Asa Asika, the manager of renowned Nigerian artist Davido, has confirmed that the duo are co-owners of Inter Lagos, a football club that has recently earned promotion to the Nigerian Premier League. This announcement was made during an episode of the podcast Manager's Playbook, hosted by Mauricio Ruiz, where Asika discussed their ventures beyond music.

The club, which previously competed in the National League, has now reached a significant milestone by securing its place in the top tier of Nigerian football. Asika expressed excitement about this achievement, stating, "We (Davido and I) own a football team in Nigeria together. We just got promoted to Premier League. It is called Inter Lagos."

Asika elaborated on the strategic nature of their investment, indicating that it is part of a broader long-term business strategy rather than seeking immediate returns. He likened the development of Inter Lagos to their approach in the music industry, emphasizing the importance of patience and sustained effort. "It's developing; it's a lot of work now, like same thing with music. We are doing this so that in another 10 years, we are creating the business," he explained.

The promotion of Inter Lagos comes at a time when there is a growing trend among private entrepreneurs and high-net-worth individuals in Nigeria to invest in football clubs. Asika noted that he and Davido are positioning themselves ahead of this trend, suggesting that their involvement in football is part of a larger movement within the country.

The club's promotion to the Premier League not only elevates its profile but also aligns with the duo's business focus, which spans three main areas: music, sports, and lifestyle. This diversification highlights Davido's ambitions beyond the music scene, showcasing his and Asika's commitment to building a multifaceted business portfolio.

With Inter Lagos now preparing for the challenges of Premier League competition, both Asika and Davido are set to navigate the demands of their new venture, aiming for success in the world of Nigerian football. As they embark on this journey, the duo remains committed to fostering growth and development in their investments, mirroring their successful careers in the music industry.