Reo-Coker has been able to undertake some running after missing Villa's last four matches with a knee problem.
The former England Under-21 captain had been made Villa's temporary skipper by Gerard Houllier in the absence of Stiliyan Petrov.
But he has not played since the league clash at Fulham on November 6 and the armband has since been worn by defender Richard Dunne.
Houllier confirmed: "Nigel has done some running. Maybe in two weeks, he'll be back."
Source: PA
Source: PA