Meaning of Olúyọ̀lé
The hero is worth rejoicing over.
Glossolú - hero, prominent one
yọ̀ - rejoice, celebrate
lé - on top of
The city of Ìbàdàn is reputed to have been founded by a man by this name. That's why one of the praise names of the city is "Ilé Olúyọ̀lé."