There are 805 land for sale in Victoria Island (VI). Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
Amazing Waterfront land available for sale in Oniru Victoria Island. Suitable for all purposes Residential developments Showroom Commercial hub Sky scraper development Etc etc land can be cut and sold in Big plot sizes. Plot sizes available 5,000sqm 8,500sqm 15,000sqm 10,000sqm 17,000sqm Title: Governors Consent Price: N1.68m net
Details: Prime commercial/mixed-use land with excellent visibility & accessibility. Ideal for high-rise office, hotel, or mixed development. Price: ₦3.5M per sqm title: Federal Allocation, C of O, Survey status: 100% closeable. All documents complete for seamless transaction. For viewing, 24-hour notice required ️ _Serious inquiries only_
Adeola Odeku, Victoria Island (VI), Lagos
Added today
3500 sqm
Wegsy Property
Premium
7
₦1,300,000per sq.m
Mixed-use land for sale
Land Measuring Approximately 6, 835M2
Land for sale in victoria island annex Fenced land measuring approximately 6,835m2. Location: Water Corporation Road, Victoria Island, Lagos. Price: N1.3m per sqm Ownerjuic
Walter Carrington, Victoria Island (VI), Lagos
Added today
Best Properties
Premium
1
$1,800per sq.m
Residential land for sale
2500 SQMS Residential Land
Eko Atlantic City, Victoria Island. Downtown District. 2,500 SQM. $1,800 per SQM. $4,500,000 Total. Protected By an 8.5km Sea Wall Engineered for 1,000-Year Storm Surges. This Is Land Lagos's Flooding Problem Was Built to Never Touch. The problem There is a category of Lagos land buyer who has already accepted a hard truth most of the city hasn't: that flooding and drainage failure on the mainland and even parts of the Island are not occasional inconveniences. They're structural, recurring, and getting worse as sea levels and rainfall intensity both climb. That buyer isn't looking for another plot in a flood-exposed axis with a nice address attached. They're looking for the one part of Lagos that was engineered, from the ground up, specifically to solve that problem --- not manage around it. Eko Atlantic exists because of Lagos's flooding, not despite it. The project's origin traces back to a 2005 government proposal aimed squarely at permanently solving the erosion and flooding crisis at Bar Beach. What got built in response is an 8.5km sea defence --- the "Great Wall of Lagos" --- plus centralized drainage and water treatment systems designed into the city rather than retrofitted onto it. This listing is 2,500sqm in the Downtown District, inside that wall, at $1,800/sqm. The agitation Here's the pricing reality across Eko Atlantic right now, and where this parcel actually sits inside it. Land here is priced in three bands depending on zone: inner-city plots start from roughly $1,250/sqm, major road and boulevard-front plots run from about $2,000/sqm, and oceanfront parcels start north of $3,000/sqm --- with Financial District and Marina land reportedly pushing past $3,000/sqm as those zones near completion. This listing, at $1,800/sqm in Downtown District, sits between the inner-city floor and the boulevard tier --- priced as core Eko Atlantic land, not premium waterfront, and not entry-level either. For comparison, elsewhere on Victoria Island right now: an 8,000sqm waterfront parcel is listed at $12.5M, working out to roughly $1,562/sqm --- cheaper per sqm, but outside the sea wall and exposed to VI's ordinary drainage infrastructure rather than Eko Atlantic's purpose-built system. A 3,500sqm VI parcel is listed at ₦12,250,000,000, which at current exchange rates works out to roughly $2,500--2,600/sqm --- meaningfully more expensive than this Downtown District plot, for land that doesn't carry the same engineered flood protection. The pattern across the wider district is upward. A neighbouring oceanfront zone adjacent to Eko Atlantic has recorded independently verified land appreciation of between 660% and 751% between 2021 and 2026 --- driven specifically by investor demand for flood-protected coastal land as Lagos's broader drainage problems intensify. Eko Atlantic is the original version of that trade. Every month this specific Downtown District entry point remains at $1,800/sqm is a month closer to it repricing toward the boulevard and oceanfront tiers already in motion around it. The solution 2,500 square metres of vacant residential land, Downtown District, Eko Atlantic City, Victoria Island. $1,800 per square metre. $4,500,000 total. Here is what this specific asset delivers: Downtown District location. One of Eko Atlantic's core planned zones, inside the same master-planned infrastructure grid as the Financial District and Marina, without carrying the premium those two zones now command as they approach completion. You're buying into the city's structure at a mid-tier entry point, not its most expensive one. Engineered flood protection, not assumed safety. The Great Wall of Lagos is a documented, 8.5km sea defence structure designed to withstand storm surge conditions rated for a 1,000-year event. Centralized drainage and water treatment systems were built into Eko Atlantic's master plan specifically to eliminate the standing water and open-gutter flooding that affects large parts of Lagos, including some of its most expensive addresses. This is not a claim unique to this listing --- it's the documented premise the entire city was built on. Independent infrastructure. Eko Atlantic operates its own dedicated power generation, meaning residents and developers inside it aren't dependent on the same grid strained across the rest of Lagos. Water treatment is centralized rather than left to individual boreholes. 2,500sqm --- a genuine development footprint. Large enough to support a private residence at the scale this address demands, or a mid-rise development within Eko Atlantic's zoning parameters, without the footprint constraints smaller plots in the district carry. $1,800/sqm --- positioned below the district's premium tiers. At $4.5M total, this parcel is priced below comparable VI land outside the sea wall, and meaningfully below Eko Atlantic's own oceanfront and near-complete Financial District pricing --- the version of this trade available before the district's remaining undeveloped land closes out. Why this beats the alternatives on the table. A cheaper plot outside Eko Atlantic saves money upfront but inherits Lagos's broader drainage exposure --- the exact risk this district's sea wall and internal systems were engineered to remove. A pricier oceanfront or Financial District plot inside Eko Atlantic offers a more prestigious sub-address, but at a per-sqm cost this Downtown District parcel doesn't carry. The call to action 2,500sqm. Downtown District, Eko Atlantic City, Victoria Island. $1,800/sqm. $4,500,000 total. The buyer for this parcel is someone who has already ruled out building or buying in a flood-exposed part of Lagos, and is deciding between Eko Atlantic's remaining Downtown District entry points and its pricier, near-complete oceanfront and Financial District land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious inquiries only. Title and zoning documentation available on request. The wall is already 8.5 kilometres of concrete standing between this land and the water. The drainage is already built underground, not promised for later. The only thing not yet decided is whose name goes on this parcel. Land Type: Residential Land (Vacant) Size: 2,500 sqm Price: $1,800/sqm --- $4,500,000 total (≈₦2,457,907/sqm at posted conversion rate) Location: Downtown District, Eko Atlantic City, Victoria Island (VI), Lagos Flood Protection Context: Eko Atlantic is protected by the Great Wall of Lagos, an 8.5km engineered sea defence rated for 1,000-year storm surge events, with centralized drainage and water treatment built into the city's infrastructure. NPC Comparable Context: 8,000sqm waterfront land, VI (outside Eko Atlantic) --- $12,500,000 (≈$1,562/sqm) 3,500sqm land, VI --- ₦12,250,000,000 (≈$2,500--2,600/sqm) Eko Atlantic district-wide range: inner-city from $1,250/sqm; major roads/boulevards from $2,000/sqm; oceanfront from $3,000/sqm This listing: 2,500sqm, Downtown District, Eko Atlantic --- $1,800/sqm, $4,500,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-4
Eko Atlantic City, Victoria Island (VI), Lagos
Added today
Smilebay Realties Limited
Premium
1
₦2,200,000per sq.m
Mixed-use land for sale
2000 SQMS Mixed Use Land
Bishop Oluwole Street. Victoria Island. 2,000 SQM. ₦2,200,000 per SQM. ₦4,400,000,000 Total. Lagos State Certificate of Occupancy. Directly Opposite Eko Atlantic's Gate. This Is the Street the Whole District Is Building Toward. The problem There is a category of Victoria Island land transaction that most brokers advertise loosely and few actually deliver cleanly --- a genuine bareland parcel, on a named A-grade VI street, with a straightforward C of O, priced inside the street's real trading range rather than padded for a buyer who hasn't done their homework. Bishop Oluwole Street is one of the most actively traded land corridors on the island --- sitting directly opposite Eko Atlantic City's entrance, on the same axis as Ahmadu Bello Way and within reach of the Adeola Odeku commercial belt. Because of that position, it's also one of the most inconsistently priced streets in VI, with asking prices from different sellers ranging from ₦1.5M/sqm distress listings to ₦2.5M/sqm Governor's Consent parcels --- a spread wide enough that a buyer who doesn't check the actual comparable trades can easily overpay or misjudge a genuine deal as inflated. This listing removes that guesswork. 2,000sqm, Bishop Oluwole Street, Lagos State C of O, ₦2,200,000/sqm. The agitation Here is what the real, currently active comparable market on this exact street shows. Multiple bareland parcels of similar size on Bishop Oluwole Street are trading at ₦2,000,000/sqm with a standard C of O. A premium commercial parcel on the same street, also 2,000sqm, is listed at ₦2,400,000/sqm --- ₦4.8 billion total --- marketed specifically on its proximity to the financial district, embassies, and Eko Atlantic. A separate 2,000sqm parcel on the same street, with Governor's Consent already secured, is asking ₦2,500,000/sqm. Nearby, commercial land along Adeola Odeku --- a short distance from this street --- has traded at ₦3,200,000/sqm. This listing --- 2,000sqm, Bishop Oluwole Street, ₦2,200,000/sqm --- sits precisely between the standard ₦2,000,000/sqm bareland trades and the ₦2,400,000/sqm premium commercial comparable on the same street. It's priced above the basic entry point, reflecting real demand on this corridor, and below the premium tier and the Adeola Odeku benchmark --- without requiring the buyer to negotiate a Governor's Consent upgrade themselves, since the title here is already Lagos State C of O. Every week this parcel sits unsold at this price is a week closer to it trading toward the ₦2,400,000--2,500,000/sqm tier already active on the same street. The solution 2,000 square metres of vacant land, Bishop Oluwole Street, Victoria Island. Lagos State Certificate of Occupancy. ₦2,200,000 per square metre. ₦4,400,000,000 total. Here is what this parcel delivers: Bishop Oluwole Street position. Directly opposite Eko Atlantic City's entrance gate, on the same corridor as Ahmadu Bello Way, minutes from the Adeola Odeku commercial cluster. This is not a street building its reputation --- it's one already carrying it, evidenced by the range of active premium and standard trades happening on it simultaneously. Lagos State Certificate of Occupancy. A straightforward, recognized title instrument, ready for solicitor review, without the added step of a family-grant C of O requiring further verification or a Governor's Consent application still pending. 2,000sqm mixed-use footprint. Sized appropriately for a high-rise commercial or mixed residential-commercial development, consistent with what's already being built and traded on this exact street. ₦2,200,000/sqm --- positioned inside the real trading range, not above it. Priced above the basic bareland comparables on the same street, reflecting genuine demand, and below both the premium commercial parcel and the Adeola Odeku benchmark nearby. Why this beats the alternatives on the table. The ₦2,000,000/sqm comparables on this street are priced lower, but several are distress sales or lack the same immediate C of O clarity. The ₦2,400,000--2,500,000/sqm comparables cost more for a marginally stronger title position or marketing angle this parcel already effectively matches through its C of O and location. This is the mid-market, clean-title entry point on a street where both the floor and ceiling of pricing are already well established. The call to action 2,000sqm. Bishop Oluwole Street, Victoria Island. ₦2,200,000/sqm. ₦4,400,000,000 total. Lagos State C of O. The buyer for this parcel is a developer or investor who has already priced the Bishop Oluwole corridor against its real comparables --- not someone forming a first impression of VI land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The street is already active. The comparables are already trading. The only open question is which parcel on it carries your name. Land Type: Mixed-use Land (Vacant) Size: 2,000 sqm Price: ₦2,200,000/sqm --- ₦4,400,000,000 total Title: Lagos State Certificate of Occupancy Location: Bishop Oluwole Street, Victoria Island (VI), Lagos --- directly opposite Eko Atlantic City's entrance gate NPC Comparable Context (Bishop Oluwole Street & adjacent VI corridor): 2,000sqm bareland, Bishop Oluwole St --- ₦2,000,000/sqm (multiple active listings) 2,000sqm commercial, Bishop Oluwole St, premium C of O --- ₦2,400,000/sqm (₦4.8B total) 2,000sqm, Bishop Oluwole St, Governor's Consent --- ₦2,500,000/sqm 4,349sqm commercial, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 2,000sqm, Bishop Oluwole St --- ₦2,200,000/sqm, ₦4,400,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-3
Bishop Oluwole, Victoria Island (VI), Lagos
Added today
Smilebay Realties Limited
Premium
1
₦3,000,000per sq.m
Mixed-use land for sale
5000 SQMS Mixed Use Land
Ahmadu Bello Way. Victoria Island. Opposite Eko Atlantic's Gate. 5,000 SQM. ₦3,000,000 per SQM. ₦15,000,000,000 Total. Certificate of Occupancy. Larger Sizes Available. This Is the Corridor Where VI's Old Money Meets Eko Atlantic's New Money. The problem There is a category of Victoria Island land that rarely comes to market at genuine scale --- not 900sqm, not 2,000sqm, but a 5,000sqm parcel large enough to anchor a serious commercial or mixed-use development, sitting directly on Ahmadu Bello Way, opposite the entrance to Eko Atlantic City itself. Most VI land offered at this size is either landlocked away from a primary road, split across non-contiguous titles, or priced without regard to what's actually trading on the same corridor. Ahmadu Bello Way is one of VI's original arterial roads --- predating Eko Atlantic, running alongside it, and now positioned as the direct handoff point between the island's established commercial core and the new coastal city rising beside it. This listing is 5,000sqm on that road, C of O, ₦3,000,000/sqm --- with larger contiguous sizes available for a buyer whose development plan needs more. The agitation Here's what the comparable market on and around Ahmadu Bello Way actually shows. A 2,800sqm parcel on Ahmadu Bello Way, carrying a Federal C of O and an existing office structure, is listed at ₦9,000,000,000 --- working out to roughly ₦3,214,000/sqm. A fenced 2,500sqm bareland parcel elsewhere on VI is listed at ₦6,250,000,000, or ₦2,500,000/sqm. Commercial land on the adjacent Adeola Odeku corridor has traded at ₦3,200,000/sqm. This listing --- 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm --- sits just below the improved Ahmadu Bello Way comparable (which carries the premium of an existing structure and Federal-grade title) and above the fenced bareland comparable elsewhere on the island. That's the correct position for bare land, at scale, on one of VI's most direct routes into Eko Atlantic. What the pricing doesn't fully capture yet is the corridor effect. Ahmadu Bello Way's value proposition has shifted since Eko Atlantic broke ground --- it is no longer simply an old VI arterial road, it is the entry corridor to a city that's pricing its own internal land at $1,250 to over $3,000 per sqm and appreciating fast. Every month this parcel remains unsold, it does so on a road whose relevance to the adjacent, appreciating district only grows. The solution 5,000 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. Certificate of Occupancy. ₦3,000,000 per square metre. ₦15,000,000,000 total. Larger contiguous sizes available. Here is what this parcel delivers: Ahmadu Bello Way position, opposite Eko Atlantic's gate. A primary VI arterial road that now also functions as the direct approach to Lagos's most actively appreciating coastal district. This address benefits from both VI's established commercial density and Eko Atlantic's forward momentum, without being priced at Eko Atlantic's internal oceanfront rates. 5,000sqm --- genuine development scale. Large enough to anchor a commercial tower, a mixed-use development, or an institutional-grade project, without the footprint constraints of the smaller 900--2,000sqm parcels that dominate most VI land listings. Larger sizes available. For a developer or family office whose plan requires more than 5,000sqm, this listing extends --- a rare scaling option on a corridor where most available parcels are fixed and non-negotiable in size. Certificate of Occupancy. A recognized title instrument ready for solicitor review, positioning this parcel for straightforward due diligence rather than a title chain requiring reconstruction. ₦3,000,000/sqm --- priced against the corridor's real comparables. Below the improved Ahmadu Bello Way parcel with its existing structure and Federal C of O premium, above the fenced bareland comparable elsewhere on the island, and in line with the adjacent Adeola Odeku commercial benchmark. Why this beats the alternatives on the table. Smaller VI parcels elsewhere cost less in total but cap what can be built. Land inside Eko Atlantic itself, at the Financial District or Marina rates now exceeding $3,000/sqm, costs meaningfully more per sqm for a comparable development outcome. This parcel sits at the handoff point between the two --- VI-grade C of O, Eko Atlantic-adjacent momentum, at a scale few sellers on this corridor can currently match. The call to action 5,000sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦15,000,000,000 total. C of O. Larger sizes available. The buyer for this parcel is a developer or institution planning at genuine scale on one of VI's primary corridors --- not evaluating VI land for the first time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask about larger contiguous sizes. The road already runs straight to Eko Atlantic's gate. The scale is already available if your plan needs more. The only variable left is whose name goes on the C of O. Land Type: Mixed-use/Residential Land (Vacant) Size: 5,000 sqm (larger contiguous sizes available) Price: ₦3,000,000/sqm --- ₦15,000,000,000 total Title: Certificate of Occupancy Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 2,800sqm, Ahmadu Bello Way, Federal C of O, existing office structure --- ₦9,000,000,000 (≈₦3,214,000/sqm) 2,500sqm fenced bareland, VI --- ₦6,250,000,000 (₦2,500,000/sqm) Commercial land, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 5,000sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦15,000,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-047-9
Ahmadu Bello Way, Victoria Island (VI), Lagos
Added today
Smilebay Realties Limited
Premium
₦3,300,000per sq.m
Mixed-use land for sale
3400SQM
Directly on adeola odeku street, victoria island* Description: A prime 3,400sqm land parcel strategically located on Adeola Odeku Street, one of Victoria Island's most commercial and high-traffic corridors. Property Details Land Size: 3,400sqm Location: Adeola Odeku Street, Victoria Island - Suitable for commercial or mixed-use development - Excellent visibility and accessibility Price: ₦3,00,000 per sqm (Negotiable) Global William
Adeola Odeku, Victoria Island (VI), Lagos
Rosemond Hills Limited
Premium
1
₦2,800,000per sq.m
Mixed-use land for sale
Bareland Available Affordable
Land Forsale at Victoria island off Idowu Tarloy Victoria Island Lagos 2088sqm bareland for sale at enginering close Victoria island. Price: 2.8m/sqm Tittle: C of o For inspection and payment please call Effiong on +2348061330319
Off Idowu Tarloy Cresent, Victoria Island (VI), Lagos
Added today
2088 sqm
1digital Agency
Premium
1
$2,000per sq.m
Residential land for sale
17, 400 SQMS Residential Land
Land Size: 17,400 sqm - Property: Vacant land - Price: US$2,000 per sqm Title C of O Land can be subdivided and sold in smaller parts
Eko Atlantic City, Victoria Island (VI), Lagos
Added today
Smilebay Realties Limited
Premium
1
₦3,600,000,000
Mixed-use land for sale
1, 060 SQM Land - with Demolishable Structures
Ref:VI - nse - 18 Description: 1,060 SQM Land - With Structures Title: Lagos C of O. Location: Victoria Island Price: 3.5m Per SQM Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715
Victoria Island (VI), Lagos
Added yesterday
1060 sqm
No SQM Escapes
Premium
₦2,100,000per sq.m
Land for sale
Land
7000sqm Land with C of O @ saka tinubu victoria island 2.1M/sqm Ladi
Victoria Island (VI), Lagos
Added yesterday
6999 sqm
Peregrine Innovative Homes Limited
ADVERTISEMENT750 × 120
Premium
₦1,500,000per sq.m
Land for sale
Land
7024sqm Land with C of O @ oniru 1.5M/sqm Ladi
Oniru, Victoria Island (VI), Lagos
Added yesterday
7024 sqm
Peregrine Innovative Homes Limited
Premium
₦4,000,000,000
Land for sale
Land
1211sqm Land with commercial structure with C of O off saka tinubu victoria island 4b asking Ladi
Victoria Island (VI), Lagos
Added yesterday
Peregrine Innovative Homes Limited
Premium
₦2,500,000,000
Land for sale
Land
1300sqm Land with structure with C of O @ oniru 2.5b Ladi
Oniru, Victoria Island (VI), Lagos
Added yesterday
1300 sqm
Peregrine Innovative Homes Limited
Premium
₦2,000,000per sq.m
Land for sale
Land
3563sqm Land with Fed C of O @ victoria island 2M/sqm Ladi
Victoria Island (VI), Lagos
Added yesterday
3562 sqm
Peregrine Innovative Homes Limited
Premium
₦2,500,000per sq.m
Land for sale
Land
4300sqm Land with Fed C of O @ victoria island 2.5M/sqm Ladi
Victoria Island (VI), Lagos
Added yesterday
4300 sqm
Peregrine Innovative Homes Limited
Premium
₦2,500,000per sq.m
Land for sale
Land
2000sqm Land with Fed C of O @ victoria island 2.5M/sqm Ladi
Victoria Island (VI), Lagos
Added yesterday
2000 sqm
Peregrine Innovative Homes Limited
Premium
₦3,500,000per sq.m
Mixed-use land for sale
3, 400SQM Land
Deals on deals victoria island Size:3,400Sqm of land Location:Adeola Odeku Street,Victoria Island Title:Federal Allocation & C of O Price:3.5m Per Sqm
Adeola Odeku, Victoria Island, Lagos, Nigeria, Victoria Island (VI), Lagos
Added yesterday
Trinity CW Home and Property International Limited
Premium
1
₦10,000,000,000
Land for sale
3500SQM Land with Demolishable Structures
3,580sqm land with demolishable structures on it in the heart of Victoria Island. This property is ideal for mixed use development. Title is Lagos state and the price is N10bill
Bishop Oluwole Street, Off Akin Adesola Street, Victoria Island (VI), Lagos
3500 sqm
QPT Services Limited
Premium
₦12,250,000,000
Mixed-use land for sale
3500 Square Meters of Upend Land
Back into the market direct instruction 3500sqm land directly on Adeola Odeku, Victoria Island is available for sale. It is suitable for commercial or mixed-use development Excellent visibility and accessibility. Price: 3.5m/sqm The new owner (my client) has complete and all necessary documents for a seamless transaction. The property is 100% closeable. Title: Federal Allocation, C of O, Survey My direct instruction Jef 08033439035 Survey is available
Adeola Odeku, Victoria Island (VI), Lagos
3500 sqm
Michfranco Enterprises
Premium
₦2,500,000per sq.m
Mixed-use land for sale
2088SQM Land
SEMI-Direct Property Offer Location: Off Adeola Hopewell Street, Victoria Island, Lagos Title: Semi-Direct Land Size: 2,088 sqm Price: ₦2.5 Million per sqm Land title C of O a premium development opportunity in the heart of Victoria Island, strategically located just off Adeola Hopewell Street. This sizeable parcel is ideal for high-end commercial, mixed-use, hospitality, or residential development, offering excellent accessibility and strong investment potential in one of Lagos' most sought-after business districts. If you'd like, I can also format it as a luxury real estate brochure o
Off Adeola Hopewell Victoria Island, Victoria Island (VI), Lagos
2088 sqm
Henryprime
Showing 1–21 of 805 properties
Area Guide
About Victoria Island (VI), Nigeria
Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.
Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.
The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.
