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Court orders Ecobank to pay Honeywell N72bn

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A Federal High Court in Lagos on Tuesday ordered Ecobank Nigeria to pay Honeywell Flour Mills N72.2 billion in damages, bringing to an end...

Oba Otudeko overtakes Otedola as FirstBank’s largest shareholder

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Oba Otudeko’s Honeywell Group has reportedly become the largest shareholder at First Bank of Nigeria Holdings Plc following the purchase of shares worth N87.8...

Ecobank gets permission to serve Otudeko, Flour Mills counterclaim in debt...

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A Federal High Court in Lagos on Monday granted Ecobank leave to serve counterclaims against Otudeko, Flour Mills of Nigeria Plc and Honeywell Group...

Supreme Court dismisses Ecobank’s appeals in case against Honeywell

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The Supreme Court on Friday, July 13 dismissed all three appeals filed by Ecobank in its ongoing dispute with Honeywell for lacking merit and...

N5.5bn bank debt: Otudeko obeys court’s summons, testifies as witness

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The Group Managing Director of Honeywell Plc, Oba Otudeko, on Thursday, mounted the witness box of a Federal High Court, Lagos, to give evidence...

Appeal Court dismisses Yunusa’ ex parte order against Honeywell

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The Court of Appeal sitting in Lagos on Wednesday dismissed the ex parte order granted against Honeywell Flour Mills Plc in favour of Ecobank. Justice...

Appeal Court reserves judgment in Honeywell’s petition against Yunusa’s ruling

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The Court of Appeal sitting in Lagos on Monday reserved judgment on the appeal filed by Honeywell Group against a November 18, 2015 ruling...

Court consents to Honeywell’s request for expedited hearing of suit against...

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The suit between Honeywell Flour Mills Plc. and Ecobank Limited came up for hearing before the Lagos Division of the Court of Appeal on...

Otudeko bags business person of the year award 

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Executive Chairman of Honeywell Group, Dr. Ayoola Oba Otudeko, has been voted Leadership Business Person of the Year 2015 by the Board of Leadership...

Contempt charge: Ecobank to know fate January 15

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Justice Mohammed Idris of the Federal High Court, Ikoyi has set aside January 15, 2016 to rule on the contempt proceeding instituted by Honeywell...