Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: Paystack Co-Founder Ezra Olubi Claims Unfair Dismissal Amid Sexual Misconduct Allegations
Paystack co-founder Ezra Olubi has alleged that the company terminated his employment before completing an investigation into claims of sexual misconduct involving a subordinate, describing the process as unfair and contrary to the very policies he helped establish.
In a blog post published on Sunday, 23 November, Olubi stated that he was suspended a week earlier, as Paystack launched what it described as an “independent” investigation into allegations circulating online.
“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, in clear contravention of the terms of the suspension and Paystack’s own internal policies,” he noted.
Olubi added that the approach breached Paystack’s internal procedures.
“My legal team is now reviewing the process that led to my purported termination, including its consistency with internal policies. They will take the steps they consider appropriate, and I will not be commenting further on this matter at this time,” he wrote.
Other Tech News Stories You Should Read:
PR Strategies for Startups on a Budget: An In-Depth Guide. Read now.
Teaching Maths in Yoruba: How Nigerian Educator Abdulwakeel Olajuwon is Rewriting the Future of Learning. Read now.
How to Manage Cofounder Conflicts in a Startup: A Step-by-Step Guide. Read now.
On Startup Spotlight:
How Nigeria’s National Payment Stack Works, and What It Means for Startups and Businesses
Nigeria has taken a decisive leap forward in upgrading its digital payment infrastructure, following the successful completion of the first live transaction on the National Payment Stack (NPS) by PalmPay and Wema Bank last week.
Developed by the Nigeria Inter-Bank Settlement System (NIBSS), the NPS has been in development for several months and is positioned as the most significant overhaul of Nigeria’s financial plumbing since the introduction of the NIBSS Instant Payment (NIP) platform more than a decade ago.
Long regarded as a continental leader in digital payments, Nigeria aims to use the NPS to strengthen that position and further expand access. According to NIBSS, the system is designed to enhance financial inclusion, enable secure real-time transactions, and improve national processes such as social benefit disbursement, tax collection, and public sector revenue tracking.
“One of the core problems it has resolved is in the area of messaging and confirmation, including a digitally signed delivery of messages between one party and the other,” Premier Owoh, Managing Director and Chief Executive Officer of NIBSS, said.
Quadri Adejumo brings you all the details. Read here.
Also Read:
Nigeria, Sierra Leone Sign Ambitious Digital Innovation MoUs in Push for West Africa’s Tech Integration. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
