FXTM Academy recently hosted a charity cycling race in Lagos, where cyclists who emerged as top performers were given impressive cash prizes, reaching N7.4 million.
The competition which held on Saturday, 19 April, attracted 200 participants from cities, including Port Harcourt, Ilorin, Ibadan, Abeokuta, and Lagos, showcasing a strong spirit of sportsmanship and community engagement.
Join our WhatsApp ChannelThe event featured six categories—Professional Male, Professional Female, Junior Male, Junior Female, Veteran Male, and Veteran Female—providing opportunities for cyclists of all skill levels to compete.
Registration began at 6:30 am, and the race started at 8:00 a.m., with Juniors completing 10 laps, Veterans tackling 14, and Professionals racing an impressive 20 laps, each lap spanning 2.8 kilometers.
Impressive Prizes for Top Performers
Participants contested for significant cash prizes, with winners in the Professional categories receiving ₦800,000, ₦500,000, ₦300,000, and ₦200,000, respectively, for the first to fourth positions. Cyclists finishing in 5th to 15th places were also rewarded with ₦50,000 each.
In the Junior Male and Female categories, the top three performers earned ₦200,000, ₦100,000, and ₦50,000, respectively. Veteran winners took home ₦500,000, ₦300,000, and ₦200,000 for 1st, 2nd, and 3rd positions respectively.
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Participants and spectators commended FXTM Academy for organizing such an event that fostered unity and provided a platform for cyclists to showcase their talents. Many attendees expressed gratitude for the opportunity to take part in the competition.
The event also highlighted FXTM Academy’s commitment to empowering communities and promoting similar values that also align with cycling, which are perseverance, discipline, endurance and continuous improvement.
Commenting on the event, Country Representative for FXTM, Kelechi Ehibudu, said: “FXTM Academy wants to empower communities and promote similar values that also align with cycling, which are perseverance, discipline, endurance and continuous improvement.”
Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.