Kraft is under pressure to make a formal takeover bid for Cadbury by November after the UK’s Takeover Panel gave it less than six weeks to put an offer on the table or walk away.

George Alli represents Otukpo/Akpa State Constituency at the Benue State House of Assembly. He is the House Committee Chairman on Commerce and Industry. In this interview with Vanguard in Makurdi, he laments the poor industrial base of Benue State suggesting that the state government privatize its ailing industries in the face of dwindling resources at its disposal; Hon Ali also spoke on other issues.
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THE Lagos Chamber of Commerce and Industry(LCCI) recently, in Abuja, urged the Federal Government to tackle the lingering power generation, supply and distribution nightmare which has bedevilled the growth and development of the economy.

The Managing Director/CEO, GTB, Mr. Tayo Aderinokun, has won the 2009 African Banker of the Year Awards at the African Business Awards held at the World Bank/IMF Annual Meetings in Istanbul, Turkey, which is aimed at identifying and rewarding the leading banks and bankers so a to build a strong and vibrant African banking industry.

The African Development Bank (AfDB) Group Chief Economist, Louis Kasekende, has said that the continent’s economic outlook is improving just as the countries of the western Hemisphere and Asia are showing signs of economic recovery. Mr. Kasekende expressed optimism as to the continent’s economic prospects while speaking in an interview with the AfDB Web team ahead of the institution’s African Economic Conference (AEC) which is an annual event that brings together researchers and policy-makers for them to share perspectives on economic and development challenges facing the continent.

By Emma Amaize WARRI—THREE persons are feared dead and five others injured in separate gun battles by bandits who have been fighting themselves on the streets of Effurun, near Warri in Delta State, in the past two days over the headship of an illegal organization of criminals in the area.

USA head to Nigeria later this month keeping alive a proud tradition as the only nation to have qualified for all 12 instalments of the FIFA U-17 World Cup. However, current coach Wilmer Cabrera a 48 times capped defender with Colombia is hoping this time his young stars and stripes can make a big splash on the global stage.

Minister of Sports and Chairman of the National Sports Commission (NSC), Sani Ndanusa has made a clarion call on the Eagles not to relent in their quest to secure a 2010 World Cup qualification ticket at the expense of Tunisia.

The nation’s football authorities have been advised to disband the Super Eagles and its technical crew, if the country eventually fails to secure a spot at the World Cup in South Africa.

The IAAF medical and judicial commission is set to come out with a true definition of a female athlete after the gender row involving the South African runner cast a shadow on the women 800m race at the Berlin 2009 World Championships. The race was effortlessly won by the 18-year-old Semenya, but the world of athletics hardly accepted the victory as the IAAF admitted that it has carried out a gender test on Semenya.