The Managing Director and Chief Executive Officer of Parallex Bank, Dr Olufemi Bakre.
Parallex Bank has presented N10m to 10 outstanding athletes from the Lagos State contingent following their exceptional performances at the 2025 National Youth Games in Asaba, Delta State.
The gesture, according to a statement from the bank on Thursday, is expected to boost grassroots sports development.
The cash presentation, which took place at the bank’s headquarters in Lagos, saw each of the 10 selected athletes receive N1m for their medal-winning performances at the national tournament.
Speaking during the presentation, the Managing Director and Chief Executive Officer of Parallex Bank, Dr Olufemi Bakre, said the gesture was part of the financial institution’s commitment to youth empowerment and national growth.
