Polaris Bank reaffirms support for SMEs growth with launch of ‘Everyday Supermarket’ Yenagoa branch

Polaris Bank has restated its unwavering commitment to empowering Small and Medium Enterprises (SMEs) and fostering economic growth in Nigeria’s South-South region with the commissioning of the new ‘Everyday Supermarket’ Yenagoa branch.

A statement from the bank today said the grand opening, held at Bay Bridge Junction on the Kpansia-Epie Expressway, marks the retail chain’s debut in Bayelsa State — a major step in its regional expansion strategy and in driving local business development.

Speaking at the event, Mr. Raphael Abaziem, Directorate Head, Polaris Bank, South-South, described the launch as a reflection of growth, resilience, and strategic partnership between the bank and the retail brand.

“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 said.

He highlighted that the Yenagoa outlet builds on Polaris Bank’s earlier support for the Everyday Group’s flagship shopping complex in Port Harcourt, commissioned 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 across the country,” Abaziem added.

In his remarks, Mr. Yemi Osindero, Chairman of Everyday Supermarket, expressed excitement about the brand’s expansion into Bayelsa, emphasizing its consistent growth trajectory.

“Everyday Group is 28 years old, with 15 stores across the South-East and South-South, including Owerri, Asaba, and Abakaliki. We are thrilled to open in Yenagoa for the first time and look forward to launching 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 reinforces Polaris Bank’s position as a leading financial partner to Nigerian SMEs and underscores its commitment to enterprise development, job creation, and regional economic empowerment.