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BUSINESS
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🏠 1-Bedroom Purchase Price (Outside City) Approx. ₦450,000–₦900,000 per m² in less central areas (e.g., 60 m² = ₦27,000,000–₦54,000,000).
🏢 Studio Purchase Price (City Center) Approx. ₦1,200,000–₦2,500,000 per m² in prime areas like Victoria Island and Ikoyi (e.g., 40 m² = ₦48,000,000–₦100,000,000).
🏢 Studio Purchase Price (Outside City) Approx. ₦500,000–₦1,000,000 per m² in outer Lagos areas like Ikeja, Yaba, and Surulere (e.g., 40 m² = ₦20,000,000–₦40,000,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. ₦1,100,000–₦2,300,000 per m² in central districts (e.g., 60 m² = ₦66,000,000–₦138,000,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. ₦1,000,000–₦2,100,000 per m² in Victoria Island/Ikoyi/Lekki prime zones (e.g., 80 m² = ₦80,000,000–₦168,000,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. ₦400,000–₦850,000 per m² in suburbs and mainland neighborhoods (e.g., 80 m² = ₦32,000,000–₦68,000,000).
💼 Corporate Tax 30% standard corporate income tax for large companies in Nigeria; SMEs may qualify for lower or zero rates depending on turnover and regulations.
💵 Dividend Withholding Tax 10% withholding tax on dividends.
🏦 Tax System Resident taxation is generally based on worldwide income for tax residents, with Nigerian-source income taxed locally and specific rules applying to expatriates and non-residents.
📈 Highest Income Tax Bracket 24% top marginal personal income tax rate under Nigeria’s graduated system, plus local levies depending on state rules and residency status.
🧾 VAT 7.5% standard VAT.
🌐 Controlled Foreign Company (CFC) Rules Limited formal CFC framework compared with some OECD countries, but anti-avoidance and transfer pricing rules apply; multinational structures should get local tax advice.
🏠 Property Tax Yes, property-related charges exist in Lagos, including land use charge and local fees; rates vary by location and property value.
🏠 Property Transaction Tax Transfer costs typically include stamp duties, legal fees, registration, and potential consent charges; effective acquisition costs often total around 5%–10%+ depending on structure.
💻 Attractive Tax System for Digital Nomads No special digital nomad tax regime; if you become tax resident, Nigeria’s standard personal and business tax rules apply.
ESSENTIALS
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🏙️ City Lagos, Lagos State, Nigeria — the country’s largest city and commercial hub, split between the Lagos Mainland and Lagos Island/lekki axis.
👥 Population Approx. 17,000,000 in the metropolitan area (2026 estimate).
💻 Internet Speed Fiber and 4G/5G are available in business districts; realistic coworking speeds are often 30–150 Mbps down and 10–50 Mbps up, with better reliability on fiber in Victoria Island, Ikoyi, Lekki Phase 1, and Yaba.
💸 Currency & Banking Nigerian Naira (NGN). Approx. rates in March 2026: 1 USD ≈ 1,650 NGN and 1 EUR ≈ 1,800 NGN, though rates move often. Use GTBank, Access Bank, Zenith Bank, and mobile money/USSD as backups; carry some cash because POS failures happen.
🚰 Tap Water Not drinkable from the tap; use sealed bottled water or filtered water from reliable suppliers.
🔌 Power 230V, 50Hz, mostly Type D and Type G plugs; power outages and generator/inverter backup are common, especially outside premium buildings.
📶 SIM Card MTN, Airtel, Glo, and 9mobile. MTN and Airtel usually have the best urban coverage in Lagos; get a SIM at MTN Nigeria shops in Victoria Island, Ikeja, or Lekki with passport and NIN requirements where applicable.
💳 Banking for Expats Cards are accepted at many hotels, malls, and upscale restaurants, but cash and bank transfer are still widely used. Revolut, Wise, and international Visa/Mastercard work best for withdrawals and payments at larger merchants; local POS agents are common for cash withdrawals.
🛌 Accommodation Airbnb, booking.com apartments, serviced apartments, and local property managers are the most practical options. For longer stays, look for serviced units in Lekki Phase 1, Victoria Island, Ikoyi, and Yaba.
💳 Cashless Friendly Partly cashless: cards work in upscale areas, but cash, bank transfers, and POS terminals are still essential for daily life.
🏠 Short Term Rentals Airbnb in Victoria Island, Ikoyi, Lekki Phase 1, and Oniru; serviced apartments by Amber Residence, Citi Loft, and short-let hosts around Admiralty Way and Ozumba Mbadiwe.
🛏️ Budget Accommodation Budget hotels and guesthouses around Yaba, Surulere, Maryland, and Ikeja GRA. Examples include The George’s budget alternatives are limited; look for simple hotels near Allen Avenue, Ikeja, and Akoka with rates starting around 35,000–70,000 NGN per night.
🏙️ Best Area to Stay for Tourists Victoria Island and Ikoyi for safety, restaurants, and easy access to landmarks; Oniru and Lekki Phase 1 are also good for beach access and nightlife.
🏙️ Best Area to Stay for Digital Nomads Lekki Phase 1, Victoria Island, Ikoyi, and Yaba. Lekki/VI offer better lifestyle and coworking; Yaba is more affordable and close to tech communities.
WORKING AND NETWORKING
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🏢 Best Coworking Space Venia Business Hub, 19 Idowu Martins St, Victoria Island; Workstation Lagos, 12/14 Majekodunmi St, Sabo Yaba; and CcHub, 294 Herbert Macaulay Way, Sabo Yaba. Workstation and CcHub are especially strong for networking with founders and remote workers.
☕ Best Cafe for Work Eric Kayser Nigeria, The Palms Shopping Mall, Lekki; Art Café, 226 Adeola Odeku St, Victoria Island; and Terra Kulture Café, Tiamiyu Savage St, Victoria Island, all with relatively reliable Wi‑Fi and laptop-friendly seating.
💼 Networking Events Tech events at CcHub, Yaba; startup meetups at Workstation Lagos, Sabo; and events at The Zone Tech Park, Gbagada. Check Lagos startup calendars, Meetup, and Eventbrite for weekly sessions.
🥂 Social Events for Expats InterNations Lagos, Lagos Expats Facebook groups, and community mixers at Escape Lagos, 234b Ozumba Mbadiwe Ave, Victoria Island, plus embassy and hotel-hosted social nights.
TRANSPORTATION
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🚕 Best Taxi/Ride App Uber and Bolt are the most useful across Lagos; in busy areas also use inDrive for price negotiation. For airport transfers, prebook through hotel drivers or ride apps due to traffic.
🚲 Bike/Scooter Rental Limited citywide. The best practical options are private bike rentals and short leisure rides at leisure parks such as JJT Park, Alausa, and bike-friendly compounds in Lekki; e-scooters are not widely available.
🏖️ Best Beach Nearby Elegushi Beach, Lekki, about 25–40 minutes from Lekki Phase 1 depending on traffic; Tarkwa Bay is accessible by boat from Lagos Island/Marina.
✈️ Top Regional Airline Air Peace, the largest local carrier with strong domestic and West African routes; also consider Ibom Air for reliability.
✈️ Top International Airline British Airways and Emirates are the most commonly used premium international options from Lagos; also strong are Qatar Airways and Lufthansa via Lagos Murtala Muhammed International Airport.
🛣️ Highway Access Good access to the Lagos-Ibadan Expressway, Third Mainland Bridge, Lekki-Epe Expressway, and the Eko Bridge/Third Mainland connector network.
🚉 Main Train/Transit Hub Murtala Muhammed International Airport rail links are limited; the practical transit hubs are CMS/Marina on the mainland-island axis and Ikeja along major bus corridors. The Lagos Blue Line stations serve Marina and Mile 2, with ongoing expansion.
🚍 Public Transport Passes Lagos BRT and Lagos Rail Mass Transit fares are pay-as-you-go; contactless/card-based transit is growing but not universal. Keep cash ready for BRT and danfo minibuses.
✈️ Regional Travel Use domestic flights from Lagos to Abuja, Port Harcourt, Enugu, Calabar, and Asaba; buses such as ABC Transport, Chisco, and God is Good Motors serve regional intercity routes.
HEALTH AND WELLNESS
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🏥 Best Hospital Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos Mainland, for major public care; Lagoon Hospitals, 266 Ikorodu Rd, Ilupeju; and The Good Shepherd Specialist Hospital, Opebi, Ikeja, for private care. For expats, Reddington Hospital, 11 Idowu Martins St, Victoria Island, is a common choice.
🧘 Yoga & Wellness Centers Sundays at Ikoyi Club 1938, Ikoyi; The Yoga Studio Lagos in Victoria Island; and wellness classes at Landmark Centre, Water Corporation Dr, Victoria Island.
🏋️ Gyms & Fitness Centers Bodyline Fitness Club, 2 Saka Tinubu St, Victoria Island; iFitness, multiple branches including Lekki Phase 1 and Victoria Island; and Planet Gym & Spa, 36B Admiralty Way, Lekki Phase 1.
🧺 Laundry Services Wash Dry Clean, Lekki Phase 1; Laundry Shop Nigeria, Victoria Island; and neighborhood pickup services in Ikoyi and Lekki. Expect around 2,500–6,000 NGN for a standard wash-and-fold bag depending on volume.
FOOD AND DRINK
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📱 Best Food Delivery App Jumia Food and Bolt Food are the most useful where available; many restaurants also deliver directly by WhatsApp in Lagos.
🍽️ Best Local Dish to Try Jollof rice with peppered chicken, amala with ewedu and gbegiri, suya, and nkwobi. Try local spots around Allen Avenue, Ikeja, and coastal restaurants in Victoria Island.
🍱 Vegan/Vegetarian Options VeggieVictory, 15 Ologun Agbaje St, Victoria Island; The Plant-Based Kitchen in Lekki; and healthy bowls at Hard Rock Cafe-adjacent restaurants in Victoria Island. Vegan options are improving but still limited.
🍫 Best Dessert Spots Cold Stone Creamery at The Palms, Lekki; Hans and Rene, Ikoyi/Victoria Island locations; and La Pointe by Chocolate in Victoria Island for cakes and pastries.
🛒 Affordable Shopping Spots Balogun Market, Lagos Island; Tejuosho Market, Yaba; and Mile 12 Market for produce and household basics. Balogun is best for textiles and bargain shopping.
🛒 E-commerce/Online Store Jumia Nigeria, Konga, and BuyPower for electronics and household shopping; use official store pages and check delivery times carefully.
🛒 Grocery Delivery Supermart.ng, Jiji local vendors with delivery, and organic/home delivery services in Lekki and Victoria Island. SPAR and Shoprite also offer delivery in selected areas.
🍸 Bar/Nightlife Area Victoria Island around Adetokunbo Ademola St and Ozumba Mbadiwe Ave; Lekki Phase 1 around Admiralty Way; and the Opebi/Ikeja axis for a more local nightlife scene.
🍻 Local Brewery Legend Extra Stout and Hero Lager are the major Nigerian beer brands; for brewery-style experiences, visit Bature Brewery, 4B Saka Tinubu St, Victoria Island, known for craft beer and pub food.
🍷 Wine Bars The Wine Bar Lagos, Victoria Island; The Cellar at Radisson Blu Anchorage Hotel, 1a Ozumba Mbadiwe Ave, Victoria Island; and Orí restaurant wine lists in Ikoyi.
🍲 Street Food Stalls Suya spots along Allen Avenue, Ikeja; grills around Lekki Phase 1 Admiralty Way; and amala/pepper soup joints near Surulere and Yaba.
🍕 Popular International Cuisine Turkish, Lebanese, Indian, Chinese, and Italian are widely available in Victoria Island, Ikoyi, and Lekki. Popular spots include Cactus Restaurant, 20/24 Ozumba Mbadiwe Ave, and Shiro Lagos, Eko Hotel, Victoria Island.
CULTURE AND ATTRACTIONS
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🎟️ Must-See Landmarks Nike Art Gallery, 2 Elegushi Rd, Lekki; Lekki Conservation Centre, KM 19 Lekki-Epe Expressway; National Museum Lagos, Onikan; and Freedom Park, Hospital Rd, Lagos Island.
🏛️ Museums & Art Venues Nike Art Gallery, National Museum Lagos, Terra Kulture, 1376 Tiamiyu Savage St, Victoria Island, and Rele Gallery, 5 Military St, Onikan.
🏰 Historical Sites Freedom Park, Brazilian Quarter/Marina heritage areas, and Tafawa Balewa Square, Onikan.
🕍 Religious Sites Cathedral Church of Christ, 29 Marina, Lagos Island; National Mosque, Central Business District, Abuja is not in Lagos, so in Lagos notable sites include Christ Apostolic Church, Oyingbo, and Lekki Central Mosque, Lekki Phase 1.
🎉 Annual Events Lagos International Jazz Festival, Lagos Fashion Week, Felabration at New Afrika Shrine, and Lagos Carnival-related cultural events across the year.
🎨 Cultural Districts Victoria Island for modern culture, Ikoyi for upscale galleries, Lagos Island/Onikan for heritage, Yaba for youth/tech culture, and Surulere for music and film.
🎭 Theater Venues Terra Kulture Arena, 1376 Tiamiyu Savage St, Victoria Island; Muson Centre, Onikan; and National Arts Theatre area, Iganmu, for performances and concerts.
🛍️ Local Markets Lekki Arts and Crafts Market, opposite Lekki Conservation Centre; Balogun Market, Lagos Island; and Tejuosho Market, Yaba.
🎼 Music Scene New Afrika Shrine, 9 Segun Awe St, Ikeja; Hard Rock Cafe Lagos, Landmark Beach area; and live bands at Bogobiri House, 9 Maitama Sule St, Ikoyi.
🎨 Street Art New culture walls around Yaba and Sabo, murals near Nike Art Gallery in Lekki, and art installations around Freedom Park and Onikan.
🧑‍🍳 Cooking Classes Terra Kulture cooking sessions, Victoria Island; and private Nigerian cooking classes arranged through Airbnb Experiences and local chefs in Lekki/Ikoyi.
👩‍🎨 Art Galleries Nike Art Gallery, Rele Gallery, Omenka Gallery, 24 Vaal St, Ikoyi, and Quintessence Gallery, 23, Ikoyi Crescent, Ikoyi.
🕰️ Historic Buildings Iga Idunganran Palace, Catholic Mission Street, Lagos Island; Freedom Park (former colonial prison site); and Tafawa Balewa Square, Onikan.
🏴 Local Heritage Yoruba heritage is central in Lagos, with traditions seen in food, music, dress, festivals, and market culture; the city’s identity also reflects coastal, colonial, and cosmopolitan influences.
NATURE AND OUTDOOR ACTIVITIES
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🌅 Nearby Nature Escapes Lekki Conservation Centre, KM 19 Lekki-Epe Expressway; Lagos Lagoon boat rides; and Lagos Island waterfront areas for quick breaks from the city.
🏞️ National Parks Nearby No major national park inside Lagos; the nearest practical nature trips are Olumos Rock/park in Abeokuta and resort escapes toward Ogun State, requiring a weekend trip.
🚲 Cycling/Walking Paths Lekki Conservation Centre boardwalk, Freedom Park grounds, and the coastal stretch around Oniru and Landmark Beach are the most walkable leisure zones.
🌄 Scenic Viewpoints Lekki-Ikoyi Link Bridge at dusk, Tarkwa Bay waterfront, and the canopy walkway at Lekki Conservation Centre.
🦉 Birdwatching Locations Lekki Conservation Centre and the wetlands around the Lagos Lagoon offer the best birdwatching close to the city.
🔥 Bonfire-Friendly Spots Private beach clubs and resorts such as Atican Beach Resort, Lekki-Ajah axis, may arrange controlled bonfires; public bonfires are generally restricted.
OTHER SERVICES AND AMENITIES
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📦 Parcel Delivery Service GIG Logistics, DHL ServicePoint branches, Red Star Express, and Nigerian Postal Service (NIPOST) for local and international parcels.
🛠️ Tech Repair Services Computer Village, Ikeja, is Lagos’s main electronics repair and accessory market; also check Proxynet Communications, Ikeja, and authorized service centers in Victoria Island.
🏓 Table Tennis Spots Teslim Balogun Stadium sports areas, Surulere clubs, and recreation centers in Victoria Island and Lekki; availability is often private-club based.
🧑‍🏫 Language Classes Alli Language School and private French/Yoruba tutors in Victoria Island and Yaba; Goethe-Institut Lagos, 7 Anifowoshe St, Victoria Island, for German classes and events.
📚 Libraries & Study Spots Nigerian Institute of International Affairs Library, Victoria Island; Lagos State Library, Ikeja; and The Media Room Hub, Yaba, for quiet work and study.
🏘️ Community Centers Terra Kulture, Ikoyi Club community events, and The Zone Tech Park, Gbagada, which hosts professional and civic gatherings.
🕹️ Gaming Lounges Game stores and PC cafes in Ikeja and Yaba, plus entertainment centers in malls like Ikeja City Mall and Palms Mall, Lekki.
🎰 Casino & Gaming Halls Federal Palace Hotel Casino, 6-8 Ahmadu Bello Way, Victoria Island, and selected hotel gaming lounges in Victoria Island and Ikoyi.