US EditionMeta fighting Nigerian fines, warns could shut Facebook, Instagram
- Meta faces nearly $300 million in fines from Nigerian authorities as of mid-2024 and may shut down Facebook and Instagram in Nigeria.
- The fines stem from probes conducted by several regulatory bodies that found Meta had breached laws safeguarding personal information and consumer interests in Nigeria between 2021 and 2023.
- Meta contested the fines in court, but the tribunal in Abuja upheld the penalties and mandated that payment be made by the end of June 2024.
- Meta criticized the regulatory requirements as unrealistic and indicated it might have to discontinue Facebook and Instagram operations in Nigeria to avoid penalties.
- The outcome raises the risk of losing access to key social media platforms in Nigeria, Africa’s most populous country with over 164 million internet subscriptions.
115 Articles
115 Articles
Nigeria rebuffs Meta's threat to quit country over data privacy fines
The Nigerian FCCPC said Meta has faced similar penalties in the European Union and countries like the United States, India, South Korea, France, and Australia, without threatening to exit those markets. The post Nigeria rebuffs Meta’s threat to quit country over data privacy fines appeared first on Premium Times Nigeria.
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charitonleader.com
Meta fighting Nigerian fines, warns could shut Facebook, Instagram
Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off Facebook and Instagram in Africa's most populous country.
Meta threatens to cut off Facebook in Nigeria over huge fines - Daily Trust
People in Nigeria may lose access to Facebook and Instagram after their parent company, Meta said it faced large fines and “unrealistic” regulatory demands from the Nigerian authorities. Last year, three Nigerian oversight agencies imposed fines on the US-based social media giant, totalling more $290 million (£218m) for violating various laws and regulations. Meta was unsuccessful in a recent attempt to challenge the decisions in the Federal Hig…
Meta threatens to shut down Facebook, Instagram in Nigeria
Meta may shut down its Facebook and Instagram services in Nigeria in protest against the substantial fines imposed by multiple government agencies. The tech giant has been ordered to pay nearly $300 million in fines in Africa’s most populous nation, following regulatory demands which Meta described as “unrealistic.” In July 2024, the Federal Competition and Consumer Protection Commission, FCCPC, imposed a $220 million fine on Meta for allegedly …
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