I am not sure. Nitrous makes you run rich and doesn't increase your compression ratio, but I don't know whether or not running rich means you need more octane.
correction: nitrous makes you run very lean, the chemical composition (for those of you who didn't know) is N2O which mean it has 2 atoms of Nitrogen and one atom of Oxygen and as you all should know oxygen is what engines use to burn, not gasoline, gasoline is just a catalyst to get the reaction started. When you introduce more oxygen into an engine without anymore fuel it makes a lean condition and will burn holes into the tops of the pistons because (besides the extreme temps made by a lean condition) it has nothing else to burn. Now i'm sure your wondering "why not just run pure oxygen into the motor instead of nitrous?" the answer to that is oxygen burns much to quickly and will detonate once it gets near it's flash point so the Nitrogen is thrown into the mixture to slow the combustion process down (and raise the flash point) to a non lethal level. You also must remember when you break apart molecules they take up more space, thus raising your "effective" compression ratio and what does exessive compression do? Causes detonation (read: baaaaaaad) and detonation will make your engine go boom bi@#*. And yes there are two kinds of compression ratios, the first one is the one which everyone knows of with the busas I beleive it's 11:1 called a static compression ratio, this compression ratio will never change without some sort of mechanical intervention, the other is the effective compression ratio which is what the engine actually sees right before the combustion takes place. So if you were to add some sort of power adder (other than naturally aspirated) it would raise the effective compression ratio therefore requiring one of two things, a higher octane gas to combat the higher temps and compression, or two a lower static compression ratio that way the effective compression ratio is not to high when compustion occurs Sorry if I made no sense it would be easier to explain if I was in person (unfortunately I'm not because some of you sound like really cool people)