When Tom Holland’s Peter Parker donned a new costume during his trip to Europe in Spider-Man: Far From Home, it came with a new moniker. In an effort to make sure no one figured out Peter was Spider-Man, Peter’s buddy, Ned Leeds, labeled his black-suited buddy Night Monkey, a European Spidey ripoff, and the name stuck.
Article source: https://www.cinemablend.com/news/2480456/marvel-put-out-a-night-monkey-trailer-for-spider-man-far-from-home-and-wow