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Oppo launches slim $1,870 folding phone to rival Samsung, Huawei

When it’s folded shut, the Find N5 looks like a normal bar-shaped phone with a 6.62-inch display

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Chinese smartphone firm Oppo has unveiled its new flagship folding phone Thursday, touting a slimmer body and artificial intelligence-focused features in a bid to compete with high-end foldable devices from the likes of Samsung and Huawei.

CNBC reports that the company’s Find N5 phone that can fold in half, will retail at a starting price of 2,499 Singapore dollars ($1,867.70).

When it’s folded shut, the Find N5 looks like a normal bar-shaped phone with a 6.62-inch display.

The device can then be folded outward to show a larger, 8.12-inch tablet. Most notably, the phone has an ultra-thin design.

When closed, it measures 8.93 millimeters thick, while when opened out in tablet form, the Find N5 has a depth of 4.21 millimeters.

That’s slimmer than Samsung’s Galaxy Fold 6, which the South Korean tech giant released last year. Inside the device is a razer-thin 5,600 milliampere-hour (mAh) battery that’s no bigger than a credit card.

Oppo said the battery incorporates a silicon-carbon material, which enables high battery capacity despite its small size.

Oppo is hoping it can win business from the likes of Samsung and Chinese tech giant Huawei, both major smartphone players seeking to shake the market out of an innovation slowdown with flashy new models that can bend.

Earlier this week, Huawei launched the Mate XT, a “trifold” phone with three screens, outside of China for the first time.

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Business

NAFDAC Seals 18 Warehouses Over Expired Products in Niger State

According to NAFDAC, about 80,000 packets of expired non-alcoholic drinks, 5,000 packets of dairy milk, 16,000 packets of bottled water, 28 cartons of pasta and other assorted expired products were uncovered during the operation.

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Photo: Expired beverages ; Credit: NAFDAC

The National Agency for Food and Drug Administration and Control (NAFDAC) has sealed no fewer than 18 warehouses in Bida, Niger State, following the discovery of large quantities of expired food and beverage products valued at over ₦100 million.

The warehouses, located around Ndazabo White House along Minna Road and behind Bida Modern Market, were shut after NAFDAC’s Investigation and Enforcement team acted on credible intelligence.

Items recovered during the raid included expired non-alcoholic beverages, dairy milk, candies, bottled water and pasta, some of which were already packaged for distribution.

According to NAFDAC, about 80,000 packets of expired non-alcoholic drinks, 5,000 packets of dairy milk, 16,000 packets of bottled water, 28 cartons of pasta and other assorted expired products were uncovered during the operation.

Managers of the affected warehouses were arrested for interrogation, during which preliminary findings linked the facilities to a company identified as BY Ventures.

This prompted NAFDAC officials to extend their operation to supermarkets owned by the company in Minna, where additional expired products and counterfeit Goya oil were allegedly found.

Both supermarkets were subsequently sealed, while the Managing Director of the company, Alhaji Yusuf Nadabo, was invited for further questioning.

The agency said that he admitted ownership of the expired products during interrogation.

NAFDAC stated that investigations are ongoing and that appropriate regulatory sanctions would be imposed at the conclusion of the process to serve as a deterrent to others.

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Business

Wema Bank Announces Grand Event for International Women’s Day 2026 on March 4

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Wema Bank, Nigeria’s oldest indigenous financial institution and pioneer of Africa’s first fully digital bank, ALAT, has announced it will host its highly anticipated 2026 International Women’s Day (IWD) Grand Event on Tuesday, March 4, 2026.

The event, described by the bank as the industry’s biggest celebration of its kind, aligns with the global IWD 2026 theme “Give To Gain.” Wema Bank has adopted the sub-theme “When Women Gain, We Grow,” emphasizing the transformative impact of supporting and investing in women across personal, professional, and societal levels.

According to Managing Director/CEO Moruf Oseni, the initiative underscores the bank’s long-standing commitment to women’s empowerment and gender inclusion, in line with United Nations Sustainable Development Goal 5.

Through its women-focused proposition, SARA by Wema (launched in 2019), the institution has consistently championed programs like SARA Gives and the Big Sister Graduation Challenge to uplift women at every stage.

The March 4 event is expected to feature keynote addresses, fireside chats, panel discussions, networking sessions, and opportunities to convene top women leaders from diverse industries alongside everyday women navigating their paths to success.

It aims to foster actionable conversations on empowerment, leadership, and collective growth.

Registration is now open via the official portal at wemabank.com/iwd, with the bank encouraging early participation to secure spots.

This announcement builds on Wema Bank’s history of impactful IWD celebrations and reinforces its dedication to promoting gender equality and women’s advancement in Nigeria and beyond.

Further details on the venue, speakers, and full agenda are expected to be released in the coming weeks.

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Dangote expands daughters’ roles as succession plan accelerates

Mariya Dangote, who joined the board of Dangote Cement last July following her father’s retirement as chairman, will now oversee commercial strategy for the cement business.

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• Aliko Dangote and his daughters

Aliko Dangote, Africa’s richest man, has assigned expanded leadership roles to his three daughters as part of preparations for the future of his industrial conglomerate, which he aims to grow into a $100 billion business within the next four years.

According to Business Day, an internal memo confirmed by a company spokesperson, Halima, Fatima and Mariya Dangote will take on broader responsibilities across key divisions of the Dangote Group, signalling a deliberate shift towards the next generation.

Fatima Dangote, the youngest, will assume a senior commercial role within the group’s energy division, which includes its Lagos-based oil refinery.

She will continue to oversee corporate communications and administration for the wider group.

Halima Dangote, who currently manages the family office in Dubai, will extend her oversight to its London operations while supporting the company’s international expansion efforts.

Mariya Dangote, who joined the board of Dangote Cement last July following her father’s retirement as chairman, will now oversee commercial strategy for the cement business.

She will also take on responsibility for shaping strategy across the group’s food operations in all markets.

In the memo, the company said that the appointments were intended to “empower a new generation to take on expanded responsibilities in shaping our future.

”The changes mark a clear step in Dangote’s succession planning, transferring more operational authority to his daughters while he retains overall strategic control.

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