Heat olive oil in a large skillet over medium-high heat.
Add the ground turkey to the skillet and cook until browned, breaking it into small crumbles with a spatula for approximately 5 to 7 minutes.
Remove the turkey from the skillet and set aside on a plate, leaving any rendered fat in the pan.
Add the diced onions and sliced bell peppers to the same skillet and sauté for 5 minutes until the vegetables begin to soften.
Stir in the minced garlic, dried oregano, smoked paprika, salt, and black pepper, then cook for 1 minute until fragrant.
Return the browned turkey to the skillet and add the chicken broth.
Toss all ingredients together and cook for an additional 2 to 3 minutes until heated through and peppers reach desired tenderness.
Serve immediately.