The invention relates to the technical field of metal or alloy powder, in particular to a nickel or nickel alloy perforated nanosphere and a method for manufacturing the same. The nickel or nickel alloy perforated nanosphere is powdery and contains water, nickel hydroxide, nickel oxide, hydrogen and steam, the aperture of the perforated nanosphere ranges from 20nm to 100nm, and the diameter of the perforated nanosphere ranges from 60nm to 300nm. Compared with the prior art, the nickel or nickel alloy perforated nanosphere and the method have the advantages that the diameter of the nickel or nickel alloy perforated nanosphere reaches a nanometer scale, perforated nano-pores are formed in the nickel or nickel alloy perforated nanosphere, accordingly, the specific surface areas of grains further can be increased, and the electromagnetic performance of nickel or nickel alloy powder can be greatly improved.