Ọláwálé is both a surname and a given name of Yoruba origin meaning "a combination of prestige, success and wealth has arrived home". Diminutives of the name include Ola, Wale and Olaale (Benin Republic/Ketou).
Notable people with the name Isiaka Olawale (born November 11, 1983), Nigerian footballer Jamize Olawale (April 17, 1989), American football player Olawale Adeniji Ige (born October 13, 1938 - 9 May 2022), Nigerian engineer and politician Olawale Adelusimi (born April 1, 1983), Nigerian footballer Taslim Olawale Elias (11 November 1914 – 14 August 1991), Nigerian jurist
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