Non-conventional seeds are being considered as novel food because their constituents have unique chemical properties and may augment the supply of nutritional and functional products. Niger (Guizotia abyssinica Cass.) seed and its crude oil have been widely used in traditional nutritional and medicinal applications. Consequently, niger seed has been extensively studied for its nutritional value, biological activities, and antioxidative properties. In consideration of their potential utilization, detailed knowledge on the composition of niger oilseeds is of major importance. The diversity of applications to which niger seed can be put gives this oilseed great industrial importance. This review summarizes the nutritional value, functional properties, and industrical applications of niger seeds.