Nigerian fintech powerhouse Paystack has fired its co-founder and former Chief Technology Officer, Ezra Olubi, just weeks after suspending him over allegations of s^xual misconduct with a subordinate.
Olubi confirmed the termination in a candid blog post published on November 23, 2025, revealing that he was notified of the decision on November 22 mere days before the company's promised independent investigation was set to conclude.
He accused Paystack of bypassing due process, claiming he was denied a meeting, hearing, or any chance to respond to the claims, in direct violation of his suspension terms and the firm's internal policies.
"On Saturday, 22 November 2025, I was informed that my employment had been terminated. This decision was taken before the supposed investigation was concluded, and without any meeting, hearing, or opportunity for me to respond to the issues raised," Olubi wrote.
He maintained his full cooperation with the probe and insisted that resurfaced old social media posts which he described as "inappropriate jokes from over a decade ago" do not reflect his current character or professional conduct.
Olubi added that his legal team is now scrutinizing the dismissal for procedural lapses and will pursue appropriate remedies.
The fallout began on November 12, 2025, when Amaka "Max" Mbaegbu, a former associate and US-based finance professional, went public on X (formerly Twitter) with explosive accusations.
Mbaegbu alleged manipulative and abusive behavior during their past polyamorous relationship, including claims that Olubi engaged in inappropriate relations with a junior employee at Paystack.
Her posts, which included audio clips and detailed accounts, quickly went viral, amassing over 180,000 engagements under hashtags like #EzraOlubi.
The allegations ignited a firestorm, prompting users to unearth a trove of Olubi's tweets from 2009 to 2013.
The archived posts contained sexually explicit content, including jokes about workplace erections, photographing colleagues' thighs, and disturbing references to minors and anime characters – material widely condemned as predatory and unfit for a tech leader.
Olubi deactivated his X account the following day amid the backlash.Paystack responded swiftly on November 13, announcing Olubi's immediate suspension "from all duties and responsibilities" pending a formal, independent review.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com