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Meta, the parent company of Facebook and Instagram, has warned that it may restrict access to the two platforms in Nigeria following a series of hefty fines from the country’s regulatory authorities, totaling over $290 million. The company’s attempt to challenge the penalties in an Abuja High Court was unsuccessful, with the court ordering Meta
In a major development in Nigeria’s ongoing crackdown on financial fraud, Adefowora Abiodun Olanipekun, one of six principal promoters of the collapsed cryptocurrency investment platform, Crypto Bridge Exchange (CBEX), has voluntarily surrendered to the Economic and Financial Crimes Commission (EFCC). His surrender comes after a Federal High Court order issued on April 24, 2025, by
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