Nigeria, Sept. 10 -- Naira fell further against the U.S. dollar at the black market on Friday as the currency exchanged hands with the hard currency at N545.00 per $1, data published on abokiFX.com, a website that collates the parallel market rates in Lagos showed.

This represents a N5.00 or 0.93 per cent devaluation from N540.00 it traded on Thursday.

Also, the local currency lost further against the U.S dollar at the official Nafex window on Friday.

This occurred as foreign exchange supply sharply decreased at the market session.

According to data posted on the FMDQ securities exchange window where forex is officially traded, naira closed at N412.00 per $1 at the official window on Friday.

This translates to a N0.33 or 0.08 per cen...