Lagos real estate: The power, the money, and the market gap

    Adenike Alao  | Editor’s picks | Oct 24, 2025    
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In Lagos, real estate isn’t just business; it’s a battleground of ambition and access. From the glistening towers of Ikoyi to the sprawling estates of Ibeju-Lekki, property is the city’s most visible symbol of power and wealth creation. Yet, behind the billion-naira transactions and luxury high-rises lies a deep market divide: one where developers chase the affluent while millions still dream of affordable shelter.

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