Nigerians leading $13bn African art market – Patrons

A Director of Patrons Modern & Contemporary African Art, an art advisory and dealership firm, Keturah Ovio, says Nigerians are currently leading the African art market which is estimated at $13 billion.

Ovio said this while answering questions on her upcoming miniature art exhibition titled, “small Is beautiful,” billed to take place between October 21 and 23 in Lagos.

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She said the Nigerian art is one of the most sought after in Africa and attracts investors from all over the world.

According to her, Nigerian artworks are sold for thousands and hundreds of thousands of dollars across the world, which is a testament to the fact that art as a profession can be quite lucrative for those who pursue it.

Ovio further said the Nigerian art industry has matured so much that works done by artists in the country are exhibited in various parts of the world, including London, Paris, Rome, New York, Miami, Valencia and Berlin, which are often regarded as the artistic cities of the world.

“Nigerians are very creative. In October 2021, Jacon Osinachi Igwe was the first crypto-artist from Africa to sell his works at Christie’s auction house in Europe,” she said.

“Three years before, Bob-Nosa’s works had been sold in an exhibition widely described as successful in Europe. In October 2019, $1.4 million was…