The local currency gained by 4.06 per cent compared to the N773.50 it exchanged against the dollar on Monday.
The open indicative rate closed at N774.74 to the dollar on Thursday.
The naira gained 0.39 per cent compared to the N747.87 it exchanged for the dollar on Monday.
“Buhari was spending money recklessly,” ex-President Olusegun Obasanjo asserted.
A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N747.87.
This, according to the report comes after the company revaluated its foreign holdings in response to the 40 per cent depreciation of the naira.
The naira depreciated against the dollar on Tuesday as it exchanged at N775.34 at the Investors and Exporters window.
The open indicative rate closed at N777.82 to the dollar on Thursday.
Naira depreciated against the dollar on Wednesday as it exchanged at N782.38 at the Investors and Exporters window.
The naira gained by 2.23 per cent compared with N774.78 which it exchanged for the dollar on Monday.
