Fashion-conscious Nigerians are increasingly seeking unique, personalized, and handmade jewelry. Earrings, necklaces, bracelets, and hair accessories are in high demand for personal use, gifts, and events.

A handmade jewelry and accessories business allows you to create unique designs using beads, wires, stones, and other materials, selling directly to consumers, boutiques, and online platforms. With creativity and consistent marketing, this venture can earn ₦100,000 monthly.

This is a home-based, low-capital business ideal for creative entrepreneurs looking to monetize their craft skills.

2. Market Opportunity

• Target customers: Women, men, students, office workers, boutiques, and online shoppers.
• Trend: Growing preference for personalized, locally made, and unique accessories.
• Competition: Moderate; quality, unique designs, and marketing help stand out.
• Growth potential: High; expand into themed collections, custom orders, and online sales across Nigeria.

Customers value uniqueness, quality, affordability, and timely delivery, encouraging repeat purchases and bulk orders.

3. Startup Cost Breakdown (₦)

Tip: Start small with popular items like earrings and bracelets, then expand into necklaces, hair accessories, and custom orders.

4. How to Earn ₦100,000 Monthly

Revenue comes from selling handmade jewelry and accessories.

1. Pricing example:
   • Earrings: ₦500–₦1,000
   • Bracelets: ₦800–₦1,500
   • Necklaces: ₦1,000–₦2,000
   • Custom orders: ₦2,500–₦5,000
2. Monthly sales calculation:
   • 50 pairs of earrings × ₦800 = ₦40,000
   • 20 bracelets × ₦1,200 = ₦24,000
   • 10 necklaces × ₦1,800 = ₦18,000
   • 5 custom orders × ₦3,000 = ₦15,000
   • Total monthly revenue = ₦97,000
3. Operating costs:
   • Materials, packaging, and marketing: ~₦35,000
   • Net monthly profit: ~₦60,000–₦65,000
4. Scaling potential:
   • Sell online via Instagram, TikTok, and WhatsApp
   • Supply boutiques, gift shops, and events
   • Offer themed collections, wedding accessories, or corporate gifts

5. Step-by-Step Business Guide

1. Acquire skills: Learn jewelry-making techniques through tutorials or short courses.
2. Purchase tools and materials: Start with affordable, versatile supplies.
3. Set up workspace: Home-based table with storage and proper lighting.
4. Design products: Create unique, appealing, and high-quality jewelry pieces.
5. Market your products: Social media, WhatsApp, local events, and word-of-mouth.
6. Offer customization: Accept personalized orders for gifts or events.
7. Scale gradually: Introduce new designs, package gift sets, and collaborate with boutiques.

6. Challenges & Tips

Challenges:

• Competition from local and online jewelry sellers
• Maintaining consistent quality
• Tracking customer preferences and trends

Tips:

• Focus on unique and creative designs
• Use attractive packaging to increase perceived value
• Offer promotions during holidays and events
• Build an online portfolio and actively engage with customers

7. Profit Projection

With bulk orders, online marketing, and themed collections, net profit can rise to ₦120,000–₦150,000 monthly.

8. Feasibility Verdict

Feasibility: High

• Very low startup cost (~₦55,000)
• High demand for unique handmade jewelry
• Home-based and scalable
• Growth potential through online platforms and boutique partnerships

9. Conclusion

A handmade jewelry and accessories business is a profitable, low-capital, and scalable creative venture in Nigeria. By offering unique, high-quality, and customized pieces, you can earn ₦100,000 monthly while catering to fashion-conscious clients and gift buyers.

This business is ideal for creative entrepreneurs seeking home-based, flexible, and sustainable income opportunities in Nigeria’s growing fashion and lifestyle market.

The post How Nigerians Can Make ₦100k Monthly Selling Handmade Jewelry & Accessories first appeared on GOOD NEWS NIGERIA.

1. Overview

Banana fiber craft business involves transforming banana stems into high-value products like mats, bags, baskets, and decorative items. With Nigeria’s growing eco-conscious market, this green business is gaining traction. Low-cost inputs and creative designs make it a practical income stream for artisans.

2. Market Opportunity

• Target customers: Eco-friendly shops, interior decorators, craft markets, online marketplaces.
• Trend: Rising demand for sustainable products and handmade decor in cities like Lagos, Abuja, and Port Harcourt.
• Competition: Low – most banana fiber crafts are imported or handmade on small scale.

3. Startup Cost Breakdown (₦)

4. How to Earn ₦150k Monthly

• Produce 50 small baskets or mats weekly.
• Average selling price: ₦1,500 per item.
• Weekly revenue: 50 × ₦1,500 = ₦75,000
• Monthly revenue: ₦75,000 × 4 = ₦300,000
• Subtract materials & overhead (~₦150,000/month) → Net Profit: ₦150,000/month
• Marketing: Social media (Instagram, TikTok), craft fairs, B2B bulk orders.

5. Profit Projection

• Startup recovery: 1st month if demand is strong.
• Monthly net profit: ₦150,000
• ROI: ~430% after first month.

6. Challenges & Tips

• Challenge: Irregular supply of banana stems → Build relationships with farmers.
• Challenge: Limited market awareness → Focus on social media storytelling.
• Tip: Create signature designs to command higher prices.

7. Feasibility Verdict

High – Low startup cost, rising eco-trend, scalable production.

The post Banana Fiber Craft Business – Eco-goldmine from Waste first appeared on GOOD NEWS NIGERIA.