It was established in April 2003, and as of September 2007, it had over 4,500 registered users (known as villagers).
The website is divided into two main parts, the "site" and the "square".
Such articles usually contain the opinion of the author, although occasionally news stories of significance to Nigeria may be published.
The Nigerian Village Square has in the past hosted podcasts featuring discussions on major issues of the day in Nigeria, as well as interviews with notable Nigerian personalities.
It also (until very recently) hosted webcasts produced by Nigeria International which featured stories of the lives of Nigerians.