Population: 14,862,000

Transportation Traffic Things To Do More...

Banking and Finance in Lagos: What do you need to know?

Recent advice...Aaron Buchem on Dimapur, India: xDimapur, located in the northeastern state of Nagaland, is a prominent city known for its vibrant culture and rich traditions, blended with a touch of modernity. With a majority of… Read more ›

Recent advice...Bill on Dallas, United States: xDallas is a friendly City in North Texas. It is a Major city both of Texas and the US. The cost of living is reasonable but getting higher. Crime is… Read more ›

Recent advice...Dan on Shakopee, United States: xThe winters can be very cold so be ready. Nice in the spring, summer and fall. Not a lot of restaurant options. Read more ›

Recent advice...Mrs on Martinez, United States: xThis small city is located just over two hours from the beach, the mountains and the bigger cities, well populated with military retirees from other States as well as other… Read more ›

Recent advice...Mike on Reykjavík, Iceland: xIt’s expensive, but not in an over-the-top way for things like dining out (though hold the alcohol) or even groceries. Reykjavik is a pleasant place to live for a while… Read more ›

Recent advice...Cathrene on Cape Town, South Africa: xIf you are moving to Cape Town you will need to know that you are moving to the capital city for tourism. There is everything here, from the ocean, mountains,… Read more ›

Recent advice...peter on Bangkok, Thailand: xGreat nightlife, food and culture. The ultimate holiday experience. Read more ›

Recent advice...Agata on Shingletown, United States: xShingletown, is not really a “town” – there is no town center or a main street. It’s a zipcode-based, long and wide location in far northern California. As it’s in… Read more ›

Recent advice...Erika on Constantia Park – Pretoria, South Africa: xPretoria is a modern city with poorer areas surrounding the centre. It is safe enough to live in, but you have to be vigilant, because serious crime is a problem… Read more ›

Recent advice...Johan on Adana, Turkey: xIf you move to Adana be ready for unexpected power outages, street wedding parties that last all day and night, the azan blasting 5 times a day, flowed by a… Read more ›

Recent advice...John on Atlanta, United States: xAtlanta has temperate weather and a diverse population. It was the home of Martin Luther King and other major figures of the 1960s, American Civil Rights Movement. Read more ›

Recent advice...David on Mangaldan, Philippines: xMangaladan, is a good if a bit dusty in the dry season place to live. I have been here 4 years now and no troubles. The people are vary friendly. Read more ›

Recent advice...Carolyn on Austin, United States: xIf you’re moving to Austin you need to know that HEB is the best grocery store, so definitely choose your living situation to be close to a good one. If… Read more ›

Recent advice...Amy on Tucson, United States: xHousing is affordable and each area has good infrastructure (grocery stores, dentists, doctors, restaurants). Be prepared to enjoy the heat in the summer! Read more ›

Recent advice...Winnie on Nairobi, Kenya: xIt is the city under the sun. The only city with a national park in it. It is the fastest growing city in East Africa. The people are kind and… Read more ›

Recent advice...K on Bandar Seri Begawan, Brunei: xThere’s no opportunity for a long-term job. Read more ›

Recent advice...Amean on Shillong, India: xIf you go to Khasi hills, you should go and visit the many waterfalls and beautiful rivers. You will be able to connect with nature in a whole new level.… Read more ›

Recent advice...Ratie on Krugersdorp, South Africa: xSmall town just outside Johannesburg. Not that fast paced but just ok for your daily living. The malls have everything you need but you might need to pop into Johannesburg… Read more ›

Recent advice...Deborah on Ilorin, Nigeria: xIlorin is a very quiet and wonderful city. It houses Palms mall and the ongoing Emirates mall project. If you are looking for an area with light, you should consider… Read more ›

Recent advice...Mel on Denver, United States: xIt’s expensive now but a great place to enjoy restaurants, culture, and nice weather close to the mountains. Read more ›

Recent advice...Austin on Melbourne, Australia: xIf you’re moving to Melbourne, check out all the museums and restaurants and markets but be careful when going to Frankston or Dandenong or the inner city at nighttime. Read more ›

Recent advice...Tosin on Ikorodu, Nigeria: xIf you are moving to Ikorodu, especially if it’s inside Ikorodu like Garage or Gberigbe, you have to be cautious and walk briskly. You don’t have to be smiling on… Read more ›

Recent advice...Kundan on Cotonou, Benin: xWonderful and expat friendly place for work-oriented visit. Read more ›

Recent advice...Rafael on Bangkok, Thailand: xBangkok is a very busy city with big problems like big traffic pollution but it is probably one of the cheapest places to live in Thailand if you know where… Read more ›

Recent advice...Cynthia on Richland Center, United States: xThe birthplace of Frank Lloyd Wright and GTE phone company. A great community to live a quiet and peaceful life. Within easy driving distance to excitement found in Madison, LaCrosse… Read more ›

Recent advice...Kenneth on Kansas City, United States: xIf you’re moving to KC you’ll enjoy the worlds best BBQ, world class theater, Super Bowl Champs, and a city filled with night life. Easy to navigate with so many… Read more ›

Recent advice...Eileen on Rochester, United States: xFriendly folks: Rochester, NY is ranked 2nd friendliest city in U.S. and 9th most liveable city in U.S. (2023). Festivals: the world’s largest Lilac collection is celebrated for two weeks… Read more ›

Recent advice...Albert on Accra, Ghana: xMy city is one of the fast growing cities in Africa, the city has various people from various tribes across the country speaking various languages with Twi being the dominant… Read more ›

Recent advice...Kew on Bangalore, India: xBe careful about the areas you stay at, there is an added concern of water shortage during summer, so account for that. Pick a place close to work or visit… Read more ›

Recent advice...Jason on Balsam, United States: xVery peaceful, nature, waterfalls, and friendly people. Read more ›

Random City

From retail banking to investing, here's what nine local experts had to say about finance in Lagos.

Lagos is a world class destination and has most jobs. Even though it’s not the biggest state in the country Lagos remains the most popular and major financial centre. Lagos remained it’s status as capital when Nigeria obtained its independence from Britain in 1960. It was the capital of Nigeria from 1914 to 1991.

HELPFUL REPORT

Lagos is the most popular city in Nigeria. It is a highly populated city where daily people are always in a hurry. Lagos is the business capital of Nigeria. There are so many industries there which makes it the financial centre which handles eighty percent of the country import and export businesses.

HELPFUL REPORT

Lagos, Nigeria’s largest city, sprawls inland from the Gulf of Guinea across Lagos Lagoon. Victoria Island, the financial center of the metropolis, is known for its beach resorts, boutiques, and nightlife. To the north, Lagos Island is home to the National Museum Lagos, displaying cultural artifacts and craftworks. Nearby is Freedom Park, once a colonial-era prison, and now a major venue for concerts and public events.

HELPFUL REPORT

Named by the Portuguese, Ruy de Sequeira, in the 1400s upon his visit, Lagos is the economic hub of Nigeria. Lagos is a major financial centre for all of Africa. It is the sixth-largest city in the world by city population, and is also known for its beach resorts, nightlife and activity. Though it is the smallest state in the country, Lagos remains the most populous in Nigeria.

HELPFUL REPORT

It is a huge megacity with a population of over 20,000,000 people. It is the financial centre of the Nigeria. It is known for its nightlife and beach resorts. It is known as very busy. It has a bad transport system. It is perfect for great business start up.

HELPFUL REPORT

Lagos is a beautiful city with hospitable people, beautiful landscape, good hotels for every budget, loves to have fun and has many night spots for night crawlers. Due to the population of my city, the city experiences a lot of vehicular traffic which could be frustrating. My city is known for its peace.

HELPFUL REPORT

Lagos is a major financial centre in Africa; the megacity has the highest GDP, and houses one of the largest and busiest ports on the continent. As of 2019, the Lagos Metropolitan Area is the largest in Africa and one of the largest in the world. It is known for business, commerce and trading.

HELPFUL REPORT

Lagos is very busy and lively. In fact, it is well known in Nigeria as a city alive with a lot of hustle and bustle. Lagos is a city where businesses thrive; big, small and even medium-sized. It is also possible for its thriving nightlife. Arguably, it is the most populated city in Nigeria, because it’s where most Nigerians believe they have to go to make their financial dreams come through.

HELPFUL REPORT

Lagos is the largest city in Nigeria. It is one of the largest growing cities in the world and one of the most populous urban centers. From above the city looks like any modern city. The city is dominated by modern, high-rise offices, surrounded by miles of sprawling suburbs, linked by busy roads.

At street level, the air is filled with noise from generators, that power the city owing to the unreliable energy supply, motorbikes, and yellow minibus taxis.

Despite Lagos no longer being the capital of Nigeria it retains its importance as the center of trade and commerce. Eighty percent of Nigeria’s industry is within Lagos. It remains the main financial center of West Africa. The city has an international airport and an important seaport.

HELPFUL REPORT

Transportation Traffic Things To Do More...

Cost of Living Diversity Nightlife Jobs Safety and Crime Quality of Life Shopping Beaches Weather Restaurants Housing Education Music Pros and Cons Downtown Language Sanitation Religion Income Inequality Parks History Police Natural Disasters Homelessness Museums Medicine Politics Air Quality Parking Military Christmas Social Unrest

Banking and Finance in Lagos: What do you need to know?

Sign up for the Crowdsourced Explorer newsletter

Possibly win $100 by telling us about your city:

Help other people by sharing tips about your city:

Help others learn about the world:

Tell us about your city in 60 seconds:

Participate in the CE community:

Leave a comment

Thank you!