The phone accessories business in Nigeria is one of the most underestimated daily-cash businesses in the country. While many people chase complex online ideas, millions of Nigerians buy chargers, earphones, power cables, screen guards, and phone cases every single day.

Nigeria has over 200 million people, and smartphones are no longer luxury items—they are survival tools. From students and traders to ride-hailing drivers and office workers, phones constantly need accessories due to power issues, wear and tear, and cheap replacements flooding the market.

This makes phone accessories a high-rotation business: items sell fast, customers return often, and profit margins are strong. With strategic stocking and location, this business can generate ₦150,000–₦180,000 monthly profit from a small kiosk, table, or backpack setup.

2. Market Opportunity

Why This Business Works in Nigeria

• Constant phone damage due to unstable electricity
• Frequent accessory replacement (chargers, cables, earphones spoil fast)
• Impulse buying behavior (customers buy without long consideration)
• Huge youth and working-class population

Target Customers

• Students
• Commercial drivers
• Office workers
• Market traders
• Ride-hailing drivers
• Phone repair technicians

Demand Reality

People don’t “plan” to buy phone accessories — they buy urgently. Once a charger spoils or earphones stop working, replacement is immediate. This urgency is what makes the business powerful.

Competition exists, but customers prioritize:

• Availability
• Price
• Proximity
• Speed

Not branding.

3. Startup Cost Breakdown (₦)

You can start smaller with ₦50k and scale weekly.

4. How to Earn ₦180,000 Monthly

Average Pricing (Retail)

• Fast charger: ₦3,500 – ₦5,000
• USB cable: ₦1,500 – ₦2,500
• Earphones: ₦2,500 – ₦4,000
• Power bank: ₦8,000 – ₦15,000
• Screen guard: ₦1,000 – ₦1,500

Daily Sales Scenario

• 3 chargers × ₦4,000 = ₦12,000
• 4 cables × ₦2,000 = ₦8,000
• 2 earphones × ₦3,000 = ₦6,000
• 1 power bank × ₦10,000 = ₦10,000

Daily Revenue: ₦36,000
Monthly Revenue (25 days): ₦900,000

Monthly Expenses

• Restocking: ₦650,000
• Miscellaneous: ₦70,000

Net Monthly Profit

₦180,000 – ₦200,000

5. Step-by-Step Business Setup

Step 1: Source Quality Accessories

Buy from wholesalers in:

• Computer Village (Lagos)
• Wuse (Abuja)
• Online bulk vendors

Avoid ultra-cheap products — returns destroy trust.

Step 2: Choose the Right Location

Best locations:

• School gates
• Bus stops
• Markets
• Phone repair clusters
• Busy streets

Foot traffic matters more than shop size.

Step 3: Smart Display

Use:

• Hanging chargers
• Visible power banks
• Bright price tags

People buy what they see clearly.

Step 4: Bundle for Profit

Examples:

• Charger + cable discount
• Screen guard + case bundle

Bundles increase average order value.

6. Challenges & Practical Solutions

Challenge 1: Fake or Low-Quality Products

Solution: Test all items before selling. Offer short-term replacement guarantee.

Challenge 2: Price Undercutting

Solution: Compete on availability and speed, not lowest price.

Challenge 3: Theft or Damage

Solution: Secure display, minimal night exposure, daily stock count.

7. Profit Projection

Once stable, adding phone repairs or SIM sales can double profit.

8. Feasibility Verdict

Feasibility: HIGH

Low technical skill required
Fast-moving products
Daily cash flow
Scales easily
Works in any Nigerian city

9. Final Verdict

The phone accessories business in Nigeria is not glamorous, but it is brutally profitable when done correctly. It thrives on urgency, repetition, and Nigeria’s phone-dependent lifestyle.

If you want a real, daily-income business that doesn’t depend on algorithms, online ads, or long waiting periods, this is one of the most reliable small-scale ventures available today.

The post Mobile Phone Accessories Business – The ₦180k Street-Cash Machine Nigerians Ignore first appeared on GOOD NEWS NIGERIA.