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Nigeria's cash shortage eases after strike threat
Nigeria's cash shortage eases after strike threat
Business and Economy
by  AFP

A lingering cash crunch in Nigeria, which saw long lines of customers at banks and cash dispenser machines was easing on Wednesday after the central bank reissued old naira notes back into circulation. Buhari in February allowed a smaller note of old 200 naira to re-circulate to ease the scarcity, but problems persisted. joa/pma/bp

Rare pink diamond worth $35 mn set for auction in New York
Rare pink diamond worth $35 mn set for auction in New York
Business and Economy
by  AFP

A rare, vividly rosy-purple diamond, called the Eternal Pink and valued at $35 million, is set to be auctioned off by Sotheby's as part of its Magnificent Jewels sale in New York in June. The 10.57-carat stone is being marketed as the most valuable purplish-pink diamond ever brought to auction, with the highest ever pre-auction price per carat estimate, according to Sotheby's.