Polaris bank
Polaris Bank Reaffirms Commitment to SME Growth with Launch of ‘Everyday Supermarket’ Yenagoa Branch
Picnews
Bayelsa, Nigeria, October 24: Polaris Bank has once again demonstrated its dedication to fostering small and medium-scale enterprise (SME) growth and driving economic development in Nigeria’s South-South region with the official commissioning of the new Everyday Supermarket branch in Yenagoa.
The grand opening, held at Bay Bridge Junction on the Kpansia-Epie Expressway in Bayelsa State, signaled the retail chain’s entry into the Bayelsa market—marking a key step in the expansion of modern retail businesses within the region.
Speaking at the event, Mr. Raphael Abaziem, Directorate Head of Polaris Bank, South-South, described the launch as a reflection of resilience, growth, and effective collaboration between the bank and the business community.
“This milestone is more than just the opening of a new store; it embodies our shared vision of economic progress, enterprise development, and enhanced access to quality goods and services for the people of Bayelsa,” Abaziem said.
He also highlighted that the Yenagoa outlet builds upon previous successes, notably Polaris Bank’s financing of the Everyday Group’s flagship shopping complex in Port Harcourt earlier in February 2025.
“At Polaris Bank, we believe that partnerships fuel progress. Supporting Everyday Supermarket in its expansion journey reflects our commitment to empowering local businesses, creating jobs, and fostering sustainable development across Nigeria,” he added.
In his address, Mr. Yemi Osindero, Chairman of Everyday Supermarket, expressed enthusiasm about the company’s entry into Bayelsa, emphasizing the group’s consistent growth trajectory over the years.
“Everyday Group has been in operation for 28 years and now boasts 15 stores across the South-East and South-South, including locations in Owerri, Asaba, and Abakaliki. We are delighted to finally bring our services to Yenagoa and look forward to establishing more outlets in Bayelsa. Expansion plans are already in motion for Aba, Benin, Uyo, Enugu, and Abuja,” Osindero noted.
The launch of the Yenagoa store further cements Polaris Bank’s position as a strong supporter of enterprise development and a catalyst for regional economic growth, reaffirming its mission to empower businesses that contribute to community advancement and sustainable prosperity.
