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Naira stabilises at N490/$

Naira stabilises at N490/$

The Naira on Tuesday stabilised at N490 to a dollar at the parallel market in spite of speculations that it would depreciate to N500 to a dollar by the end of 2016, the News Agency of Nigeria (NAN) reports.

Tsonga through after second set scare in Doha

Tsonga through after second set scare in Doha

France’s Jo-Wilfried Tsonga won through to the second round of the Qatar Open on Tuesday, but only after seeing off a determined fightback from Russia’s Andrey Kuznetsov.

Oil price hits $58.37

Oil price hits $58.37

Oil prices hit 18-month high on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will drain a global supply glut.