Council created to combat Arianism. 

It created amongst a number of canons, the Nicene Creed,  which would later develop to the Nicene Constantinople. The creed created at the council of nice was as follows:

"We believe in one God, the Father Almighty, maker of all things visible and invisible; and in one Lord Jesus Christ, the Son of God, the only-begotten of his Father, of the substance of the Father, God of God, Light of Light, very God of very God, begotten (γεννηθέντα ), not made, being of one substance (ὁμοούσιον, consubstantialem) with the Father. By whom all things were made, both which be in heaven and in earth. Who for us men and for our salvation came down [from heaven] and was incarnate and was made man. He suffered and the third day he rose again, and ascended into heaven. And he shall come again to judge both the quick and the dead. And [we believe] in the Holy Ghost. And whosoever shall say that there was a time when the Son of God was not (ἤν ποτε ὅτε οὐκ ἦν ), or that before he was begotten he was not, or that he was made of things that were not, or that he is of a different substance or essence [from the Father] or that he is a creature, or subject to change or conversion—all that so say, the Catholic and Apostolic Church anathematizes them."  http://www.newadvent.org/fathers/3801.htm

 The council of Nice was created before there was an official canon of the bible.

Links of use:

The origin of the Nicene Creed http://www.newadvent.org/fathers/3801.htm (A.D. 325)

CATHOLIC ENCYCLOPEDIA: Nicene Creed CATHOLIC ENCYCLOPEDIA: First Council of Nicaea