Paystack has terminated the employment of its Co-founder and Chief Technology Officer, Ezra Olubi, following public allegations that he engaged in sexual relations with a junior employee. The decision represents a sharp escalation in a controversy that has dominated the Nigerian tech space in recent weeks.
The issue first gained traction in mid-November after a social media post alleging abusive behavior went viral, prompting users to resurface a series of explicit tweets Olubi posted years ago. Paystack confirmed his suspension at the time and announced that an independent investigator would lead a formal review.
In a recent blog post, Olubi stated he was dismissed without a meeting or an opportunity to respond, describing the move as inconsistent with the terms of his suspension and the company’s internal policies. He added that his legal team “will take the steps they consider appropriate,” noting that he would not be commenting further. Olubi claims the termination occurred before the company’s independent investigation was concluded.
Paystack, acquired by Stripe in a major African tech deal, has faced intense public scrutiny as screenshots of Olubi’s old posts, including sexually explicit jokes and remarks many found predatory, continued circulating online. The case has reignited broader conversations about workplace accountability and leadership culture across Africa’s fast-growing tech ecosystem.
