Nigeria: Three Ruling Party Governors Sue Government Over Cash Swap

Three governors from Nigeria's Kaduna, Kogi and Zamfara states appealed to the Supreme Court to rule on the legality of the Central Bank's plan to replace 2.7 trillion naira ($5.86 billion) of high-denomination bills with redesigned notes, the reasonableness of the six-week timeline to phase out old money, and whether the central government is exceeding its powers, Bloomberg reported Feb. 6....