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Places You Can Live Comfortably on the Lagos Island and Mainland, by Dennis Isong

VI is the business hub of Lagos, but it also has amazing residential areas. You’ll find top-notch apartments, good schools, fine dining, and beaches. The only downside? The rent is not smiling. But if you want to live close to work and still enjoy premium comfort, VI is an excellent choice.

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You know how Lagos is, right? One minute, you’re stuck in traffic for three hours, and the next, you’re enjoying the best suya of your life.

But let’s be honest—where you live in Lagos can make or break your experience.

That’s why we’re here, to help you find places you can comfortably live, whether you prefer the Island’s flashy vibes or the Mainland’s rugged charm.

Best Places to Live on the Island

▪︎Lagos Island and Mainland \ Shutterstock.com

If you love the soft life and don’t mind paying premium prices, the Island is for you. Here are some top areas to consider:

1. Ikoyi

If Lagos had a VIP section, it would be Ikoyi. This place is home to the rich and powerful. The roads are clean, the houses are luxurious, and security is top-notch.

Expect well-paved streets, high-end restaurants, and some of the most expensive real estate in Nigeria. If your wallet can handle it, Ikoyi is one of the best places to live in Lagos.

2. Victoria Island (VI)

VI is the business hub of Lagos, but it also has amazing residential areas. You’ll find top-notch apartments, good schools, fine dining, and beaches. The only downside? The rent is not smiling. But if you want to live close to work and still enjoy premium comfort, VI is an excellent choice.

3. Lekki Phase 1

Lekki Phase 1 is for those who want the Island experience but can’t quite afford Ikoyi or VI. It has a mix of luxury and affordability (by Lagos standards). You’ll find many young professionals, good schools, nice estates, and fun places like malls and lounges. However, be ready for traffic, especially during rush hours.

Places like Phase 1 and Phase 2 are particularly popular for their neat environment and relatively stable electricity.

4. Chevron Drive and Ajah

These areas are for people who want the Island life but at a slightly more affordable rate. Ajah has seen major development, with beautiful estates and good roads. Just make sure your house is in a flood-free zone because rain in Lagos can humble even the best plans.

5. Eko Atlantic

This is the future of Lagos. A city built on reclaimed land from the Atlantic Ocean, offering ultra-modern apartments, luxury living, and state-of-the-art infrastructure. If you have the budget for it,

Eko Atlantic is the definition of futuristic living.

Best Places to Live on the Mainland

The Mainland is for those who love Lagos but don’t want to sell a kidney to afford rent. Here are the best places to live comfortably:

1. Ikeja

Ikeja is the capital of Lagos and one of the best places to live on the Mainland. Areas like GRA, Maryland, and Magodo offer good housing, reliable electricity, and less traffic compared to other parts of the Mainland. Plus, you have easy access to the airport, malls, and entertainment spots.

2. Magodo

Magodo feels like the Ikoyi of the Mainland. It is a secure, well-planned area with good roads, beautiful estates, and an organized environment. If you want a peaceful lifestyle with a touch of luxury but don’t want to cross the Third Mainland Bridge every day, Magodo is a great option.

3. Yaba

Yaba is the tech hub of Lagos. With Unilag and several startups in the area, it has a youthful, vibrant feel. Yaba is also home to affordable and decent housing, good transportation links, and a bubbling nightlife. If you’re a young professional or student, Yaba is a solid choice.

4. Surulere

Surulere is the best mix of old and new Lagos. It has good residential estates, a lively social scene, and is centrally located.

You can get to the Island easily while still enjoying affordable rent. Plus, it’s home to the National Stadium, where you can catch football matches and concerts.

5. Ogudu GRA

Ogudu GRA is a hidden gem. It has a serene environment, great road networks, and reliable security. It’s close to both the Mainland and the Island, making it convenient for professionals who need easy movement around Lagos.

6. Festac and Amuwo-Odofin

If you love space and want a family-friendly environment, these areas are great options. They have organized estates, good schools, and a peaceful vibe that is rare in Lagos. Plus, they are close to the Lagos-Badagry Expressway, making travel easier.

7. Gbagada

Gbagada is another top pick for Mainland living. It is well-planned, has a good mix of modern and old buildings, and offers easy access to both the Island and other parts of the Mainland.

▪︎For personalized assistance with property needs in Jakande and the broader Lagos area, interested parties can contact Dennis Isong, a top Lagos realtor specializing in helping Nigerians in the diaspora own property stress-free. He can be reached at +2348164741041.  

Business

Government Can’t Run Business Effectively – Dele Oye

We all know the failed history of government being involved in business. Ajaokuta… they have blown $8 billion and have not produced one steel; they blew $3 billion on refineries rehabilitation… and nothing happened. We are not having any fuel from them

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Barr Dele Oye, the former president of NACCIMA, at the Vanguard Economic Discourse 2026 edition in Lagos on Wednesday, advised the federal government to limit its role to policy support and facilitation rather than involvement in commercial business activities.

Oye, now the Chairman of Alliance for Economic Research and Ethics (AERE) , cited past failures such as the Ajaokuta Steel Company and refineries rehabilitation projects.

He said: ” We all know the failed history of government being involved in business. Ajaokuta… they have blown $8 billion and have not produced one steel; they blew $3 billion on refineries rehabilitation… and nothing happened. We are not having any fuel from them.”

Oye maintained that government lacks the capacity to run businesses effectively.

” You have no track record in running any business… you cannot be government and also be private sector,” he said.

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Business

John Ternus is Apple’s incoming CEO

John Ternus, Apple’s longtime hardware boss, is taking over as CEO, becoming just the second leader since Steve Jobs departed in 2011, less than two months before he died from cancer.

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• John Ternus / CNBC / Getty Images

Tim Cook’s 15-year tenure as Apple CEO comes to an end on Sept. 1, the company announced on Monday.

John Ternus, Apple’s longtime hardware boss, is taking over as CEO, becoming just the second leader since Steve Jobs departed in 2011, less than two months before he died from cancer.

CNBC reports that as Cook exits, Apple faces numerous challenges, including an intricate supply chain that’s complicated by geopolitical tensions and soaring prices for memory due to unprecedented demand from the AI buildout.

But for Ternus, perhaps the most critical aspect of his new job will be pushing the company deeper into AI, where it’s lagged many of its megacap peers.

It said that so far, Apple’s AI strategy has involved avoiding hefty capital expenditures while MicrosoftGoogleAmazon and Metacommit to hundreds of billions of dollars a year in combined capex to fund new data centers and fill them with pricey AI chips.

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Business

NCC, CBN launch telecom industry portal to track fraudulent phone lines

“This means banks and other financial institutions can determine whether a line is active, swapped, disconnected, or reassigned to another subscriber.”

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The Nigerian Communications Commission (NCC), and the Central Bank of Nigeria ( CBN), have launched a portal that enables financial institutions to track fraudulent and suspicious phone lines across the country.

It is called the Telecoms Identity Risk Management System (TIRMS) portal , aimed at providing financial institutions with real-time visibility into the status of phone numbers used for transactions.

“The portal aggregates data on churned or recycled lines and numbers flagged for suspicious activities.

“This means banks and other financial institutions can determine whether a line is active, swapped, disconnected, or reassigned to another subscriber,” said the Executive Vice Chairman of NCC, Dr. Aminu Maida.

Speaking during the MoU signing event, Maida said that the agreement provides a structured framework for cooperation in critical areas, including payment system integrity, fraud mitigation, digital inclusion, and consumer protection.

On his part, Governor of CBN, Mr. Olayemi Cardoso, said the MoU would strengthen coordination on regulatory approvals, technical standards, and innovation initiatives, including sandbox testing.

He noted that the partnership aligns with the apex bank’s commitment to promoting a secure, resilient, and inclusive financial system.

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