Nanofluids are suspensions of nanoparticles with small concentration spread in base fluids such as water, oil and ethylene glycol. Nanofluid boiling is an important research area which provides many chances to explore new frontiers but also poses great challenges. Over the last decade, various studies have been carried out on pool boiling of nanofluids for the enhancement of critical heat flux which is otherwise limited by the use of base fluids. Several efforts have been made in the literature on nanofluid boiling, however, data on the boiling heat transfer coefficient and the critical heat flux have been unpredictable. Current study is a review of the status of research work on effects of nanofluids on heat transfer coefficient and critical heat flux. An emphasis is put in a review form on the recent progresses in nanofluid heat transfer coefficient and critical heat flux of pool boiling. This study also focuses on advancements in nanofluids, their properties and various parameters affecting boiling critical heat flux and heat transfer coefficient. At the end correlations used by different researchers to find out the critical heat flux and heat transfer coefficient are listed.