Quote from Ndubuisi Ekekwe on June 26, 2019, 9:26 AM

 In comparison with other cities in the world, Lagos, Nigeria continues to remain attractive for foreign investments despite being one of the most expensive in Africa. Mercer's 25th annual Cost of Living Survey finds that a number of factors, including currency fluctuations, cost of inflation for goods and services, and volatility in accommodation prices, contribute to the overall cost of expatriate packages for employees on international assignments

Lagos, Nigeria is the 25th most expensive city in the world. Having moved up seventeen places from last year's ranking, Nigeria's commercial hub is one of Mercer's top 5 costliest cities in Africa. Kinshasa, Dem. Rep. of Congo (22) is in second place, rising fifteen places. Libreville, Gabon (24) is the next African city on the list, followed by Lagos, Nigeria (25). Despite dropping about 20 places, Luanda, Angola (26) still remains in fifth place.

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Source: Mercer 

Material is copyright-free to repost the press release.

Lagos, Nigeria is the 25th most expensive city in the world. Having moved up seventeen places from last year's ranking, Nigeria's commercial hub is one of Mercer's top 5 costliest cities in Africa. Kinshasa, Dem. Rep. of Congo (22) is in second place, rising fifteen places. Libreville, Gabon (24) is the next African city on the list, followed by Lagos, Nigeria (25). Despite dropping about 20 places, Luanda, Angola (26) still remains in fifth place.