The rapid growth of Information and Communication Technology (ICT) has significantly
transformed educational methodologies worldwide. In particular, e-learning has emerged as a
pivotal tool in enhancing the delivery of business education. This study evaluates the impact of e
learning on business education in Colleges of Education in South West Nigeria. By examining both
the opportunities and challenges associated with e-learning adoption, this empirical study
understands its influence on students' learning outcomes, engagement, and overall academic
performance in business-related courses. Through a combination of surveys, interviews, and focus
group discussions with students and Lecturers, the study identifies key factors that facilitate or
hinder the effective implementation of e-learning. The research also explores the perceptions of
faculty members regarding the integration of digital tools into teaching practices. The findings
revealed that e-learning has positive effects on the teaching and learning of Business Education
in Colleges of Education. It concludes by recommending that Government and school authorities
should provide adequate ICT facilities such as computers, internet services, projectors, and digital
learning platforms in Colleges of Education to enhance the effective utilization of e-learning
technologies.