The 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 […]
Source link

Chain Articles > Blog > Bitcoin > Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand
Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand
posted on
You Might Also Like
H100 Group Receives 144.8 BTC In Convertible Loan Deal
Jack DaviesJune 17, 2025
H100 Group, Swedish health-tech firm, has received 144.8 BTC as part of a settlement tied to its convertible loan agreement,...
Understanding What Is a Software Crypto Wallet and Why Choose Ledger?
Jack DaviesJune 16, 2025
This content is provided by a sponsor. With the rise of cryptocurrencies, securing digital assets has become paramount. A crucial...
Brazil Ends Crypto Tax Exemptions, Will Now Charge 17.5% Capital Gains Tax
Jack DaviesJune 16, 2025
Brazil has enacted a sweeping overhaul of its crypto taxation policy. The country has ended its longstanding tax exemptions for...
Trump Media Files To Launch Bitcoin And Ethereum ETF
Jack DaviesJune 16, 2025
Trump Media & Technology Group has filed a registration statement with the U.S. Securities and Exchange Commission to launch the...