Kalu Eke, one of the five nominees selected by President Bola Ahmed Tinubu for the Central Bank of Nigeria (CBN) Board of Directors, has declined the appointment. Tinubu had initially submitted Eke's name, along with four others, to the Senate for confirmation.

However, during the screening exercise conducted by the Senate Committee on Banking, Insurance, and Other Financial Institutions, Eke was notably absent. Senator Mikhail Abiru, representing Lagos East Senatorial District, informed the Senate that Eke failed to appear for screening, rendering the committee unable to recommend him for confirmation.

Senator Orji Kalu, representing the nominee's constituency, disclosed that Eke had contacted him to express concerns about potential conflicts of interest due to his ongoing engagements with various public and private entities, both locally and internationally. Consequently, Eke felt it would be conflicting to accept the appointment to the CBN board while engaged in his current endeavors.

Senator Kalu further informed the Senate that Eke had already notified the Governor of the Central Bank of Nigeria about his decision to decline the nomination.

Following these developments, the Senate proceeded to confirm the appointments of the remaining five nominees for the CBN Board.