Polaris Bank Deepens Support For SMEs, Partners Everyday Supermarket On Bayelsa Expansion
By Rashidat Olushola Okunlade, Editor-in-Chief, Business Echo Magazine | Published by ROTA Media Concepts for ROTAMediaNews
Polaris Bank has reaffirmed its unwavering commitment to the growth of small and medium-sized enterprises (SMEs) in Nigeria with the official commissioning of the new Everyday Supermarket branch in Yenagoa, Bayelsa State.
The new outlet, located at Bay Bridge Junction along the Kpansia–Epie Expressway, marks the retail chain’s debut in Bayelsa and signals a new phase of economic vibrancy in the South-South region.
Speaking during the inauguration, Mr. Raphael Abaziem, Directorate Head, Polaris Bank, South-South, described the milestone as “a testament to growth, resilience, and the power of strategic partnership.”
“This represents more than just the opening of a new outlet—it embodies a shared vision of economic expansion, local enterprise development, and enhanced access to quality goods and services for the people of Bayelsa State,” Abaziem said.
He noted that the project builds on Polaris Bank’s earlier collaboration with the Everyday Group, including financing for the retailer’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 will continue to support businesses that create opportunities, empower communities, and drive sustainable development,” he added.
In his remarks, Mr. Yemi Osindero, Chairman of Everyday Supermarket, expressed optimism about the expansion and lauded Polaris Bank for its consistent partnership and confidence in the brand.
“Everyday Group is 28 years old, with 15 stores across the South-East and South-South regions, including Owerri, Asaba, and Abakaliki. We are delighted to open our first store in Yenagoa and look forward to extending our presence further into Aba, Benin, Uyo, Enugu, and Abuja,” Osindero said.
The launch of the Yenagoa branch underscores Polaris Bank’s strategic role in empowering Nigeria’s retail and SME sectors through financial support, partnership, and innovation. The move also reinforces the Bank’s broader mission to drive inclusive economic growth and community development nationwide.
