Here’s what to expect from Nigeria’s money market ahead of OMO Auction
The Central Bank of Nigeria (CBN) offered N330 billion across three maturities in an Open Market Operation (OMO) Auction. For a focus on activities shaping Nigeria’s fixed income and Forex market, Tunde Adama, Head of Trading at CITI Nigeria joins CNBC Africa.
Mexico auctions seized jewels from criminals to help poor
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.
Boxing glove autographed by Muhammad Ali in Italy auction
A rare piece of sporting memorabilia autographed by boxing legend Muhammad Ali went up for auction in Italy. The golden leather glove was produced to promote the iconic 'Fight of the Century' between Ali and Joe Frazier on March 8th, 1971 in New York's Madison Square Garden. During the auction, there were no bids meeting the desired 5,000 euro starting price so the glove remained as part of the owner's collection.
Nigeria to auction N115bn bonds next week
Nigeria's Debt Management Office plans to auction 115 billion naira worth of bonds by subscription next week, Wednesday. While traders say they expect sentiments in the treasury bills space to remain slightly bearish due to today's Primary Market Auction.
$110.5 million auction sets new record for American art
The auction of a painting by Jean-Michel Basquiat, who died in 1987, grossed the highest price ever for an American artist and the sixth biggest sale in world history.
'Pink Star' diamond fetches record $71.2 mn in Hong Kong
A giant diamond named the "Pink Star" breaks the world record for a gemstone sold at auction fetching $71.2 million in Hong Kong.
How Yahoo assets could fit into Verizon
Neil Doshi, Mizuho Securities analyst, and Bloomberg's Alistair Barr discuss the reports that Verizon is nearing a deal to buy Yahoo, beating out rival bidders.
Whitney and Prince items up for auction
Memorabilia from late superstar entertainers Whitney Houston and Prince are set to go to auction.