In this experiment, the oxide nanoparticles were synthesized via chemical precipitation and the nanocomposites were produced using in situ polymerization method with varying nanoparticles contents ranged from 0.1 g to 1.0 g for electrical conductivity and from 0.05 g to 0.25 g for thermal conductivity. The electrical and thermal conductivities of nanocomposites were investigated and compared with the values obtained for untreated polystyrene. It was observed that the electrical and thermal properties were higher for the nanocomposites and increase with increasing nanoparticle concentrations in the samples. It can be observed that nanocomposite containing NiO nanoparticles gave a better electrical and thermal conductivity followed by nanocomposite containing BaO nanoparticles and nanocomposite containing Sb2O3 nanoparticles respectively. It can also be observed that nanocomposite containing NiO nanoparticle showed increase in rate of heat transfer from 1.60 W to 2.60 W, while nanocomposite containing BaO nanoparticles recorded increase in rate of heat transfer from 1.40 W to 2.45 W and nanoomposite containing Sb2O3 nanoparticle showed increase in rate of heat transfer from 1.07 W to 2.21 W, as concentration of nanoparticles increased from 0.05 g to 0.25 g respectively. Conclusively, with these results, the nanocomposite containing NiO nanoparticles gave a better thermal and electrical conductivity by having a better conducting filler network inside the matrix than nanocomposite containing BaO nanoparticles and nanocomposite containing Sb2O3 nanoparticles. It is recommended that during the production of polymer nanocomposite, PS/NiO, PS/BaO and PS/Sb2O3 nanocomposites could be used in electrically conductive devices as well as suitable materials for heat transfer applications.