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Nigerian literature has focused more on the general concept of e-resources without dedicated attention to e-books. This work takes a critical look at the challenges related to e-books collection and management in Nigerian universities. The study was conducted among six federal universities in Nigeria; one from each geo-political zone of the federation. A survey research design was utilized to carry out the study with structured interview conducted for system librarians of the six university libraries. While there is proliferation of e-books in the libraries, absence of local titles, budgeting, consortium and awareness of DRM issues remain obvious challenges.