  AIMS: Nova Cyg 2006 has been intensively observed throughout its full
outburst. We investigate the energetics and evolution of the central source and
of the expanding ejecta, their chemical abundances and ionization structure,
and the formation of dust. METHOD: We recorded low, medium, and/or
high-resolution spectra (calibrated into accurate absolute fluxes) on 39
nights, along with 2353 photometric UBVRcIc measures on 313 nights, and
complemented them with IR data from the literature. RESULTS: The nova displayed
initially the normal photometric and spectroscopic evolution of a fast nova of
the FeII-type. Pre-maximum, principal, diffuse-enhanced, and Orion absorption
systems developed in a normal way. After the initial outburst, the nova
progressively slowed its fading pace until the decline reversed and a second
maximum was reached (eight months later), accompanied by large spectroscopic
changes. Following the rapid decline from second maximum, the nova finally
entered the nebular phase and formed optically thin dust. We computed the
amount of formed dust and performed a photo-ionization analysis of the
emission-line spectrum during the nebular phase, which showed a strong
enrichment of the ejecta in nitrogen and oxygen, and none in neon, in agreement
with theoretical predictions for the estimated 1.0 Msun white dwarf in Nova Cyg
2006. The similarities with the poorly investigated V1493 Nova Aql 1999a are
discussed.
