December 19, 2024

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Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand

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Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s .55 Million Demand
Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s .55 Million DemandThe Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON) from demanding $38.55 million (NGN60 billion) from Facebook Nigeria Operations Limited for an alleged violation. Justice Yellim Bogoro made the order on Dec. 12, 2024, following a motion ex parte filed by Facebook. Facebook sought two […]