Wanyama has reportedly attracted the attention of clubs such as Manchester United and Arsenal after impressing for Celtic in his first season in the SPL last term.
Lennon says the transfer talk has not proved to be a distraction and he is confident of keeping hold of the versatile 21-year-old
"Interest in Wanyama doesn't surprise me because he's a class player. Whether that's welcome speculation or not, there's nothing I can do about it," Lennon said in the Daily Record.
"Until we get firm interest I can't comment any more. He has three more years to go and we might look to extend that.
"I'm content that he isn't being unsettled, you can see that in how he's playing and the way he comes in every day.
"I'm not surprised by the clubs supposedly looking at him. I think he's got all the attributes to be anything he wants to be."
Lennon has plenty of other options in midfield and if Celtic get a good price for Wanyama it would allow him to strengthen the squad in other areas.
He is keen to bring in reinforcements but maintains that the club do not want to lose their best players.
"Every player has his price but we're not a selling club - although every club sells players if they get the right offer," said Lennon.
"But it's right that we are spoilt for choice in terms of talented young players in midfield.
"We've trimmed the squad and it's a bit more compact, streamlined.
"There will be more togetherness about the squad and we can improve the quality of the players here, because they're relatively young and we can improve them all.
"Incoming business will depend on selling a player for decent money and getting the funds to spend. That hasn't changed since I took over.
"I have a couple in mind and, if the money becomes available, we will spend it."
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