An induced current always flows in a direction such that its magnetic field opposes the change in flux that produced it.
The approaching N pole induces a current that makes the coil face an N pole too — repelling it.
the minus sign in EMF = −N × dΦ/dt
—
gives the direction of the induced current, not its size
In plain English: Nature resists change: push a magnet into a coil and the coil pushes back; pull it out and the coil tugs it back in. Energy conservation wearing a magnetic costume.
Where you'll meet it: Explains the flyback voltage spike when you switch off a relay coil (and why it needs a flyback diode), eddy-current brakes, and why motors draw less current once spinning (back-EMF).