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Facebook launches Marketplace in Nigeria

Janet John by Janet John
February 5, 2021
in Tech News
Facebook widens anti-fake news project to 10 more African countries, Facebook just changed its logo, here’s why , Facebook launches new payment platform, Facebook Pay, Startups in Facebook Accelerator Programme raise $500,000 , Facebook to pay $550 million to settle privacy violations lawsuit , Facebook builds a gaming app, Facebook is building high speed internet connectivity to Nigeria, Facebook Takes on Zoom with its New Video Chat Feature, Amazon, Apple, Facebook and Microsoft hit all-time highs, with combined market value of about $5 trillion
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Facebook has launched Marketplace in Nigeria. Facebook initially created Marketplace in 2016 as a platform where users can buy and sell new and pre-owned items to other users.

Users could list their product on the Marketplace and connect directly with potential customers in their area instead of buying and selling through user-created Facebook groups.

This service was not available in Nigeria until this week. The marketplace was already available in some African countries, even though more people use Facebook in Nigeria than in other African countries

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To start using MARKETPLACE, USERS can simply tap on the Marketplace icon or visit www.facebook.com/marketplace to browse and search for items, sort based on distance or category.

Facebook’s head of public policy for Anglophone, West Africa, Adaora Ikenze, commented on the launch and explained that “the launch of Marketplace in Nigeria further highlights our ongoing efforts in helping to boost buying and selling in Nigeria and connecting communities.”

As the effect of the pandemic continues to impact lives and businesses, the launch of Facebook Marketplace in Nigeria will provide people with a convenient destination where they can buy and sell anything from the comfort of their homes.

READ: TikTok set to reduce misinformation on its platform

To start using market place, Users can list an item and then create a public listing group that will appear on people’s Newsfeed, Facebook search, marketplace or Facebook groups.

The items sold on Facebook must adhere to the Community Standards, as well as the Commerce Policies. Sellers and Merchants are responsible for complying with all applicable laws and regulations.

Facebook also said that buyers should verify the item before completing shipping arrangements. To ensure safety, meeting arrangements should be done in public places.

READ: Big Eastern European Bank begins Crypto trading

What you should know:

  • Over the past few years, Facebook Marketplace has grown in popularity and is now used by 800 million people in 70 different countries every month.
  • This safety regulation is coming due to the incident that occurred this week where a man was robbed by a Facebook Marketplace seller in the US.
  • Users are urged to protect their privacy and avoid disclosing sensitive information like financial account information to people

Follow us for Breaking News and Market Intelligence.
Tags: Facebookmarketplace
Janet John

Janet John

Janet John is a graduate of Chemical Engineering from the University of Uyo. She specializes in technical writing where she creates easy to read documentation, articles to clearly and efficiently explain highly complex processes. When she is not writing, she works as a freelance front-end developer

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