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

Commissioner of Police, Lagos State Command, Tijani Fatai, disclosed this on Tuesday during a press briefing at the command headquarters, saying detectives had commenced investigations to determine the circumstances surrounding the incident.

According to the police commissioner, the matter was reported on May 7, 2026, after Alebiosu discovered two rounds of 7.62mm live ammunition concealed in a package delivered to him.

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

“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,” Tijani said

Sources familiar with the incident said the parcel was delivered to Alebiosu’s residence in the Ikoyi area of Lagos through a dispatch rider.

The package was reportedly marked confidential and bore only the recipient’s name and address, with no information identifying the sender.

According to the commissioner, no arrest had been made in connection with the incident, adding that investigators were pursuing several leads.

Tunji added that detectives are also examining information provided by the complainant regarding persons who may have knowledge of or involvement in the matter.

He noted that forensic and intelligence-led investigations were ongoing to establish the source of the parcel and identify anyone connected to the delivery.

The commissioner assured residents that the command would provide updates as the investigation progresses.

The incident comes amid heightened concerns over the security of corporate executives and other high-profile individuals in the country.