By Suleiman Abubakar Rimi Uku Lafia
Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings, reaffirmed its commitment to real estate development by sponsoring the 16th Honours Nite organized by the Lagos State Branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV). The prestigious event, themed "Inspiring Excellence, Shaping the Future," was held at the Lagos Continental Hotel.
The Honours Nite celebrated outstanding contributions and innovations within Nigeria’s real estate sector, bringing together industry experts, public officials, and private sector players. Stanbic IBTC Capital showcased its dedication to driving progress by presenting the Stanbic IBTC Residential Development of the Period Award, recognizing transformative residential projects that exemplify quality and market impact.
Award Winners:
Gold Award: The Hampshire by UPDC Plc – recognized for excellence in design, execution, and strategic positioning.
Silver Award: Greenwich Gardens (Ketu) by Biufort Homes Limited – lauded for innovation and community impact.
In his welcome remarks, Gbenga Ismail, Chairman of NIESV Lagos Branch, highlighted the institution’s mission to promote professional excellence and ethical practice.
"Honours Nite is our way of celebrating trailblazers in our field while setting benchmarks for the future of estate surveying and valuation in Nigeria," he said.
Speaking on behalf of Stanbic IBTC Capital, Oladele Sotubo, Chief Executive, stressed the bank's commitment to sustainable growth:
"We support initiatives like this because we believe real estate excellence is fundamental to national development and improved living standards."
Tola Akinhanmi, Head of Real Estate Finance for West Africa at Stanbic IBTC Capital, added: "We are proud to support projects and professionals delivering high-quality housing and bridging Nigeria’s housing deficit through innovative solutions."
This partnership between Stanbic IBTC Capital and NIESV underpins efforts to strengthen the residential real estate segment—especially in underutilized markets, while also promoting ethical standards and long-term sustainability.
Through its comprehensive product offerings including construction finance, insurance, and mortgage solutions, Stanbic IBTC continues to support the growth of Nigeria’s housing ecosystem.
