Nigeria, April 20 -- Naira fell against the U.S. dollar at the unofficial market on Tuesday, data posted on abokiFX.com, a website that collates parallel market rates in Lagos showed.

The data posted showed that the naira closed at N486.00 at the black market, which represents a N4.00 or 0.83 per cent devaluation from N482.00 the rate it has been exchanging hands with the greenback since April 12.

The last time the local unit touched N486.00 was on March 31.

In a similar pattern, the naira weakened slightly against the U.S. dollar at the I&E window of the foreign exchange market on Tuesday, as foreign exchange supply soar significantly.

Data posted on the FMDQ Security Exchange where forex is officially traded showed that the domestic...