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Watch | Karl Toriola: MTN Nigeria is doubling down on fintech, fibre broadband – Technology Times

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MTN Nigeria is positioning fintech and fibre broadband as two of its most important growth pillars.

At MTN Capital Markets Day 2026, CEO Karl Toriola outlined how the telecoms company plans to deepen financial inclusion through digital financial services while accelerating fibre-to-the-home (FTTH) deployment to meet rising demand for high-speed broadband.

The strategy reflects the changing dynamics of Nigeria’s telecommunications market, where operators are increasingly competing on digital ecosystems, home connectivity, enterprise services and fintech innovation.

“Over the past several years, we have consistently maintained between 50% and 52% market share, and we have defended that position robustly,” he explains. “We also continue to hold the majority of Nigeria’s 4G market, maintaining between 56% and 58% market share.”

In this presentation from MTN Capital Markets Day 2026, he discusses:

  • MTN Nigeria’s fintech growth strategy
  • Expansion of fibre-to-the-home (FTTH)
  • Mobile money and digital payments
  • Financial inclusion initiatives
  • Broadband infrastructure investment
  • Competition in Nigeria’s telecoms market
  • The future of digital services

 

FAQ: MTN Nigeria telecoms expansion plans

Q: What are MTN Nigeria’s key growth priorities?
A: MTN Nigeria is prioritising fintech, fibre-to-the-home broadband, digital services and financial inclusion to drive long-term growth.

Q: Why is MTN Nigeria investing in fibre-to-the-home?
A: The company is expanding FTTH to meet growing demand for reliable high-speed internet from homes, remote workers, SMEs and digital businesses.

Q: How does fintech fit into MTN Nigeria’s strategy?
A: MTN Nigeria sees fintech as a major growth engine, expanding mobile money, digital payments and financial services to deepen customer engagement and diversify revenue.

Q: What challenges did MTN Nigeria identify?
A: Karl Toriola highlighted intense competition, evolving customer expectations and the need for continued investment in digital infrastructure, broadband and fintech capabilities.

Q: What was announced at MTN Capital Markets Day 2026?
A: MTN Nigeria outlined its strategy to accelerate fintech growth, expand fibre broadband, strengthen digital services and reinforce its leadership in Nigeria’s telecommunications market.

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ADC demands investigation into attack on member’s family home in Rivers

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The African Democratic Congress, ADC, in Rivers State has called for justice and a thorough investigation into the attack and burning of the family home of one of its members in Ikwerre Local Government Area, Isaiah Thomas.

The party made the demand after visiting the family residence of Thomas at Omuoko, Aluu, on Wednesday, following the early-morning attack.

The incident occurred barely 24 hours after campaigns officially began for the presidential and National Assembly elections.

The attackers, who are yet to be identified, allegedly arrived at the family compound in large numbers, armed with guns, and set some buildings on fire.

Thomas’ mother, Uchechi Thomas, alleged that household property was also destroyed during the attack.

She said the attackers appeared to be searching for her son, who had hosted a meeting of ADC members at the family compound on Tuesday.

Speaking during the visit to the scene, the ADC governorship candidate in Rivers State, Gabriel Pidomson, condemned the attack, describing it as unacceptable and contrary to the principles of democratic participation.

He urged politicians and their supporters to embrace tolerance and conduct their activities within the law.

The ADC governorship candidate called on security agencies to “carry out a thorough and impartial investigation, identify those responsible and ensure that anyone found culpable is brought to justice.”

Pidomson also appealed for calm among residents and ADC supporters, saying political differences should be resolved “through dialogue and lawful means, rather than actions that could endanger lives and property.”

Similarly, the ADC State Chairman, Chukwudi Dimkpa, appealed to the Rivers State Commissioner of Police to ensure a comprehensive investigation and justice for those affected.

The ADC leadership reaffirmed its commitment to peaceful political participation, democratic values and the rule of law, while urging political stakeholders to work towards maintaining peace and security across Rivers State.

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Osun: APC candidate Oyebamiji meets Tinubu for first time after election loss

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The candidate of the All Progressives Congress, APC, in the just concluded Osun State governorship election, Bola Oyebamiji, on Friday met with President Bola Tinubu at the Presidential Villa in Abuja.

This was barely 24 hours after incumbent Governor, Ademola Adeleke of Accord Party, who won the election, paid the President a visit and presented his Certificate of Return to him.

Speaking to newsmen after the meeting, Oyebamiji called for peace among political actors in Osun State, stating that the party is still reviewing the outcome of the election.

He said Tinubu advised him to approach the situation with a peaceful mindset.

According to him, Nigerians must understand that government is about the people, and for that reason, peace must be prioritised

“I met with the President, and what he said was that the most important thing is to run every election with a peaceful mind.

“It is important for us Nigerians to know that government is about the people, and because of that, it is important that we should be peaceful. I want to appeal to our people in Osun that they need to be peaceful,” Oyebamiji said.

He further stated that the party is still examining the books regarding the election, and will make its position known to the public in due course.

The APC candidate equally charged Governor Adeleke to call his supporters to order and prevent violence.

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