We perform projective quantum Monte Carlo simulations of zigzag graphene nanoribbons within a realistic model with long-range Coulomb interactions. Increasing the relative strength of nonlocal interactions with respect to the on-site repulsion does not generate a phase transition but has a number of nontrivial effects. At the single-particle level we observe a marked enhancement of the Fermi velocity at the Dirac points. At the two-particle level, spin- and charge-density-wave fluctuations compete. As a consequence, the edge magnetic moment is reduced but the edge dispersion relation increases in the sense that the single-particle gap at momentum $q=pi/|{pmb a}_1|$ grows. We attribute this to nonlocal charge fluctuations which assist the spin fluctuations to generate the aforementioned gap. In contrast, the net result of the interaction-induced renormalization of different energy scales is a constant spin-wave velocity of the edge modes. However, since the particle-hole continuum is shifted to higher energies---due to the renormalization of the Fermi velocity---Landau damping is reduced. As a result, a roughly linear spin-wave-like mode at the edge spreads out through a larger part of the Brillouin zone.
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