“Cafe One is a creative space for young professionals in Lagos to work and relax with wifi, sandwiches, coffee, parfaits, etc.”
By Chukwudi Iwuchukwu
Sterling Bank recently diversified into the lounge business.
The name of the lounge owned by the bank is Cafe One.
Cafe One is a creative space for young professionals in Lagos to work and relax with wifi, sandwiches, coffee, parfaits, etc.
Sterling Bank customers get price discounts for their orders, and staff are stationed there to open accounts for new customers.
The lounge business is primarily to target new customers aside from the decent income the bank makes from it.
The bank has three locations of Cafe, in Lagos, with an ambitious plan to expand to more cities in Nigeria.
This Cafe One by Sterling Bank is a beautiful business model.
Ingenious!