Breakfast Stories The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed two filling stations and a gas plant in the Sagamu area of Ogun State, over alleged infractions, including under-dispensing of fuel and operating without approval. https://nairametrics.com/2025/02/12/nmdpra-seals-two-filling-stations-gas-plant-in-ogun-over-safety-regulatory-violations/ The Ikeja Electric Distribution Company (IKEDC) has dismissed rumours of a grid collapse, stating that it experienced a system outage on Wednesday, February 12, 2025, at 11:34 AM. https://nairametrics.com/2025/02/12/ikedc-dismisses-rumours-of-grid-collapse-says-electricity-feeders-experienced-system-outage/ Recapitalisation: Tier 3 banks in Nigeria likely to adopt M&A activity and licence downgrades – Fitch https://nairametrics.com/2025/02/12/recapitalisation-tier-3-banks-in-nigeria-likely-to-adopt-ma-activity-and-licence-downgrades-fitch/ The National Universities Commission (NUC) has released a comprehensive fourteen-step procedure for establishing private universities in Nigeria to ensure that new private institutions meet the necessary academic and infrastructural standards before receiving operational approval. https://nairametrics.com/2025/02/12/nuc-announces-14-step-procedure-for-establishing-private-universities-in-nigeria/ The House of Representatives has passed for second reading of the four Tax Reform Bills submitted to the National Assembly by President Bola Tinubu. https://nairametrics.com/2025/02/12/house-of-reps-passes-four-tax-reform-bills-for-second-reading/ Bitcoin turns Crypto market pink, Investors flee to U.S. Dollar https://nairametrics.com/2025/02/12/bitcoin-turns-crypto-market-pink-investors-flee-to-u-s-dollar/ The Federal Government has initiated efforts to revitalize and reform Nigeria’s cooperative sector to enhance economic growth, social cohesion, and poverty reduction. https://nairametrics.com/2025/02/12/fg-to-revitalise-cooperative-sector-for-economic-growth-aliyu-abdullahi/