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
Mapping Bitcoin’s Bull Cycle Potential
Jack DaviesJune 7, 2025
Bitcoin’s Market Value to Realized Value, or MVRV ratio, remains one of the most reliable on-chain indicators for identifying local...
Whale Transfer Of 53 Million XRP Sends Ripples — Can Bulls Defend $2 Level?
Jack DaviesJune 7, 2025
Main Takeaways:-Whale Alert shared that 53 million XRP, worth $118 million, was sent to Coinbase. This made people worry that...
Trump Prepares to Oust Fed Boss Powell, Says New Chair Decision ‘Very Soon’
Jack DaviesJune 7, 2025
U.S. President Donald Trump is expressing growing dissatisfaction with Federal Reserve Chair Jerome Powell, and just ahead of the weekend,...
Gold Mining Developer Bluebird Ventures Unveils Bitcoin Reserve Plan
Jack DaviesJune 7, 2025
Bluebird Mining Ventures Ltd., a UK-listed gold exploration company, has made headlines after announcing it will convert future revenues into...