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
spot_img
spot_img

Hot this week

EFCC Loses Bid to Prosecute Chappal Energies MD over Shareholding Dispute

Justice Josephine Obanor of an FCT, Abuja, high court...

Nigeria Records 43,000 Snakebites, 2,500 Deaths Annually

Experts have urged residents to avoid handling snakes and...

Tangerine General Insurance, emPLE Nigeria Join IMT 5.0 as Sponsors

Insurance Meets Tech (IMT), West Africa's leading platform for...

LAWMA Hosts Students on Educational Visit to Mark World Science Day 2026

The Lagos Waste Management Authority (LAWMA), through its Academy,...

Leadway Assurance Returns as Official Insurer of Lagos International Trade Fair for the Second Consecutive Year

Leadway Assurance, Nigeria’s leading insurance services provider and a...

Topics

Sovereign Trust Insurance: N16.3bn Total Assets, N13bn Premium, N974m Profit in 2021

Sovereign Trust Insurance Plc has announced Thursday, August 18,...

Nestle Nigeria Plc: Strong Revenue, Recovery of Gross Margin in Q2-18

According to Cordros Capital, NESTLE reported 56.9% y/y EPS...

BudgIT Tasks Buhari on N13tr Fuel Subsidy Corruption in 13 Years

To the detriment of socio-economic developments, Nigeria has spent...

Islamic Corp Partner China-Africa Fund to Boost Investment in Africa

At the side lines of the landmark China-OIC Forum...

Missing N17tn, $6.23m: SERAP Sues CBN, Alleges Lack of Transparency, Accountability

The Socio-Economic Rights and Accountability Project (SERAP) has filed...

Ardova Commends Stanbic IBTC’s Support for LPG Storage Project

AP LPG terminal, a fully owned subsidiary of Ardova...

AMCON Sells 34% Stake in Unity Bank to Providus Bank Ahead of Merger

The Asset Management Corporation of Nigeria (AMCON) has sold...

Orange, Google Partner on Mobile Internet Services in Africa, Middle East

Orange announces a new partnership with Google™ to bring...
spot_img

Related Articles

Popular Categories

spot_imgspot_img