By Hafsoh Ajani 

Have you ever thought about making extra money while in university? With the rising costs of education in Nigeria and unexpected expenses, it’s smart to have a backup plan. Nigerian undergraduates have many opportunities to start businesses and stay financially flexible during their academic journey. Small side hustle or ‘runz’ won’t hurt, you know? Here are a few business ideas you could explore: 

1. Online Tutoring and Coaching: 

If you’re the bookish type who prefers to stay focused on academics and avoid distractions, then this option might be ideal for you. With the growing demand for online education, you can provide tutoring or coaching services in subjects where you excel. This could encompass academic subjects, exam preparation, or skill development areas such as coding, language learning, or other lessons.

2. Food Delivery or Catering: 

If you possess culinary flair, consider venturing into the delectable world of food delivery or catering. Craft and deliver homemade culinary delights to fellow students, cater for intimate gatherings or provide scrumptious snacks for university events.

3. Event Planning and Ushering: 

This can be a great way to make quick money, especially if you’re good at organizing things and enjoy meeting people. You help plan parties and other events, make sure everything goes smoothly, and even manage the budget. It’s not just about the money; you also learn useful skills and make new friends. Plus, it’s flexible, so you can work around your classes and still earn some cash.

4. Mobile Car Wash and Detailing: 

Turn your hustle mobile by offering car wash and detailing services to students and residents. Launching this low-cost venture can yield substantial profits, especially when you secure regular customers who value convenience.

5. Laundry and Dry-Cleaning Services:

Extend a helping hand to fellow students by providing laundry and dry-cleaning services. Cater to those who lack access to laundry facilities or simply prefer the ease of outsourcing their laundry needs.

6.  Fashion Business: 

If you possess a keen eye for fashion and sartorial elegance, the fashion business could be your calling. Consider selling fabrics and ready-to-wear clothing items, providing students with trendy and affordable fashion choices.

7. Jewelry Sales:

Ladies with a penchant for fashion and accessories can delve into the world of jewelry sales. Offer a diverse range of stylish pieces to fellow students, helping them enhance their style while bolstering your income.

8. POS Service:

You can offer the convenience of withdrawing cash and facilitating transfers using your POS terminal for students and campus residents. Your service will save them the stress and time wasted at ATMs.

9.  Transportation Services:

Provide transportation services, such as bike or Keke rentals, on your campus. You could also consider working part-time as a driver during your free time.

In conclusion, focus on providing exceptional customer service, marketing your business effectively, and continuously learning and adapting to changing market conditions. Entrepreneurship offers a path to financial independence, personal growth, and the chance to make a positive impact on your community. Your academic journey can harmoniously coexist with your entrepreneurial aspirations, allowing you to reap both educational and financial rewards.