The formation of molecules with complexity in a simple, straight forward pathway attracts great interest in organic synthesis. Recently, nickel‐catalyzed cascade reactions have grown up as a useful tool and contributed significantly to the area of synthetic methodology. In order to furnish high yielding carbo‐ and heterocycles as building blocks of pharmaceutical compounds and bioactive molecules with high selectivity, nickel‐catalyzed reactions render comprehensive coverage of different strategies through compilation of various methodological prospective, such as photoredox decarboxylative vinylation, asymmetric reductive arylalkynation, hydroacylation/ Suzuki cross‐coupling reactions, intramolecular annulation cascade reactions, hemiacetalization cascade reactions, and so on. In addition, nickel‐catalyzed cascade reactions are also useful for the synthesis of multiple C−C/C−N bonds in acyclic compounds. This Review provides in depth mechanistic insights into on crucial reactions as well as a detailed discussion and critical comments.