Seven fungal species (Aspergillus niger, Aspergillus versicolor, Aspergillus flavus, Aspergillus fumigatus, Rhizomucor pusillus, Trichophyton equinum and Rhizopus oryzae) were isolated from the tannery effluent collected at a tannery industry located at Challawa industrial estate of Kano State, Nigeria. Aspergillus niger had the highest percentage occurrence frequency of 36%(31) while Trichophyton equinum had the least percentage occurrence frequency of 4%(5). Consequently, Aspergillus niger recorded the highest mean tolerance indices of 1.175, 0.830, 0.580, 0.780 and 0.630 while Rhizomucor pusillus had the least of the tolerance indices of 0.675, 0.375, 0.346, 0.450 and 0.255 for chromium, cadmium, manganese and lead respectively. Accordingly, furthermore the minimum inhibitory concentration (MIC) and biomass yield of the seven tested fungi isolates cultured in the presence of the five heavy metals used in this study showed different level of growth pattern. Hence the high resistant potentials and tolerance to the selected heavy metals exhibited by the fungal species isolated in this study is an indication that indigenous fungal floral isolated from tannery effluent if properly harnessed may offer a feasible solution to the serious environmental pollution problems associated with the presence of heavy metals in tannery effluent.