The UN secretary general has called for urgent action after a recent video emerged of African migrants being sold as slaves in Libya.

Over 20 shops filled with artworks were destroyed in the fire at the Abuja Arts and Craft Village Friday night, Mr Kanayo Chukwumezie, president of the African Arts and Cultural Heritage Association (AACHA) said.

"Sotheby's diamonds is honoured to be presenting the 102.34, D colour, flawless diamond. It is the largest ever recorded diamond by the G.I.A (Gemological Institute of America) to have this ah, meeting all the critical criteria."

With only four trading days in Nigeria’s capital markets this week, Chuka Nwachukwu, Fixed Income Trader at UBA joins CNBC Africa to discuss activities at the fixed income and forex markets this week.

Telecom titan Patrick Drahi is buying Sotheby’s for $2.7 billion, taking it private after more than three decades as a public company.

Hundreds of jewels seized from drug gangs, organised crime and tax evaders were auctioned off as part of a "Robin Hood" program to use millions of dollars in ill-gotten gains to aid the poor.

A 1965 Aston Martin DB5 outfitted with special gadgets for James Bond, such as tire slashers, machine guns and a bulletproof shield, sold for $6.4 million at auction, according to RM Sotheby's.

Congolese activist Mwazulu Diyabanza has tried to remove looted art from museums in protest against the theft of African art treasures. Now he is facing trial.

The new owner of "The Spirit of the Rose" could profit from soaring prices, as the mine responsible for the world's largest supply of pink diamonds stopped production due to depletion.

An extremely rare, purple-pink diamond mined in Russia, which Sotheby's described as "a true wonder of nature," sold for $26.6 million Swiss francs on Wednesday (November 11), the auction house said.

Lagos State Government auctions forfeited vehicles

Pastry chef Walter Musco turns his shop in Rome's working-class Tor Marancia district into an art gallery displaying Easter eggs sculpted in hommage to great names from the worlds of art and literature. The creations of the self-taught "pasticciere" are fully edible, although can also be stored uneaten for years, Musco says, provided they are kept cool and out of the sun.