This article demonstrates a mild oxidatively induced C(sp<sup>3</sup>)–H activation at a high-valent Ni center. In contrast with most C(sp<sup>3</sup>)–H activation reactions at Ni<sup>II</sup>, the transformation proceeds at room temperature and generates an isolable Ni<sup>IV</sup> σ-alkyl complex. Density functional theory studies show two plausible mechanisms for this C–H activation process involving triflate-assisted C–H cleavage at either a Ni<sup>IV</sup> or a Ni<sup>III</sup> intermediate. The former pathway is modestly favored over the latter (by ∼3 kcal/mol). The Ni<sup>IV</sup> σ-alkyl product of C–H cleavage reacts with a variety of nucleophiles to form C(sp<sup>3</sup>)–X bonds (X = halide, oxygen, nitrogen, sulfur, or carbon). These stoichiometric transformations can be coupled using <i>N</i>-fluoro-2,4,6-trimethylpyridinium triflate as a terminal oxidant in conjunction with chloride as a nucleophile to achieve a proof-of-principle Ni<sup>II/IV</sup>-catalyzed C(sp<sup>3</sup>)–H functionalization reaction.