The Super Eagles have moved four places up in the latest FIFA Rankings released today.
Last month, the three-time African champions were 36th in the world, but after wins over Benin and Lesotho in final 2021 AFCON qualifiers, they are now 32nd in the world.
They are also third best in Africa after Senegal and Tunisia.
They are thus ahead of reigning African champions Algeria (33), Morocco (34), Egypt (46) and Ghana (49).
Nigeria highest FIFA Ranking was achieved in April 1994, when they rose to as high as fifth in the world.
The Red Devils of Belgium remain the No 1 team in the world with France, Brazil, England and Portugal making the Top 5.