Surging operating expenses have eroded Resort Savings and Loans plc's profit, as the Nigerian mortgage firm continues to be aggressive about lending to customers.
For the year ended December 2013, the bank posted a loss after tax of N1.56 billion, from a profit position of N163.48 million in the sam
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BALA AUGIE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
