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Preheat the oven to 350°F. Lightly grease a standard muffin or cupcake pan; or line with papers, and grease the papers.
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For the cake, in a large bowl, cream the butter and sugar together until smooth.
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Add the eggs, and beat well. Stir in the banana, honey, and yogurt(or buttermilk), and vanilla. The mixture may look lumpy or curdled.
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In a medium bowl, whisk together the flour, baking powder, baking soda, salt, cinnamon, and nutmeg and Cake Enhancer.
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Add half of the dry ingredients to the banana mixture and mix until combined. Scrape the bowl and add the remaining dry ingredients. Mix until the batter is uniform; scrape the bowl and mix at medium speed for 30 seconds.
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Scoop the batter into the prepared pan, filling the wells almost full; a muffin scoop works well here.
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Bake the cupcakes for 24 to 27 minutes, until a cake tester or toothpick inserted into the center of one comes out clean, or with a few moist crumbs clinging to it.
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Remove the cupcakes from the oven, and place the pan on a heatproof surface. As soon as you're able, tilt the cupcakes in the wells of the pan; this prevents their bottoms from steaming.
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When the cupcakes are completely cool, make the frosting. Beat together the confectioners' sugar, peanut butter, vanilla, and salt until crumbly.
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Add 1/3 cup of the milk (or half & half), beating to combine. If the frosting is too thick to spread easily, add more liquid a tablespoon at a time, beating after each addition.
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Put the crushed peanuts in a bowl. Frost the cupcakes, using about 42g (1 1/2 ounces) frosting for each. As you frost each cake, dip it into the crushed peanuts, turning it to cover the frosting completely.
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Transfer cupcakes to a rack to set briefly; then cover and store airtight until you're ready to serve them. They'll stay fresh for a day or two; longer, if you've used Cake Enhancer.