Crypto derivatives coming to Luno Nigeria
In today's Techpoint Digest, we discuss crypto derivatives coming to Luno Nigeria, building systems beyond the degree, and MTN Nigeria returning to profit at ₦1.1 trillion.
Xin Chào,
Victoria from Techpoint here,
Here’s what I’ve got for you today:
Crypto derivatives coming to Luno Nigeria
Building systems beyond the degree
MTN Nigeria roars back to ₦1.1 trillion profit
Crypto derivatives coming to Luno Nigeria
Luno
African crypto users might soon get more ways to trade and invest without owning coins outright, and Luno Nigeria is leading the charge. The UK-founded crypto exchange says it plans to roll out perpetuals trading and potentially futures products in 2026, aiming to evolve from a simple buy-and-sell platform into an all-in-one investment app for Nigerians.
Perpetuals and futures are derivatives, financial contracts that let traders bet on where an asset’s price might go without actually owning it. They can bring bigger returns but also much higher risk than standard crypto trading. Luno’s boss, Ayotunde Alabi, told TechCabal the move is part of a broader strategy to deepen engagement with users by offering more advanced investment options.
This push comes as Nigeria’s crypto ecosystem gets more structured. Crypto is legal and regulated in Nigeria, with the Securities and Exchange Commission overseeing trading platforms and requiring proper licences to operate securely. Traditional crypto trading access has been patchy due to earlier internet restrictions, but regulated apps like Luno have remained key entry points for users in the country.
Luno isn’t just talking derivatives. It’s already diversified its product mix. In 2025, it added staking services that let users earn yield on certain assets and rolled out tokenised US stocks so Nigerians can invest in equities alongside crypto, all within the same app. Usage data from South Africa suggests early interest in these broader offerings.
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With local rivals like Busha rebranding into larger financial platforms and Roqqu already offering futures, the competition is heating up. If Luno delivers on its 2026 roadm...