Polaris Bank Reinforces Support for SMEs with New ‘Everyday Supermarket’ Branch in Yenagoa

Polaris Bank has reaffirmed its dedication to fostering small and medium-sized enterprise (SME) growth across Nigeria’s South-South region with the opening of a new ‘Everyday Supermarket’ branch in Yenagoa.

The grand opening, held yesterday at Bay Bridge Junction along the Kpansia-Epie Expressway, marks the supermarket’s debut in Bayelsa State and signifies a crucial step in the bank’s regional expansion and support for local businesses.

Speaking at the event, Mr. Raphael Abaziem, Directorate Head for Polaris Bank’s South-South region, described the launch as a reflection of growth, resilience, and strategic partnership.

“This isn’t just about opening a new store; it’s about our shared vision for economic growth, empowering local entrepreneurs, and improving access to quality goods and services for the people of Bayelsa,” Abaziem stated.

He highlighted that this expansion builds on previous successes, including Polaris Bank’s financing of the Everyday Group’s flagship shopping complex in Port Harcourt earlier this year.

“When we collaborate, we enable progress, create opportunities, and elevate retail development across Nigeria. Polaris Bank is proud to support this journey and to stand with ‘Everyday Supermarket’ as it expands its presence and impact. We are committed to strengthening our partnerships and fostering sustainable development in communities nationwide,” he added.

Mr. Yemi Osindero, Chairman of ‘Everyday Supermarket’, expressed enthusiasm about the brand’s expansion into Bayelsa, noting the group’s steady growth over the years.

“Everyday Group has been operating for 28 years, with 15 stores across the South-East and South-South regions, including Owerri, Asaba, and Abakaliki. We’re 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 shared.

The Yenagoa branch launch underscores Polaris Bank’s role as a catalyst for enterprise development and its ongoing commitment to empowering local businesses, fostering regional economic growth, and creating opportunities for communities.