It depends 

If you live on the mainland and the work is in ikoyi, working from home is a lot better because 

You will spend hours in traffic and a good chunk of your salary will go for transportation, feeding and clothing 

Lastly...,

If you are driven, you could learn a new skill that can earn you more money while you work from home

Gists with colleagues in the office and office politics could be a huge distraction to your personal development