Classy and Cheap Restaurants in Ikoyi

AtlanticRide Team

This Article was Reviewed by The Chief Editor, Godfrey

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Zolene Restaurant, Samantha Bistro and Grill, and Danfo Bistro & Dives are some of the classy and cheap restaurants in Ikoyi, Lagos. 

Are you in Ikoyi, Lagos, or its suburbs and looking for a classy dining experience without breaking the bank? This article aims to provide you with answers. Relax and read on! 

IKOYI, Lagos! This upscale neighborhood is home to various restaurants that offer great food and great value.

Ikoyi is one of the high-end neighborhoods in Lagos and is synonymous with luxury, sophistication, and a lifestyle that exudes opulence. But what if I told you that amidst the high-end establishments, there are classy and cheap restaurants in Ikoyi?

Restaurants that combine class with affordability, where your taste buds can dance without you spending a fortune. Read on as I’ll introduce ten classy but affordable restaurants in Ikoyi.

READ ALSO: Cheap but Luxury Hangout Spots in Festac, Lagos

Top 10 Classy But Cheap Restaurants In Ikoyi

If you’re looking for classy yet affordable dining options in Ikoyi, Lagos, here are a few restaurants worth considering:

Note: The list is given in no order

1. Zolene Restaurant

Classy and Cheap Restaurants in Ikoyi

Zolene Restaurant is worth visiting if you’re looking for a classy and cheap restaurants in Ikoyi. They offer the best fresh local products, ranging from peppered snails to jollof rice, African pesto, and many more. You’ll surely love it!

There’s also a lovely decor with indoor and outdoor dining. So you and your friends can opt for the outdoor experience.

Also, do you know Zolene Restaurant makes food fresh to order? Well, that’s exactly the case there. So you can be sure to have the best meal at Zolene Restaurant.

While waiting for your meal to arrive, you can move to the green area to play indoor games with friends. Isn’t that interesting?

Location: 26 Mekunwen Road, Ikoyi, Lagos State

Opening hours: 8:00 am to 10:00 pm daily.

Price Range: #4000 – 7000

2. Samantha Bistro and Grill

Classy and Cheap Restaurants in Ikoyi

If you’re looking for a quick bite or a leisurely meal in the Ikoyi axis, Samantha Bistro and Grill suits you. 

Their prices are reasonable, and the menu is full. So prepare to take some time to study the menu. You may want a lot of things because the price is reasonable!

Their French toast, burgers, and lemonade are among the best in Lagos. Another interesting feature of this restaurant is that the setting feels like you’re in a friend’s home.

There are books to read and board games to play. It is a very nice setting, with an inner and outer dining area.

Location: 7 Rumens Rd, Ikoyi, Lagos.

Operating hours:

Monday: 11:00 am–7:00 pm

Tuesday to Friday: 8:00 am–10:00 pm

Saturday: 8:00 am–10:00 pm

Sunday: 9:00 am–10:00 pm.

Price Range: An average meal goes for around #4000

3. Danfo Bistro & Dives

Classy and Cheap Restaurants in Ikoyi

Danfo Bistro & Dives is a lovely place set up like the inside of a Danfo bus; even its body takes the shape of a typical Danfo bus but has an open-roof dining area.

Danfo is a good place to chill and enjoy traditional delicacies such as Ewa Agoyin with many plantains and Agege bread, Jollof rice, etc.

I once had the opportunity to visit this restaurant, and I must mention that the Ewa Agoyin served here is just one of the very best. If you’re looking for a place to enjoy eating beans at its peak, visit Danfo Bistro & Dives.

Location: 2 Alexander Rd, Ikoyi, Lagos, Nigeria.

Operating hours: From 8:00 am to 1:00 am daily.

Price Range: You can get a plate of Ewa Agoyin with lots of plantains for 3000 – 5000.

4. Black Olive Restaurant

Classy and Cheap Restaurants in Ikoyi

Black Olive Restaurant is another classy and cheap restaurants in Ikoyi which offers a fantastic dining experience without a hefty price tag. It is one of the classy but cheap restaurants in Ikoyi that offers African-inspired dishes like Baracuda fish and vegetable rice.

It’s a great spot for both casual dining and special occasions. It is also perfect for relaxing alone, clearing your head, or having fun with friends.

Also, there’s no doubt about the high class of this restaurant, with all sorts of food that tastes great. Black Olive balances elegance and affordability!

Location: 63, Awolowo Road, Ikoyi, Lagos, Nigeria.

Operating hours: From 10:00 am to 10:00 pm.

Price Range: #4000 – #6000. For example, a pan-grilled barracuda sells for #4800.

5. Abstract Ikoyi

Abstract restaurant is located within a building of an art gallery. The art gallery is a glass door away from the restaurant itself. So after a very good dining experience at the restaurant, you can walk around to appreciate some artwork.

Their food prices are reasonable and are of sizable portions. The interior, however, is a treasure cove and an art lover’s dream space. It has a lovely ambiance with a nice selection of background music.

“I love that it has an art gallery in the building.”

Location: 96 Norman Williams St, Lagos.

Opening Hours: 9:30am – 11pm Sunday to Thursday, 9:30am – 10:30pm Friday, 9:30am – 10pm Saturday.

Price Range: #5000 – #7000

6. Toasties

Classy and Cheap Restaurants in Ikoyi

Toasties is a nice restaurant for a quick breakfast, brunch, or lunch. Their menu is affordable, though their sitting area isn’t too big. 

Their food is tasty, and the wait time isn’t too long. They offer delivery to their environs. Check them out whenever you’re in Ikoyi!

They specialize in hot toasted fusion sandwiches, which makes it a great place for family, small business meetings, or a quiet hang out on a date. It is one of the classy and cheap restaurants in Ikoyi that you’ll always want to visit because of its quality and affordability.

They also offer daily specials like Taco Tuesday, Wing Wednesday, and Bao Thursday. Meal prices are very affordable; you can either dine at the restaurant or order takeout.

Location: 113 Awolowo Rd, Ikoyi 106104, Lagos

Opening Hours: 7am – 10pm Monday to Friday, 9am – 10pm Saturday, 11am – 8pm Sunday

Price Range: #3000 – 5000

7. Eric Kayser

Classy and Cheap Restaurants in Ikoyi

Eric Kayser is a Classy Parisian-themed restaurant that serves the best cream pasta. Having heard people hype this place, I finally got to visit and have lunch with my friend, and it was simply refreshing.

The food portions were filling enough for the price, and the menu had many options. I also discovered that you can use your laptop if you wish to do some light stuff or while waiting for a meeting.

Eric Kayser is the perfect spot for breakfast, lunch, meetup, and everything else. There’s outdoor seating if you want to experience the cool breeze in Ikoyi.

It is one of the classy and cheap restaurants in Ikoyi because it offers mouth-watering pastries and full-course meals at very pocket-friendly prices.

Location: 9 Osborne Rd, Ikoyi 106104, Lagos

Opening Hours: 7:30 am – 10 pm

Price Range: You can get a classic mean for around #4200 to #6000

8. Godaif Village

Classy and Cheap Restaurants in Ikoyi

The restaurant has different seating areas, including an indoor seating area, an outdoor seating area, and an outdoor seating area by the swimming pool.

One peculiar thing that stands out about the restaurant is its family and kid-friendly atmosphere. There is a play area for children, which is great for families with young kids.

Godaif Village has serene settings – perfect for casual meetings, date nights, or relaxed family hangouts. The playground for kids is quite lovely for children to have a nice time.

Location: Casa Asmarina, 26B Turnbull Rd, Ikoyi 101233, Lagos

Opening Hours: 8 am – 10 pm Monday to Sunday

Price Range: #4000 – #6000

9. The Seetle

Classy and Cheap Restaurants in Ikoyi

The Seetle is a lovely space in Ikoyi that offers very fresh and delicious food. It features a coffee shop, restaurants, and workspace.

They offer an extensive menu of delicious meals. If you’re visiting for the first time, try their best-selling English Breakfast.

It is a perfect place for dates, meetings, celebrations, and almost anything. It is like little Italy in little Ikoyi.

Location: 9 Keffi Street, off Awolowo Rd, Ikoyi, Lagos

Opening Hours: 9 am – 8 pm Tuesday to Saturday, closed Sundays & Mondays

Price Range: #4000 – #6000

10. Casa Lydia

Classy and Cheap Restaurants in Ikoyi

One thing I like most about this place is the serenity and the speedy preparation time of their meals. It’s a cool place to hang out and have brunch or a quick meetup between work. It is a lovely place!

The prices are reasonable, and the food offered here is fresh; you’ll surely enjoy every bit of money spent in this restaurant.

This is in addition to the clean and well-maintained environment, with a clean kitchen and tidy dining areas. Let me also mention that it’s a cool spot for your leisure.

Location: 19 Glover Rd, Ikoyi, Lagos

Opening Hours: Monday – Sunday from 8 am – 11 pm

Price Range: #3000 – 5000


To sum up, there’s no need to sacrifice quality when looking for restaurants in Ikoyi. There are various classy but cheap restaurants around that will provide you with delicious meals and great dining experiences.

Whether you’re looking for where to eat something simple, local, or even international, you’ll find somewhere in Ikoyi, Lagos. So next time you’re looking for a place to eat in Ikoyi, one where you’ll enjoy luxury, affordability, and delicious meals, be sure to check out any of the above-listed restaurants. I hope you find one that suits you!


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About the Chief Editor

Godfrey Ogbo, the Chief Editor and CEO of AtlanticRide, merges his environmental management expertise with extensive business experience, including in real estate. With a master's degree and a knack for engaging writing, he adeptly covers complex growth and business topics. His analytical approach and business insights enrich the blog, making it a go-to source for readers seeking thoughtful and informed content.

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