Banana Island, Lagos is synonymous with luxury living in Nigeria. With sprawling estates and waterfront views, it’s no surprise that the title of most expensive house belongs to a business tycoon. The reigning champion remains Mike Adenuga’s mansion, a testament to architectural grandeur and opulent design.
Adenuga, the telecom magnate behind Globacom, reportedly invested a staggering N80 billion in this palatial residence. While details about the interior are scarce, estimates suggest it offers over 100 bedrooms and extends over 10,000 square meters. Grand features likely include imported marble finishes and expansive living areas, befitting its status as the pinnacle of Banana Island luxury.
While there have been whispers of other contenders emerging in Lagos’ ultra-wealthy circles, for now, Adenuga’s mansion remains the undisputed king. Its sheer scale and reported price tag solidify its position as a symbol of Nigeria’s extravagant real estate market.
