This study focused on the level of penetration of Internet usage among undergraduate students in Nigeria using Obafemi Awolowo University as a case study. Result showed that about 92% of undergraduate students have embraced the Internet and are using it consistently. The online mean time is 3.5hrs/week while on the average, undergraduate experience of Internet usage is about 4years. We found also that the students use the Internet mostly for e-mail, information search and online chatting; all of these were found to have significant impact on their academics and social life. Further analysis revealed that gender attitude is also an important issue; male students appear to use the Internet more than their female counterparts; just as science based students use it more than the non-science based students. The paper therefore recommends appropriate policies for all higher schools of learning in Nigeria to facilitate further diffusion and use of the Internet.This study focused on the level of penetration of Internet usage among undergraduate students in Nigeria using Obafemi Awolowo University as a case study. Result showed that about 92% of undergraduate students have embraced the Internet and are using it consistently. The online mean time is 3.5hrs/week while on the average, undergraduate experience of Internet usage is about 4years. We found also that the students use the Internet mostly for e-mail, information search and online chatting; all of these were found to have significant impact on their academics and social life. Further analysis revealed that gender attitude is also an important issue; male students appear to use the Internet more than their female counterparts; just as science based students use it more than the non-science based students. The paper therefore recommends appropriate policies for all higher schools of learning in Nigeria to facilitate further diffusion and use of the Internet.This study focused on the level of penetration of Internet usage among undergraduate students in Nigeria using Obafemi Awolowo University as a case study. Result showed that about 92% of undergraduate students have embraced the Internet and are using it consistently. The online mean time is 3.5hrs/week while on the average, undergraduate experience of Internet usage is about 4years. We found also that the students use the Internet mostly for e-mail, information search and online chatting; all of these were found to have significant impact on their academics and social life. Further analysis revealed that gender attitude is also an important issue; male students appear to use the Internet more than their female counterparts; just as science based students use it more than the non-science based students. The paper therefore recommends appropriate policies for all higher schools of learning in Nigeria to facilitate further diffusion and use of the Internet.