G-2170: Never overload variables.
Major
Reliability
Reason
The readability of your code will be higher when you do not overload variables.
Example (bad)
BEGIN 
   <<main>>
   DECLARE
      co_main CONSTANT user_objects.object_name%TYPE := 'test_main';
      co_sub CONSTANT user_objects.object_name%TYPE := 'test_sub';
      co_sep CONSTANT user_objects.object_name%TYPE := ' - ';
      l_variable user_objects.object_name%TYPE := co_main;
   BEGIN
      <<sub>>
      DECLARE
         l_variable user_objects.object_name%TYPE := co_sub;
      BEGIN
         sys.dbms_output.put_line(l_variable || co_sep || main.l_variable);
      END sub;
   END main;
END;
/
Example (good)
BEGIN 
   <<main>>
   DECLARE
      co_main CONSTANT user_objects.object_name%TYPE := 'test_main';
      co_sub CONSTANT user_objects.object_name%TYPE := 'test_sub';
      co_sep CONSTANT user_objects.object_name%TYPE := ' - ';
      l_main_variable user_objects.object_name%TYPE := co_main;
   BEGIN
      <<sub>>
      DECLARE
         l_sub_variable user_objects.object_name%TYPE := co_sub;
      BEGIN
         sys.dbms_output.put_line(l_sub_variable || co_sep || l_main_variable);
      END sub;
   END main;
END;
/