Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Nigeria has vowed to rein in the militants who are relentlessly bombing the country's oil infrastructure and have slashed its crude output. But experts say the government of President Muhammadu Buhari lacks the military capacity and institutions to tackle the threat — and military action could make things much worse anyway.
Little is certain about the motives of the Niger Delta Avengers. But the group claims through its website and that it wants a bigger share of the Niger Delta's resource wealth to go to the region's people, and it wants some sort of environmental remediation after decades of rampant oil and gas pollution.
What is certain is that the Avengers are effective. Nigeria's oil production has fallen from 2.2 million barrels per day to roughly 1.6 million after a spate of attacks, which come as the country was already in crisis mode thanks to a rout in global oil prices.
Nigeria has deployed more troops to the delta and begun talks with state and local leaders to address their grievances. This week, Nigerian Oil Minister Emmanuel Ibe Kachikwu called on the Avengers to "sheath their weapons and embrace dialogue with the government."
The Avengers responded in their Twitter feed: "We're not negotiating with any committee. If Fed Govt is discussing with any group they're doing that on their own."
The Nigerian military has slim hopes of finding and defeating the militant group in the delta's swampy network of creeks, say experts. The terrain confounded soldiers during a prior, yearslong campaign against oil militants, who stopped bombing oil installations only after the government began paying them as part of a 2009 amnesty program.
"I think it would be very difficult to tackle this issue using essentially police methods," said John Campbell, former U.S. ambassador to Nigeria. "The delta doesn't lend itself to military or police action, and in fact, it failed the last time there was an insurrection there."
The military, which Buhari is trying to remake into a more professional fighting force, also has little support among delta residents, and its presence could make matters worse, according to Campbell.
Abuse of civilians at the hands of the military in northern Nigeria provided a potent recruitment tool for Boko Haram, Campbell said. That group has gone on to become one of the world's most deadly terrorist organizations. If similar abuses were repeated in the delta, more militants would likely emerge, he said.
This week, the federal government said it would withdraw troops from villages after complaints of heavy-handed tactics.
Meanwhile, the Avengers have at least tacit support from some locals in the delta. Members are viewed as part bandit and part Al Capone, but they are also seen as part Robin Hood, said Gerald McLoughlin, an independent analyst and former U.S. foreign service officer with experience in Nigeria. That sympathy, coupled with a lack of economic opportunity in the delta, make the group extremely difficult to combat.
"Quite frankly, it's almost impossible. It's not like an insurgency in the classic sense," he told CNBC.
"If they find these guys and hunt them down and shoot them, there will be another group the next day. What else can you do if you live there?" he said.
The Buhari government could conceivably build goodwill by embarking on public works projects, said Ambassador Cambell. Construction of a long-discussed road across the delta region, for example, would employ a huge number of workers and open new areas to economic development, provided it functioned well.
The delta ostensibly has institutions in place to execute such projects, but they have accomplished little, said Manji Cheto, senior vice president at advisory firm Teneo Intelligence. The Niger Delta Development Commission was founded in 2000, followed by the Niger Delta Ministry in 2008. There is also an office dedicated to carrying out the 2009 amnesty program.
The organizations carry out programs, but have no cohesive blueprint for development, and much of their funding falls into a "black hole," Cheto said. The government should merge the three organizations, she said. "Quite clearly they didn't see this as a priority. Now, with pipelines being attacked every week, it has to become a priority," she said.
Analysts don't doubt that Buhari is committed to the anti-corruption crusade he campaigned on, but they say his hands are tied by corruption at the state and local level, where oil revenue that's distributed by the federal government is frequently misallocated.
"What happens in many cases is the funds arrive on the state governor's desk and there's no further accounting for them," Ambassador Campbell said. "The state legislatures are supposed to hold the governors accountable, but very often, the legislatures are part of the (patronage) network controlled by governors."
That system makes delta people skeptical that talks between federal and local leaders will produce change, Cheto said.
Beyond the impact on the Nigerian economy, the Avengers could agitate separatist sentiment in the delta — a potentially disastrous development in a country like Nigeria with divided regional, tribal and religious loyalties.
Cheto said she's concerned about increased activity among independence groups in the south's Biafra region. The delta state fought a devastating civil war with Nigeria from 1967 to 1970. At the peak of that conflict, Nigeria's total blockade of Biafra led to thousands of deaths by starvation on a daily basis.
Among its list of demands, the Avengers have called for the release of Nnamdi Kanu, director of Radio Biafra and a separatist leader who has been in government custody since October. Separatist groups have also voiced support for the Avengers, local media reported.
Cheto believes the Biafra groups are looking to the 2019 election to gain influence, though she said the rise of the Avengers provides another outlet through which they could potentially advance their aims.
"I think it's just simmering under the surface. I don't want to sound alarmist, but for the government to ignore it would be a misstep," she said.
In McLoughlin's view, there's still much animosity between delta residents and Biafra activists that's left over from the civil war. Still, he said he sees growing regionalism in the delta that could make it difficult for the federal government to rally support against the Avengers and other threats.
"What Nigeria is doing inadvertently is creating the conditions for a real insurgency, a political insurgency," he said.
"Nigeria has an incipient Nigerian-ness, kind of a sense that we're Nigerian, but they're really working against it here inadvertently in the delta, where they're creating a sense that we're not Nigerians, we're the delta people."