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Finance & Markets

Shein’s $100 Billion Valuation Falls to $26 Billion

Shein is heading toward a Hong Kong listing at a valuation of about $26.5 billion, roughly a quarter of its 2022 peak, after earlier efforts to list in New York and London ran into regulatory hurdles. Bloomberg News Consumer Finance Reporter Lisa Du is on Bloomberg This Weekend with hosts Christina Ruffini and Bailey Lipschultz and says the fast-fashion giant is pitching investors on expanding…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Lagos, Ikoyi-Obalende LCDA move to tackle illegal space encroachment

The Lagos State Government, through the Lagos State Informal Space Management Authority (LASISMA) and the Ikoyi-Obalende Local Council Development Area (LCDA), has moved to tackle illegal encroachment…

  • Lagos State Govt partners Ikoyi-Obalende LCDA to tackle illegal space encroachment
  • Authority's Daisi Oso briefed on mandate, responsibilities, collaboration importance
  • Seven-day ultimatum issued for occupants around public institutions to vacate

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