A facile synthesis of nanocomposites of ternary metal oxides (Ag2O/NiO/ZnO) has been reported. Three ternary nanocomposites A/N/Z-1, A/N/Z-2, and A/N/Z-3 with different molar ratios of silver oxide (10 %, 20 % and 30 %, respectively) have been synthesized by decorating a binary N/Z (NiO/ZnO = 1:1) nanocomposite. The diameter of the particles in N/Z binary nanocomposite is approximately 31.59 ± 5.03 nm, and the size of the decorated silver oxide in the A/N/Z-3 ternary nanocomposite is 5.92 ± 1.36 nm as deduced from TEM analysis. The Ag2O/NiO/ZnO nanocomposites have efficiently catalyzed the reduction of various nitrophenols, dyes, and their mixtures. Among the synthesized nanocomposites, A/N/Z-3 has the highest silver oxide content that reduces 4-nitrophenol ([pNP] = 0.16 mM) in the shortest time (7 min). Therefore, A/N/Z-3 has been chosen to investigate other parameters for pNP's reduction, including the amounts of catalyst, pNP and sodium borohydride. A/N/Z-3 (6.41 μg mL−1) reduces different nitrophenols ([NP] = 0.16 mM) in following order: oNP (2-nitrophenol: 2 min) > mNP (3-nitrophenol: 2 min) > pNP (4-nitrophenol: 7 min) > 2,4,6TNP (2, 4, 6-trinitrophenol: 13 min) in the presence of sodium borohydride (40 mM). Similarly, A/N/Z-3 (6.02 μg mL−1, except for MB, the amount used was 29.41 μg mL−1) reduces different dyes (0.02 mM) in the following order: MO (methyl orange: 2 min and 30 s) > CR (congo red: 2 min and 30 s) > RB (rhodamine-B: 4 min) > MB (methylene blue: 9 min). Further, A/N/Z-3 reduces nitrophenols' mixture, dyes' mixture, simulated effluents (EFF1) sample and a real industrial sample (dye bath effluents: DBE) in 8 min, 8 min, 6 min and 12 min, respectively, and also reused up to five cycles. Hence, this highly efficient, inexpensive, and easily reusable robust catalyst can be used to remove toxic organic pollutants from industrial wastewater.