Damilola is from the Yoruba Dámi (give me) + lọlá (wealth) — God brings wealth. Damilola Adegbite (born 1985) is a Nigerian actress and former model — among the most-celebrated contemporary Nollywood actresses. Married Ghanaian rapper Chris Attoh (2015-2017).
Damilola does not currently appear in the US Social Security Administration's top 1,000 girls' names, so we don't publish a US rank or birth count for it. That says nothing about the name's standing elsewhere in the world — only that it sits outside the ranked US data we rely on.
In Pythagorean numerology the letters of Damilola reduce to 4, The Builder. This is a traditional interpretive system, not a factual claim about the name.