Mobile phones are ubiquitous in Nigeria, and airtime and data bundles are in constant demand. Starting a mobile recharge kiosk allows you to sell prepaid airtime, data bundles, and even offer mobile money services.

This business is simple, low-cost, and highly profitable, with potential earnings of ₦10,000 per day for a small kiosk operating in a busy neighborhood. It can also scale into a full-service telecom or fintech hub over time.

Unlike other businesses, a recharge kiosk provides daily cash flow, making it ideal for small-scale entrepreneurs who want quick returns.

2. Market Opportunity

• Target customers: Students, office workers, local residents, and shop owners.
• Trend: Rising mobile phone usage, increasing demand for data, and popularity of e-wallets.
• Competition: Low to moderate; location and accessibility determine profitability.
• Growth potential: High; you can also sell SIM cards, mobile devices, and accessories to complement revenue.

A kiosk located near schools, offices, or busy streets ensures consistent foot traffic and sales.

3. Startup Cost Breakdown (₦)

Tip: Start small with only airtime and data bundles; expand to SIM sales and mobile accessories later.

4. How to Earn ₦10,000 Daily

Revenue comes from markup on airtime and data bundles, plus convenience fees for mobile money or bill payment services.

1. Pricing example:
   • Markup per ₦500 recharge: ₦20–₦30
   • Markup per ₦1,000 recharge: ₦40–₦50
2. Daily sales target:
   • Sell ₦50,000 worth of airtime and data/day
   • Profit at 20% markup = ₦10,000/day
3. Additional revenue streams:
   • Mobile money transactions: ₦50–₦100 per transaction
   • Bill payments (DSTV, PHCN, etc.)
   • SIM card sales and top-ups
4. Monthly projection:
   • ₦10,000/day × 25 working days = ₦250,000/month net profit

5. Step-by-Step Business Guide

1. Secure a location: Choose high-traffic areas like markets, bus stops, or near schools.
2. Obtain recharge terminals: Register with MTN, Airtel, Glo, 9mobile, or independent distributors.
3. Stock airtime and data bundles: Keep popular denominations for ease of sale.
4. Brand your kiosk: Clear signage, attractive display, and neat arrangement.
5. Market locally: Flyers, word-of-mouth, and WhatsApp groups for promotions.
6. Offer complementary services: Mobile money, bill payment, and SIM sales.
7. Track sales and profits: Use a notebook or spreadsheet to monitor daily cash flow.

6. Challenges & Tips

Challenges:

• Electricity and internet connectivity issues
• Competition from nearby kiosks
• Theft or cash handling risks

Tips:

• Use a POS or digital wallet to reduce cash handling
• Offer fast, friendly service to attract repeat customers
• Maintain a small but consistent stock of popular bundles
• Partner with local businesses for bulk sales or daily customers

7. Profit Projection

With expansion into mobile accessories or multiple kiosks, net profit can rise to ₦400,000+ per month.

8. Feasibility Verdict

Feasibility: High

• Very low startup cost
• High and constant demand for airtime and data
• Quick cash flow and easy scalability
• Minimal technical skills required

9. Conclusion

A mobile recharge kiosk + data bundle service is one of the simplest and most profitable small businesses in Nigeria. With low startup capital (~₦100,000), you can earn ₦10,000 daily while serving a growing customer base.

By strategically locating your kiosk, maintaining stock, and offering additional services like mobile money or bill payments, this business can become a stable, high-cash-flow venture for any Nigerian entrepreneur.

The post How a Small Mobile Recharge Kiosk Can Bring ₦10,000 Daily in Nigeria first appeared on GOOD NEWS NIGERIA.