A business opportunity is a chance to start or expand a business by offering a product or service that meets a need in the market.

1. Local Opportunities: These focus on serving specific communities or regions within Nigeria. For example, opening a small restaurant in Ibadan or a local fashion boutique in Enugu.


2. National Opportunities: These involve reaching customers across Nigeria. For instance, launching a chain of supermarkets that operates in multiple cities like Lagos, Abuja, and Port Harcourt or a nationwide mobile phone service provider.


3. International Opportunities: These involve expanding beyond Nigeria’s borders. Examples include exporting Nigerian products such as palm oil or textiles to international markets or establishing business partnerships with companies in other countries to reach global consumers.