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Meet Urum Eke who rejected Tinubu’s CBN appointment
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A consultant with the World Bank, Urum Eke, on Thursday, rejected President Bola Tinubu’s appointment to serve as a member of the Central Bank of Nigeria Board of Directors.
Tinubu had, on February 13, forwarded the names of Eke and four others for confirmation as members of the board for the CBN.
However, during the confirmation, the former Governor of Abia State, Senator Orji Kalu, ( APC, Abia North ) told the Senate that Eke, who is his constituent, had called him on the phone to reject the offer, noting that it would conflict with his present job as a consultant with the World Bank.
This came to the fore during the Thursday plenary when the Senate began the process for the confirmation of the nominees.
The Senate, however, has confirmed the appointment of four other members of the Board of Directors of the CBN – Robert Agbede; Ado Yakubu Wanka; Professor Murtala Sabo Sagagi and Mrs. Muslimat Olanike Aliyu.
In this piece, PUNCH Online highlights 13 facts about Eke:
Born on November 20, 1964, Eke attended the Comprehensive Secondary School, Aba and Government College, Umuahia, the state capital, for his West African School Certificate and Higher School Certificate respectively.
He obtained a bachelor’s degree in Political Science from the University of Lagos in 1985.
Afterwards, Eke earned his Master in Business Administration in Projects Management Technology from the Federal University of Technology, Owerri in 2008.
The 59-year-old is an Alumnus of the prestigious Lagos Business School and the Wharton Business School, amongst others.
Eke is a recipient of Nigeria’s National Order of Merit and National Honour of Member of the Order of the Federal Republic.
He began his career in 1986 with Deloitte Haskins & Sells International as a senior auditor till 1991.
Eke further went on to serve as an Executive Director at Diamond Bank Plc for 19 years from 1992 – 2011.
Eke, a consummate financial services expert, is a former Group Managing Director at First Bank of Nigeria Holdings Plc.
He also served as a Non-Executive Director on the Boards of FBN Limited and FBN Merchant Bank Limited.
In 2017, he was appointed to the board of the Nigeria Sovereign Investment Authority (Sovereign Wealth Fund) and served until 2021.
Eke is the Executive Chairman, Fairchild Group which comprises Fairchild Capital Ltd, Fairchild Base Investment Ltd, Fairchild Ventures Ltd, among others.
He is also the Chairman, Board of Directors of NSIA-LUTH Cancer Centre, a foremost cancer treatment centre in West Africa.
Eke has over 35 years of experience in financial services covering auditing, business assurance, consulting, amongst others.
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INEC extends PVCs collection in Ekiti for 72hours
By Kayode Sanni-Arewa
The Independent National Electoral Commission (INEC), Ekiti State Office, on Thursday announced the extension of the ongoing collection of Permanent Voter Cards (PVCs) has been extended from Friday, 12th June to Sunday, 14th June 2026.
The was contained in a statement by the state Resident Electoral Commissioner, Dr Bunmi Omoseyindemi in Ado Ekiti
The statement read: “The Independent National Electoral Commission (INEC), Ekiti State Office, wishes to inform all registered voters in the State that the ongoing collection of Permanent Voter Cards (PVCs) has been extended from Friday, 12th June to Sunday, 14th June 2026
“The extension is intended to provide an additional opportunity for eligible voters who are yet to collect their PVCs to do so before the Governorship Election scheduled for Saturday, 20th June 2026.
“Collection of PVCs will continue at the designated Local Government Area Offices of the Commission during official hours. Voters are advised to collect their PVCs personally, as collection by proxy will not be permitted.
INEC urges all registered voters who have not collected their PVCs to take advantage of this extension, as the PVC remains the only means of identification for voting on Election Day.
“The Commission remains committed to ensuring that every eligible voter is given the opportunity to participate in the electoral process.”
News
Trump Stops Scheduled Bombings Against Iran
US President Donald Trump on Thursday said he was calling off strikes on Iran and flagged the signing of a possible deal with Tehran after top-level talks.
“Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have… cancelled the scheduled strikes and bombings against Iran this evening,” Trump said on his Truth Social network.
“Time and place of the signing to be announced shortly,” he added.
Iran Warns Of ‘Endless Quagmire’
Iran had warned Washington on Thursday that it risked wading into an “endless quagmire” of war and soaring energy prices, after Trump vowed to launch a new round of airstrikes and to seize an island oil terminal.
Iran’s chief negotiator in talks with the Americans, parliamentary speaker Mohammad Bagher Ghalibaf, issued his stark warning after the two sides exchanged overnight fire and Trump threatened that US forces would hit “VERY HARD TONIGHT”.
“Wrong strategies and impulsive decisions will reset the entire board for the worse, explode energy infrastructure and markets and create an endless quagmire that you will be stuck in for years,” Ghalibaf said.
The war, which began on February 28 with a wave of US-Israeli strikes on Iran, was paused under an April truce, but efforts to hammer out a permanent end to the fighting have since stalled.
US forces have also, since the ceasefire, hit radar arrays and disabled Iranian ships, and Tehran has maintained a chokehold on shipping through the Strait of Hormuz.
“At some point in the not too distant future, we will be taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets, much like we have with Venezuela,” Trump said, in a post on his own social media platform, referring to a Gulf island that hosts Iran’s biggest oil export terminal.
General Ali Abdollahi, head of the Iranian military’s central headquarters, warned that “if the United States once again seeks to carry out attacks against heroic Iran, it would receive a harsher response than before, and the flames of war, in addition to creating insecurity in the region, will become more widespread and far-reaching”.
The conflict has destabilised oil and gas prices, fuelling inflation and fears of recession in many economies.
On Thursday, the World Bank lowered its global growth forecast to its lowest level since the coronavirus pandemic, predicting it would drop to 2.5 percent in 2026, from 2.9 percent last year.
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Akpodiete Hails Rt. Hon. Fred Agbedi on Appointment as House Minority Leader
Hon. Dr. Olotu Akpodiete JP, who’s vying for the Ughelli North, South and Udu Federal Constituency seat in the House of Representatives, has sent his congratulations to Rt. Hon. Frederick Agbedi. Agbedi’s new role as Minority Leader was announced today during plenary by Speaker Rt. Hon. Tajudeen Abbas.
Dr. Akpodiete said Agbedi’s emergence shows the trust and confidence his colleagues have in him. He described the new Minority Leader as dependable, strong-willed, and a politician of principle who acts on conviction rather than convenience.
Rt. Hon. Agbedi represents Sagbama/Ekeremor Federal Constituency in Bayelsa State. Before this appointment, he led the PDP Caucus in the House and also served as Bayelsa PDP chairman. He remains a committed PDP member and believes the party has a vital role as a strong opposition.
Akpodiete said he’s confident Agbedi will use his experience, competence and character to serve the House, the legislature, and Nigerians well.
Signed:
Hon. Dr. Olotu Akpodiete JP
House of Representatives Candidate Hopeful
Ughelli North, South and Udu Federal Constituency
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