Polaris Bank, a leading digital retail bank in Nigeria, has joined forces with Eventful Limited to present the season end edition of The Fashion Souk 9.0. This vibrant event is scheduled to take place at Harbour Point, Victoria Island, Lagos, on Saturday, December 2nd, and Sunday, December 3rd.
The Fashion Souk stands as Nigeria’s foremost marketplace, offering a platform for smart Small and Medium-sized Enterprises (SMEs) within the fashion industry to showcase and market their diverse products and services to a broad audience.
Focusing on four key industries – manufacturers, leather, retailers, and jewelry & accessories – The Fashion Souk brings together over 140 established SMEs from Nigeria’s fashion, leather, jewelry, and accessories sectors. This unique gathering enables participants, including manufacturers, retailers, and dealers, to exhibit their creativity, product lines, and distinctive offerings to an appreciative audience.
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The event promises an immersive experience for attendees and shoppers, featuring a wide array of unique products, captivating fashion shows, and networking opportunities with industry experts. The Fashion Souk 9.0 aims to highlight the rich diversity, talent, and innovation within Nigeria’s vibrant fashion industry.
Polaris Bank, in its commitment to supporting SMEs and vital sectors of the Nigerian economy, has partnered with businesses in critical fields such as health, education, manufacturing, agriculture, and export. The Bank has provided essential credits to these sectors, facilitating the acquisition of medical equipment, machines, school infrastructure, working capital for businesses, and more.
Quoting a BusinessDay article from November 2022, the Sub-Saharan fashion market is valued at $31 billion, with Nigeria contributing 15 percent to the total regional market. Additionally, Statista reports the global fashion industry’s value in 2022 at $1.53 trillion, with revenue expected to surpass $1.7 trillion in 2023.
Recognized for its digital innovation, Polaris Bank has been awarded Nigeria’s Digital Bank of the Year for three consecutive years (2021, 2022, 2023) at the Business Day’s Banks and Other Financial Institutions (BAFI) Awards. Additionally, it was honored as Nigeria’s Best MSME Bank of the Year, underscoring its dedication to leveraging technology for bottom-up support to the MSME sector.
Polaris Bank remains committed to fostering a customer-focused future through innovative partnerships that drive positive transformations in both businesses and communities.
