Paystack has terminated the employment of its co-founder and chief technology officer, Ezra Olubi, following public allegations of sexual misconduct.
The dismissal, announced by Olubi in a personal blog post on Saturday, November 23, 2025, marks one of the most high-profile governance crises to hit Nigeria’s tech ecosystem in recent years.
The controversy erupted in mid-November after a social media user accused Olubi of abusive behaviour, prompting widespread attention and the resurfacing of several explicit tweets dating back more than a decade.
As online scrutiny intensified, Paystack suspended Olubi and disclosed that it had initiated a formal investigation, including plans to appoint an independent investigator to review the allegations and the company’s internal processes.
However, Olubi said in his Saturday post that he was abruptly fired before the investigation reached any conclusion. He claimed he was not granted a meeting or an opportunity to respond to the allegations prior to his termination, a move he argued was inconsistent with both the terms of his suspension and Paystack’s internal policies.
“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.