Loki gets some kind of bonus points from Lucifer for not being human. That said: pagan gods really fumbled the ball there in regards to being relevant so Lucifer does not see him as any kind of threat at all.
If Lucifer would trust anyone other than himself he'd probably trust Loki to do two things: give him information that is probably accurate, and try to screw him over at some time in the future. Lucifer will do his best to take the information and screw Loki over first.
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Loki gets some kind of bonus points from Lucifer for not being human. That said: pagan gods really fumbled the ball there in regards to being relevant so Lucifer does not see him as any kind of threat at all.
If Lucifer would trust anyone other than himself he'd probably trust Loki to do two things: give him information that is probably accurate, and try to screw him over at some time in the future. Lucifer will do his best to take the information and screw Loki over first.