Oswaldocruzia nicaraguensis n. sp. (Strongylida: Molineidae) from the intestines of Ameiva festiva (Sauria: Teiidae) is described and illustrated. Oswaldocruzia nicaraguensis represents the 78th species assigned to the genus and is most similar to the Caribbean species of the genus by possessing spicules in which each of the 3 divisions terminates in numerous fine points. Of the 8 species assigned to this group, O. nicaraguensis is most similar to Oswaldocruzia moraveci; of the 8 species, only O. moraveci and O. nicaraguensis possess a type II bursa and lack cervical alae. It is separated from O. moraveci by the position of the tips of ribs 5–6; close together in O. nicaraguensis, well separated in O. moraveci.