First Trustees Nigeria Limited
(FTNL) was incorporated as a
wholly-owned subsidiary of First
Bank of Nigeria Plc in August
1979 to carry on a wide range
of financial service and wealth
management solutions as well
as trusteeship, portfolio and
asset management services,
investment & financial advisory
services, management of
endowment funds & trust assets,
syndication, share warehousing
and equity management
services.
In its drive to create wealth,
FTNL has designed a variety
of products to meet specific
needs. These include Children’s
Education Trust, First Living Trust
(launched to address problems
encountered on inheritance
management), and an equity
portfolio management product
known as ‘GAINS’, which was
launched to satisfy clients’
appetite for high returns and
moderate investment risk.
With branches in Abuja and
Port Harcourt, FTNL recently
embarked on major restructuring
of its IT infrastructure with a
view to strengthening service
delivery quality.