Parallex Bank Awards ₦10m to Lagos Youth Athletes

Parallex Bank rewarded 10 outstanding athletes from Lagos State with ₦10 million for their achievements at the 2025 National Youth Games held in Asaba. The presentation took place at the bank's headquarters, where Dr. Olufemi Bakr, the Managing Director and Chief Executive Officer, presented symbolic cheques to the athletes.

This initiative is part of Parallex Bank's corporate social responsibility (CSR) aimed at promoting youth development and excellence in sports. Dr. Bakr emphasized the bank's commitment to investing in young talent, stating that the athletes' achievements reflect discipline and resilience.

He noted that investing in youth is an investment in the future. The Director General of the Lagos State Sports Commission commended Parallex Bank for its continuous support of youth sports, describing the initiative as a model for impactful corporate social responsibility.

The partnership between Parallex Bank and the Lagos State Sports Commission is expected to expand, further supporting emerging sports talents in the state.