The 1992 Nokia Grand Prix was a women's tennis tournament played on indoor carpet courts at the Grugahalle in Essen in Germany that was part of Tier II of the 1992 WTA Tour. It was the inaugural edition of the tournament and was held from 3 February until 9 February 1992. First-seeded Monica Seles won the singles title and earned $70,000 first-prize money.
Finals.
Singles.
 Monica Seles defeated Mary Joe Fernández 6–0, 6–3
Doubles.
 Katerina Maleeva / Barbara Rittner defeated Sabine Appelmans / Claudia Porwik 7–5, 6–3