The Three-African Champions are also now the third best team in Africa behind newly crowned AFCON champions, the Terangha Lions and the Atlas Lions of Morocco.
The West Africans won all three group matches against Egypt, Sudan and Guinea-Bissau at the 2021 Africa Cup of Nations in Cameroon.
Austine Eguavoen’s side, however crashed out in the second round after going down to a 1-0 defeat to the Carthage Eagles of Tunisia.
The Super Eagles were ranked 36th and 5th best team in Africa heading to competition but still moved up in the ranking despite their exit in Cameroon
Algeria and Tunisia, who were ranked higher than the Super Eagles in the world and on the continent had a dismissal campaign at the AFCON 2021.
Algeria exited at the group stage with one draw and two defeats from three games, while Tunisia recorded two wins and two defeats.