Nigerian President Muhammadu Buhari on Thursday urged community leaders from the Niger Delta to pacify people in the restive southern region, which has been hit by a series of attacks on oil and gas facilities in the last few months. Nigeria, an OPEC member which was until recently Africa's biggest oil producer, relies on crude sales for around 70 percent of national income. Most of its oil comes from the impoverished swampland Delta region.
By Carolyn Cohn LONDON (Reuters) - A Goldman Sachs executive's alleged arranging of prostitutes for himself and the brother of a decision-maker at Libya's sovereign wealth fund was completely unacceptable behaviour for an employee of the bank, the first witness called by Goldman told a court on Thursday. In a trial at London's High Court, the Libyan Investment Authority (LIA) is attempting to claw back $1.2 billion from the Wall Street investment bank from nine disputed trades carried out in 2008. It also says senior Goldman Sachs executive Youssef Kabbaj gave iPods to its staff.