Information products have gone beyond ordinary products to products of emphasis, information controls the world, no wonder the leading countries in the world today are those that invested in information communication technology, (ICT). The shift in information products promotes innovation in a variety of industries, increases market transparency, and aids in the effective sharing of knowledge. They help organizations reach new markets, optimize operations, and make well-informed decisions by improving information accessibility. This paper therefore examines the important role that information products can place in the current Nigerian economy which is filled with a high level of unemployment rate, key economy sectors where they become indispensable tools in enhancing the efficiency in productivity, challenges and way forward in order for the nation to move in direction that other leading countries of the world are moving.