Holdings

FBN Holdings Plc, through its subsidiary First Pension Custodian Limited, agreed with Access Bank Plc to buy out the latter’s pension subsidiary Access Pension Fund Custodian in a deal involving 100 per cent ownership transfer. The acquisition will ease the path for First Pension Custodian to broaden its footprint in a sector where it has operated for 17 years in charge of safe-keeping of pension assets on behalf of contributors. “The Central Bank of Nigeria and the National Pension…