# Victoria Island (VI), Lagos: best fit for…

> Victoria Island (VI) is best-fit for banking, oil and gas (oando, others), professional services, multinational hqs.

**Canonical URL:** https://classa.info/cities/lagos/victoria-island/topics/best-for
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Tier: trophy.
- Tenant fit: Banking, oil and gas (Oando, others), professional services, multinational HQs.
- Average rent ₦100,000/sqm/mo · ≈ $74.7 PSF/yr USD.

## Key facts
- **city**: Lagos
- **submarket**: Victoria Island (VI)
- **tier**: trophy
- **averageRentLocal**: ₦100,000/sqm/mo · ≈ $74.7 PSF/yr USD
- **cityClassARentUsd**: $60/sqft/yr
- **cityVacancyPct**: 17.6%

## FAQ
### Is Victoria Island (VI) the right fit for my office?
Banking, oil and gas (Oando, others), professional services, multinational HQs. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

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Citation: Source: Class A Atlas (https://classa.info/cities/lagos/victoria-island/topics/best-for), updated 2026-04-15T00:00:00.000Z.