The Lagos State Commissioner of Police, CP Fatai Tijani, has disclosed that the Managing Director and Chief Executive Officer of First Bank, Oluwasegun Alebiosu, received a parcel containing two live bullets at his residence in Lagos.
CP Tijani made the disclosure during a press briefing on Tuesday at the Lagos State Police Command headquarters, stating that detectives had commenced investigations to unravel the circumstances surrounding the delivery.
According to the police chief, the suspicious package was delivered on May 7, 2026, and was initially received by security personnel at Alebiosu’s residence before being handed over to him because it was addressed directly to him and marked “Confidential.”
Upon opening the parcel, the First Bank boss reportedly discovered two rounds of 7.62mm live ammunition concealed inside an envelope. No letter, note, or identifying information was found in the package to indicate the sender’s identity or motive.
CP Tijani said: “The Managing Director reported the matter to the police after discovering two rounds of 7.62mm live ammunition in a parcel collected on his behalf.
“The case is still under investigation, and we are treating it with the seriousness it deserves.”
Sources within the financial institution alleged that the parcel was delivered to Alebiosu’s residence in the Ikoyi area of Lagos Island through a dispatch rider.
It was further gathered that the delivery came shortly after the bank intensified internal reforms aimed at improving efficiency in financial transactions and stepped up efforts to recover outstanding loans from customers who had allegedly defaulted on their repayment obligations.
The Lagos State Police Command has assured that investigations are ongoing and that all necessary steps are being taken to identify those responsible for the incident and determine the motive behind the delivery.
