•No headway yet in investigations -- Police

The Lagos State Police Command has commenced investigation into a suspicious parcel containing live ammunition delivered to the Managing Director of FirstBank, Oluwasegun Alebiosu.

Commissioner of Police, Lagos State Police Command, CP Fatai Tijani, who disclosed this during a press briefing Tuesday at the Command headquarters, said detectives had commenced investigation to unravel the circumstances surrounding the delivery.

The incident, according to the police boss, was reported on May 7, 2026, after the FirstBank MD discovered two rounds of 7.62mm live ammunition concealed inside a package delivered to him.

CP Tijani said the parcel was initially received by the executive’s security guard before it was handed over to him.

The Command boss 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,” he said.

It was 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 repayment obligations.

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.

The parcel, sources said, was marked confidential and bore only the name and address of the recipient, with no details to assist in identifying the sender.

The motive behind the delivery remains unclear, as police investigators are expected to determine whether it was intended as a threat or linked to any criminal activity.

The CP disclosed that no arrest had been made in connection with the incident, adding that investigators were pursuing several leads, including information provided by the complainant on persons who might have knowledge of or involvement in the matter.

He said forensic and intelligence-driven investigations were ongoing to establish the circumstances surrounding the delivery and bring anyone found culpable to justice.

CP Tijani assured residents that updates would be provided as the investigation progresses. (Text, excluding headline: Vanguard)

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