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Under 40 CEOs. Read What Uki Dare of Poise Had To Say On The Show

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If you have never caught an episode of Under 40 CEOs since it hit the airwaves in October, 2015 then you really do need to make it a date to watch at 9pm (Nigerian Time), every Wednesday on SIlverbird Television Dream Network. You may also watch on DSTV Channel 252 at same time.

Ukinebo Dare is the CEO at Poise Graduate Finishing School and she was our guest last week Wednesday. Please do read excerpts from her interview below and be inspired.

Ukinebo Dare

Ukinebo Dare

As a student, I opted for sciences because my role model, mentor and everything is my Dad. My Dad is an engineer so I always wanted to study engineering. Early in life I had discovered what I wanted to do was to teach people. Even though i was working in IT, I wanted to go out of the sciences, and after working in the IT for 3 years and enjoying it, I just felt like I could do my masters in an IT related course which is what everybody expected or I could just use that opportunity to branch out totally and do management.
I worked for Oando, an indigenous oil company between 2007 – 2008 and when I went for my MSC in Management and got back to Nigeria, I was considering whether to go back to Oando or not. However, in my discussion with them, I indicated that I really was looking for somewhere outside IT. So, while we were discussing that and trying to find something in my new direction, the opportunity to start the Poise Graduate Finishing Academy (PGFA) came up. And that was in 2009, and it has been everything that is in line with all what i wanted to do. It has been about grooming and teaching people. The most important part was that it was new.
In relation to my twitter bio, obeying God was one of the things that inspired my coming to Poise. It all started when I was in the University, I attended a seminar by Myles Munroe where he talked about “Purpose” and how we are all designed for something and his formula for finding out what we are all designed for, is praying about it and figure out that thing that you really love and hate the most, and that shows you what you should be doing. I had gotten to that point where I followed the steps as he prescribed and I discovered that thing that would give me fulfillment is helping people to see the truth in terms of how things should be done, how can I make my life better? How can I change my situation? So, running the Poise Graduate Finishing Academy was in line with what I wanted to do. In training these graduates, we help them go from feeling helpless to feeling powerful. When Poise Graduate Finishing Academy started, it was a new thing and it was meant to run as a department within Poise, which was why I started as the Head of the Graduate Finishin Academy. As the years went by, the growth of the academy meant that it could actually stand on its own as a separate entity within the group. That was how the transition went from being the head of the department to pushing that department into its own entity and that was how I became the CEO.

Ukinebo In A Training Session.

Ukinebo In A Training Session.

As a trainer, writer, brand strategist, brand manager and business advisor, I am very passionate because my passion is to introduce people to the best version of themselves. I see people going through life and trying to be someone else. Even asides trying to be someone else, some are just okay with who they are, but they feel trapped with who they currently are. Early in life, my dad taught me something which says “your nurture and not your nature will determine your destiny in life”. I am all about push yourself; there is more within you that you can’t get to the end. That is why I say this is not the best version of me, because if tomorrow I find something else that I don’t know how to do, I will push myself to learn it if I need to. So by introducing people to the best version of them, the first thing I try to do is to help them believe in themselves and see that there is so much more.

At Poise Graduate Finishing Academy, the key thing for us is that we teach employability skills in a way that is totally in-depth. There are many employability skills programs out there, and one could do an employability skill for 2 weeks, 1 week, or a month. Our own program is 3 long months of coming to class 4 days a week and that is because, we don’t just want to teach you, we want you to become it. When you learn about problem solving, project management in the office or running events at work, you are not just going to learn it in class, you are going to have that event, invite people and execute it. So for us, at the end of the day we ensure, you don’t just have the head knowledge, we ensure all the skills is part of you. In addition to that, we teach our students business etiquette and everything related so they have an edge.

There are many unemployed people out there that we just want to keep doing more. Since Poise Graduate Finishing Academy started, we have trained over 14,000 graduates and they have been through various levels of the training. Sometimes we do free seminars, but for those who have gone through the PSENSE training will have an 87% of employment rate. Now, these people are working in different industries, some of them are even managers because we started poise about 6 years ago. I went for a meeting some days back, and when I got into the organization I met the HR manager who finished from the training and others who finished as well. These people are finishing and are getting employed, and for us we just believe that it is because employers know what they are looking for, and when they see it, they recognize it and if they recognize it, they will acquire it. An employer can see what they are looking for in the skills of a person, but if they don’t recognize it, it is because the person doesn’t know how to showcase himself; they might pass him or her on. In fighting unemployment, we drive our students to be the best, we have some who finished and became entrepreneurs and have also employed people.
For PGFA, graduates are my primary target, we usually work with 0- 2 years’ experience, some in their final year in school, or those who have finished from the university but haven’t gone for the National Youth Service. We also have people that just started a job and they feel like they are not really doing their best in the job. So 0-2 years’ work experience are the typical set of people we work with and sometimes organizations invite us to train their entry level employees to take them to that level. The PSENSE employability skills first started as a 6-month long course because we actually did some engagement sessions with employers and students and we were looking for the size of the gap. That is the gap between what employers want and what the graduates are leaving school with. The 6 months was very long, so actually made the program more intensive and reduced it to 3 months. The PSENSE training has 3 stages, the Basic is the first, which we believe are the core skills if you want to work in an organization, and that is good ICT skills. A lot of graduates have ICT skills, but their best is to post on Facebook. And with the way the educational system is, so many students pay people to write their project, and many can’t even use Microsoft word. From the PSENSE training, we teach them basic ICT skills, work ethics, professionalism, how to act in the office, telephone etiquette, interview skills and CV writing. The next stage is the PSENSE Professional and this is a little bit deeper. Here we teach them how to start running projects like they are at work. They run a charity project, they do something called sell a product, where they come together to run a business. And they actually have to run the business and make profit. While they are writing proposals, memo, letters, we are checking all those things. They learn things like business writing, creative thinking, innovations and all. The 3rd stage is the PSENSE Executive. This stage is the finishing of your personality profession. All through the learning skills, we do over 32 different soft skills like projects, classroom section, and then real life activities. One key thing in PSENSE is that, the students don’t just feel like they are sitting down in class and absorbing information, we get them to act. We cover soft skills in such a way that we put our students into a lot of pressure, so that when they go out there to work they can offer more skills than their colleagues.
In having the best business, the key advice to an employee or CEO is to know who you are. You need to know why you are there. The key thing we teach at poise is interpreting your personality in the best way. The major reason for the finishing academy is not just to train a lot people but to change what employability means in Nigeria. We had to do a lot of work in designing the PSENSE exams, the certification programs and to get it endorsed by NUC. When we were working on it, we believed that if we have something this comprehensive and we take it to NUC, they will be able to push it to universities, but they endorsed it and gave us letters to all the Vice Chancellors for us to push it to the Universities. The reason why PGF Academy exists is to re-engineer the nation’s work force for the average graduate to be employable. It drives us in everything we do; it helps us to keep going out every day to find different ways to achieve that aim.
As an editor in chief of the magazine, “The Young Executive Diary”, it covers everything about starting up a good career from a fun perspective and it is mainly to educate young people. Travelling and interacting with diverse cultures has helped to enrich myself, the program and has made me to always remember that we are not training graduates to work in Nigeria only but in any part of the world. One of the key challenges that I have faced is doing something that is not very common. Being able to have that extra resilience to help people buy into an idea and understand it. Another thing would be patience. Finally, I had to come up with different ways to keep reviving my passion and interest by seeing that we give the best every time. In pertaining to my business, my leadership style is relaxing, but sometimes i change in an instant.

As a leader i have failed, and failing as a leader started in my early business and I was very tough. Then, if a person doesn’t get the job right, I would snap quickly that why won’t you get it right. I had a situation where I started something well and along the line i just got bored. So I decided to start something else without actually putting all the structures to ensure the first business is doing well while I am on the second one. For now, the current business structure we have is Poise as a group, Poise School of Communication, The Finishing Academy and the Poise Graduate Finishing Academy. In PGFA we set up NGO, because we give a lot of scholarships. The NGO aspect is the new thing that just came and it has been going very well.

Mr FAB with Ukinebo Dare on the show

Mr FAB with Ukinebo Dare on the show

One of our core values is Integrity. In Poise, the first thing you learn is self-awareness and the key to that is integrity. The second thing is Innovation, we don’t believe in doing things because that is how it is done, we want to do things that are still necessary and will make the most impact. Finally, is Impact. I don’t believe in doing anything that doesn’t have an impact on someone. My biggest let-down in my career was when PGF started, we reached out to sponsors and all of them said no. One after the other, they didn’t want to sponsor the employability program. And you turn on your Television set and you see them sponsoring concerts. Over time I realized that there are people out there who actually want to support such program.

I love to eat beans. My style is free. My favorite brand to wear is Gucci. I don’t have a favorite car. I look up to the group CEO of Poise Nigeria, Mrs. Mavis Isibor; The CEO of Chevron PFA, and Mrs. Obafunke Alade. My favorite travel destination is Dubai. My greatest book of all time is “Start Small, Finish Big.” I am reading a book called “ Who Switched Off my Brain” by Dr. Caroline Leaf. What makes me happy is obeying God.

BUSINESS

How To Manage Potential Shipping Risks

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How To Manage Potential Shipping Risks | Fab.ng

The world of international trade relies heavily on efficient and safe shipping. However, this process isn’t without its risks. From unpredictable weather to damaged cargo, unforeseen events can disrupt deliveries and cost businesses money. Here are some key tips to help you manage shipping risks and ensure your goods reach their destination smoothly:

Pre-shipment Planning

  • Choose the Right Partner: Selecting a reputable and reliable shipping company is crucial. Look for companies with experience in your specific cargo type and familiarity with your destination. Research their track record, safety standards, and insurance offerings.
  • Pack Securely: Proper packaging is essential to protect your cargo from damage during transport. Use high-quality packing materials that can withstand potential rough handling and varying weather conditions. Consider using dunnage (protective materials like packing peanuts or bubble wrap) to fill empty spaces and prevent items from shifting during transit.
  • Accurate Documentation: Ensure all documentation is complete and accurate. This includes commercial invoices, bills of lading (a legal document outlining the contract of carriage), packing lists, and any necessary certificates (e.g., fumigation certificates for certain goods). Errors in documentation can lead to delays or even the seizure of your shipment at customs.
  • Insurance: Shipping insurance provides financial protection against loss or damage to your cargo during transport. Consider the value of your goods and the potential shipping risks involved when choosing an insurance policy.

Risk Mitigation During Transit

  • Track Your Shipment: Most shipping companies offer real-time tracking tools. Monitor your shipment’s progress to identify any potential delays or issues early on.
  • Communicate Effectively: Maintain clear communication with your shipping partner, the consignee (the recipient of the goods), and any third-party logistics providers involved. Timely updates and clear communication can help address problems quickly and minimise disruptions.
  • Contingency Plans: Be prepared for unexpected events. Develop contingency plans to address potential issues like bad weather, port congestion, or political unrest that might delay your shipment. Consider alternative shipping routes or modes of transport if necessary.

Post-Shipment Considerations

  • Customs Clearance: The arrival of your goods at the destination port requires clearing customs. Familiarise yourself with the import regulations of the destination country to avoid delays. You may need to work with a customs broker to navigate the clearance process.
  • Cargo Inspection: Be prepared for the possibility of your cargo being inspected by customs officials at the destination port. Ensure all documentation is readily available to facilitate a smooth inspection process.
  • Damage Claims: If your cargo arrives damaged, promptly file a claim with your shipping insurance provider. Document the damage thoroughly with photos, and keep copies of all relevant documents for the insurance claim process.

Additional Tips

  • Diversify Your Routes: Don’t rely on a single shipping route. Consider diversifying your routes to minimise the impact of disruptions in specific regions.
  • Technology Integration: Utilise technology to streamline your shipping processes. Many shipping companies offer online booking, tracking, and document management tools.
  • Stay Informed: Keep yourself updated on current events and potential disruptions that could affect shipping, such as changes in import regulations, weather forecasts, or political instability in certain regions.

By following these tips and proactively managing risks, you can ensure a smoother and more secure shipping experience for your business. Remember, effective risk management is an ongoing process that requires continuous evaluation and adaptation based on changing circumstances.

Get more business tips here.

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BUSINESS

Women Leading Nigerian Banks Climbs An All Time High

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Women Leading Nigerian Banks Climbs An All Time High | Fab.ng

Adaora Umeoji will be taking on the leadership helm at Zenith Bank, a major Nigerian bank. She’ll officially start as the group’s managing director and CEO on June 1, 2024. This is exciting news, as Umeoji joins a growing group of powerful women leading Nigerian banks. There are already seven other female CEOs running major banks in the country.

Adaora Umeoji takes over from Ebenezer Onyeagwu, who’s been the CEO for the past five years. His term ends on May 31st. This isn’t the only recent change at the top of Nigerian banks with female leaders. Just a few months ago, Yetunde Oni became the new managing director of Union Bank of Nigeria. In February, Bolaji Agbede stepped up as the acting group CEO of Access Holdings after the passing of Herbert Wigwe.

A report by Agusto Consulting just revealed that women are making big strides on company boards. In 2022, the number of female board members reached an all-time high. This isn’t a one-time jump, either. Over the past five years, the number of women on boards has steadily increased. In 2018, only 18% of board seats were held by women. But by 2022, that number had risen to an impressive 25%.

While Nigeria is making progress, there’s still room to grow. Countries like South Africa (at 36%), the United Kingdom (at 41%), and the United States (at 35%) all have a higher percentage of women in board positions. This shows there’s an opportunity for Nigeria to continue its upward trend and reach an even greater gender balance.

Profiles of Women Leading MDs and CEOs of Some Other Major Nigerian Banks.

Nneka Onyeali-Ikpe, Fidelity Bank

Onyeali-Ikpe, one of the powerful women leading Nigerian banks, is the current managing director/CEO of Fidelity Bank. She holds degrees from the University of Nigeria and Kings College, London, and has attended executive training programs at several institutions. Onyeali-Ikpe was previously the executive director for Lagos and the South West region of the bank. She is also an honorary senior member of the Chartered Institute of Bankers of Nigeria.

Tomi Somefun, Unity Bank

Tomi Somefun is the current MD/CEO of Unity Bank. She graduated from Obafemi Awolowo University with a Bachelor of Education in English Language. She holds an honorary degree of Doctor of Business Administration from Redeemer’s University. Before she was appointed the managing director/CEO of Unity Bank in August 2015, she served as the executive director overseeing the Lagos and South-West Business directorates, the financial institution division, and the treasury department of the bank. She is a fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Bankers of Nigeria.

Miriam Olusanya, Guaranty Trust Bank Limited

Miriam Olusanya is the managing director of a bank in Nigeria. She holds a Bachelor of Pharmacy degree from the University of Ibadan, Nigeria, and a Master of Business Administration from the University of Liverpool, United Kingdom. Before becoming the bank’s MD, she served as the group treasurer and head of the wholesale banking division. She is also a non-executive director of the Nigerian Interbank Settlement System and the Shared Agent Network Expansion Facilities. Additionally, she is a member of the Financial Markets Sub-Committee of the Bankers’ Committee.

Ireti Samuel-Ogbu, Citi Bank

Ireti Samuel-Ogbu is the CEO and country officer for Nigeria and Ghana at Citi Bank. She holds a BA Hons degree in Accounting and Finance from Middlesex University, UK, and an MBA from the University of Bradford, UK. Before she was appointed CEO, she served as the managing director of Europe, Middle East, and Africa payments and receivables head, treasury, and trade solutions under Citi’s Institutional Clients Group, based in London, UK. Ireti Samuel-Ogbu also co-founded two impactful mentorship initiatives within Citi. These include the Sapphire Leadership Program for the Middle East and Africa, and the Momentum Program in the UK.

Yemisi Edun, FCMB

Yemisi Edun has a bachelor’s degree in chemistry from the University of Ife and a master’s degree in international accounting and finance from the University of Liverpool, UK. She is also a member of several professional organizations, including the Chartered Institute of Stockbrokers and the Institute of Taxation of Nigeria. Edun began her career with Akintola Williams Deloitte in 1987 and joined FCMB in 2000 as divisional head of internal audit and control. She was appointed managing director of the bank on May 1, 2021.

Bolaji Agbede, Access Holdings

Bolaji Agbede was the most senior founding executive director at the company before being appointed as acting group CEO. She had previously worked at Guaranty Trust Bank and JKG Limited before joining Access Bank in 2003 as an assistant general manager. She has been the head of human resources for the Access Bank Group since 2010. Agbede holds a Bachelor’s Degree in Mathematics and Statistics from the University of Lagos and a Master of Business Administration Degree from Cranfield University, UK.

Yetunde Oni, managing director/CEO of Union Bank of Nigeria

Banking powerhouse Yetunde Oni brings 25 years of experience to Union Bank. She excels at leading teams, and crafting client solutions, and she boasts a strong academic background (Economics degree, MBA, Oxford executive training).

Yetunde Oni began her career at Prime Merchant Bank’s Treasury & Money Markets Group. She then spent 11 years at Ecobank Nigeria as a Relationship Manager. In 2005, she joined Standard Chartered Bank Nigeria, rising to Managing Director & Country Head of Commercial Banking for West Africa. Before joining Union Bank, Yetunde Oni made history as the first female Managing Director and CEO at Standard Chartered Bank in Sierra Leone.

Bukola Smith, FSDH Merchant Bank

Bukola Smith has a bachelor’s degree in economics from the University of Lagos and an MBA from Manchester Business School. She has extensive experience in banking, including customer service, treasury, investment, project finance, audits, and sales. She has held various positions at Fidelity Bank and First City Monument Bank Limited, including divisional head of Treasury and institutional banking, group head of Treasury and Financial Institutions, divisional head of Investment Banking and Financial Markets, director of project and Structured Finance, and divisional head of Group Internal Audit.

Halima Buba, Suntrust Bank

Halima Buba, who is also one of the women leading Nigerian banks, is a seasoned banker with over 22 years of experience. She holds a B.Sc. in business management and an MBA from the University of Maiduguri. She is an honorary fellow of the Chartered Institute of Bankers and a fellow of the Institute of Management Consultants. Buba is the MD/CEO of Sun Trust Bank Ltd. and sits on the board of several reputable institutions.

Kafilat Araoye, Lotus Bank

Araoye has a degree in History and an M.Sc. in industrial relations & personnel management. She holds Islamic finance certifications. She started her career in 1988 at National Oil and Chemicals Marketing Company Plc and moved to Guaranty Trust Bank Plc in 1990 as the pioneer head of human resources.

This increase in female board members is a positive sign. It suggests that companies in Nigeria are recognizing the value of diversity in leadership. The future looks bright for women in Nigerian boardrooms! With continued progress, we can expect to see even more women shaping the direction of businesses in the future.

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BUSINESS

2024 Champion Awards: See The Businesses That Stood Out

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2024 Champion Awards: See Businesses That Stood Out | Fab.ng

Over 5,500 Australian small businesses threw their hats in the ring for the prestigious 2024 Small Business Champion Awards. But only a handful—fewer than 45—made it to the final round in the Business Services and Business Consultancy categories.

This year marks a quarter-century of celebrating Australia’s amazing small businesses. There are a whopping 2.5 million of them across the country, making huge contributions to our economy, communities, and culture. The Champion Awards recognize these incredible achievements.

The finalists truly represent the best of the best in the Business services and Business consulting fields. They’ve impressed the judges with their innovative ideas, exceptional customer service, and commitment to making a difference. Now, they’re in the running to be crowned champions.

Open to any small business in Australia, the Awards celebrate the best of the best across all kinds of industries, from shops and restaurants to factories and manufacturers. There are over 100 different categories to compete in, so there’s something for everyone. A panel of experienced small business owners who know what it takes to succeed will be judging the entries.

Steve Loe, who runs the Australian Small Business Champion Awards, says these businesses are vital and need all the support they can get, especially now. He’s impressed by how tough they’ve been, and he can’t wait to celebrate their success.

The winners of the 2024 Australian Small Business Champion Awards will be announced on April 12th and 13th in Sydney. Popular TV personality Jayne Azzopardi will be hosting the event, and famous singers like Dami Im, Harrison Craig, Johnny Manuel, and Stefanie Jones, the star of Australia’s recent Mary Poppins show, will be performing live.

Get the latest and greatest updates right away! Join our exclusive WhatsApp channel and never miss out on exciting news again.

Supported by big names like Commonwealth Bank, Nine Ad Manager, and NOVA Employment, these awards celebrate the incredible work of small businesses in many different industries.

Twenty-two businesses are finalists in the Business Services category. This includes A.S. Virtual Solutions, Actwell Lighting, and Premier Team Building. They’re all competing to be named the Champion of Business Services. In the Business consulting category, BDC Partners, Blue Sky Career Consulting, and Impact HR are battling it out to be the Champion business consultants.

The awards will pick one winner in each category.

For more information about the 2024 Champion Awards, including a full list of 2024 Finalists, visit here

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