Though ranked 601 in the world, behind South African universities (with University of Cape Town ranking 148 followed by Stellenbosch University (401), University of KwaZulu Natal 501), University of Ibadan (UI) is the only ivory tower in Nigeria which entered the list of top universities in the world,
The ranking placed UI among 1,000 best universities in the world, in spite of underfunding by the federal government.
The latest ranking was carried out by the top rated organization, Times Higher Education (THE).
The latest ranking was based on Teaching , Research, Citations of scholarly publications, Industry Income and International outlook.