Microalgae have been experimented as a potential feedstock for biofuel generation in current era owing to its’ rich energy content, inflated growth rate, inexpensive culture approaches, the notable capacity of CO2 fixation, and O2 addition to the environment. Currently, research is ongoing towards the advancement of microalgal-biofuel technologies. The nano-additive application has been appeared as a prominent innovation to meet this phenomenon. The main objective of this study was to delineate the synergistic impact of microalgal biofuel integrated with nano-additive applications. Numerous nano-additives such as nano-fibres, nano-particles, nano-tubes, nano-sheets, nano-droplets, and other nano-structures’ applications have been reviewed in this study to facilitate microalgae growth to biofuel utilization. The present paper was intended to comprehensively review the nano-particles preparing techniques for microalgae cultivation and harvesting, biofuel extraction, and application of microalgae-biofuel nano-particles blends. Prospects of solid nano-additives and nano-fluid applications in the future on microalgae production, microalgae biomass conversion to biofuels as well as enhancement of biofuel combustion for revolutionary advancement in biofuel technology have been demonstrated elaborately by this review. This study also highlighted the potential biofuels from microalgae, numerous technologies, and conversion processes. Along with that, the study recounted suitability of potential microalgae candidates with an integrated design generating value-added co-products besides biofuel production. Nano-additive applications at different stages from microalgae culture to end-product utilization presented strong possibility in mercantile approach as well as positive impact on the environment along with valuable co-products generation into the near future.