The Super Eagles of Nigeria are among the top 20 most valuable national teams in the World.
According to the latest statistics released by Transfermarkt, the three-time African champions are placed in 12th position in the world.
Nigeria are behind the likes of England, Brazil, France, Portugal and Argentina in the ranking.
Transfermarkt released the list of the top national teams based on their market values.
The value of England, France and Brazilโs squads is over โฌ1 billion.
Here is a list of the top 20 most valuable national teams in the world;
1. England โ โฌ1.30bn
2. France โ โฌ1.14bn
3. Brazil โ โฌ1.04bn
4. Portugal โ โฌ905.50m
5. Spain โ โฌ814.00m
6. Argentina โ โฌ789.00m
7. Germany โ โฌ700.00m
8. Italy โ โฌ582.00m
9. Netherlands โ โฌ575.00m
10. Belgium โ โฌ498.80m
11. Uruguay โ โฌ486.30m
12. Nigeria โ โฌ460.60m
13. Norway โ โฌ429.45m
14. Denmark โ โฌ340.10m
15. Morocco โ โฌ336.30m
16. Croatia โ โฌ317.85m
17. Ivory Coast โ โฌ315.08m
18. Serbia โ โฌ297.70m
19. Ukraine โ โฌ291.50m
20. Austria โ โฌ281.75m