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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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Decomposing body of unidentified man found in Plateau

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The decomposing body of an unidentified man has been discovered by troops of Operation Ensuring Peace, OPEP, in an abandoned building behind a primary school in Jwakom Village, Mangu Local Government Area of Plateau State.

Security analyst, Zagazola Makama, in a post on X quoted sources saying that the discovery was reported at about 1:40 pm on Sunday, October 25, 2026, prompting troops of Sector 8 OPEP to respond to the scene.

Makama explained that the troops confirmed the presence of a decomposing male corpse. Efforts to establish the identity of the deceased were unsuccessful.

He added, "The corpse was subsequently recovered and handed over to the youth leader of Jwakom for necessary action."

Makama stated that investigations are ongoing to establish the identity of the deceased and determine the circumstances surrounding his death, while authorities are expected to take further action as more details emerge from the investigation.

Decomposing body of unidentified man found in Plateau

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CBD COP17: Namibian Biosafety Expert Martha Kandawa-Schulz dies in Yerevan

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Martha Kandawa-Schulz, Namibia’s Cartagena Protocol National Focal Point, died in Yerevan, Armenia, while participating in the ongoing United Nations Biodiversity Conference (CBD COP17).

Ms Kandawa-Schulz, a professor, died on 23 October, according to a statement the Convention on Biological Diversity (CBD) Secretariat issued Sunday evening.

She was serving as Co-Chair of the Contact Group on Risk Assessment and Risk Management of Living Modified Organisms at the conference.

In a message to delegates, the Secretariat described her as a highly respected colleague whose dedication, expertise, and leadership contributed significantly to the Convention and its Protocols, as well as to the global biosafety community.

It said her commitment and collegiality had earned her the respect and appreciation of colleagues who had the privilege of working with her.

The Secretariat extended its condolences to her family, friends, colleagues, and the Government and people of Namibia.

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It also expressed sympathy to the African Group and others mourning her death.

“The Presidency and the Secretariat are working closely together to support her family and the Namibian delegation on site, and to facilitate the necessary arrangements,” the statement said.

The Secretariat also announced that a book of condolences would be available to delegates from 13:00 on Monday at Entrance 2, near the Asia-Pacific Room, for those wishing to pay their respects.

It urged delegates to honour Ms Kandawa-Schulz’s memory and recognise her contributions to the shared objectives of the Convention.

ALSO READ: CBD COP17: Nigeria, six others each win $50,000 grant for biodiversity projects

The circumstances surrounding her death were not stated, although reports indicate that she collapsed during her engagement in the working group meeting on Friday.

CBD COP17 is taking place in Yerevan, Armenia, bringing together governments and other stakeholders to deliberate on global biodiversity conservation and the implementation of the Convention and its associated protocols.

Government representatives, delegates, scientists, civil society representatives and researchers, among others, from nearly 196 countries are participating in the conference.


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