West African Central Banks are financial institutions responsible for managing monetary policy and ensuring economic stability in their respective countries. They oversee currency issuance, regulate banks, and control inflation to promote sustainable economic growth. Each country in the region typically has its own central bank, such as the Central Bank of Nigeria and the Banque Centrale des États de l'Afrique de l'Ouest. In addition to individual central banks, the West African Economic and Monetary Union (WAEMU) includes a regional central bank, the Banque Centrale des États de l'Afrique de l'Ouest (BCEAO). This institution coordinates monetary policy for member states, facilitating trade and economic integration across the region.