FirstBank launches Nationwide Pensioners Roadshow to drive awareness of approved Pension Settlement Framework

FirstBank, a leading financial institution in West Africa, has launched a nationwide Pensioners Roadshow to raise awareness of the approved Pension Settlement Framework. The roadshow will take place between August 18 and September 3, 2026, in six locations across the country: Lagos, Ibadan, Benin, Enugu, Abuja, and Kaduna. The Pension Settlement Framework is a one-time initiative aimed at resolving longstanding pension issues for eligible legacy pensioners who retired under the defined benefit scheme.

Developed in collaboration with the Nigeria Union of Pensioners (NUP) under the guidance of the National Pension Commission (PenCom), the framework provides a final and sustainable solution to pension-related matters. The nationwide engagement program will offer pensioners direct access to information about the framework, address their concerns, clarify benefits, and reinforce FirstBank's commitment to their welfare.

Olumuyiwa Olulaja, Group Head of Human Capital Management & Development at FirstBank, emphasized the importance of the initiative, stating that the Bank values the contributions pensioners have made to its growth and success. The roadshow serves as a platform for direct interaction, enabling pensioners to understand the framework and its benefits clearly.

FirstBank's commitment to stakeholder engagement, transparency, and sustainable relationships with stakeholders is demonstrated by the roadshow. The Bank encourages pensioners and relevant stakeholders to participate in the sensitization sessions and engage directly with Bank representatives and other parties. FirstBank remains dedicated to nurturing the talent and holistic development of its employees through continuous learning, career growth, leadership development, and personal well-being.