Omoluabi Mortgage Bank’s net income falters on cost inefficiency

Reps wants GTB, UBA, others to refund N1.6 billion stamp duties to FG

Despite the surge in interest income of Osun-based Omoluabi Mortgage Bank (OMB) Plc, the firm saw its net income shed nearly by half owing to its inability to keep cost in check. Interest income climbed 244 percent to N170 million in full year 2018, compared with N70 billion in the preceding year

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