In a demonstration of its commitment to youth empowerment and community development, Parallex Bank has awarded N1 million each to four exceptional young athletes from the 2024 U-15 Sports Competition held at Asaba, Delta State.

This groundbreaking initiative, held in collaboration with the Lagos State Sports Commission, marks a milestone in the bank’s efforts aimed at nurturing grassroots sports talent across Nigeria.

The awards were presented during a special ceremony at the bank’s Head office at Victoria Island, Lagos, where the banks managing director/CEO, Dr Olufemi Bakre, the Director General of the Lagos State Sports Commission, Mr. Lekan Fatodu, and other senior executives, jointly handed over the prizes to the deserving winners.

The beneficiaries of the N1 million prize were Emmanuel Bright, winner of the Tennis category; Akanbi Demilade and Kanu Chioma, champions in the Swimming category; and Akinwuwo Oladeji, who emerged victorious in the Deaf Athletics category.

Speaking at the event, Bakre described the gesture as part of the bank’s ongoing mission to drive societal progress through strategic youth-oriented initiatives.

“At Parallex Bank, we believe that investing in the youth is investing in the future. These athletes have shown remarkable discipline, skill, and determination—qualities we strongly support.”

We recognize the power of sports and education as transformative tools that play a vital role in inspiring young people to pursue excellence.

On his part, Mr. Lekan Fatodu lauded the bank, describing the partnership as a model for public-private collaboration in advancing sports development in Nigeria.