17 Businesses A Student Can Start With N2,000 To N5,000 In Nigeria

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Being a student in Nigeria comes with its fair share of challenges, especially when it comes to financial stability. With the ever-rising cost of living and the demands of academic life, many students find themselves in need of additional income.

Fortunately, with a little creativity and a modest investment ranging from 2k to 5k Naira, there are several business opportunities that students can explore to earn extra income. Whether online or offline, these business ideas offer a way to balance studies with entrepreneurship.

Here are 17 lucrative business ideas tailored for Nigerian students:

Business Ideas Requiring a 5k Naira Investment:

  1. Campus Tutoring:
    • Offer tutoring services for subjects or courses you excel in.
    • Conduct private or group classes for fellow students.
    • Advertise your services through flyers or social media.
  2. Laptop Software Troubleshooting:
    • Provide troubleshooting and repair services for laptops.
    • Target students and nearby businesses as your clientele.
    • Ensure you have necessary software and tools for diagnostics.
  3. Grow & Sell Facebook Accounts & Pages:
    • Create and grow Facebook pages mimicking popular themes.
    • Post engaging content to attract followers.
    • Monetize by selling the pages to interested buyers.
  4. Smartphone Graphics Design using Canva:
    • Utilize Canva to offer graphic design services.
    • Create logos, social media posts, and other visual content.
    • Showcase your work on social media platforms for promotion.
  5. Become a Virtual Assistant:
    • Offer administrative support services remotely.
    • Manage calendars, handle email communications, and more.
    • Join freelance platforms like Upwork or Fiverr to find clients.
  6. Become a Jumia Jforce Agent:
    • Register as a Jumia Jforce agent to earn commissions.
    • Assist customers in placing orders on the Jumia platform.
    • Promote products to friends, colleagues, and on social media.
  7. Give Music Lessons:
    • Utilize your musical skills to offer lessons.
    • Teach instruments or vocals to interested students.
    • Advertise your services through church programs, social media, and word-of-mouth.
  8. Content Writing:
    • Offer writing services for term papers, assignments, and articles.
    • Build a portfolio showcasing your writing skills.
    • Advertise your services through social media and network with students.
  9. Use ChatGPT to Write and Sell Articles & Ads Copy:
    • Utilize ChatGPT to create engaging content and advertisements.
    • Offer writing services to businesses and individuals.
    • Promote your services through social media and campus networks.
  10. Affiliate Marketing: Promote Online Courses:
    • Join affiliate programs for online courses.
    • Promote courses using your social media platforms.
    • Earn commissions for every successful referral.

Business Ideas Requiring a 2k Naira Investment:

  1. Grow & Sell TikTok Accounts:
    • Create and grow TikTok accounts in specific niches.
    • Produce engaging content to attract followers.
    • Sell established accounts to interested buyers.
  2. Crypto Airdrop & AMA Farming:
    • Participate in cryptocurrency airdrops and AMA sessions.
    • Stay updated on crypto projects offering rewards.
    • Engage in discussions and activities to earn cryptocurrency rewards.
  3. Offer Dance Lessons:
    • Provide dance lessons for interested students.
    • Choose a specific dance style or genre to focus on.
    • Advertise your lessons through flyers, social media, and campus events.
  4. Writing of Term Papers & Assignments:
    • Offer assistance with term papers and assignments.
    • Create awareness about your services among fellow students.
    • Maintain professionalism and deliver high-quality work.
  5. Become a Fitness Instructor:
    • Offer fitness classes or tutorials for students.
    • Host sessions in open spaces or rented studios.
    • Promote your services through social media and word-of-mouth.
  6. Sell Stock Photos on Freepick or Shutterstock:
    • Capture and sell stock photos online.
    • Use a smartphone or camera to take high-quality images.
    • Upload photos to stock photo platforms for sale.
  7. Grow and Sell Pinterest Accounts:
    • Grow Pinterest accounts in specific niches.
    • Share engaging content to attract followers.
    • Sell established accounts to interested buyers.


In conclusion, students in Nigeria can leverage their skills and resources to start profitable businesses with minimal investment. Whether it’s offering tutoring services, providing technical support, or engaging in online entrepreneurship, there are numerous opportunities available.

By exploring these business ideas and taking action, students can earn extra income while pursuing their academic goals. With determination and dedication, success is within reach for aspiring student entrepreneurs in Nigeria.