Business
Mark Zuckerberg Announces the End of Mobile Phones and Reveals Their Replacement
” He predicts that by the 2030s, people will reach for their phones less often, opting instead for the convenience and seamless integration of smart glasses.
(Belles and Gals) :
The smartphone has been a constant companion in our lives for decades, shaping how we connect, work, and stay informed.
But according to Mark Zuckerberg, the days of mobile phones dominating our lives might be numbered.
In a bold statement, the Meta CEO shared his vision for the future: smart glasses as the next major computing platform, set to replace smartphones as our go-to tech device.
Are Smartphones Becoming Obsolete?
For years, smartphones have been indispensable, but Zuckerberg believes they’re on the verge of being relegated to a secondary role.
Speaking in a recent video, he explained that wearable technology, particularly smart glasses, offers a more immersive and less intrusive experience than traditional phones.
“I think the trend in computing is to become more omnipresent, natural, and social,” Zuckerberg said.
“You want to interact with people around you, and I believe this will be the next major platform after phones.
” He predicts that by the 2030s, people will reach for their phones less often, opting instead for the convenience and seamless integration of smart glasses. “
The Rise of Smart Glasses
While the idea of smart glasses replacing smartphones may sound futuristic, recent advancements in technology suggest it’s closer than we think.
Major tech companies are pouring resources into this space, each with its own take on wearable tech.
Apple’s Vision Pro and Meta’s Orion project are leading the charge, but they’re not alone.
Numerous other companies are working to develop augmented reality glasses that blend cutting-edge functionality with everyday usability.
Zuckerberg is particularly optimistic about Meta’s efforts.
He envisions a future where smart glasses offer features like real-time augmented reality overlays, on-the-go information access, and personalized guidance.
Essentially, they’ll act as personal assistants that are always within view—no need to pull a phone out of your pocket.Zuckerberg explains that this transition won’t happen overnight.
Smartphones will remain integral for many tasks, but smart glasses are poised to gradually take over in areas where convenience matters most.
There will come a time when your smartphone spends more time in your pocket than out of it,” he said.
“Even if some tasks are more effectively handled on a phone, users will gravitate toward the ease of using smart glasses.”
With features like navigation assistance, voice-activated commands, and AR-enhanced communication, these glasses could redefine how we interact with the digital world—and each other.
What This Means for the Future
The move from smartphones to smart glasses represents a broader trend in technology: making computing more intuitive, wearable, and socially integrated.
If Meta and other tech giants succeed, smart glasses could become as ubiquitous as smartphones are today, changing the way we engage with the world around us.
While this shift may take time, one thing is clear: the future of tech is wearable, and the days of staring at a screen in our hands might soon be behind us.
Whether this will truly replace the smartphone or simply complement it remains to be seen, but the evolution of personal technology is undeniably accelerating.
Source: Belles and Gals
Business
Dangote Refinery’s IPO Ends Tomorrow
“The level of investor interest reflects growing confidence in our business and in the strong financial results we have delivered,” the company said.
[File photo] Opening ceremony of Dangote Refinery’s IPO on the NGX, September 14,2026
Dangote Petroleum Refinery & Petrochemicals has confirmed that its Initial Public Offering (IPO) will close on Tuesday, 27 October 2026 as scheduled, with no extension.
In a statement, the management said that the IPO has become a historic ownership moment, an opportunity for Africans at home and abroad to own a stake in one of the continent’s most strategic industrial assets.
“Investors recognise that this refinery is not merely an energy asset. It is a platform for industrial growth, foreign-exchange generation, regional trade, energy security and economic development across Africa,” management said.
The offer was structured to ensure ordinary investors participate alongside institutions, broadening ownership of the world-class asset.
“The level of investor interest reflects growing confidence in our business and in the strong financial results we have delivered,” the company said.
Business
Dangote Visit London Stock Exchange Ahead of November Cement Listing
Unlike an initial public offering, a secondary listing would let Dangote Cement, already listed on the Nigerian Exchange, set up an additional presence in London.
Aliko Dangote visited the London Stock Exchange on Friday, October 23, 2026, as Dangote Cement Plc prepares a proposed $1 billion share sale and a secondary listing in the United Kingdom.
The company is reportedly targeting November 2026 for the listing, subject to market conditions and regulatory approval.
A video circulating on social media captured the visit, with exchange officials and attendees welcoming Africa’s richest man.
The trip is part of efforts to pull international investment into his business empire.
The proposed deal could see Dangote Cement offer about 10% of its equity to international investors, potentially raising roughly $1 billion.
The final timetable is not fixed and remains subject to market conditions and regulatory requirements.
Unlike an initial public offering, a secondary listing would let Dangote Cement, already listed on the Nigerian Exchange, set up an additional presence in London.
That could raise the company’s visibility with international institutional investors, including pension funds, asset managers and other investment firms.
The share sale has not been completed. Its final structure, valuation and pricing are still subject to confirmation.
Business
Olagunju to head JPMorgan’s Proposed Nigerian Merchant Bank
The proposed bank would expand JPMorgan’s presence beyond its representative office in Lagos. It could undertake a broader range of regulated banking activities after securing a final licence.
The Central Bank of Nigeria has granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria.
The regulator also approved Adedapo Adedayo Olagunju as Managing Director of the proposed JPMorgan Merchant Bank Nigeria Limited.
The approval came on Friday, October 23, 2026. The bank has not received its final operating licence.
Olagunju has led JPMorgan’s West African operations since 2018.
He is an Oxford-trained banker with more than two decades of experience in treasury management, financial markets, institutional banking and structured finance.
His appointment puts him in line to head the American bank’s proposed Nigerian merchant bank once final licensing is completed.
The CBN also approved four non-executive directors and three independent non-executive directors for the proposed institution.
The proposed bank would expand JPMorgan’s presence beyond its representative office in Lagos. It could undertake a broader range of regulated banking activities after securing a final licence.
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