Connect with us

News

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

info

Published

on

1783597725 admin ajax.png

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.

Stay ahead with real-time reports, breaking news, and exclusive insights delivered directly to your phone. Don’t settle for outdated information. Join TECHNOLOGYTIMES NEWS on WhatsApp for 24/7 updates.

Join Our Whatsapp Channel

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Nwabali Appears Good Enough To Start For Super Eagles Against Russia On Tuesday

info

Published

on

IMG 20261004 WA0006.jpg

Back-to-form Chippa United of South Africa goalkeeper, Stanley Nwabali appears good enough to start for Nigeria against Russia in Tuesday’s international friendly match between both nations.

Sports247 gathered that, although many Nigerian football fans slammed Nwabali for letting in three goals during last Tuesday’s 2027 Africa Cup of Nations qualifier defeat away to Guinea-Bissau, Eagles’ coach, Eric Chelle is keeping faith with him.

A strong hint in this direction emerged from reports citing Nwabali in training with the Eagles on arrival in Moscow ahead of Tuesday’s game, which comes exactly a week after the Nigerian team’s ignominious 3-0 loss to Guinea-Bissau, who now top their qualifying group with six points.

The friendly with Russia was initially meant to help Chelle test new players ahead of the resumption of AFCON 2027 qualifiers in November, but the report from the team’s camp in Moscow indicates that the Franco-Malian tactician will now count on some of his established regulars for Tuesday’s game.

Information provided by the communications department of Nigeria Football Federation (NFF) revealed that Nwabali was one of prominent Eagles’ players who were involved in the team’s first training session ahead of Tuesday’s game.

The report disclosed, “The Super Eagles have had their first training session in Nizhny Novgorod, as they prepare for Tuesday’s international friendly match against Russia’s senior men national team.

“The group of 17 players that trained on Saturday included 101-cap Moses Simon, goalkeeper Stanley Nwabali, defenders Benjamin Fredricks and Emmanuel Fernandez, as well as forwards Kelechi Iheanacho and Akor Adams.

“The team will have two more training sessions on Sunday and Monday before the encounter (which is scheduled to take place) at the Nizhny Novgorod Stadium on Tuesday evening.

“On 6 June last year, Russia and Nigeria played to a 1-1 draw at Moscow’s Luzhniki Stadium, with the Russians going in front through an own goal by defender Semi Ajayi, before Tolu Arokodare levelled for the Super Eagles.”

Sports247 gathered further that, while Nwabali appears set to start the game on Tuesday, he will likely bow at half time and give way to Charlton Athletic of England’s new signing, Arthur Okonkwo, who is the preferred first choice of many Nigerian football fans.

Continue Reading

News

2027: Don’t weaponize religion, ethnicity, regional sentiments – CAN charges politicians 

info

Published

on

CAN.jpg

Ahead of the 2027 general elections, the Christian Association of Nigeria, CAN, has called on political actors to place Nigeria above their personal interest.

CAN made the call when its President, Archbishop Daniel Okoh addressed the press as part of the activities to mark its 50th anniversary.

“We expect political campaigns to be issue-based and focused on competing ideas about how to improve the lives of Nigerians.

Political parties and candidates must resist the temptation to weaponize religion, ethnicity and regional sentiments,” Archbishop Okoh said.

Recommended

The apex Christian body noted that Nigerians have witnessed enough bloodshed and division during election periods, adding, “We do not want another generation of Nigerian youths sacrificed on the altar of political ambition.”

CAN called on political leaders to take responsibility for the conduct of their supporters and discourage incitement, hate speech, violence and intimidation.

“Every Nigerian must be free to vote according to his or her conscience, without coercion, intimidation or manipulation,” Okoh added.

CAN said it will continue to support credible democratic processes, civic education, peaceful elections and electoral integrity.

“Our message to politicians is clear: Elections should be a contest of ideas, not a contest of violence; a competition for public service, not a licence for personal destruction,” he stated.

Speaking further, CAN said it is deeply concerned about the economic hardship confronting ordinary Nigerians.

“The rising cost of living has placed enormous pressure on families. Young people are struggling to find meaningful employment. Small businesses are struggling to survive. Parents are finding it increasingly difficult to provide food, healthcare, education and housing for their families,” CAN noted.

“The Church sees these realities every day.

People come into our churches not only with spiritual needs but with hunger, unemployment, medical bills, school fees, housing challenges and uncertainty about the future.

“We, therefore, encourage government to continue pursuing policies that stimulate productive economic activity, create meaningful employment, support small and medium-sized enterprises and protect the most vulnerable members of society.

“Every economic policy must ultimately be judged by its impact on the people. Economic reform cannot become an abstract exercise divorced from the realities of ordinary families. 

“We must also learn as a nation to raise and place in public office leaders who understand that public office is a trust and not an opportunity for personal enrichment,” Okoh said.

Continue Reading

Trending