Monday, February 9, 2026
31.4 C
Lagos

Polaris Bank Restates Support for SMEs Growth in Nigeria with Launch of ‘EveryDay Supermarket’ Yenegoa Branch

Polaris Bank has reaffirmed its commitment to supporting small and medium-scale enterprises (SMEs) and driving economic growth in Nigeria’s South-South region with the commissioning of the new ‘Everyday Supermarket’ Yenagoa Store.

The grand opening, which took place yesterday at Bay Bridge Junction on the Kpansia-Epie Expressway, Bayelsa State, marks the retail chain’s entry into the Bayelsa market and a significant milestone in the region’s business expansion efforts.

Speaking at the event, Mr. Raphael Abaziem, Directorate Head, Polaris Bank, South-South, described the launch as a testament to growth, resilience, and the power of strategic partnership.

“This milestone represents more than the opening of a new outlet. It speaks to our shared vision of economic expansion, local enterprise development, and improved access to quality goods and services for the people of Bayelsa State,” Abaziem stated.

He further noted that the new outlet builds on earlier successes, including Polaris Bank’s financing of the Everyday Group’s flagship shopping complex in Port Harcourt in February, 2025.

“When we partner, we empower, expand, and raise the bar for retail development across Nigeria. Polaris Bank is proud to have supported this journey and to stand with ‘Everyday Supermarket’ as it extends its footprint and impact. We look forward to deepening our collaboration and continuing to support businesses that are creating opportunities, empowering communities, and driving sustainable development across the country,” he added.

In his remarks, Mr. Yemi Osindero, Chairman of ‘Everyday Supermarket’, expressed delight at the brand’s expansion into Bayelsa, noting that the group continues to grow from strength to strength.

“Everyday Group is 28 years old, with 15 stores across the South-East and South-South, including Owerri, Asaba, and Abakaliki. We are excited to be in Yenagoa for the first time and look forward to opening more stores in Bayelsa. Plans are also underway to expand into Aba, Benin, Uyo, Enugu, and Abuja,” Osindero said.

The launch of the Yenagoa branch underscores Polaris Bank’s role as a key enabler of enterprise development and its commitment to supporting businesses that drive local economic empowerment and regional growth.

 

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Insurance Triumphs at 2025 Risk Analyst Awards, Showcase Institutional Excellence

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings,...

NCDMB Webinar Unlocks AfCFTA Market Access for Energy Sector

The Nigerian Content Development and Monitoring Board has outlined...

Moniepoint Targets Downstream Sector with Innovative Financial Solutions

In a move to strengthen Nigeria's downstream oil and...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

Topics

Delphine Maïdou is Insurance CEO of the Year

Delphine Traoré Maïdou, regional COO for Allianz in Africa,...

Experts to Brainstorm on Creating Robust Benefits for Retirees

How to create robust pension benefits for retirees would...

NAICOM: ‘No Insurance Firm Forced to Donate to Fight Against COVID-19’

The National Insurance Commission (NAICOM) has refuted an online...

Standard Bank Selects Flutterwave to Drive Digital Transformation in Africa

Standard Bank, Africa’s largest bank by assets, has partnered...

$1.5trn Niger Delta Blue Economy Excites UN, Expert Raises Environmental Concern

L-R: Mr Hilary Efanga, Researcher/Senior Lecturer, Maritime Academy of...

NCDMB to Train over 10,000 Nigerians in High-Demand Oil Skills

Spurred by the resurgence of big-ticket investments and new...

NLNG’s Energy-Efficient Chartered Vessel, AKTORAS, Arrives Bonny Terminal for Maiden Loading

(2nd Left) Abdulkadir Ahmed, NLNG Shipping and Marine Servies Limited...

Fidelity Bank Rating Downgraded by Moody’s over Liquidity Squeeze

The credit rating of Fidelity Bank Plc has been...
spot_img

Related Articles

Popular Categories

spot_imgspot_img