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

December 19, 2024
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The Federal Excessive Courtroom in Lagos has granted an interim order restraining the Promoting Regulatory Council of Nigeria (ARCON) from demanding $38.55 million (NGN60 billion) from Fb Nigeria Operations Restricted for an alleged violation. Justice Yellim Bogoro made the order on Dec. 12, 2024, following a movement ex parte filed by Fb. Fb sought two […]



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