Lotus Bank Sponsors NIMSA Games, Others, CEO Gives Reasons

Lotus Bank Sponsors NIMSA Games, Others, CEO Gives Reasons

  • Lotus Bank has announced its sponsorship of the Nigerian Medical Students Association (NIMSA)
  • Managing Director Kafilat Araoye highlighted the importance of promoting healthy lifestyles among future healthcare professionals
  • Lotus Bank also said it supported the Federation of African Student Universities Games and hosted the Abeokuta Marathon

Lotus Bank, a leading non-interest financial institution, has announced its sponsorship of the Nigerian Medical Students Association (NIMSA) Games.

The bank disclosed this in a statement where it underscored its dedication to promoting youth development, health, and sportsmanship across Nigeria.

Loftus Bank sponsors NIMASA games
LOFTUS supports NIMSA games Photo credit: nurphoto
Source: Facebook

Punch reports that the NIMSA Games began on Saturday with student registration bringing together medical students from various institutions nationwide.

The event aims to foster friendly competition while emphasising teamwork and physical wellness among future healthcare professionals.

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The Managing Director of Lotus Bank, Kafilat Araoye, highlighted the importance of encouraging a healthy lifestyle for medical students, ThisDay reports.

Araoye said:

"Encouraging a healthy lifestyle among our future healthcare professionals is essential. Sports not only enhance physical fitness but also cultivate vital skills such as collaboration and leadership."

She also reflected on Lotus Bank's recent sponsorship of the Federation of African Student Universities Games, where students from across the continent came together to compete and celebrate their diverse cultures.

"We are proud to have supported an event that promotes unity and excellence among African students."

Other plans of the bank

In addition to supporting the NIMSA Games, Lotus Bank said it recently concluded the Lotus Bank Abeokuta Marathon, which attracted participants from both local and international backgrounds.

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The event aimed to promote health, wellness, and community engagement, further solidifying the bank's commitment to fostering a healthy and active society.

Through these initiatives, Lotus Bank said it aims to continue to demonstrate its dedication to community development, youth empowerment, and promoting a balanced, health-conscious lifestyle.

All to know about Islamic banking

Legit.ng earlier reported that the Central Bank of Nigeria approved the operation of the Islamic banking model in the country.m

The banks are distinct from traditional commercial banks as they offer interest-free loans to MSMEs and individuals.

The non-interest banking approach in Nigeria allows customers to earn profits from their savings.

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Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.