We have investigated the electronic structures and magnetic properties of both undoped and doped bcc Ni using the full-potential linearized augmented plane wave (FLAPW) band method. A ferromagnetic ground state is obtained at the equilibrium volume of bcc Ni. When the system is under strain, the nonmagnetic ground state is stabilized. When the Ni is doped with V, the $Ni_{16-x}V_x$ material loses its magnetic properties when x > 2. We have also discussed the possible superconducting properties of $Ni_{16-x}V_x$.