Luno has launched crypto staking in Nigeria, allowing users to earn up to 18% annually by holding select cryptocurrencies without trading.

• Users can stake any amount and withdraw anytime, with no long-term commitments.
• Ayotunde Alabi, CEO of Luno Nigeria, stated, “Nigerians are looking beyond short-term trading,” emphasizing the importance of sustainable value.
• This feature is significant as it provides a regulated, local alternative for passive income, addressing the needs of Nigerian users previously relying on unclear offshore platforms.