HONEYWELL GROUP: OUR DEBTS ARE BEING SERVICED

Honeywell Group has said it is servicing loan facilities obtained from First Bank of Nigeria Limited and other financial institutions to carry out its operations. The company, in a statement released in Lagos, said like most companies, it utilises its own equity and borrows from banks and other financial institutions to carry out its operations. It added that it has a strong track record of mutually beneficial successes with its local and international financiers based on honouring obligations and delivering returns to all stakeholders. The statement said since 1972, Honeywell…

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