Nigeria has moved five places up from 67 to 62 in the latest FIFA rankings released yesterday.
Despite the massive improvement, the Super Eagles are still number 10 in the African rankings.
Cote d'Ivoire is still Africa's top ranked football nation, occupying number 14 in the world.
The Eagles' five places leap follows last month's 3-1 win over Venezuela in a friendly in Miami.
Spain retained top spot with Colombia, Germany, and Argentina completing the top four.
A total of 143 international matches were taken into account for this edition of the ranking.
Other African countries in the top 10 are Algeria, which is occupying number two in Africa, follow by Mali which gained three places to be Africa's number three and Ghana in the fourth position.
Nations Cup current title holders Zambia are in the fifth position, Egypt are sixth, while Gabon, Tunisia and Central Africa Republic are number seven, eight and nine on the African chart.
The next FIFA rankings would be published on January 17.