It is the newspaper's founder Dmitry Muratov who states that the newspaper stops reporting on the war.
Last year, Muratov received the Nobel Peace Prize for his publicist work and Novaya Gazeta is the last major independent media channel in Russia.
However, the newspaper will continue to report on the consequences of the invasion for Russia.
On Friday, the Russian lower house passed a law that could give 15 years in prison for media that report "fake" news about the Russian military and the war in Ukraine.
Since the war began just over a week ago, the situation for the few media that are not state-controlled has become increasingly pressured.
Several media outlets have shut down
Earlier this week, several Russian media were blocked by the country's censorship authority Roskamnadzor.
According to the country's public prosecutor, the media channels had spread information about the war in Ukraine that "did not reflect reality" and violated state censorship.
The Russian independent TV channel Dozhd stopped broadcasting on Thursday after the censorship authority blocked them.
The Moscow Echo radio station, which played a prominent role in the new media landscape that emerged in Russia after the fall of the Soviet Union, also announced that it was closing down its operations.
The independent Russian news site Meduza also stated that its website is no longer available in Russia.