Starlink’s Subscription Sparks New Reactions
This isn’t the first time Starlink has tried to raise its subscription cost in Nigeria. Back in October 2024, the company announced a new fee of N75,000 per month.
A Federal High Court in Lagos issued a temporary injunction that prevented the Nigerian government from enforcing a ₦60 billion fine against Meta’s Facebook. The ruling came after Facebook’s legal team filed an application challenging the penalty, which had been imposed by the Advertising Regulatory Council of Nigeria (ARCON) in October 2024.
The controversy began when ARCON accused Facebook of running advertisements in Nigeria without proper approval. The council claimed these ads bypassed the Advertising Standards Panel, violating cultural and moral standards. In response, ARCON levied a hefty fine, stating that Facebook had failed to comply with the country’s advertising regulations.
Meta, however, quickly contested the fine, arguing that it was disproportionate and unconstitutional. The tech giant also disputed ARCON’s authority to impose such a large penalty, asserting that its global advertising practices adhered to international standards.
Justice Yellim Bogoro ruled in favour of Meta, temporarily halting any enforcement of the fine or additional penalties until the case is fully examined. A further hearing has been scheduled for February 2025, when both parties will present their arguments in more detail. The legal battle continues, with all eyes on the upcoming hearing.
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This isn’t the first time Starlink has tried to raise its subscription cost in Nigeria. Back in October 2024, the company announced a new fee of N75,000 per month.
Themed “Galvanising MSMEs for Economic Growth and Stability,” this year’s edition focuses on enhancing business resilience, streamlining regulatory processes, and promoting financial inclusion.
In a notice sent to its customers, GTBank explained that the fee adjustment was necessary due to “a recent increase in telecom rates as communicated by the telecommunication service providers.”
The state-of-the-art facility, located at Oladipo Alayande School of Science, was built by the National Information Technology Development Agency (NITDA) and delivered under the Renewed Hope Initiative (RHI
Zap, launched in March 2025, was introduced as a peer-to-peer payment tool. However, according to a person familiar with the situation, the CBN believes the app’s structure mimics a deposit-taking service, a feature reserved only for microfinance banks or institutions with a full banking licence.
Lendsqr’s system begins with a short interview. Rather than submitting documents, borrowers respond to a few questions about their income, job, and repayment plans using either video or voice recordings.
This achievement was the result of a highly oversubscribed hybrid offer in January 2025. The offer included a rights issue of over 5.2 billion ordinary shares at N36 per share and a public offer of about 2.8 billion shares at N36.50.
Nigeria became the 77th shareholder in the EBRD in February 2025. This followed the bank’s carefully phased expansion into sub-Saharan Africa, which was greenlit by its Board of Governors in 2023
The President’s reaction came through a statement by his Special Adviser on Information and Strategy, Bayo Onanuga,
The crisis stems from a four-week-long standoff between MTN Nigeria and the Kogi State Government, resulting in a legal directive to seal off MTN’s operations in the state.
This isn’t the first time Starlink has tried to raise its subscription cost in Nigeria. Back in October 2024, the company announced a new fee of N75,000 per month.
Themed “Galvanising MSMEs for Economic Growth and Stability,” this year’s edition focuses on enhancing business resilience, streamlining regulatory processes, and promoting financial inclusion.
In a notice sent to its customers, GTBank explained that the fee adjustment was necessary due to “a recent increase in telecom rates as communicated by the telecommunication service providers.”
The state-of-the-art facility, located at Oladipo Alayande School of Science, was built by the National Information Technology Development Agency (NITDA) and delivered under the Renewed Hope Initiative (RHI
Zap, launched in March 2025, was introduced as a peer-to-peer payment tool. However, according to a person familiar with the situation, the CBN believes the app’s structure mimics a deposit-taking service, a feature reserved only for microfinance banks or institutions with a full banking licence.
Lendsqr’s system begins with a short interview. Rather than submitting documents, borrowers respond to a few questions about their income, job, and repayment plans using either video or voice recordings.
This achievement was the result of a highly oversubscribed hybrid offer in January 2025. The offer included a rights issue of over 5.2 billion ordinary shares at N36 per share and a public offer of about 2.8 billion shares at N36.50.
Nigeria became the 77th shareholder in the EBRD in February 2025. This followed the bank’s carefully phased expansion into sub-Saharan Africa, which was greenlit by its Board of Governors in 2023
The President’s reaction came through a statement by his Special Adviser on Information and Strategy, Bayo Onanuga,
The crisis stems from a four-week-long standoff between MTN Nigeria and the Kogi State Government, resulting in a legal directive to seal off MTN’s operations in the state.
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2 replies on “ Court Blocks ₦60 Billion Fine on Facebook Pending Further Hearing”
[…] Meta’s latest round of layoffs has reached Nigeria, with employees in the region among those affected by the company’s global job cuts. The tech giant recently announced the termination of 3,600 workers, excluding staff in Germany, France, Italy, and the Netherlands. Employees in Africa, Asia, and parts of Europe are set to receive their notices between 11 and 18 February 2025. […]
[…] Facebook’s parent company, Meta is investing in this space, to develop futuristic robots capable of performing physical tasks like humans. According to sources familiar with the matter, Meta has formed a dedicated team within its Reality Labs hardware division to spearhead the initiative. […]