SEC plans a N5bn Capital Market Development Fund SEC plans a N5bn Capital Market Development Fund September 2, 2016 Advocaat Law Practice Nigeria’s Securities and Exchange Commission (SEC) is planning a NGN5bn Capital Market Development Fund (NCMDF) to promote and enhance the development of the country’s capital markets. 0 Likes Post navigation Previous Previous post: Corporate/Commercial Update, August 2016Next Next post: Dangote to begin coal mining in November