The Nigerian fintech company Paystack has terminated the employment of its co-founder and Chief Technology Officer (CTO), Ezra Olubi, following sexual misconduct allegations. Olubi announced his termination, effective Saturday, November 22, 2025, on his personal blog over the weekend. He claimed the decision to sack him came even before the firm concluded its ‘independent investigation’. He noted that his legal team is reviewing the process to ensure consistency with internal policies and will be taking appropriate steps. Paystack had initially suspended Olubi over allegations of sexual misconduct against a colleague, which gained traction in mid-November 2025 after a viral social media post and the resurfacing of explicit tweets from his past.
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