THE HONEYWELL AND ECOBANK SAGA IS ABOUT MORE THAN TWO COMPANIES FIGHTING

By Ikemesit Effiong There is a low-burning, long-running spat in corporate Nigeria that is astonishing in both its breadth and all-encompassing for its potential implications on how business is conducted in Nigeria. It involves Honeywell Group, one of the country’s biggest conglomerates with a diverse portfolio that spans agriculture, food processing, consumer products and telecommunications and Ecobank, a pan-African financial giant with operations in 33 countries. While it has seen an uptick in media attention over the last few months due to some eye-raising developments, most of the reporting and…

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