Fri. May 1st, 2026
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Luno Nigeria plans to introduce perpetuals trading and may roll out futures products in 2026 as part of a broader strategy to position itself as an all in one investment platform. Country Manager and Chief Executive Officer Ayotunde Alabi disclosed the plans in an interview, stating that the company aims to integrate a wider range of financial products into a single app for Nigerian users.

Perpetuals and futures are derivatives that allow traders to speculate on the future price of assets without owning them directly. In cryptocurrency markets, such instruments enable users to take positions on price movements of assets like Bitcoin and Ethereum, offering the potential for higher returns but also exposing traders to increased risk. By adding derivatives to its portfolio, Luno is expanding beyond its traditional buy and sell crypto services.

The product expansion comes amid rising competition in Nigeria’s digital asset market. Local exchanges including Busha and Roqqu have broadened their offerings, with Roqqu launching futures trading in December 2025 and Busha rebranding into a wider financial services platform. Luno is betting that combining crypto, tokenised equities and derivatives within one application will help it stand out in a crowded and volatile market.

In 2025, the company launched staking services in Nigeria, allowing users to earn yields on selected digital assets. It also introduced tokenised United States stocks first in South Africa and later in Nigeria, enabling customers to invest in equities alongside cryptocurrencies. According to Alabi, the tokenised stock product attracted 10,000 users in South Africa within its first month, while Nigerian investors accounted for about 15 percent of the combined 30,000 users recorded by year end.

Alabi said Luno intends to consolidate its recently launched services in 2026 while introducing about three additional products in the first quarter. He added that the company maintains a conservative listing policy, focusing on digital assets it considers to have strong utility and liquidity, as it seeks to balance growth ambitions with risk management in Nigeria’s evolving crypto sector.

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