NiO is one of the prototypical compounds that has highlighted the importance of correlation effects in transition metal oxides. Core level spectroscopies bear evidence for the highly correlated nature of low energy excitations. For instance, the asymmetry of the Ni2p-line shape has been attributed to non-local charge transfer excitations and multi-site cluster calculations show that solidstate effects generally are appreciable for correlated materials, such as cuprates and high Tc-compounds.....