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Corporate Background

Following the Pension Reform Act 2004, First Bank of Nigeria Ltd, the oldest Nigerian bank with the largest branch network and posting the highest profit in the sector floated a Pension Fund Custodian (PFC) known as First Pension Custodian Nigeria Ltd.

First Pension custodian Nigerian Ltd is one of the foremost pension custodians in the Nigerian pension industry and we are currently located at No. 6 Maduike Street, Off Raymond Njoku Street, Ikoyi, Lagos. A wholly owned subsidiary of FBN Ltd, the principal bank subsidiary of FBN Holdings Plc.

First Bank of Nigeria Ltd is the lead entity of the Commercial Banking business group which includes FBN Bank UK Limited, Banque Internationale de credit (BIC), First Pension Custodian Nigeria Ltd and FBN Mortgages Ltd.

The groups brand essence of being "Dependably Dynamic" stands firmly on the four pillars of Success, Leadership, Safety, and Security, Enterprise and Service Excellence. The recent brand refresh initiative of the FBN group seeks to continue to set the gold standard of value and excellence for the bank and its subsidiaries across Sub-Saharan Africa.

The elements of the brand are reflected in our Vision and Mission statements. To drive these, we are positioned through our existing business structure to take full advantage of opportunities in the ever-changing operating environment. We are currently blessed with a number of Custodial relationships,a reflection of a reasonable share of the pension market.


Our Mission To provide best quality custodian services and optimum protection of contributors assets

Our Vision True to our name, to be the Custodian of first choice

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