Sports
NOVA Bank Sponsors The Nigeria Cup Golf Tournament to Champion Golfing Excellence

NOVA Bank has reaffirmed its commitment to the well-being and interests of high-net-worth individuals by sponsoring the 27th Nigeria Cup Golf Tournament.
Hosted at the prestigious Ikoyi Golf Club 1938, the annual tournament for 2024 took place from September 21st to Saturday, September 28th, 2024.
The Nigeria Cup Golf Tournament, organized by the Ikoyi Golf Community Nigeria Association (IGCNA), showcased the remarkable talent of golfers and the sport’s capacity to foster connections across the board.
NOVA Bank has long valued golf as a recreation sport for business executives to network and relieve stress.
This year, Mr, Tayo Babalakin emerged as the Nigeria Cup 2024 Champion, clinching the title with a stunning 85 gross with Handicap (HCP) 19 = 66 net. This victory etched Tayo Babalakin’s name in the history books as the 27th champion of this celebrated tournament.
As a former merchant bank serving high-net-worth clients, NOVA Bank has long valued golf as a recreation sport for business executives to network and relieve stress.
The Bank’s transition to a national commercial bank has not diminished this commitment but has instead deepened its relationship with the golfing community, as reflected in its ongoing partnership with the Nigeria Cup.
Mr. Phillips Oduoza, Chairman of NOVA Bank and an avid golfer, highlighted the importance of the partnership in a speech presented by Mrs. Esther Adino, on his behalf. “As a long-term partner of the Nigeria Cup and the Ikoyi Club Golf Section, this annual event is always a delight for us at NOVA.
It provides a unique opportunity to engage with our esteemed customers and the broader community while celebrating the beautiful game of golf.
For over four years, NOVA Bank has been a proud supporter of this tournament, a sponsorship that aligns with our dedication to fostering wealth creation and enhancing the well-being of our customers.
Golf plays an essential role in that mission, allowing us to connect with our HNI clients in a meaningful and engaging environment.
We consider ourselves long-term sponsors of this tournament, and we are pleased to deepen our partnership with Ikoyi Golf Club. We look forward to exploring new opportunities for collaboration to elevate this esteemed club further.”
Reiterating NOVA’s involvement, Mrs. Chinwe Iloghalu, Executive Director of Institutional and Commercial Banking at NOVA Bank, added, “Our support of the Nigeria Cup reflects our commitment to offering our high-net-worth clients and C-suite executives an atmosphere of relaxation, well-being, and healthy competition.
As a commercial bank, we continue to develop tailored products for SMEs and retail clients, including our groundbreaking NOVA Phygital mobile banking, which redefines personal banking experiences.
The NOVA Phygital platform is designed to provide seamless financial solutions, ensuring our clients can manage their wealth effortlessly while enjoying the lifestyle they deserve.
We remain dedicated not only to supporting our corporate customers’ businesses but also to helping them stay fit, relaxed, and focused. Golf is the perfect avenue to achieve this balance.”
Mr. George Etomi, Chairman of the 2024 Nigeria Cup Organizing Committee, commended NOVA Bank for their unwavering support.
“NOVA Bank’s consistent sponsorship of the Nigeria Cup truly embodies the spirit of this club—harmony through recreation.
Their partnership exemplifies the harmony and shared vision that has made them an integral part of our journey. We are thankful for NOVA’s dedication and look forward to more opportunities to create lasting impacts together.”
As NOVA Bank continues its growth trajectory, expanding its exceptional services to retail and SME markets, it remains committed to creating meaningful experiences for its high-net-worth clientele, while embracing a broader audience through innovation and customer-centered solutions.
The partnership with the Nigeria Cup Golf Tournament reflects the values that define NOVA Bank— Uniqueness, Leadership, Teamwork, and Passion
Sports
Benue Governor Alia dissolves Lobi Stars FC board
The decision is aimed at repositioning the club for greater efficiency, accountability, and better performance in both the Nigeria Premier Football League and other competitions.

Benue State Governor, Hyacinth Alia, has dissolved the Board and Management of the state-owned Lobi Stars FC, Makurdi.
Lobi Stars FC were relegated last season after a 27-year stay in the Nigeria Premier Football League, following a run of poor performances.
The Chief Press Secretary to the governor, Sir Tersoo Kula, announced the governor’s approval of the dissolution in a statement issued on Thursday and made available to journalists in Makurdi.
The move was described as part of ongoing reforms to reposition the club for “greater efficiency, accountability, and better performance” in the Nigeria Premier Football League and other competitions.
The decision is aimed at repositioning the club for greater efficiency, accountability, and better performance in both the Nigeria Premier Football League and other competitions,” the statement read.
Governor Alia directed that “all members of the dissolved management should hand over all official documents, assets, and responsibilities to the Commissioner for Youth, Sports and Creativity with immediate effect.”
Sports
Davido Chairs Osun Sports Trust Fund
“Davido has been appointed to chair the Sports Trust Fund, and he did not hesitate in accepting the appointment. His intervention would attract funds that would impact Osun sports positively.”

•Davido and Osun Governor, Ademola Adeleke. Photo Credit: X
The Osun State Government has appointed Afrobeats star, David Adeleke, popularly known as Davido, as chairman of the Osun Sports Trust Fund.
The government said that the move was aimed at raising funds to transform the state sports sector.
It also reaffirmed its commitment to completing the ongoing renovation and rehabilitation of the Osogbo Township Stadium, assuring that the upgraded facility will meet Olympic standards upon completion.
The Guardian Nigeria reports that the state deputy governor, Kola Adewusi, who doubles as the Commissioner for Sports, said the state government under Governor Ademola Adeleke is determined to transform the stadium into a world-class sports arena that will not only host national events but also attract international competitions.
He said, “Ongoing renovation and rehabilitation of the Osogbo Township Stadium to meet Olympic standards — a project that will be completed in the shortest possible time.
“I am pleased to inform you that plans are in advanced stages towards the establishment of the Osun State Sports Commission, which will serve as a central body for sports administration, development, and policy implementation.
“Davido has been appointed to chair the Sports Trust Fund, and he did not hesitate in accepting the appointment. His intervention would attract funds that would impact Osun sports positively.”
Sports
Dembele returns for PSG after six weeks out
Dembele, 28, has been out since injuring a hamstring while on international duty with France in early September.

• Dembele
Ballon d’Or winner Ousmane Dembele was on Monday included in Paris Saint-Germain’s squad to face Bayer Leverkusen in the Champions League after a six-week injury layoff.
According to AFP, Dembele’s return for Tuesday’s league stage game will come as a welcome boost for coach Luis Enrique, whose side has been struggling with injuries this season.
Dembele, 28, has been out since injuring a hamstring while on international duty with France in early September.
He had been recuperating at a specialist clinic in Qatar and returned to training last week.
He missed out on PSG’s entertaining 3-3 draw against Strasbourg on Friday but could play some role in Germany as the European champions seek to make it three wins out of three in the Champions League so far this season.
Leverkusen centre-back Loic Bade, Dembele’s teammate in the France squad, told reporters Monday there was “no secret recipe” to stopping the PSG forward, calling him “a complete player with several qualities”.
“He won the Ballon d’Or — of course he’s got a lot of quality. He’s good with both feet. I don’t think he’s got a weak side,” Bade said.
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