• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, November 4, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Revenue Loss: Federal Govt Sues Zuckerberg’s Meta, Seeks N30bn Compensation

by Kingsley Okoh
3 years ago
in Cover Stories, Featured, News
Zuckerberg's Meta
Share on WhatsAppShare on FacebookShare on XTelegram

The Advertising Regulatory Council of Nigeria (ARCON) has instituted a suit against Meta Platforms Incorporated, owners of Facebook, Instagram and WhatsApp and its agent, AT3 Resources Limited, at the Federal High Court, Abuja Judicial Division.

Advertisement

ARCON is seeking a declaration, among others, that the continued publication and exposure of various advertisements directed at the Nigerian market through Facebook and Instagram platforms by Meta Platforms Incorporated, without ensuring the same is vetted and approved before exposure, is illegal, unlawful and a violation of the extant advertising law in Nigeria.

ARCON stated that Meta Platforms Incorporated’s continued exposure of unvetted adverts has also led to loss of revenue to the federal government.

Advertisement

To this end, ARCON is seeking N30 billion in sanction for the violation of the advertising laws and for loss of revenue as a result of Meta’s continued exposure of unapproved adverts on its platforms.

ARCON reiterated that it would not permit unethical and irresponsible advertising on Nigeria’s advertising space.

It, however, explained that it was not regulating the online media space but rather advertising and marketing communications on the online platforms in line with its establishment Act.

RELATED NEWS

Don’t Be Distracted By Trump’s Threats, Ruling Party Chieftain Tells Tinubu

Tinubu Receives Winner Of Global Swaminathan Award For Food And Peace, Adenle

Okpebholo Restates Commitment To Fix Federal Roads

Lagos Chamber Of Commerce Backs 15% Petrol Import Tax

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Trump Cancels Plans To Testify At Civil Fraud Trial In New York
News

Don’t Be Distracted By Trump’s Threats, Ruling Party Chieftain Tells Tinubu

2 hours ago
Tinubu Receives Winner Of Global Swaminathan Award For Food And Peace, Adenle
News

Tinubu Receives Winner Of Global Swaminathan Award For Food And Peace, Adenle

2 hours ago
Okpebholo
News

Okpebholo Restates Commitment To Fix Federal Roads

2 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Don’t Be Distracted By Trump’s Threats, Ruling Party Chieftain Tells Tinubu

2 hours ago

Former ANPP Members Demand Inclusion, Endorse Tinubu For 2027

2 hours ago

Tinubu Receives Winner Of Global Swaminathan Award For Food And Peace, Adenle

2 hours ago

Okpebholo Restates Commitment To Fix Federal Roads

2 hours ago

Lagos Chamber Of Commerce Backs 15% Petrol Import Tax

3 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.