Executive Bed and Board

American businessmen traveling to Lagos should prepare by getting more than just a passport and a yellow-fever shot. These days, they should also bring along an unlimited expense account or a stash of cash. Reason: the capital of Nigeria is now the world's most expensive city, according to Business International, a New York consulting firm. Indeed, with such eye-opening price tags as $156.25 for a hotel room, $625 a week for car rental, $48.88 for a meal for one and $350 for a night on the town with three clients, a businessman's expense statement in Lagos soon begins to resemble this...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!