Here are the top five most lucrative businesses for 2024.
MOBILE FOOD VENDORS
While starting a mobile food vendor business, one needs to have learned or possess cooking skills, which will give you a sharp edge over your competitors, as you have many alternatives like eateries, restaurants, and other mobile food vendors racing to have your customers.
Your ability to prepare delicious, nice, and affordable meals will set you above your competitors. You can get this business started with as little as N50,000.
ONLINE ADVERTISING FIRM
Advertising is one thing any business needs, and with social media being the new marketplace, why not jump right into this business?
This has to be one of the most lucrative and fastest money wells of the new age. In 2018, almost $400 billion was spent on online advertising globally.
From blogs to social media, websites, newspapers, search engines, applications, and games, this industry is taking over the world.
Setting up an internet advertising agency will allow you to capitalize on this opportunity and generate money quickly and you can achieve this with as little as N100,000.