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For large-scale applications, dye-sensitized solar cells (DSSCs) require the replacement of the scarce platinum (Pt)-based counter electrode (CE) with efficient and cheap alternatives. In this respect, low-cost perovskite oxides (ABO 3 ) have been introduced as promising additives to composite-based CEs in Pt-free DSSCs. Herein, we synthesized composites from La 0.9 Ce 0.1 NiO 3 (L) perovskite oxide and functionalized-multiwall-carbon-nanotubes wrapped in selenides derived from metal-organic-frameworks (f-MWCNT-ZnSe-CoSe 2 , "F"). L and F were then mixed with carbon black (CB) in different mass ratios to prepare L@CB, F@CB, and L@F@CB composites. The electrochemical analysis revealed that the L@F@CB composite with a mass ratio of 1.5:3:1.5 exhibits better electrocatalytic activity than Pt. In addition, the related DSSC reached a better PCE of 7.49% compared to its Pt-based counterpart (7.09%). This improved performance is the result of the increase in the oxygen vacancy by L due to the replacement of La with Ce in its structure, leading to more active sites in the L@F@CB composites. Moreover, the F@CB composite favors the contribution to the high electrical conductivity of the hybrid carbon nanotube-carbon black, which also offers good stability to the L@F@CB CE by not showing any obvious change in morphology and peak-to-peak separation even after 100 cyclic voltammetry cycles. Consequently, the corresponding L@F@CB-based device achieved enhanced stability. Our work demonstrates that L@F@CB composites with a low cost are excellent alternatives to Pt CE in DSSCs.