Top 25 Tech Business Ideas In Nigeria
Whenever tech businesses are mentioned, the first thing that comes to the minds of many is Google, Apple, Meta, and others.
However, these are big tech companies in the world.
They all started with ideas before they went big.
Mark Zuckerberg created “The Facebook” when he was still a freshman at Havard.
It all started as a social website for Havard students on campus.
It caused chaos in school, which later had him rusticated, but that didn’t stop him as he advanced and continued to push.
Today, he owns Facebook, Instagram, WhatsApp, and different apps.
His company, Meta, is one of the biggest tech companies in the world.
Tech businesses are one of the biggest businesses on the planet due to the fact that tech is something that is impossible to do without.
There are a lot of tech ideas you can take up as a Nigerian today.
You don’t have to be very rich or influential before you can take up any of these ideas.
You can always start small and, with the right strategies and advancement, you can grow bigger.
Who knows, you might even be the next “Mark Zuckerberg of Africa”.
Before you take up any tech idea, there are certain things you need to check.
Is it something you can do? Is there a demand for it, and how do you start this? Once you can solve these three questions, you are good to go.
Moreover, you should try and learn more about the idea you want to take up.
Here, we have compiled a list of the 25 best tech business ideas you can take up as a Nigerian.
Top 25 Tech Business Ideas in Nigeria
Fintech companies are currently the biggest tech businesses in Africa.
It involves the use of internet software technology to run financial transactions and services.
There are a good number of fintech companies in Nigeria. Some of them include Flutterwaves, Paystack, Quick Teller, Kudi, Opay and a host of others. Fintechs range from mobile banking to payment gateways, investment, saving, and online banking.
To create your fintech platform requires some level of computer shrewdness, but if you don’t know anything about that, you can employ the services of software developers.
But first, you need to stand out. That’s why you need to bring new ideas to the table as the market is saturated already.
You have to think about how different your own platform will be and what you want it to be able to do.
Fintechs in Africa have raked in billions of dollars in just a few years.
You can be part of it by creating your own unique financial technology platform.
2. Web Development/Design
This is currently one of the most trendy tech business ideas.
As long as there’s still an Internet, web design or development is something that cannot go into extinction.
Most businesses or organisations that want to create an online presence need a good website.
Hence, the services of a professional Web developer are needed.
Though demand is high, there is lots of competition in the Web design business.
A good website developer needs to possess a broad knowledge of Web development, including mastering some programming languages like HTML, Java, PHP, and CSS.
Web design and development also encompasses other tech skills like graphics design, UX design, SEO and some aspects of content writing.
For this reason, web development is broad and requires a good professional skillset.
3. App Development
Just like every business or organisation needs a good website, many of them also need mobile apps.
Mobile apps are currently in trend right now. Instead of doing things on a website, different businesses have sought to create a mobile app where their audience or customers can run all their stuff.
Aside from creating mobile apps for businesses or organizations, you can actually invent useful apps and have them placed on the Google Playstore or Appstore.
You earn from downloads and through ads displayed by Admob depending on the number of downloads or users your apps get.
However, to be able to create a mobile app of your own or for business, you need to learn how to code.
Blogging is a very popular business in Nigeria today as we have lots of bloggers, both known and unknown.
For newbies, blogging is just an act of disseminating information on a particular topic of interest.
Like they often say, “bloggers are problem solvers.” This is actually true to a great extent.
When you are confused about a particular topic or point, the next thing you do is pick up your phone and search Google.
Isn’t that? Most of these solutions, or posts you seek to address your queries, were all made available on Google by bloggers.
To become a blogger, you need to choose a niche you want to blog about, which should be something you possess vast knowledge about.
Additionally, you need a website or social media pages.
There’s also a need to possess important blogging skills such as content writing and SEO.
5. Affiliate Marketing
Affiliate marketing is simply the business model of recommending products to people and making profits known as affiliate commissions off each sale.
There are hundreds of platforms where you can start affiliate marketing.
What makes this business stand out is that you don’t have anything to lose, unlike selling your own products.
Things you advertise can be digital or physical goods.
Platforms like ShareAsale, Fiverr, Bluehost, Expertnaire, Selar, Clickbank, and a host of others are where can sign up as affiliate.
As a matter of fact, 65% of online platforms today have affiliate programs.
As a result of this, there are lots of options to explore. Just pick up any of their products and start marketing.
Graphic design is a very popular online business in Nigeria today.
The work of a designer is somehow related to that of a web designer as they both make use of different software to create professional designs and outlook.
However, graphic design is a tech skill that requires a level of expertise if you really want to profit highly from it.
As a designer, you need to learn to create different designs so as to suit the tastes of your clients.
As a designer, you can earn hundreds of thousands of dollars per month.
Churches, schools, businesses, organisations, and online platforms all need your services, so you have huge customers if your designs are good.
In today’s world, when people are no longer interested in reading lengthy articles and blog posts, people now seek to get information in videos.
Video blogging has reached new heights thanks to platforms such as YouTube, Facebook, and Tiktok.
YouTube is currently the second biggest search engine after Google, with over 1 billion searches monthly.
You can start making videos from home to discuss general issues, do video tutorials or post news content and start earning from YouTube as a vlogger.
8. Forex and Cryptocurrency Trading
Forex and crypto markets are among the biggest markets in our world today.
Everyone wants to trade Forex and crypto due to the fast payments and huge profits.
A vast majority of people will rather invest their last dime in Forex and crypto than invest in a physical business. Why? Because of the profits.
It’s only in the Forex market that you can invest $100 and get $50 profit in a few hours. No other business does that.
However, to start trading crypto currencies and Forex, you need to understand the essentials of these two markets because they are very risky ventures.
Sometimes a trade can go wrong and you can incur a huge loss, but with the right training and strategy, you can save your money from this loss.
The E-Commerce Business is a new generation of business.
With the advent of COVID-19, people have become fans of shopping for anything they want online.
The world e-commerce business generated over $500 billion in 2021. This is to tell you that the e-commerce model is a business with a future.
Starting your own e-commerce can make you a millionaire in a matter of months. Billionaire Jeff Benzos overtook Bill Gate to become the richest man in 2020 with his e-commerce business.
You are probably thinking of the capital needed.
You don’t have to. Thanks to dropshipping websites like eBay, AliExpress, and Amazon, you can use dropshipping to run your e-commerce business.
However, the e-commerce business is highly competitive with a lot of big guns like Amazon, Jumia, and Konga in Nigeria, so we advise you focus on a particular niche for a start as that will help you scale through.
10. Content Writing
The tech industry is a very big industry, as such content writing cannot be excluded.
Most big businesses out there use content marketing to scale up their business and bring in customers.
A good content writer must be able to understand complex keywords and write great content that is SEO-optimized and good enough to draw clients closer.
Content writers help businesses to write product descriptions, white papers, SEO topics, content marketing strategies, and help them manage their social media pages.
You can work as a freelance content writer through platforms like Upwork and Fiverr or build your own writing agency.
11. E-books Publishing
E-books are books created in a digital format. If you are gifted at writing all kinds of books, be it short stories, folktales, prose, drama, and both fiction and non-fiction.
Then you should take up e-book publishing.
With the rise of Internet technologies, most people are no longer interested in reading soft copies of books since they can now read any book on their smart phone or computer.
Additionally, e-books are more durable than hard copies, which can get torn or lost.
Many people prefer e-books because they can have a thousand books on their phone without having to stock their shelves with books.
There are a lot of platforms where you can practice your writing talent and still earn lots of money.
Get registered on Amazon, Okadabooks, and others and start earning while writing.
12. SEO Specialist
Search engine optimisation is a very important thing for businesses, especially ones with an online presence.
Businesses and eCommerce stores understand the need for their business to appear on the front page of search engines like Google.
Therefore, the service of an SEO expert is needed here.
Some companies do employ experts in SEO as members of their marketing board, some work with SEO agencies, and a good number of them hire SEO experts as freelancers.
SEO helps brands become known and increases their leads and sales. So if you can learn about all the concepts of SEO and become an SEO expert, please do.
There’s high demand for your SEO skills. You can as well create your own SEO agency.
13. Social Media Management
Different organisations, businesses, public figures, and even celebrities are often too busy to manage their social media pages themselves.
So most of them employ the services of a social media manager to help post and engage their audiences.
A social media manager should be able to create quality and engaging posts.
Plus, he is saddled with the responsibility of growing the page and promoting the business on social media.
Most brands in Nigeria use social media as a medium to reach their customers and prospects.
Moreso, they need someone to help them market their business online as well as engage existing audiences and draw more prospects to their brand.
Before now, podcasting was not too relevant.
But today, podcasting has become a gold mine for millions of people who chose to become podcasters.
Furthermore, podcasting costs almost nothing to start, so it’s a very nice tech business idea you can start if you are interested.
If you are good in a particular field or niche, then podcasting is for you.
Millions of prospective listeners are waiting to listen to your podcast. Once you reach a reasonable number of listeners, you can monetize your podcast and make money doing something you love.
15. Online Tutoring
If you can teach foreign languages, special subjects, or even how to do stuff, Why not consider teaching it online and make money? The creation of a virtual mode of teaching has helped to provide more opportunities for teachers.
There are lots of teaching platforms online where you can leverage your teaching skills, such as Ulessons, Udemy, Coursera, and even YouTube.
With this, you can sell your classes to students online.
As much as you are good at teaching, honestly, you are going to be making a lot of money.
Dropshipping is one of the most profitable tech business ideas you can take up today.
The business needs no or little capital to start.
It involves identifying what people demand at a particular time and sourcing them from trusted platforms or stores and distributing them to your patronizers.
You can dropship lots of products on eCommerce stores like AliExpress, Alibaba, Amazon, and eBay and get the pictures and descriptions from there. Then you advertise on social media.
Once you’ve gotten enough orders, you can now pay and get it shipped down to your location so that you can distribute it to your customers.
17. Digital Marketing
Digital marketing is a top tech business idea in Nigeria.
To become a digital marketer, you need to understand and be able to use digital technologies.
The duty of a digital marketer is to help businesses come up with great marketing ideas and strategies to market their products or services online.
Some digital marketers work with companies as staff, while some work as freelancers and get hired online.
However, it is required that you are familiar with the use of different digital marketing tools, ideas, and media channels.
18. Drone Videography
If you own a camera or are willing to learn how to fly drones, you have a big market waiting to patronise you.
Movie producers, content creators, and real estate companies have become obsessed with using aerial shots to create their videos or market their properties.
Also, there are lots of celebrations like birthdays, music shows, award presentations, football games, etc., which are also in your market.
The organisers mostly use aerial shots to get great video of events. As such, it’s a win-win situation for drone videographers.
19. Video Editing
If you can edit videos perfectly, there are lots of opportunities that await you.
Video media is taking over blog posts and lengthy articles, so most people and businesses prefer videos to disseminate information, entertainment, and to teach stuff. Youtubers, Tiktokers, and Facebook creators all create videos.
As such, they always need video editors to help them edit their content.
Additionally, video editing is a must-have skill for anybody who is into content creation, but certainly not every creator can handle it.
Most people often employ people to help them with editing.
20. Solar Installation
The world is moving to the use of safe energy to generate electricity, so solar energy is the best source of energy and is considered the safest for humans.
In a developing continent like Africa, where most countries barely have a 24-hour power supply, some people have chosen to install solar panels in their homes to fill the gap in electricity outrage.
As a result, solar installation services are needed.
Learning how to install solar devices is a very profitable idea.
Solar energy is expensive to run, and so is the service of an installer.
You can take advantage of this opportunity and learn how to install solar technologies today.
21. Whatsapp TV
Creating a Whatsapp TV can also be classed as a tech business idea as it involves the use of Internet media.
Whatsapp TV is really a lucrative venture that requires no stress at all.
All you need is your smart phone and an Internet connection.
Whatsapp TV is a Whatsapp business invention of using WhatsApp just like television media to disseminate information, share views and run quality advertisements.
Whatsapp TV owners use WhatsApp to drive genuine audiences, share information and also run promotions through which they earn from the channel.
You can run this effectively even as a student, and you can make as much as 200K per month through sponsored ads and sponsorship.
It’s best you build a quality audience first if you desire great results.
22. VTU Portal
The Virtual Top Up business is another great tech business idea.
Nigerians consume data and airtime like oxygen. Why not create your own VTU website and app and start earning big?
Owning a VTU platform is like owning a small virtual company.
You sell data, airtime, and scratch cards to both resellers and end users and make your profits.
Though the business has lots of competition as we speak, you can still stand out from the competition if you have nice offers and good customer care service.
This tech business is pretty easy to start.
All you need is a VTU website, an app, and enough capital to start.
23. Course Development
Buying and selling of courses have become rampant in our world today.
Experts often create courses to teach amateurs how to do particular things.
If you are good at something, such as graphic design, Photoshop editing, digital marketing, blogging, or other IT skills, you can create courses on it and sell them to others for a profit.
24. Computer Training
If you have vast knowledge of how to operate a computer, you can make it a business to teach computer illiterates for a fixed fee.
A lot of companies and schools also employ people to help train their staff and students on the usage of computer systems. You can approach any of them.
Financial establishments and businesses in Nigeria are often faced with different threats from hackers who invade their portals.
This has increased the demand for cyber security or IT experts.
Your job as an expert in this field is to assist them in constantly checking for malicious cyber attacks, detecting security breaches, and providing information to help them avoid cyber attacks.
Generally, the duty of a cyber security expert is to help business institutions set up their computer programs and troubleshoot any cyber issues.
There are still other tech business ideas you can explore.
Pick one and make it your business today.
Tech is one of the biggest industries in the world and most of the richest men are all into tech.
They all started with an idea like this, but picking up ideas without implementation is nothing, if it demands you take a loan to start doing it.
You will surely not regret it if you do it the right way.
We hope you’ve been able to grab one or two ideas through this post.
Leave a Reply