Microalgae-assisted bioremediation, enriched by nanomaterial integration, offers a sustainable approach to environmental pollution mitigation while harnessing microalgae's potential as a biocatalyst and biorefinery resource. This strategy explores the interaction between microalgae, nanomaterials, and bioremediation, advancing sustainability objectives. The potent combination of microalgae and nanomaterials highlights the biorefinery's promise in effective pollutant removal and valuable algal byproduct production. Various nanomaterials, including metallic nanoparticles and semiconductor quantum dots, are reviewed for their roles in inorganic and organic pollutant removal and enhancement of microalgae growth. Limited studies have been conducted to establish nanomaterial's (CeO ZnO, FeO AlO etc.) role on microalgae in pollution remediation; most studies cover inorganic pollutants (heavy metals and nutrients) remediation, exhibited 50-300% bioremediation efficiency improvement; however, some studies cover antibiotics and toxic dyes removal efficiency with 19-95% improvement. These aspects unveil the complex mechanisms underlying nanomaterial-pollutant-microalgae interactions, focusing on adsorption, photocatalysis, and quantum dot properties. Strategies to enhance bioremediation efficiency are discussed, including pollutant uptake improvement, real-time control, tailored nanomaterial design, and nutrient recovery. The review assesses recent advancements, navigates challenges, and envisions a sustainable future for bioremediation, underlining the transformative capacity of nanomaterial-driven microalgae-assisted bioremediation. This work aligns with Sustainable Development Goals 6 (Clean Water and Sanitation) and 12 (Responsible Consumption and Production) by exploring nanomaterial-enhanced microalgae bioremediation for sustainable pollution management and resource utilization.