Herein, we report on the versatile reactions of CHC(CHPPh) as well as CHSi(CHPPh) derived Ni-complexes. While Ni[CHC(CHPPh)] complexes reveal high stability, the Ni[CHSi(CHPPh)] analogs show rapid decomposition at room temperature and afford the unprecedented pseudo-tetrahedral phosphino methanide complex 5. We provide a detailed electronic structure of 5 from X-ray absorption and emission spectroscopy data analysis in combination with DFT calculations, as well as from comparison with structurally related complexes. A mechanistic study for the formation of complex 5 by reaction with BF is presented, based on a comparison of experimental data with quantum chemical calculations. We also show a simple route towards isolable Ni(i)-complexes on the gram scale.