organisms. The role of N 2 fixing cyanobacteria are exemplified by the significant contribution they make to the nitrogen budget of the oceans, which occupy more than 80 % of the Earth's surface. Cyanobacteria are also found in freshwater and terrestrial habitats spanning across all latitudes and longitudes of the world and contribute significantly to the carbon and nitrogen cycles of wetlands, freshwater and brackish ecosystems as free-living, symbiotic, epiphytic, benthic and periphyton organisms. Certain N 2 fixing cyanobacteria form blooms in lentic water bodies and some of them produce cyanotoxins. N 2 fixing cyanobacteria therefore play both positive and negative roles in nature.Cyanobacteria form symbiotic associations with all other major groups of organisms and contribute to the nutrition of their hosts. Certain cyanobacteria and their symbiotic systems like Azolla are used as biofertilizers, particularly in rice production. This paper is a review of literature on N 2 fixing cyanobacteria, their diversity, their roles in nature and their utilisation.