Electromagnetic interference disturbs the working of electronic devices and affects the surroundings and human health. Consequently, research has led to the development of radiation-protection materials. Inherently conducting polymers have been found to be suitable for electromagnetic interference (EMI) shielding owing to their fine electrical conductivity properties. Moreover, nanoparticle-reinforced conjugated polymers have been used to form efficient nanocomposites for EMI shielding. Nanoparticle addition has further enhanced the radiation protection capability of conducting polymers. This state-of-the-art comprehensive review describes the potential of conducting polymer nanocomposites for EMI shielding. Conducting polymers, such as polyaniline, polypyrrole, and polythiophene, have been widely used to form nanocomposites with carbon, metal, and inorganic nanoparticles. The EMI shielding effectiveness of conducting polymers and nanocomposites has been the focus of researchers. Moreover, the microscopic, mechanical, thermal, magnetic, electrical, dielectric, and permittivity properties of nanocomposites have been explored. Electrically conducting materials achieve high EMI shielding by absorbing and/or dissipating the electromagnetic field. The future of these nanomaterials relies on nanomaterial design, facile processing, and overcoming dispersion and processing challenges in this field.