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digital
Online Arbitrage (Retail Flipping)
Buy discounted products from Jumia, AliExpress, and clearance sales then resell at profit on other platforms. Arbitrage traders make ₦5k–₦50k profit per item by exploiting price differences between markets.
💰 Ways to Fund This
SMEDAN Programmes (free registration, training, grant windows)
₦0–₦3,000,000
Government Fund
Nigerian-owned micro or small business. Free CAC business name registration via the CAC-SMEDAN partnership is a common entry point.
📊 Varies by scheme — many components are free or grant-based; some link to subsidized loans.
Cooperative Society Loan
₦5,000–₦500,000
Cooperative
Membership in a registered cooperative society (workplace, community, or trade-based).
📊 Typically the lowest-cost option available — often single-digit or interest-free among trusted members.
⚠️ Informational only — not financial advice. Confirm current terms directly with each provider before applying, and borrow only what you can repay.