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FG Reacts as Meta Threatens to Exit Nigeria Over Regulatory Fines

The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), has responded to reports that Meta Platforms Inc. — the parent company of Facebook, Instagram, and WhatsApp — is considering leaving Nigeria following a hefty regulatory fine exceeding N200 million. Meta had earlier expressed concerns about what it described as excessive demands and […]

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Meta Threatens to Pull the Plug on Facebook, Instagram in Nigeria Over Regulatory Disputes

Meta Platforms Inc., the parent company behind Facebook and Instagram, has raised alarms over the future of its operations in Nigeria, warning it might be forced to shut down both platforms in the country. The tech giant cites mounting regulatory fines and what it describes as “unrealistic” demands from Nigerian authorities as reasons for the

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