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The Independent UK
The Independent UK
National
Chinedu Asadu

Nigeria regulator seeks $70M penalty in lawsuit against Meta

Copyright 2021 The Associated Press. All rights reserved.

A Nigerian advertising regulator has sued Meta, accusing the owner of Facebook and WhatsApp of publishing unauthorized ads and seeking a 30 billion naira ($70 million) fine.

The lawsuit filed in a local court by the Advertising Regulatory Council of Nigeria, or ARCON, is the regulator's latest action that analysts say could hurt businesses highly dependent on digital ads for their growth.

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