In a significant development for the creator economy in Nigeria, Facebook's parent company Meta has made the country eligible for content monetization on its platform. Beginning Thursday, June 27th, Nigerian content creators can now earn advertisement revenue from their Facebook posts and videos.
The announcement was met with enthusiasm and celebration from numerous creators across the country. Many took to Facebook itself to express their joy and gratitude after seeing the eligibility status reflected on their professional dashboards.
The development means that Nigerian creators can now monetize their content through Facebook's various ad products, a privilege that was previously unavailable to them. This opens up new revenue streams and opportunities for these digital content producers, empowering them to generate income from their creative efforts.
The expansion of Facebook's monetization program to Nigeria is seen as a positive step in fostering the growth of the local creator ecosystem. Content creators in the country have long awaited this milestone, which will allow them to be rewarded for the value they bring to the platform's user base.