reid Net Worth and Salary: Tara Reid is an American actress/model who has a net worth of $2 million. Although Tara Reid began her career as a child actress, she eventually became one of the most recognizable figures in Hollywood. Tara is probably best known for her roles in the “American Pie” film franchise, although she has appeared in many other films. She is also an accomplished television actress who has appeared in a range of shows (both reality TV and normal series).Early Life: Tara Donna Reid was born on November 8th of 1975 in Wyckoff, New Jersey. Raised alongside twin siblings and a brother by two teachers, Tara attended a Catholic elementary school before attending high school in New Jersey and Los Angeles. She eventually graduated from an alternative high school in New Jersey. During her childhood, Tara also spent time in Manhattan and attended the Professional Children’s School with future actors like Christina Ricci, Jerry O’Connell, Sarah Michelle Gellar, and Macaulay Culkin.Career: Tara Reid started her acting career at the age of six, appearing on the game show “Child’s Play.” She also appeared in a range of commercials as a child, and by her teen years she was appearing on the show “Saved by the Bell: The New Class.” In 1997, Tara moved to Hollywood and landed a breakthrough role in “The Big Lebowski,” playing a trophy wife and a former pornstar. She followed up with a role in “Urban Legend” before booking a minor part in “Cruel Intentions.”Although Reid was an established actress by this point, her true breakthrough came when she appeared in the 1999 film “American Pie.” The film reached the number one spot at the box office and elevated her to widespread fame. She later reprised her role in “American Pie 2” and “American Reunion.” Although she was massively famous after “American Pie 2,” she made an ill-advised decision to join the casts of “Josie and the Pussycats” and “Van Wilder,” both of which were critical and commercial flops.In 2000, Reid appeared alongside Richard Gere in “Dr. T & the Women” before landing a role in the series “Scrubs.” She drew critical jabs once again after appearing in the film “My Boss’s Daughter” in 2003. In 2005, she appeared in “Alone in the Dark.”  Throughout the next few years, she appeared in a range of direct-to-video films. In 2011, Tara appeared on the reality show “Celebrity Big Brother 8.” In 2013, she appeared in the film “Sharknado,” later reprising her earlier role in all five of the film’s sequels.Fashion: As a model, Reid has appeared on the covers of CosmoGirl, Rolling Stone, Seventeen, Maxim, Playboy, Stuff, and FHM. Tara is also known for creating her own fashion lines, and in 2009 she debuted a clothing line with designer Christian Audigier. In 2014, Reid released a swimwear line and a perfume, both of which were sold under the brand “Shark by Tara.”Brand Endorsements: Tara Reid has supplemented her income with a number of commercial roles over the years. She has appeared in television advertisements for brands like Jello, McDonald’s, Dodo Australia, and Crayola.Other Ventures: Tara Reid is an established restaurateur.  In 2007, reports suggested that Tara had shares in three different restaurants in Los Angeles. In addition, she opened another fast-food establishment in the city at a later date.Relationships: In 2000, Tara Reid started dating TV personality Carson Daly. They lived together in New York City, and Daly eventually proposed. However, one year later the pair split up and called off the engagement. 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According to the documents, Tara Reid was paid $125,000 to appear in “Sharknado 5,” and $175,000 to appear in “The Last Sharknado: It’s About Time.” It’s not clear what her salary was for the earlier installments, but one can assume that her salary increased as more films were released.
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