Company profile
Cardinal Torch Company Limited
Cardinal Torch Company Limited is a Nigeria-based agricultural commodity trading and agro-processing company incorporated in March 2020 and headquartered in Victoria Island, Lagos. The company sources, aggregates, processes, warehouses, and exports key agricultural commodities, including cocoa beans, cashew nuts, sesame seeds, and soybean, supplying international buyers in the United Arab Emirates, Belgium, the Netherlands, Indonesia, and Malaysia. Its core revenue remains anchored in cocoa bean exports, supported by strategically located warehouse facilities in Lagos, Cross River, and Taraba States. In 2026, the company expanded into value-added processing through the launch of Cardinal Treats, a premium consumer cashew brand, and is developing a ten-metric-tonne-per-day cashew processing facility in Siun, Ogun State. The company holds dual credit ratings from DataPro and Agusto & Co., and has launched a NGN 30 billion commercial paper issuance programme.
- Sector
- Consumer / Agricultural Products
- Markets
- Nigeria
- Founded
- 2020
- Ownership
- Private
- Stage
- SME
- Capital raised
- $3.3m
- Employees
- 11-50
- Business model
- B2B Transactional
Products and services
Cocoa Bean Export, Raw Cashew Nuts (RCN), Sesame Seeds, Soybean & Cardinal Treats
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 1 Aug 2026 | Cardinal Torch invests NGN 4.5 billion in a cashew processing plant in Nigeria | Infrastructure & Project Finance | $3.3m | Nigeria |
Source: Partner Researchers.