Victoria Island (VI) is an affluent area that encompasses a former island of the same name neighbouring Lagos Island, Ikoyi and the Lekki Peninsula by the Lagos Lagoon. It is the main business and financial centre of Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to reside in Lagos. The town and island lie within the boundaries of the Eti-Osa Local Government Area (LGA).

Lagos Island is the principal and central Local Government Area (LGA) in Lagos, Nigeria. It was the capital of Lagos State until 1957. It is part of the Lagos Division. As of the preliminary 2006 Nigerian census, the LGA had a population of 209,437 in an area of 8.7 km2. The LGA only covers the western half of Lagos Island; the eastern half is simply referred to as Lagos Island East LCDA.