The Super Eagles are gone up by one place and now sit in 41st position in the FIFA rankings.
Algeria are the highest-ranked African team (18th). Ivory Coast (20), Ghana (24), Tunisia (25) and Senegal (36). They make up the top five nations on the continent.
In the overall table, Germany remain the number one team in the world with 1770 points, ahead of Argentina (second), Colombia (third), Belgium (fourth), Netherlands (fifth), Brazil (sixth), Portugal (seventh), France (eighth), Uruguay (ninth) and Italy (10th).
European champions, Spain have fallen out of the top 10, for the first time since 2007, with Italy taking their place.
The biggest climbers of the month are Barbados (131st) and Bermuda (169th), both of whom have risen by 11 places by virtue of a win and a draw each in their friendlies in the Caribbean.
Israel had the biggest move by points garnered as they rose by 75 points, while Lebanon had the biggest drop by points and ranks with 90 points and 11 ranks respectively.
The next FIFA/Coca-Cola World Ranking will be published on 9 April 2015.
Nigeria are expected to play Bolivia and South Africa in two international friendlies in March 2015.