In this study, magnetically nanoparticles of CuFe2O4@SiO2@PTMS@Tu@Ni(II) as novel and reusable catalyst were prepared. Synthesis of the Ni (II)‐nanocatalyst was carried out through the complexation of Ni(OAc)2·4H2O with the immobilized thiourea on silica‐layered CuFe2O4. The prepared nanocomposite system was then characterized using SEM, EDX, XRD, VSM, ICP‐OES, Raman, UV–Vis and FT‐IR analyses. Catalytic activity of the Ni(II)‐CuFe2O4 system was investigated towards rapid reduction of aromatic nitro compounds to arylamines with sodium borohydride as well as one‐pot reductive‐acetylation of nitroarenes to acetanilides with NaBH4/Ac2O system without the isolation of intermediate arylamines. All reactions were carried out in H2O within 3–7 min to afford the products arylamines/acetanilides in high to excellent yields. Reusability of the Ni(II)‐nanocatalyst was examined for seven consecutive cycles without the significant loss of the catalytic activity.