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Indigenous Knowledge (IK) and practices are usually unwritten; relying on oral transmission and human memory. As a result, this study investigated the documentation and dissemination of Indigenous Knowledge by library personnel at five selected research institutes in Ibadan, Nigeria. Using the descriptive survey design, six (6) questions raised to achieve the stated objectives. Structured questionnaire and interview were used for data collection. The population comprised of professionals and para-professionals library staff at Nigeria Institute of Social and Economic Research (NISER), Institute of African Studies (IFRA), Forestry Research Institute of Nigeria (FRIN), Cocoa Research Institute of Nigeria (CRIN), and International Institute of Tropical Agriculture (IITA). Purposive sampling method was used to select samples considering the resources to be expended and time involved for the study. Data were analyzed with the use of Statistical Package for Social Science (SPSS 16) while simple frequency count of percentage distribution was used to present the results of findings in table. Some of the findings of the study revealed that Indigenous Knowledge documented at the research institutes were on: Agriculture; kingship system in different towns; traditional medicine; general traditional culture; as well as traditional politics and governance. In addition, Indigenous Knowledge practices were documented with recordings and visual documentation among other methods, and these are being done by all the library personnel. Meanwhile, Indigenous Knowledge practices are being disseminated through: video, library website, print media, direct mail, public lectures, exhibitions and displays, and exchange. Certain recommendations were made based on the findings of this study.