The study represents a comprehensive analysis of engine exhaust emission variation from a compression ignition (CI) diesel engine fueled with diesel-biodiesel blends. Biodiesel used in this investigation was produced through transesterification procedure from Moringa oleifera oil. A single cylinder, four-stroke, water-cooled, naturally aspirated diesel engine was used for this purpose. The pollutants from the exhaust of the engine that are monitored in this study are nitrogen oxide (NO), carbon monoxide (CO), hydrocarbon (HC), and smoke opacity. Engine combustion and performance parameters are also measured together with exhaust emission data. Some researchers have reported that the reason for higher NO emission of biodiesel is higher prompt NO formation. The use of antioxidant-treated biodiesel in a diesel engine is a promising approach because antioxidants reduce the formation of free radicals, which are responsible for the formation of prompt NO during combustion. Two different antioxidant additives namely 2,6-di-tert-butyl-4-methylphenol (BHT) and 2,2'-methylenebis(4-methyl-6-tert-butylphenol) (MBEBP) were individually dissolved at a concentration of 1% by volume in MB30 (30% moringa biodiesel with 70% diesel) fuel blend to investigate and compare NO as well as other emissions. The result shows that both antioxidants reduced NO emission significantly; however, HC, CO, and smoke were found slightly higher compared to pure biodiesel blends, but not more than the baseline fuel diesel. The result also shows that both antioxidants were quite effective in reducing peak heat release rate (HRR) and brake-specific fuel consumption (BSFC) as well as improving brake thermal efficiency (BTE) and oxidation stability. Based on this study, antioxidant-treated M. oleifera biodiesel blend (MB30) can be used as a very promising alternative source of fuel in diesel engine without any modifications.