Paystack, the Stripe-owned Nigerian payments company, has suspended its co-founder and CTO, Ezra Olubi, following an allegation of sexual misconduct involving a subordinate.
The accusation surfaced on social media on Wednesday, November 12, 2025.
What they’re saying:
Paystack confirmed the suspension to TechCabal, noting that a formal investigation is underway.
- “Paystack is aware of the allegations involving our Co-founder, Ezra Olubi,” the company said.
- “We take matters of this nature extremely seriously. Effective immediately, Ezra has been suspended from all duties and responsibilities pending the outcome of a formal investigation.”
- “Out of respect for the individuals involved and to protect the integrity of the process, we will not be commenting further until the investigation is complete.”
Why it matters
The allegation has revived scrutiny of old tweets posted by Olubi between 2009 and 2013, including explicit comments about colleagues, sexual jokes, references to minors, and objectifying remarks.
The posts resurfaced in the wake of the misconduct claim, driving renewed debate about workplace culture and leadership responsibility in Nigeria’s tech ecosystem.
The details
Archived tweets from the period include:
- Jokes about erections during office meetings.
- Comments about wanting to photograph a co-worker’s thighs.
- Sexualised references to minors and anime characters.
- A May 23, 2011 tweet that read: “Monday will be more fun with an ‘a’ in it. Touch a coworker today. Inappropriately.”
What’s next
Paystack says it will not comment further until its investigation concludes. Olubi remains suspended in the meantime.
