This study examined the global digital revolution and the transformation of Nigerian universities. The study overviewed university developments world wide in line with what obtains in Nigeria. The study highlighted the several challenges that face Nigerian universities inclusive of poor funding, poor personnel and the poor exposure to global academic events. The paper used the checklist method to obtain information from Nigerian universities' administrators to be able to expose areas of strength, weaknesses and threats in the information development foundations of Nigerian universities. The study looked at the global rankings of universities and observed the position of Nigeria in relation to these rankings and presented its findings with tables adapted from works on university rankings. Among others, it was therefore recommended that, universities should be well funded, National infrastructure capable of impacting the ICT in the nation positively should be well rejuvenated and finally, conclusion.