Media and entertainment occupiers in Lagos typically cluster in Lekki Phase 1 / VI Extension, plan ~165 sqft per seat at high-end fit-out ($430000–640000/sqft), and pay around 80000 NGN/sqft ($60 USD) on Class A.

  • Preferred submarket: Lekki Phase 1 / VI Extension.
  • Typical fit-out spec: High-end ($430000–640000/sqft).
  • Plan ~165 sqft per seat for headcount sizing.
  • Class A rent context: 80000 NGN/sqft ($60 USD).
  • Typical lease: 2 years with 4 months rent-free.
  • Talent depth in Lagos: 74/100.

Media and entertainment office space in Lagos

Media and entertainment occupiers in Lagos typically cluster in Lekki Phase 1 / VI Extension, plan ~165 sqft per seat at high-end fit-out">fit-out ($430000–640000/sqft), and pay around 80000 NGN/sqft ($60 USD) on Class A.

TL;DR

  • Preferred submarket: Lekki Phase 1 / VI Extension.
  • Typical fit-out spec: High-end ($430000–640000/sqft).
  • Plan ~165 sqft per seat for headcount sizing.
  • Class A rent context: 80000 NGN/sqft ($60 USD).
  • Typical lease: 2 years with 4 months rent-free.
  • Talent depth in Lagos: 74/100.

Where they cluster

Media and entertainment occupiers in Lagos typically anchor in Lekki Phase 1 / VI Extension. Tech, fintech, multinational corporate, professional services.

What they pay

Class A rent in Lagos runs 80000 NGN/sqft ($60 USD) on a 2-year lease with 4 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical media and entertainment fit-out targets high-end specification at $430000–640000/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 165 sqft per seat blended (workstation + circulation + amenity). A 100-headcount media office in Lagos typically targets 16,500 sqft of leasable area.

Talent angle

Creative-class talent prefers loft-style, photogenic submarkets with adjacent agency and post-production ecosystems. Deep banking, oil and gas, fintech, and creative talent. Strong English-language professional base. Strong feed from University of Lagos, Lagos Business School, and Covenant University. Nigeria's tech ecosystem (Flutterwave, Paystack, Andela) anchors deep talent.

Tax and lease context

Headline corporate tax: 30%. USD-pegged or naira leases (USD common for international tenants). 2-3 year terms standard with renewal options. Often payable annually or 6-monthly in advance. Free rent of 3-6 months on a 3-year deal.

Key facts

cityLagos
industryMedia and entertainment
naics512, 515, 519130
preferredSubmarketLekki Phase 1 / VI Extension
preferredFitoutSpecHigh-end
fitoutBand$430000–640000/sqft
sqftPerSeat165
classARentLocal80000 NGN/sqft/yr
classARentUsd$60/sqft/yr
vacancyPct17.6%
typicalLeaseYears2
typicalRentFreeMonths4
talentIndex74
corporateTaxPct30%

Frequently asked questions

Where do media and entertainment occupiers lease office space in Lagos?
Most cluster in Lekki Phase 1 / VI Extension. Rent runs ~80000 NGN/sqft ($60 USD) for trophy and prime stock.
What fit-out spec do media and entertainment occupiers run in Lagos?
Typically high-end at $430000–640000/sqft.
How much office space per seat should a media and entertainment occupier plan in Lagos?
Plan ~165 sqft per seat blended. A 100-person team typically takes 16,500 sqft.
What NAICS codes describe the media and entertainment vertical?
Representative NAICS 2022 codes: 512, 515, 519130.
What is the talent index in Lagos?
74/100. Use the city profile for full detail.

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Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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