The name Toye is of Yoruba origin, meaning 'rejoice' in that language. It is predominantly used as a given name for females but can also be used as a surname. The name Toye gained prominence in Nigeria due to its cultural significance and has since been adopted by people of other African descent worldwide.
The name Toye experienced significant fluctuations in popularity over the years, with a notable increase from the late 1950s to the mid-1970s. The highest number of births recorded in a single year was 17, which occurred twice in the early 1970s. However, there were also several years with fewer than 8 births each. Overall, over a century, there have been a total of 388 births named Toye.