BRIEF-The Geo Group awarded 10-year contracts by the federal bureau of prisons for 3,532 existing beds in Big Spring, Texas
* The Geo Group awarded 10-year contracts by the federal bureau of prisons for 3,532 existing beds in Big Spring, Texas
LAGOS, April 6 Nigeria's Union Bank plans to raise funds this year to boost its capital adequacy and tap opportunities to lend to agri-business focused on the domestic economy, its chief executive said on Thursday.
Emeka Enuwa said after the capital raise it was targeting a capital adequacy ratio above 18 percent, he told an analysts call.
He said the bank had exposure of 3.9 billion naira ($12.8 mln) to Etisalat Nigeria, the local arm of Abu Dhabi-listed telecoms firm Etisalat which has been discussing with 13 local lenders about renegotiating the terms of a $1.2 billion loan. ($1 = 305.20 naira) (Reporting by Chijioke Ohuocha; editing by Susan Thomas)
* Investors Real Estate Trust - announces acquisition of Oxbō Apartments, a multifamily property in St. Paul, minnesota Source text for Eikon: Further company coverage: