With booming development of electronics, electromagnetic interference (EMI) shielding materials based on conductive polymer composites (CPCs) have received increasing attention. However, it remains challenging to develop flexible and lightweight CPCs with excellent stretchability, breathability, durability, and high EMI shielding effectiveness (EMI SE). Here, we propose a facile polyvinylpyrrolidone (PVP) assisted preparation of highly electrically conductive and durable nanofiber composites for high performance EMI shielding. The PVP layer could not only greatly enhance the interfacial interaction between the Ag nanoparticles (AgNPs) and hence the mechanical properties (both tensile strength, Young's modulus and elongation at break) of the polymer nanofiber membrane but also forms a protection layer preventing the AgNPs from oxidizing. The electrical conductivity of the nanofiber composite can reach up to 245.7 ± 30.6 S/cm, which is, to a large degree, maintained after cyclic stretching, abrasion, and ultrasonic washing. In addition, the nanofiber composite exhibits excellent breathability, antibacterial, and Joule heating performance. When used as the EMI shielding material, the nanofiber composite shows an extremely high SE and SSE of ∼96.9 dB and 169.7 dB cm 3 /g, respectively, and EMI shielding performance possesses outstanding stability and durability. This multifunctional nanofibrous composite membrane exhibits promising applications in wearable electronics.