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13 Untapped Business Opportunities in Lagos

Last updated on December 20th, 2023 at 07:54 am

Are you looking for business opportunities in Lagos? In this blog post, you are going to learn about 13 untapped business ideas in Lagos.

Some of the most successful businesses on the planet are those that have found ways to tap into an untapped market. 

These opportunities can exist in any industry, and they are often overlooked because people don’t know where to look for them. 

In this blog post, we will give you seven examples of these business opportunities in Lagos that might exist near you right now.

1). Man Power Hiring Agency 

There are many people in Lagos who need work, but they lack the experience to land a job. 

You can start by offering part-time or temporary positions that require little skill and provide them with some much-needed cash flow until they find more permanent employment elsewhere.

2). Security Agency 

Many people are concerned about their safety and the security of their property in Lagos. 

If you used your detective skills to create a business that protects people, then you could charge them an hourly rate for your services or help them find insurance companies that will cover this type of risk.

3). Cleaning services 

This is another one of the business opportunities in Lagos.

A lot of people do not have the time or desire to clean their own homes. 

If this is something that you enjoy doing, then you could launch a cleaning business and charge your customers an hourly rate for regular visits or a one-time deep clean in which everything is scrubbed from top to bottom.

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4). Distribution Business 

Many people have a product or service that they love to offer, but no one is buying it.

If you start working as their distributor and market the items on your own social media accounts, then you could earn an upfront fee for each purchase made through your efforts. 

You can also take advantage of this business opportunity by selling other distributors’ goods in exchange for a percentage of sales.

5). Start a Blog 

This is another one of the business opportunities in Lagos.

There are many different types of blogs in Nigeria that you can start, which means there is room for a lot more. 

If you enjoy writing and sharing your knowledge with others, then this could be the perfect business opportunity for you. 

You’ll need to determine what you want to write about first; however, once that decision has been made, it’s time to build an audience for yourself by marketing on social media platforms like Facebook or Twitter.

In fact, you can start a blog or forum about Lagos!

6). Dropshipping Business     

If you have an eye for style and enjoy getting your friends to buy things they probably don’t need, then starting a dropshipping business in Lagos could be the perfect opportunity for you. 

You would start by selling items on social media or through other online platforms at least once every week or two weeks. 

Then, when someone makes a purchase from your page, you simply order the items yourself and ship them directly to that customer without charging them any additional fees (you will pay shipping costs). 

Your first step is finding suppliers who are interested in working with new businesses; however, this can become easier as time passes if you’re consistent about promoting their products within social circles of influencers like bloggers or popular Facebook pages.

7). Website Rentals     

One of my favorite and untapped business opportunities in Lagos!

Many people have a website that they no longer need, which means you could rent it out to them for monthly fees. 

This is known as website renting and can be done through sites like Rent My Site

You’ll want to keep in mind that this will require some upfront capital, so you should only consider doing it if your surplus site has good enough SEO rankings or social media followers (or both) to attract new customers on its own.

8). Home Schooling Service Provider    

If you are passionate about education, then starting a homeschooling service could be the perfect business opportunity for you in Lagos. 

You might want to start by offering in-home tutoring or after-school programs that serve elementary-age children before expanding your offerings to middle and high school students later on.

9). Shared/Co-working Space     

One of the fastest and most in-demand business opportunities in Lagos.

If you enjoy working in an office setting but don’t need to actually own the space, then this could be a good business opportunity for you.

You’ll want to find a location that is centrally located and large enough for several people to work comfortably in at once.

However, it will not be your responsibility to maintain the building or furnishings beyond what is necessary (there will likely already be furniture in place).

10). Dance Studio   

If you are passionate about dance and enjoy teaching others, then starting a dance studio in Lagos could be the perfect business opportunity for you. 

You’ll likely need to hire instructors, assistants, cleaners, and maintenance workers in order to keep your studio running smoothly.

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However, once that has been done, it’s merely a matter of marketing through social media platforms like Facebook or Instagram in Lagos while keeping an eye out for approaching competitors who might poach your best students away from you.

11). Amazon Kindle Publishing 

If you enjoy writing and sharing your knowledge with others, then starting an Amazon Kindle publishing business could be the perfect business opportunity in Lagos for you. 

You’ll want to start by creating a blog where you write about what interests people in your target market; after that, it’s as simple as promoting those posts through social media platforms like Facebook or Twitter while hiring freelancers to help edit/format them into eBooks which can later be sold on Amazon.

12). SEO Services 

SEO services are becoming more popular every day, making it one of the best business opportunities in Lagos because of how valuable they have become for businesses that rely heavily upon their web traffic. 

However, this is also making these opportunities harder to find since there are so many service providers now offering related expertise (which means customers will need several options to choose from). 

Thus, as a business owner with SEO expertise in Lagos, you could easily attract new clients simply by being an original resource for those who are having trouble deciding which service provider they should go with.

13). Etsy Store Owner 

If you have a unique talent or skill that allows you to create one-of-a-kind items (for example handmade jewelry), then opening your own Etsy store might be the perfect opportunity for you. 

You’ll need to get familiarized with the policies and procedures of selling on this platform.

However, once that is done there’s nothing stopping customers around the world from discovering your amazing products!

In addition to these 13 business ideas in Lagos, there are many more opportunities available just waiting to be discovered! 

Feel free to share any thoughts about how others might find untapped business opportunities in Lagos within our comments section below.

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