Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Naira Trades Sideways Against USD as FX Pressure Tempers

    July 13, 2026

    XRP Price Dives Ahead of July 17 U.S. House CLARITY Hearing

    July 13, 2026

    Equities Investors Lose N1.3trn as NGX Bears Strike Again

    July 13, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Naira Trades Sideways Against USD as FX Pressure Tempers
    • XRP Price Dives Ahead of July 17 U.S. House CLARITY Hearing
    • Equities Investors Lose N1.3trn as NGX Bears Strike Again
    • Bitcoin Price Dips as Mining Firm BitFuFu Sells 184 BTC
    • SK Hynix’s 12.8% pop, 15.4% Crash Reveals Hidden Cost of IPO hype
    • Cardano Dips 4.3% Amid Founder Charles Hoskinson Exit Rumours
    • SOL Dips Amid SBI, Solana JV for Japan On-Chain Financial Market
    • OPEC Crude Oil Production Surges 3mbpd in June
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, July 14
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Fintech » Nigeria Fines WhatsApp, Facebook $220m over Data Abuse

    Nigeria Fines WhatsApp, Facebook $220m over Data Abuse

    Marketforces AfricaBy Marketforces AfricaJuly 20, 2024Updated:July 20, 2024 Fintech No Comments3 Mins Read
    Nigeria Fines WhatsApp, Facebook $220m over Data Abuse
    meta
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Nigeria Fines WhatsApp, Facebook $220m over Data Abuse

    Nigeria’s antitrust agency, Federal Competition and Consumer Protection Commission (FCCPC) imposed a $220 million fine on Meta, formerly known as Facebook and WhatsApp over alleged consumer rights’ infringements.

    In a statement, acting Executive Vice Chairman/Chief Executive, FCCPC, Dr. Adamu Abdullahi, accused the social media platforms of denying Nigerian data subjects the right to self-determine; unauthorised transfer and sharing of Nigerian data-subjects personal data, including cross- border storage in “violation of then, and now prevailing law”.

    The commission further indicted the platforms over discrimination and disparate treatment; abuse of dominance; and tying and bundling.

    The Nigeria’s antitrust official Adamu said Meta appropriated the data of Nigerian users on its platforms without their consent, abused its market dominance, and meted out discriminatory and disparate treatment on Nigerians, compared with other jurisdictions with similar regulations.

    =Meta did not immediately comment, but the FCCPC said in a statement that the company had provided some documents and had retained counsels who had met and engaged with the agency. FCCPC chief, Abdullahi said the investigations were jointly held with Nigeria’s Data Protection Commission and spanned over 38 months.

    The investigations found Meta policies don’t allow users the option or opportunity to self-determine or withhold consent to the gathering, use, and sharing of personal data, Abdullahi said.

    “The totality of the investigation has concluded that Meta over the protracted period of time has engaged in conduct that constituted multiple and repeated, as well as continuing infringements… particularly, but not limited to abusive, and invasive practices against data subjects in Nigeria,” Abdullahi said.

    “Being satisfied with the significant evidence on the record, and that Meta has been provided every opportunity to articulate any position, representations, refutations, explanations or defences of their conduct, the Commission have now entered a final order and issued a penalty against Meta,” Abdullahi said.

    The final order mandates steps and actions Meta must take to comply with local laws, Abdullahi said. In May, Turkey’s competition board fined Meta 1.2 billion lira following investigations on data-sharing on its Facebook, Instagram, Threads and WhatsApp platforms.

    Meta has faced pushback in Europe and other jurisdictions over alleged breaches of data protection laws. Meta’s plan to use personal data to train its artificial intelligence models without seeking consent has come under fire in Europe. #Nigeria Fines WhatsApp, Facebook $220m over Data Abuse  FG Offers 3 Bonds Valued at N300bn for Subscription

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Naira Trades Sideways Against USD as FX Pressure Tempers

    XRP Price Dives Ahead of July 17 U.S. House CLARITY Hearing

    Equities Investors Lose N1.3trn as NGX Bears Strike Again

    Bitcoin Price Dips as Mining Firm BitFuFu Sells 184 BTC

    SK Hynix’s 12.8% pop, 15.4% Crash Reveals Hidden Cost of IPO hype

    Cardano Dips 4.3% Amid Founder Charles Hoskinson Exit Rumours

    Add A Comment

    Comments are closed.

    Editors Picks

    Naira Trades Sideways Against USD as FX Pressure Tempers

    July 13, 2026

    XRP Price Dives Ahead of July 17 U.S. House CLARITY Hearing

    July 13, 2026

    Equities Investors Lose N1.3trn as NGX Bears Strike Again

    July 13, 2026

    Bitcoin Price Dips as Mining Firm BitFuFu Sells 184 BTC

    July 13, 2026

    SK Hynix’s 12.8% pop, 15.4% Crash Reveals Hidden Cost of IPO hype

    July 13, 2026
    Latest Posts

    Naira Trades Sideways Against USD as FX Pressure Tempers

    July 13, 2026

    XRP Price Dives Ahead of July 17 U.S. House CLARITY Hearing

    July 13, 2026

    Equities Investors Lose N1.3trn as NGX Bears Strike Again

    July 13, 2026

    Bitcoin Price Dips as Mining Firm BitFuFu Sells 184 BTC

    July 13, 2026

    SK Hynix’s 12.8% pop, 15.4% Crash Reveals Hidden Cost of IPO hype

    July 13, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.