Growing art auction business fetches N232m in 2012

Growing art auction business fetches N232m in 2012

Interest in Nigerian arts and artefacts was sustained in 2012 despite the slow growth of the sector. The Nigerian art auction market, based in the country’s commercial city of Lagos, grossed N232 million in sales revenue in 2012 with the two major auction houses, Arthouse Contemporary Ltd and Terra Kulture, being centres of the activities. According to the two…

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