The Lagos State Commissioner of Police, Tijani Fatai, has confirmed that the Managing Director of First Bank of Nigeria, Oluwasegun Alebiosu, received an envelope containing two live bullets at his residence in May 2026. The revelation came during a press briefing on June 23, 2026, where Fatai detailed the incident and the ongoing police investigation.
Envelope Delivered by Dispatch Rider
According to CP Fatai, the package was delivered by a dispatch rider and initially received by security personnel at Alebiosu's residence. The envelope was addressed directly to the First Bank MD and marked as confidential, prompting the guards to hand it over to him. Upon opening the parcel, Alebiosu discovered two live 7.62mm ammunition rounds concealed inside, with no accompanying letter, message, or any identifying information about the sender.
Police Investigation Underway
Fatai stated that the matter was reported on May 7, 2026, and police immediately launched an investigation. He described the case as serious and emphasized the need for thorough inquiry. “Presently, I can confirm to you that the matter is still under investigation. It's a serious case. And I think the investigation needs to be more thorough. So, we are still on the investigation of that matter,” Fatai said in a video that circulated online.
Security Concerns for Banking Executives
The incident has raised concerns about the security of top banking executives in Nigeria. Alebiosu, who has been the Managing Director and Chief Executive Officer of First Bank since April 2024, now faces an ongoing threat as authorities work to identify the perpetrator. The Lagos police have not yet released any suspects or additional details regarding the investigation.
Background on Oluwasegun Alebiosu
Alebiosu took the helm at First Bank in April 2024, bringing extensive experience in banking and finance. The delivery of live ammunition to his home marks a significant escalation in security risks for corporate leaders in Nigeria. The police have urged anyone with information to come forward as they continue to probe the matter.
