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Honeywell

4 Oct
Dangote Cement Plc and FBN Holding Plc pushed the All-Share Index (ASI) to a seven-month high to close at 40,221.17 points last week, the highest level since February 21, 2021
6 Sep
Heavy transactions in the shares of Transnational Corporation of Nigeria (Transcorp) Plc, Honeywell Flour Mill Plc and Access Bank Plc last week, lifted the volume of shares traded, as a turnover of 1.3 billion shares worth N8.7 billion was recorded in 19,830 deals by investors on the floor of the exchange.
3 May
Following the directive by the Central Bank of Nigeria (CBN) directive that Honeywell Flour Mills Plc fully repays its obligations to First Bank of Nigeria Limited, the firm yesterday explained that it has continued...
8 Sep 2020
Transactions on the Nigerian Stock Exchange (NSE), reopened on a downturn yesterday, following price losses suffered by most blue-chip stocks, especially Honeywell Flour Mills, and Chams, causing market capitalisation to depreciate by N12 billion.   At the close of trading Monday, the All Share Index (ASI) shed 23.41 points or 0.09 per cent to 25,582.23…
4 Jun 2019
A Federal High Court, Lagos has held that Honeywell Flour Mills Plc and its sister companies; Anchorage Leisures Limited and Siloam Global Limited are no longer indebted to Ecobank Nigeria Limited.   Justice Ayokunle Faji made the declaration while delivering judgement in a suit filed by Honeywell Group against Ecobank Limited.   Following a dispute…
4 Jun 2019
As part of its Corporate Social Responsibility (CSR) programmes, Honeywell Flour Mills Plc has given products and cash donations to some orphanage homes in Ogun and Lagos states.      The foremost producer of wheat products also restated its commitment to positively impact on humanity by giving back to the society through effective CSR activities.…
1 Jun 2019
The Honeywell Group yesterday emerged victorious in its protracted legal dispute against Ecobank with the judgement delivered by the Federal High Court, Lagos in which the court held that Honeywell’s payment of N3.5 Billion between 2013 and 2014 constitutes the full and final settlement of its indebtedness to Ecobank Nigeria Limited. According to the judgement…
24 Sep 2018
Honeywell Flour Mills Plc said it would commence production on the new factory in Sagamu next month, after it announced 34 per cent growth in revenue to N71.5 billion, against N53.2 billion recorded in the corresponding period of 2017.    The company’s gross profit grew by 26 per cent from N12.7 billion in previous year to…
9 Aug 2018
For their outstanding contributions to the impressive results posted by Honeywell Flour Mills Plc in the last financial year, some customers of the company have been rewarded with all-expense-paid holiday trip to Ghana and Dubai. The lucky customers to Dubai are Oladega Modiu and his wife Safurat Oladega of Kay-Solak Nigeria Ventures, who won first…
7 Aug 2018
For their outstanding contributions to the impressive results posted by Honeywell Flour Mills Plc in the last financial year, some customers of the company have been rewarded with all-expense-paid holiday trip to Ghana and Dubai. The lucky customers to Dubai are Oladega Modiu and his wife Safurat Oladega of Kay-Solak Nigeria Ventures, who won first…
31 Jul 2018
The Supreme Court of Nigeria has dismissed three appeals filed by Ecobank Nigeria Plc against Honeywell group for lack of merit. In a unanimous decision by the learned justices of the apex court, the court ruled that Ecobank’s appeals were frivolous. The court of Appeal had on March 30, 2016 also ruled against the bank.…
27 Jul 2018
Equity transactions on the Nigerian Stock Exchange reversed the two-consecutive days’ downward movement to close in an upbeat yesterday, following price gains recorded by most blue-chip stocks...

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