In almost every place in the world, the outbreak of the coronavirus pandemic is pushing societies, cultures and civilizations into uncharted territories. Social systems, economic structures and to an extent, political realities are being disrupted on a scale unprecedented in human recorded history. Educational systems are no exception, with more than 1.6 billion learners forced out of traditional schooling since the beginning of the pandemic. E-learning platforms and models are thus taking the center stage, leaping out from the shadows of traditional classroom-based learning with such force that many have argued it is indeed the future of learning. This paper examines the realities of such a paradigm shift within the Nigerian context, with particular spotlight on its advantages to the educational sector, as well as challenges that may hinder the realization of these advantages and nullify potential positive impacts.