Paystack Suspends Co-Founder Ezra Olubi 

Following a viral sexual misconduct allegation, Paystack confirmed on Friday that it has suspended its co-founder and Chief Technology Officer, Ezra Olubi.

Paystack said a formal internal investigation has been launched.

The company, in a statement to TechCabal, said, ‘Paystack is aware of the allegations involving our Co-founder, Ezra Olubi. 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’.

Paystack added that it would not comment further until the investigation is complete, stating, ‘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’.

The suspension follows the resurfacing of Olubi’s decade-old social media posts, reportedly made between 2009 and 2013, which included sexualised comments about ‘touching a coworker… inappropriately’ and minors.

One tweet from 23 May 2011, read: ‘Monday will be more fun with an “a” in it. Touch a coworker today. Inappropriately’.

Another tweet read, ‘I judge my female friends by the sound their pee makes. Thanks to the audio recorder in my bathroom’.

Olubi has not publicly responded to the posts but has deactivated his X account.

Olubi was awarded the title of Officer of the Order of the Niger (OON) by the late former President Muhammadu Buhari.

He was among the 450 recipients who were awarded, making the total number of Nigeria’s National Honours Awardees 5,341 since 1963.