The Super Eagles are now 42nd in the FIFA rankings.
Although they missed the 2015 Africa Cup of Nations, Nigeria rose up by just one position ahead of Guinea.
The Eagles are now the seventh -ranked African side behind Algeria, Cote d’Ivoire, Ghana, Tunisia, Cape Verde Island and Senegal. World champions Germany remain top of the pile after while Argentina sit in second position with 1534 points. Colombia, Belgium and the Netherlands are third, fourth and fifth respectively while Brazil remain sixth on the Fifa Ranking.
Former world champions, Spain dropped a place to the tenth position after amassing 1144 points.
In Africa, Algeria remain the highest ranked African team having placed 18th in the world as newly crowned African kings, Cote d’Ivoire are second on the continent after they moved eight places up while Ghana climbed 12 steps up to the 25th position and 3rd in Africa.
Equatorial Guinea who finished fourth at the 2015 African football showpiece are the highest movers after climbing 69 places up the ladder to the 49th position in the world.
The next FIFA rankings will be made public on March 12.