Progress Trust Ltd was incorporated on the 22nd of June 1954 to operate as Trustee and Fund Manager to the Nigerian Breweries Plc Pension Fund.  Following the Pension Reform of 2004, the name was changed to Progress Trust CPFA Limited and it was duly licensed by the National Pension Commission in December 2006 as a Closed Pension Fund Administrator.  Progress Trust CPFA Limited is a wholly owned subsidiary of Nigerian Breweries Plc.
We have a track record of over 60 years of excellent performance in the Pension Industry. Our scheme is one of the pioneer pension schemes in the country and we have continually met our benefit obligations, maximized returns and accumulated huge fund reserves over the years.
Progress Trust CPFA Ltd has over 2,600 members all of whom are permanent employees of Nigerian Breweries Plc. Our members are located in our Head office in Lagos as well as in all our Brewery locations in Lagos, Aba, Kaduna, Ibadan, Ama, Otta, Onitsha, Ijebu-Ode, Awo Omamma and Makurdi. We also have members of our Sales Team located in our various Sales Regions across the country.
We have over 700 pensioners who are all retired employees of Nigerian Breweries Plc. residing in different parts of Nigeria.

Contact Address

Progress Trust CPFA Limited
No 1 Abebe Village Road
Iganmu – Lagos
+234 – 1- 2717400-20 ext. 1430

    Progress Trust CPFA Limited