Home Student & Career Tips Top 10 Profitable Things To Invest In 2020

Top 10 Profitable Things To Invest In 2020

This article contains the top 10 profitable things to invest in this year 2020.

Top 10 Profitable Things To Invest In 2020

Money mismanagement has left many in unforeseen penury. It is one thing to have money and another thing to know how to manage and sustain it. People have different attitudes towards money handling, some people will be lucky to get millions today and the next thing on their mind will be to paint the town red, another person will think of fixing the money in a bank while someone else may come up with investment ideas. Different strokes for different folks.

How do you handle your money? Remember money doesn’t last forever. Investment is a proven and sure way to avoid such situations. Investing your money in a good business offers you the opportunity to make more money, but, not too many people have the investment mindset.

It is good to save in banks but instead of tying your money to a bank that trades with it, why not think of investing some of your money in a business. Investments are sure ways of securing a bright future.

According to Akin Alabi in one of his books “Small business Big money”, it is risky to invest in a business based on the assumption that there are customers. Instead, look for an available market first, find out what people want and how best to solve it. These are important things to consider before you think of investing in a business.

If have done this successfully and you’re confused on which option to go for, below are profitable things to invest in and be sure of regular visits to the bank.


During the oil boom era, we paid little or no attention to Agriculture. Everyone was interested in the oil business, neglecting the fortunes that could be made from Agriculture. As the oil sector could sustain the economy, the opportunities in Agriculture became visible.

Today, the Agricultural sector is no longer what it was, millions of people have seen the prospect in this industry. Governments and individuals are investing heavily in the sector.

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Gone are the years when people saw Agriculture as a poor man’s business and people shy away from being called farmers. If you know the popular OTA farms, you’ll realize that Agriculture is no more a child’s play.

Knowing what Agriculture is all about, you will agree with me that no aspect of Agriculture is not profitable, as people must eat to live. Back in the day’s when I was in the debating club, such topics like”Farmers and Doctors, who is more important?”. Realistically, we know who is more important. I don’t want to bring up my debating spirit, so let’s get back to business.

Be it Animal or Crop Production, there are numerous Agribusinesses that lots of profit can be made from daily and some of them include;

  • Poultry Farming:

So many individuals have become millions from mere rearing of birds. This business is very lucrative that individuals both home and abroad are investing in it. One good thing about this business is that one can start small, you don’t necessarily need a land to start this business. Many started at the back of their houses, some used a spare room etc.

You can start the business with as small as 100 birds and if well managed, you can be sure of making profits and expanding the business. Depending on available capital, some kicked off with 1000 birds.

Be it a small or large scale poultry farm, with proper management, you’re sure of making profits, especially during festive periods when rice and stew are very plenty.

Apart from the birds to be sold, there are other businesses in poultry farming.Examples are, selling eggs for those that rear layers, manure from the birds can be sold to crop farmers, etc. Poultry Farming is indeed, a sure thing to invest in.

  • Crop Production:

This is where we have things like cassava farming, palm plantation, Cocoa production, Vegetable farming, etc. If I start to write on each of this, I’ll probably not conclude. Think of how much a cup of well-produced cassava grain costs, think of how much you buy a bottle of palm oil in the market. I don’t even want to remember how much I suffered to search for pumpkin leaf during this dry season. Think of others and you will see the fortune to be made.

  • Snail Farming:

Snail farming is one of the choice Animal farming for many reasons. It is a low capital investment with a high yield and a big market. If someone invests heavily in Snail farming, he is sure of making good money within a year.Snails are easy to manage.

  • Apiculture:
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This is a branch of Agriculture that involves beekeeping. It is capital intensive but the prospect is massive. I was trained in this and I can tell you this area is still unharnessed. We still import honey from other producing countries. Think of taking advantage of this.

Other Agribusinesses includes fish farming, piggery, grasscutter rearing, floriculture etc.


People are making cool money from the hospitality industry. Here we talk of Hotels, eateries, guesthouses and the likes.

This is probably the coolest money-making opportunity in Nigeria. Nigerians, for example, are jolly people and so you don’t have to depend on tourist’s patronage.

Some big boys virtually live in hotels and guesthouses, people who see eating in fast foods as a luxury are there for grabs; there are equally individuals who depend on eateries to feed, they just can’t cook at home.So, there is an available market.

It is a profitable thing to invest in, but be careful not to be in a location with too much competition except you have in mind to do something different from other competitors. If you have ever been to Imo state, you’ll understand the level of competition in this industry.


This is a gold mine. Those who had the foresight of investing in this business years back can attest to this. This is a profitable business to take advantage of because land appreciates. As an Agricultural Economist, I will explain further.

If you have ever purchased a land for 1.5 million in 2017 and sold it for 4.5million in 2020. That is what I mean by land appreciates.Unlike cars that tend to lose value after a certain period, landed properties do not lower in cost and value, irrespective of how long it has stayed.

In some parts of the country today, land is very scarce and people are ready to pay for any available one regardless of the cost. Acquiring a landed property in any developed or developing city is a hot cake.

If you have the finance, take advantage of this business and stop investing on cars.


This is another profitable business, for those that understand how it works.


Investing in schools, nursery, primary and Secondary schools is very profitable. The competition is high, people convert their rooms into schools these days and still make a profit but one thing about a competitive business is being innovative.


It’s not a bad idea to invest in this. People like partying. Some can even borrow to organize a talk of the town party and they are willing to pay anyone who can help them achieve that. All it takes is to do something to stand out from the crowd.

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Like we all know, looking good is good business. We all want to dress well and look nice, we all want to wear the trend. All thanks to the entertainment industry, the fashion world is spitting fire, this is why everybody is going into the fashion business.


It doesn’t have to be like CHISCO, THE YOUNG or ARIK AIR, you can make good money from even bikes popularly known as Okada in Nigeria, or even Keke.

The success of this business depends on good management and sincerity of employees. In all, transport business is very lucrative as people must travel from one place to another.


I want to break it into categories. There are various aspects of cleaning.


This is one business people look down on. The fact is, not everyone enjoys washing their clothes.I won’t term it laziness, after all, dry cleaners must eat too. There are numerous dry cleaning firms today but they charge exorbitantly. You can start small but still give quality service at cheaper rates and you will be sure of smiling to the bank often.


Do you know someone that dreads house chores like sweeping, scrubbing and washing of plates, etc? They may just be looking for your services. Some cleaners are richer than some bankers. We are talking money here, so anything to give cool legit money is an opportunity to invest in and cleaning is one silent money pumper.

In conclusion, these Top 10 businesses are highly profitable if properly managed. One thing you need to understand in business is that risk management differs. Mr A may invest in one of these businesses and hit it big while Mr B will do the same business and fail. Good management and innovativeness plays a great role in the success of a business. Invest wisely.

See you in the bank.

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Chioma Oparah is a very talented and passionate freelance writer that has dedicated her skill in helping young minds to self-discovery. She has 4 years of experience in the field of content writing.


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