  Bismuth-metal graphite (MG) has a unique layered structure where Bi
nanoparticles are encapsulated between adjacent sheets of nanographites. The
superconductivity below $T_{c}$ (= 2.48 K) is due to Bi nanoparticles. The
Curie-like susceptibility below 30 K is due to conduction electrons localized
near zigzag edges of nanographites. A magnetic-field induced transition from
metallic to semiconductor-like phase is observed in the in-plane resistivity
$\rho_{a}$ around $H_{c}$ ($\approx$ 25 kOe) for both $H$$\perp$$c$ and
$H$$\parallel$$c$ ($c$: c axis). A negative magnetoresistance in $\rho_{a}$ for
$H$$\perp$$c$ (0$<H\leq$3.5 kOe) and a logarithmic divergence in $\rho_{a}$
with decreasing temperature for $H$$\parallel$$c$ ($H$ $>$ 40 kOe) suggest the
occurrence of two-dimensional weak localization effect.
