Paystack CTO Ezra Olubi Suspended Amid Sexual Misconduct Allegations
Leading Nigerian fintech company, Paystack, has taken swift action by suspending its co-founder and Chief Technology Officer, Ezra Olubi, following serious allegations of sexual misconduct involving a subordinate. The suspension was triggered by the renewed circulation of past social media posts on X, igniting significant online backlash and public scrutiny.
Investigation Launched into Misconduct Claims
Paystack confirmed Olubi’s suspension in a statement to Techpoint Africa, emphasizing the company’s unwavering commitment to addressing such allegations with utmost seriousness. As of Thursday evening, November 13, 2025, Olubi has been relieved of all duties pending the outcome of a formal investigation. According to Paystack, the company’s Board has initiated a review process consistent with internal policies. An independent third-party investigator will be appointed by the Board to ensure a fair, thorough, and confidential investigation into the claims. The controversy initially surfaced in mid-November 2025, after social media user Max Obae posted accusations suggesting misconduct by a tech leader.
The suspension underscores the growing importance of accountability and ethical conduct within the African tech ecosystem. Paystack’s rapid response signals a commitment to fostering a safe and respectful work environment for all employees, prioritizing a comprehensive and impartial investigation into the allegations against its CTO.
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Related Keywords: Paystack CTO, Ezra Olubi, Sexual misconduct allegation, Suspension, Workplace misconduct, Tech industry scandal, Nigerian tech, Employee relations, Code of conduct, Investigation
