Recently, agricultural management innovation has incorporated engineered nanoparticles. The current investigation was carried out to produce magnesium oxide nanoparticles (MgONPs) for the first time applying S. cerevisiae extract. FTIR, XRD), HRTEM, and zeta potential analysis were used to characterize the MgONPs. The FTIR data show that the bioactive substances reduce and cap the synthesized MgONPs. The crystalline metallic MgONPs had four significant peaks in the XRD pattern. The size and form of MgONPs were validated by TEM, which exhibited spherical structures with an average size of 27 nm. The effect of various dosages of MgONPs administered to the cowpea (Vigna unguiculata L.)plant on all in‐vitro parameters was shown to be significant in the study. The concentration 200 ppm was the most significant treatment which increased shoot length, shoot dry‐weight and root dry‐weight by 27.35%, 45.09% and 31.91% when compared with the untreated cowpea plants. MgONPs significantly increased photosynthetic pigments, with 150 ppm treatment significantly increasing soluble proteins and carbohydrates. MgONPs effectively treated cowpea C. maculatus, with dose and time‐dependent insecticidal activity. MgONPs death rates varied by 82.66% and 100% on fifth day. Biochemical and histopathological studies of rats were investigated. Rats treated with MgONPs showed higher GOT, GPT, Urea levels, but lower creatinine, indicating significant differences. MgONPs‐treated rats' liver showed mild to moderate histopathologic changes, including portal blood vessel congestion, lymphocytic cholangitis, and degenerative changes. MgONPs has the potential to improve cowpea development outcomes and suppress grain insects (C. maculatus).This article is protected by copyright. All rights reserved