Nihell, from Sandy Row in south Belfast, said that looking back now, her fight with Taylor in 2001 at Dublin’s National Stadium was an important milestone for women’s boxing.
“On that day, the 15-year-old and 16-year-old girls didn’t realise how much of an impact that night would have in the future,” she told BBC News NI.
“It was massive, it was the building block in the right direction for female boxers, especially in Ireland.
“It wasn’t allowed, there was no female boxing back then.
“For us to have the first sanctioned amateur [female] boxing fight in Ireland, it was huge.
“It was just exciting because I was getting to actually fight a girl and it was the same for Katie. The standing ovation at the end we got was immense.”
She added that Taylor’s range of boxing skills were impressive at a tender age.
Taylor later claimed five World Championship golds at amateur level from 2006 to 2014, as well as a gold medal at the 2012 Olympics in London.
The County Wicklow boxer has held multiple world titles as a professional.