Participants competiting at the FXTM charity cycling event
Over N4 million was up for grabs as cycling enthusiasts from across the country participated in the charity cycling event in Lagos.
The competition, organised by FXTM Nigeria, a financial investment firm, was held on April 19 and drew 200 participants from several cities, including Port Harcourt, Kwara, Ibadan, Ogun, and Lagos.
The event was recently held and featured six categories—professional male, professional female, junior male, junior female, veteran male, and veteran female—offering opportunities for cyclists of all skill levels to compete.
The race began at 6:30 am, with juniors completing 10 laps, veterans tackling 14, and professionals racing an impressive 20 laps, each spanning 2.8 kilometres.
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Winners in the professional categories received ₦500,000, ₦300,000, ₦200,000, and ₦150,000 for first to fourth positions, respectively. Cyclists finishing in 5th to 15th places were also rewarded with ₦50,000 each.
In the junior male and female categories, winners earned ₦150,000, ₦100,000, and ₦50,000 for the top three spots.
Veteran winners took home ₦250,000, ₦150,000, and ₦100,000 for 1st, 2nd, and 3rd positions, respectively.
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Kelechi Ehibudu, country representative for FXTM in Nigeria, said the company aims “to empower communities and promote similar values that also align with cycling, which are perseverance, discipline, endurance and continuous improvement”.
The previous edition of the cycling event was held in November 2024.
