Is there a direct way to seeing that $B{\mathbb{N}}\simeq S^1$, i.e. the classifying space of the monoid of natural numbers is homotopy equivalent to the circle?

Here, since the natural numbers ${\mathbb{N}}$ is not a group, some care is needed to define the classifying space $B{\mathbb{N}}$ properly. One way to do this is to consider ${\mathbb{N}}$ as a discrete simplicial monoid, then set $B{\mathbb{N}}:=|N{\mathbb{N}}|$ to be the geometric realization of its nerve.

This fact is a special case of (yet surprisingly, equivalent to) a larger theorem of James, namely that James' construction $J[X]$ on a pointed simplicial set $X$ is weakly equivalent to $\Omega\Sigma |X|$. Here $J[X]$ is the free simplicial monoid on $X$ modulo the basepoint $*$. Take $X=S^0$ gives $|N{\mathbb{N}}|\cong |NJ[S^0]|\simeq B\Omega\Sigma S^\simeq |\Sigma S^0|\simeq S^1$.