A senior executive of First Bank of Nigeria has reportedly received a death threat following the bank’s recent restructuring efforts and intensified recovery of unpaid loans.
Sources familiar with the matter identified the official as the bank’s Managing Director, Oluwasegun Alebiosu, who is said to have received a suspicious parcel at his residence in Ikoyi, Lagos.
According to reports, the package was delivered by a dispatch rider and later found to contain bullets concealed inside an envelope. The parcel reportedly had no note or information identifying the sender, raising concerns about a possible attempt to intimidate the bank chief.
Insiders said the threat may be connected to recent operational reforms within the bank, including efforts to recover billions of naira in outstanding debts from defaulting customers.
The incident was said to have been reported to the Lagos State Police Command and other security agencies, with investigators now working to trace the dispatch rider and identify those behind the delivery.
Police sources indicated that CCTV footage and other evidence from the residence and surrounding area may assist in tracking the suspect and uncovering the origin of the package.
Although details of the investigation remain limited, the Lagos police have confirmed that a similar report is being handled by the State Criminal Investigation Department in Panti.
The development has raised fresh concerns about the risks faced by corporate executives overseeing major financial reforms and debt recovery efforts in Nigeria’s banking sector.
