The organisers of the Ikoyi Club Tennis Masters Tournament have earmarked N4 million as the prize money for this year’s edition.
The Chairman of the tennis section of Ikoyi Club, Diran Famakinwa, stated this at a briefing, highlighting the activities for the second edition of the tournament.
The tournament, which is in collaboration with MegaMound Investment Limited, is endorsed by the Nigerian Tennis Federation.
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According to Famakinwa, the male and female champions will receive N500,000 each, while the runners-up in both categories will go home with the sum of N350,000 each, with the remaining money to be shared among the semi-finalists and other participants.
Sixteen players, which includes the eight top male and eight top female players, will feature in the one-week event, which started on December 5, and run till Saturday, December 13.
The female final will be held on Friday, December 12, while the male final will take up on Saturday, December 13.