Mix flour, baking powder, sugar, and salt in a bowl.
Add milk and eggs to make a dough.
Coarsely chop peanuts and mix into the dough.
Heat oil in a pan over medium-low heat.
Scoop spoonfuls of dough onto the pan and shape into rounds.
Flip to cook evenly once one side is cooked.
Serve on a plate when golden brown on the outside.