7 Famous Nigerians Who Have Homes On Banana Island


Banana Island, an artificial island in Lagos, Nigeria, is renowned for its luxurious residences and is home to some of the wealthiest individuals in the country. This exclusive enclave is known for its high-end real estate, state-of-the-art amenities, and celebrity residents.

Among these affluent residents are several renowned Nigerian actors and actresses who have made their mark in the entertainment industry and live in Banana Island’s opulent surroundings. Here are seven notable Nigerians who own homes in Banana Island as compiled by Naijassador.

1. Davido

David Adeleke, known by his stage name Davido is not only a musician but also a record label owner and producer. Banana Island is famous for being the home of music star, Davido. The mansion boasts of modern architecture and features a pool, home theatre, plus more decadent amenities. It is reportedly worth about $1,500.000. Davido’s home seems to reflect his vibrant personality and success in the entertainment industry.

2. Linda Ikeji

Although more popularly recognizable as a blogger and media entrepreneur, Linda Ikeji has also left her print marks in the world of cinema while functioning as a producer. Her mansion in Banana Island worth over 2 billion dollars is one of the most expensive houses within the space. The expansive estate includes multiple bedrooms, a modern kitchen and landscaped gardens. Her residence is a testament to her hard work and success in the media and entertainment sectors.

3. Aliko Dangote

Aliko Dangote is Africa’s richest man and a global business magnate, undoubtedly has a residence befitting his stature. Little has been reported regarding his property at Banana Island except that it is worth over $30 million. For someone so rich we can only imagine that it is an architectural wonder replete with the finest of living conditions.

4. Mike Adenuga

Another resident who has opted for secrecy on his Banana Island home is Mike Adenuga, the owner of Nigeria’s second-largest mobile phone network Globacom. However, given his opulent lifestyle and entrepreneurial spirit, one can only assume it’s a state-of-the-art Smart home or offers some sort of incomparable amenity. He also reportedly has the most expensive mansion on the Island that worth over $33 million.

5. Sayyu Dantata

Sayyu Dantata is a business magnate who is also the president of the Dangote Group and likely has a residence that reflects his sophisticated taste. While specifics are unknown, it’s safe to assume his Banana Island home embodies elegance and functionality, catering to his busy lifestyle.

6. Peter and Paul Okoye (P-Square)

The P-Square brothers, Peter and Paul Okoye, reigned supreme in the Nigerian music industry for over two decades. Their Banana Island mansion, valued at over N1.5 billion, reflects their success. It embodies a blend of luxury and functionality, likely featuring a recording studio or music space, alongside lavish living areas.

7. Iyabo Obasanjo

Iyabo Obasanjo, daughter of former Nigerian president Olusegun Obasanjo, is another prominent figure residing on Banana Island. While details about her residence are private, her lineage and public profile suggest a home that reflects her position and provides ample security and comfort.


Banana Island is home to some of Nigeria’s most successful personalities in the country. Their luxurious residences reflect not only their achievements in the entertainment industry but also their taste for the finer things in life. These homes in Banana Island are not just places to live; they are sanctuaries where these famous people can unwind, entertain, and enjoy the fruits of their labour. As they continue to make their mark in Nollywood and beyond, their lavish homes stand as symbols of their success and enduring influence.

Written by Sarah Aboje


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