Luno has Launched Tokenised Global Stock Service in Nigeria

Luno has launched tokenised global stock service in Nigeria, and this is big news for everyday Nigerians who want to invest in big international companies. Before now, investing in global stocks like Apple, Tesla, Nvidia, or Microsoft was tough for most Nigerians, because they needed foreign bank accounts, had to deal with expensive currency exchanges, and had to wait for the US stock market to open. But now with Luno tokenised global stock service, Nigerians can buy shares directly in their local currency, Naira, easily and quickly.

This new service from Luno follows a successful launch in South Africa earlier in the year. It made Luno the first Africa-founded exchange to offer such a service, breaking down old barriers that stopped many Nigerians from entering the global market. Instead of needing large amounts of money to buy whole shares, Luno lets people buy fractions of shares starting from as little as ₦100. This means even people with small budgets can start investing in world-leading companies.

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Luno’s tokenised global stock service works by linking each token to real shares held safely with trusted international partners like Kraken’s xStocks and Backed Finance. This gives Nigerian investors confidence because their tokens represent actual ownership in those companies, fully backed and compliant with global rules. Also, trading on Luno is open 24 hours a day, five days a week, with plans to expand to full 24/7 trading including weekends. This flexibility is different from traditional markets, which usually only operate during set hours. The whole process is smooth and happens instantly — once a trade is made, the funds and shares appear in the user’s account without delay.

Ayotunde Alabi, the CEO of Luno Nigeria, explained why this service matters so much. He said, “Global markets have always been an exclusive club, but technology now allows us to break down those walls. With tokenised stocks, we’re giving millions of Nigerians a genuine chance to invest in the same world-leading companies, from Apple and Tesla to Nvidia and Microsoft, on equal footing with investors anywhere, in a way that’s simple, transparent, and built for the realities of our market.” His words show how this service is designed to fit the Nigerian market and make global investing fairer and easier for everyone.

Nigeria has a high rate of financial inclusion at 74%, but very few adults—less than 5%—actively invest in capital markets. That’s because of many challenges like complicated account setups, high minimum investments, scarce foreign currency, and strict regulations. Luno tokenised global stock service cuts through all these problems by letting Nigerians invest securely in global shares using just their Naira, with no complicated steps.

This launch also means a lot for Nigeria’s economy and for ordinary people trying to build wealth. Now, people can diversify their investments beyond what’s available locally, protecting their money from inflation and currency drops by owning shares in strong global companies. It opens doors to wealth-building for many who couldn’t participate before, making global investing practical and accessible.

All of this happens in Luno’s easy-to-use app, where users can manage both cryptocurrencies and stocks in one place. This familiar platform that helped millions of Africans start investing in crypto is now offering a new way to grow wealth through tokenised stocks. The launch in Nigeria follows its quick success in South Africa, showing there is strong demand across Africa for better investment options.

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Luno has launched tokenised global stock service in Nigeria, making it possible for everyday Nigerians to buy shares in over 60 top global companies directly with Naira. This service is fully backed by real shares, offers fractional ownership, instant settlement, and nearly round-the-clock trading through the Luno app. It’s a huge step forward in opening up global markets to Nigerians and creating new opportunities for financial growth and inclusion.

With Luno tokenised global stock service, investing in companies that many Nigerians admire and use every day, from Apple to Microsoft, is no longer just a dream but a simple reality accessible to all.

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