Did you know Meta Threatens Facebook & Instagram Exit from Nigeria Over $290M Fines?

Описание: Did you know Meta Threatens Facebook & Instagram Exit from Nigeria Over $290M Fines?

Meta has warned that it may be forced to shut down Facebook and Instagram in Nigeria after being hit with over $290 million in fines by three regulatory bodies for alleged violations, including anti-competitive behavior, unapproved advertising, and breaches of data privacy laws. The company recently lost a legal challenge in Nigeria’s federal high court and now faces a June deadline to pay the fines. Meta criticized the demands—particularly from the Nigerian Data Protection Commission—as unrealistic, including a requirement for prior approval to transfer user data out of the country and for educational content on data privacy. With Facebook being Nigeria’s most popular platform and essential for many small businesses, the potential shutdown has raised concerns about access and economic impact.

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