Paystack Fires Co-Founder Ezra Olubi Amid Sexual Misconduct Allegations

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Nigerian fintech company Paystack has terminated the employment of its co-founder and Chief Technology Officer, Ezra Olubi, following allegations of sexual misconduct against him.

Olubi disclosed the development in a post on his personal blog over the weekend, stating that the decision to remove him was taken before the company concluded its internal investigation. He added that his legal team is currently reviewing the process leading to his dismissal.

“On Saturday, 22 November 2025, I was informed that my employment had been terminated. My legal team is now reviewing the process that led to my purported termination, including its consistency with internal policies. They will take the steps they consider appropriate, and I will not be commenting further on this matter at this time,” he wrote.

Paystack had earlier suspended Olubi following allegations of sexual misconduct involving a colleague.

The controversy emerged in mid-November after a social media post accusing Olubi of abusive behaviour went viral, prompting users to resurface explicit tweets from earlier in his career.

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